Companies are Leasing Larger Office Spaces
The ongoing pandemic has affected almost every industry sector and generally thrown life out of gear. With social distancing becoming the new norm, most companies are faced with two options:
- Work from home
- Provide larger office spaces
In some sectors, working from home with virtual meetings and online events is not always the best solution. Instead, companies are consolidating office spaces, thus providing larger work stations that encourage social distancing. Such companies are also giving up on their multiple smaller office facilities. Leasing larger office spaces is becoming the new norm with a number of techie companies, start-ups and some large conglomerates following this route of fewer, but larger office spaces.
Companies like Tata Consultancy Services, Paytm, Ola and CavinKare are already into the process of re-jigging their offices. This includes reshaping their space requirements and increasing the space per employee to around 120-130 sqft/per head. This will ensure social distancing and reduce high-density seating. It will also create an unprecedented change in corporate work culture (especially in the IT sector) which lays greater emphasis on interaction amongst employees.
Real estate experts are likewise witnessing a new trend with IT/ITES companies leasing larger office spaces. This will facilitate more cubicle space per employee and fall in line with social distancing norms. Demand is expected to soar for large tech parks that offer facilities such as regular disinfection and maintenance of buildings, thermal screening, visitor tracking as well as adequate parking facilities.
GAR Infobahn in Hyderabad, Telangana, is one of the largest integrated business parks. This unparalleled SEZ and Non-SEZ commercial project comprises of 23 towers with 25 floors of open-plan floor spaces. It offers 10 million sq ft of grade A scalable office spaces with more than a kilometer of road frontage. They are ideal for the current demand for larger office spaces as they offer meticulous floor plans with scope for seamless expansion. They are ideally located in Kokapet area, close to the financial district and 29km from the airport.
The facilities are managed by GAR Corporate Services Private Limited consisting of a group of widely experienced professionals. Strict COVID-19 guidelines are practiced here including provision of sanitizers and infrared thermometers at all entry points as well as regular disinfection of common spaces. Indoor Air Quality standards are compliant to ISHRAE Covid 19 standards.
To read more on office spaces and commercial real estate sector, visit our website: www.garinfobahn.com .
