India’s co-working sector wants recognition under real estate, tax benefits as flexible workspaces aim for a significant revival in the post-COVID era

  • India’s burgeoning co-working space was almost handed a death certificate at the beginning of the COVID-19 pandemic. But as companies are now looking at flexible work options for their employees, co-working spaces in India have a chance at a bright future again.
  • And to turn the tides in their favour, the sector has a list of demands from the government with the upcoming Budget 2021.
  • At the top of their list of requirements is their need to be recognised within the real estate sector.

With 2020 becoming the year of ‘work from home’ becoming the new norm, commercial real estate and office spaces took a significant hit. And among them also lies India’s burgeoning co-working space, which was almost handed a death certificate at the beginning of the COVID-19 pandemic. However, as companies look to realign in the post pandemic era with flexible work options for their employees, India’s co-working spaces have a chance at rebuilding a bright future again.

“As companies look to resume business, redesigning and restructuring of existing real estate will pose yet another challenge; however, coworking spaces will be able to respond to design changes required post-COVID-19 quicker and more efficiently than traditional office spaces,” said

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