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NEWS

28
Jun
2017

NSDC leases 60,000 sq ft office space in New Delhi Aerocity

NSDC has picked up the office space in Worldmark 1, a mixed-use project of Bharti Realty The National Skill Development Corporation (NSDC), a central government body, has picked up nearly 60,000 sq ft of office space in New Delhi Aerocity on lease. The total tenure of the said lease is 9 years, including a rental reset clause for every three years, said two persons familiar with the development. NSDC has picked up the office space in Worldmark 1, a mixed-use project of Bharti Realty. While the rentals for this transaction could not be ascertained, the ongoing rates in the vicinity are in the range of Rs 180-210 per sq ft. “The deal was concluded recently and National Skill Development Corporation has already started the fitouts in this new office. It is expected to start operations from this space over the next couple of months,” said one of the persons mentioned above. NSDC is planning to shift to this new office that will house its headquarters by the second week of July, an NSDC spokesperson said in response to ET’s query. He also added that NSDC has one office in Delhi at Clarion Collection. The entire office will move to the new office in Aerocity.
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