Those days are gone when nobody knows or have a little idea of what coworking means! But things have drastically changed now. Once only popular among nomadic freelancers, small business, and startups, coworking is now attracting large organisations in central Delhi, especially Connaught Place.

Since the location lies in the heart of the city, many startups and even corporate giants started choosing a coworking space in Central Delhi. With seamless connectivity, sky-high buildings, nearby facilities, the location is home to many renowned companies and even startups looking to gain a strong foothold on the market.

In this post, we’ll discuss the list of reasons behind the growth of shared spaces in Central Delhi. Let’s look at them.

• Rise of Small Businesses: One of the factors that lead to an increase in the growth of flexible spaces is the rise of small businesses with 30 workers or less. Since newly opened companies cannot afford to pay hefty rent for traditional offices, they tend to choose coworking instead. Also, choosing a coworking space in Connaught Place will let you reap benefits like prestigious business address, excellent connectivity, and nearby amenities such as pubs, restaurants, bars, shopping complexes, banks, ATMs, and many more.

• It Could Survive Downturns: Unlike traditional offices, a shared space can survive a downturn. Since there’s a diversification of tenants and services, it would lead to more growth in the independent workforce looking for cost-effective shared spaces.

• Increase Employee’s productivity: Since a group of talented and experienced employees is working under the same roof where you can resonate ideas, this will help stimulate collaboration. When you’re having a coworking space in Central Delhi, you’ll likely to interact with like-minded individuals who might provide you with innovative ideas, ultimately increase employee productivity at work.

Conclusion

Undoubtedly, coworking has emerged as the primary growth driver in the office space market. From a prestigious business address to the state-of-the-art technology, there’s a huge demand for shared office space in Central Delhi.