How To Successfully Negotiate Office Rental Conditions?

When you decide to rent an office , you enter into a tenant agreement with the landlord through a rental agreement. This contract includes various provisions, such as rent, the number of square meters of office, a free rental period and other special regulations. Negotiations can always be done on these provisions!

  1. Measure office space before renting

After you have calculated the amount of office space you need, you have found a space that meets this requirement based on (AN), (AT) or (AA). Net area (AM), work area (AT), or leasable area (AA) are just difficult real estate terms that can make it difficult and confusing for you as a tenant. Because, how many square meters of offices are you going to rent now? According to real estate agents in India, the standard for the Measurement of Office Spacesis:

(AN) | The Net Area is the space delimited by a Border Line except the area occupied by all the constructive elements that delimit it or are structural.

(AT) | It is the area of ​​the Net Area on which you can walk or have horizontal support furniture, or elements that belong to a tenant.

(AA) | The Leasable Area will be the area within the outer perimeter of the building’s enclosure, measured at the height of the finished floor, less the area of ​​vertical voids or voids intended for the circulation of elevators or distribution of Facilities.

  1. What is the duration of the lease?

In the past, the minimum duration of a lease was 5 years, the trend now is to rent flexibly. You can make a lot of profit as a tenant at this point in the lease and the length of time. Renting an IT office space in Delhi for a workplace can be for periods of one month. For a larger office, a 1-year period is quite normal.

  1. Take advantage of the freedom of rent negotiation

Many thinks that the established rental price is fixed, but nothing is less certain. The rental price can always be negotiated when the rental conditions are established. Especially when you are going for rented property in Gurgaon, be stronger in the rental negotiations. Take advantage of this opportunity! But savings can go up considerably with smaller office buildings too, so always try to negotiate the right rental price. Often there is room for the owner to decrease. Take advantage of this freedom of negotiation!

  1. Have you chosen for an all-inclusive rental price or are the service costs not included?

In many office concepts there is an all-inclusive rental. But service costs are not always included in the rental price of rented property in Noida. In addition to the basic rent, an amount per m2 per year is charged, among other things, for the use of gas / water / electricity.Therefore, pay attention to the level of service costs. Do the calculation in advance so that they are not a surprise on the final invoice.

  1. Choose the largest rental discount possible

An important point of negotiation is to get a discount on the office rent. During negotiations, try to get a discount on rented properties in Noida.
The free rental period does not always occur in practice, certainly not when there is a flexible lease term. For this reason, options such as a rent discount or progressive rent are also used. An office rental discount means that you rent the first or first months with a certain percentage discount. Progressive rent means that the rental price is increased multiple times by a specified number of times.

Start by negotiating the office rental conditions

5 Practical Tips To Rent Safely In Summer With Real Estate Agents

Dive into the beauty of historical monuments, breathe the fresh air or discover new culture; in summer, working people want to disconnect, live new experiences and forget the worries of the year. Enjoy the destination with ease, without having to think about anything else. It is increasingly common to choose private apartments or houses to rent on your days off, since they are often cheaper, and also offer more space and privacy.

Unfortunately, not everything is rosy when yougo for rented property in Delhi. Sometimes problems arise, capable of making your summer bitter. That is why, here are five practical tips when you choose rented property in Gurgaon. Let’s go there!real estate agents in India

  1. Contact the landlord personally or hire property dealers in Delhi

When renting a home, you should not be left with any doubts. Contact the landlord directly, either by phone or by call. It is essential to know who is the real owner of the house. It should not be forgotten that many tourist accommodations are illegally re-rented.Another convenient option is to contact property dealers in Delhi, they will provide you perfect location for your holidays without any stress of illegal re-renting.

  1. Verify that the location of the rented property is real

The location of the house is something that one usually takes into account while travelling, especially to modern cities. To avoid disappointment upon arrival, check beforehand that the location of the house you have booked corresponds to reality. Or, you can hire real estate agents in Noida, to get rented property in Noida in a hassle-free manner. These agents are genuine, as they provide legal agreement before offering any apartment for sale in Gurgaon or Noida to the tourists.

  1. Be very careful with expenses not included

Expenses not included may mean another added headache. So, it is important that you do not pay the entire amount of the rent until you are in the accommodation, as it may be different from what you expected. In addition, at the time of contracting it must be clear that the price includes all expenses. If not, you should ask the landlord to clearly specify what that amount corresponds to.Seek guidance from real estate agents in Gurgaon before signing any legal document of the rented property in Delhi.

  1. Photograph all the rooms in the house

As soon as you arrive at the accommodation, photograph in detail all the rooms in the house to record the state of the rented properties in Noida. In this way you will not have problems with damage. If you can, send them to the landlord from your mobile phone at the same time to have clear proof of when you took the photos.

  1. Find out about your rights and obligations as a guest

Before traveling, it is important to know about your rights and obligations as a guest. You can do it through a consumer association or your lawyer, in order to be clear about the clauses of the contract and detect if any abuse occurs.

How To Make The Best Choices When It Comes To Student Rentals?

After high school, the most common and certainly valid choice for a student is to continue his studies by enrolling in the University that best introduces him to the world of work.

Very often the choice falls on a university far from home, as the most important, renowned and interesting universities are located in large urban centres. For a provincial boy, now is the time to leave home and start living with other peers in a new apartment near the university.

But it is clear that the main difficulty is finding an apartment that can best meet both its space requirements and financial resources. In any case, the important thing is to make informed decisions based on the information collected.

Knowing the rights and duties of the student who has to live away from home for several months is important for making informed decisions. When it comes to living in a new home, it is good to know all the costs to be incurred, all the advantages and qualities of the chosen apartment, all the clauses provided for in the contract.

In this way, there will be no surprises for both the tenant and the parents, in case they have to bear the child’s housing costs.

By relying on specialized agencies for rented property in Noida, you can be sure of complete and punctual service in selecting the apartments that best suit your specific needs.

By renting a house to students, you can ask for a higher rent

In principle, the prices for renting an apartment to families do not go beyond a certain level: whether it is the average income in free fall for years or other factors, the fact is that an average family cannot afford to pay a rental fee above a certain level.

If you rent a house to students, you can choose to lease each room at prices that oscillate around half the rent that a family is able to pay. So your apartment makes double. Or even triple, if you have an apartment with many rooms.

Lease contracts for students have a shorter duration

The minimum duration of a student lease is only 6 months, while the maximum duration is 36 months. This means that:

  • You can choose to enter into the contract for short periods
  • If you suddenly need your apartment, you won’t have to wait too long to use it

Furthermore, university students move house much more often than other tenants, so if you cannot establish a relationship of trust with one of your tenants, or even if the tenant is not punctual in payments, finding a new tenant does not pose particular problems.

Students are tenants with a very low risk of late payment

This is an obvious fact: generally, the rent for a rented property in Gurgaon to students is paid by the parents. So students present a very minimal risk of default. In fact, anyone who is unable to keep a student in another city simply does not get involved in a lease that he knows he cannot pay.

Why Buy A Bare Property And How It Works?

The bare ownership is a very interesting sale mode. There can be many, in fact, buyers who want a first home or a property to be exploited later.

Most of the bare-rented property in Gurgaon sales are carried out to find liquidity and therefore to ensure a certain standard of living, or to meet the needs related to the passing of the years or to support children in purchasing the house.

But what exactly is bare ownership? What are the advantages for the seller and the buyer? We will try to answer these questions in this article.

What is bare ownership?

When we speak of “bare ownership” we refer to a particular way in which the owner of the property, usually an elderly person and without heirs, decides to sell his house with the condition of being able to live there until his death.

Selling the bare home property, therefore, allows the owners to have the liquidity deriving from the sale of the property while continuing to live in the apartment for the rest of their life; those who want to invest in the “brick” can, for their part, buy properties at prices lower than the market ones in relation to the age of the seller.

In fact, the sale price of a bare property is very advantageous for the buyer who, in turn, will come into possession of the property on an indefinite date.

Advantages for the seller

It is easy to guess that the seller can only gain advantages from bare ownership. In fact, he will continue to live in the home and will be able to enjoy the right of usufruct for life, immediately having the liquidity deriving from the sale of his home.

Advantages for the buyer

Even the buyer can enjoy significant benefits from purchasing bare home ownership. In fact, it will be able to buy the property at a much lower purchase price than a new or building to be built: the discount can go up to 50% compared to the market price.

Tips for buying a home in bare ownership

If you have decided to buy a home in bare ownership, there are some aspects that you will need to keep in mind.

First, the evaluation of the property: it is important to rely on professionals in order to obtain a correct evaluation of the sale price of the house.

Another aspect to be evaluated well is the age of the seller: the value of a rented property in Noida in bare ownership changes according to the life expectancy of the seller, as well as the future usufructuary, since the duration of the contract statistically depends on it.

Therefore, the value of a bare ownership property varies according to the age of the seller. If the seller belongs to the age group 45-50 years, the percentage discount with respect to the market value will be approximately 75%, while if the seller falls within the last age groups the discount for the buyer is reduced between 25% and 10% if the owner is over 80 years old.

Storage for rent in Delhi

Nowadays, everyone may need a warehouse. In some cases, for people who want to temporarily store their belongings, sector studies on this issue are a real opportunity. As a result of the necessity and work done for the change of work or interruption of work, the storage of office goods or some materials in the workplace in a certain warehouse is indeed an important requirement. Our company has a tremendous performance, and together with its infrastructure, it truly represents the potential to meet your needs. The most important thing is that we have a good opportunity for you to really choose us to take a warehouse for rent in Delhi.

For people who do not want to spend time with their belongings and do not want to use force, our company is like a cut-out. In addition to our expert staff and high-quality vehicles, the wide range of opportunities we have provided in the field brings our company to a privileged place. For whatever reason, instead of throwing or selling your belongings, you can treat them with an affordable warehouse. Items that you will receive safely when you need them can give you a real financial opportunity.

Goods are a part of life and always have a very important place in the necessity of people. The options that make life easier and make life liveable continue to help people with their electric models and sometimes with electronic models. Recently, reliable warehouse work has been carried out to protect your needs. You can store your belongings, which seem to be redundant and cannot find space, with reliable storage for a very long time.

The method of storing rental goods prepared for you in this regard will again contribute to you at the point of satisfaction. With the opportunity and advantages, you have the opportunity to evaluate all kinds of goods together with this warehouse service. The infrastructure is very bright and with the useful structure of the warehouses that are in the foreground, are offered as a service to customers for rent. To take advantage of this opportunity, you should take advantage of the right address.

Storage Options for Rent

Options, opportunities, and innovation advantages continue to give you a lot to rent. At the point of qualified and high-quality service under the most reasonable conditions, the expectations of our valued customers have really gained great importance here. Attractive advantageous options of rented property in Noida, together with the storage technology of the goods, provide support for the goods to benefit from the spaces in a safer way.

There are many important and attractive works prepared here for storage and alternatives to rental goods. In the first place, you will be able to see the attractive side of the product and service options that are reflected you for customer satisfaction.

Rental Storage Options and Prices

In order to take advantage of the very attractive and advantageous opportunities, it is enough to review and properly evaluate the rental storage options you encounter. The options that provide advantages for many customers will continue to offer you new opportunities, especially in these and similar issues.

The Role of Empathy in Real Estate Brokerage

It will have happened to you, as part of your profession as a real estate agent, to come across a particularly hostile person. This leads to a series of consequences. Not least, it can have an impact on the relationship with customers. How can a conflict be prevented in these circumstances?

In the field of real estate brokerage, developing a good understanding and communication skills can really make a difference.

The core business of the real estate agents in Delhi is built on human relationships, between colleagues or with customers. Social capital is the basis of commercial activity, and it all starts with interpersonal relationships.

From the first appointment, a dialogue is established, a contact with another person who has specific needs and methods, often different from ours. But entering immediately into empathy with those we face, this can facilitate the relationship and be decisive in the success of a negotiation or a collaboration.

Real Estate agent

What does it imply, in practice, to be empathetic?

We can summarize the concept of empathy in the following points:

  • Listen and understand the needs and needs of the person;
  • Communicate effectively and without bullying the other;
  • Be open to finding solutions that can be satisfying for everyone.

Referring to the real estate reality, the human relationship is necessarily involved. This includes both the relationship between colleagues and between agents and customers.

Listening and understanding imply knowing how to prepare yourself for collaboration with those who are in front of you, excluding any emotional and personal attitude (sympathy, antipathy) and avoiding hiding behind your needs, points of view or moral judgments. This is enough, at times, to prevent misunderstandings that could lead to conflicts.

  • Communication plays an essential role: using a language understandable to your interlocutor allows you to connect.
  • Flexibility and adaptation are the key to opening a constructive relationship.
  • In the commercial, empathy is the ingredient that cannot miss such a good seller because you can build a beneficial relationship for all parties involved.

The advantages of being empathic

All these factors contribute to creating productive and lasting relationships and help prevent conflict situations. The positive aspects can be found in different areas.

One example is the fact that many customers prefer to buy products or services from companies that they perceive as ’empathetic’ through marketing actions aimed at emphasizing attention to consumer needs.

Is there still reason to consider hiring a real estate agent in 2019?

Now, what can a real estate agents in Noida do that you could not do yourself in 2019? The broker still has several strings to his bow and can be an indispensable ally. The problem is that there are still too many ostrich brokers who do not want to adapt to the information age. We are in a period of transition, society has never evolved so quickly, and sometimes it can be hard to follow.

 real estate agents in Noida

The real problem is that some brokers continue to live in the past! Most industries are currently facing this reality. Technology changes everything! We understand that it’s very hard to change when you have been working the same way for 30 years.

In conclusion, training in being empathetic improves relationships and increases productivity.

This Is What You Should Know Before Renting A Commercial Space

Unless you dedicate yourself to your business from the garage of your house in the style of Steve Jobs, you will need a commercial space for your business. That shop will tell you a lot about you and the company, it is one of the first letters of introduction, and there are several aspects that you should consider before proceeding with the Rental of office space in Nehru Place.

office-space

Tips for renting a commercial space

Can I put my business here?

Make sure the activity you want is allowed in the area of your city where you are going to locate it.

The place where a property is located is fundamental and can become a reason for its success or failure. It is necessary to value aspects as if it is a sunny street or its geographical orientation. Analyze pedestrian and road traffic, location of traffic lights, vehicle flow, and similar variables. It is vital to analyze the environment or type of businesses around, types of existing brands, accessibility, neighbors (offices or homes), public transport, etc.

Do you have a municipal license?

It is necessary to value the fact that the establishment has or not with a license of opening and municipal activity. Always keep in mind their adaptation to the requirements for the type of business to be developed and find out these necessities before starting the search.

What will be the future performance?

It is essential to study the expectations of rental office space in Connaught place, depending on whether the investment is of short or long term. The prime and commercial axes are those that offer the highest performance today.

Access steps:

You should check if you have any steps in the entrance because if you have it, you will need to be able to save it with a ramp. In some situations, it is not easy to do it, since it may be necessary to invade the sidewalk or if the step is high, it may be necessary to lose a lot of local areas to meet the required slopes.

Width of the interior access and passage doors:

If you do not intend to change the access door to the premises, you should check that it is wide enough to allow access for people with disabilities. Different circumstances determine the width you need but check that it is at least 80 centimeters wide. In some cases, it will have to be bigger, but that’s what the technician will tell you.

Office Space in Saket

Height of the premises:

Some premises in old buildings may have height problems. The municipalities require minimum heights in the premises to be able to authorize their use for business, so if the place they offer has low ceilings, check the minimum of your area before launching to confirm the rent.

Electrical installation:

Relying on the type of business you want to install, it may be necessary to adapt the electrical wiring.

Evacuation distance:

You may need rented property in Noida that is large, with many square meters to develop your activity, but the local form factor can condition you to have to make significant investments to comply with fire regulations. To summarize and not get bored with normative technicalities, that’s what the technicians are for; you should check if the location is deeper than 25 meters to the entrance door.

Rent A House: What To Pay Attention To

A lease implies the relationship between two parties: on one side the owner, on the other the tenant. Both must protect their interests and protect themselves from unpleasant surprises, but at the same time honor their duties.

So let’s see what things to pay attention to when renting a property.

Advice for owners

On the part of the owner there is always, understandably, the fear of putting someone in the house who then does not pay and therefore it is legitimate to choose one’s tenant carefully, considering the long times that would then be met with an eviction procedure.

On the other hand, the weight of taxes on a vacant property is rather onerous, so that it is not at all convenient to keep an empty apartment.

To this end, therefore, it is permissible to inform oneself of the working stability of the prospective tenant, asking him for a copy of his last pay slip or income tax return, and thus guarantee a certain security of payment.

Another trick is to request a bank guarantee. In this way, in the case of insolvency of the tenant, the owner will be able to turn to the bank to collect the arrears. This is the so-called “first request” guarantee. It is important that the guarantee includes this clause because otherwise, it will not be possible to collect the credit before the bank has collected it from the debtor.

Advice for tenants

But even the tenant of rented property in Noida must be careful to take care of his interests.

First of all, it must be said that the economic crisis has increased the number of Italians looking for a house for rent, given the difficulty in accessing the property.

Those looking for a home should be careful when the proposed rent is too low compared to the average in the area, so it is advisable to do a little market research about it.

During the visit to the building, it is necessary to check the functioning of the systems and also check the taps, shutters, and other mechanisms.

It is also necessary to check the correspondence between the declared square meters and the real ones, as well as the correspondence between the cadastral category and the intended use of the building.

Once you have found the property, you absolutely must not pay any rent before signing the contract.

At the time of stipulation, you must always obtain a receipt of the deposit paid (for which the law provides for a maximum of 3 months). Otherwise, you risk not receiving it back when the property is released.

This deposit, among other things, must also be returned with interest accrued over the years, which will not be a large sum but is due.

The inventory put in writing above, together with any photos taken at the time of entry, can also be used by the tenant himself, to avoid the unjust request for maintenance costs not due.

Indeed, when leaving the house, it is a good idea to write a release report, which describes the conditions of the property. Once signed by the owner, it can no longer be contested.

Finally, as soon as the tenant takes possession of the rented property in Delhi, it is necessary to transfer the utilities as soon as possible, because the new tenant cannot be in any way responsible for any debts of the previous tenant.

Office rentals: how to keep your tenants

Lease term, amount of rent and charges, security deposit. Here’s what you need to know before signing a commercial lease contract to treat the landlord as an equal and avoid pitfalls.

Banking on a well-appointed workspace

The future tenant must feel comfortable at his workplace, he will stay here for hours or even days and may even become a regular tenant. Therefore, the layout of the workspace is important. This will allow combining appeal for the place and practicality.

The furniture of an office should be thought of and placed inadequacy with the surface of the room. It’s hard to imagine a room with too much furniture or a desk that takes up more than half the surface.

Improve decoration

What’s better than an empty and austere office to scare away a potential tenant?

A good photo is not enough to rent an office space in sector 44 Gurgaon, space must be well decorated to support the interest of your workspace. No need for a big investment for the decoration to make its effect.

Then, favor a sober and light decoration. We think of a few frames on the walls, lamps chosen with care, decorative furniture etc. Plants bring life to an empty place while adding a touch of color.

office space in gurgaon

Work the ad

Simple sentences, punctuated and, of course, without fault are the allies of a quality announcement.

Then, work your text, it must be simple, clear and put forward the advantages of your office. Show that the latter has a real plus that others do not have. You can put it forward by indicating the public transport nearby or the shops accessible around for a lunch break.

Bear in mind that the tenant of rented property in Noida must be able to project themselves into the good that you propose.

The original rent

Initially, the rent of a commercial lease is free, the owner is not held by the rent of the previous tenant or by reference rents. Therefore, it will be up to the tenant to negotiate the price with the lessor.

Of course, if the amount of the initial rent is free, it normally depends on several elements: the location, the surface, the standing of the premises or the building, the layouts, the nature and the number of businesses authorized by the lease and the existence or absence of a no-fee to pay.

Attention to loads

The status of commercial leases does not establish a list of recoverable expenses by the landlord: it is, therefore, the lease itself that defines or not the charges that the tenant must pay or pay back to the landlord.

To be able to sublet or change of activity

The subletting of a commercial lease is in principle prohibited, but nothing prevents the tenant to negotiate at the signing a clause authorizing subletting. Be careful then: even, in this case, the landlord may require the approval of the sub-tenant. In addition, if the rent of the sublease is greater, per square meter, than that of the main tenancy, the landlord may require a proportional increase in the rent. Attention also to the irregular subletting: it can justify the cancellation of the lease.

How Does The Subletting Work?

What should a homeowner do? What documents do you need to sublease a house or a room?

These are just some of the most frequently asked questions when we talk about subletting a property. There is still a lot of confusion about it, and it is often thought that it is an illegal practice or at least not allowed.

So we try to do some clarity, and answer these and other questions!

What do you mean by “subletting”?

We talk about subletting (or sublease) when the tenant (stipulates with a third party a lease for an apartment or room, whose rent is in his name. It is, therefore, a contract completely independent of what the tenant has stipulated with the owner of the rented property in Noida, and which nevertheless maintains its effects unaltered. It can, therefore, be said that this new contract of the sublease, is going to “overlap” to that already existing tenant between tenant and owner.

rented property in Noida

Should the sublocation have a precise duration?

The law does not establish parameters and does not give any indication about it. The sure thing is that the subletting cannot last longer than the original lease.

It must also be kept in mind that if the third party to whom the property has been subleased decides not to leave, the tenant will have to deal with it. Also executively. Otherwise, it will also have to compensate the damages for the return of the property in delay, compared to the time established by contract.

How do you practically activate a sublet?

Here are all the steps you need to take to start a sublet:

Communication to the owner: a registered letter must be sent to the tenant indicating the data of the third party (sub-conductor), the duration that will have the sublease, and the number of rooms given in sublease.

If communication is not sent to the partial sublease landlord, the latter cannot interrupt the lease contract (termination of the lease) that he has with the tenant. You can do it only if there is an explicit termination clause in the rental contract.

If instead, it is a matter of total sublease, being expressly prohibited by the Law as we have seen above, the landlord may request immediate exit from the property by the tenant, and the sub-tenant.

The income deriving from sublease is equal to the difference between the amount collected as a sub-lender during the year and the specifically related expenses, such as the rent paid to the owner of the apartment.

The different types of lease

There are different types of leases that vary depending on factors such as the duration, the amount or particular needs of the tenant.

The law establishes the principles to which the subjects must abide in the formulation of the contract and identifies specific models to choose from according to their needs.

The main types of leases are:

  • Free rent;
  • With an assisted or agreed fee ;
  • For temporary use;
  • For university students.

The free rent contract is entirely the most used for rented property in Gurgaon; has as its primary feature consideration to be paid which is freely determined by the parties.

Not all buildings may be subject to this type of contract; they are excluded: housing for housing, holiday homes, buildings of limited value and those that do not constitute housing as garages.