Awfis Space Solutions Limited has launched a new ~50,000 sq. ft. centre at Supreme Business Park, Hiranandani Gardens, Powai, strengthening its presence in Mumbai. This expansion brings Awfis’ footprint in the city to 35 centres, offering a total of ~1.04 million sq. ft. of premium workspace in highly accessible locations
Key Highlights
- Anchor Client: Howden Insurance Brokers India Pvt. Ltd. has leased ~36,000 sq. ft. on a 60-month agreement, reflecting long-term commitment
- Client Mix: Large enterprises account for 59% of Awfis’ clients, complemented by mid- and small-sized occupiers, ensuring a well-balanced demand portfolio
- Retention: 73% of clients have tenures exceeding 24 months, demonstrating strong long-term trust
Leadership Statement
Amit Ramani, Chairman & MD of Awfis, said:
“Mumbai continues to flourish as India’s financial capital, driven by strong CRE growth, the influx of global capability centres, and rising demand for high-quality Grade A office spaces. We are proud to contribute to this growth by offering innovative coworking formats, managed offices, and custom-built solutions that cater to diverse business needs. Partnering with Howden reaffirms our position as the preferred workspace partner for enterprises seeking future-ready, flexible, and scalable office solutions.”
Market Context
- Mumbai’s Office Market: The city alone accounts for 20% of India’s corporate real estate growth, driven by major metros and the expansion of Global Capability Centers (GCCs)
- Demand Drivers: Flexible, tech-enabled, and ESG-compliant workspaces are increasingly sought after by enterprises, startups, and professionals
- Future Outlook: India continues to emerge as a preferred global destination for corporate real estate, with strong fundamentals supporting ongoing growth
Strategic Focus
Awfis is leveraging this expansion to:
- Reinforce leadership in coworking and managed offices in Mumbai
- Serve a diverse client base, including large enterprises, SMEs, and startups
- Offer end-to-end solutions spanning enterprise workspaces, allied services, and design & build capabilities
- Drive flexible and sustainable workspace adoption aligned with evolving market dynamics
Conclusion
Awfis’ Powai centre expansion underscores the company’s commitment to innovation, flexibility, and client-centric solutions. As Mumbai continues to attract global enterprises and GCCs, Awfis is well-positioned to capitalize on the growing demand for future-ready, scalable office spaces in India’s financial capital
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