News: Executive Centre Leases 1.14 Lakh Sq Ft at Worldmark 6-11-07-2026
Flexible workspace operator Executive Centre India Ltd has leased more than 1.14 lakh sq ft at Worldmark 6 in Delhi’s Aerocity, with rent over the nine-year term estimated at around Rs 309 crore, according to property registration documents accessed by Propstack.
The lease with Alborz Developers Ltd covers the whole seventh floor. The registered agreement records a carpet area of 80,001 sq ft and a chargeable area of 1,14,954 sq ft.
It commenced on March 26, 2026, at a monthly rent of approximately Rs 2.47 crore, or Rs 215 per sq ft per month. Rent rises 15% every three years. Executive Centre has paid a security deposit of Rs 14.83 crore, the documents show.
The deal includes 115 car parking spaces at Rs 6,000 per car a month, with additional spaces at Rs 7,000 monthly. The company will also get three to four two-wheeler spots for every car space, subject to availability.
An email query has been sent to Executive Centre India Ltd and Alborz Developers Ltd.
In June 2026, Hindustan Times Real Estate reported that Hero MotoCorp Ltd and WeWork India Management Ltd had separately leased nearly 3.5 lakh sq ft in the same building from Alborz Developers Ltd, a Bharti Group entity. Those leases, both starting March 1, 2026, run nine years for Hero MotoCorp and 10 years for WeWork India, with combined rental outgo estimated at Rs 922.3 crore, according to documents accessed by Propstack.
In May 2026, WeWork India announced a 1.1 lakh sq ft centre on the third floor of Worldmark 6 with more than 1,400 desks, its 17th in Delhi-NCR. The company said Aerocity has become a preferred destination for multinational corporations because of its proximity to Indira Gandhi International Airport and transit links.
