Coworking (or co-working), as we know, had garnered strong momentum, and then like most trends, took a hit in the early stages of the COVID-19 pandemic. Having strong roots in being a great solution for businesses, it is back to gaining a momentum and slowly the trend seems to be inching towards the earlier growth. Of course, the environment at virtually every Coworking space in Hyderabad as evolved to mindfully enable the safeguarding of people to whatever best extent is feasible during the pandemic days, the primary advantage that coworking has over the conventional office setup is that businesses do not need to risk getting into years’ worth of office rentals or lease.

Check-out this video about safety at Coworking Spaces in India from BBC World Service which was published during the earlier days of the COVID-19 pandemic. It exemplifies the typical way in which coworking businesses are working consistently towards ensuring a safe environment for the workers while they focus on being productive at work to their usual best.

Why is Coworking the Right Option?

This is a question that given today’s scenario, can be answered in two parts. The first part would cover a general, broad set of reasons that make coworking spaces and shared offices a better choice over conventional offices and the second part would cover advantages of choosing coworking spaces over conventional offices while the pandemic of COVID-19 seems to be here for a while and change our lifestyle practices over the long run.

General Benefits of Choosing Coworking over Conventional Offices

Hundreds and perhaps thousands of articles and videos would’ve been published that cover the general benefits of choosing coworking over conventional offices. We summarize few of the key benefits for your ready reference, right here:

• Networking Opportunities: You get to connect with other individuals
• Increased Productivity: Especially true for individuals who choose between coworking versus working from home
• Community Building that Makes People Work Better: A 2018 survey by deskmag where people could choose multiple reasons for preferring coworking spaces, reflected that 59% users switch to workspaces due to the social atmosphere and 56% due to the opportunity to interact with other members
• Cost Effectiveness: It is a fairly known fact that in the same localities, the per-desk or per-office landed cost of coworking spaces tends to be lower than those of conventional offices.

Benefits of Choosing Coworking over Conventional Office while the COVID-19 Pandemic Impacts our Lifestyle

A few weeks ago, we had published an article explaining why a coworking office would be the more ideal choice for businesses in Bangalore and Hyderabad once the lockdowns were lifted. These days have come and we see a surge in demand as we had expected. However, there are points that came into light later as the actual days passed and here we give a brief, yet very relevant glimpse at the ground-reality of some key benefits that coworking spaces or shared offices are able to provide versus conventional offices:

• Added Manpower for Sanitation: Smaller businesses or those businesses which do not need huge manpower numbers in a single location, are unable to find it valuable to employ manpower dedicated towards ensuring sanitation. Yet, it is undoubtedly a need that’s going to stay. The coworking model is able to address this by adding scale to manpower as multiple smaller offices can sustain better combined under a single piece of real estate. An added advantage of this is that while the team members of various businesses carry on focusing on their work as usual, the work that needs to be done in order to ensure a safe and sanitized environment for them to work in, is taken care of by the coworking space’s management without any burden on the clients.
• Safety and Sanitation Expenses Covered: Accounting for new expenses and adding new cost-heads to expenses is often a daunting task for businesses. In many coworking spaces like those provide by Unispace, the added expenses that are incurred for arrangements made for making the work environment safer during these days, is covered within the usual rentals. Nonetheless, any individual or company renting our spaces are welcome to take added precautions should they wish to, at their own discretion.
• Shorter Rental Agreements: Conventional offices would typically come with rent/lease agreements of years or even longer. The fact that coworking spaces can be rented for months, weeks and even at times days, simply makes it the right choice at a time full of unpredictability.
• Possibility of Savings through Rostering: A lot of businesses are not currently in the need of full attendance while some are able to assign certain days of work-from-home to some of their team members. A conventional office may not be able to help the business take advantage of this through of cutting expenses on rentals. If you as a business owner decide that a rotating roster is able to help you rent just a percentage of what you would’ve rented in the usual days, you could consider rostering your team to use your rented number of desks and/or offices to still be use them at full capacity which giving some days of work-from-home to some team members while the others work in the coworking space. Significant savings are being achieved by some of our clients who are able to manage this methodically.

Which are the Best Locations in Hyderabad to pick from?

Hyderabad has grown and spread across the map hugely in the recent years. The development is barely paralleled by a handful of other cities in India and even the world. The growth has also changed the best locations for operating a business from. We take a look at the prime spots and what makes them stand out.

At Unispace, we consistently track our supply and demand of solutions by locality through various means. To give you a heads-up, here’s a simple representation of the last financial year’s pattern.

Coworking spaces in Hitech City

Connected well with the metro and beautiful, broad roads that are constantly expanding, Hitech City is today’s most-in-demand part of Hyderabad in terms of both office and housing spaces. Finding office space available to any exact specifications is not necessarily feasible but coworking options simply sort that problem with flexibility and ease. Hitech City has a vast number of hotels, restaurants, offices, banks, bus stops, hospitals and virtually everything else that makes a location truly desirable.

Unispace offers flexible terms along with affordability on coworking spaces in Hitech City, that you can find online and book conveniently.

Coworking spaces in Gachibowli

As you drive towards Gachibowli, you get a feeling of opulence. The city starts to feel more spacious, green and well-planned. With lots of amazing projects in the vicinity, Gachibowli is soon becoming a new centre of commerce and IT.

Unispace offers budget-friendly deals on coworking spaces in Gachibowli, that you can find online and book conveniently.

Coworking spaces in Kondapur

Tech giants such as Google and IBM have invested in large office spaces in one of the fastest growing parts of the city – Kondapur. Not far from the Hafeezpet MMTS and Hitech City metro station, Kondapur is located at the heart of “Cyberabad”.

Unispace offers a prime-located spot with competitive deals on coworking spaces in Kondapur, that you can find online and book conveniently.

Coworking spaces in Madhapur

The part of the city that enjoys easiest connectivity with happening spots like Hitech City, Jubilee Hills and is already connected by an active metro line, Madhapur tends to always keep growing in terms of numbers but the huge demand keeps the availability in limits virtually throughout the year.

Unispace offers valuable deals on coworking spaces in Madhapur, that you can find online and book conveniently.

Coworking spaces in other locations

Upcoming parts of the cities which could serve as ideal locations to pick a coworking space, seem to include Financial District, Gandipet, Narsingi and Kukatpalli. If you’d like to look somewhere closer to the the older-established part of the city, Banjara Hills and Begumpet also tend to have some available options.

When can cheaper definitely be better?

Coworking spaces in today’s market come with a lot of choices. Some could offer a leaner set of inclusions – you pay for only the features that everyone needs, like internet, a hygienic and sanitized environment, a self-service kitchenette, limited parking slots, etc. Meanwhile, some others could offer a vast number of added features like a gymnasium, a lounge, valet parking services and a lot of other luxuries.

In unpredictable times and times of financial struggles, the industry notices that the leanest options on offer, are what make the best cut for businesses as well as individuals looking for coworking spaces or shared offices. At the time of writing of this article and probably for at least a few months more, the practical choice for virtually everyone, is the lean choice that also ends up being cheaper and some flexible coworking setups like ours, are offering exactly that to the clients. Clients simply pay for the essentials and all other features that not everyone can utilize, do not end up burdening anyone with a cost.

If you’d like to learn about great valuable offers to cowork in Hyderabad, Unispace offers very valuable deals with the ultimate flexibility in the market. Simply reach out to us and we shall be at your service promptly.

Further Information/Reading

1. Watch Amarit Charoenphan at TEDxChiangMai 2013 speak about how coworking can change the world
2. Book a tour of one or more of our splendid, safe coworking spaces in Hyderabad
3. Read about Why People Thrive in Coworking Spaces – an article by the Harvard Business Review

The post Where to find the Best Coworking Spaces in Hyderabad? appeared first on Unispace Business Center Blog.