In the ever-changing landscape of the workplace, organizations utilize “SPACE” as a way to create a strong impression, boost employee productivity and financial performance. A notable trend in the corporate world is the increasing emphasis on higher-quality office fitouts, aimed at fostering employee engagement and well-being.
Insights from Savills India highlight a shift in office space preferences, with 35% categorized as standard, 50% as mid-grade, and 15% as high-grade. This data emphasizes the growing preference for premium office environments among businesses.
The rationale behind this trend is multifaceted. Companies are realizing the connection between workspace quality and employee well-being. By opting for higher-spec offices, businesses aim to create an environment that fosters better employee engagement, attendance, and retention.
Digital Technology & Office Fitouts
The key steps in planning office fit-outs include defining project scope and objectives, conducting needs assessments, developing design concepts, budgeting, selecting contractors, obtaining approvals, coordinating with stakeholders, planning for relocation, procuring materials, and overseeing construction.
While inflation rates in office fit-outs were stable pre-pandemic, there has been a noticeable increase since then. However, technological advancements have helped mitigate costs by facilitating local sourcing and reducing reliance on imports. Digital tools like PlanRadar have been instrumental in cost reduction and project management, improving overall efficiency and productivity.
Companies like HIDECOR optimize resource management, expedite project timelines, and enhance risk management using tailored software. With our design software aiding in creating accurate floor plan models and visualizing elements like partitions, furniture, flooring, and décor, the workprgress has become faster with low investment.
Conclusion
The growth of the construction and interior design industries in India emphasizes the significance of office fitouts. The government’s focus on infrastructure and increased foreign investment has driven construction forward. Similarly, interior design has seen significant growth, reflecting the importance of superior work environments in fostering employee well-being and long-term success.