Impact of Co-working Space in the Real Estate Market
Introduction Co-working space real estate has transformed how we work which in turn has changed the real estate market. In metropolitans like Chennai which have limited space and a very dynamic business scene flexible workspaces have come up as a live option to which traditional office rental models don’t apply. For companies, independent workers, and start ups this model brings convenience, cost efficiency and network value but for the real estate market it is a shift in what is demanded, designed and invested in. Co-working Spaces: A Brief Look at. Co-working space real estate refers to shared work environments where individuals and companies can lease desks, private cabins, or meeting rooms on flexible terms In these spaces you will find full furniture, also included are features like high speed internet, conference rooms and break out areas, also we see that they host community events which foster collaboration. In Chennai, providers like Inspir...