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[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.
Here I have important INDIA real estate news to share with you which is as mention under.

Managed office space providers are sticking to their expansion plans even during the second
Covid wave, expecting an increase in demand as more cost conscious companies explore a
hybrid office model in the future and tier 2 and 3 cities offer new opportunities.

Companies like Awfis, Smartworks, ABLWorkspaces and MyBranch, Incuzpace say pan India
plans are on track and they are aggressively targeting tier 2 and 3 cities as majority of the
workforce has shifted to these places.

“Owing to the current work-from-home situation, many employees are operating from their
hometowns in tier 2 and 3 cities,” mentioned Amit Ramani, CEO and founding father of Awfis
and vice chairman at Indian Workspace Association. “Companies too are looking at
distributed workspace models that allow employees to work near home/work from anywhere
out of a professionally managed work set up. As a result, there has been a significant
upsurge in the demand for flexible workspace options in tier 2 and 3 cities with many
working professionals looking out for shared workspace options.”


Premium co-working space supplier ABLWorkspaces, which operates near 2,500 seats in
Delhi-NCR, plans to achieve 15,000 seats by 2021-22.

“Our aim is to identify the client first and then look for space for him,” mentioned Akshita
Gupta, co-founder and CMO of ABL Workspaces. “We have recently leased 250 seats to
Unacademy in Greater Kailashfollowing the same model.”




Read more at:
https://economictimes.indiatimes.com/industry/services/property-/-cstruction/unfazed-by-virus-office-space-providers-go-ahead-with-expansion-plans/articleshow/82802877.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

KAMA GROUP
New Delhi
Have a nice day

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