Business



Coworking Space Fails to Attract Large MNCs Despite Lower Rentals

On an average, coworking spaces offer a substantial price difference of 15% over traditional spaces in the top cities. While Pune offers the maximum cost advantage of 33%, Gurugram in NCR has the least at 6%. While start-ups and budding entrepreneurs make a beeline to coworking spaces, large corporates remain wary of depending on them for their expansion. This trend is quite contrary to what is witnessed in developed European nations.



India’s Commercial Spaces Continue To See Large Investment Inflows, Rising Rentals And Falling Vacancy Levels

India’s commercial real estate (CRE) sector continues to hog the headlines. Even as the residential market continues to struggle, commercial spaces continue to see large investment inflows, a steady rise in rentals and falling vacancy levels – all backed by extremely robust demand. To this contrasting backdrop of asset classes, a significant trend being seen in the commercial office space is the growing popularity of strata sales with both investors and developers.



Is India Inc Cracking the Gender Diversity Code?

The importance of gender diversity in the workplace is a pretty well-accepted fact now. While more and more companies are addressing the need to bridge the gender gap in their respective businesses, there are many instances where gender diversity has remained a ‘buzzword’ with only nominal lip-service paid to the urgent and current need for a diversified workforce.




Real Estate Could Be Key Contributor To USD 5 Trillion Economy

As the second-largest employer and a major contributor to the country’s GDP, the real estate industry is one of the Indian economy’s strongest pillars. It cannot remain a neglected stepchild – it must become the apple of the government’s eye. A convincing revival of the Indian real estate sector is essential for the economy to move out of its current slow phase and achieve the mammoth targets – Housing for All by 2022 and making India a $5 trillion economy by FY 2024-25.