Awfis and Nyati Group Formed Strategic Leasing Partnership

Awfis, India’s largest network of flex workspaces announced its strategic leasing partnership with Nyati Group, one of West India’s leading real estate developers. This partnership brings together Awfis’ and Nyati Group's respective strengths, expertise, and capabilities to create compelling value for corporate and their associates.

Through this collaboration, Awfis will offer 1.74 lakh sq. ft of Grade-A flex office spaces spread across two of Nyati Group's Grade-A premium commercial assets  Nyati Empress and Nyati Enthral, in Pune. The two developments are spread across 56,252 sq. ft and 1,18,154 sq. ft. and are located in prime Viman Nagar and Kharadi respectively.

Both projects, in Viman Nagar and Kharadi are situated in prime Retail hubs and CBDs with close proximity to Nagar Road. They also connect to a diverse metro demographic being at the heart of 11 pin codes the likes of Kalyani Nagar, Koregaon Park, Sakore Nagar, Bund Garden, among others. Nyati Enthral and Nyati Empress are both mix-used development with a mix of high-street shopping, premium retail, entertainment and fine-dining options. Nyati Empress is a joint initiative between Nyati Group, Shroff Group and Choice Group.

Commenting on the development, Mr. Amit Ramani, CEO and Founder, Awfis, said, “We are delighted to partner with Nyati Group to open new workspaces in Pune, which is rapidly emerging as one of India’s leading business hubs for large-scale companies and startups alike. This partnership will help us to accelerate our plans to strengthen our office portfolio and increase our offering while leveraging the strength of Nyati Group’s proven credibility in the city of Pune.”

 Mr. Sumit Lakhani, Deputy CEO, Awfis said, "We are thrilled to partner with Nyati Group to provide innovative workspace solutions to our highly valued clientele in Pune. Through this partnership, Awfis will bring its expertise in providing top-notch flexible workspaces with the aim to deliver an unparalleled workplace experience. At Awfis, our goal is to help businesses grow and succeed, and this partnership is a step towards realizing that goal."

Commenting on the association Mr. Harish Shroff, Director (Sales, Marketing and Business Development) at Nyati Group added, “Co- working solutions offer the advantage of quality workspaces for India’s fast-growing startup and entrepreneurial eco-system - something we take active interest in growing and fostering across our commercial portfolio. On behalf of Nyati Group and our partners, we welcome young entrepreneurs and new-age businesses to now expand operations, grow, and thrive in North-East and East Pune”. 

Commenting on the growth and expansion of co-working industry in Pune, Mr. Piyush Nyati, Joint Managing Director at Nyati Group said, “Co-working is emerging to be the preferred office space for businesses across industries, especially post-pandemic, given the flexibility and cost-effectiveness it offers. The demand for flexible spaces is gaining momentum in Pune as organisations look to optimise costs, be closer to employees, and retain talent with flexible work options. Also driven by factors such as reverse migration, cost of living, and infrastructural push by governments, Pune is poised to witness a significant upswing in hybrid workplaces.