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Co-Working Spaces: A Disruptive Force In Commercial Real Estate




Sanskruti Suryawanshi, NMIMS Kirit P. Mehta School of Law


ABSTRACT


Co-working spaces have emerged as a transformative force in the commercial real estate sector, driven by their flexibility, cost efficiency, and collaborative opportunities. This paper explores the impact of co-working spaces on the Indian real estate market, highlighting Maharashtra as a focal point due to its robust land laws and urban development policies. The study examines key regulatory frameworks, including zoning laws, lease agreements, and the Real Estate (Regulation and Development) Act (RERA), alongside challenges such as urban land scarcity and high operational costs. It also emphasizes the role of digitized land records, sustainability compliance, and the integration of co-working hubs in Special Economic Zones (SEZs). By identifying policy gaps and recommending reforms, the research advocates for a standardized legal framework to enhance the growth of co-working spaces while fostering innovation, sustainability, and collaboration. These findings underline the need for continuous adaptation in land use and regulatory strategies.


Keywords: co-working spaces, commercial real estate, land laws, regulatory framework, sustainability



Indian Journal of Law and Legal Research

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Abbreviation: IJLLR

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ISSN: 2582-8878

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Website: www.ijllr.com

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Accessibility: Open Access

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License: Creative Commons 4.0

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Submit Manuscript: Click here

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Licensing: ​

 

All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

 

Disclaimer:

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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