Office, Co-Working Or Business Center, Which Is Better?

Many entrepreneurs and freelancers when they start a new business often work from home to save costs, but there comes a time when they need a comfortable and well-equipped workspace to carry out their activity or they may need a meeting place on occasion. At that time, they must choose: office, co-working or business center.

Each way of working has its advantages and disadvantages, so we are going to analyze them so that you can decide what is best for your business.

An individual or shared office

This is one of the most classic options, you simply rent an office for your business or you share an office renting an office with other professionals. They are usually offices with independent rooms that do not facilitate collaboration but individual work.

An individual office for you can only be a bit expensive option, unless you choose something further from the center. An office in a shared office can be a good option to work in a more central area.

Business centers

Business centers are used for two things: to have companies domiciled and to rent professional offices or other spaces for companies. Business center in Delhi usually have additional services such as the reception and attention of telephone calls, rooms for meetings and events, etc.

business Centre in Delhi

The advantage over renting an individual office is that with the price we pay, we also cover the cost of electricity, internet, furniture, office cleaning, etc.

The disadvantage is that they continue to be spaces, like the individual offices that do not foster the relationship between companies, since they work in separate spaces, making it very difficult for synergies to arise or for collaborations to be established.

Co-working

It is perhaps the most flexible option for an entrepreneur who is starting a business since they usually offer several options: renting fixed or few hours a month jobs or attending events (without the need to rent a job).

These are open spaces that foster the relationship between entrepreneurs and, in addition, the co-working centers themselves usually schedule courses and various activities so that the entrepreneurs get to know each other and can collaborate professionally.

They usually offer various complementary services such as: internet, organization of events and courses, meeting rooms, etc. Sometimes they are very original spaces and they are usually in central places of the big cities, even in some cases they have other centers abroad that we can go to if we travel for work.

Co-working centers are a good idea for entrepreneurs who have just started, they work from home, but sometimes they need a space in which to focus or receive a client. Choosing one of the three previous options depends a lot on the type of activity you carry out, perhaps a more consolidated activity is better suited to ab office space in Connaught Place for that company.

While if it is a more creative activity, the relationship with other professionals who carry out activities complementary in a co-working can be beneficial.

Where Is It More Profitable To Invest: In Residential Or Commercial Real Estate?

The crisis of COVID-19 significantly affected both the business and the real estate market. And the main question facing “micro” and “middle” investors is which is more profitable: commercial or residential real estate. The answer to it will not be unambiguous.

Residential real estate is clearly segmented: primary and secondary markets, apartments, luxury apartments, houses and cottages, economy, business and premium classes. Segmented and commercial real estate:

  • Offices
  • Retail
  • Warehouses
  • Hotels
  • Narrow-profile buildings: cafes, restaurants, banks, etc.

Therefore, to decide whether to buy commercial real estate, you need to decide: will it be an investment in your own business or a rental income?

Business premises

It is logical that the person who acquires the premises for the business is able to calculate their income and expenses. But in practice, many representatives of small businesses (especially in the retail sector) do not always calculate whether their store will make a profit if the company has to pay rent + utility bills and other expenses.

What does this mean? The store pays off. But investments in the room do not pay off. Is such an investment profitable? No, although outwardly everything looks quite acceptable. This is “business for business.”

The money spent on the purchase of their business center in Delhi could bring much more profit if put into circulation.

The second problem that the owner will face is the inability to assess the potential of the area. He does not know (or does not take into account) which objects will be erected here in the next 3-5 years.

Meanwhile, the opening of a large hypermarket in the neighborhood, the transfer of a bus stop, the closure of the metro exit can “kill” your own business.

Premises as rental income

In this case, the investor expects to receive monthly income from the rented property in Delhi, while the room remains its asset. For a long time, residential apartments remained the most popular type of such investments, however today their payback period has increased significantly, and profitability has fallen.

Commercial real estate wins in this regard: its payback period is 7-10 years against 20 for apartments. But both options have their pros and cons.

Apartments

Entrance ticket to this market is lower than in the commercial segment. Traditionally, apartments are bought for children, and while children grow, rents are a good help for the family budget.

A similar option is also chosen by people who want to ensure a quiet retirement life- they rent out their property and live on rent.

The advantages also include the fact that professional experience for renting an apartment is not necessary (which cannot be said about the store or office). Moreover, companies that professionally manage residential real estate operate on the market today- if necessary, they can be entrusted with the management of the apartment.

The third advantage is liquidity. An apartment or apartments is easier to sell. How easier it is to purchase housing at the construction stage, which means to save on the purchase. The fourth advantage is the ability to rent housing.

Is it profitable to buy commercial property?

In terms of payback – yes, of course. With one caveat: if this property is liquid. The trend of the last 20 years has been the purchase of apartments (or premises) located on the first floors of houses under construction.

Rules For Designing Entry Zones In Business Centers And Reception Areas In Offices

The lobby of the business center in Delhi and the reception area in the office are their face and business card. And since a person makes a first impression in less than 10 seconds, you need to pay special attention to these zones.

Office real estate experts shared their experience in organizing the entrance area, reception area and waiting area and gave advice on what to look for when organizing them.

Aesthetics and functionality

Do not be afraid to stand out. You can save on furniture and decoration materials in other areas, but not in these. An unusual reception desk will immediately attract the attention of visitors – they will want to take a closer look at it. By and large, you need a WOW effect. Typical solutions do not achieve it.

Aesthetics should not defeat functionality. Reception area – the place of work of administrators, secretaries, who have a “shock” load. Therefore, it should be convenient not only for visitors, but also for employees. It makes no sense to install openwork partitions in which you cannot place documents or buy a chair on which the secretary simply cannot sit.

It is important to plan the organization of the entrance zone at the stage of development of architectural and planning solutions, when the foundations for future design are laid.

Already at that moment it is necessary to think over logistics – how the flows will move in the reception area and how to distribute them correctly, how to organize a lounge area and where to put the reception desk.

To foresee where the security officer will be located so that he does not interfere with visitors, but at the same time he can control the space and respond promptly in case of an emergency.

Experts note that it is extremely necessary in architectural and planning decisions and during design to do everything possible so that at any time of the year the streams of street air do not cause discomfort to employees and guests of the business center.

The size of the entrance zone is always planned taking into account the number of employees of the business center in Noida and the potential load on it during peak hours.

Before the opening, it is worth planning the location of the panel with a list of tenants. One of the main trends in the organization of entrance zones today can be called functionality – a sufficient and yet inconspicuous place for correspondence of tenants, an equipped waiting area with chargers for gadgets and free Wi-Fi.

As for the visual design, you can achieve a wow-effect by working with light, a different combination of materials and geometric shapes.

To create a positive impression from the first minutes, the presence of a stand for the bag, a comfortable place where you can sit down to fill out documents, a soft light, a scanner that recognizes the guest’s passport data to quickly process the pass and save the guest’s time will help.


 

How To Fulfill Your Purpose Of Renting A New Office In 2020?

We are almost in the middle of year and it is the final time to reflect on your purposes for 2020: Have you already found office space in Saket for rent or are you still looking? In the event that you are still searching, nothing happens.

You have to divide the process of renting office space in India into concrete actions that you can accomplish without making it feel like too much work. However, if you are going to rent a new office for the first time, the process can be complicated.rented-property-in-delhi

Plan: Make a List with the Needs of your Company

The importance of preparing cannot be underestimated. Or as Cervantes said: ‘Preparation is half the victory.’ Therefore, one of the first things one should consider when looking for an office is to make a list of the needs for his company.

Think About the Priorities of your Company

Think about the services you are missing now in office space, such as a private parking, larger meeting rooms or a reception service. Try to list all the things you might need, even if it’s something that may not be offered in a business center.

What are the Essential Services for your Company?

It is useful to order the wishes of your company according to their priority. Thus, when you have to choose between several rental office options, you can choose a business center in Delhi that meets the most important services that your corporate needs to succeed in the market.

When you have an ordered list with the needs of your company, you just need to make a budget before looking for fully furnished office space in Delhi for rent.

Find: An Office for rent and plan a Visit

With the preparations made, you know more about the needs and priorities of the company and the amount you can spend on renting an office. But how do you know the availability of offices for rent? And the services that are included in your price? And what is the most suitable office for your company?

Visit: Meet the Office

Take an active rather than a passive attitude during a visit. The owner will talk a lot about the benefits, but use the opportunity to ask for more information about the most important things for your company. That is, make sure you receive all the necessary information so that you can make the right decision.

However, it’s hard to handle all the new impressions from the rental office and think about the things you want to ask. Therefore, it is recommendedto make (another) list of your questions before visiting an office, and pick up your questions in the car, before entering the business center.

Visit several Offices to make the Appropriate Decision

A business center owner always has a lot of work and during a visit he will only tell you the things that he considers the most important. When you have your questions ready, you will not rent an office that is not suitable for your company.

Rent: The Time has Come

After visiting several offices for rent, it is time for the decision. Look carefully at your priority list when choosing an office, but also listen to your intuition about an office space. In the end you are going to make an important decision that affects the future of your business. In case you have doubts if a rental office is suitable for your company, you can always contact property dealers in Gurgaon.

Why Coworking Is A Good Investment For Your Company?

Do you know what a coworking space can do for your company? Coworking is becoming increasingly popular. SMEs, large companies and freelancers are looking for a flexible office to work. It is an ideal solution for small companies thinking of rented property in Delhi where the rental price is high. But there are still people who think that coworking is a trendy thing.

The reality is that coworking is not for every type of business. The advantages it offers can be counterproductive for one company and very effective for others.

Community

Coworking spaces are communities. Shared office space in Connaught place creates a relaxed environment in which you can develop your own network of working colleagues. There is no rigid office structure that has its own culture and social code. You can connect with the people in your environment the way you want.
And best of all, you have no rivals in the coworking communities. There is no one who says that your ideas are not worth it or that they cannot be developed. The atmosphere and community of a coworking site help you do inspiring work that you could never do in a classic office.

Flexibility

In large cities, traffic restrictions have already been introduced to reduce pollution levels. Shared office space in South Delhi can save you the time you waste every day in traffic. A coworking space also offers you flexibility in traveling around the city. For example, if you have meetings in the morning, but have nothing planned in the afternoon, you can go to work in a business center in Noida instead of going home.

Productivity

From your first day in coworking office space in bhikaji Cama place, you already discover that you no longer have to work with your enemy: yourself at home. When you have a flexible office, there is no one to distract you and nothing you can distract yourself with.
You have more productive days in a business center in Delhi because you don’t have to fix the little things that, for a reason, always take you an entire afternoon to fix. Doesn’t the internet work? Does your computer not connect to the printer to print? One calls the service people and it’s already fixed.

There is a certain degree of loneliness in working from home. Although loneliness can help you dream up new ideas, too much loneliness results in more stress and difficulty sleeping. To reduce your loneliness, go to social activities and events that are organized in business centers.

The advantages of a coworking space for your company.

A fully furnished office space in Noida can be beneficial for any company. Their sense of community creates opportunities to collaborate and to let your self-esteem grow. Your productivity is increased with a coworking space since you no longer waste time with housework, or small problems that arise when you work at home and loneliness does not affect you as much when you work outside some days.

Are you interested in having your own coworking office space in Jasola? Contact real estate agents in Delhi, so that you can find out about the options and plan a visit to the available coworking offices.

Business Centers: 6 Benefits You Should Know

Inrecent year, the correct economic and social policies have gone hand in hand; positioning the country, as one of the best options for investment, generating new business, employing manpower and raising ideas for new products or services. Against this background, the Indian business community has been progressing, by placing itself at the forefront of growth, especially in Delhi. That is why, accompanied by State policies oriented towards multinational agreements, service platforms were created to facilitate work at the moment when opportunities opened their doors, known as Business Centers.

The Business Centers are spaces denominated as a business hotel, and stand out as a new commercial model that has been in progressive growth for 20 years.

There are many benefits that business centers provide both for the economy, society and especially the development of new startups, allowing SMEs the best opportunities to start, evolve and make themselves known in a prestigious way (advantages that companies did not previously have).

Here are some of the benefits of business centre in Noida, do not miss it:business center in Delhi

Business centers add value to companies.

Mainly these spaces are located in strategic places, normally in the most prestigious areas of the city, so belonging to a business center will help you project an exclusive and professional image that will transmit confidence and security to your clients.

Costs reduction

Belonging to a business center in Delhi will allow you to significantly reduce all the expenses that a company entails.

You can forget to pay monthly bills for public services such as electricity, water, toilet, among others. Nor will they be, more within your concerns, paying the internet or a cleaning team that is in charge of keeping your office impeccable. In addition, it will no longer be important for you to hire a receptionist or someone to answer your calls, since in business centers it is only necessary to make a monthly payment where everything mentioned is already included.

Spaces ready to work

Before, having your own space to work meant a great investment, since you had to acquire all the necessary furniture, a fact that was sometimes an obstacle for small companies that were just starting out and had few resources. Now in business centers it is possible to immediately acquire the space adapted to your needs, fully furnished and equipped with the latest technology equipment.

Allows networking

Business centers in Noida have common areas at their disposal where professionals from different companies converge. These interaction spaces allow you to expand your network of professionals, generate allies and be constantly in contact with multidisciplinary teams with which you can create relationships that will help you strengthen your economic activity.

Save time

It is no longer necessary for you to spend long months visiting offices throughout the city or managing endless documents to meet the requirements of contractors; business centers give you the facility to access their facilities quickly, easily and for as long as you need it.

Falling in love with the little details

Not only will you have a workplace adapted to your needs and in a prestigious place. Another benefit of business centerin Delhi is that their entire structure has exclusive designs, latest technology, and all areas designed to meet the needs of entrepreneurs. You can also have access to fully equipped meeting rooms to receive your clients and investors. All in the same place.

Why Small Companies Love To Rent Offices In Business Center?

The solution that in the last few years is gaining more and more importance, especially among the young startups, is that of managing its business inside a Business Center where you can find an office ready and ready for the time you want, without incurring fixed costs to be amortized only over many years: in short, an office that can be permanent or temporary, respecting its needs. Indeed there are many situations, in general, that make the needle of the scales towards this choice, certainly extremely elastic but also economic.

Small companies that cannot afford to pay annual rental fees and have a largely fixed charge on the income statement. But also young companies, which are not initially very structured, but who are expecting growth, and therefore need rather flexible spaces over time. It works even for large companies which do not intend to take over, apart from the rent, the costs of condominiums, maintenance, utilities, and general services and fixed administrative staff, as well as the burden of providing the material management of these services, which would require a commitment of additional dedicated work resources.

In all these situations and many others, it is certainly cheaper to rent a furnished office inside office center spaces, designed and specifically designed to meet the needs of every company or freelancer and to support the economic activity of its customers in all those services delegable to them.

The most suitable solution for a startup

The rent of an office is the only solution for a startup to access a fully furnished office space in Connaught place, a professional office, without having to make large investments or commit a considerable part of their budget. When a startup uses a furnished rental office, it has access to all the advantages of a traditional office, with furnishings, receptionist services, IT staff, and professional technology such as printers, audiovisual systems for video conferencing, projectors and overhead projectors. Plus a whole host of other services such as bars, common areas and sometimes gyms and restaurants. With the rent of the furnished office, there are no particular commitments or major investments to make.

Rents can also be short-term or follow agreements month by month with the administration of the structure. You can therefore only pay for what you actually need, rather than settling in a space that is excessively large for the current reality of a startup. If you need a conference room, it is often possible to rent it for a few hours or for the whole day, rather than paying for a space that is actually used only for a short period of time.

Startups do not have to worry about maintenance, long leases, expenses for repairs, or taxes. And then they are the ideal place to meet suppliers and customers, thanks to modern furnishings and the comfort they offer. The look is professional and inspires confidence in potential customers and partners. If, moreover, one day a larger space will be needed for the activity to expand, normally the buildings that house the furnished offices give the possibility to have more space without getting the headache looking for a new solution. Likewise, if you need to resize your Business Centre in Noida, you can opt for a smaller space.

This again saves time and money, without having to change the company’s address. The new startups and small businesses continue to crop up all over India every month. These companies need a solid foundation on which to lay the foundations for a successful future. A furnished office can guarantee to these nascent organizations the necessary space and flexibility, focusing exclusively on the management of the company, without being diverted from other tasks.

Virtual Offices, Physical And Co-Working, Lets Know The Terms In Depth

The virtual offices represent the main tool for new entrepreneurs, who obtain a modern and equipped office, well located, without a rental contract, without maintenance costs, avoiding fixed salaries and that can be accessed when needed, the time is required.

When the moment comes when we decide to start a business, a fundamental part that we must value is the office where we will develop our project or business.

There are three different types of Business Centre in Noida that an entrepreneur or a small company can contract, we find from the virtual, physical offices or co-working. Each of them offers us the advantage of avoiding spending large amounts to acquire a property and adapt them to the needs of each business, in addition to reducing installation, contracting and maintenance costs.

Many entrepreneurs or entrepreneurs who come to a business center, hesitate to opt for the different spaces of co-working, so then we will tell you the benefits of renting workspaces:

  • ONLINE OFFICE RENTAL

This modality is characterized by offering a corporate presence that does not require a large investment: it consists of hiring professionals to answer telephone calls and receive messaging, however, it is not a physical space in which the employer can perform their work.

These offices also offer meeting rooms, where the employer can receive clients occasionally, although the office is not really there, but on the street or at home. It is an ideal tool for when you work from home when a lot of field work is done and you occasionally need an office. On these occasions, the online office is ideal.

  • RENTAL OF PHYSICAL OFFICE OR OFFICE

It can be defined as a private and fully furnished office space in Delhi. Having a physical space, either for rent or purchase gives confidence to the client, the reality is that in the business world, trust is provided by an office because it conveys image, seriousness, and formality.

A recent investigation carried out by a provider of flexible workspaces, reveals that workers consider that partially closed offices are ideal to obtain a better concentration and generate greater productivity that is why some entrepreneurs consider that when companies have consolidated, it is the ideal time to acquire the physical office service, unlike the virtual offices, recommended for new entrepreneurs.

This type of space has all the necessary services to carry out all professional activities. We avoid making an initial investment to equip it, because those needs are already covered, as well as the basic needs of cleaning, internet, telephony, printing equipment, among others.

  • CO-WORKING

It is a recent office modality, where the workspace is shared with other professionals. It allows the hiring of space for hours, as well as having all the necessary material at hand to work. Among its advantages, one of the main ones is that sharing space with other professionals is ideal for sharing ideas, joining synergies, networking, feeling accompanied and also knowing new people and new projects.

It is a very flexible format, which enables the exchange of ideas, coexistence and gives rise to innovation to create new projects in common.

A Brief Description of Errors in Renting Office Space

Why do you need commercial real estate? Basically – to organize your business. But, speaking about the modern world, we observe that at the present time such a concept as fraud is actively developing, and frauds in the conditions of rent are quite popular now. How not to make mistakes when searching for a business center in Delhi? This is our article.

Finding a rented property in Delhi is not as difficult as taking into account all the nuances and subtleties when concluding a transaction and signing a lease. Very often, the owners of various companies are relatively light-minded about this important process, which leads to a large number of unpleasant consequences.

THE POSSIBILITY OF CHEATING WHEN RENTING

People in our world are very inventive, and in the field of real estate renting, many different ways have been devised to trick the inexperienced tenant. We list the main of them:

Conditions with a “subtext” that is unprofitable for you: it may be the deprivation of the rights to improvements, and various kinds of fines, perhaps – “fake” measurements of the area.

“Third person”: the conclusion of an agreement with a person who does not have any legal documents confirming his ownership of the leased area;

Conclusion of contracts with the expired term of the power of attorney.

Proposal for renting premises that are subject to illegal actions (for example, problems with the tax service or arrest).

Conclusion: in order to avoid mistakes in leasing, it is necessary to demand from the lessor a list of documents refuting all the possible inaccuracies listed above.

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Best Working Space in Nehru Place for Your Business

Finding an office space today is no longer a problem, but finding space that fits your budget and delivers on your expectations is something we are solving with Jain Oncor, so whether it is office space in Delhi or office space in Gurgaon or Noida you require, we are here to help you build your next big thing.

Quick overview of office space in Nehru Place

Nehru Place is a large commercial, financial and business center in Delhi. It is almost the biggest hub where there are multinational companies and small scaled firms situated in southern part of the capital city. It has its own Delhi Metro Station and owns bus terminal. There are a variety of office spaces, commercial properties, residential properties, hotels available in Delhi. There is a commercial unfurnished office but can be furnished as per the client’s requirement suitable for small business start-ups or any type of large business. Well-planned infrastructure and good facilities are nearby and all around surroundings make it the best place to raise your business, with Ac, power back up, lift, security and parking, all the commercial with sufficient parking.

Below mentioned are the available office space in Nehru Space:

1. Eros Corporate Tower: It is a fully furnished commercial office space having approximately 12,000 sq. ft. super built up area one of the top corporate building in Nehru Place. It is right opposite to the Nehru Place metro station. There is enough dedicated car parking with this space in multilevel car parking. The building is well equipped with all modern basic amenities like lift, Power back up, Fire Safety, Security etc that is required for a perfect start up.

2. International Trade Tower, Nehru Place New Delhi: Having with high class fully furnished ready to move. One of the top corporate building in Nehru place. It is right opposite to the Nehru place metro station. The building is well equipped with all modern basic amenities like lift, Power back up, Fire Safety, Security etc…These fully furnished work areas are convenient in the name of quality and also have a number of facilities in close proximity. In this building, there is a meeting room, services office, virtual offices and a perfect ten on ten for office location.

3. IFCI Tower: It is one of the best building at Nehru Pace. Centrally air conditioned with power back up and much more. It is facilitated with modern amenities like lift, Power back up, Fire Safety, Security. This building is surrounded by posh colonies, the presence of police station, hospitals giving employees a comfortable life style.

Apart from the above-mentioned ones, there are three best commercial towers: Ansal Towers, Chiranjiv Tower, and Devika Tower. This place became the best destination for many MNC companies.

Jain Oncor is a company that deals online as well commits itself to provide the best space whether it is commercial, residential or industrial for rent anywhere in Delhi or NCR. The only aim of consultancy firm is in light of the fact that with proper roofs, customers will be able to enjoy greater durability, reliability, and efficiency.