Coworking spaces especially work around the concept of leasing office infrastructure and resources to individuals or groups of people, mostly on a subscription or short term basis. In addition to flexible work-timings, these sites/ centers / locations foster / cater to an innovation-inspiring environment, bringing together groups of like-minded people under one roof.
Co-Working spaces can bring a great difference in real estate market of India. It can boost the market as it’s the requirement of today. Small, Medium scale Startups / Entrepreneurs, investors and buyers find Co-Working spaces affordable and a wise decision, as it’s easy to set-up any business with less amount of capital investment and risk of loss decreases too.
Cities like Bengaluru and Delhi NCR can become the Hub of Co-Working spaces as number of new investors and small scale entrepreneurs are growing rapidly in these areas. Over the few months Hyderabad as IT corner of India have also interested and generated huge potential in large coworking spaces. So, constructing Coworking Spaces can actually act as a Blue-chip investment for many builders.
At last, coworking spaces are actually serving as a platform for different individuals to grab opportunities in various fields and showcase talents. It is one of the most pocket friendly ways for entrepreneurs to grow initially with less financial burden and liabilities.