ALTF To Open 1500-seat Workspace in Okhla

New Delhi, November 20, 2023: AltF Coworking, will inaugurate its three floors of prime co-working space in Okhla, New Delhi. AltF Coworking will open its doors in Okhla, situated near to NSIC Okhla Metro Station, on 1st December 2023. 

The new facility occupies an area of over 50,000 square feet, with 1500 total seats. It offers the members to choose from a range of seating options, including private seats, four-seater and nine-seater meeting rooms, one ten- seater conference room, ample parking space, and a spacious 60-seater ALTF signature cafe. The facility provides start-ups, entrepreneurs to choose from private seats, dedicated desks, and well-equipped meeting rooms, ensuring utility and adaptability for every business requirement.

ALTF is aiming to raise $1-2M in Q1 2024. The funding will help in acquiring more properties, key partnerships and brand building as ALTF will start expanding to PAN India from next year.

Yogesh Arora, Co-Founder of AltF Coworking, expressed his enthusiasm about the launch, and highlighting the future plans, said, “We are thrilled to introduce these cutting-edge coworking spaces that combine aesthetics and functionality. We plan to take our operations pan India in 2024. We are expanding our presence in Hyderabad and Pune markets, while also strengthening our presence in Delhi NCR parallelly. Our expansion principle is based on monopolizing one city at a time and then moving on to the next city, as compared to focusing on launching 2-3 properties in each city and increasing national geographical presence. We think aggressively expanding in Tier 2 – Tier 3 cities might be a challenge at this stage as the markets are still not as mature.

However, mature Tier 1 cities, at the same time, are highly competitive and have higher barriers to entry. Hence, we have narrowed down our expansion plan to growing tier 1 cities like Hyderabad and Pune.”