Vaishnavi Group leases out nearly half of its premium office space in Vaishnavi Silicon Terraces to AON and House of Brands Mensa

Bengaluru, twenty second August 2023: South India’s main actual property developer, Vaishnavi Group, introduced the leasing of nearly half of its prime office space to skilled companies supplier Aon and House of Brands Mensa at Vaishnavi Silicon terraces because it goals to strengthen its place as the popular developer for occupiers in Bengaluru. Aon joins the rising listing of marquee occupiers throughout classes similar to Navi Technologies and Smartworks taking on premium office areas at Vaishnavi’s state-of-the-art industrial properties in Bengaluru.

Vaishnavi Silicon Terraces, which is unfold throughout 1.10 sq. toes, is located in the guts of Bengaluru in Koramangala with 3 blocks in a floor +3 Upper Floors format. The area is a bustling hub for brand spanking new age corporations and provides an ideal combine of prime location, glorious connectivity, a wholesome availability of residential models close by and a formidable social infrastructure, making it a vacation spot of selection for employee-friendly corporations. This new-age office takes a holistic method with worker well-being on the centre of design. With the demand for Grade A properties with environment friendly space planning and engaging facilities growing, Vaishnavi Group has renovated the façade of the industrial space to make it extra engaging for occupiers as staff return to work-from-office.

Commenting on the event, Kishan Govindaraju, Director, Vaishnavi Group mentioned, “As one of the main actual property builders in the nation, Vaishnavi Group has established itself as the popular associate for occupiers throughout the worth chain. Our state-of-the-art industrial areas supply thoughtfully designed environment friendly flooring space with facilities, which improve the general satisfaction rating of occupiers. Owing to the rising demand for office areas in main and secondary enterprise districts, we’ve renovated Vaishnavi Silicon Terraces in Koramangala to entice new age occupiers and we’re delighted to welcome Aon and Mensa who’ve taken up nearly half of our premium office space. This is a testomony to our dedication to our occupiers and buyers as their companions in progress”.

Vaishnavi presently has over 10 million sq. toes of industrial and residential growth in totally different levels of growth.

According to worldwide property advisor Cushman and Wakefield, India’s office market throughout the highest seven cities (Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Kolkata,

and Pune) recorded a web absorption of 38.25 million sq. toes in 2022, hitting a three-year excessive. This comes on the again of growing influx of investments from overseas and home corporations to spur progress in the world’s quickest rising market. With 25 years of expertise in creating high quality actual property, Vaishnavi Group has been the popular associate for corporations wanting to increase their presence in India’s Silicon Valley. In the final 12 months alone, it has leased 1.5 million sq. toes of industrial areas to marquee occupiers.