With a thriving start-up ecosystem aided by the Modi Government\u2019s efforts to create an enabling environment for entrepreneurs across the country, demand for co-working spaces has been rising in recent times. Among the main drivers of this phenomenon are the increasing number of freelance professionals and consultants in today\u2019s globalised workforce. Also, co-working business centres are in great demand with corporates looking for flexibility in work locations.<\/p>\n
The Delhi National Capital Region (NCR) is definitely among the more prominent regions witnessing this global trend. In 2016, the number of co-working spaces in Delhi NCR was more than 30. This year, it is expected to go over 40. There are currently more than 2,500 seats available across different micro-markets in the NCR. The average occupancy share of co-working office spaces across NCR is about 70%-75%, but will go up once the recent seat additions in most micro-markets are leased out. Of all micro-markets, CBD Delhi has the lowest vacancy in this segment, at 8%-10%. All other micro-markets have vacancy levels in a range from 20%-35%.<\/p>\n
Read more:\u00a0CNBC Moneycontrol<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" With a thriving start-up ecosystem aided by the Modi Government\u2019s efforts to create an enabling environment for entrepreneurs across the country, demand for co-working spaces has been rising in recent times. Among the main drivers of this phenomenon are the increasing number of freelance professionals and consultants in today\u2019s globalised workforce. Also, co-working business centres\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,10],"tags":[163],"class_list":["post-1311","post","type-post","status-publish","format-standard","hentry","category-city","category-delhi","tag-co-working-space"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1311","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=1311"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1311\/revisions"}],"predecessor-version":[{"id":1312,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1311\/revisions\/1312"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=1311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=1311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=1311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}