By Srishti Dir, Founder at Hub and Oak
Finding a right workspace in Delhi that suits your business needs as well as fits in your budget can be a daunting task, especially for a beginner. We have prepared a detailed beginner’s guide to choosing a coworking space in Delhi that you should follow. With the right guidance and in-depth knowledge of commercial real estate, you will be able to find your perfect office space at the best location in Delhi. Now, the question arises which workspace option is better for your startup company – conventional office setup or coworking space. Well, given the current scenario in the corporate world, more and more companies and young startup owners are giving preference to coworking spaces due to their flexible terms and affordable rates.
Everyone knows that there is no dearth of coworking spaces in Delhi NCR but still you can’t just take a lucky dip to select where you’re going to work from. Here are some of the important things to keep in mind while finalizing any workspace:
1. Check Your Financial Affordability
Financial planning is one of the most important factors of establishing a new business venture. Hence, it should be done properly, especially at the start-up stage of your company. It doesn’t matter whether you are a self-funded company or receiving investment from another entity, you must make the best use of your resources. So investing large sums of money in office space makes no sense. If you want to work from a coworking space in Delhi, do your homework before deciding on one. Coworking space amenities vary depending on price and location. So, stay within your budget and avoid overspending on shared workspace.
2. Location of the Workspace
Location of the coworking space is another crucial factor that you should keep in mind before committing to any terms and conditions. You should avoid having your workplace at an inconvenient location. Facilities like easy access to transportation such as buses and metros, places to eat and parking space are essential elements that you should always consider when choosing a coworking space in Delhi. You don’t want to get stuck in traffic and waste your time and energy each day.
3. Evaluate Amenities
There are multiple coworking spaces in Delhi that provide numerous amenities to their members. Some of the most common amenities offered by these shared office spaces are – high-speed internet, meeting rooms, conference rooms, pantry, printing and scanning facilities etc. Evaluate these amenities carefully and analyze what kinds of facilities you will be needing to run your business operations.
4. Check the Ambience of The Space
The ambience of an office space creates a huge impact on the productivity of employees. People who work in a bright and airy environment are more productive during the day while dingy workplaces make employees feel bored and unmotivated. Therefore, office ambience plays an important role in keeping employees’ spirits high. When you go for a site visit, notice the ambience of the coworking space properly and analyze whether you will be comfortable working from there every day.
5. Learning and Networking Opportunities
The concept of coworking spaces is very popular among young working professionals because of the networking opportunities they provide to their users. You will be surrounded by other go-getters like yourself, who would be willing to help you out to grow in your field. Such an environment is perfect for bouncing ideas off each other, sharing resources, and collaborating on projects that would otherwise be impossible without the support of others in the workspace.
6. Ask About Security
Apart from the location and amenities, security is also a major aspect to consider before booking a coworking space in Delhi. Please look into the security protocols of the coworking space carefully. Do they keep an entry log? Are there CCTV cameras on the floor? Is the neighbourhood well-lit at night? This is not directly related to profits, but providing employees with a safe environment to work in will reduce distractions and make them happy about working for you.
7. Read Reviews
Before selecting a coworking space, read online reviews about it. This will give you an idea of other members’ experiences and allow you to make an informed decision
To sum up, choosing the right coworking space in Delhi could be a challenging task if you don’t have proper knowledge about commercial real estate. Therefore, it is advisable to take the advice from experts prior to signing any document. Check for all the essential factors such as location, prices, amenities, environment, security, and brand image, only then book your office space.
Also Read: Shapoorji Pallonji Real Estate signs Shahid and Mira Kapoor to endorse its VANAHA project in Pune
