Corporate office leasing moves at a rapid pace

Corporate office leasing moves at a rapid pace

 The real estate in India is booming with the coming up of many renowned companies and start-ups that are heading towards the metro cities to expand. There corporates are aiming at expansion and thus are investing in the commercial real estate market at a very rapid pace.

The companies are changing the way they work and of course that is also changing the trends of the work spaces that they are asking for. There is a demand for open workplaces with fewer cubicles, hot-desking, and areas for breakout session are pretty popular among corporates. Start-ups are opting for co-working hubs, and the service offices are gaining power. The owners of small offices are giving way to big corporate developers and the top notch corporate hubs aim to offer a perfect eco-system of office, retail, sports and leisure.

 The start-ups are smart enough to invest in an area that has connectivity and they start earning money from day one. So, it's more like a win-win situation for the real estate in India as this scenario is making more start-ups come up and buy space in the corporate hubs. The start-ups especially, are gaining a lot of popularity and is giving tough competition to the already existing and renowned organizations.  

 The companies are exploring a wide range of opportunities along with the co-working hubs in cities like Bangalore, Mumbai and Pune. Also, they are looking for areas which are convenient to the extent that they can work and live at the same place. Thus, giving an opportunity to the developers to show up their skills and construct something innovative for these companies.

It is very easy to be disbeliever now-a-days, the growth amongst the start-ups in the country is definitely a well-tracked story. Irrespective of the International Monetary Funds that are calling India a shining spot in the difficult times, say theta there is a lot to worry about in context to the real estate in India.

 Yet it is believed that there should be some flexibility in the economy which could be much broader, steadier and deeper. 2015 was definitely the best year for the corporate sector leasing in the country. The experts believe that the corporate office leasing is a good substitution to gauge how the Indian companies sees the future. And of course without any doubt it can be stated that the signals seem to be pretty clear.

Source : articlesbase.com