Is Coworking Workplace for the Future?

In today’s digital era, India’s burgeoning startup community alongside robust economic development are driving the workspaces into a flexible environment like never before! The country has been the 2^nd largest market for flexible workspaces in the APAC region. The Coldwell Banker Richard Ellis (CBRE) research states that near about $3 billion has been invested in laying the foundation of effective coworking spaces in APAC in the last four years.

When we talk about Pune, the Co-working spaces are disrupting the conventional shackles of the businesses with its full pace. The last five years have witnessed a massive growth in the number of such spaces unlocking countless opportunities for the youngsters of today and tomorrow.

With technology joining the foray, the market of these spaces is successfully assisting the economic growth to its best. But is the coworking workplace is a real concept for the future? Let’s dig deeper and reveal some interesting facts.

The Big Picture

Startups have indeed been the early adopters to private offices in Pune. Similarly, they have also embraced coworking spaces for attaining higher ROI. But, when it comes to the business world, the coming years will observe a plethora of corporate ventures and other organizations leveraging such spaces with its full potential. Renowned business barons like Amazon, Starbucks, etc. are going beyond cost savings and rolling out a creative platform for the individuals of the nation. Besides, the businesses are acknowledging the fact that boosting the youngsters and like-minded personas with such a coworking office set up can do miracles. It’s a way towards innovation, productivity, and employee satisfaction in the longer run.   

    

The Switch

The country is on its way to witness a change where sectors like banking, insurance, manufacturing, etc. would start adopting coworking space and be the torch-bearers of an agile economy. On top of that, the office rents are consistently moving up the bar which is why businesses have started adopting such workplaces across the Tier I and II cities. This increase in shared workspaces is leading to consolidation thereby, empowering giant businesses to rise & align with SMEs for creating a better economic framework.    

With automation being at the helm, coworking spaces would be seen as the future of a seamless and hassle-free office management. These workplaces will surely offer solutions that would add an extra plus to business processes like investor meetings, financial guidance, etc.   

 

The Clean-tech Future

Many have the dream of working beside a beach or top of a mountain which cannot be achieved through the private offices in Pune. This is where eco-friendly coworking spaces come into the picture and embrace countless elements of nature to lay the foundation of a beautiful work-heaven. These spaces will prove to be a helping hand in making the employees relax thereby, enhancing their productivity to the best. The businesses are planning to leverage solar energy, copper ACs, etc. that can make the work environment hassle-free and also curtail damage to the surroundings. 

So, what’s your take on the future with coworking space?