The Future Of Commercial Office Spaces In Post-COVID India

Right when commercial offices and co-working spaces were going to expand, the world went standstill due to the pandemic. The new normal has not just changed our perception of what is right or wrong but also made everyone unsure.

Share on facebook
Share on twitter
Share on linkedin
The Future Of Commercial Office Spaces In Post-COVID India

As public places reopen for one on one interactions, meetings, and ventures, we can catch glimpses of the new normal setting alright. And what has changed the most, is the work culture, putting a direct impact on commercial real estate. 

Trends like Work From Home, Live and Play and Walk To Work will continue to gain popularity despite the unlocking, as we have seen in the first two phases of unlocking commercial spaces in India. 

Meaning Of Commercial Office Spaces 

A Commercial Office Space is a high-quality space or several spaces within a building that is available as business premises to working professionals.

While many companies are considering work from home for 15-20% of their employees, the benefits of office spaces cannot be overlooked. 

Working or setting up your base at a location makes administration easier, giving a professional look to the organization and more room to grow.

Coworking Office Spaces

As the relevance of flexible working conditions grows rapidly, the coworking idea, which was already gaining traction pre-pandemic, is expected to witness a sharp rise in its demands post-pandemic. 

Generally, a coworking space is where people from different unrelated backgrounds assemble in a space to work independently on different projects, or even in a group to work on the same project. 

As the coworking environment isn’t owned or operated by the employers, these are relatively independent spaces with flexible and relaxed working conditions. 

Is coworking the future?

Coworking spaces are gaining a reputation for being great office spaces. Known as the future of commercial office spaces, more companies are accepting the new normal as a part of their lives and shed the traditional skin behind it. It can be said that traditional office spaces might get replaced with coworking spaces. 

How To Rent A Commercial Office Space

Good office space is like a home to your business and all other projects. As the commercial sector expands and MNCs bring in more competition, commercial office spaces have become very important to provide a home for businesses and projects. As the commercial office space prices spike, grabbing the best property will only get tougher and tougher owing to the competition. So, how can you know which property is best for you?

A commercial real estate property becomes important or loses its importance depending on several factors such as the location of the property, market, and demand. It is, therefore, better to invest from a long-term point of view instead of taking short leases. 

Here are some tips to help you rent commercial office space:

  • Location

When renting an office space, ensure that the space will be easier to commute to and fro. Even if you don’t have a team right now, invest in a space that is in a highly populated locality. 

  • Amenities

Make sure that the amenities you might need on a regular basis are closer to your office space such as coffee shops, banks or meeting places. 

  • Budget

Don’t go for an office that costs over your budget as your first priority needs to be an expansion of your business and you cannot afford unnecessary expenses. Hence, have a strict budget and stick to that.

  • Clarity in Lease

Be it what utilities you will be getting access to or who will pay for the annual maintenance, make sure that everything is clearly set down before moving forward with the deal. And if you are in charge of the maintenance, include that in the budget as well. 

  • Get Expert Advice

If you can, get in touch with a commercial real estate agent or broker who is familiar with dealing and properties. 

Commercial Office Space as an Investment

The pandemic was a testimonial to how reliable a real estate investment can truly be. As the demand for commercial real estate office space spikes, these also make great investment options. 

As commercial real estate properties are leased for long durations, they make great low-risk, long term investments. With technological advancements, the CRE investment sector is opening up to individual investors as well. 

Fractional ownership of the commercial real estate and Real estate Crowdfunding are two of the most popular investment options in India. 

While Chennai commercial office spaces are witnessing a sharp price hike owing to new startups, new office spaces for renting are coming up in Bangalore and Hyderabad.  These make great places for investing your assets. Assetmonk offers great investment deals in high-end properties. Visit our website to know more. 


Demand for open office spaces may rise, along with this as the public inclination towards a hybrid system grows, we will see more spacious offices with special emphasis on connecting with remote colleagues. The coworking culture will also witness a nice boom.

Commercial office space is generally a building or series of buildings dedicated to a business or a business project.

The abrupt shutting down of commercial establishments and shopping destinations did lead to an economic hiatus, many commercial spaces were shut down but at the same time, the awareness about commercial real estate spaces also increased in India which led to more and more individual investors experimenting with the sector to create a win-win situation for both parties.

Related Articles

istockphoto 155700839 612x612 1

Rental housing demand will increase in crucial micro markets

The real estate market has exploded in the post-pandemic era. The corporate market is increasing, increasing demand for commercial space and rental residences. According to industry statistics, in the second quarter of this year, Indian rental home searches climbed 84.4% year on year and 29.4% sequentially. Furthermore, total combined rental housing listings rose 3% quarter on quarter and 28.1% year on year throughout the 13 Indian cities covered. Do not miss The 18% GST on rent gets anticipated to harm the rental housing industry. But, what are the variables that will lead to the rental housing demand boom? Accessibility and cost-effectiveness: When it comes to renting a property, people primarily examine three factors: infrastructure, connection, and price. The property’s location, with ready infrastructure and decent connection, takes precedence over the size and price of the unit. Customers want a home in a prominent location that allows them to maintain a good work-life balance, with less commuting time, easier access to…

Read more
istockphoto 1393356971 612x612 1

REITs, New Age Instrument: Investing in Properties Without Actually Investing in One

Real estate investing always meant purchasing, owning, and managing an actual property. But, did you know that it can still be done without actually owning the property? Thanks to REITs, investors need only put their money into corporations that possess substantial portfolios of self-appreciating real estate assets in some of the world’s most desired locales. Welcome to the world of REITs where you can buy real estate without the inconvenience of owning the property altogether. Easy peasy lemon squeezy right? Real estate investment trusts are popular among investors who wish to buy real estate without the inconvenience of owning the property altogether. These investments, known as REITs, allow investors to deposit money into income-producing real estate. A REIT is best described as a simple way to own real estate without actually purchasing any property. Investors can acquire individual shares of a real estate investment trust, similar to stocks, which gives them little chunks of several properties. This protects them from…

Read more
istockphoto 1394977436 612x612 1

Commercial Real Estate Leases: Different Types and Which Is the Best?

Leasing commercial space is a significant financial commitment and requires commercial real estate leases. These leases can be intimidating, especially because they are a huge commitment that can be costly. However, they are not as difficult as many people believe. A commercial real estate lease, like most other legal transactions, should not be taken lightly. As a result, when renting commercial space for the first time, it is critical not only to thoroughly study the industry but also to have a good understanding of the many forms of commercial leases accessible in India. Also, read Commercial Real Estate Is Booming In 2022: Explore How You Can Also Profit Via This Alternative Investment. Here’s an explanation of the many forms of commercial real estate leases and what they imply for renters and landlords: Firstly, what are commercial real estate leases? Commercial leases, as opposed to residential leases, are an arrangement between a renter (company) and landlord that specifies the property only…

Read more
istockphoto 817688664 612x612 1

The Indian real estate market would be worth $1 billion by 2030: RBSA Advisors

According to RBSA Advisors, the real estate business gets expected to grow by 15% by 2030, reaching $1,000 billion. According to RBSA Advisors, the Indian real estate sector would grow at a 15% CAGR from $60 billion in 2010 to $1,000 billion by 2030, contributing 13% of the country’s GDP by 2025. The organized retail real estate industry get expected to rise by 28% to 82 million square feet by 2023. Per “The Outlook of the Real Estate Sector in India,” the Indian real estate sector is showing strong indications of recovery as the economy recovers from the pandemic. Also, read JLL reports Indian real estate garnered $943 million in investments worth in Q1 2022. Despite a little increase in prices and a slight increase in home loan interest rates, the real estate industry has thrived on good buyer enthusiasm. According to the poll, there is substantial demand for property in Delhi-NCR across all price levels. The entire increase in…

Read more
istockphoto 1394786542 612x612 1

Aspire to be A Top Commercial Real Estate Agent? Here are Some Critical Steps To Becoming One

Do you want to be a successful commercial real estate agent? The Indian real estate market is diversified but vibrant and competitive, particularly for commercial real estate agents. To build a successful niche, they must comprehend the shifting promotional circumstances of developers as well as customer preferences. Staying current and afloat in the market requires innovation and openness to new marketing concepts. Follow the steps below to be a top agent. Do you want to be a successful commercial real estate agent? If this is the case, the first question you must answer is whether you want to work in commercial or residential real estate. To be sure, because individuals are more likely to buy or lease a place to live rather than a location to operate a company, it is simpler to get into residential real estate – where there will always be more prospective clients and transactions. Commercial real estate, on the other hand, may attract a large…

Read more
istockphoto 1263914795 612x612 1

Real Estate Investments: The Hottest Alternative Investments You Do Not Want To Miss Out

One of the best ways to grow your money in the modern era is by making investments. Whether small or large, every investment has got the potential to be a profitable one. It wasn’t long ago that people only knew about the stock market as a primary investment method. But, this has changed pretty much with the arrival of better technologies for making investments and making profits out of them. The hottest topic in the domain of investments is the growing popularity of alternative investments such as real estate. The real estate industry has been in existence for a long time, but it has changed a lot from its original form. Better alternative investments are emerging in real estate, mostly due to innovations introduced by technical firms. There’s still much to learn about this, so don’t worry. We have explained everything about this trending topic in this blog post. Do not miss Aspire financial freedom. Find Out How Real Estate Investment…

Read more