Amsterdam-based Spaces makes room for flexible workplace in India

With demand for flexible workspaces growing, Amsterdam-based workspace solution provider Spaces has entered the Indian market with its first co-working space in Gurugram.

The company said it plans to expand to at least 50 locations over the next couple of months.

A part of IWG group — which provides global workplace, with almost 3,000 business centres spanning around 900 cities — Spaces is the new format which provides flexible working solutions to new-age entrepreneurs, among others.

“It is a new concept of workspaces which is different from the rigid corporate environment. We are looking for spaces that can be used as flexible workspace. We will either get into partnerships with developers or take up space which can be converted into flexi-workspaces,” Harsh Lambah, Country Manager, Spaces, told

The company plans to set up its next facility in Chennai. Spaces has its presence in four continents —Europe, the Americas, Australia and Asia. The Gurugram workspace is the 25th facility globally for Spaces.

Lambah said Spaces offers a creative working environment with a unique entrepreneurial ethos.

“Our workspaces offer an inspiring environment designed to integrate lifestyle into work, and members are encouraged to build their networks and connect,” he added. The Gurugram facility is spread over 30,000 sq feet and has 450 seats that can be rented on a per-hour or monthly basis.

Co-working spaces as a concept has been gaining currency in India — both in the major cities and Tier II towns — as it provides start-ups with flexible working options at affordable rents.

According to JLL India, at last count, there were more than 100 operators in this space across India, though the supply of co-working spaces is still limited.

A research by Collier International said the concentration of co-working space will intensify further in Bengaluru, Mumbai, and Gurugram due to the availability of adequate infrastructure and opportunities for start-ups in those cities.

The report pointed that although major co-working operators leased only 1.2 million sqft in 2016, which accounted for 3 per cent of the overall leasing volume, Colliers forecast that the plan is to lease 8- 9 million sq ft by 2020.