Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
NCRTC launches MetroDesk, India’s first co-working space inside Ghaziabad Namo Bharat Station. Featuring high-speed internet, private cabins, and innovative tech, it transforms transit hubs into productive business centres. Strategically located with seamless access, MetroDesk offers a future-ready workspace, blending convenience and connectivity for professionals on the move.
READ MORE315Work Avenue plans to invest ₹400 crore to expand its coworking footprint by 2 million sq. ft next year. With growing corporate demand, the firm aims to reach 5 million sq. ft by year-end, entering new cities and reinforcing its position as a leader in flexible workspaces.
READ MOREA community-driven coworking space goes beyond shared desks, fostering collaboration, inclusivity, and flexibility. It creates an adaptable environment where individuals feel supported, engage in meaningful connections, and contribute to a shared purpose. This culture of belonging enhances productivity, innovation, and growth for everyone involved.
READ MOREIndia’s thriving startup ecosystem relies on coworking spaces for flexibility and affordability, but small-scale agreements face regulatory hurdles. Key reforms—tax incentives, streamlined leasing norms, support for Tier-II and Tier-III cities, and digital compliance platforms—can simplify registrations, fostering a more inclusive and dynamic coworking sector for startups and MSMEs.
READ MOREIndia’s coworking industry is booming, with tier-2 and tier-3 cities driving expansion. Government initiatives, IPO listings, and rising demand for flexible workspaces fuel growth. Industry leaders predict a transformative phase, with hybrid work models, diversified services, and tech-driven innovations shaping the future of coworking in India.
READ MOREAwfis, valued at ₹5,000 crores, has revolutionised the coworking space sector with fully managed office solutions. Despite challenges during COVID-19, it remains a key player in India’s flexible workspace market. As demand for coworking spaces grows, Awfis’s potential for expansion could see its valuation double to ₹10,000 crores.
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