Covid crisis: Flexible workspace options to soar as firms expand capacity

Once the second coronavirus wave ebbs, co-working players believe their clients will be raring to increase the amount of flexible workspace they offer employees.

They are using the interregnum to expand and to negotiate cheaper real estate deals to add seating capacity.

Lockdowns during the second wave have pushed occupancy rates of co-working spaces down but co-working players believe this is a mere blip before a radical shift occurs.  

Amit Ramani, founder of Awfis, the third largest player in the space based on a study by JLL India last year, said: “We are seeing a fundamental change. Corporates are planning to increase their