1.

INTRODUCTION TO SUBJECT AND TOPIC OF RESEARCH

CO-WORKING SPACES: Self-directed, collaborative, flexible and voluntary work style based on mutual trust
and sharing of common values.
Social gathering of a group of people who are still working independently.

Co-working is a style of work that involves a shared working environment. Unlike in a typical office
environment, those co-working are usually not employed by the same organisation. Typically it is attractive
to work-at-home professionals, independent contractors, small start up organisations , remote operation
teams or people who travel frequently who end up working in relative isolation. The target group would
majorly include individuals from creative industries or new media.

Co-working is also the social gathering of a group of people who are still working independently, but who
share values,and who are interested in the synergy and spontaneous collaboration that can happen from
working with people who value working in the same place alongside each other.

This is a proposal to the problem of isolation that many freelancers have, have escape any distractions at
home.
A working space that changes the outlook of a stereotype work space altogether.
Analysing the urban/rural relevance of such an intervention and its future scope. Blurring the formalities
associated with work, and amalgamating the experience into a holistic life style that allows you to enjoy the
pleasures of travelling and exploring the cultural diversity in a country with the perks of professional
Stability, creative and collaborative opportunities and an all-round personality development.

A1) An alternative solution that can cater to those that seek what the city ceases to give.
There are certain less idealistic notions about working spaces which need to be addressed. Foster a
collaborative spirit in these professionals and a friendly, conducive environment to work in.
What is work?
Work in the most generic sense to humans today is to contribute and benefit from the economic system.

These could be like ‘home offices’- idea of combining the freelancing with the structure and community ,
exchanging skills and best practices.

Can we establish a community through working spaces?

Unlike a traditional office, co-working spaces consist of members who work for a range of different
companies, ventures, and projects. Because there is little direct competition or internal politics, they don’t
feel they have to put on a work persona to fit in. Working amidst people doing different kinds of work can
also make one’s own work identity stronger.

The creation of more and more unconventional jobs and income sources in the age of media calls for a
space that can nurture these independent professionals.
India has emerged as the third largest start-up base and such ventures are poised to grow 2.2 times to reach
10,500 by 2020 despite a perception that the ecosystem in the country has slowed down in the last year,
says a report. India is in the third position just behind US and UK, and nearly 1,400 new startups are
expected by end of 2016, up by 8-10% from last year, revealed the "Indian Startup Ecosystem Maturing -
2017" report by Nasscom-ZINNOV. The report also finds that Bengaluru, NCR, and Mumbai continue to lead
as the major start-up hubs in the country.

Clientele for the proposed architectural intervention would be the minority youngster that dare to scout the
independent job sectors, where they are answerable mainly to their innate sense of purpose over the
hierarchal society that governs the majority population. The concept if applied within practical structure can
truly bring the notion of work for these individuals as closer to idealism.

Why India Is The Next Big Thing In The Collaborative Workspace Market

India has emerged as one of the world’s most preferred markets to invest in, thanks to its thriving economy,
growing startup ecosystem, and ever-widening talent pool. As businesses, both big and small, continue to
mushroom and spread their wings, an expensive real estate along with an acceptance of a new way of
working has only spurred the demand for a coworking or a collaborative workspace in India.

For long, the Indian real estate market was restricted to large, fixed office setups, but the high cost of
establishing them and the challenges of long-term leases have made it a non-viable option. This is why,
today, Indian companies from across the spectrum are warming up to the shared workspace deal. Gone are
the days when offices were just about a desk and a chair. Today, workspaces, or rather collaborative
workspaces, have shifted the focus to saving time and money, along with creating a community and a
culture of working better together.

Looking at the massive potential coworking has, I can say for a fact that India will emerge as one of the
largest markets for shared workspaces in the coming years. In fact, we conducted a study with JLL on the
coworking revolution, which concluded that the Indian industry is expected to receive $400 Mn in
investments by 2018. Isn’t that amazing?

The study also said that millennials will form 50% percent of the global workforce by 2020. It aligns with why
collaborative spaces are catching on in India. We are the youngest startup nation in the world with a growing
millennial workforce, with the need to build communities.

[So, this “anytime, anywhere” offering seems to be working out well for everyone. Today, there is a need for
building communities and having a strong work-life culture, and spaces like WeWork are helping fulfill this
demand.]

While the concept of coworking spaces first came into being in India because of the startup ecosystem, the
good news is that nowadays everyone from freelancers and large enterprises are embracing this
revolutionary shift in office dynamics, and with good reason. They don’t have to worry about hefty security
deposits, inflexible long-term leases, or unnerving logistics. Instead, companies and their employees have
better access to creators, a community, a vibrant work-life culture, at significantly reduced real estate costs.
The coworking concept is hardly new, but what excites me most about it is the tremendous growth it has
seen around the globe, especially in India. Today, it’s all about working in an environment that encourages
collaboration and boosts employee motivation. Business owners are now realising the potential of shared
workspaces and adapting to the idea of a budget-friendly physical workspace where they get tailor-made
office solutions and a space to network and collaborate.

The way people work and live in India is undergoing a fundamental shift. The traditional office setup has
been deemed as uninteresting and not conducive to creativity and innovation. Instead, people are looking at
modern collaborative spaces like WeWork, which foster the idea of establishing a community and a culture.

[I mean, imagine a workspace where you could brainstorm over a mug of beer or connect with someone
from a completely different industry; it’s a place without hierarchy, where your company size doesn’t
matter, and where creativity scores and networking thrives. It’s a win-win situation for everybody.]

It’s true — the future of work is changing. Coworking spaces may have a small footprint for now, but they’re
slowly carving out a significant space in the real estate industry. Factors such as flexibility, networking
opportunities, and cost-effectiveness will only continue to drive demand for collaborative workspaces,
they’re resulting in a paradigm shift in the way companies operate. And it bodes well for the startup
ecosystem and industries as a whole, because some of the best innovations are the outcome of community
collaboration.

Co-working is the new age of workspaces and it’s here to stay in India.

CHAPTERISATION

1.INTRODUCTION /ABSTRACT

2.HYPOTHESIS

3.THESIS STATEMENT

4.METHODOLOGY

5.SCOPE OF PROJECT

6.EVOLUTION AND HISTORY

7.AIMS AND OBJECTIVES

8.LITERATURE REVIEW

9.PROGRAMME

10.CASE STUDIES

11.SITE STUDIES

12.CONCLUSION