MQDC India Invests Over $1.3 Million in New Co-Working Space in Gurugram


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    MQDC India, the Indian arm of Thailand’s Magnolia Quality Development Corporation (MQDC), is making a significant investment of over Rs 10 crore to launch their second co-working facility, Whizdom Club India, strategically located on Golf Course Road in Gurugram. This move underscores the increasing demand for flexible office spaces in the Indian market and signals MQDC India’s dedication to providing innovative workspace solutions in the country.

    The Grand Unveiling: Whizdom Club India

    The Whizdom Club India co-working space spans an impressive 42,000 square feet and has been meticulously designed to cater to the needs of over 450 professionals. This remarkable facility sets new standards in the co-working sector, seamlessly blending aesthetics, functionality, and a commitment to fostering a productive work environment for modern Indian professionals.

    Projected Occupancy

    MQDC India is optimistic about Whizdom Club India’s prospects, with an expected occupancy rate of 20-30% within the next 1-2 months. This projection speaks volumes about the burgeoning demand for adaptable and collaborative workspace solutions in Gurugram and its neighboring regions.

    A Vision for the Future

    MQDC India’s vision extends far beyond Whizdom Club India. Over the next three years, the company has ambitious plans to establish 4-5 additional co-working centers, with a particular emphasis on expanding within the Delhi-NCR region. This expansion is a testament to the company’s commitment to providing high-quality co-working spaces and contributing to the ever-evolving landscape of workspaces in India.

    Gurugram: The Starting Point for Success

    Chulamas Jitpatima, the Country Director of MQDC India, offered insights into the company’s strategic approach. She explained, “Following the Gurugram launch, we are exploring the development of additional intra-city centers and evaluating various asset classes for large-scale property developments.” This statement underscores MQDC India’s intention to diversify its portfolio and invest in different types of property developments while simultaneously introducing the co-working concept to various locations within the city.

    Also Read: The Yamuna Expressway Authority Plans to Release 2,000 More Plots Following the Success of a Previous Scheme


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