office space in bangalore

Powered By Blogger
Showing posts with label plug and play. Show all posts
Showing posts with label plug and play. Show all posts

Tuesday, 3 May 2016

Co-Working: New Cool Factor for Today’s Corporates!



Co-working has really been a cool factor for many corporates these days; new business firms today don’t really want to set up a traditional office to carry out their operations, as they hardly spend their time at office. However, they aren’t working from their home either. They actually have found a new style to carry out their work in a professional way, and it’s Co-Working. They get a desk space, Wi-Fi, conference room, copier access, soft drink and a professional working environment.
A flexible space, full-facilities and low rents are actually pushing away the traditional office spaces, and getting a new flavour of working with someone. This new style of self-employed people working with others is changing the way the people are functioning across the globe, as they are sharing their knowledge and ideas with each other. So co-working is now hailed to be the hot trend of 2016. If you haven’t tried it yet, here are few reasons for you to try!
Why Co-working Space?
·         Co-working space has got lots to offer you; you’ll get to use the office desk, chairs, Wi-Fi, conference rooms, printer, photocopy machine and lot more without having to invest much on the office space.

·         The emanation of co-working spaces with low cost memberships have been enticing the start-ups, so that numerous entrepreneurs, consultants and others who need a flexible yet professional workspace are opting out co-working plan.

·         If you have moved out of your old office space because of its high rent, co-working can be an ideal choice for you. It provides you with the bunch of benefits like low rentals, clean working area and also the flexibility to move out of the place as and when you want.

·         If yours is a start-up, all that you would need is a little space to work to cut down the hassle of spending lots on infrastructure. Co-working could be the ideal choice for you as it offers a focused environment while also allowing you to have a brainstorming session with co-workers out there.
Like all the work-driven areas, the main focus here is people and their work, as it offers full-flexibility to the workers in the shared workspace. This certainly benefits the entrepreneurs as there will be a great bonding between the likeminded people working together; they can also exchange their ideas with each other which could be a spark for a great venture ahead.
Still there are lots of people out there who think co-working is not for them! But proven results and the increasing demand for co-working spaces clearly say that it’s far better than spreading out cluster of records and documents at a coffee shop! The rise in demand for this new style of working has made it clear that the trend grows even more, especially among the people of Gen Y.

 To know more about:

Monday, 8 February 2016

2015 – A Favourable Year for Real Estate Industry


The office space absorption in India stood at 35 million square feet in 2015, which is the second highest absorption rate after 2011. While the vacancy in PAN-India stands at 16%, it’s just 8-9% that’s being supplied to the corporate occupiers.


The major cities like Bengaluru, Pune, Chennai and Hyderabad have a vacancy rate for office space is  just 5-10%, and they are prompting the need for fresh supply to meet the growing demands. Though, the land and construction costs are rising each day, rents have not reached a point where developers can get an IRR (Internal Rate of Return) of about 20%. This has been a main reason for developers moving away from commercial projects.
Residential Real Estate
Though the year 2015 didn’t bring up the expected growth in residential real estate, the bad days seems to have vanished. The sales have picked up in a few major cities like Mumbai, Bengaluru and Hyderabad. The initiatives taken by developers like offering attractive schemes and deal terms along with the lowered interest rates seem to have engaged the fence-sitters. The signs look encouraging; so the year 2016 seems to put an end to the difficult journey of the sector.
Retail Real Estate
The year hardly saw major happenings in the retail real estate sector. However, two big trends were noticed.
·         Consolidation of retail real estates by retailers and brands that focussed on the profit making stores closing down the loss causing ones.
·         Entry of institutional investors; this would make the single brand retail companies undertake ecommerce business independently.
More and more mature investors are expected to come and buy built-up real estate spaces in 2016.
Manufacturing and Warehousing
The year did nothing except putting a solid foundation for the manufacturing sector to get going in 2016. Under the Make in India programme, the states can come up with their own strategies, schemes and policies, which would help them in fuelling the industrial growth.  The warehousing sector seem to be reaching an inflection point and it’s sure to take a huge leap forward once the Goods and Service Tax (GST) is rolled out.
The real estate industry is getting matured each day; until 2014, the industry was highly inefficient, fragmented and unregulated. Though 2016 is expected to bring in some positive changes in the industry, the experts still feel that the industry still remains fragmented and moderately inefficient in 2016 as well! Only the growth in Indian economy can bring some favourable reflections in the real estate sector.

For more information: