IWG has secured new franchise partners in Rajasthan and Punjab based out of Jaipur and Mohali, to meet the growing demand for flexible workspaces in Tier 2 cities. Partnering with franchise partners is central to IWG’s strategy to scale up to meet the burgeoning demand for flexible, local office spaces as companies of all sizes embrace hybrid work patterns. New workspaces to offer more than 150 seats per centre of an approximate area of 10000 sq. ft.
Highlighting the expansion, Harsh Lambah, Country Manager India, Vice President Sales, South Asia said, “We are excited about expanding into Rajasthan and Punjab, two of north India’s most important regional business hubs. Our franchise model offers partners the unique opportunity to make an attractive, high-yield investment that combines the know-how of the market leader along with deep-rooted local expertise. JaipurBulls and Hand Group, two rapidly growing business conglomerates with diversified interests in these two regions are ideal partners to expand our footprint in these regions.”
“Businesses ranging from big corporates to small start-ups are turning to flexible workspaces to adopt the hybrid model of working. Partnering with IWG with its industry leading brands including Regus and Spaces was the obvious choice as they are, in addition to being a trusted brand globally, also the fastest growing flexible workspace provider in the country. This partnership is a step forward in meeting the growing flexible workspace demand in Rajasthan,” said Mr. Gaurav Sharma, Executive Director, JaipurBulls.
Aditya Gupta, MD, HAND Group said, “We are excited to partner with IWG, a global leader in flexible workspaces, as we are witnessing a surge in the demand for flexible spaces in suburban markets. Companies are leaning towards a more employee centric approach and are implementing a slew of workspace concepts that ensure employee satisfaction, enhance productivity and reduce commuting. Our partnership with IWG will go a long way in addressing this growing demand.”
Recently, IWG announced a record start to 2021, adding a million users to its network including penning the largest ever deal with NTT, Nippon Telegraph and Telephone Corporation. The deal will provide NTT’s 300,000 employees with access to more than 3,500 IWG workspaces, globally.
Regus now offers franchisees an opportunity to support and develop their property investment portfolio – offering a choice of office styles and products. The locations opened are typically no smaller than 10,000 square feet either in stand-alone or multi-let buildings with over 130 workstations. With only one or two people needed for oversight, day-to-day business management is easier, while still providing 24/7 client support.
Ideal IWG franchise partners must have the ability to operate and grow within a branded framework and open multiple centres across the contracted territory over a two-to-five-year period. The opportunity suits a range of businesses, from seasoned franchise professionals and entrepreneurs to building-owners and investor partners.
About IWG PLC
IWG is leading the workspace revolution. Our companies help millions of people and their businesses to work more productively. We do so by providing a choice of professional, inspiring and collaborative workspaces, communities and services.
Digitalization and new technologies are transforming the world of work. People want the personal productivity benefits of living and working how and where they want. Businesses want the financial and strategic benefits. Our customers are start-ups, small and medium-sized enterprises, and large multinationals. With unique business goals, people and aspirations. They want workspaces and communities to match their needs. They want choice.
Through our companies we provide that choice, and serve the whole world of work: Regus, Spaces, HQ and Signature. We create personal, financial, and strategic value for businesses of every size. From some of the most exciting companies and well-known organizations on the planet, to individuals and the next generation of industry leaders. All of them harness the power of flexible working to increase their productivity, efficiency, agility, and market proximity. Join us at franchise.iwgplc.com
About JaipurBulls
JaipurBulls offers an advanced and innovative approach towards real estate and how to market, lease and sell property using new and progressive marketing platforms and methods, particularly within the ever-expanding digital era for its domestic and international clients.
With a client portfolio that comprises of the who’s who in real estate industry like R-Tech, Okay Plus, Ashadeep, Anukampa, Bhumika, Mangalam, Mahima, Verdhaman, Kotecha, Platinum, Kedia, Sanklap and many more, JaipurBulls has become the leading company that not just sells but provides end to end solutions for its investors.
The company has a global vision to promote India as a safe and stable real estate investment destination, JaipurBulls has already set its eyes on the Middle East, South East Asia, US and European markets.
Today the company is present in 18 cities across Rajasthan and possesses a diversified product portfolio that includes Hi-Tech Townships, High Rise apartments, Town Houses, Condos, Shopping Malls, Office/Retail Spaces and Hotels.
Where others measure their growth on an annual basis, JaipurBulls is growing at an average rate of 35% per month and plans to achieve 200 cr in revenues by the end of 2021. JaipurBulls has a portfolio of projects worth INR 8000 Crore.***
About HAND Group
As a young and dynamic company, the HAND Group is ushering in new paradigms in the real estate sector. With firmly entrenched business verticals in logistics, hotels and hospitality, the real estate arm is foraying into residential and commercial spheres. In a digital borderless world of today, it is moving with the agility of youth to deliver on changing client aspirations and expectations. As a company with global aspirations, it brings best-in-industry practices to catapult each offering to a global level. This attitude of sharp thinking and even faster implementation has brought the company a blue-chip roster of clients that includes Playboy Beer Garden, CoCo co-living spaces, Fortune Hotels and Regus co-working. With 1.2 million sq. feet under development and a slew of new projects, the company has expanded its footprint to five townships in India. Its diversified product portfolio includes Himalayan Villas, Ultra Modern Highrise apartments, Town Houses, Shopping Malls, Office/Retail Spaces and Hotels. With significant investments across North India, the HAND Group is poised to drive a success story through India’s high urbanization growth rate, growing IT and Pharma sector and increase in working women population.