Nukleus Office Solutions Signs LOI for New Co-working Centre at SkymarkOne, Noida
Nukleus Office Solutions Limited has signed a Letter of Intent with Dwellings Star Developers for a new co-working centre at SkymarkOne, Sector-98, Noida, covering 32,000 sq ft of premium commercial space on the 7th floor with exclusive terrace access. The 9-year lease agreement is set to commence on May 1, 2026, as part of the company's strategic expansion in high-growth NCR micro-markets.

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Nukleus Office Solutions Limited has announced the execution of a Letter of Intent (LOI) with M/s. Dwellings Star Developers Private Limited for establishing a new co-working centre at Tower-E, SkymarkOne, Plot No. H-10/A, Sector-98, Noida, Uttar Pradesh. The company disclosed this development in compliance with Regulation 30 of the SEBI Listing Regulations on February 28, 2026.
Premium Commercial Space Acquisition
The new facility will occupy the entire 7th floor including terrace area with exclusive usage rights at SkymarkOne, representing a strategic expansion in the National Capital Region. The space specifications demonstrate the scope of this commercial undertaking:
| Parameter: | Details |
|---|---|
| Location: | Tower-E, SkymarkOne, Plot No. H-10/A, Sector-98, Noida |
| Super Area: | Approx. 32,000 Sq. Ft. |
| Floor: | 7th Floor (inclusive of terrace area) |
| Lease Tenure: | 9 years |
| Lease Commencement: | May 1, 2026 |
| Premises Type: | Premium commercial office space |
Strategic Expansion Initiative
This acquisition forms part of Nukleus's strategy to expand its enterprise-grade managed workspace portfolio in prime commercial locations. The company specifically identified this expansion as aligned with strengthening its presence in key high-growth micro-markets within NCR and enhancing its managed workspace portfolio.
The facility represents a focused approach to capturing the growing demand for flexible workspaces in the Noida market. The structured lease arrangement with a May 2026 commencement provides a clear timeline for operational planning over the 9-year tenure.
Implementation Timeline and Conditions
The Letter of Intent establishes the foundation for this expansion, though several conditions must be fulfilled before final implementation. The agreement remains subject to:
- Execution of detailed Sub Lease Deed
- Finalization of other definitive agreements
- Completion of standard due diligence processes
These commercial prerequisites ensure all parties can proceed with confidence once technical and legal requirements are satisfied.
Market Positioning
The SkymarkOne location in Sector-98 represents a strategic choice for Nukleus's expansion plans. This area serves as an emerging commercial hub within Noida, offering modern infrastructure that supports enterprise-grade workspace requirements. The premium nature of the 7th floor space with exclusive terrace access provides the company with high-quality facilities to serve its target market segment.
This development reinforces Nukleus Office Solutions' commitment to expanding its footprint in key metropolitan markets while maintaining focus on flexible workspace solutions for enterprise clients in the co-working and managed office sector.
Source: None/Company/INE0VYX01018/970c12fb-cea0-4562-b3b8-e8b473a7d569.pdf
Historical Stock Returns for Nukleus Office solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.44% | -2.44% | +2.04% | +20.48% | +16.86% | +1.76% |
































