Is It A Good Idea To Purchase Commercial Office Space in Gurgaon ?


You may run your business more affordably by selecting the perfect commercial property. Each individual must conduct thorough planning and research before making a wise financial selection. Ten factors to keep in mind when purchasing office space in Gurgaon commercial real estate are listed below.

  • Choosing a location that fits your sort of business is important for maximising rent and capital growth returns. Location is an important factor. The ideal option for an office or retail space will always be a company in a prime location. Loans for these commercial properties are also simpler to obtain in major cities.
  • The greatest office space in Gurgaon for commercial real estate is only taken into consideration if it is easily accessible to other important areas. The facility stands out due to how simple it is to get to from other locations, such as airports or train stations. People are more likely to frequent an area if there are restaurants, shopping centres, and other amenities nearby.
  • Development of infrastructure: supplying amenities like WiFi and basic utilities like electricity, water, and drainage. Property’s physical qualities are as follows: It’s critical to recognise how worn out it is. You will have a clear understanding of the previous uses and purposes of a property as well as the kind of maintenance services necessary to keep it in good condition.
  • Budgeting: Knowing the potential rent or selling price would be beneficial. Making a budget and choosing an investment are the same things. For an investor, a commercial property acquisition agreement is equally crucial. In addition, purchasing a commercial property necessitates a 20 to 25 percent down payment of the overall transaction price. It might not be the best time to make a purchase if an investor cannot set money away for it.
  • The ideal renters- If you want to lease a business space choose recognised tenants over startups. Hidden expenditures associated with commercial real estate: These expenses support property upkeep. Before signing the contract, these costs should be assessed and negotiated.
  • Hidden cost: When building commercial real estate, take into account the possibility of future expansion or lease options. The property’s planned use: A warehouse or manufacturing-related business should be eligible for the site’s industrial use, just as the IT industry would require office space. The permitted uses of a property must be known before making a purchase.
  • Litigation-free: A purchaser must be informed of any current or previous litigation involving the property. An investor may be able to renegotiate or terminate a contract if one exists.

Conclusion

If you’re looking for an excellent office space in Gurgaon‘s commercial real estate market, you should choose a qualified real estate agent from Jainoncor. They will locate office space for you in accordance with the requirements and specifications you offer. It will be simpler for you, and you’ll be able to get the office space you require.

 

Why Is It Beneficial To Purchase A Large Office Space In Gurgaon?

Why Is It Beneficial To Purchase A Large Office Space In Gurgaon?

Your working environment will impact your productivity. As a result, looking for more spacious options when looking for office space in Gurgaon is preferable. Here are some benefits of picking a large workspace:

Brightness

The most crucial component of any interior office space is proper lighting. It is well established that color temperature and light intensity impact human behavior. This, however, is difficult to accomplish in cramped spaces. A larger room and more care with lighting would be helpful to create an exciting environment and keep the team motivated throughout the day. There should be sufficient lighting throughout the office, not just at the workstation.

You need a well-balanced environment to keep employees focused and performing to their greatest ability. Eliminate shadows and dark spots to maintain fundamental workplace lighting ergonomics. These elements contribute to a cozy ambiance. It is a crucial piece of conceptual design advice for maximizing office space. A secondary benefit is that you can experiment with the style and attitude of your office because the contrast between the background and foreground may be sufficient.

Better Surroundings

With the extra room, you can maintain an efficient workplace layout that gives workers greater flexibility and a light, airy feeling while they work. When there is an excessive burden, employees can use the entertainment area to divert their attention from work for a while as they refuel and replenish their thoughts. They will be able to complete more tasks with the same level of quality in less time. Overall, your workplace will be wonderful and offer your staff a calm environment.

Complexity

There is only one size for humans; they are not all identical machines. Unlike robots, people have a variety of requirements at any given time. Office space in Gurgaon will gain financially from more locations. Instead of developing furniture that is the same size for everyone, create flexible furniture that can be adjusted to suit each person’s demands. Employees can perform to their full ability at work because of the various room configurations.

Installing a break room might be advantageous because anyone who requires a tea or news break can utilize it. Additionally, employees can contact their loved ones without interfering with work. A sick worker may also be accommodated in a soothing area where they can unwind before returning to work.

Conclusion

The only way to maintain a pleasant and comfortable working atmosphere is to purchase a larger office space in Gurgaon. With the help of Jainoncor, hundreds of businesses have located their ideal location; if you want to be one of them, get in touch with our professionals immediately.

 

Is It A Good Idea To Buy Commercial office Space In Gurgaon If You Want To Expand?


Choosing the ideal commercial property will help you run your business more affordably. Making a sensible investment decision necessitates careful planning and research on the part of each individual. Here are ten things to remember when buying office space in Gurgaon commercial real estate.

  1. Location according to your business type: Companies should be strategically placed to achieve rent and capital growth returns. Location is the crucial element. A business in a premium location will always be the best option for the office or retail space. Major cities also make it easier to get loans for these commercial properties.
  2. Community & Connectivity: Gurgaon’s best commercial real estate office space in Gurgaon is only considered when it is readily connected to other significant locations. The site is distinguished by how easily it can be reached from other places, including airports or train stations. If there are restaurants, shopping malls, and other places nearby, people are more likely to frequent that area.
  3. Infrastructure development: providing facilities like WiFi and essential services like electricity, water, and drainage.
  4. Physical characteristics of the property: It is important to understand how worn-out it is. It will give you a clear idea of a property’s prior uses and purposes and the type of maintenance services required to keep it in good condition. Deciding on the Budget: Knowing the possible rent or selling price would also be helpful.
  5. Making an investment decision is the same as making a budget. A commercial property acquisition agreement is equally important for an investor. At the same time, a 20 to 25 percent down payment of the total transaction price is required to buy a commercial property. If an investor cannot set aside money for a purchase, it might not be the greatest moment to do so.
  6. The right tenants- If you plan to rent a commercial space, go with reputable tenants and avoid unproven enterprises.
  7. Hidden commercial property costs: These costs go toward maintaining the property. These costs should be estimated and discussed before agreeing to the contract.
  8. Hidden cost: Commercial real estate construction should consider the potential for future expansion or lease opportunities.
  9. The property’s intended use: just as the IT sector would need office space, a warehouse or manufacturing-related business should be qualified for industrial use of the site. Before making a purchase, one must be informed of a property’s permitted uses.
  10. Litigation-free: A buyer must be aware of any ongoing or former litigation regarding the property. If there is a contract, an investor may be able to renegotiate it or terminate it.

Conclusion

You should pick a skilled real estate agent from Jainoncor if you want a fantastic office space in Gurgaon’s commercial real estate market. Depending on the demands and criteria you provide them, they will find office space for you. You will find it easier and be able to secure the office space you need.

Is Business Centers Office Space inDlf Cyber City-Gurgaon Any Good


When it comes to choosing an office space in DLF Cyber City-Gurgaon, you can choose between a business centre and a typical office. A business center in Delhi is a commercial establishment that provides a variety of office space options, including shared spaces, virtual offices, boardrooms, meeting/conference rooms, and virtual offices. Traditional offices, on the other hand, are acquired by a single company, which structures the entire area as well as the furnishings and style. In many ways, a business center is a superior solution to typical office space. A few of them are listed below.

Why Is It So Worthwhile And Popular?

Cost-effective: When it comes to choosing an office space in DLF Cyber City-Gurgaon, you can choose between a business centre and a typical office. A business center in Delhi is a commercial establishment that provides a variety of office space options, including shared spaces, virtual offices, boardrooms, meeting/conference rooms, and virtual offices. Traditional offices, on the other hand, are acquired by a single company, which structures the entire area as well as the furnishings and style. In many ways, a business center is a superior solution to typical office space.

Flexibility: A Delhi business center offers a variety of membership options. Traditional space, on the other hand, requires a long-term lease, which could be a concern for firms looking to expand in the future. You can select between a year-long monthly or daily agreement if you visit the office space in DLF Cyber City-Gurgaon

Making connections: If you’re a freelancer or a startup searching for a place to start your business, would you consider typical offices to be extravagant? For freelancers and entrepreneurs, you’ll most likely interact with like-minded people, allowing you to take advantage of numerous networking opportunities. 

Variety: A business center in Delhi offers several membership options for every working individual, from an entrepreneur to an established firm. A personal cabin? Is there a designated office space? Are you looking for a coworking space? There are numerous solutions available to you. 

Access to Assets: You’ll likely have access to reprographic services, high-speed internet, pantry services, unlimited beverages, ergonomic furniture, a parking facility, a canteen, and reception in a business center in Delhi. In a traditional workplace, however, you must set up everything from the carpets to the equipment and even the furnishings. 

No-Maintenance Cost: When you choose a business center in Delhi for your office space, the numerous amenities will be included in your monthly leasing agreement. The center, on the other hand, will take care of any maintenance issues such as furniture damage or slow internet speed. In a traditional office, you are responsible for everything. You will be responsible for any damage that occurs. 

Easy Setup: Whether you choose a shared space or a business centre in Delhi, you’ll almost certainly get a plug-and-play setup with phones, internet, and other utilities already installed. In a traditional office, everything must be set up, which takes time. 

Prime Location: Another advantage of choosing a business center in Delhi is that you’ll almost certainly receive space in a prime location like Connaught Place. This neighborhood is well connected and easily accessible from various sections of the city. When your office is in a high-traffic area. 

State–of–the–art Innovation: If you choose a business center in Delhi, you will receive the most up–to–date and cutting–edge IT support, including administrative support, telecom services, meeting rooms, telephone answering, and internet access. 

Conclusion

Consult with the specialists at Jain Oncor to find your ideal office space in DLF Cyber City-Gurgaon. Contact us right away.

4 Core Consideration before leasing out An Office Space in Gurugram

4 Core Consideration before leasing out An Office Space in Gurugram

Thinking of leasing out an office space in Gurugram, but doesn’t know how to go about it? Don’t worry, at jainoncor we understand your need, that’s why in this blog we will go over 3 core factors namely, significance of budget planning, careful consideration of leasing agreement, and of couse the importance of the leasing agreement. Interested? Let’s go…

  1. Before you start planning your office space in gurugram or even think of leasing an office space, you should plan your budget. You will need to determine how far your business will grow and how much to spend. Make these decisions carefully so that your business can grow and function comfortably. You should look around at various properties before settling on one. When you have settled on the one you like, it will be wise to inspect other similar properties and compare them. This will help you to understand the general state of affairs and avoid paying costly rents.
  2. There are three common ways in which the landlord’s structure prices for their properties. The first is the Triple Net rate, where the tenant pays a low rent but also pays for all additional costs such as common area maintenance charges, property insurance, etc. independently. The rent here is affordable but the many additional expenses that the business has to bear are neither time nor cost efficient. The second is Gross rate, where all costs including operating and additional expenses are included in the monthly rent. The lease rate here is higher but without the constant headache of miscellaneous payments. Many landlords also opt for a midpoint between these two categories, which is the Modified Gross rate. Here, most maintenance charges are included in the monthly rent. The tenant only has to absorb utility costs such as gas and electric.
  3. This is probably one of the most significant parts of your leasing process. Choosing an appropriate location is extremely important since the office needs to be accessible to employees, vendors, and clients. Therefore, you should choose a location that is close enough for your team to travel to, can be accessed via roads and public transportation and is near other commercial centers that are important to your business.
  4. One of the most common mistakes tenants make is not taking the time to read and understand their lease. Any and all issues that arise during the leasing period will lead back to this legal document. It is therefore wise to go over the lease thoroughly and ask for expert legal advice on the matter. When reviewing the lease you should look out for the usable areas vs. the rentable areas. The usable square footage does not include the use of lobbies and bathrooms and you might end up paying extra for these functions. When leasing an office space, you should keep the expansion of your business in mind without committing to too long a contract. You should keep a provision for an early exit in the lease and be aware of any fees and penalties levied in such a case.

Conclusion

It is essential to find a broker who is familiar with the layout and experienced in the commercial real estate. Seek the assistance of brokers who are acquainted with the office space in gurugram. You should also look for a broker who isn’t biased towards the landlord. You can do this by searching online communities for reviews of various brokers and by asking around about them. Go with Jainoncor today

How Furnished Offices Can Save You Money?

office space in India

Office expenses often take up a large portion of a company’s finances. Payments such as rental fees, office maintenance, furniture, and administration can put a toll on a company’s cash flow and erode profitability.

If you are looking for a smart solution on how you can cut these costs out of your business, furnished office space in India is a great option especially if you are looking for cheap office space for rent. You can get an excellent atmosphere, superior infrastructure, and flexible rental terms. But the best part is that office spaces in Gurgaon will save you money. Read on and find out how.

Pay only for where you work

Unlike renting office space, you only pay for the space you really need in coworking furnished offices. Facilities such as toilets, kitchens, meeting rooms, and break rooms are shared facilities that are managed.

Coworking furnished office space providers take care of this, so you only need to pay for the rent for the office space you use. This can provide huge savings for businesses, which would otherwise have to pay rent on all internal areas.

However, when you choose to rent a furnished office, you can avoid this fee and only have to pay for the desk space you use. This can provide huge savings for businesses, which would otherwise have to pay rent for all the space used.

None or low setup costs

Traditional office spaces often appear as unfurnished spaces and in some cases, the floors and walls are plain. You need to make an additional budget to renovate and prepare your workspace. This will also include furniture and fixtures. For start-ups and small businesses, capital expenditures to provide office space can significantly affect cash flow and impact profitability.

On the other hand, furnished office rentals have been prepared to end these problems. You don’t have to think about equipping or renovating an office before starting your business operations. At the same time, it will suit your needs in finding an affordable office space rental, so that you can enjoy significant savings and start working in an optimal work environment.

No maintenance fee

Not having to buy office furniture or other common tools and equipment has another positive impact on your finances. First, you don’t have to pay for repairs and maintenance which you can save on. Second, the leases usually come with fixed business rates and utility bills so you don’t have to worry about unexpected bill increases and more savings, better cash flow, and higher profitability.

Dedicated support team

Furnished offices often already have staff employed, such as receptionists and admin staff. This means that you can benefit from internal staff who can perform the ad-hoc tasks you need on-site without the need to hire and pay wages to people dedicated to the role.

Managed reception can assist with daily administrative tasks, such as call answering service and in-house IT maintenance to ensure everything runs smoothly in the office. If you are looking for office spaces in Gurgaon, Jain Oncor offers office spaces that have an optimal work environment. The office spaces provided by the team of Jain Oncor cater to all business needs, set in a serene environment so now you can expect to save on your office expenses to grow your business.

Looking for Fully Furnished Office Space in Gurgaon for Your Start-Up?

Are you a young start-up? Have you recently started your business and don’t have a big budget? Then you just have to know the services that expert real agents offer to companies like yours! You will discover that you can take advantage of various benefits both for your WORK and for your WALLET by choosing office spaces in DLF cyber city-Gurgaon.

A company is an aggregate of people who work around a common project, but to do so they need a space. Well, SPACE, here’s the magic word. What kind of space does a company need? There are several space solutions you may need.

The elements to consider when choosing the right office space:

Time

Especially for the younger start-ups, the smaller ones, it is important to try not to be harnessed by excessively long leases. Or in any case by contracts that commit for a period of time that is considered longer than what is needed.

In fact, you may only have 10 employees now, but you could have 60 within a year. In general, you should never sign an office lease that is not functional to your long-term business plan. Be curious, ask yourself some questions and make sure you have carefully considered all the alternatives available to you.

Layout

If you are a start-up that has a technological nature, or a company that is based on creativity, it is likely that you want an open space, in which ideas are born from collaboration and are nourished by sharing.

On the other hand, if you are a small law firm, a space that incorporates the idea of ​​the classic closed office could be more suitable for you. In fact, customers must be able to discuss their business behind closed doors, away from prying ears.

Essentially, it is necessary to ensure that the layout of the office space chosen is suitable for the type of activity that will take place there. Also, consider sharing spaces like the meeting room or canteen, if there is one.

Services

What must make us choose an office rather than another is the presence of certain services that are crucial to conducting our business. Services that must completely satisfy our needs, before we can say that we have found the ideal location.

Is there a space to dedicate to the conference room? Is there a canteen of sufficient size or places in the immediate vicinity where employees can go and eat during their lunch break? Do the bathrooms work? Are there enough sockets to connect PCs, printers, scanners and all the equipment we work with? Is the car park large enough to accommodate the cars of customers and employees?

Prepare two lists: one of the services that your company “absolutely must have” and the other of those that “it would be better if there were”. Use these two lists to guide you in choosing the offices. They will become extremely useful when deciding whether it is best for you to have a fully furnished office space in Gurgaon or non-furnished office space.

How To Choose An Office For Business?

real estate agents in India
real estate agents in India

The firm starts from the office. A couple of minutes are enough for a visitor to assess the status of the company and decide on the expediency of further cooperation.

A good office is more than comfortable furniture and quality repairs. How to choose an office space, the company’s management decides on its own, based on specific requirements and financial capabilities, but in general terms, the priorities remain unchanged: maximum convenience for both employees and visitors.

The choice of office space should be approached quite carefully, since this is the place where you will spend most of your time.

To make the search for an office as effective as possible, and the result meets expectations, the real estate agents in India offer step-by-step instructions on how to choose and rent an office and provide practical advice about other issues as well.

The maintenance of the office itself is not always economically justified: not all companies can afford to buy out even a small premises.

Sometimes the costs of repairs, equipping, security and utility bills completely eat up the annual profit: for this reason, renting an office space in Gurgaon is one of the most demanded services in the commercial real estate market.

Office from the perspective of an employee

Managers spend at least 8 hours at the workplace, and the surrounding atmosphere does a lot to ensure that the day does not end with a nervous breakdown. According to surveys, the following factors are important for office workers:

  • Convenient location, preferably near public transport stops;
  • High technical equipment (telephony, fast internet, ideally backup power supply);
  • Good ergonomics (good layout, sufficient lighting, low noise level, optimal microclimate parameters);
  • Working hours of the office centre (preferably – until the last employee);
  • Additional amenities (cafes, ATMs, dining rooms);
  • The presence of competitors: if their offices are located in the path of visitors, there is a possibility that the client simply will not reach the desired premises.

A good leader will definitely try to create conditions for employees to work with full dedication.

Office from the client’s point of view

Paradoxically, but visitors can also give useful advice on how to choose an office space in Saket for rent. In a highly competitive environment, poor location is one of the main reasons a company loses potential customers.

Convenient access roads and parking is an indispensable condition for respectable business partners. It is desirable that administrative and regulatory authorities, banks, reputable restaurants are within walking distance.

Modern office centres are necessarily equipped with elevators, even if the building is no more than 3 floors high. Special respect is given to caring for visitors with disabilities: ramps, the absence of high thresholds, wide corridors are a clear sign of caring for people.

Naturally, the internal culture of the office centre is important for visitors: access control, the availability of background information, pleasant trifles in the form of a glass of cool water or the opportunity to rest for a few minutes in a comfortable lobby.

Finding The Right Space For Your Office

office space in saket

Both large and medium enterprises as the start-up agree on the need to find an ideal space for your office, as this can increase employee productivity and reduce business costs.

However, finding the ideal office can be quite difficult, so we have prepared a series of tips for you to choose an ideal space for your workers.

The first thing that you will have to take into account is the configuration that you want to give the new workspace, and there are many options available.

If you are looking to increase teamwork such as start-ups, co-working office space in DLF cyber city-Gurgaon may be an interesting option. This option allows you to have a predetermined price per month and a flexible contract that can range from one month to a full year.

Thanks to coworking you can have access to desks, Wi-Fi connection and some snacks. However, you will have to pay a little more to be able to access a printer, meeting rooms or more equipment.

On the other hand, you can opt for shared office spaces in Jasola, which function like cooperative work centres. The difference with the latter is that a host company occupies the space and they have decided to rent their excess spaces.

In this way, the number of companies in the property depends on the number of desks available. In addition, some shared offices function as executive suites with reception services, kitchen and private spaces.

You must bear in mind that the rental contracts of this type of configuration are less flexible and you must rent the space for a minimum of one year.

Another option available in the market are exclusive office buildings. This typology is always a good option for medium and large companies that need large spaces, since they have a certain number of employees.

In addition, this type of property also helps to build the brand of a company, since they are usually corporate and representative headquarters.

Another aspect to take into account is the electricity contract that you are going to have in your new space. This aspect is of utmost importance, given that a large part of a company’s budget is used to pay electricity bills.

For this, it is necessary that you take into account the current regulations on the discharge of light in premises. Other aspects to take into account when choosing the space for your office are:

The location: Since the cost of the rent and the access of workers, customers and suppliers will depend on it.

The design: It is not the same to choose an open space or to prefer cubicles, since this will affect communication between employees. Open spaces encourage collaboration.

The use: The functionality of your workspace to adapt to your needs and way of working.

Where To Invest In Real Estate In 2021?

Investments involve not just investing money in any project, but making a profit. The basic principle of investing: money must work, that is, make new money. Investing them in real estate, you can earn in several ways, but first you need to understand the specifics of this type of investment.

Preparing for investment

Before investing in real estate, you need to carefully prepare:

Assess your financial resources as objectively as possible – whether your own funds will be enough or you will have to attract a co-investor. If you need a loan, you need to calculate the initial investment and their return on investment.

Analyse the real estate market. Not necessarily an expensive property will be a good asset – it may not become a source of stable income.

To attract professionals who will conduct an independent examination and give an opinion. Based on the conclusions of the experts, it will be possible to draw conclusions about the advisability of investments.

Find a lawyer specializing in just such transactions to check the documents before buying.

Be prepared for the fact that real estate investment is a long-term project that will pay off only in a few years.

Purpose of real estate investment

Investments in real estate are attractive because you can make a profit by developing a project in different directions – to receive passive income (from renting out an object) or earn on resales. It is worthwhile for yourself to determine which type of investment is suitable for your particular case.

To make it easier to decide, it is worth answering the question of what profit you expect as a result of the initial cash investment:

  • A one-time profit when an investor invests for the purpose of resale;
  • Passive income is an asset that makes a profit over the long term when real estate becomes a business.

In the first case, the object is purchased at the lowest price, and after a few years (or after the improvement of its properties) it is sold at a higher price.

The second strategy involves the purchase of real estate in order to profit from the rental of real estate.

Commercial real estate such as office space in Delhi is considered to be more profitable, so experienced investors prefer purchasing non-residential premises. There are a lot of options for commercial premises on the market: industrial buildings, retail spaces, garages/parking complexes, warehouses, etc.

Investment strategies:

Purchase of finished commercial premises for rent. It should be noted that the profitability of such a project largely depends on the general economic situation.

Self-isolation during the pandemic in the spring of 2020 showed this dependence well: many businesses left the market due to the inability to continue their activities and vacated rented premises. The payback period for renting is comparable to residential real estate.

Hourly renting of offices, coworking spaces, art spaces for events, etc. is gaining popularity. Many companies find it unprofitable to maintain an office on a permanent basis, especially with the transition to a remote work format. Therefore, many investors offer mini-offices for rent. The main thing is the availability of the necessary communications.

To get the best property as per your needs and requirements, we would like to suggest you to have a consultation with real estate agents in Gurgaon.