Have you just created a company? The commercial space you own is not big enough, or you need extra space for a warehouse? Whatever your situation, it is always the same question that comes up: is it better to buy or rent? This is not an easy choice, as each solution has advantages and disadvantages.
Buy or rent a commercial space?
Firstly, it is important to determine the geographic area in which your business should be located. You can already make the first choice depending on the available goods. Buying IT office space in Delhi is an important investment. It is therefore advisable to establish a financial plan before beginning your real estate search. It should contain an estimate of future expenditure and revenue. Based on your financial plan, determine if a purchase is an attractive investment for your business.
Renting a commercial space: advantages and disadvantages
The main advantage of an IT office space in Delhi rental is that it does not require a significant investment in the immediate future, especially if another investment is more advantageous for your business. Also, as a tenant, you are not responsible for any major maintenance costs. Make sure that this is stipulated in the lease. If you want to renovate or change the layout of the property, you must negotiate with the owner. Another disadvantage is that you do not remove anything from the good. If its value increases, it is the owner who benefits, and not you.
Buy a commercial space: advantages and disadvantages
If you buy an office space in sector 44 Gurgaon, you have complete freedom: the building is your property, and you decide on its appearance and layout. Also, the loan repayment amount may be less than the monthly rent. Want to resell your property after a while? You can realize a capital gain if the value of the property has increased. Unfortunately, it is also possible that the property loses its value. Do not forget to keep in mind the cost of maintenance and any repairs.
Buy and rent
Cannot you decide? In this case, why not go for a purchase and lease formula? You can purchase a warehouse or office space yourself and then lease it to your company. So you are a homeowner, and you have no problem with a tenant. And the rent paid by the firm is used to repay your loan. If your building acquires value over the years, you can even benefit from a capital gain on resale. Another possibility is to rent part of your office space in sector 44 Gurgaon to another company.
Rent a warehouse: choice of premises
The facilities for rent have adequate levels of equipment, and their characteristics are variable. The criteria for choosing a storage while you godown for sale in India is:
• The area, determined by the nature and quantity of items to be stored.
• The nature of the room, which can be ventilated, refrigerated, air-conditioned, etc.
• The access, which must allow delivery, circulation, recovery of the goods.
• The volume, about that of the goods to be stored.
• Secure infrastructures (intruder alarm, video surveillance, fire detection system, etc.).
• The possible provision of handling equipment, such as trolleys, pallet trucks, devils, trans-stockers, etc.