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Is shared office going to be the future of new normal?

The last decade saw an exponential rise in the Shared office space. The co-working model was on its front foot and has never looked back, until the outbreak of COVID-19. However, the pandemic brought an unexpected set of changes especially to the coworking sector, which was among the first that got severely affected since then.

As vaccines are rolling out, things are prepping up for a better world. For instance, shared office space in Mumbai is already picking up. While corporates are still going to vouch for the work-from-home model, it is becoming difficult for the employees to get acquainted with the new normal.

Given the adversity, It is the shared space that is at the receiving end and thus needs to undergo definitive changes to cater to freelancers, office-goers, independent professionals, and small businesses.

Here are the four defining trends for the future coworking space –

  1. Office decentralization

  2. Tech-enabled shared space

  3. Hybrid office space

  4. Corporates sing co-working!

Office decentralization

Big corporates own glass and steel buildings hosting thousands of employees under one roof. Much emphasis now would be on less congregation of the workforce at one place, thus allows devolution of office space.

A new normal model of shared office space would be doing the rounds wherein a large conglomerate or corporations will have a set of ‘remote offices’ spread across suburbs or even across cities.

Tech-enabled office space

The post-pandemic world will witness next-gen technology and networking tools as the driving force that boosts the efficiency of the co-working sector.

Any seamless office experience in the near future that enables people to work efficiently would be a top priority for the occupants.

Hybrid office space

Coworking spaces need to comes with flexible subscriptions where the office-goers must have an edge over making the payment for the number of hours they use the space.

Realtors and shared office space investors need to promote the hub-and-spoke model. For instance, one of the shared office spaces in Mumbai, PlugnWork, accommodated several small companies instead of offering its space couple of large corporations in its erstwhile multi-storied building.

Corporates sing co-working!

The last nine months were enough for a large corporation to understand the concept of leasing out shared office space that comes with all the tech-enabled resources and amenities to take care of.

The coworking model which was seen as ‘dark horse’ by the corporates is now searing it as their ‘to-the-rescue’ model.

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