Awfis: Go ‘awe’ over this place | The Hindu

11 May 2017

Awfis: Go ‘awe’ over this place | The Hindu

  • The Hindu

Apart from its unconventional location, Awfis at Hyderabad appeals for its quirky interiors and a host of benefits for members

In an area that you would least associate with co-working spaces and anything industrial, Awfis made its presence felt at E-floor of Taj Deccan this February. Spread over 7000 square feet, comprising 167 work stations, the unconventional hotel setting is a welcome change for a mundane office goer. With its branches spread across the country at Mumbai, Delhi and Bengaluru, an impressive colour palette featuring warm and bright hues including blue, purple, yellow, orange, red and maroon on their furniture runs across as a theme even in the other centres. What impresses the most are the one-of-a-kind chandeliers (sourced from Delhi) across most workstations and cabins.

A unique aspect of this office space is its maze-like setup, with no common entrance. The workstations are divided into several blocks across the same floor and it’s easy to feel lost among the entrances. Most of the meeting rooms feature extensive graphic art and a bunch of inspirational quotes (ideal for a startup atmosphere) like ‘Innovation is the only way to win’, ‘I don’t need alarm clock, my ideas wake me’ on the doors. Members of Awfis can pre-book the meeting rooms (equipped with HDMI-enabled television sets); otherwise an average five-seater is open for use at a nominal cost of ₹ 500 per hour.

The sprawling common reception area between various ends of the office instantly attracts attention. A sense of calm envelopes you at a space that leads to the terrace, offering you an unparalled view of the greenery at Taj Deccan. The absence of the conventional bustle of a busy main road is a true value addition to this space. Since seating is flexible, startups/freelancers can choose to request for a particular workstation/cabin. Based on the firm that’s willing to rent a space, the design of the spaces can be altered too. A section of the office space transforms itself into an event zone, if the need arises. A pantry will make its presence felt at Awfis soon.

From firms in real estate sector to the banking sector to online portals and freelancers, many have enrolled in Awfis with much happiness.

Shashikanth, a co-founder of an online portal Grabyourjob has already hired his staff from a network of clients at Awfis. “From startup, investment events to special benefits at venues like Hard Rock Café besides portals like Bookmyshow and Oyorooms, Awfis does a lot more than offering office spaces,” its community manager Chaitanya Reddy informs us.

Another branch of Awfis comprising over 500 workstations will open at Gachibowli soon.


Where: Taj Deccan, Road number 1, Banjara Hills

What: Co-working space

Area: 7000 square feet

Cost: Starts at ₹ 350 per workstation per day

(This Awfis coverage appeared on April 26, 2017 in Metroplus – The Hindu. You can read the story here: )

Betting big on workspaces

18 March 2023

Betting big on workspaces

  • Posted by Awfis Editorial

Flex space providers promise premium and uniform services to companies across multiple locations as business models evolve post-pandemic

The pandemic disrupted the dynamics of the workplace at a global level. Most places have now adapted to the new norm and are slowly shifting to flex spaces. As per latest reports, the office realty market has witnessed a robust growth trajectory as the gross leasing volume (GLV) across India’s key cities have reached 55 million sq.ft. as of September end and is expected to touch nearly 68 million sq.ft. With this high demand trajectory, flex spaces have accounted for 20% market share of the total office leasing reaching 12 million sq.ft. by the end of 2022.

Companies are now actively changing their workspace strategy to accommodate shifting workforce preferences. Businesses of all sizes are looking for real estate that is adaptable to their needs while minimising investment risks and are betting big on agile workspaces. The demand for flex spaces has skyrocketed as business models evolved with the adoption of hybrid work modules, thus making flex work providers their one-stop solution.

Quick service real estate (QSRE) is the new era of the world where facilities are at the tip of your fingers. Earlier, for companies to even think of setting up an entire new workspace on a just-in-time basis was an unimaginable task. Keeping in mind the various aspects, organisations would require a minimum of six to 12 months to set up an all-encompassing workspace, at a new location. Teething issues such as dealing with multiple stakeholders — space owner, design and build firms, statutory authorities, and FM agencies — made life too complex for fast-growing organisations.

This is where these new-age, agile, flex workspaces come into the picture to solve the need for quick and hassle-free offices that provide Grade A services. In the large spectrum of flex spaces, coworking could be fitted in easily thereby making it possible for even one person to work for just a day. Coworking is a flexible workspace that is not limited to freelancers and startups. It only reduces occupancy costs and fosters collaboration.

Flex space providers offer distributed workspaces that are guaranteed to provide premium and uniform services to companies across multiple locations. These just-in-time space providers have enabled businesses to efficiently accommodate not just the new world requirements but also provide the employees with appropriate workspace requirements, as a matter of fact, quickly. To better understand, let’s dive deep into the concept of QSREs.

Complete package

As we see the world changing and business models evolving into a fast-paced ecosystem, it is safe to say that flex spaces are the future of the real estate industry. With seamless services, along with the ability to provide office space, meeting rooms etc., on demand, coworking spaces are providing their occupiers with the complete package. Even if a company is based out of Mumbai or Delhi, it can operate out of Indore or Jaipur with just a click of a button. Flex space providers have made the process of being able to book a Grade A workspace in a matter of few minutes, the new advanced reality.

This has led companies to rely on flex spaces as it caters to their needs of reduced capital expenditures, testing new models of working in a changing environment, and entering new markets as talent migrates.

With companies across all industries and departments continuing to grow, providing diverse workspace across geographies to cater to the distributed workforce is the need of the hour. A distributed workforce is dispersed over a wide area enabling seamless remote work. Flex space arrangements are helping these corporates to be able to support an increasingly mobile workforce and bolster organisational agility with quick solutions.

Company convenience

The solutions and services offered by coworking spaces — where workers from different backgrounds come together to share expertise and explore new ideas thereby increasing the chances of like-minded people engaging in business development — will enhance the convenience of accessibility, and the ability to work from near home for employees and to procure talents across regions. In addition, flexible workplaces are becoming the norm as it allows companies to reduce commute time for their employees and offer them great freedom and convenience, thus leading to higher retention rates.

Consistency of service

Companies across industries are staunch believers of consistency along with the consistency of premium quality outputs. This concept was brought into reality by Quick Service Restaurants like McDonald’s, Subway, Starbucks and Burger King among others.

By offering pre-made food that requires only last-minute preparation, QSRs have tapped on speed, price and convenience. Following their footsteps, the flex space industry has brought that aura into the world of real estate giving companies consistent premium quality of services. With these standardised offerings across all centres and diverse geographies, the shared workspace industry has established itself as the most conducive model for most organisations.

Large network

The flex space industry offers a multitude of benefits, one of them being the vast network of workspaces. The industry is flourishing, and most leading flex players are expanding their footprints all over the country. Shared workspaces are redefining the modern workspace with their presence across metros and a host of tier II cities. With this, companies can ensure their employees can focus on driving their business forward by working from any of the flex space centres across major micro markets. Allowing employees the choice and accessibility of a five-minute driving radius to their closest centre, therefore, leveraging work near home.

In tier II cities, flex spaces are likely to grow more than two-fold to 5.5 million sq.ft. by the end of 2022 as per the Colliers-Awfis joint report.

With QSRE models paving the way forward, organisations have found an ally in which the industry fits their requirements. It has enabled employees and enterprises to be part of a collaborative, innovative, and responsive space incorporating the occupier’s ever-changing preferences. With India’s workforce on the rise, flex workspaces in the coming years are expected to have even higher growth prospects with increased demand and new trends.

This story appeared in the 28 October, 2022 issue of The Hindu and was originally published at: Betting big on workspaces

Co-working space provider Awfis opens its seventh centre in Chennai

10 June 2022

Co-working space provider Awfis opens its seventh centre in Chennai

  • Posted by Awfis Editorial

Awfis Space Solutions Pvt Ltd, a co-working space provider, has launched its seventh centre in Chennai at Prestige Metropolitan on the busy Anna Salai.

Spread across 45,000 sq. ft., this space will have over 650 seats. This particular co-working space is part of Awfis’ premium workspace offering called Awfis Gold which aims at tapping the premium segment by offering unique workplace experience.

“We entered the Chennai market two years ago with around 1,000 plus seats. And currently we have around 6,000 plus seats,” Amit Ramani, Founder and CEO, Awfis, said during an interaction with The Hindu. “For the seventh centre, we are in advanced stages of discussion with clients from IT/ITeS, e-commerce, supply chain and health and wellness sectors,” he added.

The live centres in Chennai in micromarkets of Nungambakkam, T. Nagar, Chetpet, Guindy and OMR are operating at over 90% occupancy. Awfis has plans to open four more centres in the Chennai market by the end of 2022.

Mr. Ramani said that places like OMR, Guindy and Nungambakkam have the potential for more co-working spaces and they were studying the lay of the land. He said that Coimbatore was a lucrative market and his teams wee zeroing on locations there too.

Awfis’ clientele in Chennai boasts a mix of fast-paced start-ups, SMEs and MNCs. Some of the prominent brands that have taken up space with Awfis in Chennai include Sony Pictures, Suzuki, Lenovo, Practo, WayCool, NTT and Safari. At the national level, it has 131 centres with 75,500 seats across 14 cities and intends to establish a network of 200 centres by the end of 2022.

This story appeared in the 10 June, 2022 issue of Quick Info and was originally published at: Co-working space provider Awfis opens its seventh centre in Chennai, The Hindu

Co-working space provider Awfis opens its seventh centre in Chennai

08 June 2022

Co-working space provider Awfis opens its seventh centre in Chennai

  • Posted by Awfis Editorial