Tag Archives: office spaces in Gurgaon

Factors That Help to Calculate the Amount of Office Space Required

Posted on December 18, 2014 by

For people willing to kick-start their business, there can be nothing better than choosing an office space in Delhi NCR. Selecting an office space in an appropriate location is of importance, but along with this, choosing the right amount of space is equally important. Let us have a look at the factors that must be kept in mind to calculate the amount of office space required.

amount for office space

Nature of your business: No one understands your business needs better than you. You are the best person to understand the nature and functioning of your business. Take an idea of the amount of space that you will be requiring to carry out the business functions smoothly and while looking for an office space, make sure you keep this parameter in mind. There is a huge availability of office spaces in Gurgaon and you can easily search one according to your requirements.

Number of employees working: Another factor that can help you decide the amount of space that you would be requiring, is the number of employees. Your office space must be large enough to accommodate all the employees. Not only this, there must be some extra space too, so that the employees can move around freely. If your company is a start-up and you have less number of employees, there is no need to choose a very large office space. In the same manner, if you have a huge number of employees, make sure you do not choose a small office space.

Number of Equipment: To run a business efficiently and smoothly, you will be needing certain equipment. Make sure that while selecting an office space, you keep in mind the space that will be required to accommodate these equipment. Many people miss out on this factor while selecting an office space and when it’s time to place these equipment, the space becomes less.

Need for private/shared office space: Depending on your requirements, you must decide whether you need a private office or a shared office. Also, make sure that whether you choose a private office space or a shared office space, you choose the area according to your requirements. There is an availability of various office spaces in NH 8 Gurgaon. Also if looking for pocket friendly options, office spaces in Sector 83 Gurgaon are a good choice.

By keeping the above mentioned estimates in mind, you can choose an ideal office space and run your business smoothly.

A Glance at the Types of Commercial Property

Posted on November 29, 2014 by

When we talk about real estate, there are two common terms that are used- residential property and commercial property. To make understanding easy, it is often said that the property that is not for residential purpose, can be classified as commercial property. If you think that only office spaces can be categorized as commercial property, then it’s time to get your facts right! Office spaces, warehouses, retails centers, hotels and resorts are all a part of commercial property.

If you are looking for a commercial property for rent or are willing to invest in a commercial property, there can be no better location than Gurgaon. Office spaces, retail spaces or hotels- whatever your choice may be, the location is ideal for each one. Let us have a look at the various commercial property options available.

commercial property

Office space and warehouses: If you are planning to invest in an office space in Delhi NCR, you have made a great choice as you can buy and rent the property and enjoy maximum returns on the property. Also, investing in a warehouse is a good choice as both office spaces and warehouses generally have triple net leases. This means that your tenant will be responsible for paying the rent, maintaining and repairing the building, insuring the property and paying the taxes of the real estate. As a matter of investment, nothing can be better than this option.

Commercial retail space: Retail spaces comprise of malls and shopping centers. Investing in a commercial retail property too is a great choice as these can also be rented out on triple net lease. The taxes and expenses generally rise and as a investor, you too will receive a higher rent. Commercial retail property can further be divided into strip center, power center, community retail center and regional mall.

Hotels and resorts: Hotels and resorts also come under commercial property. The hotel can be full service hotel, extended stay hotel or limiter service hotel. However, if you are a first time investor, investing in this type of commercial property might be a risky decision as you may or might not earn profit.

Once decided to invest in a commercial property, make sure you consider the above mentioned options and only then make a decision.

Gurgaon: The Most Desired Destination for Real Estate

Posted on October 12, 2014 by

Gurgaon real estate has experienced constant growth in the last couple of decades. Some of the top real estate companies in India have invested in Gurgaon, triggering a demand for real estate in the city. From residential, to commercial, to retail, Gurgaon has undergone remarkable levels of development. Real estate companies in Gurgaon have redefined architectural excellence with new age construction and a modern skyline.

Gurgaon

Reasons for Increase in Real Estate Investment in Gurgaon

Gurgaon is highly feasible for property development because of the establishment of top MNC’s and IT companies in the city. Its realty market generates high demand because of the office spaces in Gurgaon, along with its residential and retail structures.

Another reason which works in the favor of real estate companies in Gurgaon is that it is in close vicinity to the airport, as well as the national capital of India, New Delhi. There are a number of modern housing complexes and planned residential areas which are encouraging buyers to choose Gurgaon as their permanent residential address. Luxurious bungalows, condominiums and plush apartments make Gurgaon a posh address. Real estate companies in Gurgaon want to reap the benefit of this substantial growth.

Property rates in Gurgaon have increased a lot over the past few years. Gurgaon’s world class infrastructure has placed it among the best cities of the country. An eight lane national highway and Delhi Metro have added to the glory. It is a metropolitan city equipped with all the hi-tech amenities of the modern world. This makes it a good corporate destination, with amazing office spaces in Delhi/NCR. Most multinationals have found the perfect city to have their head office and branch office. The city has now become the commercial hub of the country.

Development of various schools, colleges and professional institutions have turned Gurgaon into a city which provides ample educational opportunities. Good transport facility connects the city well with the neighboring states, as well as the national capital.

The city has enhanced its position as being a world-class real estate destination. Its connectivity as well as state-of-the-art office spaces, give Gurgaon an edge over other cities.

Mistakes to Avoid While Making a Commercial Property Investment

Posted on September 5, 2014 by

When we think of investments, there can be nothing better than investing in a property, and if you are thinking of an investment property with returns, you should always opt for a commercial property. Gurgaon, the millennium city, has developed tremendously in the recent years and there is an availability of various office spaces in Gurgaon. If you too are thinking of investing in a commercial property, you can consider choosing Gurgaon as your location.

Mistake you should avoid in property investment

Many of us know that is a wise decision to invest in a commercial property, but only a few of us are aware of the mistakes that we make while making a commercial property investment. Let us have a look at a few mistakes that one should avoid while investing in a commercial property.

  • Going Wrong in Analyzing the Market Trend: This is one of the biggest mistakes that a property buyer can make. Analyzing the market trend is of utmost importance, specially in cases of commercial property investment. Keep an eye on the ongoing trend and assess whether the time is right or not to invest in the commercial property. The small mistake of not analyzing the market trend can prove to be heavy on the pockets.
  • Not Checking the Property Details: Whether you are buying the commercial property or are considering the option of taking the commercial property for rent, do not go by the outer appearance of the building. It is always important to check the property from inside. Before paying the money, look for any damages or problems that need to be rectified. Apart from the infrastructure, also keep a check on the taxes that you are paying. Make sure that the taxes are of the current rate.
  • Not Analyzing the Budget Properly: Before making an investment in a property, you should assess whether it is suiting your pocket or not. This budget includes the taxes, title work and approximate cost that will incur in repairs, to name but a few. If this cost sums up to more than your income, it is unreasonable to invest in such a property. Also, if you are willing to rent out your commercial property, take an idea of the general time taken in renting out the property in that location.
  • Putting Excessive Money in the Property: It has been generally observed that people borrow money from banks when they plan to invest in a property. Make sure you not put in too much money in buying the property. Always remember that you will have to return the money and that too with interest. The initial years might not be extremely beneficial, but you will have to pay your bank on time. This might be a little heavy on the pockets, thus it is advised that too much money should not be put in a property.

By keeping the above mentioned points in mind, you can avoid making mistakes while investing in a commercial property.