Occupancy · 01

Portfolio position

One hundred basis points is ₹29 crore a year. The console opens on the only number that matters, and on the arithmetic that turns it into money. Everything else on this build exists to move it.

Operational desks

3,595

Across 24 centres in 8 cities

Portfolio occupancy

85.0%

▲ 840 bps year on year

Mature centres run roughly 250 bps ahead

Desks unoccupied

539

On any given day, already paid for

Desks opening this year

1,290

Dilutive to the ratio until they fill

The arithmetic

Why one point of occupancy matters more than any other lever

100 bps of occupancy

desks

At assumed realisation

₹0.0 cr

per month

Annualised

₹0.4 cr

per year, per point

Contribution

Near full

lease, fit-out and community team already paid for

No other lever in this business converts to margin as directly. And with capacity rising toward 155,000 desks, the same point of occupancy is worth more next year than it is today. A desk empty today is revenue that is not recoverable tomorrow.

Centre ledger, month by month

Slide the month, switch the lens — the chart and the KPIs below recompute

MonthSep

Sep average occupancy

84.4%

Across 24 centres

Sep revenue

₹72.0 cr

All centres, this month

Sep notices served

Written notice received

Sep move-ins

Signed and dated

97.6%

CC&Co. Wagle Estate

92.8%

CC&Co. Wakad

91.6%

CC&Co. Baner

90.6%

CC&Co. Aundh

88.7%

CC&Co. Dharampeth

87.6%

CC&Co. Civil Lines

87.0%

CC&Co. Lower Parel

87.0%

CC&Co. Kawala Naka

86.8%

CC&Co. Kharadi

86.6%

CC&Co. Ghodbunder Road

Centre ledger, all months

Every centre, every month loaded in this build

144 of 144


CC&Co. Pimpri	Pimpri-Chinchwad	Jul	74.2%	₹3.1 cr	5	8
CC&Co. Pimpri	Pimpri-Chinchwad	Sep	74.2%	₹3.1 cr	1	0
CC&Co. Shivajinagar	Pune	Apr	74.3%	₹4.4 cr	6	8
CC&Co. College Road	Nashik	Sep	74.4%	₹2.3 cr	5	1
CC&Co. Pimpri	Pimpri-Chinchwad	Jun	74.7%	₹3.1 cr	6	7
CC&Co. College Road	Nashik	Apr	74.7%	₹2.4 cr	2	1
CC&Co. College Road	Nashik	Aug	74.9%	₹2.4 cr	6	8
CC&Co. Pimpri	Pimpri-Chinchwad	Aug	75.1%	₹3.2 cr	3	2
CC&Co. Pimpri	Pimpri-Chinchwad	May	75.3%	₹3.2 cr	0	6
CC&Co. College Road	Nashik	Jun	75.4%	₹2.4 cr	6	8
CC&Co. Belapur	Navi Mumbai	Aug	75.4%	₹2.5 cr	6	8
CC&Co. Shivajinagar	Pune	May	75.5%	₹4.4 cr	1	7

Occupancy by city

Current occupancy, forecast and empty desks

City	Centres	Desks	Occupancy	Forecast 90d	Move	Empty desks
Pune	10	1,450	86.4%	88.1%	+170 bps	197
Mumbai	2	285	84.1%	85.2%	+110 bps	45
Pimpri-Chinchwad	2	380	87.2%	88.6%	+140 bps	49
Nashik	2	345	83.4%	84.5%	+110 bps	57
Nagpur	2	310	82.6%	83.8%	+120 bps	54
Thane	2	360	88.1%	89.2%	+110 bps	43
Navi Mumbai	2	220	80.2%	82.6%	+240 bps	44
Kolhapur	2	245	79.4%	81.9%	+250 bps	50

Read this column firstKolhapur and Navi Mumbai sit 500 to 900 basis points below portfolio. Between them that is 2,331 empty desks in the two smallest cities. The same effort spent there moves the portfolio number more than anywhere else, because the base is thin and the headroom is wide.

Exceptions, last 30 days

A decision waiting to be taken

Live

Kharadi is the only micro-market where unserved demand exceeds what inventory can absorb

318 live requirements could not be served against 940 empty desks, but 214 of those requirements asked for 30 plus contiguous seats which no Kharadi centre can offer.

Route to expansion pipeline

Truss Engineering is marked Healthy and toured a competitor last week

28 desks at CC&Co. Wakad, renewal in 23 days. Verified intent on the renewal call is exit. Community manager rating has not changed in six weeks.

Escalate to centre lead

Aggregator portal enquiries take 22 minutes to first response

412 enquiries in the window at a 16 per cent win rate, the lowest in the channel set. Response time is the variable that moves it.

Point the agent at the portal queue

CC&Co. Wakad has been open 14 months and is 771 basis points below target occupancy

At the current fill rate it reaches 85 per cent in three months. 858 desks are carrying full lease and fit-out cost in the meantime.

Pre-launch demand file

A 62 desk requirement in Nashik carries an open winding up petition

Vantage Grid Energy, ₹86.2 cr filed revenue and PE backed, so it clears every scale test. Two charges are open with lenders and an operational creditor petition filed in 2025 is still pending. Standard terms were about to be quoted.

Refer to credit committee

Verified closure runs roughly 30 points below reported closure across the growth centres

Across the five newest centres, members said on callback that the issue had recurred or was never resolved in roughly a third of closed tickets. Parking and air conditioning account for most of it.

Facilities review

This feed replaces a list of latest enquiries. An enquiry log is a record. An exception is a decision waiting to be taken.