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Indian serviced office demand grows in times of crisis

The Indian property website says most companies have shelved plans to purchase office space but instead many see serviced office rentals in India as the way forward.

So much so, have just added another centre in Pune, offering a safe cost-effective springboard from which international companies can seize business opportunities in one of the fastest developing cities in India. Mr Anil Kumar from said "this enables businesses to breakthrough the downturn by providing an immediate presence at minimised risk in India, with fully furnished and equipped office space. This ultimately reduces risks for businesses in what is a very unpredictable climate."

Flexibility is the key in this downturn added Mr Kumar, "Businesses are opening satellite offices on flexible terms, with no up-front capital expenditure."  Through the serviced office route companies have the flexibility to change which is helping them survive the downturn better than those with large purchased offices.

Other products, such as virtual offices are helping companies cut costs and still enter India. They can operate a local address and a telephone answering service and maintain  a presence at a fraction of the cost. now offers serviced offices in 22 locations all over India.