Incuspaze, a managed office space provider, in association with the Alembic Group has launched 50,000 sq ft co-working space in Vadodara, the company said in a media release.
The center has 1000-seat capacity, which will be rolled out in two phases. In the first phase, the company will go live with 500 seats along with dedicated private offices, meeting rooms, and conference rooms.
It will also launch two new centres in Kochi and Trivandrum, at Aspinwall House. Apart from this, they have also signed three new centres in Delhi-NCR spread across 2 lakh sq ft which they plan to launch by end of January 2021.
The company is planning to add 5 lakh sq ft by the end of 2021 in Gujarat. Sanjay Chatrath, managing partner (India) of the company said, “We are already in discussion with multiple asset owners for further expansion in Vadodara and Ahmedabad and new spaces in key cities like Surat and Rajkot.”
With multi-city presence and offerings they hope to leverage on cost and flexibility to meet their business needs while reducing their operational cost by 30-40% at the same time.
Currently, the company has presence in 10 cities with 25 locations.