Smaller private offices can cost anywhere from Rs 80,000 to Rs150,000 per month.—COLABS
Reception hours are usually from 9 a.m to 9 p.m, but if members require additional hours at the office, co-working spaces are accommodating and keep the office open for them.
Members say co-working space is cheaper than renting their own office as in most cases you 'pay as you go', and more efficient in terms of dealing with basic problems like the internet, utilities and furniture. Moreover, being part of a community encourages them to feel motivated, embraced and fulfilled.
Curating a modern work experience Essentially, a break away from rigid, hierarchical structures of conventional workplaces, co-working spaces as we know them today are not just about a shared economy and managing resources, but rather, a modern and hip way of working for the digitally powered.
This modern work environment and a new way of working have not only attracted the younger lot but older professionals are increasingly warming up to the idea as well.
Older entrepreneurs with younger teams or part of remote tech companies see co-working spaces as the way to integrate productivity, engagement with an activity-based space plan, all within a progressive environment.
Omar Shah, co-founder and CEO of COLABS, says what sets co-working spaces apart is a focus on, "collaboration, communication and interaction, which is only possible in open-plan offices that don't just motivate your employees but also pushes networking and helps you foster growth, interaction, networking and community for your business."
Moreover, large global brands or multinationals are now opting to operate out of a co-working space, with cultures that support authentic expression and fast-paced prototyping. They are opting for a “startup culture”, where people are empowered and have the opportunity and tools to share ideas and thoughts regardless of roles, titles, or department.
Omar Shah, co-founder and CEO of COLABS, says what sets co-working spaces apart from serviced office operators is a focus on, "collaboration, communication and interaction, which is only possible in open-plan offices that don't just motivate your employees and is more beneficial for workers, but also pushes networking and helps you foster growth, interaction, networking and community for your business."
"And the only way to do that is to have a facility that can serve the needs of both, an informal flexible co-working space and through the assistance provided by service operators."
Shah's facility caters to freelancers, startups, small businesses, MNCs and large corporates with a roster of companies that work in diverse fields like design, AI, tech and education.
But more importantly, like other co-working offices in the city, his shared space has 'reconfigured the traditional workplace, to reflect the evolution of office culture and implement an environment which is more conducive to modern workflows.'
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