Pune: City needs more co-working space to adjust to new culture of WFH

Pune: Post lockdown, the city saw a gradual rise in demand for co-working spaces. In the last couple of months, work from home became a new norm. People are still adjusting to the new normal post lockdown i.e. wearing a mask, sanitizing hands, and most important maintaining social distancing. Similarly, work from home (WFH) is now the new norm.
The demand for co-working spaces in Pune gradually increased post-lockdown. Some co-working spaces owners believe that people come to their cafes or studios only if it’s necessary to them, like if their internet is not working.
The occupancy in all the five branches in the city Coworks’s before the lockdown was around 95 to 100 percent, which now has reduced to about 30-40 percent. They get around 30 inquiry calls out of which only some workout. The company owner said- “we are hopeful that the situation will get much better by March, with news around the vaccine and international market beginning.” Start-ups have shifted to either work from home or looking into co-working spaces, as several of them lost their previous ones due to financial troubles. Employees from medium or large-scale companies are higher in number, and thus the increase in co-working spaces is high, there is more negotiation when it comes to the packages, as the pandemic has been very hard on every industry.
The demand for private cubicles and cabins is among top choices, conference halls, and meeting rooms are much in demand due to virtual mediums. Moreover, it has been observed that apart from individual players like freelancers and remote workers, employees of medium-scale companies are also looking at co-working spaces.
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