Delhi is the capital of India and a city located in the Northern part of India. The city border is surrounded by state Haryana and the state of Uttar Pradesh. Delhi is one of the largest commercial districts in North India. The city of Delhi consists of two parts Old Delhi in the North and New Delhi in the South. Delhi has a great historic significance and is an important commercial, transport and cultural hub and is also the political centre of India. Delhi’s most of the working population is engage in trade, public administration, finance, and professional services which makes Delhi a prominent and dominating trading and commercial center of India. Being a financial city, there has been a huge surge in coworking spaces in Delhi in the past few years to make sure the commercial areas of the city emerge thoroughly by giving all kinds of benefits to corporates, freelancers, IT, and software companies. Delhi has also supported its function of being a banking, wholesale trade and distribution center. The city is also the headquarters of Reserve Bank of India, division headquarter of insurance business, and is also the house of Delhi Stock Exchange. Top attraction of Delhi is Lotus Temple, Raj Ghat, Akshardham Temple, Rashtrapati Bhawan, India Gate, Qutub Minar, Red Fort, Jama Masjid, Humayun Tomb.
Delhi is not just known as a political and historical city, the city has some of the biggest commercial, financial and real estate hotspots areas within it. Though the city is popular for its residential activities, but commercial activities are growing at a tremendous rate. The areas of Delhi like:
· Nehru Place
has always been the commercial centres with most of the corporates having their office spaces. As the key services industries in the city are of Information technology, telecommunication, hotels, tourism, media and banking, real estate, power, and health. Delhi has the largest and the fastest-growing retail industry in India and even has the largest consumer market and availability of skilled labour.
With the start-up ecosystem gaining momentum in different cities of India, office spaces in Delhi have also seen a significant rise and growth. As there are many reasons why companies, freelancers, and corporates are more and more inclined to work from a coworking space and a serviced office. Some of the reasons are the low rate of maintenance, flexible working environment, less investment, Easy entry and exit terms. To name a few of these coworking spaces in India we have:
· WeWork, having its headquarters in New York and operating in Delhi, Pune, Bangalore, Hyderabad, Gurgaon, Mumbai.
· Cowrks having its operations in Chennai, Hyderabad, Mumbai, Bangalore, Delhi.
· Avanta having its operations in Gurgaon, Delhi.
· 91Sprinngboard having its presence in Delhi, Gurgaon, Goa, Hyderabad, Bangalore, Chennai.
The cities having the highest growth of office spaces are:
with having exponential growth of startups, tech, and internet-based companies. India is one of the fastest-growing economies of the world and has the biggest population of start-ups, SMEs and large enterprises, with all of them looking for a cost-effective operational cost. Delhi being the capital and the financial hub has seen a rise of these companies in the past few years thus the rise and expansion of coworking spaces in Delhi have given support and encouragement to these companies with offering them plug and play setup which is cost-effective and convenient. There are areas in Delhi which are very prominent commercial hubs, most of the companies, freelancers, corporates, coworking spaces, shared workspaces, business centres, Malls, Hotels are located in these areas. To name few of these business districts of Delhi Connaught Place being in the centre of Delhi and close to most of the government offices is the most prominent followed by Nehru Place, Saket, Janak Puri, NSP, Okhla, Aerocity, Vasant Kunj, Jhandewalan, Defence Colony, Lado Sarai, Shahpur Jat, Bhikaji Cama Place, Lajpat Nagar, Green Park Hauz Khas, Dwarka, Mohan Corporative.
Delhi being the Capital and having mixes residential and commercial activities is very well connected by Road and metro transports within the city and also to the NCR which includes Gurgaon, Faridabad, and Noida. The Delhi metro has been highly successful and growing and touching almost all the residential localities and commercial districts of Delhi. Delhi Metro is India’s modern public transport and is the tenth-largest in the world and is owned equally by the Government of National Capital Region and the Government of India. The metro is also serving the NCR regions like Ghaziabad, Gurgaon, Noida and Faridabad which helps the commuters from different regions to access the city. All the office spaces, serviced offices, and coworking spaces in Delhi are very well connected by the metro as they fall in the business districts of Delhi and need a proper connectivity for the commuters to move freely and conveniently. Delhi is also connected by Air transport with other parts of the country. The Indira Gandhi International airport which is located in the Western corner of Delhi connects various national and international destinations. Delhi is also well connected by Rail transport to various parts of the country. Anand Vihar Railway Station, Nizamuddin Railway Station, New Delhi Railway Station, and Sarai Rohilla Railway Station are few names from where trains can be found for several other routes in India. All these stations are well connected by the Delhi metro for ease of access and convenience. The road transport of Delhi is also very robust connecting every corner of India with its capital. The Inter-State Bus Terminal (ISBT), Sarai Kale Khan Bus Terminal and the Anand Vihar Bus Terminal are the three major terminals of Delhi from where commuters can find buses to different parts of India. The Delhi Transport Corporation (DTC), operates its services within different parts of Delhi making sure all corners residential, commercial are well connected by this read transport. Delhi Transport Corporation has the largest fleet of eco -friendly buses with them.