With varied expertise in finance sector, Shouvik is a Director of Finance with a demonstrated history of working in the executive office industry

Mandal brings more than 20 years of professional experience and has expanded Apeejay Business Centres across India in two years covering cities like Kolkata, Mumbai, Del-hi, Gurgaon, Chennai, Hyderabad and Pune.

The future of work is bringing down the concept of office space to serviced office spaces due to an increase demand of start ups, I.T sector with better connectivity ,hospitality industry or be it service business who are looking for open collaborated work spaces. It fosters creativity and helps create an entrepreneurial mind set. Offices are no longer about the formal corporate look or the standard repetition. It allow people to create ideas together and offer a variety of experiences with a casual feel about it. The stylish hybrid environment, privacy, mobility and technology lead to increase in productivity and creativity significantly. The networking among individuals have opened an avenue for women entrepreneurs to grow in large numbers.

Advantages: An open space office or collaborated work space makes it convenient for the employees to interact with each other on a regular basis improving workflow, better communication, collaboration and speed of work enhancing community building. An open layout of flexible workstations can benefit the business economically by reducing the costs tied to construction, utilities, and office equipment reducing the operational costs like rent, receptionist, housekeeping, recreational facilities, security, furniture cost, maintenance, IT etc.

According to real estate services firm CBRE, the global average utilisation of assigned seats is 60 percent, excluding vacant seats, while the global average meeting room utilisation is just 30 percent

Coworking spaces are an ideal option for work from home/ freelancing females in India. These shared work spaces provide ample benefits and immeasurable opportunities to grow. Infact many house-wives in India consider the vast provisions it offers under one roof in terms of networking is concerned.

In India, startups and businesses are still dominated by men. With opening of shared serviced office spaces all women co work, we will take a step further to empower women. This will motivate more women to come out of their houses and start working on the projects they could not before. This initiative will help women showcase their talent and increase their confidence in workspace.

According to real estate services firm CBRE, the global average utilisation of assigned seats is 60 percent, excluding vacant seats, while the global average meeting room utilisation is just 30 percent. According to CBRE, the next few years, with office rents continuing to move up across India, the total space leased by co-working operators in tier-1 and tier-2 cities could touch 6-10 m sq. ft. by 2020.