Surge in Demand for Coworking Spaces in Bangalore
A couple of days ago, I saw an interesting statistic above the headline in the Times of India1. It said coworking spaces in Bangalore now account for 32 percent of all the spaces in the country, more than Mumbai, Gurgaon, Pune, Hyderabad and Delhi.
Another Knight Frank report3 provides more details of the coworking revolution that’s in the making now.
Since 2010, the number of coworking spaces worldwide has grown by an amazing 3,050 percent, from 600 in 2010 to 18,900 now. The number of seats has grown from 21,000 to 1.7 million during this same period.
In India, you have around 200 companies running 400 shared office spaces across the country.
It’s a far cry from 2004, when Evoma opened as the first coworking space in Bengaluru. That first project of ours came about as an attempt to fill a need for flexible office space required by people who needed to commute long distances to reach their own offices.
Now we offer coworking spaces in each of our four business centers in Bangalore, mainly because the market demands it, and our own members also take up additional flexible space as needed.
“Evoma is flexible when it comes to planning our recruitment. In addition to our serviced office, we are also making use of Evoma’s coworking space in Whitefield.” – Abhisarika Das, KLOC
We’re bullish on coworking as the future of office space, but not in the shape or form it is today. In this video interview, Evoma MD Ashok Vohra, a thought leader and mentor in the Bangalore real estate and biotech sectors, lays out his vision for the future of coworking and flexible office space.
