It’s not just start-ups: medium and even large firms in the city are now embracing the concept of co-working spaces.Founders of five different co-working spaces in Chennai said that earlier, it was predominately the start-up crowd that came hunting for space here but now even retail, manufacturing and logistics firms are knocking on their doors, seeking space. Cost efficiency, diversity, networking and good infrastructure are some of the reasons why various sectors are queuing up at co-working spaces in the city.According to estimates from analysts who track the real estate market in Chennai, there are over 80 co-working spaces spread across the city. Even tier two towns like Coimbatore and Madurai are slowly embracing the concept and are opening up available spaces for co-working.“In 2020, small to big corporates in Chennai will look at co-working as office space options. We are also focussing on building a complete ecosystem for the client to grow,” said Gurbinder Rattha, founder and managing director, Workafella. Workafella, which has one of the largest co-working spaces in Chennai, is now looking at adding new centres in the OMR belt.Vijay Anand, CEO and founder of The Startup Centre, said, “There is a shift in the co-working model… Read full this story
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