Why Coworking Spaces are in Demand in Bangalore

The demand for coworking office spaces has seen massive growth in the past few years. This increase in demand has caused a huge disruption in the traditional working environment.

Popular among startups, small businesses, freelancers, and entrepreneurs, this concept has gained momentum all over and has seen significant growth across all the major cities, Bangalore is one among the top.

As per recent reports, India is considered to be one of the leading countries in Asia with the maximum number of coworking spaces where Mumbai, Delhi, and Bangalore are the largest markets for shared office spaces.

Being the IT hub of India, Bangalore is considered to be the key marketing for almost every company in India. With various companies taking part in the race of opening shared office spaces in Bangalore, the Silicon Valley of India has witnessed the highest coworking transaction in the year 2018.

The high availability of flexible workspaces has made Bangalore one of the most preferred cities to set up startups as well as small businesses.

Being among one of the fastest-growing cities of India, Bangalore has an ample amount of scope for almost every industry. This city is home to numerous startups and small businesses.

Areas like HSR Layout, Indiranagar, Koramangala, Outer Ring Road, and Central Business District have the maximum number of shared office spaces. This city has also seen a shift in the preference for commercial property buyers.

The commercial properties on the main roads have limited buyers. Also, the increasing rentals of properties have forced buyers, especially the mid-segment, including the start-ups, to look for other options apart from individual outlets. This is one of the major reasons why Bangalore has witnessed a huge growth in coworking spaces.

Today, SMEs, start-ups, and freelancers need the flexibility of cost as well as their tenure that a traditional leased office space cannot offer.

Bangalore is seeing an increase in demand for coworking spaces because of the abundant opportunities that the city provides and also because the property prices here are less compared to other metropolitan cities, making it affordable for buyers.

Gopalan Coworks located at some of the prime locations across Bangalore provides affordable shared office spaces for businesses of all sizes. With outstanding amenities and seamless connectivity, these coworking spaces in Bangalore provides everything that your business needs.