Coworking spaces in Mumbai are punching way above their weight as the city is buzzing with tech-oriented startups, fledgling service Unicorns, and independent freelancers. The relevant claim is supported by a Coilers International report that says that over 1 million sq ft was alone leased in 2019 in Mumbai. While this segment has recently become a buzz word in the Maximum City as well as in other major cities in India.
Let’s understand how this relatively new concept is gaining popularity in the city :
Affordable
Being the king of real estate, Mumbai is handsomely plagued with out-of-budget office spaces that require magnanimous capital lock-in and operational costs. Opting for a coworking space in Mumbai or anywhere else just works under the same agreement you’d have with a flatmate. A coworking space splits the cost of the office among all its workers, and since you are renting only one space. Rentals range from Rs 3000 to 15000 depending upon the location makes it the very best option as the cost turns out to be 30-50 percent cheaper than any conventional office space.
Potential of Networking
Gone are the days when Cafe Coffee Day chains (CCD) in Mumbai used to be the hosting venues for any business deals. As the name suggests, the concept of coworking spaces is perfectly curated for collaboration or holding work-related meetings. It doles out ample opportunities to network efficiently. Any best coworking space in Mumbai also allows individuals to meet from a myriad of sectors and help build valuable connections.
No Administrative Hassles
No need to buy equipment! No need to pay maintenance! No need to pay for property insurance! Since office maintenance and repairs are the jobs managed by the host itself, it bars users from any administrative costs and other indulgences.
Huge demand from Startups
The best coworking space in Mumbai is beneficial to startups, as Mumbai is one of the global corporate hubs that contribute to the segment’s demand. Any coworking space host incubators and accelerators that promote the start-up activities, giving the much-needed appeal.
Class Amenities
Any standard coworking space offers high-speed WiFi, meeting rooms, onsite staff, unique common areas, parking, phone booths, and stocked kitchens. What makes it class apart is the unique features like service animals friendly, access to outdoor space, mother’s room, recreational space, fitness center, and much more. Thus giving you all you need without shelling out a single dime!
If you’re an independent freelancer, solopreneur, or looking forward to launching your own business, take note of all the aforementioned points, as any coworking space in Mumbai or elsewhere will help you save a ton of expenses and invest them in your resources rightfully.
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