Nukleus Office Solutions Secures Letters of Intent for 75,000 sq. ft. Commercial Space in Noida
Nukleus Office Solutions Limited, formerly known as Nukleus Office Solutions Private Limited, has executed binding Letters of Intent (LOIs) for leasing extensive commercial office spaces at Okaya Centre, Sector 62, Noida, Uttar Pradesh. This expansion move is part of the company's strategy to strengthen its presence in prime commercial areas and scale its managed office and co-working business operations.The company formalized two distinct LOIs for the leasing agreements. The first binding LOI was dated May 04, 2026, covering an area of approximately 25,000 sq. ft. super area on the 4th Floor of Tower 1. The second binding LOI, dated May 05, 2026, covers an additional approximately 50,000 sq. ft. super area across the 3rd and 4th Floors of Tower 3.
These agreements are being entered into with OESPL Private Limited to secure commercial office spaces aggregating approximately 75,000 sq. ft. The purpose of the lease is to support the expansion of Nukleus Office Solutions' managed office and co-working operations.
The key details regarding the leasing agreement are summarized below:
| Detail | Description |
|---|---|
| Total Area | Approximately 75,000 sq. ft. (25,000 sq. ft. at Tower 1 and 50,000 sq. ft. at Tower 3) |
| Lease Tenure | 5 years with renewal option |
| Parking Facilities | Specified car parking spaces along with additional parking rights subject to agreed terms |
| Consideration | Monthly lease rentals, refundable security deposits, maintenance charges, and other applicable charges. |
Nukleus Office Solutions confirmed that the agreements do not involve related party transactions, nor does the promoter/promoter group/group companies hold any interest in the entity with whom the agreement is executed. The industry associated with the leasing of commercial office space is Real Estate.
The definitive Lease Deeds are expected to be executed subsequently based on the agreed terms. This acquisition further aligns with the company’s operational goal of strengthening its footprint in premium commercial locations.
Stock Price Movement
As of 10:31, Nukleus Office Solutions Ltd shares are trading completely flat at ₹209.00, recording zero change for the day so far. The stock remains locked entirely at the ₹209.00 level, indicating absolutely no movement across the intraday range.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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