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Smartworks: Transforming India’s Managed Spaces

SmartWorks: Transforming India's Managed Spaces" Recent years have witnessed a significant transformation, with the proliferation of flex operators rapidly emerging. Expanding beyond the traditional concept of co-working, the commercial real estate (CRE) industry in India A new standard has emerged within the flex of 2023,

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which can be attributed to the capabilities of managed office solutions that provide versatility, scalability and customization, according to a recent report on the space market, the operational footprint of managed space operators That will increase tenfold compared to 2018 figures to about 15 million sq. ft. by March 2023. Meanwhile, as both coworking and hybrid players have increased operational flexibility, the stocks have experienced declines in their respective shares. .