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    Correction in land prices will allow developers to build efficient offices: Experts

    Synopsis

    Industry expert said that significant correction in land prices will allow developers to build better and more efficient offices to make the entire office experience better. Experts also said that many organizations are looking at temporary re-designing of their workspaces as a way to save cost in the current situation.

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    NEW DELHI: The necessity to have a central office structure may not be relevant in the near future, experts said in a webinar organised by home-grown flex work space provider, Awfis.
    Industry expert said that significant correction in land prices will allow developers to build better and more efficient offices to make the entire office experience better.

    “The shape of the offices coming out of the pandemic will be very different from going in - hub and spoke models, new office designs to promote greater collaboration and touch down points, and a change in density norms would be a few of the big changes expected,” said Anshul Jain, Managing Director, India and South East Asia, Cushman & Wakefield.

    Most of the industry veteran believed that social contact is necessary.

    “Six months into the pandemic, remote working has emerged as the new normal. It has completely changed the landscape of the Indian workspaces,” said Amit Ramani, CEO and Founder, Awfis and Vice President, Indian Workspace Association.

    According to Juggy Marwaha, CEO, Prestige Office Ventures, de-densification, contactless entry into the buildings would be the norm at newer workspace models.

    Experts also said that many organizations are looking at temporary re-designing of their workspaces as a way to save cost in the current situation.


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