Mumbai is an expensive city and so is the real estate market. The real estate properties, especially the commercial office spaces in Mumbai are rated as one of the most expensive properties in the world. For example, the rent of a 1000 sq. ft. office in Mumbai is almost 2 Lakhs rupees a month. This is an enormous amount for a small office where hardly 10 or 15 people can sit. The same office in Kolkata will not cost you more than 80 thousand rupees a month. These figures provide a striking contrast between the real estate prices of both cities.
A good office set-up can help improve the creative ability of professionals. Even freelancers who prefer to work from home feel bored and unproductive due to lack of a professional environment. . For all these above-mentioned problems faced by the working sector, co-working is an ideal solution which allows them to socialize with different sectors and bring excitement to their professional life. It has become a major part of most of the modern entrepreneur’s journey.
The co-working environment spaces have shown a tremendous increase in customer satisfaction with this perfect working environment. It has created a groundbreaking revolution in the growth of many entrepreneurs and various other organizations.
There are various co-working spaces in Mumbai which are optimal for small businesses, startups, and freelancers who cannot afford their own commercial office. These spaces are used for numerous events from conducting interviews, business meetings to organizing events and workshops. These workspaces in Mumbai give professionals a chance to work independently or collaborate with others in the same and different fields helping them in the long run.
In such a city where the percentage of the working sector is very high, a lot of struggle is faced to find an appropriate space for offices and other work-related programs. This makes the necessity of co-working very high.