The coworking spaces have gained immense popularity in the last one decade in India. The major growth has been witnessed in the metropolitan cities in India and Hyderabad is not an exception for sure.

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The Financial benefits of Coworking Spaces
over Traditional office buildings in Hyderabad
The coworking spaces have gained immense popularity in the last one decade in
India. The major growth has been witnessed in the metropolitan cities in India and
Hyderabad is not an exception for sure. Over the past couple of years, the larger
companies, as well as the startups, have actively started to realize the financial
benefits that are attached to the shared office spaces. As a result of the coworking
spaces immense popularity, the big media conglomerates and the various tech
giants majorly prefer to move their employees to the coworking as well as the
incubator spaces. These particular workspaces are being set up to such a level that
the Fortune 500 technology companies are finding them very lucrative to adopt
them. The coworking spaces undoubtedly have better access to the innovations,
innovators and also exceptional talents.
The icing on the cake is that all these facilities are available at a much lower cost.
The financial benefits of the coworking office spaces over the traditional offices

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have found out to be very significant savings for the businesses as the companies
can save huge amounts both on the office space as well as the operational costs.
The large companies are becoming interested to partner with the coworking spaces
as they are keen on supporting various innovations and benefit from the exchanges
of the ideas. The technology giants like Microsoft, Verizon and IBM are testing the
waters and they are finding the coworking spaces to be quite promising. If you are
an entrepreneur who is working on your startup, then adopting a coworking space
can help your business get noticed as this can prove to be a great place for creating
connections.
Corporate usage of flexible coworking offices for massive growth
As per the trusted and reliable surveys, around 44 percentages of the large
corporations in India have already started to use the coworking office spaces.
The constant networking opportunities, the cross-pollination of the out-of-the-box
ideas and the serendipity that occurs due to the chance exchange of the ideas have
mighty chances of driving your business ahead.
Over the last decade, there have been steady announcements for the opening of
the new corporate headquarters in India. With the aim of improving the
productivity amongst the millennial employees, there are several global companies
like Price waterhouse Cooper, Google, Apple, Facebook, GE, LinkedIn, SalesForce,
GE, Workday and American Airlines unveiled plans for adopting new coworking
office spaces. There are several MNCs which want to expand their operations in
Andhra Pradesh and the rest of the potential South Indian market are fueling their
growth by adopting the best coworking spaces in Hyderabad.
This is a fact that even the biggest and mightiest companies opt to enter new
markets with nothing more than agile and small teams. In such scenarios, the
shared workspaces certainly make a lot of sense as it keeps the real estate and
operational costs under control. The opting for the coworking spaces also makes
the logistics easier. There are numerous factors which are driving the demand for
coworking. The corporations are now able to witness opportunities that are
available in the coworking spaces which are trending in the recent years. The

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companies are now able to rightly tap into the local innovation and able to recruit
top talents by means of partnering with the coworking spaces and then forming
firm partnerships.