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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Busting Top 4 Myths of Co-working Spaces

Categories : Co-working Spaces

It is true that not every company would have the budget in place to setup an office space. Companies cannot always start building an office space from the scratch & invest money, time into it. For such companies,co-working spaces make sense. However, there are various misconceptions attached to them. The most prominent one is the notion that they are only good for startups or freelancers. But, that’s not true. If you are looking for an office space in Gurgaon, here’s something you should definitely not miss.

Myth #1: Co-working Spaces are only for Startups

There is no such rule in the book. It is just that startups have been the early adopters of co-working concept. If you own a mid-sized or large company, you can easily accommodate your extended teams in co-working spaces & ace those special projects. Worried about their tenure? Not a problem! Vatika Business Centers in Gurgaon offer flexibility to rent office spaces for months, days, and even hours. Continue reading “Busting Top 4 Myths of Co-working Spaces”

5 species of co-workers everyone has!

Categories : Business Centre, Co-working, Co-working Spaces

Our co-workers often become our family!

While each workplace can differ greatly according to its industry and company culture, there are some types of people you’re destined to meet in every workplace. We put down a list of 5 such co-workers that you’ll cross paths with, no matter where you’re working. Read on & have a hearty laugh.

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