Archive · 16 Jun 2025
Awfis Plans Expansion in Tier 1 & 2 Cities, Says Amit Ramani
Awfis, a company that provides office spaces, has been growing quickly!
They've opened more offices and added services.
They offer different kinds of spaces, like co-working areas and managed offices.
They're also expanding by working with landlords to share the costs.
They are planning to keep growing and are looking at both big and smaller cities.
They focus on design and building services as well.
Awfis experienced a 42% year-on-year revenue growth in FY25 due to expansion and new services.
The company expanded from startups to enterprises, incorporating managed offices and various services.
Awfis plans to add 40,000 seats, projecting 30% growth in FY26, with a focus on standalone businesses.
Design and build services are important for client satisfaction in both co-working and managed office spaces.
The Managed Aggregation model helps Awfis' growth and profitability by sharing risk with landlords.
- Who
- Amit Ramani, Chairman & MD of Awfis
- What
- Awfis, an office space provider, discussed its growth and expansion plans.
- When
- FY25 and FY26
- Where
- India, including Tier 1 and Tier 2 cities.
- Why
- To discuss the company's growth, expansion plans, and market trends.
Demand for Premium vs. Flagship Offices
Flagship Office Demand
Office Space Demand
Demand for Premium vs. Flagship Offices
Premium segments (Gold and Elite) have limited demand
Flagship Office Demand
Flagship-level offices cater to a larger portion of the market due to higher demand in India
- FY25 Revenue Growth
- 42% year-on-year
- Live Centers
- 210
- Managed Aggregation Model
- 67% of centers
- FY26 Projected Growth
- 30%
- Flagship Product
- 85% of portfolio