COVID helped business owners realize the benefits of remote working while it showed employees how working from home isn’t as great as it sounds. Coworking spaces emerged as the ideal balance.
Business owners no longer need to invest heavily in commercial real estate for independent offices and employees can work from professional spaces without having to spend hours commuting. It’s no surprise that as MNCs and corporates are adapting to the new working normal, the commercial real estate sector is also being overhauled – it’s the era of Coworking in Delhi.
The Value Of Coworking Is Growing
The popularity of Coworking spaces in Delhi post covid has seen a spike. It’s not just freelancers and entrepreneurs with tight-budgeted start-ups that are flocking here.
Established multinationals are also shifting from large central work spaces to Coworking spaces. That said, in the NCR region, there has been a shift in location preferences. Coworking spaces in Noida and Gurgaon are now as popular as Coworking spaces in Delhi.
All of this is happening because companies have started to experience the benefits of coworking.
A Lower Commitment Of Capital Towards Non-Core Business Activities
One of the key reasons for increased interest in Coworking space after covid is the lowered capital commitment. Choosing a Coworking space allows companies to work in a Grade A property at a much lower rental fee. Contracts are based on the number of desks needed. The space is fully furnished and equipped with all the necessary infrastructure so people can start working as soon as they move in.
Apart from not having to spend on furniture, air conditioning, printers, scanners, etc. businesses also no longer need to cater for maintenance costs. All maintenance issues are handled by the coworking space providers like The Office Pass (TOP). All these cost savings can be redirected towards product innovation and marketing campaigns that have a direct impact on the company’s growth.
Flexible Leases
Another reason for the growing popularity of coworking during covid-19 has been the flexible lease terms. Desks can be leased for as little as a day (if needed). This has allowed businesses to maintain a hybrid working environment.
Unfortunately, people are still falling ill and even if they are well but a family member in the house is not, they need to be isolated from the rest of the community. In times like this, they can work from home. Flexible leases are also beneficial for growing companies that are slowly scaling up their operations.
Systems For Employee Safety
Individual start-ups may find it expensive to invest in new systems for employee safety. For example, installing thermal scanners at entrances can be an expensive affair. But, it’s something Coworking spaces can afford to look at. Similarly, they can upgrade their air-conditioning systems to also purify the air. The availability of such systems makes employees more comfortable about returning to the office space in the post covid era.
Shorter Commutes
Coworking in Covid-19 times is all about prioritizing employee needs. Choosing Coworking spaces has allowed businesses to de-densify their company headquarters. But, it’s not enough to keep employees safe within the office space, the commute has to be considered too.
Shortened commutes are one of the other important benefits of Coworking space post covid19. Rather than commute to a central office space every day, companies can arrange for their employees to work out of a Coworking office close to their homes and commute to the central office only when required.
If one were to look at the effects of covid-19 on coworking spaces with this in mind, it would be easy to understand why so many Coworking units are emerging in and around residential sectors.
Networking Opportunities
Coworking importance is directly linked to the importance of networking and opportunities for the same presented by shared working spaces. While working professionals still need to network to grow, the risk of travelling to another office to do so may make them think twice.
However, in a Coworking space, meeting people and networking with them is much simpler. The people sitting at the same desk could be excellent brainstorming partners or could open up avenues for collaborations and partnership projects.
Experiencing The Shared Office Advantage In Covid-19
The future of Coworking post covid is bright and it’s time your company experiences it too. Rather than have your team work from home or invest heavily in building an independent office, you can have your team work from a shared office space.
Look for Coworking offices with established protocols for safety and sanitation, ergonomic furniture, well-maintained printers, scanners and other machines and employee-friendly facilities like parking, lockers, and of course enough coffee to get through the day.
To know more about the coworking spaces offered by The Office Pass (TOP), give us a call at 08999 828282.
