The commercial office space market in India is witnessing a enormous change in 2020.
THE DEMAND FOR COMMERCIAL OFFICE SPACE PROPERTIES IS MOUNTING UP DAY BY DAY. THERE IS A HUGE POTENTIAL GROWTH IN END USERS AND INVESTORS ALIKE. earlier the government retired personale use to put their providend fund money into banks but now they are investing it as the commercial properties are offering good returns along with assured rentals.
After Make In India Program, it is really happening that India is becoming one of the biggest destination for investments. The G.D.P of India is highest among the world for the 2018. Today everyone is eagerly looking to ace up their investments in the commercial real estate market.
LISTED HERE BELOW ARE SOME TRENDS THAT ARE FRUITFUL IN SHAPING THE COMMERCIAL OFFICE SPACE MARKET IN 2020:
- Emerging trend of Co-working places managed by Multinationals and Indian Players:
The days are gown when co-working or shared workplaces were only looked upon by the start-ups and Small companies or those who just want to put an address on their website. Today there are many multinationals and indian players that are providing high end office space services in Co-working place.
The perks of superior infrastructure, flexible work environment, Pantry, cleaning services etc are playing wonders. Moreover, it also has the advantage of reducing their operational costs. Due this many bareshell commercial spaces are now seeing occupancy.
- Role of Technology:
The latest technology-powered office solutions are the game changer for the Indian corporate real estate sector. This new trend of having robot receptionists, wireless AV systems, parking services based on apps, intuitive meeting rooms are driving the future growth of commercial estate in India. These technological innovations are propelling the corporate world.