This will in due time force them to take up office spaces to seat the large number of employees that they are and will hire in the time to come. This calls for the requirement of huge office spaces. Be it a coworking space or an independent office, both these will require new age commercial formats to nest these companies and their fleet of employees. 

The start-up world is booming and will continue to and this directly correlates to the increase in demand for commercial space. 

The IT-enabled “new normal” 

With e-commerce booming during the last one and a half years, the pandemic has also demanded more warehouse and storage space for inventory management that is now essential for large e-commerce conglomerates.

Even if you take into consideration the flocks that have adopted the work from home culture, data centers will be key to sustaining this way of life. Data centers facilitate an organization’s shared IT operations and equipment for the purposes of storing, processing, and disseminating data and applications.

Change in the way construction is carried out

While the requirement for physical labor has gone down and so have the employment rates and need for manpower, this hasn’t necessarily reduced the capital needed for construction. The advent and focus on technological advancements have changed the way construction is carried out. Construction companies are now using construction-focused drones, hardware, 3D printing, smart wearables, pulsed radar object detection, immersive technology, and radio frequency identification (RFID). These innovative tools are primarily used to enhance the customer experience and deliver a product with a level of sophistication like never before. 

We will soon begin to see structures and interior concepts that could at one time only be thought of as impractical fictitious ideas. 

The emergence of India as a business hubspot will greatly impact the need for commercial infrastructure. Cheap labor, efficient labor class within the idealist age range and affordable wages are what is drawing MNC’s from all over the world to South Asia. 

We’ve already seen plenty of examples with several business parks coming up all over the country. Bangalore, Noida, and Gurgaon are prime examples of this phenomenon. As this continues to happen, over time the need for modern commercial office spaces will only go up.

Fractional investments are now widely available 

With the general problem of huge initial capital requirements being solved, many retail investors are now opting to go the fractional way to get their slice of the cake. By this I mean, without having to part with a huge amount of money in the range of 25 crores, investors can now begin investing in commercial real estate with an amount as low as 10 lakhs.