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.

Office Rental: All You Need To Know To Rent An Office

For any professional working in the private sector, having an office is vital. Given the economic realities, leasing appears to be the best alternative to achieve this end. Let’s look at the outlines of this type of rental.

Office rental: what do we mean by “office”?

The “office” can be defined as being the nerve centre of decision making of the professional within the framework of his activities. For this purpose, it is therefore generally a furnished room which is not used for production, nor for traffic, nor even less for the sale of goods.

What types of offices to rent?

Everything will depend in practice on the nature of the activity carried out by the professional. Indeed, like homes, office premises also come in different surfaces: 50, 100, 500, 1000m² etc.

It is therefore up to the professional to determine which category of surface suits him according to his activities. It should be noted, however, that in general individual desks cost much more than other categories.

This is particularly true for small and medium-sized premises, the most sought after on the market, especially in large urban areas. To get around this economic reality, the ideal is to rent office space in Bhikaji Cama place located in a business centre.

In fact, in these “business hubs”, in most cases, the landlords turn out to be tenants themselves. These are often large-scale companies specializing in the management of business centres.

For this purpose, they therefore sublet the premises. And since the subletting is generally less expensive than a first-rate rental, the professional will find his way economically.

Apart from the “business hub”, another solution exists: apply to obtain premises within a business incubator. Given the objective of this type of organization (helping to launch young businesses), generally rents are more than affordable.

Recommended types of lease for an office rental

Three types of office rental lease are possible for renting office space:

-the short-term lease,

-the commercial lease

-and finally the professional lease.

Regarding the first, it is generally used for premises located in business centres or business incubators. It is stipulated for a maximum of two years, non-renewable.

The short-term lease has significant advantages. Thus, for example, the amount of rents is fixed once and for all when the lease is concluded. No risk of revision therefore. But the main drawback remains the inaccessibility of the right to automatic renewal as in the commercial lease.

The latter is precisely the second type of lease possible in the context of the rental of office space. Indeed, despite the fact that such a lease is in principle reserved for traders and craftsmen only, professionals exercising freelance trades also have the possibility of subscribing to it.

The only condition is to obtain the agreement of the lessor. For the professional, renting an office under the commercial lease regime will have many advantages.

The main ones reside on the duration of the lease (9 years minimum), the right to automatic renewal of the lease, or the right to receive eviction compensation in the event of termination.

Finally, lastly, it is also possible to rent an office under the professional lease regime. Unlike the other two, this type of lease allows the premises to be rented for at least 6 years.

Although less protective than the commercial lease regime, the professional lease nevertheless has the advantage of being more flexible.

To get the right office space for your business, our suggestion for you is to contact real estate agents in India.

Whatever the type of lease, it is incumbent on each of the parties involved a certain number of rights and duties: there are thus certain obligations of the owner of offices to be scrupulously respected, just as there are certain obligations of the lessee of offices to respect everything. also conscientiously for a harmonious professional rental.

Organize Your Office to Optimize Your Productivity

When it comes to organization, there are two types of people (with a few variations): those who are naturally orderly and those who are not afraid of clutter.

But when a collection of mugs begins to form on your desk maybe a reorganization is in order. Not everyone is born orderly, but this is not inevitable. So here are some steps to follow to regain control of your workspace and gain productivity.

rented property in Gurgaon

1) We sort, we throw

Since the goal is to reorganize rented property in Gurgaon, we might as well take the opportunity to sort it out. The ideal is to sort out anything that is not necessary and throw away what you no longer use or which is obsolete.

If you haven’t used it for more than 3 months, you probably don’t need it after all. Maybe you will even find out that there is a beautiful wooden desk under all this mess!

2) We clean

Now that your office is cleared, this is the perfect opportunity to do some cleaning. We spend so much time in our office that it is a haven for germs.

Think about your mouse and keyboard that you put your hands on dozens of times a day. The ideal way to start again on a clean base is to use a disinfectant wipe or a cloth lightly moistened with disinfectant to decontaminate your work tools. Don’t forget to wipe your desk.

3) We compartmentalize

Your computer is certainly your main working tool. Whether it is a laptop, a desktop PC with one or two screens, it is important to give it sufficient and flexible space.

You should be able to slide out your keyboard or laptop to quickly create space in front of you if you need to write or sign something for example.

Do you tend to accumulate papers? Invest in a mail basket to store loose papers. If you are particularly motivated, you can even buy several mail trays to organize your papers in order of importance and urgency.

4) We limit distractions

This includes personal smartphones with their notifications blinking insistently but also personal items. Personal items are important in creating a pleasant working atmosphere, but too many become distracting.

Try to keep only a limited number (less than 3 ideally). Same goes for supplies, no need to have 6 pens and 5 pencils, you only need one working pen and pencil. The important thing is to limit duplicates and what is not absolutely useful.

5) Tidy up the cables

The charging cables of your smartphone or your carrier computer are only of occasional use, store them in a drawer when not in use.

Power cables, on the other hand, can quickly form a jungle under your desk and help make it look cluttered. Take some time out in a slow time of the day to untangle any knots and you can even invest in a cable tidying solution to keep everything tidy.

This may seem trivial but will give your office space in India a more tidy visual appearance. And if you see your desktop organized, you’ll be more inclined to keep it that way.

Choosing An Office Space? Things You Need To Look For

The efficiency of the company depends to a large extent on the correct choice of office space. The office reflects the status of the company.

It should be located in a convenient place for clients and partners, and its size and configuration should correspond to the requests and needs of the organization.

When choosing the location of the office, you are guided not only by the cost of renting office space and the status of the area, but also by the presence of potential clients, the convenience of doing business in one place or another. And this is why, you should look for an office space in DLF cyber city-Gurgaon.

The office should not be cramped for staff work and reception of clients- if the latter is provided. But there is no point in overpaying for empty square meters either. Therefore, clearly calculate the number of jobs – for each at least 6 square meters of area.

Consider whether the office will have recreation areas, whether it is planned to install a cooler, a coffee machine and other equipment for use by staff. To receive visitors, you need to allocate a separate place

Before moving, it is useful to talk with employees and collect from them a list of requirements for the new office. This will help not to lose the team after the move.

Familiar entrepreneurs say that after moving, someone is always going to leave. If you discuss the requirements and take them into account at least partially, you will be able to save on the search for new employees to replace those who quit.

The requirements should be divided into important and desirable. There will be two lists, for example such.

Important:

  • Near the metro station;
  • No longer than 15 minutes walk to the metro;
  • At least 3 parking spaces;
  • Own toilet;
  • The guards let guests in on the call.

It would be nice:

  • Bicycle parking;
  • Several cafes within walking distance;
  • Not the first and not the last floors;
  • Brick building with high ceilings;
  • You can paint the walls;
  • A separate room for a meeting room.

Think about how many employees your company will have in a year. The office requires at least 6 m² per person. Once you have drawn up a list of requirements, you can entrust the search for an office to any free employee – at least the selection of options.

Intermediary companies place selected ads on the site and help rent an office space in Connaught Place. They receive a commission for their work from the landlord.

Sometimes the landlord puts out a small price for the office in the hope of making money on additional services: utilities, cleaning, and security. It is important to discuss them separately to bring down the price.

When the dream office is found and all the details are agreed, it remains to sign a contract and an act of acceptance of the premises.

Before signing the contract, you need to ask the owner of the premises to show the document on the ownership. The office address must match the address on the document.

What Are The Expenses When Buying A House?

Buying a house is an important process, and you don’t end up paying the landlord what he asks for. There are some expenses that the buyer must face. Taxes, paperwork, and payments to professionals are some of these. If, in addition, the sale of the apartment depends on a mortgage, the expenses when buying a house are even more. Let’s see what they are then.

Taxes

Let’s start with what hurts the most. Taxes. A large amount of expenses when buying a house or godown for sale in Noida comes from taxes. When we buy a new home, we must pay VAT.

Expenses when buying a new house: VAT

The VAT we all know, and in the case of housing, the tax is 10 %. But, of course, there is an exception. In the Canary Islands, the tax to be paid is the IGIC and is only 6.5%. In case the house is public, VAT can be reduced up to 4%. However, it is each community that decides what VAT to apply in these cases. Only in these cases, the expenses when buying a new house can vary between communities.

Recommended reading: Housing VAT: What is it and what are the typeshouse

Expenses when buying a second-hand house: ITP

The ITP is the property transfer tax. You have to pay each time a sale of a property is made and falls to the buyer. Unlike VAT, the ITP varies according to each community. Therefore, the expenses when buying a second-hand house will vary depending on your location. In most regions, the ITP is one of the most economical. 4% and 6%, respectively. On the contrary, in Valencia, Catalonia or Galicia, the ITP can be 10%. An important difference that you should keep in mind when buying a flat.

Notary and Property Registry

Once the sale of houses is made, it must be written. For this, it is necessary to be signed by a Notary. Notary expenses are stipulated by the State and are based on the price of the home. In other words, you will pay more or less according to the purchase price, but never according to the notary.

Expenses when buying a house

The deeds signed by the notary must be added to the property registry. Another item that increases the cost of buying a house. But this is the bureaucracy, and we can do little more than assume it and accept it as it is.

Management expenses

A real estate agent in Noida is one who processes everything. He is the one who takes care of all the paperwork and does not fear legal jargon. The technicalities, the tax models, and the managements are his world and to leave everything in his hands; obviously, you will also have to pay. Of course, the expense of management is optional. Although having paid perhaps more than 10% of the price of your home in expenses, we do not think you will come with more expenses when buying a house.

5 Keys To Bet On Co Working Spaces

You want to start your solo adventure as an entrepreneur, but renting an office requires an initial investment that may not be profitable at first. That is the situation faced by thousands of new entrepreneurs and freelancers and for which they value hiring a space in a coworking center where they can work.

There are many advantages offered by this type of centers, and it is important to know them all in order to assess whether it is an option to be taken into account. We show you 7 keys to bet on coworking so that you can decide if it is the best space for your type of work:

1. The coworking philosophy, beyond a space to work

A coworking center serves, mainly, as a space in which to work. However, staying with that idea alone would lose sight of the true strengths it offers. It is a meeting point between entrepreneurs and professionals who are recycling. It is a place in which to know and assimilate the experience of other people who have passed through a situation similar to that of the newcomer.

2. Own office or coworking position? An economic issue

Both in business centers in Noida and in collaborative workspaces we can find all kinds of prices, but if you could rent a coworking position for less than $1000, would you rent an office? In these spaces, the invoices are shared among all and, depending on the place, some office materials. Assessing the amount of space needed will make you decide which option is best for your project.

3. Innovation in the workplace

We find different types of office: from ecological coworking, with a marked commitment to sustainable materials, through offices focused on creativity, to those with spaces to take the little ones of the house or where to rest to disconnect from work.

Innovation is one of the characteristics that all coworking centers try to include through very attractive solutions. For example, there are collaborative work chains that allow you to go to any of your centers to expand and promote networking.

4. Comfort: Schedule, location, and size

It is important to find an office space in India where you feel comfortable, and that suits the needs of each project. Working at night may not be the best option, but those entrepreneurs who need it can find a large number of places that are open 24 hours a day. The big cities have this type of centers in different areas to make them very accessible. In addition, they are increasingly expanding to smaller locations and even rural areas where there are freelancers and entrepreneurs looking for a space to work.

5. The synergies between ideas and specializations

Entrepreneurs in sectors such as technology do not stop growing, but also those of communication, design, architecture, and legal advice. It is a reality that implies that every time it is more complicated to acquire all the necessary knowledge to carry out the same project.

The Different Types Of Office Rentals

The property rental market is among the most successful in the real estate industry. The reason is that this is a highly diverse field of activity. In Delhi, as elsewhere, real estate leasing has grown to such an extent that leasehold rights have also experienced unprecedented growth.

The booking office must be considered case by case. No company has the same needs or the same desires. However, there are different types of premises depending on the profession. Here is an exhaustive list of existing business premises. One of them necessarily corresponds to your needs.

  1. The Professional Office

A professional office, as the name implies, is an office, and therefore a place adapted to a tertiary sector activity. Contractually, and except for the common desire of the tenant and lessor to move towards a commercial lease, it is subject to the regulation of professional leases.

  1. The workshop, warehouse, industrial building

Even if they do not have the same utility, these three types of office spaces in India are rented through the signing of a commercial lease.

The workshop is a room dedicated to manufacturing and can be integrated into a factory or business.

The warehouse is a logistics building for the storage and distribution of goods. Like the workshop, the warehouse can serve only as a storage facility or be integrated into a factory or business.

Finally, an industrial building is a building that hosts an industrial activity.

  1. The Commercial Room

Exercised by a natural person or a commercial company, this independent activity consists of the purchase of goods for their resale or the sale of commercial services (real estate agency, restaurant, etc.). A commercial premise implies the reception of customers and must necessarily be contracted in the form of a commercial lease.

  1. The Custom-made

As we stated in the introduction, no company needs the same premises, and each request has its own specificities. That is why it is sometimes necessary to build, through a developer who supports the design of the building until its realization, custom-made premises. Seats of large companies and administrative or industrial buildings are particularly concerned.

  1. Co-working

Finally, there is one last solution in full swing: co-working. These shared workplaces are particularly suited to freelancers and project holders but may also be of interest to companies with few employees or in the creative phase who can rent an office space in DLF cyber city-Gurgaon and even install collaborators in common areas.

You now know which premises will be best for your business! But keep in mind that location, surface, level of equipment, modularity, and customization will make these premises the right ones for your business and no other.

The mixed lease

The mixed lease allows sharing the occupation of a local between professional activity and home. Particularly appreciated by lawyers, doctors, and other accountants, this formula is the most flexible for a professional since it offers the possibility to the tenant to commit for 3 years in the case of a natural person, and 6 years for a Corporation.

Work Space: The Importance Of Details

On average, at least one-third of the day is spent in the office, or rather at the desk. Whether it is a home office, a traditional office or even a rental office, it is good to make some serious considerations, therefore, in the design/arrangement of your workstation. The workspace should be welcoming, well organized, ergonomic, personalized.

So what are the elements to be evaluated to make your office space in India better?

Desk position

Against a wall or in the center of the room, back to the wall or towards the window? This is a choice, often dictated by the size of the office; if you can choose, it is better not to have the window in front for light reasons, and better to see the door.

Desk size

Someone will need a laptop and mouse support; others will not need 2m of the table to place sheets, pens, notes, screens. Linear or angled?

Subdivision of the spaces

Whether you work with other people or on your own, it’s still good to keep your spaces with personal order; the desk should be spacious or in any case proportionate to the type of work.

Lighting

The desk must be in a well-lit spot, preferably from natural light, obviously supplemented by artificial light that must come from the right angle. The presence of curtains may be important.

Ergonomics of the session

So much time is spent sitting in the office, so why not sit comfortably and avoid annoying back pain? There are chairs with wheels of a thousand adjustments, such as fixed wooden chairs that allow you always to maintain the correct position.

Receiving customers

If you have to receive customers or hold courses, it is good to evaluate the number of people that space will have to support. Are two visitor chairs enough to add to your desk or is it a special space, like a meeting room?

Archive

If the documents produced are saved in the cloud or on an external hard disk, only a small closed chest of drawers may be needed to store the goods. Otherwise, if everything that is produced is to be archived on paper or if you have stock material, you will need to consider special storage spaces, temporary or otherwise (cabinets, bookcases, drawers).

Space customization

If you desire to “bring” the family to work, on the desk there will be photos or drawings of children/grandchildren; on the walls, a picture to which one is particularly fond; post-it full of lists of things to do, buy, remember. A plant that has been donated.

Accessories and stationery

A telephone (analog, digital or VoIP?), A printer (photocopier or multi-function?) And then pens, notes, diary, stapler, scotch, highlighters, are part of your workspace. The fax is more and more out of the picture, but for some, it is still in use.

Network

For connections between devices/computers and internet connection, better cable, WIFI or both?

Choice of workspace

The office space in south Delhi, therefore, understood as a desk and accessories connected to it is fundamental for being able to produce and be efficient. These elements are therefore to be taken into strong consideration, not only in themselves but also in the choice of the workplace: it will, therefore, be better to rely on one’s own office, where everything has a cost, or an office center, where someone else creates the bases from which it is possible to customize, where is it possible to realize one’s own choice in the setting up and the price is fixed?

What We Have To Avoid To Be A Successful SME And Not Die In The Attempt

Having a good business idea is the seed of any business project, but for that seed to grow, it is essential that you have the necessary time and resources and for this there are all kinds of financing channels that provide funds for that project business, and many SMEs choose to rent the infrastructure offered by the fully furnished office spaces in Gurgaon, the facilities of boardrooms, reception of calls, among many other services instantly, also known as co-working.

  1. THE BAD LOCATION

The best way to prevent the collapse and underpin the continuity and growth of the company on solid foundations is recognising all those possible factors of compromising it. One of the main points is the bad location because it can be a factor that is underestimated when the company starts offering its services; the location is of great importance in terms of ease of parking for customers, the characteristics of the environment, the specialities of the area, the security levels of the place, the number of people passing through the place, as well as the levels of accessibility, among others.

To place oneself in the wrong place according to the activity constitutes from the beginning a real problem; although locating in the best place means higher expenses in terms of rent, it also implies a lower investment in terms of advertising. The advantages of co-working offer any SME the possibility of acquiring an office in a well-positioned place and thus avoid inconveniences, for the development of future operations of the company.

On the other hand, physical offices offer various areas such as business centre, boardrooms, receptions, photocopying rooms, cafeterias, etc.

  1. LACK OF PERSONNEL

The personnel is the strong point of any company, especially for SMEs, since the company that does not bet in favor of hiring collaborators, simply bets against itself. The benefit of co-working is that it offers the possibility of having the service of highly trained personnel, avoiding extra operating expenses.

The inability to effectively and efficiently meet all the items and customers, due to not having the human resources, materials or leadership to address them optimally, is the second cause that affects the growth of an SME. Generally, the lack of personnel derives, among other things, to an inadequate service to the client, as well as a lack of control in different areas of the company.

  1. NOT HAVING A BUSINESS PLAN

For a company to succeed, it is necessary to define as soon as possible the focus and market strategy to follow, because this way we avoid navigating aimlessly. For example, sometimes the employer can claim to have the latest in technology, without knowing the reasons, only when the funds available to the company directly benefit the income levels, you can justify this type of expenses.

The office space in India service offers the availability of the latest technology at our total disposal, without having to invest directly, and thereby also acquire a risk.

Operating a small business becomes more difficult management over time unless you take care, planning and organising effectively. With proper planning, the company will experience economic growth.