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What’s driving Indian office and flex space growth story?

What’s driving Indian office and flex space growth story?

The corporate real estate sector has shown resilience through the pandemic, evolving workspace strategies and the global macro economic headwinds. 2022 witnessed a huge demand for office spaces globally inspite of hybrid and remote working. The commercial real estate segment is likely to grow substantially in 2023 as well. The main drivers of the absorption of office space are companies from a variety of industries, including IT, manufacturing, BFSI, startups, AI, etc.

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Work culture in India Post-Pandemic

Work culture in India Post-Pandemic

The pandemic has disrupted the dynamics of the workplace globally. Most disruptions prior to Covid-19 concerned the evolution of technologies, the adaptation of emerging innovations, and the replacement of manual labour. In present times, the pandemic has completely challenged the physical construct of a work environment. While some jobs were deemed essential and continued to work in a regularised manner with several restrictions and protocols, most of the workforce was confined to the walls of their homes. Some companies struggled, the majority adapted to the new norm.

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Choosing Office Space

Choosing an Office Space for Rent

An office space is the essence of your business and its brand value and the success of a business highly depends upon the team working behind it with their comfort, privacy, and workability being a priority.

It’s a well-known fact that good office space increases productivity and improves the workflow of the employees. And a run down, messy, untidy workspace, will not only reduce productivity but also reduces their morale.

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