Mumbai CRE: Keeping up the pace with evolving industry evolutions

Key Takeaways:

• Businesses across the city are adopting flexibility and imbibing it in their long-term workplace strategy. As a result, flex workspaces have witnessed a soaring demand, especially after the pandemic.
• As vigilance for ESG compliance becomes stringent, so does the need for flex space providers to deliver workspaces that are eco-friendly and sustainable in the long run. Organizations are increasingly drawn toward flex space providers enabling them to easily achieve their sustainability goals.
• Technology will play a crucial role in defining the course of innovation and occupier experience going forward. Flex space providers will embrace new tech and implement them in their designs, operations, and equipment to create a seamless experience for occupiers.
• Mumbai’s CRE, like many other metro cities, is recording a surging demand as well as the occupancy of flex workspaces by large enterprises post-pandemic. Flex workspace providers are focusing on delivering built-to-suit solutions to such occupiers.
• Given how the pandemic adversely affected Mumbai’s CRE, flex space providers have tightened their safety, hygiene, and security protocols to ensure their occupiers can work safely in a shared workspace.