Post-covid, the commercial real estate industry is witnessing significant transformations, including hybrid work culture, social distancing norms, and an increased need to promote employee well being for the employees at work. There is an increasing trend of flight to quality, with top-notch companies upgrading to Grade A+ spaces, even while reducing the total office space requirement. Organizations are choosing well maintained contemporary office complexes that offer better employee well-being and the best of amenities.
The renewed role and purpose of offices is now bound with an expectation of the whole package of offerings – design, strategy, and offering towards aspects including prime location, assimilated technology, international standards of health and safety, customizable design and space, user experience, and community building. Developers who follow these commandments and are able to adapt to the new normal in workspaces will thus gain an edge over their competitors.
As a Grade A+ office space player that provides an unparalleled experience through their developer owned and managed workspaces, Max Estates has emerged as a strong player in the Delhi-NCR market, with both our developments Max Towers and Max House witnessing a rise in leasing even during the pandemic. “At Max Estates, we have adopted an agile approach to the new hybrid model of work, and the renewed requirements that come with it. While focus on health and well-being is now paramount, a need has also emerged to curate spaces and ecosystem of amenities we provide to tenants. As a progressive developer we have paid close attention to creating a unique confluence of spaces that enable collaboration, innovation and community.”, says Mr. Rishi Raj, COO, Max Estates Ltd.
Choosing the right developer for your new office space has become a crucial consideration in the post-pandemic world to ensure your employees’ holistic well-being – both physical and emotional – is being taken care of.
Some of the key advantages of choosing a credible and reputed developer curating Grade A+ developments are:
Timely Completion
In an industry ill-reputed for long waits for possession, choosing a grade A+ developer will ensure you are able to plan your timelines with assurance of timely delivery. Timely completion of the project is an indirect driver of increased ROI for the developer as well as the buyer and allows for strategic planning to be successful.
All reputed real-estate developers strictly comply with RERA and other statutory norms, which also protect the consumer from delays and abandonment of projects.
An Ecosystem of Amenities and Facilities
Offices have moved beyond the typical idea of standard structures made of concrete, metal and glass. Grade A+ developers no longer believe in creating spaces where employees spend a limited time to slog and finish their work. Rather, they aim to create a broader working experience supported by various conveniences and amenities that converge together into a holistic space. Accompanied by ergonomic and tasteful work areas, these holistic spaces ideally constitute a suite of amenities such as sports facilities, retail avenues, and recreational spaces.
For example, at Max Towers in Noida, the office space is designed to address the future of work, with the highest level of air filtration, sanitation and health & safety norms. It houses a unique confluence of spaces and amenities including an al-fresco cafeteria, open-air cricket cage, badminton court, meditation room, early learning centre, fitness hub, food and beverage outlets – paying homage to Max Estates’ philosophy of WorkWell by taking care of its occupants’ holistic well-being. The development, which is now over 96% occupied, is encouraging people to think beyond work, thereby fostering creativity and learning. Events created through our inhouse vertical pulse, helps tenants engage with each other and rejuvenate, even while they are at their workspace!
Flexibility and Agility of Time and Space
Flexibility is becoming a crucial element while choosing a suitable office space. With the phased return to work, organisations are evaluating spaces that cater to demands that require low capital outlay and offer scope for expansion. The enhanced demand for co-working spaces has also pushed developers to reinvent office spaces into customizable and affordable corporate spaces. Firms and organizations that face capex constraints while hiring office spaces can now find a multitude of choices at excellent locations within their budget.
Site visits have also become more difficult with the constant restrictions and risks of travel, forcing more and more decisions to be made online or off-site.
Developers are deploying space management technologies and employing tech and data-driven solutions, including touchless desk booking and check-in, real-time floor plan views, visualization of desk occupancy, etc. to help adapt to the new demand of workspaces.
Max Estates, in partnership with players specializing in real estate technology have developed high-end 360-degree views for their guided virtual tours to enable clients navigate the entire office complex at their own pace, without compromising on the experience of a physical site visit, while reducing the need for travel or physical presence.
At the same time, Max Square, their upcoming development in Sector 129, Noida, is created with focus on providing flexibility to its future occupiers. Tenants will now be able to choose from opting for warmshell floors, built-to-suit custom tailored spaces, zero capex solutions and managed offices.
Security and Safety
Competent developers look for the best materials to ensure longevity and strength of their structures. Grade-A office spaces hold a significant advantage as they are better equipped to provide a safe and healthy environment through not only the use of right materials during construction, but also ensure compliance of safety standards, and use of the latest technology to ensure maximum safety.
Source: SafetyTech
At Max Estates, the dedication to safety is also guided by technology, with touchless destination-controlled elevators allowing contactless entry, high end air purification systems providing clean air, and surveillance through AI systems helps monitor the surroundings.
Sustainable Spaces
The sustainability motto has become a prime factor for modern organizations who are conscious of the impact they leave on the environment and the global community. “Buildings are responsible for half of the world’s energy consumption and contribute nearly 40% of global greenhouse gas emissions.” Thus, it is essential to monitor energy consumption, disposal methods, recycling provisions and use of sustainable materials, from the inception stage of developments.
Decarbonizing, energy efficiency and employee wellbeing are concerns that are high priority with conscious and progressive organisations. The workspaces of the future look at quality holistically, with the well-being of both the occupiers and the environment kept in mind. Agile developers are now keeping this in consideration while planning their developments, and ensuring adherence to the laws and standards set by various guiding international bodies.
For instance, Max Estates’ developments take care of the minutiae of sustainability and environment friendliness, with close attention paid not only to use of sustainable materials, but also to conservation, recycling, and efficient use of resources. Both their currently functional assets, Max Towers and Max House have been LEED and IGBC certified, with Max Towers earning the platinum rating and certification, and Max House gaining a gold certification and rating.
Attention to detail
Grade A+ workspaces are designed by a team of professionals – designers, architects, researchers, marketers, tech experts, legal experts etc., which focus on a balance between aesthetics and functionality.
A good developer will pay attention to every detail – from aesthetics to ergonomics, from design to floor plans, from the color scheme to biophilic design, from choosing the right set of amenities to incorporating inspiring artwork, and so on.
Max Estates has been spearheading a revolution in designing better workplaces with a collaborative design that fosters innovation and creativity. Their upcoming development Max Square integrates the elements of nature and nurture in the design, and ensures stimulation of the primary senses, elevating the experience of working to another level. With a unique 10,000 sq ft. central forest at the heart of the development, and amenities such as retail avenues, early learning centre, food court, gymnasium and more, Max Square is set to emerge as the future of work, that caters to the holistic wellbeing of its tenants.
Brand Value
An organization’s workplace serves as a landmark and plays a critical role in the way a brand is perceived by customers or audiences. Choosing the reputed developer automatically signifies a brand promise and assurance of quality, ensuring your workspace is associated with the best in the business.
Grade A+ workspaces, especially if owned and managed by reputed developers attract marquee clients, ensuring your workplace community is always top-notch.
Max Estates is building premium workspaces, ready for the future of work. As a progressive real-estate developer, it has been a forerunner in building premier developer-owned and managed offices with global certifications. The unique confluence of spaces in Max Estates’ developments enables collaboration, innovation, and community spirit, through their unique WorkWell philosophy, which takes care of both the physical and emotional well-being of its occupiers.
