The Growing City: Importance of Virtual Office
The wealth of a nation is measured by the size of its economy. The economy, in return, depends on the total output in a fiscal year. And to increase the output one needs to focus on increasing the number of companies operating domestically. Firms and businesses need a lot of resources to thrive in an area. Apart from their internal structuring, they also need a host of external resources to function properly. The most basic of requirements comprise workspaces and conference rooms. In a country like India, most of the industries are centered on financially affluent localities. One of the prime locations that attract most of the investment in Gurgaon, the industrial area located near New Delhi. Located in Haryana, this city has witnessed rapid industrial growth in the last few years. The quickly increasing volume of trade means that corporate space in the area is drying up. To counter the still growing need for office spaces, the focus has now shifted towards Sohna road locality. Sohna is a town just outside Gurgaon, the incoming and outgoing traffic uses this route to reach their destination. For meeting the requirements of incoming businesses, Virtual Office is being constructed.
The outer areas of Gurgaon were not as developed as the ones facing Delhi. As businesses expanded here, the corporate sector leased or purchased the local assets and started constructing their offices. After a period of time, when startups and enthusiastic youth found their way here, they had not enough money to fund their offices. So they took up space on the other side of the city (Sohna road area). The government of the state came to their rescue and provided funding for developing a Virtual Office that can be put to use by these new companies. Slowly, but steadily Sohna road became a frequented destination of big corporate houses that outsourced their work to the small companies here. As they noticed the advantage that this area had to offer, they set up regional offices and provided investment to capitalize on the opportunities.
Entire corporate strategies are built on individual relations. It is important that significant attention is paid to the meetings; individual relations are built on mutual respect. The better the establishment, the more respected the delegates feel. Corporate negotiations and agreements are an integral part of operation, meeting rooms and corporate halls are the places where they are built.