Business Update5 May 2026, 10:49 am
Nukleus Office Solutions Leases 75,000 Sq. Ft. in Noida
AI Summary
Nukleus Office Solutions Ltd has executed Letters of Intent (LOIs) to lease approximately 75,000 sq. ft. of commercial office space at Okaya Centre, Sector 62, Noida, Uttar Pradesh. The agreement with OESPL Private Limited involves leasing 25,000 sq. ft. in Tower 1 and 50,000 sq. ft. in Tower 3 for a term of 5 years with a renewal option. This expansion aims to strengthen the company's presence and scale its co-working and managed office business.
Key Highlights
- Nukleus leases 75,000 sq. ft. at Okaya Centre, Noida for expansion.
- LOIs signed for Tower 1 (25,000 sq. ft.) and Tower 3 (50,000 sq. ft.).
- Lease tenure is 5 years with a renewal option.
- Agreement is with OESPL Private Limited for co-working operations.
- No related party transactions involved in the leasing agreement.