Quick Answer: A managed office is a dedicated, fully fitted office space leased and managed by an operator (Awfis, WeWork, Smartworks). Unlike coworking (shared), it is private. Unlike traditional lease, it comes fully furnished with IT, housekeeping, security included. Cost: ₹8,000, ₹20,000 per seat/month.
Managed offices sit between traditional leases and coworking. Traditional lease: cheapest long-term but requires 3-9 month fit-out + large deposit + FM team. Coworking: flexible but no privacy. Managed office: private, ready on Day 1, single bill, flexible term (1 year minimum vs 5-year traditional lease).
Managed Office vs Alternatives: Traditional Lease: ₹30-60/sqft + 3-9 month fit-out + 6-12 months deposit Coworking: ₹6,000, ₹12,000/seat, shared, flexible, no privacy Managed Office: ₹10,000, ₹20,000/seat, private, fitted, 1-year minimum
Best for: 15-200 person teams who want privacy + flexibility
Awfis, awfis.com
WeWork India, wework.co.in
Smartworks, smartworks.in
Skootr, skootr.com
Table Space, tablespace.com
Determine team size now + 12-month growth projection
Minimum term: 1-2 years for managed office (negotiate flexibility)
Inclusions: furniture, IT infra, pantry, housekeeping, reception?
Customisation: can you brand the space?
Security deposit: typically 3-6 months
Exit clause: what is the notice period?
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