Issues aside, cost efficiency, networking opportunity make co-working work

Real estate experts say such places work out to be 15-25% cost efficient vis-a-vis permanent offices

WeWork came in first with its co-working space, and a trickle of local players followed. That has now turned into a deluge, with mainstream real estate players such as DLF Ltd, the Hiranandanis and the Embassy Group getting into this business. 

According to ANAROCK research, driven by the information technology companies and start-ups, the co-working space segment grew 23 per cent growth in the second quarter of this year over the preceding quarter. Bengaluru recorded the maximum leasing activity in the segment during the period, followed by Hyderabad, Chennai, the national capital region and the Mumbai Metropolitan Region.

So why this rush