Coworking Spaces Taking Up BIG Office Spaces for Rent?

Divesh Shirsat

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Coworking spaces are not only hot in Mumbai (according to our research there are over 130 coworking spaces in Mumbai, Thane & Navi Mumbai!), but across all cities across the Globe. And their increasing popularity can be seen by looking back a few years ago where there were fewer than ten coworking spaces in Mumbai to the current number mentioned, but it’s not only the number of coworking spaces in Mumbai that is increasing, it’s the size of the office spaces for rent in Mumbai which they are occupying that is most impressive.

Without discussing specific developers or coworking spaces in Mumbai as it hasn’t seemed to hit the press, there is one Indian based coworking space that is taking up more than 50,000 square feet and is the anchor tenant in a brand-new project in north Mumbai. And the coworking space goliath, WeWork, has taken up an entire commercial building in BKC! This, of course, is WeWork, so an outlier, but we bring it to show the potential of coworking spaces in terms of the sizes in which they can take up office spaces for rent in Mumbai and elsewhere.

With that said, most coworking spaces in Mumbai that we have come across on our aggregator are under 5,000 square feet. The office space for rent sizes seems to be only growing as these firms become more and more successful.

From our view, as long as the prices stay reasonable at 7,000 to 15,000 rupees per month per seat, we think the coworking space in Mumbai scene will only grow. However, the competition is fierce and it’s hard to say whether or not the demand for coworking spaces in Mumbai, Thane & Navi Mumbai will continue to be so strong. From our own experiences in talking to sales teams at various coworking spaces in Mumbai, we have found that many of their office spaces for rent are nearly at full occupancy with many at over 95% (again it’s the salesperson talking, but even if you discount it at 5-10%, it’s pretty darn impressive).

Let’s see how many more large office spaces for rent coworking spaces in Mumbai take up for the rest of this year and next year. We wish them all the best and happy to be working with many of them.
 

interior desing

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Coworking is an American business model where individuals/organizations work independently under one roof yet share many office facilities and value-added services amongst each other. iSprout is now a leading coworking space in Hyderabad. We have a similar set-up in Vijayawada and Chennai with the vision to become a Pan-India brand. The concept of coworking spaces that started in the USA in 2005 is now a global phenomenon.
 

David Alex

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One city in the country which has seen a boost in its coworking spaces is Pune. One of the largest metropolises in India and a hub of software companies. Coworking space in Pune, like in any other part of the country, are built mostly with startups as their main focus.
Executive Center provide the best of, you can check it here, coworking space in Pune, Executive Center have become the new state of affairs and it looks like the trend is here to stay.
  1. Coworking space in Pune, provide access to amenities like technical support services, high-speed WiFi, fax machine.
  2. Shared office spaces in Pune, are a cheaper and cost effective option compared to maintaining a traditional office.
  3. Helping build networks, Techies benefit a lot from connecting with others from a similar field.
 
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David Alex

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Premium coworking spaces at the heart of Mumbai. Discover the sophisticated design, intelligent infrastructure of our shared workspaces.
Several coworking spaces in Mumbai which help in fulfilling the dreams of every entrepreneur.
A coworking space in Mumbai is a collective workspace bringing together a number of independent professionals under one common roof to share amenities offered by the serviced office. The Executive Center provide the following facilities:
  1. Low expenditure
  2. Healthy interactions resulting in a wider social network
  3. Access to world-class amenities
 

VijayShankar

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Coworking spaces are the rise in India and along with it, meeting rooms are taking a huge rise as they support the coworking spaces equally for any startup to to grow.
Conference will be the face of for any client or customer as they occupy a huge lot they are a face for any meeting or conference that happens. You can find the best conference rooms from the leady market service providers. Some of the many advantages of renting professional meeting rooms. You can save time and money, the most valuable resources for any business by using this solution.
 

VijayShankar

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Effects of COVID-19 has been incredibly convincing, experts to work in a roundabout way, different specialists imagine that it will wind up being more run of the mill for individuals to part their time among telecommuting and going to the workplace.

Fiery prosperity has taken expense and in twitter insider review it was found that some spot in the degree of 2016 and 2020, conversations rotating "accomplishment", "mental achievement" and self thought" got over 225%.

Our work schedules at last relax up past the standard expected time and it keeps on that course for long. Work is done alone from their various homes some times meeting rooms do get extended, if your coworking service providers has conference rooms in bangalore, meeting and training rooms, or virtual offices in different parts of country it will elevate the inspiration levels. So tying up with right sharing spaces which can crane to have clear video get-togethers than the essentially preparing stage can assist you with keeping up efficiency levels
 

VijayShankar

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Yes effectively, the after the pandemic, lot of work as has been shifted to online mode, right from the taking it onboard of any client to handing over of work. Evertything has been shifted online, so it is time to leverage that with you have, and coworking space Chennai, Pune, Bangalore and other coworking spaces are coming up with solutions to help bridge the gap for this problem.
 

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