This obvious that the most important advantage of the services offices is the cost associated with it. With the origin of renting office space as compared to buying properties has grown over the years as a major product and catching up extremely well in our country. Multinational companies and established businesses find these flexible serviced offices useful while setting up a branch office or accommodate its extended team members.
As per the reports, a dominant part of the serviced office spaces in India are located in the Tier 1 cities whereas Tier 2 cities are still in progress to adopt the flexible workspace culture for the mushrooming young talents who wish to start from their hometown. NCR regions (Gurgaon, Noida, and Delhi), Bengaluru and Mumbai are undoubtedly dominant urban communities of India and 75% of the flexible office spaces are reported to be located in these cities. This popularity has been additionally boosted by uncertain market conditions thus prompting to a greater choice of options on the market.
Moving forward, besides the appreciation from big companies what are different advantages of the flexible workspaces:
Prime Business District:
For big businesses, the location is vital. While it is getting increasingly difficult to explore enough space and build a setup from scratch, it is getting more convenient to move into serviced office space as it helps in getting noticed instantly.
The flexibility of these offices create a world of possibilities. Giant companies often require workplace that can expand with them. Flexible office spaces comes with a freedom to pay per use.
These days MNCs disseminate their representative all over cities of a country, it is a cost saving step to rent a space with few workstation than to rent an over expensive space and do the interiors and fitouts for a bunch of employees.