Future scope of co-working spaces

India saw a drastic increase in coworking space http://www.shareofficesolutions.com/about.php, from 6.4 Lac sq. ft. in 2017 to 19 Lac sq. ft. in the first half of the year 2018. These numbers are further expected to increase to 1 crore sq. ft. by 2020. As per reports, 40% of the real estate for office spaces are taken over by the co-working spaces and in the next five years, these coworking spaces are expected to increase by 25%, compared to the present state. This shows how this industry is growing gradually and steadily.

Coworking spaces have numerous reasons that are inducing its growth. The main reason being the significant decrease in operational costs. As per another report, companies that switched on to coworking spaces have seen 20% reduction in their operating cost, against their earlier costs. Also, these spaces give startups, freelancers, small businesses, etc., the opportunity to work in office culture, even without investing money in renting a separate entire office. They just have to pay a much lower rent for just the space they require and can avail all the facilities of office.

Therefore, to know about the coworking space in Bangalore ht tp://www.shareofficesolutions.com/about.php, Bangalore call us at 9939966778.