Flexible workspaces in cites, suburbs set to pick up - The H

Flexible workspaces in cites, suburbs set to pick up - The Hindu BusinessLine


Flexible workspaces in cites, suburbs set to pick up
April 27, 2021
CBD office spaces tend to have better infrastructure, talent availability
Flexible workspaces, especially managed office spaces are set to pick-up post Covid. While it may get concentrated in city centres (CBD), suburbs are also expected to witness companies consolidating their offices.
“Flexible office spaces, a global mega trend, is expected to be balanced by de-densification (moving to suburbs) trends. It is mainly driven by 10-15 percent of the corporate demand,” Juggy Marwaha, CEO of Prestige Office Ventures, told
BusinessLine.
“The office space demand will continue to be present in both CBDs and suburban regions in the cities of Bengaluru, Pune, Mumbai and NCR as corporates are likely to have a hub and spoke model,” he added.

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