.jpg)
Kontor Space Expands Workspace By 25,000 Sq. Ft With 500 Seats
Mumbai (Maharashtra) [India], January 12: Kontor Space Limited provides co-working services by renting and managing commercial spaces, has executed an LOI for opening a new co-working center at MIDC, Andheri East. This co-working space will be spread over approximately 25,000 sq. ft of area with a capacity of 500 seats. The center is scheduled to become […]
Mumbai (Maharashtra) [India], January 12: Kontor Space Limited provides co-working services by renting and managing commercial spaces, has executed an LOI for opening a new co-working center at MIDC, Andheri East. This co-working space will be spread over approximately 25,000 sq. ft of area with a capacity of 500 seats. The center is scheduled to become operational from the second quarter of the FY2024-25, marking a significant growth milestone.
Commenting on the LOI, Mr. Kanak Mangal, Promoter, Kontor Space Limited Said, “By successfully executing an LOI for a new Co-working Center, Kontor is not only advancing its own trajectory but also actively shaping the future of workspaces for its clients.
The strategic choice of the specified area is a testament to the company’s focus. Furthermore, the proposed location is strategically positioned to attract more clients, benefiting from excellent connectivity, including Metro Connectivity, along with proper infrastructure facilities. This location also offers lucrative opportunities, given the presence of many companies and a workforce in the surrounding area. With an impressive average co-working space occupancy of approximately 90%, the Andheri location stands out as a top performer.
