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Showing posts from January, 2020

Shared Office Space Trends to Watch Out For in 2020

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Lately, coworking spaces have become very popular. Over the last few years, coworking spaces in India have seen tremendous growth and posed a challenge to the traditional office environment. India is the second-largest market for flexible working space in the Asia Pacific region, second only to China. According to a recent report, there are over more than 850 coworking spaces in India and most of these are situated in metro cities like Bangalore, Mumbai, Delhi, Chennai, etc. Initially, these types of office spaces were preferred by small businesses and startups, but now even large organizations are inclined towards shared office spaces for their affordability and business opportunities. Moreover, space is not limited to bigger cities, but small and medium cities like Jaipur, Chandigarh, Ahmedabad, Indore, etc. are witnessing the surge in coworking spaces. India is expected to gain an investment of around $400 million in the collaborative space segment. The demand for cow...

Factors Behind Increasing Shopping Centers in Bangalore

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India has seen speedy growth in the organized retail sector over the last few years due to increased population, rise in income, and increased standard of living. This gave birth to the shopping mall culture in India. According to the Global Retail Development Index 2019, India ranks 2nd among the emerging economies of the world and it is poised to grow at the rate of 18% for the next five years. Shopping malls provide a unique and entertaining shopping experience to consumers. Mall culture can be perceived as a change in the lifestyle of Indians, as shopping is not just buying things but also considered as a standard of life and a one-stop destination for all requirements. These are the most entertaining places for spending weekends to relax and shop. Cities like Delhi, Mumbai, Chennai, Bangalore, etc. have gained great economic impetus from malls and shopping centers. The rise in the number of shopping Centers in Bangalore city is the outcome of the quality of life...