EFC (I) Ltd Reports Over 90% Occupancy at Pune Business Center

EFC (I) Ltd has reported that its Sprint Business Center, located in Wakadewadi, Pune, has reached over 90% occupancy. This milestone was achieved in a short time frame. The business center is a fully owned asset of the company, covering an area of 49,556 square feet. It has been developed as a premium A-Grade commercial workspace.

The property has been leased to large enterprise and multinational clients. This aligns with EFC’s strategy of enhancing its premium tenant portfolio. The company highlights the strong demand for high-quality, managed office spaces in Pune’s commercial real estate market. The rapid occupancy stabilization is attributed to strong market absorption for premium Grade-A office infrastructure and EFC’s brand credibility.

EFC (I) Ltd emphasizes its efficient leasing and operational turnaround capabilities. The company notes that the successful leasing of this property strengthens its recurring revenue visibility from owned assets. This development further solidifies EFC’s position as an integrated workplace infrastructure and design ecosystem player.

EFC (I) Ltd was founded in 2014 by first-generation entrepreneur Mr. Umesh Kumar Sahay. The company is listed on both NSE and BSE. It is headquartered in Pune and manages over 73,000 seats across 90+ centers in eleven cities and nine states in India. EFC employs approximately 500 people and serves over 720 highly reputed corporates, offering high-quality working spaces.