2018 stars on a fresh note for the businesses. Conventionally, businesses pick up after the Diwali, Christmas, and New Year get over. But this year, commercial real estate shows delight to the investors as well as other innovative real estate sectors - like Coworking space in Ahmedabad.
There is a huge jump in commercial real estate sales, mostly office spaces in 2017. Only Ahmedabad has seen 53% growth, from 9.5 lac sq feet in 2016 to 14.6 lac sq feet in 2017. One of the reasons sought after this rise is quality spaces at competitive rates. Expansion of city and businesses willing to move in new areas, better workspaces, is yet another reason. Of course, the entrepreneurial Ahmedabad is not just becoming a fast-growing business landscape, but also attracting business people from outside Ahmedabad, Gujarat, and India to invest and run businesses in Ahmedabad.
According to Knight Frank, despite vacancy levels going up in 2017, demand is going to remain strong from different sectors and the office space market will be on an upward trajectory.
Uncubate Coworking space completed 15 months in operations and we have learned that the way businesses consume office spaces is changing drastically. There are new categories of customers who are added into this market who are going to consume the commercial spaces despite being individual professionals and freelancers. Small businesses are approaching businesses smartly and taking risks. Workspace is no more overhead for the young entrepreneurs and they are having a larger vision for their businesses.
Coworking spaces in Ahmedabad are going to be benefited too because of these changing dynamics. Uncubate has the vision for creating engaging and innovative spaces and creating value for businesses & entrepreneurs.
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If you are looking for Coworking space in Ahmedabad - call us on 98258 04840.
Credits: DNA India