The demand for co-working spaces or shared offices is gaining momentum across the country and as many as 13 million people, equivalent to the current population of India’s Silicon Valley Bengaluru, are expected to work out of such offices across India by 2020.
Many startups and an increasing number of companies prefer co-working spaces to conventional office spaces due to lower rentals, savings on operational costs and a more flexible work environment. A company can save as much as 30% on the operational cost alone, according to some estimates.
Besides, the lock-in period for co-working spaces varies between one and three years while companies lease conventional office spaces for five years followed by another five years, or for three years.
The demand for flexible offices including co-working spaces and serviced offices – is growing faster in the Asia Pacific than anywhere else in the world. In India, the growth of flexible office space is expected to grow at 40%-50% this year, showed a JLL India report. By the end of the year, flexible workplaces in India are expected to attract investment up to $400 million.
Best 80 Coworking space companies in India in 2019
Below is the list of the 80 best coworking spaces companies in India in 2019. Find here the best coworking spaces in Mumbai, Pune, Bangalore, Delhi NCR, Chennai, and Hyderabad.