5 Factors That You Should Consider While Choosing The Office Space

office space in Delhi

If you’re looking for new office space in Delhi, then you need to be careful because choosing a new space is incredibly important to your business. A good and efficient space affects not only your day-to-day operations and your staff morale but also your brand image.

There are many factors and things that can affect which office you choose, but there are five factors that are crucial to the process. Here are the five factors that you should consider while choosing the office space:

Office Space Location

The first thing that you make sure of before choosing office space is the location. Thus, you need to choose the right office space for your team and clients that are being closed for parking, restaurants, transport and facilities as well as green space.

The next thing that you should consider before choosing the location is your competitors and partners. You have to make sure that position your business in contiguity to your partners and also competitors, creating no further competition.

Exterior Designs 

The exterior of the building, as well as the aesthetics within your workspace, are the important factors to consider. The exterior design not only influences your business but also enhances the reputation in the market, from customers to shareholders and employees.

While preparing the right design for the office, it’s crucial to think about functionality as well as visual appeal. It is a place where you start your business but also a place that employees will spend much of their week. Therefore, it needs to be comfy while still offering a professional image to visitors.

Facilities

Commercial office buildings offer facilities that focus on what business needs. Facilities such as shared meeting spaces, outdoor space, electricity connection, Wi-Fi and end of trip facilities.

Most of the top-class commercial buildings offer concierge services such as daycare and fitness classes for tenants. The easy access to such services and amenities of the buildings makes your work more constant for the team.

Therefore, choosing the right office space for your business is a crucial decision because it directly affects almost every aspect of your business, from staff to clients and productivity.

Apart from that, the cost and size are the two factors that can drive your workspace decisions but in reality, some other key factors will impact your business. Choosing an office space in the wrong place impacts your ability to attract and retain the right size. So, take your time, do your proper homework and keep the above points in mind while finding your perfect workspace.

6 Expert Tips To Find The Perfect Office Space

fully furnished office spaces in Delhi

It’s always a challenging task to find the ideal place for office space to start a new business. As a business owner, you want to have all the amenities you require to operate, but you don’t want to be overburdened with a sky-high lease payment.

Besides, keeping the check of costs and rent terms makes a difference whether your business strays float or grapple financially. 

However, finding the right place that satisfies all your requirements of office space could be a fine line to tread.

If you have a small business or a start-up one and struggling to find the right office space for your business, then these tips will be very helpful for you to find the right place for your office space.

Don’t Waste Time For the Perfect Place

There is nothing perfect in this world! So instead of finding a Perfect Office Space, make a list of what’s important for you and rate office space according to the list. Be more practical and stop wasting your time to find the Perfect Office Space.

Keep Cost Minimum

As a startup business, spending more than required can damage your business growth. It’s always a better option to keep cost minimum even if it means sharing desks in the office or working from a hallway. Try to avoid spending too much money on fancy office and furniture. You can also consider a shared workspace where you are not committed to any commercial lease.

Optimize Around Commute And Compensation

While searching for office space, using team commuting methods, you can enhance your business efficiency. The method helps you calculate the employees’ travelling time and you can search for a location that minimizes the commute times of your core team. Less travelling time means your core team spends more time on work and family, this improves productivity and work-life balance.

Keep Your Priorities First

Often you can’t have all you want, so you need to determine what’s most important for you and your company. A good amenity surround office space such as parking, building security, Wi-Fi and water facility should be your priority while searching for a new office space.

Maximise Most of The Time

Before finding the right space for your office, remember that you’re not only searching for space for your business but also utilise the after-hours. So, consider a space that can host network events that connect with the community and provide business development. 

Consider space with Flexibility Lease Terms

As a startup business, non-one no what will happen in the future. You hope for quick growth but if it doesn’t pay out; you don’t want to lock yourself in the expansive long-term lease. That is why co-working would be an excellent choice for you if you want to share your expanse and have flexible lease terms.   

The level of competition is rising each day and to thrive and grow a business such competition is the real challenge. Laying the framework of your business with the above tips will help you endure the storm of competition and set your business up for success.

If you’re in search of best office space in Delhi then Jain Estates would be a great real estate consultancy firm for you. For any query or information contact us Today!

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.

Renting Office Space: You Should Pay Attention To This

If you need office space, there are several options: hire a broker, search the Internet yourself or find office space in a business center. But in addition to the question of “where”, there is also the question of what you have to consider.

Both cost and adequacy play a role in choosing your office space. But you should also pay attention to the office equipment or the connection to your office space. In the end, what counts: Customers and employees as well as you yourself have to feel comfortable here.

Checklist for choosing your office space

Of course, we cannot do the selection of your office space for you. However, the following checklist can help you to keep an eye on all important aspects when viewing potential office space:

Size of the office space

The size of your future office space is the first aspect that you can use to make a selection before visiting the office space. It is not only important that all employees have enough space. Because just as bad as too little space is too much space.

There is a risk that the office space will look lost. So you should weigh up between enough space and too much space- including potential expansion of the company and meeting room, of course!

Furnishing the office space

When furnishing the office space, it is important that a modern infrastructure is available. This applies in particular to IT and telecommunications such as telephone systems. In older buildings, for example, cell phone reception may be poor or there are only a few power sockets.

But of course there are also sanitary facilities and, for example, a kitchen in which you can use your fully automatic coffee machine or water dispenser can be factors for or against the respective office space.

You should also pay attention to light and temperature conditions when you visit IT office space in Noida. For example, you can save energy in bright or well-insulated rooms. However, the view of the screens should not be restricted by too much outside sunlight.

Location of the office space

You should definitely consider whether the location of your office space is attractive to potential customers and employees. Office space close to the city is a bit more expensive, but it can be profitable.

If you are looking for office space in a city that is unfamiliar to you, find out about the reputation of the respective district. That can also contribute to your company’s image.

Features of the office space

Not only customers, employees and suppliers need to get to your location easily. There should also be parking facilities there, possibly a roller ramp or an elevator. So depending on the industry, you should consider all of these factors when choosing your fully furnished office space in Delhi.

Office space costs

Not only the costs for renting your office space play a role here. In your financial planning, you should also plan running costs such as classic ancillary costs (electricity, water), costs for equipment or communication (telephone connection, Internet).

The business tax rates also vary from city to city. The prices for office space can vary significantly, especially between the big city and the surrounding area.

You should also take into account the minimum rental period- especially at the beginning of a business start-up you may not be able to estimate how long you will stay in one location or exactly how long you will need this size for your office space.

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.

Creative Or Functional Office?

Introduced into everyday life in the 90s, the concept of “creativity” today is more popular with designers than with advertisers. It is not surprising to create something new, bright and unusual in the interior – a reason for pride.

What are the goals of company owners when they want to create a creative office? Improve the efficiency and creativity of employees. Office functionality is also aimed at improving efficiency. Will these directions complement each other and merge, or will the “lyrics” and the “physicists” go in parallel ways? Let’s try to figure it outfully furnished office spaces in Delhi

What is a creative office?

There is an opinion that in a creative office the concept of “work as work” is replaced by the concept of “work as a game” or “work as life”. It is unlikely that this is 100% true, but there is a healthy grain here.

Creative office implies the presence of areas for recreation, unloading and communication of company employees. This is achieved in a variety of ways – we will talk about them a little later.

Custom design workspace – the prerogative of the open space format and mixed layout. However, in popular open spaces, in addition to the undoubted advantage in the form of significant space savings, there are also disadvantages. To level them, you need to carefully consider the functionality of the room.

Functional office

The transition from classrooms to open spaces did not take place gradually, but abruptly. Therefore, companies did not immediately recognize the problems of open spaces:

  • Excessive noise;
  • Lack of personal space for employees;
  • Decreased attention span;
  • Difficulties with climate control.

To minimize these problems, specialists propose to select several zones in the fully furnished office spaces in Delhi that are designed for individual and collective work, as well as for focused tasks that require a high concentration of the performer.

Depending on the tasks, employees use a particular area for work. Of course, for the staff to learn how to use the zones for their intended purpose (and not just strive to take a convenient place by the window or in the acoustic booth), it also needs to be trained.

Office functionality is not limited to planning and design. This concept includes ergonomics of workplaces, navigation, optimization of engineering systems responsible for the microclimate, organization of “smart” lighting and much more.

Can a creative office space be functional at the same time?

In the case of offices, the question of creativity and functionality at the same time should not arise. Office spaces are created for work, so they are functional a priori.

But a creative office can be called in two cases – when we are dealing with an outwardly unusual modern design and when spaces are created in the office that “stimulate” employees to be creative.

If the first case is in no way directly related to the functionality, since it is just a fashionable shell, the second just makes the creative space a significant component of a functional office space in India, one of the tools to increase the efficiency of business

Why Are Your Offices Central To The Recruitment Process?

Start-ups and high-growth SMEs are always looking for new qualified employees to join their teams. To seduce the ideal candidate, the question of the premises and the proposed framework is central. The need for workstations can change rapidly for young French companies. These intense growth in the metropolitan areas of France have led to innovations in corporate real estate.

Offices- a seductive asset for recruitment

At a time when the generation Y is looking for, not only a job but also meaning in the daily work, the theme of well-being at work is unavoidable. The young talents are looking for pleasant and functional premises: it is now an arbitration criterion for many of them. It is crucial today to attract young talents to offer a quality work environment. These premises should ideally offer several work environments: open spaces, meeting rooms, relaxation areas, etc. It is also appropriate to adopt an attractive and innovative way of occupying premises.

In particular, it appears that employees are now ambassadors of their company. Thus, atypical premises offering various amenities and comforts, allow teams to feel good in the office and to echo their quality of life at work. Caring for the living environment of its employees is ultimately a key element of the employer brand!

Offices and Recruitment – Location and Accessibility as Choice Criteria

From the point of view of employees, the two most important criteria in the choice of an employer are the accessibility as well as the location of the offices. For young talents, the accessibility of offices is an important criterion in the choice of an employer. They also want to be able to reach their workplace easily and quickly. It is also proven that employees with short travel times spend more time in the office and are less concerned about schedules and transportation issues.

office space in inida

In addition to ease of access, young talents generally want a convenience facility close to their offices, such as restaurants, cafes, health services, and client meeting places, to optimize their time between appointments, the new generation of workers is bringing about a change in the ways of working.

Indeed, Generation Y and the following are looking for mobility internally and externally. Internally, by the layout of the office space in India and by the services offered there and externally by the location and life of the neighborhood in which the company is located.

The flexibility of Premises – a Must for Developing Companies

With the development of new technologies and information, it is possible to collaborate more effectively. This makes the offices more flexible, also allowing nomadism or telework. Propose an atypical and comfortably equipped framework today seems important for recruiting young talents. It is also necessary to adopt innovative working methods, opting for a flex office organization where everyone chooses the space and the way of working that best suits their task.

It is also the guarantee of being able to redeploy yourself according to the evolution of your activity without any major constraint. In addition, you will enjoy the standard to accommodate your customers or manage your mail and this without having to hire additional staff. Another advantage: the maintenance of office space in Gurgaon that includes security or cleaning, is not your responsibility. You control your costs, without hidden prices or related costs such as electricity bills.

Coworking space: How it should be?

Coworking is a working method in which freelancers and company employees share the same working space and collaborate while maintaining their autonomous role.

If you have become aware of this new reality and want to inform yourself correctly on the subject, we suggest you read the article until the end!

Structure

The structure must foster concentration and work serenity. Working in a quiet space, without noise and noise, is fundamental for one’s own survival and that of others, as it avoids, or at least diminishes any nervous breakdown! The location must be able to host and offer different venues, properly separated, and each used for its own purpose.

Coworking environments

Coworking spaces are generally open-space. They must be bright and quite spacious rooms in order to accommodate large tables and chairs in adequate numbers. It is therefore advisable to install sockets that are functional for the convenient use of electronic devices such as computers, tablets, and so on. It would also be convenient to make available to everyone stationery and some computers of the structure itself, so as to facilitate those who do not have it or who, for various reasons, do not have the possibility of bringing their own with them.

Office-space

The presence of technological equipment is also very important such as projectors, sound systems, printers, and scanners. A type of furniture such as bookcases is necessary to be able to divide and store the various documents in an orderly manner, to find them easily and have them at hand in case of need.

Stations

Regarding your workspace, the options offered are mainly two. You can choose to work in a shared location, then in a table that has the capacity to accommodate more people, or in a private location, or a fixed desk, dedicated solely to you, without sharing the table.

Secondary areas

Being so many, the presence of an area of relaxation and refreshment is advisable in which the employees can converse with each other in peace and regenerate themselves during the lunch break. This area should be equipped with all useful appliances to heat and cool food, rinse dishes, and make coffee and tea. The water should be made available by the structure itself, inside bottles or containers so that everyone can use them without problems.

In addition to the coworking space and the dining area, there must be rooms that can be used as meeting rooms and individual offices. These spaces must be separated in order to obtain the privacy you need.

Rent offices also at short notice

Renting flexible office space for a monthly flat rate, including ancillary costs, is child’s play thanks to the temporary office. You still do not know what the future holds? The short rental periods from one month guarantee you all the freedom. Decide spontaneously, how long you need our office on time – even the immediate rental is no problem! Did you get the taste? Contact us without obligation- we will find the right offer for your needs.