New Delhi, December 02, 2023 : AltF Coworking launches its latest offering in the coworking space industry at Okhla, New Delhi on 1st December, 2023. The state-of-the-art workspace exemplifies AltF’s vision for facilitating startups and SMEs.
The Okhla, New Delhi facility boasts a 50,000-square-foot area, which shall offer a range of seating options that will include a total of 1500 desks. What’s more, there will be bespoke seating solutions suiting the needs of the enterprises, with all the facilities expected of a contemporary office setup.
The behemoth of the office space industry has already made a mark in Delhi, Noida, and Gurugram. As for its expansion strategy, AltF is keenly looking to foray into the Hyderabad and Pune markets while keeping a tab on its presence in North India as well. AltF Coworking is seeking to raise funds at an estimated figure of $ 1-2 million in Q1 2024. Thereby helping the company in funding to acquire 4 to 6 properties in the following financial year, foster partnerships, and create brand awareness as AltF will begin expanding its footprint by investing around INR 10 Crore in FY 24-25. The co-space enterprise plans to develop 14 centres in FY 23-24 and 22 more by FY 24-25.
The founder’s overarching philosophy is to create a work environment to create the happiest, most productive, pocket-friendly office space for better work efficiency. Ultimately, AltF is all about making next-gen office spaces for millennials, start-ups, entrepreneurs, and SMEs.
Yogesh Arora, Co-Founder, of AltF Coworking is quite upbeat about its latest property in Okhla, New Delhi, where he said, “We are thrilled to introduce these cutting-edge coworking spaces that combine aesthetics and functionality. We plan to expand our operations in India in 2024. We are expanding our presence in Hyderabad and Pune markets while strengthening our presence in Delhi NCR parallelly”.
The demand for co-working office space has risen significantly in the last couple of years. Be it small, micro, medium, or large, companies are looking at setting up their offices in co-working centres to add flexibility.
Corporate Comm India (CCI Newswire)
