What ? A co-working space is a shared office environment where people from different companies or with no company affiliation (freelancers) come to work. It's like a mix of a traditional office and a coffee shop workspace, but with more structure and professional amenities. Importantly, however co-working makes the possibility of having an office / workspace at an affordable price.
And how is that?
Think of it this way, in Mumbai students and professions come from different parts of the country and need a place to rent out - like a paying guest. However, as the rental and living cost in Mumbai is the most expensive in the entire country [Read; Sarkar (2023)'Mumbai retains top spot as India's most expensive city for accommodation rentals: Mercer', Economic Times online] a practice of sharing the apartment with other individuals with similar requirement is commonly seen. By doing so the cost of renting, maintenance, bills, etc is shared with another individual/s bringing down the expense borne per person and therefore making it much more affordable.
Similar is the concept of co-working making the possibility of having your own office space much more affordable by sharing the space and amenities with other professionals. However, co-working is a step further than a shared rental model, in that the entire office set-up including furnishing, electricity, internet, service staff, beverages, etc are taking care of and inclusive of the price. So the only thing that you need to focus on is your work.
If you are starting out your own business or are a freelancer providing service or even a small scale company / agency a co-working space is the best option for you - it is the future of working!.
Find your own work place in Mumbai -
Hour Space: Designed with great attention to detail and curated for creative individuals, this beautiful and surprisingly afforable co-working space is a must look www.hourspace.in.
Read more at:
https://economictimes.indiatimes.com/news/india/mumbai-retains-top-spot-as-indias-most-expensive-city-for-accommodation-rentals-mercer/articleshow/100812897.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst,and share that apartment with other individuals so as to bring down the cost of
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