India’s real estate market has grown tremendously in the past decade. Robust occupier interest, the rise of organised real estate developers, and the entry of institutional capital have acted as catalysts for the growth. Owning to the current situation and fluidity of COVID-19, the way we will live and work in the future is likely to undergo unprecedented transformation. However, this could be viewed as an opportunity to influence the future—and undergo focused innovation.
We are confident that once the Covid-19 situation normalises, the market dynamics will change. The global impact could potentially result into delayed decision-making, curtailed capital expenditures, thereby slowing down portfolio decisions in the short term. From a long-term perspective, we expect the market dynamics to remain stable and positive. The world economy is bound to bounce back, and real estate and infrastructure industry will have a key role to play in the evolving new normal.
Due to Covid-19, there will a noticeable shift in the way occupational health and safety are addressed at workplaces. In the short run, sanitization protocols and safety measures will change the office space, however in the longer term, sustainability will be considered while redesigning and restructuring the workplace environment. With decentralisation of workforce and a tech-driven future, upskilling and reskilling of the workforce will take place for a better and holistic approach within the organisation. This will further augment insourcing, leading to lesser dependence on third parties and evolution of the workplace
Denne historien er fra September 2020-utgaven av Commercial Design.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra September 2020-utgaven av Commercial Design.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
SYNQ.WORK PLANS TO INVEST 60 CR. TO ADD 6 LAKH SQ. FT. OF MANAGED OFFICE SPACES TO ITS PORTFOLIO WITH NEW CENTRES IN BANGALORE, PUNE, AND HYDERABAD
Synq.work, one of the leading managed office space providers in India has recently made an announcement to expand the current seating capacity from 3200 to 12,000 by adding an additional 8800 seats by December 2025.
TANGIBLE ROI
How to connect your CAFM to obtain tangible ROI
UNLEASHING THE POTENTIAL OF THE OFFICE CAMPUS
Exciting concept can re-ignite employees' desire to work onsite and drive creativity
REINVENTING RETAIL
Inside Culdesac's future-forward design of Bershka Valencia
A VISION BEYOND THE CONVENTIONAL
Kangana Ranaut's Manikarnika Films Studio office, designed by The Orange Lane, transforms a creative workspace into an inspirational sanctuary, masterfully blending tranquillity and innovation.
WHEN INDUSTRIAL CHIC MEETS URBAN OASIS
Studio Lotus breathes new life into Chennai's largest IT park with the design of The Hub at DLF Cybercity, Chennai - a dynamic mixeduse community hub that's a vibrant fusion of industrial design and community-centric spaces.
SHAPING THE FUTURE OF WORKSPACES
Understanding the evolving dynamics of workplace design and operations.
CHANGING SHAPE
Five of the biggest breakthrough innovations redefining the fit-out industry
NAVIGATING THE START-UP OCEAN
Essential tips for founders setting sail
CREATING A SANCTUARY FOR WOMEN AND CHILDREN
Designed by Architecture Dialogue, the Nirbhaya Centre in Bengaluru sets a new benchmark in creating secure, welcoming spaces for women and children, blending innovative design with sustainability and community-focused principles