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The Executive Centre To Expand Its Footprint In India

Aayat AlibyAayat Ali
February 24, 2020
in News
Reading Time: 1 min read
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Flexible workspace provider The Executive Centre will expand its presence in India by adding 250,000 square feet of space this year, leading it to a footprint of 1 million square feet in the country. 

The company will add 100,000 square feet in Bengaluru alone. It will also add space in cities such as Gurgaon, Pune, Chennai, Mumbai and Hyderabad.

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Since entering India’s flexible office market in 2008, The Executive Centre has expanded its footprint in India to 800,000 square feet across 28 locations in seven cities.

“Due to economic slowdown, many corporates have slowed down on the expansion of their own campuses and instead they are opting to grow in a flexible office space like TEC,” said Neha Verma, Regional Marketing Manager at TEC India, Sri Lanka and the Middle East.

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Yardi Kube automates flex and coworking operations

Verma said that the coworking sector has grown from 0.5% of total office leasing in 2008, to 17% in 2019, and believes TEC will have a growth of 30% in India this year.

The Executive Centre’s facilities offer members enterprise solutions, private workspaces, virtual offices, coworking areas, meeting and conference rooms, video conferencing and much more.

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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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