Key Takeaways:

• Despite facing some turbulence since 2020, CRE industry’s future looks bright due to multiple factors including India’s recovering economy, real estate sector bouncing back in record time, massive vaccination drives and gradual easing of lockdowns. Technology and health will play a huge role going forward and CRE needs to embrace innovative tech-enabled solutions so that the new age workplaces are built around employee well-being and safety.
• Covid brought about a paradigm shift in the commercial real estate. Occupiers ranging from large multinationals to fast growing start-ups have realised the merits of partnering with flex workspaces to benefit from the agility, flexibility and sustainability that these spaces offer both in terms of business sense as well as employee experience.
• With Hybrid working here to stay, flex workspaces have become even more appealing for start-ups with a distributed and hybrid workforce enabling them to establish an efficient workplace strategy that is focused towards employee convenience and productivity outside of the stringent back to office regime.