Latest news with #AshishAgarwal
Fashion Value Chain
2 days ago
- Business
- Fashion Value Chain
AU Real Estate Strengthens NCR Presence with New Corporate Office at World Trade Center, New Delhi
AU Real Estate, one of India's prominent real estate developers, has announced the opening of its new corporate office at the World Trade Center in New Delhi. This strategic move reinforces the company's long-term commitment to the National Capital Region (NCR) and marks a significant step forward in its regional expansion plans. AU Real Estate Corporate Office Located in one of the capital's most connected business districts, the new office will serve as AU Real Estate's nerve centre for corporate strategy, stakeholder engagement, and regional operations. The new office also has a dedicated Sales Gallery, providing a seamless interface for customer engagement. The move enables closer collaboration with policymakers, investors, and partners, aligning with the company's vision of shaping high-quality, future-ready developments across NCR. Ashish Agarwal, Director, AU Real Estate, said, 'The opening of our corporate office in New Delhi reflects our growing footprint and our commitment to building long-term value across NCR. It brings us closer to the ecosystem of decision-makers and partners that define the future of real estate in the region.' AU Real Estate's expansion across Eastern NCR is anchored by a strong and diversified portfolio. Its flagship project, The Sunflower, is widely recognised as one of the region's most sophisticated luxury addresses. This is complemented by Family Hub, a vibrant retail concept that reflects modern lifestyle trends, and Arihant Enclave, a thoughtfully designed gated villa community that balances privacy with placemaking. Further strengthening its portfolio, AU Real Estate recently entered the Noida market with Aspire Silicon City Phase 4, acquired through a digital e-auction conducted by NBCC (India) Ltd. Spread across 8.33 acres of prime urban land, Aspire Silicon City is strategically located near Sector 76 and Sector 50 Metro Stations, offering seamless access to the Noida-Greater Noida Expressway, FNG corridor, and major commercial hubs. The development reflects AU Real Estate's commitment to integrating design excellence, environmental sensitivity, and intelligent urban planning. As part of its broader growth strategy, the company has made significant investments in technology. AU Real Estate has deployed the Farvision ERP platform-a cloud-based, sector-specific solution that integrates project management, CRM, procurement, inventory, and finance. This digital ecosystem is enhancing operational transparency, enabling real-time decision-making, and elevating the overall customer experience. With a growing presence and a future-focused approach, AU Real Estate remains committed to delivering high-quality developments backed by timely execution, strong governance, and lasting customer trust.
Hindustan Times
02-06-2025
- Business
- Hindustan Times
Vyapar leases 90,000 sq ft commercial space from Enzyme Office Spaces in Bengaluru
Vyapar, an accounting software company, has leased 90,000 sq ft of customized commercial space at Enzyme Office Spaces' newly launched centre in Bengaluru. The facility will house approximately 2,200 workstations, including meeting and collaboration areas, the company said in a statement. Located in Sarjapura Road, Enzyme Office Spaces' new 1,20,000 sq ft centre offers around 3,000 seats in total. Following the Vyapar lease, nearly 30,000 sq ft and 800 seats remain available for further leasing at the facility. 'This new space will enable us to scale rapidly while providing our growing team with a productive and inspiring work environment. Enzyme Office Spaces' ability to customize workspace solutions to our needs was a key factor in our decision,' said Sumit Agarwal, founder of Vyapar. 'We're thrilled to welcome Vyapar to our new Bengaluru centre. This deal reflects the increasing demand from digital-first companies for flexible yet dedicated office spaces. At Enzyme, we remain committed to delivering custom workspace solutions that enable high-growth companies to thrive,' said Ashish Agarwal, founder and CEO of Enzyme Office Spaces. The transaction was facilitated by Pat Michaels, a Bengaluru-based commercial real estate brokerage firm specializing in office, retail, land, and consulting services. This is the second major deal announced by Enzyme Office Spaces this year. In early 2025, SUGAR Cosmetics leased a 14,000 sq ft space comprising 300 seats at Enzyme's Andheri East centre in Mumbai. The space was leased from House of Hiranandani and fully occupied by SUGAR to serve as their corporate headquarters. Enzyme Office Spaces currently operates 32 centres across Bengaluru, Mumbai, Hyderabad, and Delhi-NCR, with a total footprint of 1.55 million sq ft and a seating capacity of 38,000. The company offers workspaces at a price range of ₹5,000 to ₹25,000 per desk, depending on location and configuration, it said.
India.com
21-05-2025
- Business
- India.com
446 flats bought for Rs 14680000000 in Noida by this man, but now will sell these apartments in…, will soon launch…, the man is…
AU Real Estate, a real estate development company, has purchased 446 flats for Rs 1,468 crore through an e-auction in a housing project by NBCC Limited in Noida. The company plans to sell these apartments in the open market. As per the direction of the Supreme Court, Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE) was formed to complete the stuck projects of the erstwhile Amrapali Group through NBCC (India). The state-owned firm was asked to complete 38,000 flats and hand them over to homebuyers. Last week, NBCC said in a regulatory filing that the company has sold 446 residential units in housing project 'Aspire Silicon City' at Sector-76, Noida, Uttar Pradesh, through an e-auction at a total sale value of Rs 1,467.93 crore. NBCC had not named the winner of the e-auction. AU Real Estate Director Ashish Agarwal confirmed the 'acquisition of selling rights for 446 units at Aspire Silicon Project from NBCC.' The total saleable area in this project is 13.85 lakh sq ft. The reserve price was Rs 10,500 per sq ft. AU Real Estate has bought at a slightly higher rate. He said the company will sell these apartments to end-users and investors at a higher price than the acquisition cost. Agarwal said the company will launch this project soon and will sell these units in a staggered manner. 'We have to pay the total bid amount of Rs 1,468 crore to NBCC in a staggered manner which is linked to progress in construction cost,' he said, adding that amount has to be paid to NBCC even if the company is unable to sell these units. The apartments will be allotted to prospective customers. NBCC is selling apartments in bulk to complete projects and repay debt. This project, spread over 8.5 acres, comprises about 600 units out of which NBCC has sold 446 flats through auction. NBCC has sold 4,470 units across five projects through e-auction for Rs 9,700 crore. Earlier, Gaurs Group, Mansan Builders and Happy Valley Infra bought flats through the electronic bidding process. AU Real Estate, which was established in 2022, is developing two projects in Delhi-NCR. (With Inputs From PTI)
The Print
20-05-2025
- Business
- The Print
AU Real Estate buys 446 flats in Noida for Rs 1468cr in NBCC's e-auction
Last week, NBCC said in a regulatory filing that the company has sold 446 residential units in housing project 'Aspire Silicon City' at Sector-76, Noida, Uttar Pradesh, through an e-auction at a total sale value of Rs 1,467.93 crore. As per the direction of the Supreme Court, Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE) was formed to complete the stuck projects of the erstwhile Amrapali Group through NBCC (India). The state-owned firm was asked to complete 38,000 flats and hand them over to homebuyers. New Delhi, May 19 (PTI) Realty firm AU Real Estate has acquired 446 flats in bulk through e-auction for Rs 1,468 crore in a housing project at Noida being developed by state-owned NBCC Ltd and the company will sell these apartments in open market. NBCC had not named the winner of the e-auction. When contacted, AU Real Estate Director Ashish Agarwal confirmed the 'acquisition of selling rights for 446 units at Aspire Silicon Project from NBCC.' The total saleable area in this project is 13.85 lakh sq ft. The reserve price was Rs 10,500 per sq ft. AU Real Estate has bought at a slightly higher rate. He said the company will sell these apartments to end-users and investors at a higher price than the acquisition cost. Agarwal said the company will launch this project soon and will sell these units in a staggered manner. 'We have to pay the total bid amount of Rs 1,468 crore to NBCC in a staggered manner which is linked to progress in construction cost,' he said, adding that amount has to be paid to NBCC even if the company is unable to sell these units. The apartments will be allotted to prospective customers. NBCC is selling apartments in bulk to complete projects and repayment of debt. This project, spread over 8.5 acres, comprises about 600 units out of which NBCC has sold 446 flats through auction. NBCC has sold 4,470 units across five projects through e-auction for Rs 9,700 crore. Earlier, Gaurs Group, Mansan Builders and Happy Valley Infra bought flats through the electronic bidding process. AU Real Estate, which was established in 2022, is developing two projects in Delhi-NCR. PTI MJH MJH MR This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
India Today
23-04-2025
- Business
- India Today
How co-working is redefining lifestyle beyond home and office
The last ten years have seen the lines between work, home, and social life gradually blur. A pandemic-era aberration became a permanent re-evaluation of where we live and how we live our lives. At the centre of this transformation stands an unlikely hero: the co-working space. No longer merely a functional space with Wi-Fi and espresso, the next generation of co-working spaces is becoming a "third space"—a fusion of work, well-being, and community that's redefining the contemporary spoke with Ashish Agarwal, Founder and CEO at Enzyme Office Spaces to get more TRANSATIONAL TO TRANSFORMATIONTraditionally, third spaces were cafes, libraries, and parks—neither home nor work, but where people shared connection, creativity, and a sense of community. Imagine wellness rooms, roof gardens, meditation pods, cold brew on tap, and even day care. They're not merely where work occurs; they're where life occurs. Co-working spaces have filled this purpose now, evolving from temporary desk rentals to cultivated experiences. Interior design has been playing at the forefront of this transformation. There's a deliberate softening occurring—textiles, acoustics, texture—all conspiring to calm overstimulated brains and invite elements, natural light, ergonomic chairs, and scent branding are now all part of the co-working DNA. The concept is to produce an area that feels less like a cold office and more like a isn't an add-on—it's the foundation. Wellness programming is now a standard feature in many co-working spaces: sound baths, breathwork classes, nap pods, and nutrition workshops are as ubiquitous as Monday model is indicative of a cultural shift towards self-care and boundaries—particularly with millennials and Gen Z. The message is resounding: your well-being isn't the price of productivity; it's the basis of presence of wellness isn't preformative; it's functional. In a 2024 Gensler report, workers who work in wellness-infused environments have 23% higher job satisfaction and 31% improved work-life A COMMUNITY IN A DISCONNECTED WORLDIn a time when remote work often equates to isolation, co-working spaces are stepping in as vital social ecosystems. These spaces intentionally foster a sense of community, through curated events, mentorship networks, member dinners, and shared rituals like morning coffee circles or Friday sense of belonging can be a powerful antidote to digital fatigue and professional burnout. It reintroduces the small, human moments—spontaneous chats in the kitchen, shared playlists, communal bulletin boards, that traditional offices often cities continue to evolve and hybrid work remains the norm, co-working spaces are uniquely positioned to be the infrastructure of a new lifestyle—one that's flexible, intentional, and deeply human. It's not just about where we work; it's about where we want to the end, the new third space isn't defined by square footage or slick branding. It's defined by how it makes people feel: grounded, energised, and connected. It's a quiet revolution—one that's transforming work into something far more expansive than a pay cheque.
