Quest Coworks Acquires ₹55.84 Crore Office Space in Mumbai's Andheri (East)
Quest Coworks Private Limited has made a significant acquisition in Mumbai's Andheri (East) by purchasing over 57,500 sq ft of office space for a total consideration of ₹55.84 crore, according to property registration documents accessed by CRE Matrix.
Key Highlights:
- 57,500 sq ft of office space acquired in Andheri (East) for ₹55.84 crore
- Seller: Capgemini Technology Services India Limited
- Transaction date: March 16, 2026
- Cumulative stamp duty payment: ₹3.58 crore
Office Space Details:
- Five office units with unit sizes ranging from 10,500 sq ft to 11,885 sq ft
- Deal values ranging from ₹10.18 crore to ₹11.52 crore
- 51 car parking spaces included in the transaction
According to Quest Coworks' Founder, Prasad Shinde, "This acquisition is a significant milestone in our Mumbai growth story. We already operate an established coworking center in Andheri, and this new asset will allow us to meaningfully expand our footprint in the micro-market."
Shinde added, "Andheri East remains one of the most sought-after business districts in the city, and we believe this is the right time to deepen our presence here. This acquisition reflects Quest Coworks' broader strategy of owning and operating premium commercial assets, rather than purely leasing, giving us greater control over the quality and long-term value we deliver to our clients."