For over a decade the office space segment in India has undergone massive transformation. The trend has been shifted to flexible workspaces in place of leased spaces. With their vibrant ambience and a host of services without the hassle of long-term leasing commitments, flexible workspaces have become a full-grown segment in the Indian real estate market. Being home to several indigenous corporates & startups flexible workspaces have also become a rewarding avenue for the establishment of multinational companies in India.
As per CBRE’s Asia Pacific’s 2017 Occupier Survey, 64% of multinational occupiers plan to use some form of third party office solutions by 2020. Evidently multinational companies are betting heavily on flexible office spaces in India as a convenient mode of their business establishment. Let’s take a look at the key drivers for the increasing demand of office spaces in India: Continue reading “Why are MNCs Driving High Demand for Office Spaces in India?”