The New Okhla Industrial Development Authority is inevitably one of the premier corporate regions of Delhi NCR. Home to top MNC’s and other renowned companies, it surely is the preferred working location for youngsters.
In the recent present, Noida has seen a considerable rise in demand for co-working spaces cause the growth of start-ups and new ventures. With posh locations, corporate networking, and some great facilities, Noida serves as the ideal area for budding flexible culture.
Thanks to ultra-modern facilities, innovative work culture, and the freedom to work in a non-traditional office setup, the demand for flexible workspaces has risen. The trend is not just amongst start-up ventures but can also be seen in big companies which are shooting off branches that promote co-working.
According to the FICCI report, the percentage growth in the co-working spaces in Delhi NCR rose from 4% in 2017 to 9% in 2018 and is forecasted to further grow exponentially in the coming years.
Noida constitutes more than 40% in it and hence is seen as a significant growing hub for entrepreneur growth and thus for co-working spaces. Co-working offers benefits such as fully serviced or managed workspaces with amenities such as uninterrupted Wi-fi, 24 X 7 power backup, functional workstations, tea/coffee services, to name a few. This covers the infrastructural needs, thus offering ready-to-start options.
Additionally, the plug and play option along with choosing the number of work desks vouch for a pocket-friendly solution.
Here is a the average desk cost across Noida’s major areas:
The average desk cost across Noida
|Location||Avg cost per dedicated Desk|
|Noida Sector 16||6000-8000/-|
|Noida Sector 62-63||5000-7000/-|
|Noida Sector 125-127||6000-7000/-|
Noida – the potential platform for co-working
Noida is undoubtedly a corporate sector with umpteen industries rooting their base in this location. It has seen a great advancement in the past decade in almost all sectors. In addition to the industrial set-up, Noida has also emerged as the IT hub of Delhi NCR and holds 2 nd place in the software sector just next to Bangalore. In addition, it also serves as a base for top-notch media industries.
BPO/ITES sector and real state have also emerged as potential industries which have successfully found their base in this area. The corporate conglomerate suffices its position for potential growth.
Another important factor levying Noida its advantage is the growing number of start-ups that are mushrooming it in the recent present. According to one report of NASSCOM, India has been ranked as the third-largest nation for start-ups-especially the tech ones. Delhi -NCR constitutes more than half the percentage of it. Start-ups generally are on the lookout for viable, innovative, and pocket-friendly office solutions, and co-working spaces are the ideal option for them.
Availability of a skilled workforce is another factor that gives Noida an edge. The presence of reputed Educational institutes like Amity and others, ensure that the pool of talented resources is never-ending.
Noida also boasts of excellent connectivity. It is in the vicinity of International Airport and is well
connected to different regions via Delhi Metro. Inter-linkages via roads offer the additional benefits of
Co-working/Flexible workplace Market in Noida
Noida being the industrial capital hub of the Delhi NCR region, is home to many MNC’s. It is dotted with branches of Software/IT and BPO sector companies and hence is a preferred workspace for the millennials. Owing to the concept of freelancing and remote working, flexible workspaces have gained popularity in the recent present with some locations gaining more popularity. Enlisted are the on-demand regions of Noida:
- Close to Noida Sector 16 Metro Station.
- Landmarks like DLF Mall of India, The Radisson Noida, Great India Palace, World of Wonder and The Prestigious Film City are nearby
- 100 meters away from the DND Flyway
- Is in close proximity Rajnigandha Bus Stop
- Known as the Film city, it is a potential hub of Reputed media industries.
- India today, Network 18 and other renowned Media firms have a base here.
- BPO/ITES is the growing market in this area.
- 8– 10 Minutes distance from DND Flyover
- 10-12 Minute from proposed Intl. Airport.
- FNG Expressway major intersection within 500 meters.
- Close by from Taj Expressway.
- Hub to famous companies like SafeNet, IGATE, Genpact, Jubilant FoodWorks Ltd, NEC, Dell
- Corporate set-up with huge networking opportunity.
- The sector foresees growth in sectors such as Software and ITES.
Qdesq pioneers in offering befitting co-working solutions as per clientele requirement. We boast of verified office spaces in every area of Noida. Different types of co-working spaces with various amenities befitting every kind of business are available with us. We envisage partnering with our clients and provide solutions, making their search for office rentals a seamless and hassle-free process. Being a q-powered enabled platform, we promise a trustworthy method to help you with your co-working needs. Just get in touch with our experts today.