Pandemic has effect businesses in various ways. There is not a single niche in the world that has not been affected by it, So managed office spaces too. After pandemic demand of office space has surged too quickly.

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https://www.businessworld.in/article/-We-Are-Back-To-The-Higher-Growth-Levels-As-Pre-Covid-Harsh-Binani-Smartworks/06-08-2022-440882/