The Concept of Serviced Office Spaces is Gaining Popularity

Harsh Binani
3 min readSep 14, 2023

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Since the past decade, the idea of shared office space has become quite popular among enterprises. With the startup ecosystem on the rise, there is a huge demand for robust workspace. Business entities seek a professionally managed commercial facility from whom they can obtain a workspace in flexible terms. Based on the organizational requirements the idea of serviced office spaces is gaining momentum. From the entrepreneurial point of view, it is a valuable investment. Going forward, we will discuss the advantages of leasing managed workspaces.

Office Spaces — Smartworks

Getting Office Space at Premium Locations

The managed office spaces are located at commercial hubs that are easily accessible via public transport and well-developed road networks. Along with this, the enterprises who lease office spaces in appropriate locations can gain access to market space in their locality.

Flexible Lease Terms

When companies lease traditional office space the lease terms tend to be lengthy ranging from 3 to 5 years. But with managed office spaces comes flexible lease terms. This provides ease and convenience to enterprises. With the growth of business, enterprises can expand their workspace easily by renting larger office spaces that come with simple terms.

Office Space with Ready to use Amenities

Businesses of every domain look for a workspace that is packed with essential amenities that fulfil their business needs. By leasing managed office space businesses can have amenities such as Conference Rooms with Video Conferencing Capabilities, Meeting Room, Fast Internet, Secured Network Infrastructure, Functional Cafeteria, Wellness rooms, and RFID Access Cards for Employees. Entrepreneurs have the leverage to get the amenities that they find appropriate for their office space. This ensures that businesses have a furnished office space that is already set and hence they need to worry about getting essential equipment in office space.

Find out more: Managed vs traditional office spaces | Unusual Suspects | Harsh Binani

Ample Opportunities for Networking

For businesses, it’s important to gain resourceful contacts. Having a managed office space helps in professional networking. The platforms that provide flex workspaces regularly organize interactive events where enterprises of different domains participate, thus it serves as a platform where professionals from different fields interact and get to know each other. It would eventually lead businesses to collaborate for professional mutual benefits.

Availability of Managed Office Spaces in India

In 2023 prominent institutions such as the IMF and World Bank have hailed India as a bright spot in the world economic scenario. Likewise, enterprises all around the globe have realised the significance of having an office space in India. Moreover, India has a thriving workspace culture and ecosystem, and the flex office space providers offer customisable workspace solutions to businesses who are looking for a suitable managed office space in major commercial hubs in India.

Conclusion

If you are looking for an office space that would assist in the growth of your business, then leasing serviced office spaces is essential. As it is evident that the concept of a flex office space has gained prominence, there are several platforms such as Smartworks which provide robust workspace for businesses. For instance, businesses can lease flex spaces of Smartworks that are available in 50+ locations in 13 cities. Enterprises can certainly find a serviced workspace that fulfils their organisational needs and suits their budget.

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Harsh Binani
Harsh Binani

Written by Harsh Binani

Harsh Binani is the co-founder of the largest flex space provider Smartworks. He joined Smartworks in 2017, with a slew of new ideas. harshbinani.com