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Return To Workplace Highest In Telecom, Consulting Sectors; IT Lags: Report

About 41% of occupiers said that solely as much as 25% of their staff have returned to workplace.

New Delhi:

Majority of staff in telecom and consulting sectors have returned to workplace with vital fall in COVID-19 circumstances however the IT sector is lagging, in response to a survey by Colliers and Awfis.

Property advisor Colliers India and co-working operator Awfis’ joint report explores the standing of return to work throughout totally different sectors.

“Because the third wave of COVID-19 began waning in February, the return-to-office gained momentum. In consequence, by June 2022 about 34 per cent of the businesses noticed about 75-100 per cent of the staff again in workplace (consists of hybrid work),” the report mentioned.

About 41 per cent of occupiers said that solely as much as 25 per cent of their staff have returned to workplace.

The survey confirmed that telecom and consulting sectors noticed the very best (75-100 per cent) price of return to workplace whereas IT and new expertise corporations noticed the bottom (0-25 per cent) price of return to workplace.

“The survey has made it clear {that a} distributed workspace technique is the best way to go for occupiers on this new period of experiential workplaces, as occupiers emerge from the after-effects of the pandemic. Flex areas, specifically, are main this progress, as occupiers from different sectors are housing groups in flex centres throughout cities,” Colliers India CEO Ramesh Nair mentioned.

Versatile workspace operators leased about 3.5 million sq. ft of workplace area in January-June this yr throughout the highest six cities, virtually three-fourths of the versatile area leasing in complete 2021, he added.

The survey was carried out throughout Could-June amongst occupiers to know their methods concerning distributed office. The respondents have been from totally different sectors equivalent to IT/ITeS, BFSI, engineering and manufacturing and others.

Complete 150 responses have been obtained from C-Suite executives spanning Founders, CEOs, COOs and CHROs of varied corporations. The corporate measurement of the respondents different, ranging from a spread of 1-500 staff to corporations having over 10,000 staff.

As per the survey, about 74 per cent of the occupiers are prone to undertake distributed workspace whereas 53 per cent of occupiers choose working from house plus workplace as their most well-liked office portfolio technique.

About 49 per cent of the occupiers are prone to undertake flex centres to allow distributed workspace, adopted by organising their very own workplaces in metro and non-metro cities.

The advisor sees alternatives for flex areas not solely in metro cities but additionally in non-metro cities. “In reality, in non-metro cities, whole flex areas are prone to develop greater than two-fold to five.5 million sq. ft by the top of 2022,” Mr Nair mentioned.

Amit Ramani, Founder and CEO, Awfis mentioned the findings of the survey are a testomony to the success of the distributed work mannequin and subsequently of flex areas in catering to the ever-evolved workspace wants of India Inc.

“Going ahead, 77 per cent occupiers will embody flex areas as a part of their office technique. We count on distinctive demand sooner or later, pushed largely by massive corporates for de-densification of present conventional workplaces,” he added.

In accordance with the Colliers India information, the gross leasing of workplace rose to 32.9 million sq. ft in 2021 from 30.1 million sq. ft within the earlier yr. Throughout 2019, the numbers stood at 44.8 million sq. ft throughout six cities — Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad and Pune.

Within the first six months of this yr, the workplace leasing has risen to 27.5 million sq. ft from 10.3 million sq. ft within the year-ago interval. The share of leasing by versatile workspace operators stood at 13 per cent. 

(This story has not been edited by IHNS employees and is auto-generated from a syndicated feed.)


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