Co-working spaces to grow 50% in 2017, says JLL India chief

In FY17 has seen a massive spike in the growth of the co-working industry

Co-working spaces are set to grow by 50 per cent to over 1 million square feet by the end of the year in the country, property consultant JLL said today.

JLL research predicts that by 2025, 42 per cent of country’s population will be living and working in its urban centres. With this growth in the urban population, there will be a far greater demand for shared workspaces in less than a decade, it said. 

“Co-working is expected to receive $400 million in investments by 2018 and is set to grow by 40-50 per cent to reach over 1 million