Why are MNCs Driving High Demand for Office Spaces in India?

Categories : Business Centre, office space, Serviced Office

For over a decade the office space segment in India has undergone massive transformation. The trend has been shifted to flexible workspaces in place of leased spaces. With their vibrant ambience and a host of services without the hassle of long-term leasing commitments, flexible workspaces have become a full-grown segment in the Indian real estate market. Being home to several indigenous corporates & startups flexible workspaces have also become a rewarding avenue for the establishment of multinational companies in India.
As per CBRE’s Asia Pacific’s 2017 Occupier Survey, 64% of multinational occupiers plan to use some form of third party office solutions by 2020. Evidently multinational companies are betting heavily on flexible office spaces in India as a convenient mode of their business establishment. Let’s take a look at the key drivers for the increasing demand of office spaces in India: Continue reading “Why are MNCs Driving High Demand for Office Spaces in India?”

5 Cost-saving Factors of Serviced Offices

Categories : Serviced Office

Finding and renting an office space is a cumbersome process. Pulling off a huge upfront investment, signing a long lease agreement and arranging for fit-outs is a formidable task. This is why more and more corporates are turning to a cost-effective & convenient solution like serviced offices. With short-term leases, premium fitments, and expenses to be borne on ‘per desk’ basis; ready-to-move serviced offices are becoming the preferred choice for corporates.

However, there is more to it. Serviced offices are not only a convenient workspace solution but are also easy on the budget. Here is how serviced offices enable you shed less money than you would do in a leased office space:
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4 Important Perspectives to Decide the Right Brand Name

Categories : Business Centre, Serviced Office

Deciding a brand name is one of the most important decisions you need to make. It has a strong impact on how your employees, clients, customers, and investors view your business. Your brand name will speak volumes about your business acumen and understanding of the market you are going to enter. If you get it right, you have taken the first vital step towards successful business positioning. So, before you merely combine names of your family members and create a word that doesn’t make sense or try resembling a popular brand name, here are four crucial perspectives to consider:
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Cut the Coffee Shop Clamor. Choose Meeting Rooms.

Categories : Business Centre, Meeting Room

A few things are better kept in their original form and one of those is the places where meetings are held. Many meetings take place at coffee shops or restaurants. However, they do not necessarily provide an appropriate environment for business discussions. Not having an office space is a constraint; client being far away from your office is another. However, a professional ambience is a vital constituent to successful meetings. Even when you travel to other cities, meeting at a popular coffee shop is never a good idea. The solution – book meeting rooms on the go!

Here are some factors that reflect how choosing meeting rooms over coffee shops puts you at an absolute advantage.
Continue reading “Cut the Coffee Shop Clamor. Choose Meeting Rooms.”

The Advancing Footsteps of IoT in Business Centres

Categories : Business Centre

IoT in business centres has brought a defining change in the way businesses function. From streamlining routine tasks & increasing workplace productivity to making workplaces safer, IoT is creating workplaces of the future. For the uninitiated, it is defined by an intelligent ecosystem of connected devices, integrated & functioning together to streamline operations and foster efficiency.

But, how precisely IoT makes a difference in business centres? Well, there are a number of use cases that describe it. Let’s discuss them in detail. Continue reading “The Advancing Footsteps of IoT in Business Centres”

How Office Amenities & Work Culture Boost Team Productivity

Categories : office space

When you see your employees saying ‘Wow, it’s Monday!’ in place of feeling the ‘Monday Blues’, it is then that you have laid foundation for a strong culture in your office space. As employees spend most of their time at the workplace, a good culture might be the defining factor behind team productivity and company’s success. Adequate amenities in the office space and work culture are two crucial things that set the tone for a productive environment and determine employee loyalty. If you are constantly on the lookout to foster team productivity, here are a few points put together to help you do the same. Continue reading “How Office Amenities & Work Culture Boost Team Productivity”

4 Reasons Your Office Space Needs Relocation

Categories : office space

Relocating a business is a tough decision to make. There are a number of questions that come in its way – will relocation help achieving your goals or improve your brand image? Are your employees ready to shift? Will it be beneficial in the long-run? However, post a certain point of time, it is essential to analyze the pros and cons of staying at an office space where you begun. There are possibilities that it is relatively less conducive for your business growth or there are better office spaces where it can flourish. So, what determines that you need to relocate? Let’s discuss the top four reasons in detail.

1. Business Privacy

Your employees follow a culture that does not necessarily contribute to their performance at work. You follow a shared office culture where your business privacy is also compromised. The shallow walls that separate businesses in your shared workspace can neither protect your business information nor your employees from getting poached. The engagement activities and collaboration opportunities you chose your workspace for, now seem too overwhelming. Thus, it is better to get your business relocated to a new serviced office that supports a productive culture, doesn’t compromise on business privacy and provides some meaningful engagement activities.
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The Growing Market of Shared Office Spaces in India

Categories : Co-working Spaces

Shared office spaces have witnessed global expansion in the recent years. With immense growth of serviced offices & co-working spaces, it is no longer considered a subsector but a fundamental core of commercial real estate. In India, this market is consistently growing because of several viable reasons.

As per the findings of a CBRE report, shared office space leasing in India will touch 10 million sq. ft. by 2020. While this indicates inevitable growth for this market in the upcoming years as well, let’s find out which factors are fostering widespread expansion of shared office spaces in India:

1. Startup India Initiative – Began in 2015 with the objective of promoting India as a start-up hub across the world, this Indian Government initiative has incentivized start-ups in numerous ways. The low-interest rate loans to entrepreneurs, funding support and incentives are some of the key drivers that led to a wave of entrepreneurship in India. The initiative has begotten several small & mid-sized businesses that work out of shared offices due to no huge upfront investments, flexible rentals, and lower OPEX.

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6 Factors to Consider Before Choosing a Serviced Office

Categories : Serviced Office

Choosing the right serviced office is an important determinant for your business growth. It is incredibly significant to ponder a few factors beforehand as office spaces have the brand image glued to them. From day to day operations, employee engagement & productivity, a flourishing work culture, client attraction and more, a serviced office must foster your business functions so that you make optimum utilization of your budget. There are a number of factors that must be considered before choosing a serviced office; however, following is a checklist of six vital factors for the same:

  1. A Landmark Location

Is my office located in a bustling commercial hub? Can my clients get there without any hassle? Are my employees comfortable reaching there every day? Before choosing a serviced office, it is important to consider its location. No matter how beautifully an office space is designed, it will not add prominence to your business presence if it is positioned aloof at a place which is hard to reach. Continue reading “6 Factors to Consider Before Choosing a Serviced Office”

6 Reasons Why Corporates Must Plunge into Serviced Offices

Categories : Serviced Office

Flexible office spaces are more than just a fad. There is a special string of benefits tied to them, enterprises must recognize in time. They need to ditch the belief that a rented office space will mar their brand reputation. Instead, they must acknowledge the fact that no matter the size of a business, serviced offices can save them a lot of money and effort. Leasing a workspace & getting it settled takes a huge capital investment and time. However, a serviced office at Vatika Business Centre (VBC) brings all of it together without any hassle at comparatively lower costs.

Likewise, here are a few more factors that explain how VBC can make it beneficial for large companies to establish their teams at serviced offices: Continue reading “6 Reasons Why Corporates Must Plunge into Serviced Offices”