Co-working spaces are changing again

Co-working spaces are changing again
10/09/2018 , by , in News/Views

Even in the few years that they’ve been around, coworking spaces have changed and changed again. They’ve gone from the café model to the high-tech office model, low-cost to extremely high-cost options. And now, they’re also moving into malls and five-star hotels.

Awfis now has centres at the Taj Deccan in Hyderabad, Nucleus Mall in Pune and Raghuleela Mall in Vashi. The Hive is setting up spaces at shopping centres in Gurugram and Pune and malls in Mumbai, Chennai and Hyderabad. And the Luxembourg-based International Workplace Group (IWG) has seven centres in shopping complexes across Delhi-NCR, Bengaluru, Hyderabad, Jaipur and Chennai.

The aim is to provide integrated work ecosystems where you can work, eat, drink and shop, while also providing additional footfall for the spaces themselves.

“There are several perks in having workspaces in malls and hotels. You get everything in one place — a desk, a movie, shopping at the stores and food from the food court. We also get in-built security services and maintenance taken care of,” says Ankit Samdariya, CEO of The Hive. Rents are lower in malls that have unused spaces. “You also get ample parking,” Samdariya adds.

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