When you decide to rent an office , you enter into a tenant agreement with the landlord through a rental agreement. This contract includes various provisions, such as rent, the number of square meters of office, a free rental period and other special regulations. Negotiations can always be done on these provisions!
- Measure office space before renting
After you have calculated the amount of office space you need, you have found a space that meets this requirement based on (AN), (AT) or (AA). Net area (AM), work area (AT), or leasable area (AA) are just difficult real estate terms that can make it difficult and confusing for you as a tenant. Because, how many square meters of offices are you going to rent now? According to real estate agents in India, the standard for the Measurement of Office Spacesis:
(AN) | The Net Area is the space delimited by a Border Line except the area occupied by all the constructive elements that delimit it or are structural.
(AT) | It is the area of the Net Area on which you can walk or have horizontal support furniture, or elements that belong to a tenant.
(AA) | The Leasable Area will be the area within the outer perimeter of the building’s enclosure, measured at the height of the finished floor, less the area of vertical voids or voids intended for the circulation of elevators or distribution of Facilities.
- What is the duration of the lease?
In the past, the minimum duration of a lease was 5 years, the trend now is to rent flexibly. You can make a lot of profit as a tenant at this point in the lease and the length of time. Renting an IT office space in Delhi for a workplace can be for periods of one month. For a larger office, a 1-year period is quite normal.
- Take advantage of the freedom of rent negotiation
Many thinks that the established rental price is fixed, but nothing is less certain. The rental price can always be negotiated when the rental conditions are established. Especially when you are going for rented property in Gurgaon, be stronger in the rental negotiations. Take advantage of this opportunity! But savings can go up considerably with smaller office buildings too, so always try to negotiate the right rental price. Often there is room for the owner to decrease. Take advantage of this freedom of negotiation!
- Have you chosen for an all-inclusive rental price or are the service costs not included?
In many office concepts there is an all-inclusive rental. But service costs are not always included in the rental price of rented property in Noida. In addition to the basic rent, an amount per m2 per year is charged, among other things, for the use of gas / water / electricity.Therefore, pay attention to the level of service costs. Do the calculation in advance so that they are not a surprise on the final invoice.
- Choose the largest rental discount possible
An important point of negotiation is to get a discount on the office rent. During negotiations, try to get a discount on rented properties in Noida.
The free rental period does not always occur in practice, certainly not when there is a flexible lease term. For this reason, options such as a rent discount or progressive rent are also used. An office rental discount means that you rent the first or first months with a certain percentage discount. Progressive rent means that the rental price is increased multiple times by a specified number of times.
Start by negotiating the office rental conditions