Maybe you’re thinking between buying or renting office space in south Delhi, either because you’re going to start a business or because you’ve already done it and you want to change.
Nowadays, the real estate crisis, the closing of bank branches and the closing of businesses, are leaving many opportunities in the local market.
Even in the best streets, you can find good opportunities to buy or rent office space in sector 44 Gurgaon.
How to make a rental contract for commercial premises?
In fact, it is not so rare for self-employed and small businesses to invest in their own premises for two reasons: to ensure the location regardless of the whims of the landlord, and to have an investment for retirement that is paid thanks to the activity of the business.
Keep in mind that this investment also generates deductible expenses in your activity (either because of the rent or the interest on the financing), so you will also save taxes.
To consider buying IT office space in Delhi, you have to take into account more things than the fiscal effect:
The future profitability of the investment, because you would have to consider its future revaluation as well as the annual income of an equivalent location. In the case that you use it for your activity. If the future profit and the monthly rent are higher than the payments generated by the premises (taxes such as VAT, financing, community, etc.). Then buying can be a good option. Keep in mind that in real estate, there are cycles, just as in the economy, so buying a right place when prices are low can be a safe investment.
Fixed expenses, regardless of buying or renting office space in Bhikaji Cama place, can be very large by community, electricity, water, or cleaning, so calculate the stalemate by studying the different options and do not put your business and assets at risk by linking to a local with high fixed costs.
Your business assets, because having a property will provide greater solvency to your business, something interesting for service companies where their only guarantee, is the client portfolio. With a real estate, you will have an asset that you can always sell. Or even monetize the premises through an individual or shared rent.
Your financial capacity, because between buying or renting a place, it can always be more comfortable to finance a rent through the business activity itself. But if you have enough money and do not have other investment options, it may be advisable to buy or even ask for a small mortgage loan if the interest is not very high.
One can also hire real estate agents in Delhi to buy or rent office space in Connaught place; they share relevant information as per your needs and choices. These property dealers also take care of your budget and provide space in a simple, safe, efficient, and cheap way. Hope! It helped you.