Spaces enters Mumbai’s co-working market with launch of first collaborative/co-working workspace in Andheri

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The workspace is spread over 40,000 sq. ft. area and offers seating capacity of 500+ in one of the defining start-up hubs of India’s commercial capital

Spaces, the Amsterdam-born creative workspace provider part of IWG has announced opening of the first co-working space – Spaces Andheri in Mumbai, along with exciting expansion plans for Mumbai market. Situated in the prime location at Kanakia Wall Street in Mumbai’s Andheri East district, Spaces Andheri is the perfect location for businesses and people interested in co-working workspaces. Spaces aims to redefine the way work is done and has cultivated a community of thinkers, achievers and imaginers worldwide.

Spread over an area of 40,000 sq. feet, the new co-working workspace will offer seating capacity for 500 plus people. With a distinct European flavour, the new Spaces will not just serve great coffee, but also be synonymous with a mixed community of people sporting both, suits and sneakers and representing businesses big and small alongside eclectic start-ups. The new Spaces provides stimulating workspace environment with comfortable seating and large windows that allow in plenty of natural light. The state-of-the-art facility provides a relaxing environment with open spaces, well-equipped conference room and an inspirational Business Club, which is accessible by more than three million global Spaces’ members. Also, by being in Andheri, the new Spaces is located at a place which is well connected to infrastructure and other places which will be of use in daily life.

Spaces at Andheri will host a wide variety of co-working spaces, meeting rooms, private offices, conferencing facilities and event spaces offering creative working environments. Other than Spaces-hosted events for knowledge sharing and networking, members can also make use of the event spaces to host their own client events or product launches.

Andheri has emerged as a sought-after business hot-spot for the vibrant startup community that ranges from e-commerce, logistics, foodtech, home services, edtech, and other tech startups among others. The area is also a business hub for more established companies including older corporates, hotels and IT companies.

Margot van der Poel, Co-founder and Brand Manager APAC at Spaces said, “We’re seeing the co-working phenomenon in Asia Pacific including India growing extremely fast than any other country globally, as digitization and new technologies as well as new mindsets and business opportunities transform the way businesses and individuals work. Mumbai is an incredible confluence of the east and the west and in addition to being India’s commercial capital, has also emerged as a great start-up destination. It makes business sense for us to be here and we’re extremely bullish about this market and the future of co-working in India.”

Harsh Lambah, Country Manager – India, IWG added, “Mumbai is one of the fastest growing markets for flexible and co-working workspaces today as corporates, entrepreneurs and urban millennials are increasingly gravitating towards the financial and strategic benefits to be gained from using flexible and co-working workspaces. The idea behind the launch of Spaces at Andheri is to tap into this rich ecosystem of established companies as well as young start-ups and provide them a co-working ecosystem like none other.”

Ramesh Nair, CEO & Country-Head, JLL India said, “Spaces by IWG is leading the workspace revolution worldwide and their foray in Mumbai augurs well for the co-working industry and business ecosystem in Mumbai. The demand for flexible offices – including co-working spaces and serviced offices – is growing faster in Asia Pacific than anywhere else in the world. In India, demand is expected to grow at 40 – 50% in 2018 and Mumbai has been one of the leading cities contributing to the growth.”

Himanshu Kanakia, MD – Kanakia Group, present at the inauguration said, “We are pleased to have IWG as our anchor tenant at Kanakia Wall Street. The prime location, excellent connectivity, the meticulously planned & designed amenities with enhanced retail offerings will provide Spaces’ members with a convenient work space in the heart of the city and cater to the growing demand for a flexible lifestyle-driven workspace environment. We look forward to collaborating with Spaces to create its maiden flagship facility in Andheri and believe that its growing community will add to the vibrancy of the upcoming business hub of Mumbai.”

Spaces will be doubling footprints in the country by the end of 2018 with the launch of 6 new workspaces across cities. A recent global survey by the company found that 58% of employees in India, work remotely from locations other than one of their company’s main office locations and 95% believe flexible working helps their business grow by enabling employees to be more productive while on the move.Spaces Andheri, Kanakia Wall Street, Mumbai - 2