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Press Release26 Aug 2024, 04:36 pm

EFC (I) Ltd Expands Portfolio with New 49,556 sq. ft. Acquisition in Pune Worth Over Rs. 80 cr.

AI Summary

EFC (I) Ltd, a BSE-listed company, has announced the execution of a Letter of Intent (LOI) for the acquisition of a prime property in Pune. The property, valued at over 80 crore INR, spans 49,556 square feet and has a seating capacity of over 1,500. This acquisition is a significant milestone in the expansion of EFC Limited's serviced office portfolio, reinforcing its market position and commitment to operational excellence and market leadership. Founded in 2014, EFC (I) Ltd offers high-quality working spaces to over 570 reputed corporates across seven states in India, with over 2.25 million sq. ft. of office space and 47,000+ seats. The company is committed to expanding into newer geographies and maintaining its industry-leading status.

Key Highlights

  • EFC (I) Ltd expands its portfolio with a new acquisition in Pune worth over Rs. 80 cr.
  • The acquired property spans 49,556 square feet and has a seating capacity of over 1,500.
  • This acquisition reinforces EFC Limited's market position and commitment to operational excellence and market leadership.
  • EFC (I) Ltd is a BSE-listed company founded in 2014, offering high-quality working spaces to over 570 corporates across seven states in India.
  • The company is committed to expanding into newer geographies and maintaining its industry-leading status.
EFCIL
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EFC (I) Ltd

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