Coworking space provider Instaoffice plans to lease around 1 lakh sq ft of office space by March next year and expand operations to Bangalore and the National Capital Region. “We are focusing on demand based expansion and aim to set up 1,500-2,000 desks, leasing around 100,000 sq ft by the end of this financial year,” said Vikas Lakhani, co-founder and chief executive officer, Instaoffice. “While Bangalore and NCR would be the prime markets for us, we will set up strategic footprints cities like Mumbai,”he added. The company, based out of Gurgaon at present, have five offices in total, with a total area of 15,000 sq ft. “We are opening one office each in Gurgaon and Bangalore in October, which will take the total easing to around 25,000,” he said.
Read more: Economic Times
