A New Trend in Indian Real Estate: Integration of Coworking Spaces in Housing Developments

The Impact of Coworking Spaces on Residential Real Estate in India

The integration of coworking spaces in housing projects is an emerging trend in India. Coworking spaces in housing projects are addressing the demand for workspace solutions in India as more citizens increasingly work from home. Industry reports indicate more than 60 percent of Indian professionals prefer hybrid work models, and real estate developers are responding to their demands by developing residential coworking hubs in Indian cities like Bangalore, Delhi-NCR, and Mumbai.

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This trend also addresses post-COVID housing needs in India because most urban apartments are extremely limited in space. Furthermore, coworking spaces in affordable housing projects in India represent premium experience amenities like high-quality meetings and conference rooms, 24/7 accessibility, and a collaborative environment to middle-class buyers, which further increases the attractiveness for buyers to buy into these developments.

Anuj Puri, Chairman – ANAROCK Property Consultants states, “Offering coworking spaces as an added feature in residential or mixed-use developments is a timely notion… developers can make on-premises coworking spaces a USP and market their product accordingly.”