Points to consider before you take a commercial property on Rent in India
So we are listing out some very important points before finalizing a commercial site.
Rent is a major portion of your investment for the venture so having nearly a clear idea would help to segregate the dream vs reality in Realty sector.
Be clear on your vision and the area you are looking for. Usually in excitement and anticipation people go for much bigger office space which is not required at all and they suffer because of the terms and conditions of the lease agreement of a commercial property and later become a reason of disappointment. Better start small and when income grows you can steadily increase the area of the space. You know how all the big companies started small.
Commercial spaces can be raw or fully furnished or some commercial space providers do a full fledged ready to work office spaces which are very much advanced like commercial co working office spaces . Prefer a shared commercial space if you want to avoid burden and expenses of office boy, internet, parking, electricity bill and enjoy some frills like game zone, café and gymnasium.
Different organizations have different requirements and some need corporate styled enclosed offices and some needs an open office where a team can constantly work and interact together as in creative organizations. So b very clear which style is going to be productive for you.
Chose a location based on accessibility convenience and an address that attracts good vibes. Noida in Delhi-NCR is one such area which is growing every single day and commercial property rents are also greatly negotiable as per the size and time period of the leased area. Connectivity is good from all modes of transport and its clean and wide roads adds to its development as a next IT hub after Gurugram. Several big names like Samsung, Wipro, KPMG have a strong presence there.
