An engineer, Shravani, in Bangalore, faces a daily struggle to commute to her office, which is located near Outer Ring Road. The traffic congestion during peak hours makes it unpredictable when he will arrive. This situation persists throughout the year. He watches his toddler until evening, hoping to catch a glimpse of his office colleagues if he leaves late. In such circumstances, the company she works for has arranged a coworking space nearby her home. This has resolved Shravani’s troubles. In a dire situation, if there is any urgent work, she can work from home.
The concept of flexible office spaces has flourished well in India amidst traffic and other environmental factors. It benefits both employees and employers. It provides convenience to employees and cost control to employers. Due to this, there is a high demand for flexible office spaces. Many companies, along with cost-saving measures, are presenting themselves in favour of this arrangement. With the gradual transition from the work-from-home model, there is a rapid increase in demand for flexible office spaces. Particularly in Tier-2 cities, satellite offices, and back-end offices are growing.
Companies, along with focusing on cost reduction, are opting for flexible spaces to create a conducive environment for their workforce. Setting up or dismantling these is very convenient, and they are showcasing more interest in them. Demand for flexible spaces has increased by 15 percent compared to the first quarter of 2024.
