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.

The Irresistible Benefits Of Renting Commercial Real Estate

Conducting any business, as a rule, is associated with the need to have office, warehouse, retail, production and other premises designed for certain needs.

Therefore, sooner or later, every entrepreneur faces a dilemma: which is more profitable – renting commercial real estate or buying?

Image result for commercial space in Gurgaon

Based on our long-term experience in the real estate market, we can assert that, in addition to one undoubted plus – getting the property into undivided possession and use – in the event of a purchase, the owner will face a number of problems.

These are, first of all, significant acquisition costs that are not comparable to rental costs. The next disadvantage is the automatic assumption of obligations for the maintenance of the facility, its repair, equipping with communications and equipment necessary for doing business.

And another significant drawback is the assumption of tax obligations by the owner of the property.

What is the advantage of renting?

Unlike buying, renting commercial space in Gurgaon has a number of undeniable advantages. Firstly, an entrepreneur is not required to make large expenditures associated with the purchase of an object, which is especially important for small businesses.

Secondly, entrepreneurship is an area of ​​constant risk. When renting, entrepreneurs get rid of all kinds of costs, unlike the owner. Thirdly, a wide range of offers from lessors significantly expands the possibilities of territorial coverage at minimal financial costs.

And if the initial location of the company turns out to be unsuccessful, the company can easily and quickly reorient itself to another territory by renting real estate in another area of ​​the city. In fact, renting has undoubted and obvious advantages for enterprises of any scale and profile.

Why is an independent search dangerous?

Considering that many of the entrepreneurs prefer not to buy but to rent premises for offices, production or shops, it should be noted that some of them make the mistake of relying solely on their own experience in choosing a property.

Image result for commercial space in Gurgaon

The first difficulties that lie in wait for the future tenant will arise already at the stage of finding a suitable premises. Another problem in the case when you rent on your own will be the moment of developing the lease.

A well-drafted lease agreement is a guarantee against many losses, protects the interests and rights of the tenant, and eliminates many risks.

But this seemingly obvious fact is often ignored by future tenants. And over time, some find that the profitable commercial property they have found is not actually profitable.

As a rule, the search for premises is carried out within a limited time frame, during which it is rather difficult to assess all the advantages and, importantly, all the disadvantages of the proposed real estate.

And only after some time after the conclusion of the contract, certain problems related to the operation of the facility begin to emerge.

But then nothing can be fixed: you will either have to accept it, or spend a certain amount to improve conditions, or start looking for a new option. And in the end it turns out that the property rented “at random” simply does not pay for itself.

Search subtleties.

If the premises you need should not meet any special requirements, then the best option is to go for Office space for lease in Delhi-NCR in any business center that suits you in terms of price, location, etc.

However, if a real estate object must have a number of necessary characteristics and parameters, then the best way out is to contact a specialized real estate agency, such as Jain Oncor.

Of course, the search for pre-rented properties in Noida with the help of an agency has at least two undeniable advantages.

Image result for pre-rented properties in Noida

The first is a guarantee of the client’s safety and high legal literacy of the lease agreement, which will spell out not only the obligations of the parties, but also represent the interests and protect the rights of the tenant.

And the second advantage is the efficiency of selection of the best real estate option from the huge number of office spaces presented in the agency’s database.

Do not forget that the choice of commercial real estate for rent is carried out in a complex and unstable market, where experience and constant awareness of its current state play a decisive role.

What If It Is Time To Get Back To Your Sofa And Find A Real Workspace?

After working from home for the past few weeks and months, many living rooms or dining rooms, kitchens or bedrooms have started to look more like an office than a home. Wouldn’t this be the time to change?

In the past, for many freelancers, young start-ups or individual workers, switching from teleworking to a dedicated office was an important step in the development of their business. Lately, many have had to work in new ways, and for many that includes turning their homes into work spaces.

office space in South Delhi

And many are those who are a little tired of seeing their living space invaded by their work and want to find a real workspace.

On the other hand, some fear that finding an office to work in represents a significant long-term financial commitment. In this article, we’ll take a look at the benefits of getting your living room back and returning to the office, exploring the flexible and affordable options that are available to businesses of all shapes and sizes.

Does telework still work?

If you’ve been working from home for a while, you might think this is still a viable solution for a while, but it’s not a long-term option. Among the many benefits of office life, working with our colleagues is something that many of us miss.

Sharing ideas and being in the same physical space to create together is vital for business development. Finding space, organizing meetings without distraction, it all quickly becomes difficult at home. So, if working from home becomes a problem, maybe it is time to find an office space in South Delhi.

The most important first step is research. For example, what are your priorities when it comes to budget, location, branding of the venue and number of people attending?

Some third-party locations offer long-term rental contracts, which now involves a risk that is difficult to mitigate if circumstances change.

It is therefore preferable to consider a more flexible contract such as rented properties in Noida, to which you will not be bound for years and which will allow you to change location or size without changing the contract.

Regarding the budget, there are different office solutions suitable for all budgets and all requirements: nomadic, shared or private offices.

The goal is to find the best office solution with the least amount of constraints, boost your productivity and add value to your business.

Is the office safe?

For some, returning to the office can be a source of concern at first, but health measures have been put in place and reinforced to ensure the safety of staff and coworkers.

Therefore, all coworkers are now asked to systematically disinfect the tables in lounges, meeting rooms and phone boxes, after each use. All equipment and consumables are of course supplied and installed inside each space.

Whether it’s one-way systems, remote signage, or hand sanitizing stations, health is a priority. Signage has also been reinforced in order to maximize the application of barrier gestures.

And of course the wearing of mask is mandatory for everyone at all times in all spaces, including shared offices and lounges.

Top Advantages Of Moving To A Coworking Space

Today, working in a cowork space is no longer necessarily synonymous with a small independent self-employed person who does not have the means to have his premises or of the young graduate who wants to launch his Start-up.

We are going to retrace together the some main advantages of setting up in a coworking space or at least coming to take advantage of these new spaces that are not necessarily found only in large metropolises but also in slightly more isolated places.

office space in Saket

First advantage: no more isolation

We are not going to lie to each other: working alone is comfortable but you can quickly lose pace and feel isolated.

Settling in a shared space allows you to keep up the pace of “going to work”, getting ready, putting on your business attire and not mixing your living room with your professional office.

In a coworking space, we create this rhythm again, and above all we are no longer alone. The opportunity to network, talk business at the coffee machine, meet other people with the same problems or who have already met them and who can then help you.

Second advantage: benefit from infrastructure

When you work in a coworking space, everything is possible and everything is at hand, especially to organize various professional events.

Want to make yourself known and organize a cocktail? Organize a workshop in a large room? Get together with collaborators to make a videoconference? When you work from home everything is more complicated, you cannot receive interviews in your living room.

When you work in a coworking office space in Saket, you can enjoy a very distinctive, stylish and modern place, often with meeting rooms.

It’s up to you to choose according to your guests and the purpose of your meeting, a conventional rooms, an avant-garde atmosphere, sofas to talk about business, an auditorium to receive people, everything is possible.

A coworking space offers many interesting solutions for self-employed workers, startups and SMEs.

Third advantage: take advantage of an aura and an image

Your corporate identity goes through your work (obviously) but also through what you transmit. The place of your work already communicates about who you are. Working in a coworking space shows you that you are an open, dynamic person who knows what he is doing.

A coworking office space in DLF cyber city-Gurgaon helps to give a good impression of you and your company, during an interview or an appointment with a client.

Fourth benefit: reduce costs

The costs of renting a room or a classic office can quickly climb. Between charges, electricity, development, maintenance of installations (elevator, air conditioning, etc.), the number of bills and costs weighs heavily.

Working in a coworking space also brings this comfort of time and management by no longer having to worry about all the small loads.

Everything is shared in the cost of accommodation to take advantage of very beautiful facilities, have more square meters, parking, staff and team of reception, maintenance, security.

Have everything like a large group without any organizational worries! Save management time to devote it to the productivity of your business!

New Workspaces, A Source Of Motivation And Well-Being At Work

For as long as offices have existed, the same question comes up as to the best structure for them. We can talk about organization of the work environment, furniture, etc., but this is probably not the best angle of attack.

What matters is that employees feel valued and can take responsibility. Motivation is the engine that drives us.

office space in Noida

Today more than ever, we must be open to change in our professional life, be willing to learn throughout life, but also to want to do it.

Flexible structures in modern office space in Noida meet the needs of employees. However, in still a good number of companies, professional life remains firmly anchored in the idea that we must follow strict rules.

The organization is still very vertical in many companies and the work instructions are transmitted top-down, with fixed office hours in a fixed workspace.

However, the world is changing, so too are the expectations and behavior of workers. People entering the labor market aspire to new ways of working.

And these new working paradigms are taking place to promote motivation and autonomy with a “do it the way that suits you best” approach.

The office space in Gurgaon becomes a means of promoting the brand with the office branding. Large groups like startups have understood that corporate culture is a huge factor in attracting new generations.

The layout of the offices is therefore a major challenge to boost the quality of life at work as well as to improve the employer brand.

To adapt to new working methods, the company must develop a workspace that corresponds to its identity and diversify the types of spaces within the premises.

The office of tomorrow is more like a large apartment where informal interaction and comfort are the key words for productivity.

Nap room, concentration area, relaxation room, soundproofed telephone boxes, coworking space, kitchen, etc. In short, as many spaces as there are needs.

To personalize the different spaces and favor comfort, decoration and ergonomics must be taken into account.

It is therefore important to offer a maximum of adjustable and flexible equipment so that it adapts to all employees according to their needs and will allow a good position wherever they decide to work.

In addition, a pleasant decoration promotes motivation: brightness, green plants, stickers with quotes, colors, etc.

New working methods are undeniably linked to new uses and new technologies. The workspace must therefore be adapted and connected for better employee efficiency. High-performance Wi-Fi access in all areas, the ability to book rooms in real time or even a dematerialized badge are ways to increase the efficiency of your workspace.

To keep the employee in good shape, take initiatives. Some companies also offer coaching or conferences on multiple themes to help employees grow on subjects other than purely technical skills.

Finally, some solutions exist to bring together all the services available in an IT office space in Delhi: internal social network, concierge, dematerialized access, calendar of events, etc.

This allows the employee to have a single dedicated application on their smartphone and the space manager with tools for automating administrative tasks and monitoring performance.

Types Of Office Spaces Available For Startups

Faced with the multiplicity of existing workspaces, a few questions arise when looking for your ‘first office’: which workspace to choose? Which one is best suited to my activity? Which office would be the most profitable for the growth of my business?

Here we give you some tips for choosing your future office and models of workplaces to fully exercise your ‘job’!

Ask yourself the right questions

Finding a workspace is one of the tasks of a young entrepreneur. And if the lack of time pushes you to start your activity at home ‘in a corner of your living room’, the search for a real office space in India for a better quality of life and work is essential. First of all, ask yourself these questions:

What do you need?

To find the best working conditions and improve your quality of life in the office (and that of your employees), determine exactly what you want.

It will be easier later to find an office suited to your needs. For example: you need a meeting room, you want your workspace to be close to public transport, to have computer equipment, etc.

Which office for which activity?

From your professional activity, you have very specific needs that must be taken into account when choosing your workspace: are you a Freelancer? Head of a start up? Do you work with collaborators? Depending on your activity and your function, you will need a reception service, a waiting room to receive your clients or partners, a meeting room with a certain volume, etc.

Choose the space that suits you

There is no such thing as a typical office. Each activity differs from one entrepreneur to another, as do the needs, the size of the workforce, the budget etc. Here are the most common types of workspace:

The closed office: this is the standard workspace model but also the one preferred by the majority of employees. Its advantages? It offers more privacy and calm than shared spaces.

A closed office can generally accommodate 1 to 15 workstations for a surface area of ​​up to 60 m2. It is a long-lasting solution for SMEs who wish to have stability. But office spaces in Noida are also an interesting intermediate choice for startups.

Coworking: it is a term that appeared in 2005 and means ‘working together’. It designates a collaborative type of workspace where entrepreneurs, consultants, startup managers or freelancers can work and develop their projects independently, while creating their own network of coworkers.

With the advent of new technologies and digital, coworking is experiencing a real ‘boom’! Coworking spaces offer meeting rooms and access to many equipment: office, internet, printer, video projector, etc.

They are often less expensive than office rental and are now attracting more and more SMEs.

The shared office: not to be confused with coworking! It corresponds to a workspace shared between several professionals. The purpose of the shared office is to reduce the cost of occupying real estate. It allows a workstation to be occupied by several employees who occupy it according to their needs. This workspace can accommodate service providers and independent workers.

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.

Main Mistakes When Choosing An Office Space

Often, many owners of the company take the choice of office space lightly. And this is a very big mistake. The thing is, people are the main labor resource, and their activity is a component of a successful business. But for the process to really move in a progressive direction, it is necessary to create comfortable conditions.

Therefore, you should not save on real estate, because the room that you choose directly affects productivity and success in work, maintaining a collective spirit, a cozy atmosphere, etc.

Independent search for premises

Most entrepreneurs have formed the opinion that it is not necessary to use the services of professional brokers and agencies to find a suitable rental space. You can find it yourself. As a rule, two criteria are important for business owners: if the office is in the center and if it is easy to get to it, then it is suitable.

But this is by no means the case. Everywhere there are pitfalls, most of which begin to appear after the conclusion of a lease. But then it’s too late to change anything. And then there are problems and inconveniences. Therefore, you should not neglect the services of professionals.

We recommend that you turn to real estate agents in Noida because they are not only highly qualified and know the real estate market, but they are also excellent negotiators, which implies that at the exit you will receive an excellent option of a room with a suitable budget and expenses.

Incorrect calculation of sq. m

Often, business owners try to calculate the squares of the premises on their own. From experience, professionals can say that forecasting is the wrong step. The specialists will competently calculate the office space, so you will not have the risk of renting a huge office too small or vice versa for business.

Incorrect location selection.

The location of the premises is one of the most important aspects in the choice, because the amount of time that you and your employees will spend daily to get to work or at home depends on it.

Specialists will help rationally choose options: the office will be within walking distance from the metro, have favorable transport accessibility, parking spaces and developed infrastructure. You can also look for office spaces in Bhikaji Cama Place.

Lack of expandability.

When signing a lease, tenants forget to consider future prospects. Experts will help you choose an office that could be expanded in the future. They approach the choice of rent thoroughly and calculate the footage of the commercial premises, because even a small difference can result in a round sum.

Misunderstanding of technical characteristics.

Many people forget to make sure in advance and check the availability of water supply, ventilation, fire alarm and air conditioning. Often, these factors are simply not taken into account, since they pay attention only to the appearance. All this happens due to the inexperience of business owners who simply do not know all the intricacies of renting premises.