“The concept of co-working is not new; however, the tremendous growth it has seen around the globe and now in India - in recent years is tremendously exciting,” said Ramesh Nair - CEO & Country Head, JLL India.

Releasing the report ‘Future of Work – The Co-Working Revolution’, the very first co-authored study by JLL India and WeWork at the 9th CII Realty Conclave 2017, Nair said “the concept of co-working will impact and have an influence on the corporate real estate sector as it embraces the uncertainty and turns disruption into opportunity.”

Juggy Marwaha, Lead – WeWork-India, said, “The future of this industry will redefine the term ‘co-working’. The trend will move towards creating beautiful, well-designed and functional spaces that encourage collaboration and create a sense of community which will further be enhanced by a sophisticated online platform, and community events.”

He also said: “2016-17 witnessed a spike in the growth of the industry, and as it evolves further, it will be the era of flexible office spaces. There will be a paradigm shift in the way companies will operate in future, and some of the best innovations and projects will be an outcome of such true collaboration.”