Awfis opens 35,000-sq ft co-working office in Pune

27 July 2017

Awfis opens 35,000-sq ft co-working office in Pune

  • Economic Times

NEW DELHI: Awfis Space Solutions, a shared-space provider, has opened up a 35,000 sq ft of co-working space in Baner, Pune. This is company’s first community workplace in the city for which it has tied-up with Teerth Realties, a Pune-based developer.

The centre has 525 seats and is priced in the range of Rs 5,000-10,000 per seat per month.

“We were overwhelmed by the demand and need of experience led workspaces in the Pune market and decided to commence our operations here. The centre in Baner is already 45% occupied,” says Amit Ramani, CEO & Founder of Awfis.

The company will open its next centre in Viman Nagar by 15th August. It will have 52,000 sq ft of total space. “Out of the total space, we have tied-up with Mantri Developer for 30,000 sq ft, while the rest is with a HNI landlord. The centre is already 100% sold-out,” says Ramani.

Awfis plans to open upto 5 more centres in Pune in next six months in areas like Bund Garden, Hinjewadi and Kharadi, among others. Depending on the location, price range of these centres will vary from Rs 5,000-12,000 per seat per month.

The company is focusing on manufacturing industries, SMEs apart from corporate and BFSI companies as clientele for these co-working spaces.

As for the competition, Ramani claims that they are first National player to enter the Pune market and although there are existing regional players, the demand they are witnessing is quite high.

Read the original article here – http://realty.economictimes.indiatimes.com/news/commercial/awfis-opens-35000-sq-ft-of-co-working-space-in-pune/59789029

How coworking players are enabling India Inc's return to office

12 April 2021

How coworking players are enabling India Inc's return to office

  • Posted by Arathy Nair

While working from the office space provides employees with an adequate work environment, corporates are also partnering up with coworking spaces to ensure equal opportunities for the workforce working remotely.

In almost a year, the Covid-19 pandemic has upended decades of conventional wisdom about the nature of work. With things slowly returning back to normalcy and vaccine distribution being in full swing, companies are gradually looking to return to the workspaces thereby requiring them to realign their workspace strategies to adhere to the new normal.

There’s no question that the workplace will never quite be the same again. So, what will return to the office look like? While there are still many unknowns, the ideal future workspaces will be a balance between remote working, collaboration and social distancing. Companies must reconfigure how they operate to help meet the new demands of workers, prioritizing effective communication and safety.

Most corporates are adopting a hybrid model of working to ensure a more seamless return to work. A hybrid model of work allows some employees to work remotely while others work from the office premise thereby ensuring safety of all employees. While working from the office space provides employees with an adequate work environment, corporates are also partnering up with coworking spaces to ensure equal opportunities for the workforce working remotely.

Today, coworking spaces are playing an instrumental role in this realignment process of returning to work given the various benefits these players can provide to organisations across sectors with their wide network of centres through hybrid and flexible working options.

Let’s look at the role coworking spaces play in supporting the concept of new workspaces in the short and long term –

From Touch to Tech

With the fundamental shift in workspaces, transformational technology is going to play a critical role. Flexi players have already adopted the status quo by leveraging digital tools to improve business operations and communication. Existing technologies have been upgraded to completely eliminate the need for any surface contact which now allows QR code-based touch-free access, geo-tagging of attendance, touchless transactions, ordering of F&B, managing seats & meeting room bookings, and raising & tracking of issues.

Redesigning for the new normal

Keeping the social distancing norms in mind, coworking spaces have redesigned their existing floor plan to ensure that every workstation has the stipulated six feet distance from each other. Additionally, an adaptable floor layout at the new centres can be easily modified to the needs and requirements of community members. Capacity of existing meeting rooms have been halved and seats have been tagged to ensure safety of each member, which instil a sense of confidence for the workforce to operate out of a coworking space.

Safety first

Apart from implementing social distancing measures, flexi spaces are following stringent standards of safety for optimum protection of the community members. UV sanitization of meeting rooms after each use, thermal scanning at the entrance and visitor management system further facilitates for a safe working environment.

One office many addresses

An added support that flexi spaces provide are their large network of centres spread across multiple locations in various cities for the convenience of the employees. Work from home has made employees realize the value of time and money spent on commute. To ensure safety by avoiding long commutes in public transport and to save on time and money, the workforce is increasingly focusing on work near home options. With their vast presence, coworking spaces can emerge as the optimum choice for individuals as well as organisations to meet their needs.

As workers begin returning to work, the coming months will prove to be a pivotal moment for employers and employees alike. Coworking spaces will help organizations chart a strategic course towards ensuring a safe return to work by continuing to be the partner of choice amidst this new normal.

This story appeared in the April 8, 2020 issue of  Economic Times -HR World  and is authored by Amit Ramani, Founder and CE0, Awfis. This article was originally published at : How coworking players are enabling India Inc’s return to office, HR News, ETHRWorld (indiatimes.com)

Hybrid working model will help employees save time and money on commute

15 March 2021

Hybrid working model will help employees save time and money on commute

  • Posted by Arathy Nair

The future of work will be about ‘anywhere, anytime’ as office spaces will act as a central hub for collaboration, innovation and organizational culture, according to experts.

In a webinar by Awfis, home-grown flex workspace provider- India Inc’s Return to the Workplace: Strategies for the New Office’, experts said that pandemic has accelerated the digital transformation for businesses by providing an opportunity to reimagine the future of work. Companies are trying to adapt to these changes to provide a solution that works best for their employees.

“We are in the midst of some of the largest transformation of the decade that will forever redefine how work gets done in India Inc. While WFH did help businesses survive the lockdown, there is a general fatigue that has arisen from lack of social interactions significantly affecting company cultures,” said Amit Ramani, CEO & Founder, Awfis.

While WFH was proclaimed as the new normal, it has proven to be a non-viable solution in the long term for substantial portion of the workforce which has resulted in employees across the globe to look for solutions that offer ample flexibility and collaboration.

Furthermore, the inability of Indian households to support a long term WFH due to infrastructural constraints has led to the adoption of hybrid work models by various companies.

The hybrid model of working answers all aspects, whether it is related to employers, employer or the environment. It is an effective and efficient way for companies to adopt the future of working. An amalgamation of all these facets has demonstrated that the hybrid model of working is here to stay,” said Sameer Saxena, India Real Estate Services Leader at Marsh & McLennan Companies.

Niraj Basotia, Group COO, Usha Martin Technologies said that the evolution and preparedness of companies in terms of infrastructure and cyber security will determine how fast they are able to adapt to a hybrid culture and make it successful for their employees.

Additionally, employee discipline and management’s trust in the employee will go hand in hand in defining how the hybrid model of working will take shape,” Basotia said.

Experts said that blurring of lines between personal spaces and professional space can cause fatigue amongst employees and put into question the feasibility of a WFH scenario.

The new office will become the meeting point driven by quality. Today, organizations are evaluating and experimenting until a new model for real estate evolves. Focus of organisations is on maintaining and enhancing social capital and culture,” said Viral Desai, National Director Office Transactions, Knight Frank India.
According to Shamsher Sindhu, Vice President & Head RES, APAC, Mastercard, the three key pillars that basis which organizations were able to curate a seamless employee experience in a pre-pandemic world were – organizational culture, technology and physical space.

“While these three pillars remain will remain essential, it is imperative to note which of these pillars will be more important in the current scenario,” Sindhu said.

Organizations are focusing on contactless solutions, proximity based solutions and IoT based solutions. Most of these solutions will help productivity of employees and support them to work on the go. Smart offices will be the future with more focus on agility and collaborative spaces.

Work has moved from a workplace centric world to a work centric world. Organizations are now looking at converging work, workforce and workplace.

The pandemic just changed certain dynamics of the physical workplace and has hastened the realization that work is not somewhere you go, but something you do. It’s not a change, but a fundamental shift,” said Praveen Vasudeva, Country Head, India- Global Real Estate & Facilities, SAP.
Prestige Group, Awfis in tieup for six co-working spaces in South India

15 March 2021

Prestige Group, Awfis in tieup for six co-working spaces in South India

  • Posted by Arathy Nair

: Real estate developer Prestige Group and co-working office space provider Awfis have entered into a strategic partnership to add six new flexible office centres to their portfolio in Bengaluru, Chennai and Hyderabad.

Through this alliance, Awfis will offer more than 200,000 square feet of Grade-A flexible office spaces with total capacity of more than 4,000 seats within Prestige Group’s commercial properties in the three South Indian cities.

The revenue sharing strategic association has a tenure of six years with an extension clause.

“We intend to deepen this partnership with Prestige further and expand across other micro-markets and buildings,” said Amit Ramani, CEO and founder of Awfis. He said several large corporates and multi-national companies have been turning towards a hybrid model of work over the past two months, creating increasing demand for co-working spaces.

Juggy Marwaha, CEO of Prestige Office Ventures, said: “This partnership will help us to accelerate our plans to strengthen our office portfolio and increase our offering to our large clients, while leveraging the strength of Awfis’ proven credibility in the co-working space across India. Considering the evolving consumer needs in light of the pandemic, we are bullish on the scope of our association and the longevity of the co-working model in India.”

The companies said they will explore opportunities for more such centres in South, North and West India.

Prestige is adding nearly 6 million square feet to its portfolio in prime locations in Mumbai, like Worli and business district Bandra-Kurla Complex (BKC).

Of the six centres under the current agreement, four are in Bengaluru’s prime commercial locations — Whitefield (two), Koramangala, and Outer Ring Road — while the others are in Guindy, Chennai, and Begumpet, Hyderabad.

The partners will share expenses of fitout and interiors works that will commence as soon as these buildings are ready.

With this partnership with Prestige Group, Awfis will add 10% new capacity to its portfolio of 75 coworking centres and 40,000 seats across 11 cities in the country. The company is working on a plan to expand its total capacity to over 60,000 seats by December end including its independent expansion strategy and this tie-up.