Friday, 3 October 2014

Vatika Business Centre augments its capacity by 30% across 3 Indian cities

  Centres to be simultaneously launched in New Delhi, Noida and Hyderabad

 Vatika Group also unveils study findings on “What constitutes a great Office?”

Vatika Business Centre

30th September, 2014; New Delhi: Vatika Business Centre, the largest Indian Business Centre Provider, is all set to augment its capacity by a further 30% addition across 3 Indian Cities. With its simultaneous opening of 3 new centres, with over 65,000 sq ft of fully furnished office space and around 750 more seats, Vatika Business Centre, a unit of Vatika Hotels, will have an undoubted lead over the competition in terms of seating capacity and giving instant solutions to various business needs.

Vatika Business Centre also unveiled the findings of a study on “What constitutes a great office?” The study showed great location and ease of increasing capacity were the two main concerns of an entrepreneur when he wants to open his office in a new city. The study was conducted over 20,000 respondents across 8 Indian Cities over a period of 3 months.

Vatika Business Centre already has 8 centres across Delhi-NCR, Pune, Hyderabad, Chennai, Bangalore, and Mumbai covering more than 2,00,000 sq. ft of space with 2,200 seats that it provides for Fully Furnished Shared Offices, Meeting Rooms and Virtual Offices with HD Video Conferencing, Secretarial Staff, Office Reception and Building Maintenance. The services are being utilized by companies including Ralph Lauren, Johnson & Johnson, Boston Scientific, HBO, The Hindu, Renault, Edifecs etc.

Amongst the 3 new centres, the centre at Noida occupies 21,500 sq ft area offering 270 seats in various combinations ranging from single seater to 15 seaters, 3 meeting rooms and a conference room, encompassing the entire 1st floor of Tower 4 Building of Blue Silicon at Business Park, Sector 62, Noida. The vastu compliant architecture is a Pre Certified LEED Gold Rated building which makes it an energy efficient building designed with 100% LED lights.  

Vatika Business Centre launched at Hyderabad covers 24,000sq. ft of prime commercial space in High Tech City and offers 257 seats in various combinations upto 20 seater suites, 9 meeting rooms besides a conference room. In addition, it will offer virtual office space packages.

The Business Centre in New Delhi where the study “What constitutes a great office?” was unveiled is at Connaught Place. Konnectus Building, housing the starting terminus of Airport Metro and just opposite New Delhi Railway Station (Ajmeri Gate side), is an exceptionally designed commercial space in the heart of the city. The centre occupies 20,000 sq. ft and offers 189 seats in the form of 4 meeting rooms and 22 suites in various capacities upto 20 seater. All the essential fire safety measures including highly developed range of services and productscomplying with the British standards 6724 & NFPA 70 are installed in the premises and performed to the standard.

Vatika Business Centre also unveiled the findings of Study titled “What constitutes a great office?”. The study was initially designed to internally help strategize and implement top-notch facilities and customized solutions to create a professional environment conducive to the growth of business. But after understanding its value VBC has decided to make it an annual feature which will help other businesses like real estate and facilities management.

Some of the answers were as follows:
1.        What is the most important feature when opening your next office? : 1)Location –29%; 2)Ease of expansion –17%; 3)Connectivity –14%; 4)Rent –11%; 5)Prestigious Building –7%; 6)Interiors –7%; etc
2.       What were the problems you encountered in current office? : 1)Establishment & Equipment –28%; 2)Maintenance –16%; 3)Finding Vendors –15%; 4)IT & Networking –15%; 5)Parking –7%; etc
3.       What are your biggest fears regarding your office? : 1) Theft –28%; 2)Equipment breakdown –23%; 3) Law & Order Unrest –15%; 4)IT & Networking -13%; 5)Electricity breakdown –10%; etc
4.       Which employee’s absence disturbs you most? : 1)Top Management –15%; 2)Secretarial –15%; 3)Services –13%; 4)Managerial –11%; 5)Accounts –10%; 6)Legal –10%; 7)IT & Networking –7%; etc
5.       What more do you want in your office? : 1)Conference Rooms –23%; 2)Pantry/Food Courts –15%; 3)Better Designed Chairs and Tables –13%; 4)IT Services –12%; 5)Recreational Areas –10%; 6)Gym/Spa Facilities –7%; 7)Janitorial Services –7%; etc

Mr. Vineet Taing, President Hospitality, Vatika Group, said while launching the three Business Centres, “Vatika Group envisages opening between 5 to 7 new business centres every year. We are open to all formats of opening new business centres either on owned/lease spaces or signing management contracts to achieve our aim of managing 42 centres in India in next 5 years. For the same, we are securing an investment of around 200 crores with the aim of touching annual turnover of around 250 crores within 5 years. Presently, Vatika Business Centre has a 90% average occupancy, which I will attribute to our ergonomically designed spaces and fit outs, our services, our warmth, personalized attention, the locations and the buildings therein.”

About Vatika Business Centre:
Vatika Business Centre is the leading Indian provider of fully furnished serviced office solutions, with ergonomically designed state-of-the-art workstations, fully equipped meeting rooms and the flexibility of the virtual office format. Vatika Business Centre offers customized business infrastructure to a varying sizes of companies, ranging from start-ups and SMEs to large multinational corporations.

Vatika Business Centre is prominently located in the key business hubs of 8 major Indian cities, with 12 centres spread across New Delhi, Gurgaon, Noida, Mumbai, Bengaluru, Chennai, Hyderabad and Pune in over 250,000 sq ft and 2,700 seating opportunities. Vatika Business Centre enables businesses to operate out of prime business addresses, matches needs for meetings, trade events and conferences and provides the flexibility of listing in more than one city across the country through the Virtual Office club. The highly trained and well-groomed professional staff ensures environment conducive to productive business interactions and overall administrative infrastructure for day-to-day corporate dealings.  VBC envisages opening 6 business centres every year and is keenly looking forward to its business centres to excel beyond the envisaged vision. Moving on this track, VBC shall reach its aim of having 42 centres at PAN India in another 5 years span with an investment of around 200 crores in this segment.
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