The role and purpose of offices has evolved in the post pandemic era. Corporate culture is also evolving with the growth of digital enterprises, and emergence of network and team-based organizations. At Max Estates, we view the workplace as a strategic asset that evolves with the change in organisation structures and habits. Workplaces have progressed from mere physical avenues to collect your workforce, to places that promote the exchange of ideas, and boost collaboration, community, and creativity.
Workplace environment and ecosystem is a major determinant in not only employee satisfaction, but also productivity and success. According to a meta-analysis by Gallup, “engaged employees produce better business outcomes than other employees do — across industries, company sizes and nationalities, and in good economic times and bad.” It also impacts expenses related to employee turnover, absenteeism, and medical cover. Some of these expenses can leave your business stymied if not addressed properly. For instance, in the US, “Productivity losses stemming from absenteeism cost U.S. employers $225.8 billion each year, or $1,685 per employee.”, as per a report by CDC Foundation.
Secondly, a great workplace environment promotes employee happiness, motivation, and morale. A healthy workplace is significantly indicative of the overall success of your business. As report on the company culture suggests that in a workplace environment that is engaging and conducive, employees become motivated and deliver 21% greater profitability and are less likely to be absent from work.
The evolved workplace of the new normal
Microsoft India’s Work Trend Index highlights the trend and preference for hybrid working in India. As per the index, 74 percent of employees in India admit that they want more flexible remote work options. At the same time, 73 percent of them also want more in-person interaction with their professional teams. Business heads are thus considering redesigning existing workspaces to suit hybrid work environments better.
Source: https://theprint.in
Reimagining the Future of Workplace
Since the COVID-19 Lockdown, companies have and still are facing an unprecedented crisis of office closures and rapid mobilizations due to strictly imposed health and safety protocols. Even last year, as per the 2020 Global Occupier Sentiment Survey,70% of leaders were confident in their ability to set long-term real estate strategies even amidst the pandemic, and 73% of respondents expect flexible workspace will play a role in future strategies. With the accelerated vaccination drive supporting the momentum of ‘Return to Office’, each company will need to find its own new normal in terms of the mix within hybrid work place ecosystem and accordingly re-imagine the role of the physical workspace, and hence design of the office
With advancements in technology and services which integrate the physical and digital worlds of the employees, the opportunities and innovations that lie in front of us are increasing at an unprecedented rate.
Future of office has to be designed keeping in mind holistic well being of its users at the core of it. The pandemic has reinforced that a sustainable office building providing highest standards of air filtration, day light illumination and connection with art, nature and biophilia is not just good to have, but now imperative
Max Estates and Its Role in Workplace Transformation
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, we as a part of the ‘WorkWell’ philosophy always prioritized it as a key differentiator. With the changing role of the office, a need has also emerged to curate space the configurations and ecosystem of amenities we provide to tenants. As a progressive developer we have paid close attention to creating a unique confluence of spaces and amenities that enable collaboration, innovation and community, to combat the mental effects of the isolation that employees underwent due to the Covid-19 lockdown.
The 2018 Revision of World Urbanization Prospects by UN DESA showed that 68% of the world’s population is predicted to live in urban areas by 2050. Hence, there’s a growing demand for housing and infrastructure in these areas.
With a conscious strategy to focus on both Delhi NCR as the target market, Max Estates has already established two grade A+ developments – Max House, in South Delhi, and Max Towers, in Noida. Their upcoming development Max Square, on the Noida-Greater Noida Expressway, is set to take the idea of a holistic work environment even further, with the integration of nature and nurture in the workplace by including 10,000 square feet of natural urban forest right at the center of the development.
The future of work is being defined by developments like Max Towers and Max House, which not only provide tenants a quality workspace, but also an entire ecosystem of spaces, amenities and sustainable building design that caters to the holistic well-being of its inhabitants’ both physical and emotional aspects. Both buildings have received significant traction from corporate occupiers even during COVID, which is an evidence of ‘flight to quality’ as real estate heads re-look at their portfolio of real estate choices.
Max Towers
LEED Platinum certified and IGBC Health and Well-being platinum rated, Max Towers, provides a community-driven, and experience-thriving work environment.
With its unique WorkWell philosophy, Max Estates aims to enhance the quality of life of its tenants with the intent to eliminate weekly chores and facilitate them to be done automatically whilst you’re at work. Be it picking up your groceries, getting your hair and nails done, or ensuring you do not mis your fitness routine on week days – at Max towers, we’ve got you covered.
At Max Towers, the elegant integration of life and work isn’t just achievable but perfectly convenient.
Max House
A LEED Gold and IGBC Health and Well-Being Gold rate office asset, Max House is located at the heart of the Secondary Business District of Delhi and originally the headquarters of the $4B Max group. Max House offers ~105,000 sq. ft prime real estate distributed across eight floors and is already becoming the next business address in Delhi NCR selected as preferred destination by marquee clients.
It is prolifically designed to contribute to the future of work while considering human capital as a resident’s most important asset. Max House uniquely combines brilliant design and superior hospitality to create and nurture a more efficient, happy, and thoughtful community.
Max Square
Located on the Noida-Greater Noida Expressway, Max Square is designed to be IGBC Gold certified, and a pioneer in nature, health and well-being. It is set to house a first of its kind 10,000 sq ft central forest that seamlessly connects ‘nature with work’.
Max Square pays attention to the crucial elements that make up a modern workplace, including sustainability, wellness, design and a campus environment, enabling you to not just work, but flourish, and grow. One full floor is dedicated to suite of amenities including open retail, multi-cuisine F&B options, Food Court, Multi-purpose hall, Creche, Gym, meditation room. This clubbed with options for several outdoor activities, Max Square is destined to re-define expectations of prospective tenants from future of office.
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