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Suburb January 2019

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innovate to survive and remain competitive

over the long term, a co-working workplace

may provide the environment that fosters

fresh thinking and innovation.

Around Gurgaon

The number would be in hundreds,

including big and small co-working spaces

available in Gurgaon. Some premium cafes

also offer a place for individuals to work

from their premise. Along with basic

amenities, free Wi-fi, tea & snacks are part

of the package, all this at a very reasonable

cost.

Some larger setups offer a wholesome coworking

space that includes not just

state-of-the-art work amenities, but also a

greater amount of flexibility and instant

access to a Pan-India network of mentors,

investors and fellow entrepreneurs. So all in

all a stimulating work environment.

How profitable is the co-working

sector especially in Gurgaon?

Co-working is one of the most trending

sectors of the real estate market in India

right now. “Gurgaon is a place where

everyonefrom start-ups to MNCs are

present. Hence, the demand also varies.

Gurgaon witness the presence of local as

well as international players, where the cost

of per seat at co-working spaces starts from

INR 2,500 and goes up to Rs 50,000,” says

Nakul Mathur, MD, Avanta India who have

developed Avanta Park Centra at Sector

30, Gurugram.

The Demand Going Forward

Although co-working sector is currently at a

very nascent stage in India, with the evergrowing

number of start-ups in the country,

the demand for such spaces in only going

to grow. “In the current scenario, this

segment is expected to grow at an annual

rate of almost 30-40 per cent'' says Anuj

Puri, Chairman – ANAROCK Property

Consultants. s

January 2019 | suburb life 17

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