Awfis Accelerates Growth with MA-Focused Approach, 3.9 Lakh Sq Ft Expansion in the Works.

Awfis Space Solutions Ltd is ramping up its expansion strategy with approximately 3.9 lakh sq. ft. of advanced managed aggregation (MA) deals, aiming for asset-light growth in the coming years, according to Chairman and Managing Director Amit Ramani.

The expansion pipeline is scheduled across fiscal 2027 and 2028, starting with 93,000 sq. ft. in Q3 FY27, followed by three centres in Q4 FY27 covering 62,000 sq. ft. Growth is set to continue into FY28, with two centres totalling 77,000 sq. ft. in Q1, a 1.17 lakh sq. ft. facility in Q2, and another 26,000 sq. ft. centre in Q4.

The company is deliberately prioritising MA deals over conventional leases, with a 65-35 split between managed aggregation and straight lease properties. Ramani said this approach allows Awfis to remain largely asset-light while generating high returns on capital employed.

The strategy reflects the company’s focus on scalable, flexible workspace solutions that can quickly adapt to market demand, positioning Awfis for sustainable growth in India’s co-working sector.