Nukleus Office Solutions Limited Expands Footprint with New Commercial Lease in Gurugram
Nukleus Office Solutions Limited has entered into a lease agreement to secure commercial office space at First India Place, Gurugram, Haryana. The acquisition is intended to facilitate the expansion of the company's managed office and co-working business operations.The leased property comprises the entire 4th Floor of Block C, situated on Mehrauli-Gurgaon Road, Sector-28, Gurugram. This strategic move aligns with the company’s broader growth strategy to strengthen its presence in key commercial markets and enhance its managed workspace portfolio.
The agreement was executed with Vahana Asset Management Services Private Limited as the lessor, while Vatika Limited serves as the confirming party and developer. The transaction does not involve any related party interests or promoter group affiliations.
Lease Agreement Overview
| Particulars | Details |
|---|---|
| Lessor | Vahana Asset Management Services Private Limited |
| Confirming Party and Developer | Vatika Limited |
| Property Location | 4th Floor, Block C, First India Place, Mehrauli-Gurgaon Road, Sector-28, Gurugram, Haryana |
| Purpose of Agreement | Expansion of managed office and co-working operations |
| Consideration Nature | Monthly lease rentals, refundable security deposit, maintenance charges, and other applicable charges as per the Lease Deed |
| Related Party Transaction | No |
| Industry Category | Real Estate - Leasing of Commercial Office Space |
The lease agreement is set to become effective from the Lease Commencement Date as specified within the deed. The company maintains no shareholding in the entity with which the agreement was executed.
Stock Price Movement
Nukleus Office Solutions Ltd settled at ₹221.70 on Wednesday, sliding 0.54% lower. The shares fluctuated between a low of ₹221.70 and a high of ₹222.00 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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