Stock Report

Awfis Brings integrated workspace solutions to Lucknow''s vibrant business Community

Posted On : 2025-01-14 23:47:35( TIMEZONE : IST )

Awfis Space Solutions Limited, India's first and only listed flexible workspace solutions provider, proudly announces the launch of its first centre in Lucknow, spanning an impressive 47,694 sq. ft. Strategically located in Gomti Nagar, a vibrant business district and the city's thriving IT corridor, the area has emerged as a hub for technology and commercial activity. With rapid development in IT parks, business complexes, and residential projects, Gomti Nagar stands out as a prime destination for real estate investment. As a vital contributor to Uttar Pradesh's ambitious $1-trillion economy goal, Lucknow accounts for 3.85% of the state's GDP.

Key Features of the centre:

Design & Build - The centre is thoughtfully designed to integrate collaborative and private spaces, providing ready to move environments that meet the modern needs of clients from diverse sectors

Strategic Location: The new centre is in the heart of Lucknow, offering excellent connectivity to Indira Nagar Metro Station and easy access to key social infrastructure hubs

Grade-A Infrastructure: The centre is in a Grade-A, fully compliant development to meet the highest standards of quality and functionality

State-of-the-Art Amenities: Includes lounge area, Awfis Café, ample parking facilities, and cutting-edge IT infrastructure to cater to modern business needs

Comprehensive Workspace Solutions: Offers versatile options such as meeting and conference rooms, co-working spaces, and tailored enterprise solutions

Mr. Amit Ramani, Chairman & Managing Director of Awfis Space Solutions Limited, said: "We are thrilled to announce the launch of our first centre in Lucknow, a city undergoing remarkable transformation fueled by robust infrastructure development, progressive government policies, and the rapid growth of IT and ITES industries. With exceptional connectivity and dynamic investment potential, Lucknow has emerged as a vibrant hub for commerce and innovation, attracting homebuyers, businesses, and global brands. Our new centre is meticulously designed to provide a productive workspace, enabling startups, entrepreneurs, and businesses to flourish. With continuous infrastructure advancements, a skilled talent pool, and strong reforms, Lucknow is well-positioned to attract large enterprises, create jobs, and drive sustainable economic growth.

With the launch of its new center in Lucknow, Awfis solidifies its position as India's leading provider of flexible workspace solutions. As an industry pioneer, Awfis was the first to enter a Tier-II city in 2018. Since then, it has expanded to nine cities, including Chandigarh, Bhubaneswar, Guwahati, Kochi, Jaipur, Nagpur, Pune, Indore, and Lucknow establishing the most extensive presence in these regions. This milestone underscores Awfis' commitment to addressing the growing demand for high-quality, flexible workspaces. By offering cutting-edge, customizable solutions tailored to the evolving needs of businesses and entrepreneurs, Awfis empowers organizations to thrive in today's dynamic and competitive landscape.

Shares of Awfis Space Solutions Limited was last trading in BSE at Rs. 709.55 as compared to the previous close of Rs. 682.55. The total number of shares traded during the day was 30007 in over 1841 trades.

The stock hit an intraday high of Rs. 717.50 and intraday low of 672.00. The net turnover during the day was Rs. 20841626.00.