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Over 13 million people estimated to operate out of co-working spaces in India by 2020: Report

The demand for co-working spaces or shared offices is gaining momentum across the country and as many as 13 million people, equivalent to current population of India’s Silicon Valley Bengaluru, are expected to work out of such offices across India by 2020. The demand for flexible offices including co-working spaces and serviced offices – is growing faster in Asia Pacific than anywhere else in the world. In India, the growth of flexible office space is expected to grow at 40%-50% this year, showed a JLL India report. By the end of the year, flexible workplaces in India are expected to attract investment up to $400 million.

Source : ET Realty