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ARTICLE · 19 JUNE 2020

Legal Drawbacks In The Framework Of Co-Working Spaces

In the past decade, the concept of Co-working has gained popularity very prominently in India.

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CO-WORKING IN INDIA

In the past decade, the concept of Co-working has gained popularity very prominently in India. Co- dependence on the professional front is the newest trend of the world economy. A major reason behind this is that the Generation-Y weighs the pros and cons of a business model from a very contemporary aspect, in comparison to the past generations. Gone are the times when big, private and independent office spaces were considered as an imperative asset for growth and to function appropriately.

Another reason why India has welcomed the concept of co-working with open arms is that our economy is the third largest contributor to the start-up ecosystem, globally and currently we have over 6000 start-ups functioning and growing in our country. Co-working spaces offer materialistic comforts as well as business and networking opportunities to the intellectual brains at very affordable and competitive prices. Moreover, these spaces come with

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This content is purely an academic analysis under "Legal intelligence series".

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Disclaimer: The information contained in this document is intended for informational purposes only and does not constitute legal opinion, advice or any advertisement. This document is not intended to address the circumstances of any particular individual or corporate body. Readers should not act on the information provided herein without appropriate professional advice after a thorough examination of the facts and circumstances of a particular situation. There can be no assurance that the judicial/quasi-judicial authorities may not take a position contrary to the views mentioned herein.

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