Changes are the foundation for growth. When we stand and analyse 2024, these changes are transforming the face of every industry, especially the way we work and companies operate. After the pandemic, both companies and employees began searching for new workspace solutions that could reduce operational costs while increasing flexibility and comfort. The concept of shared office space was slowly introduced to rewrite the definition of workspace in the modern world.
Shared office space is a welcoming concept that benefits owners and employees. It means various companies choose a common workspace environment where they can flexibly work, attend meetings, and get access to many other exclusive amenities. A shared workspace doesn’t break the privacy of a company and its business transactions. Instead, it offers a cost-effective space as if they are in their office with privacy and protection over their files.
Being the best workspace provider in India, we are extremely happy to share the benefits of shared office space solutions and how it can change the way your company adapts to modern trends. This blog is an inspiration for freelancers and remote workers seeking to understand how India responds to this concept. Let’s clearly understand what it has for you.
Why is shared office space a trend?
The real estate industry is undergoing significant development. These changes are determining the future of the workspace industry, and that’s the core of the demand for shared office space. Changes are important in this globalised world, especially in sectors that determine the future of society. The new workspace trend can significantly reduce the cost compared to the cost of conventional office space. Flexibility is considered the top priority for employees, where they can work anywhere and stay in the office till their works are completed. Shared office space has all you need in a traditional office, including a cafeteria, printer station, conference room, calling booth, etc. According to reports, experimenting with new ideas to make shared office space an interesting place to stay longer is going on in the background.
International office culture is gaining a foothold in India as well. The preference of new-generation employees for such changes is a reflection of global commitment and the sharing of the same values and ideas for a unified workspace culture. Both freelancers and full-time employees can choose shared office spaces in Kolkata according to their budget. Such an office structure paves the way to earn more income with fewer expenses.
Reasons that contribute to the demand for shared office space
Comfortability has no substitute. When deeply analysing the role of shared workspace, the two major reasons that make them valuable contributions to the workspace culture.
Comfortability
Flexibility is the new term of comfortability for coworking spaces in Kolkata. A shared office space promises the comfortability of every employee with amenities such as conference rooms, printer stations, cafeteria, break rooms, etc.
Cost-effective
Inflation and other financial threats are ruling our world. Cost-effective methods can seriously divert the business path towards a bright future. For businesses and freelancers, shared office space is the right destination to build a proper work environment.
The demand for shared office space in India
A study named ‘Navigating Flex: Indian Coworking Market Analysis in 2024’ was conducted by Anarock, a very popular real estate consultancy. The study gave profound glimpses of where the trend of shared workspace goes and how it will change the future of India. The shared workspace concept is the new favourite of industry professionals, as it makes their work environment more friendly and cost-effective. According to the data published, the demand for shared office space will grow from 55 million square feet to 100 to 140 MSF by 2030. The report reveals that 54% of Indian companies find shared workspace a method to reduce expenses, including rent, utility bills, interior and exterior designs, and many more.
Anuj Puri, the chairman of Anarock Group, said that this will help companies to utilise resources from far-off places, making a suitable atmosphere for the businesses to reinvent their growth. Major cities like Mumbai and Bengaluru are witnessing the shift from conventional office space to more economy-friendly shared office space.
Conclusion
Junction, the best workspace provider in India, is watching these changes with hope. A boom in the business industry will contribute to the overall growth of our country. Although shared office space is a new concept, companies are realising its value in 2024. Our years of experience will guide you to find a perfect shared workspace in your locality. Contact us for more.
