Reasons Why Delhi NCR Needs Coworking Spaces

National Capital Region or the NCR is an extended metropolitan area in India consisting of National Capital Delhi and its surrounding urban areas, including Noida and Gurgaon. Over the last 30 years, NCR has grown into a major economic hub, attracting trade and commerce activities of all scale and size.

Almost all major MNCs, corporate leaders, and industries have some form of footprint in the region. However, despite this, the region falls short in its capacity to serve startups and small companies. For instance, coworking office space in Gurgaon is still a luxury that most startups can’t afford.

Private Coworking spaces, like AltF CoWorking, are helping startups and small companies safely navigate the topsy-turvy business landscape so that their ideas and innovations can see the light of the day. 

Here are 5 reasons why Coworking SPaces are now a must-have in Delhi NCR:

1. For Innovation

Although there is no copyright on innovation, a closer look at data reveals that companies with a workforce whose median age is not more than 30 are more likely to innovate than the rest. This is because fresh ideas are born in the nursery of youth.

Coworking spaces offer a perfect work ecosystem that India's young workforce desires as well as needs. And, NCR is a region with the highest population of the young workforce comprising of developers, analysts, MBA graduates, entrepreneurs, freelancers, and more. These young millennials have grown up with technology by their side and desire a work environment that fosters creative thinking, innovation, and problem-solving.

2. For Realising India’s Dream To Be A Global Superpower

As more and more people with Indian-origins take reigns of some of the top global companies, including Google, Microsoft, and Pepsi, it is time that we promote entrepreneurship in our regions too. While the Indian Government has taken big strides in helping startups with less stringent regulations and tax rebates, the work culture needs a makeover or to say a lean mindset.

A coworking space is a place where collaborations are free-flowing, connections are easy to make, and the time from idea, prototype to product delivery is cut short significantly.

This result-oriented approach towards product development and delivery is key to India’s dream of being a global leader. And coworking spaces are perfect labs where today's dreamers and tomorrow's leaders can turn their goals into reality.

3. For Creating A Work Culture, That's Self Sustainable

'GIVE A MAN a fish, and you feed him for a day. Teach him how to fish, and you feed him for his lifetime.'

There is always a process of creativity and innovation. Coworking spaces emulate this process way better than traditional office spaces can. There is an all-pervasive vibe that is exhilarating and inspiring.

  

Creating such an environment is on every startup wish list. There are many amazing ready to move office spaces in Delhi NCR which offer them the best environment that they could ever ask for in the most cost-effective way possible. They can upscale or downscale as per their needs, and most importantly, they can learn and grow from the experience of other startups around them.