A Statistical View Point towards Coworking Space

According to a research conducted by JLL, a Fortune 500 company that specializes in investment management and real estate, it has been said that by the end of the year 2017, the concept of Coworking Space and the number of such facilities are set to increase by 50%. The report also predicts that by the year 2025, around 42% of the population of India will be working in the urban centers. And, due to this reason, there would be more need for space, thus leading to a greater demand for coworking spaces. The report also said that all of these would take less than one decade to occur.

Future with coworking

According to the country head of JLL India, the entire idea of co-working is expected to get around $400 million by the year 2018. He also said that the financial year 2016-17 has witnessed a huge spike in the growth curve of the Shared Office Space industry and if it continues to grow like this, the country will see an era of co-working spaces. He further told that the currently the possible market size of the coworking industry stands somewhere in the range of over 12 million seats and the demand for shared office spaces is no more restricted to startups and freelancers. In order to maximize the level of their productivity, these days, emerging companies as well as big corporate houses are also looking forward to Shared Office Space.

So, you can easily imagine how big it is going to be and how likely it would be taking over as an alternate workspace.

Shared Office Space In Mumbai can help save around 20% to 25% cost in comparison to traditional working spaces. Needless to mention, but when one can boost productivity without worrying about the overhead costs, then, why not go that way. This is the reason why, co-working is expected to take over the traditional office spaces.

Reap maximum benefits by knowing your needs

Are you a freelancer or a big company that wants to leverage the benefits of Co Working Spaces Mumbai? You are going on the right track. However, in order to reap the maximum benefits, it is very important to choose the right partner. Otherwise, you might not get the desired results. How can you find a suitable coworking space in a busy and always on-the-go city like Mumbai? One of the most important parameters that you should never forget while considering a Shared Office Space In Mumbai is – your own requirements.

Without understanding your own needs, you cannot go further for long. The worst part – you might end up choosing an option that you don’t need at all. Therefore, be careful and go for the best one. No one can better understand your needs than you yourself. So, work on it in the first place. Once you have a clear idea of what you want, choosing the best from the never ending list of Co Working Spaces Mumbai won’t seem to be a Herculean task anymore.

Dear reader, co-working comes along with a number of handsome perks, but everything depends on what and why you choose. For example – if you need a conference room just for one week, then you should choose that package and not the one that offers year long access to the facility. Hopefully, now the things are clearer to you. Join WorkLoft for the better and do share this blog as much as you can. Word-of-mouth still works wonders.

About Sumit Chandan

Sumit Chandan has created 128 entries.

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