Rising Trend of Shared Office Spaces in India

The demand for Commercial Office Spaces in India is rising tremendously in the next few years. This fact is released in the recent CBRE 2017 report for the Asia Pacific region. The report reflects the current trends and expansion plans of various multinational companies, which are aggressively planning to expand its bases in this region in next three years.

In view of this, different multinational companies are catering to a variety of economic sectors and India is eyed as the most preferred outsourcing hub in Asia.

These companies are hiring more people, simultaneously resulting in the demand for more office spaces all over India. They are relentlessly focusing on reducing the running cost of their companies by implementing different cost-efficient methods.

Nowadays, Start-ups, small businesses, IT-ITES sectors prefer low-cost, commercial office spaces with an upmarket business addresses. This is achieved by the new age concept of commercial real estate market – Sharing Office Spaces. Here, one office space is shared by multiple businesses. The rent is shared in all or if any business is having some extra (under utilised)office space then it is given on rent to others for commercial purpose.

In Shared Office spaces - popularly known as Co-working spaces, one can get a fully furnished office space and desks, as per its requirement (number of staff) and budget. Customised and affordable rent prices (monthly/ hourly) are applied to office spaces, desks, conference/ meeting rooms and personal/ private cabins.

Currently, the facilities provided in these rented office spaces in India, are ranging from modern furnitures, phones, security, Wi-Fi connectivity, reception staff, cutomised interiors & furniture, cafeterias, lounges, vehicle parking, server room, community gyms, uninterrupted power supply to many more tailored made facilities, which are added to suit one's business requirements.

The demand for affordable office spaces in India’s Tier I and Tier II cities has increased a lot and the shortage of desired commercial spaces in main commercial areas has resulted in the sky-rocketing of rent prices.

The cost-effective alternative solution to this is, sharing an under utilized office spaces with others and monetising it. This trend of opting shared office spaces for rent and lease in India is rapidly catching up in all major cities.

This type of workstations helps in increasing productivity, collaborations with different businesses, flexibility, quicker occupancy, convenience and easy access to the best amenities at shared costs. This ultimately results in company’s better savings and faster salary hikes of employees.

Check out Spacewhiz.com to book coworking or shared office spaces.

a href=http://spacewhiz.comhttp://spacewhiz.com is an online portal of work spaces like commercial offices, co-working spaces, private cabins, conference rooms and training rooms.