{"id":110,"date":"2016-02-20T14:33:48","date_gmt":"2016-02-20T09:03:48","guid":{"rendered":"http:\/\/www.propstack.com\/news\/?p=110"},"modified":"2016-02-24T15:20:54","modified_gmt":"2016-02-24T09:50:54","slug":"startup-companies-like-flipkart-snapdeal-consolidate-their-operations-into-single-office-to-save-on-costs","status":"publish","type":"post","link":"https:\/\/www.propstack.com\/news\/startup-companies-like-flipkart-snapdeal-consolidate-their-operations-into-single-office-to-save-on-costs\/","title":{"rendered":"Companies like Flipkart, Snapdeal to save on office space costs"},"content":{"rendered":"<p>The share of ecommerce firms taking up office space in the leading cities rose from 2% in 2014 to 6% last year, CBRE said. Currently, Bengaluru leads in rentals and leases by ecommerce companies, followed by Gurgaon and Mumbai, according to CBRE.<\/p>\n<p>Startup companies like Flipkart, Snapdeal have consolidated their operations into single office to save on costs.\u00a0According to industry experts, a company can save as much as 25% of operational costs by simply rationalising office spaces, which usually is\u00a0a shift to the suburbs or the outskirts of city.\u00a0Flipkart has signed a 2 million sq ft office deal with the Embassy Group in Bengaluru,\u00a0to bring its various offices spread across Bengaluru under one roof.<\/p>\n<p>Read more: <a href=\"http:\/\/economictimes.indiatimes.com\/small-biz\/startups\/startup-companies-like-flipkart-snapdeal-consolidate-their-operations-into-single-office-to-save-on-costs\/articleshow\/51062389.cms\">Economics Times<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The share of ecommerce firms taking up office space in the leading cities rose from 2% in 2014 to 6% last year, CBRE said. Currently, Bengaluru leads in rentals and leases by ecommerce companies, followed by Gurgaon and Mumbai, according to CBRE. Startup companies like Flipkart, Snapdeal have consolidated their operations into single office to\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.propstack.com\/news\/startup-companies-like-flipkart-snapdeal-consolidate-their-operations-into-single-office-to-save-on-costs\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,13,11],"tags":[104],"class_list":["post-110","post","type-post","status-publish","format-standard","hentry","category-city","category-companies","category-others","tag-office-space"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=110"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/110\/revisions"}],"predecessor-version":[{"id":111,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/110\/revisions\/111"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}