NEW DELHI: With the steady growth in the demand from commercial real estate, the interior turnkey solution market has witnessed a progressive trend in their sector. As commercial space demand surges, the sector is expected to further witness a tremendous opportunity to leverage in coming years.
“Today, various start-ups, collaborative workspaces and other offices, be it an established business or a new company opt for complete fit-out services. As one-stop solution overcomes the hassle of limited time constraint, Turnkey is a perfect solution for all commercial interiors problems,” says Umesh Rao, Founder & CEO, Vector Projects (I) Pvt. Ltd.
Today, clients seek a single trusted partner to deliver fit-out solutions for their workplace as opposed to multiple vendors which was the prevailing custom so as to ensure assured quality, timely delivery and within prescribed budgets. The concept of one stop solution, however new, has been welcomed for designing of various commercial spaces.
Ashok Kularia-MD, ANJ Turnkey Projects avers, “Companies today demand a one-point contact model for Interior fit-out requirements given the stringent timelines, quality standards expected and the cap-ex involved. And this market is only slated to grow.”
Though start-ups and new offices makeup an impressive portfolio, old and established companies too prefer refurbishing their interiors. Companies are focussing on their workspace design to increase employee satisfaction, boost productivity and provide a comfortable working environment. Companies like Cognizant, TCS, Infosys, Edelweiss among others have already opted for such solutions in their office spaces.
With the visible transition in the Indian work culture, office furniture and interiors have seen a major evolution. The furniture today is especially designed to reflect needs of modern-day employees and invoke collaboration, flexibility and mobility. As modern offices continue to evolve and adapt their workplaces to changing technology, the workplace design and furniture also reflects the latest trends-alternate work styles, company culture, and ergonomics.
“Breaking the norms of fixed workstation and cubicles, workspaces today are implementing flexible seating, open collaborative spaces and lounges, glass design furniture, standing workstations, privacy pods, multipurpose furniture etc.,” says Rao.
Also, more and more companies are embracing branded workplaces to communicate and reinforce company’s position, identity as well as unifying culture. The inception of the start-up culture has indeed disrupted the traditional office spaces of demarcation of departments, permanent seats and cubicles and monotonous ‘comfort zones’.
Along with offices, residential sector is also expected to adapt to this new concept of integrated solutions. “Besides redesigning of office blueprints to include creative spaces, the residential segment has also seen an increase in technology led designs, using simple ergonomics to define the comfort in living. Today, the home spaces opt to be functional yet aesthetical that expresses one’s lifestyle and standard of living,” adds Rao.
Credits ET Realty