EFC leases 62,000 sq ft space in Navi Mumbai’s Airoli
Pune-based shared space provider Entrepreneur Facilitation Centre (EFC) has leased two centers in Reliable IT Park, Airoli, Navi Mumbai. While one center has 30,000 sq ft space, other has 32,000 sq ft area.
The company will offer 550 and 700 seats respectively in these centers. It plans to maintain an average rent of about Rs 7,000 per seat per month in both the centers. “We have already attained 50% occupancy for one of the centre. Companies like Empower Integrated Solutions, Integrity financial services have taken up space with us,” said Umeash Sahhaaii, CEO of the company.
According to Sahhaaii, while Airoli remains an attractive place for office space, because of high demand and low supply, rents have gone up in the loaclity in the past few years, which makes it difficult for small scale industries to set shop here.