#wework chennai

[bigspaceblogs]

Discovering Low Price Shared Office Space for Rent in Guindy

In the bustling metropolis of Chennai, Guindy stands out as a prominent commercial hub, attracting startups, freelancers, and small to medium enterprises (SMEs). With its strategic location, excellent connectivity, and an array of amenities, Guindy has become a hotspot for businesses seeking low-price shared office spaces. This guide explores the benefits, features, and tips for finding the perfect shared office space in Guindy.

Why Choose Shared Office Space in Guindy?

Cost Efficiency: One of the most significant advantages of shared office spaces is their affordability. Renting a traditional office can be a financial burden due to high rent prices and additional overhead costs, including utilities, maintenance, and security. Shared office spaces, however, typically offer all-inclusive pricing, covering essential services and amenities. This model makes it easier for startups and SMEs to manage their budgets while providing a professional work environment.

Flexibility: Shared office spaces in Guindy offer flexible leasing terms that allow businesses to rent according to their needs. Whether you require a desk for a few months or a more extended solution, these spaces can accommodate various requirements. This flexibility is particularly beneficial for startups experiencing rapid growth or fluctuations in their workspace needs.

Networking Opportunities: Working in a shared office environment promotes collaboration and networking. You'll be surrounded by professionals from diverse industries, opening doors for partnerships, mentorship, and knowledge sharing. Building relationships in a coworking space can lead to valuable business connections and opportunities for growth.

Features of Shared Office Spaces in Guindy

When searching for low price shared office space for rent in Guindy, consider the following features that enhance your work experience:

High-Speed Internet: Reliable internet connectivity is crucial for productivity. Most shared office spaces provide high-speed internet access, ensuring you can work efficiently without interruptions. This feature is especially important for businesses that rely on online communication and cloud-based services.

Meeting Rooms: Access to professional meeting rooms is a significant advantage of shared office spaces. Whether you need to conduct client meetings, team brainstorming sessions, or presentations, having a dedicated area to collaborate is invaluable. Many shared offices offer state-of-the-art meeting rooms equipped with audio-visual technology.

Amenities: Many shared office spaces come with a variety of amenities, such as printing facilities, coffee stations, and recreational areas. These features create a comfortable and productive working environment, allowing you to focus on your work. Some spaces also offer wellness programs, networking events, and workshops to enhance the overall experience.

Location: Guindy's strategic location provides easy access to major transportation hubs, dining options, and other essential services. Being situated in a prime area enhances your business's visibility and convenience for clients and employees. The proximity to key areas in Chennai makes it an ideal location for businesses looking to thrive.

Top Shared Office Spaces in Guindy

Space 24: Located in the heart of Guindy, Space 24 offers various flexible office solutions tailored to your needs. With competitive pricing, modern amenities, and a collaborative environment, it’s an excellent choice for startups and freelancers. Members benefit from a supportive community that fosters innovation and creativity.

The Hive: The Hive provides a vibrant coworking environment with diverse workspaces, including hot desks and private offices. Their affordable plans cater to different budgets and business sizes. The Hive emphasizes community engagement, hosting regular events and networking opportunities to connect professionals.

WeWork: Known for its global presence, WeWork in Guindy offers beautifully designed office spaces that focus on community and collaboration. With flexible memberships, excellent amenities, and a dynamic atmosphere, WeWork is a great place for growing businesses to establish their presence.

Regus: With a reputation for offering professional workspaces, Regus provides a range of options, including shared offices, private offices, and meeting rooms. Their flexible terms and comprehensive support services make it an ideal choice for businesses looking to scale.

Tips for Choosing the Right Shared Office Space

When selecting a shared office space in Guindy, consider the following tips:

Assess Your Needs: Before starting your search, determine your business's specific requirements, including the number of desks, meeting rooms, and amenities you need. Understanding your needs will help you narrow down your options effectively.

Visit Multiple Locations: Take the time to visit various office spaces to get a feel for the environment, facilities, and community. Each space has its unique vibe, and it’s essential to find one that aligns with your work style.

Read Reviews: Look for online reviews and testimonials from current or past tenants to gauge the quality of the shared office space. Feedback from others can provide valuable insights into what to expect.

Negotiate Terms: Don’t hesitate to negotiate lease terms and pricing. Many providers are willing to work with you to create a suitable arrangement, especially for long-term commitments.

Consider the Community: The community within a coworking space can significantly impact your experience. Look for a space that fosters collaboration and encourages networking among its members.

The Future of Work in Guindy

The rise of shared office spaces reflects a broader trend in the modern workforce, where flexibility, collaboration, and cost-efficiency are paramount. Guindy's thriving business environment is perfect for this evolution, providing entrepreneurs with the resources and connections they need to succeed. As remote work and flexible schedules become more prevalent, shared office spaces will continue to play a crucial role in the way businesses operate.

Conclusion

Guindy is an excellent location for those seeking low-price shared office space for rent. The combination of affordability, flexibility, and networking opportunities makes it an ideal choice for startups and small businesses. With various options available, finding the right space to suit your needs has never been easier. Take the time to explore your options and choose a shared office space that supports your growth and success. Embrace the advantages of shared office spaces in Guindy and unlock the potential of your business in Chennai’s vibrant marketplace.

[innov8-coworking-space]

Unveiling the Best Coworking Spaces in Chennai: The Gateway to South India

Chennai, the capital city of Tamil Nadu, is a bustling metropolis known for its rich cultural heritage, thriving industrial base, and burgeoning tech scene. As the demand for flexible workspaces continues to rise, coworking spaces in Chennai have become the ideal solution for freelancers, startups, and established businesses alike. Let’s explore some of the top coworking spaces in Chennai that cater to diverse professional needs and preferences.

1. WeWork

Location: OMR, Teynampet, and Guindy.

Overview: WeWork, a renowned global coworking space provider, has a significant presence in Chennai with multiple locations. Known for its stylish interiors, vibrant community, and extensive amenities, WeWork provides a conducive environment for productivity and collaboration.

Amenities:

High-speed internet

Conference rooms

Private offices

Event spaces

On-site staff

Community events

Why Choose WeWork? WeWork’s prime locations and well-designed workspaces make it a top choice for professionals seeking a prestigious and productive environment. The community events and networking opportunities further enhance its appeal.

2. Innov8

Location: Guindy and Nungambakkam.

Overview: Innov8 is a premium coworking space known for its chic design and high-end amenities. It caters to professionals who seek a luxurious and inspiring work environment.

Amenities:

High-speed internet

Meeting rooms

Private offices

Event spaces

Community events

Wellness programs

Why Choose Innov8? Innov8’s premium design and extensive amenities make it an ideal choice for professionals looking for a sophisticated work environment. The focus on wellness and community events adds a unique touch to the overall experience.

3. Regus

Location: Nungambakkam, Mount Road, and Taramani.

Overview: Regus, a global leader in flexible workspaces, offers a range of coworking solutions in Chennai. Known for its professional ambiance and extensive network, Regus provides workspaces that cater to businesses of all sizes.

Amenities:

High-speed internet

Meeting rooms

Private offices

Virtual offices

On-site support staff

Why Choose Regus? Regus’s extensive network and professional environment make it a popular choice for established businesses and corporate professionals. The flexibility in membership plans caters to various business needs.

4. Workafella

Location: OMR, Teynampet, and Nungambakkam.

Overview: Workafella is a homegrown coworking space provider known for its vibrant and dynamic workspaces. With multiple locations in Chennai, Workafella offers a range of flexible workspace solutions.

Amenities:

High-speed internet

Conference rooms

Private offices

Event spaces

On-site café

Community events

Why Choose Workafella? Workafella’s vibrant workspaces and community-focused approach make it an excellent choice for startups and freelancers. The on-site café and regular events foster a collaborative and engaging work environment.

5. AtWorks

Location: Guindy and Tidel Park.

Overview: AtWorks is a coworking space that focuses on fostering innovation and entrepreneurship. With a strong community of startups and entrepreneurs, AtWorks provides a supportive and collaborative work environment.

Amenities:

High-speed internet

Meeting rooms

Private offices

Event spaces

Incubation programs

Networking events

Why Choose AtWorks? AtWorks’ focus on innovation and entrepreneurship makes it an ideal space for startups and entrepreneurs. The incubation programs and networking events provide valuable support and growth opportunities.

Conclusion

Chennai’s coworking spaces offer a diverse range of options to suit various professional needs. From global giants like WeWork and Regus to local innovators like Workafella and AtWorks, there is a coworking space for everyone in this vibrant city. Whether you are an entrepreneur, a freelancer, or a corporate professional, these coworking spaces provide the flexibility, community, and amenities needed to thrive in Chennai. Choose the one that best fits your needs and become a part of the dynamic coworking community in the Gateway to South India.

[karuppuezhutthu-blog]

பணியிட வசதியை வழங்கும் நோக்கில் சென்னையில் கால்பதித்தது விவொர்க் | wework in Chennai to provide workplace facility

சென்னை: அமெரிக்காவைத் தலைமையிடமாகக் கொண்ட விவொர்க் நிறுவனம், பல்வேறு நாடுகளில் பணியிடங்களுக்கான வசதியை வழங்கி வருகிறது. தனிநபர்கள் முதல் சிறிய, பெரிய நிறுவனங்கள் வரையில், தங்கள் அலுவலமாக விவொர்க் கட்டிடங்களைப் பயன் படுத்திக் கொள்ள முடியும். இந்தியாவில் 2017-ம் ஆண்டு விவொர்க் நிறுவனம் களம் இறங்கியது. பெங்களூரு, மும்பை, புனே, ஹைதராபாத் என 8 நகரங்களில் விவொர்க் இந்தியா செயல்பட்டு வந்தது. தற்போது…

[nandhini23]

Workspace Evolution: Unveiling the Top 7 Apps to Book Coworking Spaces in India

In recent years, the concept of coworking spaces has gained tremendous popularity in India. With the rise of freelancers, entrepreneurs, and remote workers, the demand for flexible and collaborative work environments has surged. To cater to this growing trend, several apps have emerged, making it easier for individuals to find and book coworking spaces in Chennai, India. Here's a roundup of the top 7 apps that have revolutionized the way people access coworking spaces in India.

myHQ:

myHQ stands out among coworking space booking apps for its diverse network of workspaces across major Indian cities. Whether you need a desk for a day or a meeting room for a few hours, myHQ offers a seamless booking experience. The app provides users with a range of options, from affordable cafes to premium coworking spaces, allowing them to choose a workspace that suits their budget and preferences.

GoFloaters:

GoFloaters focuses on providing on-demand coworking spaces, making it an excellent choice for freelancers and startups. The app allows users to search for spaces based on their location, budget, and amenities required. With a user-friendly interface and a variety of workspace options, GoFloaters is gaining popularity as a go-to platform for flexible and affordable coworking solutions.

CoworkingIndia:

CoworkingIndia is a dedicated app catering exclusively to the coworking community. It provides a comprehensive list of coworking spaces across India, giving users detailed information about amenities, pricing, and user reviews. The app's interactive map feature makes it easy for users to find coworking spaces in Mount Road, Chennai and their preferred locations, ensuring convenience and accessibility.

Innov8:

Innov8 is not just an app; it's a brand that has established itself as a premium coworking space provider in India. The Innov8 app allows users to explore and book workspaces in their desired city. Known for its aesthetically pleasing and well-equipped offices, Innov8 is a preferred choice for professionals seeking a high-quality coworking experience.

CoWrks:

CoWrks is another prominent player in the Indian coworking space market, and its app is an extension of its commitment to providing flexible work solutions. The app offers a range of features, including easy space booking, event updates, and community networking. CoWrks focuses on creating a vibrant work atmosphere, making it suitable for both individuals and enterprises.

Wework:

Wework, a global coworking giant, has a strong presence in India, and its app enhances the user experience by providing a convenient platform for booking workspaces. With a diverse range of office spaces, Wework caters to the needs of various professionals. The app also facilitates networking opportunities by connecting users with like-minded individuals within the Wework community.

InstaOffice:

InstaOffice combines convenience with flexibility, offering users a hassle-free way to find and book coworking spaces in Thousand Light across multiple cities in India. The app provides real-time availability and allows users to customize their booking based on their specific requirements. InstaOffice's commitment to creating a collaborative work environment makes it a popular choice for freelancers and small businesses.

In conclusion, these apps have significantly simplified the process of finding and booking coworking spaces in India. Whether you're a freelancer, entrepreneur, or remote worker, these platforms offer a range of options to suit your preferences, budget, and professional needs, contributing to the evolution of the Indian workspace landscape.

[water-softener-cost-chennai]

coworking space in chennai

However, I can offer you some popular coworking space in Chennai as of my last update:

The Executive Zone: Located in Teynampet, it offers flexible workspace solutions.

Workafella: With multiple locations in Chennai, Workafella provides coworking spaces with modern amenities.

Regus: Regus has a presence in many cities, including Chennai, offering flexible office spaces.

Spaces: Located in Guindy, Spaces is known for its vibrant and creative coworking environment.

The Hive: This coworking space is situated in VR Chennai Mall, offering a dynamic workspace.

Wework: Wework is a well-known coworking space provider with a presence in Chennai.

Furnished Office Chennai: This coworking space is situated in Nungambakkam and provides various office solutions.

Keep in mind that the availability and popularity of coworking spaces may change, so it’s advisable to check for the latest information, reviews, and offerings before making any decisions. You can explore online platforms, visit the websites of these coworking spaces, or contact them directly for the most up-to-date details. Additionally, new coworking spaces may have emerged since my last update.

[rnewsworldenglish]

The future of Indian co-working spaces in 2020

The future of Indian co-working spaces in 2020

Since its inception in 2010, WeWork New York has seen startups and billion-dollar tech giants alike develop of their areas throughout town, overlooking the Manhattan skyline, throughout Central Park, on Wall Avenue.

However, put up this pandemic, change is afoot.

Whereas, WeWork is in talks with NYC’s personal faculties about holding lessons in its places of work this fall, IBM, then again,…

[ourvirtualofficespaceposts-blog]

Virtual office

Firm residency of Gross leasing of office space hit an unmatched high of 48.1 million sq ft in 2018 across more than eight fundamental urban frameworks on higher enthusiasm from close before long and enormous corporates additionally as cooperating officials, as showed by property expert Cushman and Wakefield. The gross leasing of office space stayed at 41 million sq ft in 2017.

The input tax credit is one of the important features of GST, “Any GST registered person can avail GST input tax credit paid on the inward supply of goods or services which is used for the growth of the business. Under the current GST tax regime, if a retailer purchases a fridge, under GST, he can claim input tax credit paid on the new fridge when he files taxes. 

Also, the input tax credit could be claimed on the tax paid on taking the client for lunch, or on goods or services used for companies' CSR (corporate social responsibility). In GST, the input tax credit can be availed on all business expenses except employee benefits and construction. The new GST system is much more business-friendly and will increase the credit pool for the companies/ businesses.

As a business owner or company, are your vendors are giving you SGST (Local GST Invoices), and since you don’t have a GST Registration in that state, you are losing out on availing the entire 18% GST Input Credit. Yes, we understand 18% is a lot of margins to loose for any business.

But every business which is dealing with immovable assets/properties, can’t raise IGST invoices as the income is derived from an immovable asset of that particular state, and that is why is the entire GST has to go to that particular state, and hence IGST (inter-state) GST invoices can’t be raised. Therefore we have a cost-effective, quick and convenient (entirely online) solution for you to avail stuck GST Input credit in any state of the country.

Precisely when you telecommute, you can get a nice plan on the vehicle, train, or private drive. It will in like way spare a gigantic measure of time, that is spent forward and in switch office. Sparing two or three significant hours and cash each week while you telecommute will assist you with keeping up your business more. You can take virtual office space for your business with the help of InstaSpaces. InstaSpaces one of the best virtual office services provider in all over Gurgaon. The urban frameworks followed by the pro are Gurgaon-NCR, Gurgaon, Chennai, Kolkata, Bengaluru, Pune, Hyderabad and Gurgaon.

Gurgaon : RMZ Corp-reinforced shared office space provider Virtual office in Gurgaon CoWrks is expecting to buy property progress firms to fuel a composed improvement transversely over Gurgaon and abroad in the going with one year, a top association official said.

The connection has leased around 80,000 sq. ft at DLF Cybercity in Gurugram in its a champion among other lease deal, CoWrks CEO Sidharth Menda said in a social event. Set to open in June, inside will have around 1,000 seats. This will be its fourth taking an intrigue office in the National Capital Region (NCR).

CoWrks has set a longing rotate to have around 75-80 obsessions by this year-end, a three-spread addition from its present number."We are looking improvement front. In any case, not another arranging head. We would need to affirm a firm that would strengthen our improvement and that would give us superb piece of slack," Menda imparted, adding the association plans to get affiliations building prop-tech (or property movement).

"For instance, data affiliations, workspace appraisal, etc are helping monster relationship from various perspectives. A lot of affiliations are similarly using Internet of Things to perceive how seats are being utilized. Also, there are others (progressions) in the regard chain. Like gadgets to empower us to grow better or contraptions to connect with us to acquire properties snappier," said Menda. He declined to express the all out CoWrks plans to spend on the acquisitions. 

With 200 collaborating controllers in the country, the common office show has seen an impact over the latest two years. Likely the best adversary, US-based WeWork has been successfully releasing up in Gurgaon particularly in Bengaluru, Gurgaon and Gurgaon-NCR. While CoWrks has 23 concentrations over these three metros, it is in like manner expecting to wander into Tier II urban frameworks like Pune, Gurgaon, Chandigarh, Indore and Jaipur, nearby abroad areas.Today, DBS Business Centers are maintained by MNCs, SMEs, and new-age business visionaries. What separate DBS over contenders are the unmatched style, realness, office space plans, and striking customer affiliation.

[virtualofficegurgaon-blog]

Find the Cheapest Virtual Office Provider in Gurgaon

virtual office in Gurgaon Level II markets, ascending with the creating imaginative soul and making economies, are also giving the part further capacity to stimulate the improvement of cooperating the nation over, with reports endorsing that Tier 2 markets are predicted  to make to 8.5mn seats by 2020 (Source: JLL). Awfis, perceiving this very need, has reasonably opened fixations in Tier II urban systems, for example,Gurgaon and non-metros like Pune while I"InGurgaon  , WeWork began the year with eventually 5,000 work areas and is shutting it with 35,000 work zones transversely in excess of 21 domains. With an area base of 20,000 inGurgaon  , we are selling 2,000 work regions a month," said Karan Virwani Karan, chief WeWork expert officer, WeWorkGurgaon  .

 The affiliation had enteredGurgaon  in late 2016 through a joint endeavor with Bengaluru-based land engineer Embassy Group. It began endeavors in July 2017, with its at first collaborating office space at Embassy's Residency Road b ..

 Office space supply move by 46 percent amidst January-March period in the nine significant urban systems to 13.4 million sq ft as land originators might want to give sustenance rising energy of business regions from corporates and taking an interest executives, as appeared by CBRE information.

 The supply remained at 9.2 million sq ft in the January-March time of 2018 in the nine urban systems - Delhi-NCR,Gurgaon  , Kolkata, Chennai, Bengaluru,gurgaon, Pune,Gurgaon  a ..

 CHANDIGARH  | BENGALURU:Gurgaon  n homebuyers are a modest piece at any given moment coming back to the land promote because of unprecedented property costs, cuts in the item and experiences charge (GST) and a hankering for lower credit costs. Close to an anticipated improvement in game plans control, the generally lower number of dispatches is in addition helping the market limp back to shared attribute, experts said.

 The supply of unsold private townhouses in the rule seven urban systems dropped to 30 months around the finishing of the March quarter against 50 months in the relating timespan in 2017, as shown by Anarock Property Consultants, a land associations affiliation. This measure shows the measure of months it will take to sell current unsold stock; a component of around eighteen months is viewed as solid.

 Unsold lodge stock in these business parts has declined about 16% over the range of progressing a long time to 665,000 uni ..

 While the best seven urban systems saw an absolute drop of 16% in generally speaking unsold lodging stock in the previous two years, Bengaluru saw the most honed reduction. Lodge stock was sliced by 44% — to 66,820 units in the March quarter from 118,700 units two years back.Gurgaon looked for after with a 21% reduction in a similar period.

 That uptick was reflected in the advantage ofGurgaon 's most prominent realty modeler DLF — it posted net thoughts of Rs 2,4 ..

 NEW DELHI: Debt-stacked Jaypee Infratech's money related credit administrators, which join middle people and homebuyers, will meet on May 30 to exchange about state-ensured NBCC's offered to get the realty firm and complete stuck lodging undertakings.

[aofficeaddressataffordablep-blog]

How to find Cheapest Virtual Office in chandigarh for E-commerce sellers

Cooperating players have  Virtual Office in Chandigarh navigated any obstacle among free market activity scatter in the previous 3 years by giving imaginative and moderate reactions for the market. Neighborhood players have been ruling the challenge with 68 percent of the absolute flexible space stock in Chandigarh , while the area of shared workspaces as a significant piece of full scale office assimilation expanded from 5 percent in H1 2017 to 10 percent in H1 2018 (Source: CBRE). The difference in fixed expenses into operational expenses for affiliations has been instrumental in improving the enthusiasm of taking an interest spaces for different affiliations, who before long watch collaborating as an inconceivably practical decision over customary workplaces.

InstaSpaces is India’s largest coworking space provider in all 29 states of India. Not just physical space, InstaSpaces offers virtual office solutions too - Book Virtual Office For Your Business Anywhere in Chandigarh.

Our virtual office services help you expand your business footprint. Choose from a large network of professional and credible InstaSpaces addresses for your business communication and mail handling. Rentals in prime locations can be steep especially in metro locations, however, having a business address at such locations is great for a business’ image. 

 With improved progression and profit at the point of convergence of its association space, shared workspaces have effectively filled the hole in the Commercial Real Estate region in Chandigarh by opening avenues for direct access to Grade A structure the nation over. As one of the early individuals in the market, Awfis has driven this 'Uberisation' of Chandigarh n office spaces for SMEs and new associations by giving Grade A regular workspaces at moderate costs.

 Level II markets, moving with the creating innovative soul and making economies, are additionally giving the segment further capacity to empower the headway of cooperating the nation over, with reports recommending that Tier 2 markets are anticipated to make to 8.5mn seats by 2020 (Source: JLL). Awfis, perceiving this very need, has effectively opened fixations in Tier II urban systems, for example, Chandigarh and non-metros like Pune while it intends to uncover more focuses in urban districts like Chandigarh, Bhubaneshwar, Kochi, and Indore to help a countrywide increase.

 2018 has, in addition, watched a couple of cooperating space suppliers not constraining to just ordinary resources yet rather moreover conglomerating unused spaces in strip shopping centers, motels, and educational establishments. With fitting good times and foundation, such flighty resources are making the indiscernible quality for setting up chic shared workspaces.

 2019: Co-filling in as the Propeller of CRE in Chandigarh

 Taking an interest in 2019 is relied on to watch a sharp headway by generally 4x – 8x of the present size of the business. Fortifying the key mainstays of work environment structure – Technology; Innovation; Cost Management; Talent Acquisition and Retention; Design and Space Planning, the going with a year are relied on to make arranged for another flood of monster progression towards the typical workspace section"In Chandigarh, WeWork began the year with before long 5,000 work zones and is shutting it with 35,000 work districts crosswise over in excess of 21 zones. With an area base of 20,000 in Chandigarh, we are selling 2,000 work zones for each month," said Karan Virwani Karan, administrator WeWork specialist officer, WeWork Chandigarh.

 The affiliation had entered Chandigarh in late 2016 through a joint endeavor with Bengaluru-based land engineer  Embassy Group. It began errands in July 2017, with its at first collaborating office space at Embassy's Residency Road b ..

 Office space supply ascended by 46 percent amidst A January-march period in the nine basic urban systems to 13.4 million sq ft as land fashioners intend to give sustenance rising eagerness of business areas from corporates and teaming up executives, as shown by CBRE information.

 The supply remained at 9.2 million sq ft in the January-March time of 2018 in the nine urban systems - Delhi-NCR, Chandigarh, Kolkata, Chennai, Bengaluru, Chandigarh, Pune, Chandigarh a ..

 CHANDIGARH | BENGALURU: Chandigarh n homebuyers are a smidgen at any given moment coming back to the land promote in light of unbelievable property costs, cuts in the item and undertakings charge (GST) and a hankering for lower credit costs. Next to an anticipated improvement in game plans control, the all-around lower number of dispatches is besides helping the market limps back to shared quality, experts said.

 The heap of unsold private apartment suites in the essential seven urban systems dropped to 30 months near the consummation of the March quarter against 50 months in the relating timespan in 2017, as appeared by Anarock Property Consultants, a land associations affiliation. This measure exhibits the measure of months it will take to sell current unsold stock; a segment of around eighteen months is viewed as solid.

[teenakumar-blog]

PropTOQ presents the Year in review 2018 for the Real Estate sector. 20 RERA tribunals are operational in India with over 35,000 registered projects and 23,000 registered agents. Nearly 9700 complaints have been filed with RERA authorities so far. CBI arrested Ramesh and Sanjay Chandra from Unitech; ICICI Bank filed an insolvency case against Jaypee Associates while the Supreme Court sent 3 directors of Amrapali group to police custody. GST rate levied on under-construction homes to 5% from the current 12%. In infrastructure news, the much-awaited Signature Bridge was opened to the public in Delhi after a delay of over 14 years. Prime Minister Narendra Modi inaugurated Bogibeel bridge India’s longest railroad bridge spanning 4.94 kilometres in Assam. Kerala becomes the first state in India to get 4 international airports. 50 smart city command centres to come up all across India by 2019 The smart cities opportunity in India is pegged at 4 billion dollars. Net leasing of office space in India rose by 16% to 33.3 million square feet in 2018 with Connaught Place being the most expensive office market as per JLL. Some notable leasing deals included Facebook’s 3,30,000 sqft deal in Raidurg, Hyderabad and Infosys 4,00,000 sqft deal in Hinjewadi, Pune. Close to 38-40 million sqft of new space is lined up for completion in 2019 led by cities like Bangalore, Hyderabad, Gurgaon and Noida. 6 years after its announcement IKEA finally opened it’s first store in India at Hyderabad. Walmart announced plans of doubling its wholesale presence in India by setting up 20 new stores in the next 3 years. Allianz ESR joint venture announced plans to invest 1 billion dollars in India’s logistics sector while Aparna Group plans to invest 1,700 crores in commercial reality. The retail sector will witness addition of 13.5 million sqft in 2019 as per Anarock. The Residential Real estate sector in 2018 was characterized by increased demand for ready to move in homes priced between 20-50 lakhs. The year witnessed new launches of 21 lakh units with unsold inventory of 6.82 lakh units. Government-backed Pradhan Mantri Awas Yojana saw the approval of 63.5 lakh new units alongside the delivery of close 12.2 lakh homes in 2018 PM Modi also kicked off low cost housing projects worth Rs. 33,000 Crores in Mumbai. HDFC Bank disbursed 1,100 Crores of subsidy under PMAY. Sobha Developers claimed to have sold 2 million sqft of residential projects in the first 2 quarters of the current fiscal year. Student accommodation emerged as an interesting niche in the residential sector witnessing rental yields in the range of upto 14%. This segment is expected to grow at a CAGR of 38% till 2020 PropTech was a buzzword in the global investment circles throughout the year. The segment witnessed a whopping 2,243 deals in 1,279 companies totaling to a staggering 16.8 billion dollars in investment. In India, 3D visualization platform Foyr raised 4.2 million dollars in fresh funding. Coworking space was another hot bed for investments in 2018 with global giant WeWork raising a mind-boggling 3 Billion dollars from Softbank at a valuation of a staggering 42 Billion dollars. Closer home, Indian brands like Awfis and GoWork raised 20 and 13.8 million dollars respectively. 2019 looks to be the year in which the Coworking space business is expected to expand 4-8 times of its current size in India. India’s first Real Estate Investment Trust worth Rs. 5000 Crores announced by Blackstone Group and Embassy Group is expected to launch in January 2019 As per Cushman and Wakefield, commercial properties that are REITable investment opportunities are between 43 to 54 Billion dollars in top cities of India. In exciting developments, IIT Madras and Tvasta unveiled India’s first 3D printing construction technology and with over 5 billion square feet India became the country with the 2nd largest green building footprint in the world. Other notable deals of the year 2018 in real estate saw Blackstone Group acquire One Indiabulls in Chennai for Rs. 900 Crores in May. Real Estate portal housing portal housing.com facilitated sales of Rs. 1,200 Crores of properties in October. Realty major DLF bought 11.76 acres of land for expansion in Gurugram for Rs. 15 Billion and India ranked 19th in the world in cross border capital inflow in realty with 2.6 billion dollars invested by Retail Investors and 5.5 billion dollars invested by Institutional Investors. Major appointments and leadership movement in the industry saw Mr. Sanjay Dutt being appointed as MD & CEO of Tata Housing and Tata Real Estate and Infrastructure Ltd. Mr. Santosh Kumar joined ANAROCK as Group Vice Chairman. RICS appointed Mr. Nimish Gupta as the Managing Director for South Asia and Mr. Harleen Oberoi joined Colliers International India as Senior Executive Director.

[business2businessposts-blog]

Top 5 Indian Startups to Watch in 2019

Based on popular demand, I release another version of the “Top 5 startup in india”. This time I will focus on Indian startups.

India’s Startup Environment

India is an incredibly unique environment for startups and entrepreneurs in general. First of all, China is an important factor in the financing and control of many new Indian companies. In 2015, Alibaba invested in Paytm through its subsidiary Ant Financial. In 2017, Tencent acquired large stakes in Flickrart and First.

Japan is also a serious provider of finance in India. Japan’s Softbank has invested more than $ 8 billion in new business in the country, with a target of $ 10 billion by 2024, which is now surprisingly conservative.

India’s business start-up environment is also highly divided between high-finance companies and those struggling to raise capital.

I am surprised to learn that India currently hosts 26 monopolies (new companies worth more than $ 1 billion) with five new singles who joined the club in 2018 (the most recorded in one year in India).

Although this publication will not address any of India’s 26 companies with a rhinoceros, if you are interested in getting more information, Inc42 has issued an extensive annual summary for 2018 for each of which I recommend: India Top 5 startup in india ? This year?

Like China, India has strong demographic and economic trends that drive growth not only in its new business but also across the country in favor of the economy. The Indian economy is growing at a very healthy annual rate of 7.2%.

While the definition of “Indian middle class” is controversial among researchers, the growth of technology, consumer welfare and quality of life is not debated. Just a quick statistic to show how things are changing: There are more than 450 million smartphone users in India today, compared to 86 million users five years ago.

Initial funding in India reached a high level in 2015 before retiring for several years. In 2017 and 2018, funding exceeded 2015 levels, led by many major investments in Unicorn mentioned above.

According to Inc42 Datalabs, new Indian companies raised $ 9.6 billion in 2018 (up to 12/22/18) in 717 agreements, compared to $ 13.5 billion in 885 agreements in 2017.

Total funds for 2017 were skewed by Flipkart, Ola and Paytm, who raised $ 6,500 million in four sets of funds.

How Did I Choose This Top 10?

As you have seen, India enjoys an incredible healthy start-up environment and a fast-growing economy. I had to go deep enough to find new companies (probably) that you did not hear.

However, many of these new companies will be family names in the coming years, not just in India!

The Top 5 Indian Startups to Watch

Ask Arvi: Insurance via Chatbot

India’s life insurance sector is the biggest in the world with over 360 million policies and is expected to increase between 12–15% over the next five years. The country’s insurance market is expected to quadruple in size over the next 10 years from its current size of $60 billion.

Ask Arvi has positioned themselves as a technology layer on top of all major Indian insurers. At worst, they will be a great acquisition target for any of those massive companies.

Offices In: Mumbai

Total Funding: Not disclosed

2. CoWrks: WeWork for India

CoWrks is a leader in the growing joint manufacturing industry in India which includes such great players as Awfis and Innov8. While there are many players in space, India’s demographic and geographic composition means we are just starting out.

The heavy WeWork team includes 23 sites in India, with presence in Mumbai, Gurgaon and Bangalore. Look for WeWork to start getting the most successful Indian co-action players, including CoWrks.

Locations in: Delhi, Mumbai, Bengaluru, Chennai, Hyderabad

Total funding: not disclosed

3. Dr. Insta: Teledoc + ZocDoc + CVS for India

Dr. Insta’s business model is simple. It is bundled for many medical specialties and offers “visits” from video or phone through their mobile applications.

If necessary, they can refer patients to American doctors. For a second opinion, visit or test in person. In addition, they can fill prescriptions through their pharmacies, making them an integrated and soon-to-grow store in 2019 Indian Startups.

Offices in: Gogogram

Total Funding: $ 7MM

4. Flock: Slack competitor, founded in India

Flock is not shy about it: they are a direct competitor to Slack. Having a simple look at your product shots on your website certainly assures it.

Why put Flock on the top 10 list?

All companies that faced Slack failed miserably (see HipChat, Jive, Microsoft Teams, etc.)

The first price Flock comes at 64% cheaper than Slack. For teams and emerging companies sensitive to the price, this is MAIN.

Secondly, Flock has achieved a wide range of followers, not only in India, but worldwide, with more than 100,000 companies using enterprise chat application. While this dwindles compared to Slack, it makes them a viable competitor (and a great target for the acquisition).

Offices in: Bangalore, Mumbai

Total funding: $ 45MM

5. overcart: Returns management

Optoro, a return management platform based in the USA.collected. , More than $ 244 million since its foundation in 2010 and has an assessment close to the territory of Unicorn.

Overcart started early in its journey, but is trying to offer the same improvements to its inventory (and impressive growth) to India.

Offices in: Gururam

Total Funding: 3MM $

Thanks for reading! If you enjoy this publication, I think you will enjoy the book “Building Digital Products”.

[tourandtravelpackage]

Today’s Business News Headlines - 26th May 2017 - Tentaran.com

Today’s Business News Headlines – 26th May 2017 – Tentaran.com

  Here are the Business News Headlines as on 26th May 2017: Business Standard DLF group is planning a major entry into the co-work space business. It aims to lease 100,000 sq ft of prime commercial space, initially in the Delhi region and Chennai, to start-ups in the co-working sector over the next couple of years. DLF is in talks with New York-based WeWork and other US and Europe-based co-work…

[betacompression-blog]

WeChat tops the chart in communication for Chinese Professionals

New Post has been published on http://www.betacompression.com/wechat-tops-chart-communication-chinese-professionals/

WeChat tops the chart in communication for Chinese Professionals

There was a time when communication was done by different means and if we look back we can see that there were different modes of communication. At present, the world has fast-forwarded itself to a great extent and we can see that the people are adapting to the changing trends. There was a time when people use to communicate through phone calls, letters, and faxes.

Now, it is no more the same, the world is at present in the digital mode and everything happens within a snap of the fingers. It is an unbelievable fact that the technology has helped the world to grow to this extent. Smartphones are the gadgets which have been used on a regular basis by most of the adults and the number of users seems to increase exponentially.

We can say that it is hard not to see an adult without a smart gadget and use it seamlessly. It has helped millions of people across the world to perform their tasks effortlessly and in a swift manner. There are thousands of applications available for people to use and get benefitted through it. One of the most prominent applications which people tend to use is the social media apps and messaging apps.

WeChat is considered to be one of the most prominently used social networking apps. The app was designed for serving the purpose of has conversations with friends and family. As the popularity of the app increased, so did the usage of the app. It is now becoming more popular amongst the professionals in their workspaces.

This is being operated by Tencent Holdings which is listed under the Hong-Kong’s internet behemoth. WeChat is predominantly called as Weixin in its land and it is a most dominant app in the nation. It is said that there are around 889 million users who are active on the app. There are a lot of things which one can do with the app, we can send instant messages to our friends, make payments for the bills and buy movie tickets as well.

It is not just that, there are other services available as well, which will help people to get their work done seamlessly. The best part that, this app does not halt at just making the personal lives a lot easier for the people. There is a magnificent user database and the features of the app seem to increase and it is helping people to perform their tasks which are related to their work.

The app is not helping people to stay connected with their friends and family. It is helping people to stay connected in a professional way; we can say that the line is being cleared between the personal life and professional life. There was an analysis made and it showed that 90 percent of the 20,000 users surveyed felt the app to be the top most choice when it came to communicating at work on a regular basis.

There are instances when people need to maintain relationships with their business partners when they are entrepreneurs. It is essential that the communication is made and helps the people in the group to stay updated on the progress in their business. In that, this app is helping them to stay connected together and perform better at their work.

A recent report showed that around 87.7 percent of the users have used the app for their communication in their profession. On the flip side, other modes of communication like phones, mails, and faxes were used at 59.9 percent. It is evident that the social networking app has surpassed the conventional old fashioned ways of communication.

The least noted communications used by the professionals at work was by emails which scored a 22.6 percent of the usage. A senior market analyst stated, by coining the WeChat app as WeWork app as the users feel more comfortable in using it for the conversations and communications at work. Another fact is that 57 percent of the new contacts which the users come across seem to be related to work.

In the recent times, we can see that there is an increase in people exchanging QR codes to connect through WeChat, rather than going by the traditional way of exchanging name cards to stay connected. There are instances where the professionals use the app to share files with their fellow mates rather than using the conventional way to send files.

There has been a tremendous growth in the number of people who are using this particular app to get their work done in a swift way. It is not just about sharing the files related to the projects that the employees can share through WeChat. People can even hold conference calls with the help of the app from anywhere around the world.

If people tend to have their business relationships on WeChat at a high rate then it is essential that it is well maintained to make sure that the business performs well. At present, it is said that the company which owns the app Tencent is planning to add advertisements to the app as well. There has been a significant rise in the time spent on the app when compared to the previous year.

In 2016 on an average the users were using the app for around 66 minutes in a day. Now, the number of hours spent on the app has increased invariably and it is said that 34 percent of the users on an average spent around 4 hours. That significantly a huge growth and the impact the app has on the regular users of the app. Most of the users are glad about the fact that they are able to handle their personal and professional lives with the help of the app.

On the flip side, we can see that there are a few users who are not pretty much glad about it, as they feel that the app is consuming too much of their real life. The fact here is that anyone who is connected through the app will be able to send messages. It doesn’t matter whether the person is personally related or professionally, and it becomes essential for one to reply them back.

There are a few others who would like to divert from the app itself, as they feel to be used on a major scale. But, truth said that the people have to stay on the app to make sure that they are connected to their social connections. The fact that is 90 percent of communications which take place on the app is predominantly by the professionals.

Apart from using the app for sending messages to personal contacts and sharing the files with the professionals, there are other means in which the app being used by the people. For instance, it is said that the people are using this app for making their payments through the wallet in the app. This has helped the people to go cashless, the transactions which are being made on the app is said to be around 73 dollars and above on a regular basis.

WeChat is considered to be the 4th biggest messaging app used in the world and we can see that the numbers are increasing as well. It is evident that the WeChat wallet comes first for payments in the conveyance stores and supermarkets. Online shopping is considered to be the second after the wallet on WeChat. It is clear that this app has helped millions of people to perform better in their personal and professional lives with their social connections and we can expect that this will increase over a period of time.

Author Bio :- 

Anand Rajendran is the Co-Founder and CEO of Dectar a well known Software products development and Mobile App Development Company based in Chennai, India. He has extensive experience in building and leading innovative and collaborative software development teams to deliver major software applications like Scimbo – Whatsapp Clone Script. He loves exploring new things and sharing his knowledge with others.