Co-working spaces to redefine office space

Co-working space in Hyderabad will continue to grow and are set to redefine the office space segment.
The city is witnessing top brands of co-working spaces coming to set up centres and offer completely new experience and our reports indicate this will continue to grow.”Mr. Arthur described co-working spaces are set to redefine office space real estate as the traditional method of calculating floor space per person becomes largely redundant.
Co-working spaces will redefine how you will work.
Explaining the trend, Knight Frank India Branch Director Samson Arthur said, “Hyderabad has seen pre-commitment of co-working spaces.
According to the Knight Frank India report India Real Estate, while the IT and ITeS share of transacted office space fell to 36% in H1 2018 from 51% in H1 2017, the other service sectors (advertising, media, consultancies and research) saw a 20% increase in the same period to 43% out of which co-working garnered 29% space.

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