Spaciya Leases 1.5 Lakh Sq. Ft. Since Lockdown

Abhay Shah - August 17, 2020

India, Noida, August 2020: Beating the odds during COVID 19, Spaciya Advisors, NOIDA based real estate consultancy firm has achieved a milestone of leasing 1.5 lakh square feet of office spaces in NCR since relaxation on lockdown. Spaciya negotiated up with several real estate developers across NOIDA to give hefty rental discounts to the tenants.

COVID times when businesses are being highly impacted, the opportunity of leasing the office spaces has increased. This has come as a result of the shrinking budgets of all corporates, start-ups and big establishments. We found an opportunity during these hard times and realized the market needs, says Mr. Ajit Panda, Founder & CEO of Spaciya Advisors.

“While COVID has drastically impacted the way businesses operate, companies who cannot resort to work from home, are grabbing lease opportunities where the landlords realize the strain in the market and offer flexibility in terms for extended rent free periods or upfront rental discounting. Spaciya has been able to help corporates locate such deals,” adds Mr. Panda.

The transactions were done across various domains such as BPO, IT/ITES, travel and staffing. Business Parks like OKAYA Centre, KLJ Noida One in Sector 62 and Eco Tower, Windsor, Assotech, ETT, Riana in Noida Expressway have extended such offers to Clients of Spaciya Advisors.

Spaciya, which was established in the year 2016, specializes in corporate leasing of various facets on commercial real estate – office, factories, and warehouses. The company achieved the milestone of reaching 1 million square feet last year. It plans to expand to Delhi & Gurgaon by the end of the current fiscal year 2020-21.

About Spaciya Advisors:

Spaciya Advisors is one of the leading real estate consultancy firms, which deals in B2B commercial real estate segment – office and retail spaces, factories, warehouses, with professional delivery and regional expertise. It caters currently to mid segment companies to locate office, factory, warehouse spaces in Noida, on lease. The company is now working through its website, spaciya.com, for the potential customers to have real time walkthroughs of the properties listed online. It would help in giving a better idea about the property, which would make the decision quick and transparent.

Spaciya has its corporate office in NOIDA and functions across Delhi & NCR and also spans out on PAN India basis whenever the client offers lease mandates. All transactions of Spaciya are legally vetted and due diligence comes first before anything else. It has exclusive inventories of office space, warehouses, industries and retail spaces.

Spaciya has catered to the clients in various domains such as staffing, consulting, banking, media houses, IT, Logistics, Training, Telecom, Manufacturing, etc.

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