In an increasingly digitally connected age, the location of your office is more critical than most realize. While there is a general shift towards working from home and remotely, the importance of workplace environment and communities is rising.

For most companies, office space is one of the major expenses. It’s also an area where it’s easy to find yourself overstretched in terms of budget.

In today’s economic flux and fluctuating business landscape, the need for companies to be agile is critical when it comes to capturing growth opportunities whenever and wherever they arise.

Many businesses these days are opting for managed office spaces, customized offices, private offices, and co-working spaces over traditional leases with landlords.

Real Estate as an Outsourced Function: Outsource Your Entire Lease to a Managed Office Player

The future of work is the managed office space and co-working space. Co-working spaces provide an all-in-one facility for all kinds of businesses. Even if you’re looking to cut investment costs on your lease, an open office setup and managed offices offer many advantages over traditional set-ups. They save you the effort of setting up an office from scratch and offer a multitude of amenities and services that you can opt for.

In India, where real estate prices in viable commercial locations in major cities have been skyrocketing, co-working spaces offer a clear alternative for businesses looking to cut costs without compromising productivity.

When co-working spaces first came into the scene, they were mainly seen as shared workspaces for freelancers and entrepreneurs working from home. That’s no longer the case. Modern co-working spaces for enterprises are designed to provide a sophisticated, comfortable and corporate experience to start-ups, MSMEs, SMEs and professionals.

Good businesses know that there is more to productivity than the employee’s salary or longer, regimented working hours. The happiest workers are the ones that are most efficient.