Self Storage India, which operates six facilities, has completed the first of four new sites it plans to open this year within the country’s National Capital Region (NCR). SelfStorage - Honda Chowk on National Highway 8 in Gurugram, Haryana, currently contains 100 units but will be expanded to 400 over the next year. It’ll also serve the communities of Faridabad, Manesar and New Delhi, according to a press release.
“While demand has grown steadily over the last few years, the COVID-19 era seems to have acutely raised awareness about quality of living and working spaces. As a result, interest in our services exploded in Q2 2020,” said Dr. Manjali Khosla, CEO and co-founder.
The company expanded its facility in the Udyog Vihar industrial estate in Gurugram last fall. “The additional capacity was sold out within just 30 days of launch, leaving us with a long waiting list, which will partially be fulfilled with our new Honda Chowk facility online,” Khosla said.
Self Storage India also plans to expand two existing properties within the NCR this year. “At the end of 2021, we would have doubled capacity each year for the last three consecutive years,” Khosla said.
Founded in 2013, Self Storage India operates three facilities in Delhi, two in Gurugram and one in Noida. The company is a subsidiary of Dynamic Group, which operates in several industries, including construction, human resources and software development.
PR Newswire, Self Storage India to Launch First of Four New NCR Facilities on 1st February 2021