Property in Noida

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.

How Much Can I Pay Monthly To Buy My House?

Buying a house is the best investment we can make in life, not only because you will live in it; if not also because acquiring a property will allow you to create your own heritage.

Nowadays mortgage loans are very common, but doing it this way generates a long-term commitment with a financial institution or a bank and this over time affects your liquidity. Wouldn’t you like to buy a house and pay for it in cash?

How can you save?

Before embarking on the adventure of saving, we must analyze our finances very well and determine if they are healthy at this time. The health of your wallet is the green light you need to be able to raise enough money to buy the home you want.

Your savings should cover more than the cost of the property

In addition to the amount of the property, you need to save for the down payment of the property or what is commonly known as a down payment. It is always recommended to allocate the highest possible amount to the down payment, since it is the best invested savings.

In addition to the down payment, there are other items that must be paid as an extra to the payment of a property, for example: the notarial payment, among other expenses. After this, you can consult property dealers in India.

How long does it take to save enough?

The time you propose.

For example; you can start by opening an investment account with 6% per year, where you deposit a certain amount of money for at least three years, with this your savings will accumulate a considerable sum of money, which may be enough to cover the down payment.

This plan not only demonstrates your ability to save, but also helps you reach your goal of buying a house for cash.

Advantages of buying a house with cash with your savings:

  1. Paying in cash avoids commission and interest charges
  2. Having the total amount of a house allows us to negotiate better prices.

When you have cash in hand and make the payment in cash, you have the right to choose your own notary, which will allow you to reduce the cost of the deed.

How much money do we have to save?

In order to save, experts recommend that we should not spend more than 30% of our income.

Since according to the experts with this figure we could live modestly and on the other hand save what is necessary and enough to be able to buy the house that we want so much without the need to embark on a mortgage loan that could take us our entire life paying it.

You can also contact property dealers in Noida for a much more safe transaction. In order to realistically plan the costs of buying a house and the subsequent home purchase loan, you need to calculate your monthly resilience.

Is It Better To Rent Furnished Or Unfurnished Offices?

When you decide to rent a home, one of the first doubts that arise is whether to look for a furnished space or not. Perhaps some will not even ask the question, but for others, the choice is anything but simple. It is such a personal decision that it seems to us perhaps the worst puzzle in the industry. The truth, however, is that regardless of the personal factor, for every circumstance, there is a better solution than the others.

No option is in itself better than another; the right one depends on a number of factors, such as the time period of the lease, how much demand there is for the fully furnished office space in Noida, the furniture present, and the money available for extra charges.

Advantages of an already furnished house

Among the advantages of renting an already furnished house, we recall the following:

Possibility to enter immediately. The property already has the necessities for everyday life, so it is possible to start living there immediately.

Saving on furniture. If the house is already furnished, save on the cost of the furniture you should have bought; remember that to furnish an apartment you can easily spend a large amount of money. It is, therefore, not a factor to ignore.

Most expensive rentals. When the property is furnished, the landlord can increase the price. A house already designed to meet the daily needs of the tenant makes his life easier, and this has a price. But we must consider that the price factor varies depending on where the property is located. If the house is in a very expensive area and with a scarce offer, renting a furnished apartment for the landlord is more profitable because the cost of the furniture is less than the price increase due to the area. Otherwise, if the house is located in an area with a lot of offer, the prices of furnished and non-furnished houses are very similar, so renting a furnished space may be less profitable.

Short and long term rent. With a fully furnished office space in Gurgaon, the rental options are different. It can be rented in the short term, for example, to tourists during the summer, but also in the long term to students and workers who come to live in the city for several months.

Rental preferences.  For some people, a furnished house is more attractive than a non-furnished one. This type of tenant seeks flexibility and does not want to have to look for furniture to furnish the home.

Disadvantages of a furnished home

Even the furnished houses, however, have some drawbacks. In fact, to get the most profit possible from renting a furnished property, you have to fulfil certain duties. These are some of the drawbacks of a furnished apartment:

Given that the house is equipped with furniture and other objects of use, it is possible that over time, these will be ruined or broken. The landlord will have to take care of these problems and renew the equipment. What the tenant sees as an advantage is a drawback for the landlord.

When we rent, we must remember to furnish the house. We must also remember not to neglect the appearance of the house and then change the furniture cyclically.

This type of dwelling is strongly demanded by short-term tenants who do not want to stay too long in the same place. Hence the need to take care to look for the next tenant, so as not to leave the house empty. This without taking into consideration the costs of the real estate agencies that deal with opening and closing lease contracts.

Home: Is it Better to Rent or Purchase ?

Everyone sooner or later wonders whether to buy or rent a house. If you also have this doubt, then you know how difficult this dilemma can be to deal with.

Choosing to buy or to stay in rent can determine your future, this is an important step, which can put you in crisis.

Moreover, we often tend to think that sooner or later the purchase of a house is mandatory. “Having a roof over your head” is a way of saying that you need the certainty that whatever occurs there will always be a place to live and to call in the real sense of the word: home.

It is not said, however, that buying can be better than staying in rent, both housing solutions can have both positive and negative connotations. Choosing whether to buy a property or to keep rented property in noida, in fact, can vary according to the needs, so buying a house should not be an obligatory choice but a weighted decision also depending on your economic and working conditions.

Why choose to stay in rent?

Before choosing whether it is better to rent or buy a house it is good that you know what are the pros and cons of the different solutions. One thing is sure everyone needs a house but is rent an enemy from which to escape? In reality, even living in dense has positive aspects.

Choosing to live in rent, you can have several advantages, mainly from a credit point of view.

Often when you choose to make a mortgage or buy a house with cash, you can limit your investment capacity.

If you have future projects that involve the investment of large numbers, turning on a mortgage or otherwise depriving you of your savings you will, therefore, preclude your investment capacity. When you turn on a mortgage, invest in the property, so the banks will struggle to give you prominent figures again to be able to pay for other types of projects. In this case, by paying the rent, you can choose to invest your money differently.

One of the positive aspects of renting is the possibility of moving home when you want, and you can choose lightly to leave to change jobs, because you got a promotion, or because you fell in love with someone who lives abroad or in another city. The events of life are changing, and everything can vary from one day to the next.

You will think: “At most, if I buy a house and I have to move, I can always sell it.” In reality, however, it may take a long time to sell a house. Moreover, if the real estate market is at a time of crisis, you risk selling the home at too low a price, then if you are paying the mortgage, you may not completely cover it the sale of the home and you risk having to pay together the mortgage and the rent of a new house.

Are you renting less?

Many in doubt, to choose whether to buy or rent, rely on a simple calculation of the monthly costs that involves a rent and those that are instead caused by a mortgage.

The costs of the rent, therefore, may be lower, while the cost of the loan may vary according to the value of the house. So choose between buying or rented properties in Gurgaon, it cannot be based only on a simple monthly economic estimate, but must also take into consideration the type of home that you want to rent or buy.

Even if the rent could cost less, if you will live in rent for about twenty years, all that money will be “lost” because you will not have invested them and will give you nothing in return.

So one of the primary defects of having a house rented and not succeeding after so many years to have its property, but if you have always traveled for work, in exchange, you will have had the opportunity to live in different houses in different places, without the worry of a permanent residence.

Keys to Reinvent Your Business Center and Modernize it

One of the most important aspects and that most worries those people who decide to become autonomous or open a new company is the site where they will work. It is a place where you spend many hours a day, and it is essential to feel good about it.

The Business Centers in Delhi are an option that more and more professionals choose as an alternative to renting an office or working at home, since settling in these places of work brings significant advantages, such as

  • Being able to work punctually in a professional and utterly flexible environment,
  • Reduction of fixed costs,
  • Savings in furniture and conditioning (the business center is already fully equipped with everything you need to develop your activity);
  • Immediate incorporation (you are ready to start working whenever you want);
  • Access to other facilities in the same center or the administrative facilities offered by many of them.

Next, we will write down the aspects that you will most need to take care of if you want your business center to be the first option for companies and entrepreneurs:

Image: You must offer a quality image, so do not hesitate to invest in renewing your facilities for your business center. A modern design, together with adequate lighting, will create an exclusive atmosphere and added value.

Remember that companies receive their clients here, so they will seek to project a particular and professional image of their company and where they are located says a lot about them. Thus, you must take care of the reception area of the building, the common areas, and the rooms and offices in detail.

Technological infrastructure: Take maximum care of the equipment offered by the Business Centers in Noida, such as printers, scanners, and fax machines, photocopying machines, projectors, telephone and especially, access to the Internet. If the Internet connection is terrible, it can seriously affect the productivity of a business and daily jobs such as reviewing and sending emails, video conferences or updating the company’s website can be interrupted.

Environment: the service must be impeccable. For those organizations that either by size or by necessity do not compensate them for renting an office, they have in the service of domiciliation of companies and virtual office, an excellent option to project a prestigious business image.

With these services they have at their disposal gathering spaces and reception services, telephone attention or correspondence control, for which they can offer their clients unbeatable care without the need to rent an office or hire staff.

For this, you must have the specialized and highly qualified personnel to offer the best service, providing an exquisite treatment to the clients. If you are a company or freelance, choose the space that best suits your needs and start without delay!

Coworking: Sharing Innovative and Affordable Workspaces

We have already seen in this blog the growing success of shared workspaces, what the Anglo-Saxons call coworking. In short, ordinary offices in which different self-employed and small businesses with limited budgets find a place to develop their activity in a collaborative environment.

It is not a company; there are many sharing a workplace, what the Anglo-Saxons call as coworking. The eight founders of this real estate proposal decided to convert an old garage into an affordable rental place for entrepreneurs. And they have been successful because the facilities have the maximum occupancy.

We are not witnessing a coworking boom, but a change of mentality when it comes to an understanding the ways of working. More and more people begin to self-employ themselves. It is at this point where the significant growth of IT office space in Noida is born. Every time there are more self-employed, entrepreneurs, freelance, etc. who realize that in spaces of this type they find advantages that they would not have working from home or a cafeteria.

The first advantage is saving, which is essential compared to renting a general office, by sharing not only the premises (both for work and leisure and rest) but also some telecommunications services. Also, synergies can be generated between companies and entrepreneurs who develop their projects in the same sector and even increase professional contacts from these collaborations.

But any space does not work, because it is not about dividing the same office into autonomous zones and subletting them. The owners point out five characteristics that should set an authentic coworking place:

  • It must generate parallel activities and encourage creativity and collaboration. Working together is not sharing a table, it is about sharing ideas and tasks concurrently.
  • Social networks are the natural continuation of the Network of this work and social experiment. Facebook, Twitter, Linkedin, etc. The Internet is an essential part of these places.
  • Frequent and open spaces, where socialization is necessary, also with visitors and not only for professional matters.
  • Mandatory leisure area- A kitchen or a coffee machine are points of the meeting, talk, and communication.
  • Originality and personality- Different proposals that give added value to each coworking space.

The IT office space in Gurgaon is growing strongly to the point of seeking its place also in small towns and rural areas. In effect, entrepreneurs not only reside in large cities, even more so in these times where returning to the countryside means considerably reducing expenses.

The offer of coworking is diverse, economical, attractive and increasingly extensive. The beginning of a new way of conceiving the work of entrepreneurs and freelancers, and that at the same time can help to boost the rental markets. In short, common offices in which different self-employed and small businesses with limited budgets find a place to develop their activity in a collaborative environment.

Rules For Sharing Spaces in a Business Center

You are about to rent a job in a coworking space. As you know, you will have to work with people you do not necessarily do. This may seem simple, but you have to know how to define and respect specific rules so that the coworking work is done in the best way.

The coworking motto: RESPECT

Respect other coworkers

This is one of the major points of a fully furnished office space in India: it is community of coworkers- perhaps in the same situation as yours. When we know that those with whom we cohabit (or co-work) can be engines for our activities, we understand the importance. From this same community can emanate from business partners, customers, but also work buddies. An office rental experience in coworking is undoubtedly professional but does not detract from the social aspect. It is this same aspect that pushes to socialize and installs a healthy emulation throughout the space.

Respect the availability of places

The logical continuation of the previous point: the respect of the sites! Is not it unpleasant to see a family member (or roommate) monopolize the bathroom at crucial hours in the morning, such as the bathroom or toilet? Well, it’s no distinct when it comes to life in coworking. The renting of a coworking station or office gives right and access to all spaces, rooms, and equipment.

Take care of objects available

Another wake-up call, essential to remember: working in business center in noida is using the goods, tools, and objectives so that other members of the group can reuse them. This includes the printer on which we must not let off steam, to leave the poufs usable, and not to throw the ping pong racket on the table. And since we talk about the toilet to leave clean. It seems obvious and yet it is good to remember.

In coworking, the freedom of everyone stops there or begins that of others

In close connection with the first point, we discussed. We know that coworking involves specific mobility, relative flexibility, a pleasant, friendly and healthyatmosphere. But these are hardly pretexts to endorse everything, including disruptions. The coworking third-place is undoubtedly a hybrid place, between home and work, but remains a place of work. So the noise, the surplus of activities, the lack of respect, politeness, courtesy, promiscuity are all disruptions that have no place in shared spaces, let alone coworking.

Develop your network in the right conditions

Finally, the interest in coworking is more than just a roommate within a shared workspace. It is to fight against professional isolation, to create value in a dynamic space, and to forge a network of high quality. Professionals who can give impetus to your project, or from whom you can have objective feedback on your activity.

You will understand, working in the community is like living in society. Specific standards are to be respected for the proper functioning and the excellent agreement of the work. Use communication and respect for everyone.

Advantages of Renting a Home through a Professional

Whenever you look for a property or a house to rent or take for rent, there are many prejudices about doing it directly with the owner or through third parties. However, many are unaware of the benefits of having a real estate agent as intermediary and companion.

Most people think that it is better to maintain direct contact with the owner of the property, since this means facilitating the deal, saving on paperwork and, why not, reaching a lower rental agreement. However, it will not always be with people indicated to specify this type of business without having any novelty or mishap. Also, the process to make an appointment to see the property can be unsatisfactory, since you depend on the time and availability of the person.

The above is evidenced in the following example: you are interested in a rented property in Delhi, be it housing, office, warehouse, among others, and this is in the city or municipality where you live, while the owner is not in the same place. In this sense, setting a date and time to see the property is difficult, while with real estate services this is not a problem.

By using the services through us, you can have a faster and more effective search and selection process. Also, you will be assured by the permanent support that the company provides you during the completion of the different procedures that must be done so that the signing of the contract is satisfactory.

Among the benefits for the tenant are:

  • Realization of analysis on the rental value of the property concerning market prices.
  • Guidance and professional advice to help you decide which property, within a range of possibilities, is by your needs, budget, and suppositions.
  • The agile process to determine an offer of features according to the characteristics you are looking for.

Benefits of using a professional for the rented property in Noida

  1. Lower prices than the average of the area: Real estate agents ensure that each floor for which your company seeks a tenant has a lower monthly rate than the average price for that area. In this way, the story is more interesting for the tenant, while the owner compensates for it because he knows that in return he is shielded against a non-payment.
  2. Saving time: The future tenant gains time by having a significant amount of offer concentrated in a professional that helps him look for his house. Especially if he is not in the city or if he does not have the time available to search on your own, as one of the advantages that the tenant will find when using a professional.
  3. Ensure that the apartments on offer are in excellent condition: They ensure that your company carefully reviews each floor you manage before renting it to ensure that they meet the habitability criteria, which avoids subsequent surprises for the tenant once the tenant has signed the leasing contract.

Professionalism in the treatment of information: Today, precisely because of the terror of default, both individuals and professionals ask potential tenants all types of personal and employment information: payroll, employment contract or even the declaration of the rent. The tenant is reluctant to deliver this type of data to an individual but will provide the information for a study by a professional, which offers a treatment of information according to the data protection law.

How to Retrieve a Rented Property?

Various reasons are justifying a return of housing by its owner. Personal and legitimate reasons may explain this recovery. However, the restoration of a home by its owner can be a real obstacle course. Thus, it is essential for the homeowner to comply with current regulations and deadlines to recover his property legally. So how to recover rented housing?

The leave to take back rented accommodation concerns the requisition of the dwelling to occupy it or renting it to a relative. The owner can thus recover his housing to settle there permanently, provisionally or to rent it to a relative (spouse, descendant, and partner). He must, for this, notify his tenant six months before the end of the lease. Registered letter with acknowledgment of receipt must send written notification. The owner can also choose to be supported by a bailiff. The latter will forward the information to the tenant.

Leave for sale

Leave for sale may occur when the owner wishes to recover his rented property in Noida from selling it. As for a recovery project, the sale leave must be notified by registered letter with acknowledgment of receipt. The owner must send this mail six months before the end of the lease. The letter must mention the intention to sell and must specify the selling price. The current tenant of the dwelling has a right of priority. This means that if he wants to buy the house and make a proposal, he will have preference over all the other offers (according to his suggestion).

Leave for “serious and legitimate” reasons

The landlord can claim his housing as “serious and legitimate” reasons. The definition of these reasons is left to the appreciation of justice. However, certain acts such as non-payment of rent, non-compliance with the rental contract, undeclared subletting or nuisances in the neighborhood fall directly within this framework. In the event of serious shortcomings, the owner can, therefore, assert the leave for reasons “serious and legitimate” to recover his property.

As an example, there are severe and legitimate reasons:

  • Nonpayment of rent and charges
  • Repeated delays in the payment of rents.
  • Undeclared and unauthorized subletting.
  • Nuisances in the neighborhood.
  • Significant degradation of leased premises
  • Change of destination of the leased premises.

Also, an owner can request his rented properties in Gurgaon to carry out significant renovations or an expansion of the home. If the landlord feels that he has to renovate his property by carrying out heavy work, thus preventing any life in the dwelling, he can put forward the pressing reason for his recovery.

What to do if the tenant refuses?

In some cases, the tenant may refuse the leave, either because he finds it unreasonable or because he has not found another home. In this case, he decides to stay in the dwelling beyond the end of the lease. The owner is then entitled to apply to the magistrate (from the place of residence) to enforce the leave and evict the tenant. It can be removed overnight without further notice. He will have to find another home by his means, in the private or public network.

How to Select a Quality Real Estate Consultant?

Business Centre in Noida

When it comes to selling or purchasing a real estate property, an accurate property evaluation is an absolute imperative. This is particularly important for challenging the cutthroat competition that prevails in the real estate market. A proper appraisal of real estate property helps in realizing the market value of a property be it in the midst of the proper business center in Noida or in the outskirts of Ghaziabad. However, for that one would need a quality real estate appraiser or consultant.

Real Estate Consultants are actually agents who are specialized in finding out an accurate market value of a particular property, particularly in this era of a harsh competition. There are a number of real estate consultants available in the market and this at times poses a trouble for people. Availability of too many options leave them virtually perplexed and opting for the best one from them is frankly speaking, not an easy job. Let us discuss some tried and tested methods of choosing the right real estate consultant from a crowd of a lot.

Accreditation and License

Prior to hiring a real estate consultant, it is important to check the company’s license and find if the consultant in question has the authority to run the business. In case the property in question is in another state, it is important to check if the company has the authority to run business in that state or location. This not only helps in hiring the evaluator, who is licensed to carry out the appraisal process in that state where the property is located.

Educational Background and Training

Before appointing a real estate consultant, their educational background needs to be checked. Besides, one should also check if the consultant has the required training, which an appraiser must undergo for satisfying the requirements of the state where the property in question is located. Quality and eminent consultants possess those professional designations, which are issued by the respective states in the form of certificates. These certificates are a proof of the commitment of the consultant to standard ethics needed for carrying out business.

To earn these certifications and designations, the consultants need to have specific educational backgrounds and experience, which are subject to specific states and areas. Hence, it is necessary to conduct a thorough research on this subject, before hiring a consultant.

Service Area of the consultant

One has to make sure that the consultant in question has specialized in the area where the property is located. For instance, when it comes to purchasing an office space in Nehru Place, a consultant who is accustomed to the area and has enough experience of handling properties in and around that area should come in handy. Someone who has more experience of working in Faridabad or Huda City will not come in handy.

The Experience

Last but not the least the experience of the consultant needs to be taken into account. The job of a consultant is not that easy. Frankly speaking, it takes years of experience, to gain a proper exposure and a hold on the market, and be an able consultant to be in a position to guide customers on a subject as dicey as real estate.