NEW DELHI: Spaces expands footprints in India with two new co-working sites in country’s IT city Bengaluru.
The new Spaces locations in Fairway and Shantiniketan in Bengaluru are spread over an area of 68,200 sq. ft. with seating capacity for 900 plus people.
Spaces at Fairway Business Park and Shantiniketan are perfect co-working hotspots offering unparalleled accessibility and a strong lifestyle-led workspace for a creative way of working for entrepreneurs and established businesses alike.
Both the coworking workplaces offer a wide selection of comfy private offices, fully-serviced designer meeting rooms, a business club catered to networking as well as an event space. The unique European design, music curated in Amsterdam coupled with great coffee and the casual seating areas offer a creative environment ideal for collaborating and networking to cultivate exciting opportunities.
Speaking about the launch, Harsh Lambah, Country Manager – India, IWG Plc. said, “Coworking has grown worldwide as entrepreneurs and corporate organizations have realised the potential benefits of coworking as people are far more productive and successful in an enjoyable, social and inspiring work environment. Bengaluru being the IT and start-up capital of India is the largest contributor in the growth of coworking sector in the country and with the new Spaces workplaces in Fairway and Shantiniketan, we aim to tap into the thriving cultural and business ecosystem of the city by providing a creative and flexible working environment ideal for collaborating with like-minded professionals.”
“People are far more productive and successful in an enjoyable, social and inspiring work environment. We are very excited to open this location in Bangalore after the successful introduction of our concept in other parts of India and the world. This location is a great addition to our current network which will continue to grow” said, Margot Van Der Poel, Brand Manager, Spaces, APAC.
Spaces is expanding to all Central Business district (CBD) locations worldwide driven by high demand from their customers. In India, the plan is to double the Spaces footprint in the next six to twelve months across the major cities. According to IWG Global Business Survey, 58% of employees in India, work remotely from locations other than one of their company’s main office locations and 95% believe flexible working helps their business grow by enabling employees to be more productive while on the move.
Domlur and Whitefield have emerged as a sought-after business hot-spot for the vibrant startup community that ranges from e-commerce, logistics, foodtech, home services, edtech, and other tech startups among others. Both the areas will also be a business hub for more established companies including older corporates, hotels and IT companies.
A report by Colliers, a global commercial real estate services company stated that India’s co-working space market is expanding exponentially and Bengaluru has topped the list by retaining a 31 per cent share followed by Delhi-NCR, which represents 18 per cent of the total occupier demand in 2017.