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Co-working spaces emerging as a hot trend in India

What are Co-Working Spaces :

The startup trend came, it saw and it sometimes also conquers. With the boom in the number of bootstrapped startups, financing is a real big issue. Unless you have already proved yourself and landed a very good angel investor chances are that you will be struggling to make ends meet. One of the highest expenses that people face when opening a new business is the cost of real estate of office space. To every problem though there is a solution. The solution to this problem especially was a genius. Co-Working Spaces.

Co-working is a style of work that involves employees from many organizations sharing office space. But this isn’t a typical setup of where people from different organizations will be sitting on different floors; they will be sitting next to each other, working separately on different projects for different companies.

Why Co-Working spaces are emerging as a hot trend in India:

  •  Affordability: As I have pointed out before this is one of the highest components of company overhead. When businesses are in their infancy it is of utmost importance to ensure that they spend their hard earner money wisely. Renting out a co-working space saves the businesses from looking around for a swanky new office in their budget. The most apt simile you can think of is when you are looking for houses when you first started working, you always opted to have a roommate with similar interest and who you would be able to get along with. Save on rent, live in a better house and have some space to yourself as well. Co-Working follows similar philosophies. Propbuying has several commercial properties for sale or rent in Pune. As a buyer, if you looking for an investment opportunity, you should consider buying commercial property in Pune. In recent years commercial properties have been giving a better return on investment.
  • Feature Rich: Co-Working spaces also tend to be feature rich. You will have the normal features like parking, and good light, airy rooms with a lot of space. Co-working enables you to have additional features that you normally wouldn’t have. Like a leased internet line for example. Since Pune is an IT hub, internet connection speeds are vital. Having a leased line can be the difference between closing the deal with a client or not. You can also have additional benefits for your employees, such as a pool table, lounge with bean bags. This helps in boosting employee morale.  Propbuying, Pune’s best online real estate broker can help you find exactly the kind of commercial property for rent you are looking for.
  • Strategic Collaboration: Co-Working can also have subtle advantages. Since you will be working in close proximity with companies that are not necessarily in the field you work in, you can work together when the opportunity arises. Two companies from different organizations can form a strategic partnership with each other to help them grow financially. Co-Working reduces the confusion of he said, she said as both will be working in close proximity and can work on the combined projects without any confusion.

Why to choose Propbuying?

We have already written about why you should buy commercial properties in Pune in case you are looking to make an investment. Commercial Properties tend to provide a better return on investment than residential properties and this trend seems like it’s going to continue. Propbuying is a trusted name in the Pune Real Estate market. Propbuying can help you find the perfect commercial space that fits your need exactly and also fits your bill.



This post first appeared on Propbuying Reloters Pvt Ltd, please read the originial post: here

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Co-working spaces emerging as a hot trend in India

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