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RISING PREFERENCE FOR MANAGED COWORKING SPACES

As per Amal Mishra, Co-founder, UrbanVault, multinational corporations are showing a preference for managed coworking spaces customized to their specific requirements.

BY Realty Plus
Published - Monday, 26 Feb, 2024
RISING PREFERENCE FOR MANAGED COWORKING SPACES

The demand for Grade A office space has surged significantly in the past 2-3 years, particularly driven by the establishment of Global Capability Centers (GCC) by numerous multinational companies in cities such as Bengaluru and Hyderabad, followed by Gurugram. These cities have become prime destinations for global firms seeking to expand their operations in India.

Interestingly, many of these multinational corporations are showing a preference for managed coworking spaces customized to their specific requirements and preferences, as opposed to traditional office setups.

We anticipated this growing demand and have proactively taken steps to address it. By providing tailored coworking solutions that meet the unique needs of multinational corporations, we aim to capitalize on this trend and continue to be a leading provider of Grade A office spaces in these thriving business hubs.

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