EFC achieves over 90% occupancy in record time at Sorint Tower, Wakadewadi, Pune

EFC is pleased to announce a significant operational milestone that Sprint Business Center, Wakadewadi, Pune, a fully owned asset of the Company spread over 49,556 sq., has now been successfully developed as a premium A-Grade commercial workspace and has achieved over 90% occupancy in record time.

This landmark achievement reflects the strong demand for high-quality, managed office spaces in Pune's commercial real estate market and reinforces EFC's robust execution capabilities. The property has been leased out to Large Enterprise and Multinational clients, further strengthening the Company's premium tenant portfolio.

This rapid stabilization of occupancy demonstrates:

- Strong market absorption for premium Grade-A office infrastructure
- EFC's brand credibility and client trust
- Efficient leasing and operational turnaround capabilities
- Strengthening recurring revenue visibility from owned assets

The successful leasing of this property further solidifies EFC's position as an integrated workplace infrastructure and design ecosystem player, combining ownership, development, and managed workspace solutions under one platform.

Shares of EFC India Limited was last trading in BSE at Rs. 193.15 as compared to the previous close of Rs. 193.85. The total number of shares traded during the day was 17997 in over 388 trades.

The stock hit an intraday high of Rs. 197.15 and intraday low of 190.20. The net turnover during the day was Rs. 3491100.00.

Source : Equity Bulls

Keywords

EFCIndia INE886D01026 EFCIL OperationalMilestone SprintBusinessCenter Wakadewadi Pune