Indian Corporate Enterprises Opt For Flexible Workspaces

corporate enterprises flexible workspace

New Delhi. According to the Cushman and Wakefield report, corporate enterprises preference for flexible workspaces rose 73%. During January-June, the number of booked seats reached 31,538, expecting a total of 50,000 corporate desks during 2021.

With the explosion of the pandemic, employees adapted to new working habits to stay home. After a year and a half, most corporate enterprises have opted for flexible workspace instead of offices.

Corporate enterprises rented 18,213 seats in the 2020 first six months and 36,255 desks in flexible workplaces during 2021. As Cushman and Wakefield’s consultant said: “In H1, the number of flex seats leased reached an impressive 31,538. It is nearly 87 percent of the seats leased during the whole of 2020. Based on the result seen, it is likely that the number for the current year could exceed 50,000 seats.”

Corporate Enterprises Opt For Flexible Workplaces

Even in a post-pandemic scenario, leading companies such as India Sotheby’s International Realty opt for hybrid and mobile solutions. Most corporate enterprises are joining forces with co-working and flexible workplaces like Simpliwork Offices, Smartworks, The Executive Centre, and The Office Pass. All these businesses recorded a rise in demand in the last year and a half. 

Neetish Sarda, SmartWorkers founder, confirmed a rise of rented seats in flexible workplaces by corporate enterprises. Likewise, Kunal Walia, CEO & Founder, Simpliwork Offices, observed a new trend towards flexible enterprise workplace providers. Finally, WeWork India announced a 17,000 sq ft expansion for flexible workplaces in Bengaluru for the US-based technology firm 3M’s Indian subsidiary.

Corporate enterprises are opting for flexible workspaces, slowly abandoning office settings even in a post-pandemic scenario.

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