Q1 – What market trends are shaping the managed office space in India?

A1 : In a rapidly evolving corporate landscape, how we work is transforming profoundly. Businesses, especially multinational corporations (MNCs), increasingly seek flexible and cost-effective solutions for their office space needs.

Compared to shorter lease tenures of 1-2 years pre-pandemic, occupiers are now going for longer commitments of 3-5 years with managed office space operators as they look to integrate flex space as a long-term solution.

Demand for large-size offices, from 50,000 sq ft to 5 Lakh sq ft., has increased with longer-term lock-ins with an average lock-in period of 4 to 4.5 years.

Promoting sustainable practices as many managed office space providers emphasize sustainability in their operations. This aligns with the growing corporate responsibility initiatives of businesses. By choosing such spaces, MNCs can reduce their environmental footprint and demonstrate their commitment to sustainable practices.

Q2 – How do you differentiate Skootr from the competitors?

A2 – Skootr provides premium managed office space, and we aim to delve deeper into the concept of “Premium.” Premium signifies our keen understanding of client needs and commitment to sustainable, long-term solutions. The design and functionality of the office are crafted through a consultative approach. Premium offerings encompass tangible and intangible elements, such as our ability to comprehend client requirements and provide tailor-made solutions, ensuring continuous support throughout their tenure.

Skootr goes beyond offering a physical workspace. We provide a range of amenities and services designed to enhance productivity and employee well-being. These amenities include Modern and well-designed and tailor-made office designs, including ergonomic furniture, high-speed internet connectivity, meeting rooms, lounge areas, security, housekeeping, and even additional business support services.

Skootr’s in-house facilities include wellness centres, saloon services, recreational zones, meditation rooms, gaming rooms, wellness programs, and biophilia elements to promote employee health and well-being. Focus on hospitality services such as Food and Beverage, catering, and concierge services to enhance the tenant experience.

By providing these facilities, Skootr workspaces create a conducive work environment that fosters collaboration, creativity, and efficiency.

Q3 – How do you adapt your business model for different locations or regions?

A3 – Skootr’s business model remains the same across locations. At Skootr, we offer complete end-to-end office solutions to large corporates, specialising in – Managed office, Asset leasing and Design & Build solutions. Skootr has a pan-India presence and is looking to expand rapidly with Grade A asset leasing in tier 1 cities. Skootr’s ‘managed office’ concept is a holistic package of real estate, design, community management, state-of-the-art IT solutions and soft office services such as F&B, travel, concierge, etc.

Credit-
Ankit Jain, Co-Founder & Director, Skootr Offices