Incuspaze, a provider of flexible workspaces, secured a lease for 350,000 sq ft in Gurugram’s Udyog Vihar, marking one of the largest office space deals of 2024.
Additionally, the company leased 150,000 sq ft in Pune and 60,000 sq ft in Jaipur, aiming to expand by 1.5 million sq ft this year due to rising demand for flexible workspace across the country.
“We are operating at 95% of occupancy and largely catering to enterprise clients,” said Sanjay Chatrath, managing partner, Incuspaze.
“Incuspaze plans to expand its portfolio to 7 million sq ft by 2026 on the back of a rise in demand for flexible spaces by mid and large corporates.”
The workspace provider currently operates in 44 locations spanning 18 cities, boasting a total portfolio of 2.5 million sq ft.
