Office Bubbles: Hyd Metro Rail to offer flexible, remote co-working spaces at stations

Hyderabad: L&T Metro Rail (Hyderabad) Limited (L&TMRHL), as part of its transit-oriented development (ToD), has started a unique concept called "Office Bubbles" to offer secured, remote, co-working spaces. Through Office Bubbles, L&TMRHL aims to fulfill the surging demand for co-working spaces and locational flexibility of office spaces in Hyderabad.

ToD segment of Hyderabad Metro Rail has been creating vibrant urban spaces integrated with a high-quality transit system with a focus on enhancing the quality of life. ToD offers around 18.5 million sq. ft. of space for work, shopping, leisure, entertainment, and healthcare along with parking and circulation area.

Focusing on IT companies, the Office Bubbles concept offers a 'Hub and Spoke' model, enabling them to open strategically dispersed smaller offices across the city. LTMRHL will be using the high-quality transit-oriented spaces in the un-paid (pre-ticketing) areas on the concourse level of its stations.

Close to 0.4 million sq. ft. will be dedicated to Office Bubbles for lease, encompassing 1,750 sq. ft. of two units across 49 typical metro stations and 5,000-30,000 sq. ft. of spaces at eight non-typical metro stations. One can expect spaces to be offered in bare shell, warm shell, and plug & play formats depending on the clients' requirements.

K.V.B Reddy, the MD and CEO of L&T Metro Rail (Hyderabad) Limited, said, "We are proud to offer 'Office Bubbles' as a first-of-its-kind concept being rolled out in the Indian urban transportation sector. Office Bubbles aspires to help corporates with its competitive advantage of highly connected, secured, and reliable remote co-working spaces. This solution would also cater to the new normal, where locational flexibility and data security become a prime concern for the corporates. This concept is not only a natural and logical choice for start-ups but also large corporations progressing towards co-working spaces owing to the agility and flexibility it offers."

Some of the key benefits that one can expect from Office Bubbles are:

· Flexible workspace and working style with a reduction in employee travel time.

· Predominantly lower operational costs, better infrastructure, and networking opportunities.

· Protection of clients' intellectual property.

· Secured spaces in 57 stations across the city with CCTV and access control.

· Dedicated data connectivity (LAN) coupled with a ready Fibre Optic Network.

· Reliable power supply, high safety and security, including fire safety compliant infrastructure.

· Availability of round-the-clock security and operations.

· Easy travel for employees by metro rail; available parking spaces.

· Downsized city centre offices and reduced costs.

· Other conveniences include bank ATMs, F&B outlets, etc.

· Easy to isolate any affected person(s) without disturbing the functioning of other units in the event of any pandemic or related crises.