Tips of Finding and Finalize Short Term Commercial Leases at Bangalore

How to Finalize Short term office space

As the trends of recent economy suggests, long term office space commitments are not business-savvy. Due to this reason, many businesses comprising of small, mid and large size are heading towards short term leases which is a more economical way to get along with their business. Usually, commercial spaces are rented by companies to serve as temporary, manufacturing plants, production area and some rent a proper office setup for new business ventures.

If you are looking for an Short term space then Contact Find Space Consultants at Bangalore who can help you to find a good space. Nevertheless, the cause and purpose for renting should be taken into consideration beforehand.

There are several advantages of short term commercial leases. You should go through the article to fetch some of the valuable tips which will assist you in finding and finalising a short term lease.

• Look for lower initial investment
Short term leasing generally means high monthly rent but low initial investment. Start up companies should look for an office space where they can grow and shift to a bigger and permanent office when they are fully established.

• Very clearly mention the tenure of contract

Short term lease can be any time frame between 3 months to 10 years. Thus, you should very clearly find out and interpret the clauses mentioned in the lease regarding the duration of contract. If you need the office space for nine or ten years, better you go for long term commercial property agreement in order to cut off the huge monthly rents.

• Go for furnished offices

Go downs do not require any furnishing as such except the safety and security measures. But if you are looking to set up an office for short period of time, it is better to go for furnished space. There are numerous rental office spaces which have been already furnished with basic and advance amenities. We have well planned commercial furnished cheap offices at Whitefield which are fully furnished reach us now for a site visit. Additional charges will be levied for this added benefit, but you will figure out that it is much profitable in case of short term leases, as you cut off the expenses of transportation, relocation and packaging.

• Look for easy renewal schemes

Easy renewal schemes will help the company to extend the tenure of stay, if the place has been favourable to the office. The renewal agreement between tenant and landlord must be transparent and backed by standard legal proceedings.

• Allure landlords to get profitable transaction

 When you come across just the right place, size and location to set up your office, you can negotiate with the property owner. Allure the property owner by instantly paying the deposit and advance rent for two – three months. Also, show your interest to shift in the place immediately. Any landlord could hardly resist such lucrative offer.

• Look for a place in close proximity to other offers

While embarking on short term office space, make sure there are other profitable offers in the neighbouring places. Close proximity to other available rental spaces and property consultants will help you to shift your office swiftly, within short span of time.

Advantages for Having an Office in Business centers at Bangalore

Top Reasons why you should set up your office in prime business hub at Bangalore

Be it a service providing company or retail business, a good location plays an important role in the success of the business. Promoting business, escalating revenue and greater market exposure can be done with ease if you set up your office in a prime location or busy business centre. It is obvious that in some cases the cost of leasing and renting is more in business centers than in suburbs. We are a commercial real estate based at Bangalore we have cheap furnished Office spaces which when looked form a greater perspective and broader parameters, the advantages of having an office in prime business hub can overshadow the extra costs.

Therefore, an office needs to be located in a strategic place to fetch superior outcome. Below mentioned are some of the benefits that companies may get once they set up their offices in prominent business centers.

Enjoy visibility and experience  good traffic

Out of sight is out of mind. The physical address of your office must be present in front of everyone’s eye fetch attention. Besides, host of connections, roads and transports have made convenience easy for customers, office suppliers and employees.

A reputed place attracts flocks of people

‘What’s in a name’ is an old cliché which is no more relevant in present society. Nowadays, if your name is popular, you can sell almost anything. Very likely, a reputed commercial plug and play furnished office at Indirangar address will build up trust and confidence among people to work for the company or to experience their services or products. Unless your business is about amusement and recreation, fabricating office in a remote locale won’t walk the talk.

Easy access from residential sectors

Prominent locations and major business hubs have easy access to housing sectors. Surveys have revealed that less time and distance between jobsite and one’s house is directly proportional to better performance from the employees.

Host of financial centers and banks

Situation may arise when a company requires urgent financial support and legal aid from financial advisers and banking professionals, especially when it is in its introductory phase. A major business hub is stuffed with such organisations.

Equal immediacy to suppliers 

The charge of setting up an office in remote locale can be huge as the office supplies require safe transportation. But being in close proximity to suppliers, you can readily get the materials at much less prices.

Long listings of office spaces for rent and lease

Major locations offer multiple options to rent and lease office spaces. Brokers can help small businesses find short term lease powered by best deals.

Technological boom

Uninterrupted Internet, electricity, water supply, telecom facility and host of modern amenities can be experienced in a business center.

Huge foot traffic cuts introductory promotional costs

Busy business zone is stuffed with significant amount of foot traffic comprising of employers, employee from other companies, customers, interviewees, etc. Experiment with different promotional approaches (like announcements and sign ups) upon this ready-made customer base and attract them.

The current Office space absorption in Bangalore is one the best in the country

Bangalore – One of the Asia’s hot office-space locations

Very recently, a headline has grabbed everyone’s attention, i.e. Bangalore is predicted to witness the second highest demand for being the city with 6.3 million sq feet office space absorption in Asia Pacific region, this year. This report was brought under public’s eye by reputed and global property consultant - Find Space Consultants.

Tokyo is expected to seize the 1st rank in 2014 by witnessing 7.6 million sq feet office space absorption, according to the report. Among 30 cities, Manila is crowned the third position by having 6 million sq feet office space demand. Another city from India, i.e. its capital has taken the 6th position with estimated 3.7 million sq feet office space absorption at Bangalore which turned out to be the hub of advance technology industries and in the mid 90s, when other states have merely developed; this city seized the limelight by nesting greatest number of IT companies in India.

 The Silicon Valley of India has relative advantages in the IT/ITES sector which is due to the presence of various factors likee

• high education facilities and skilled work force
• favorable state government policies
• accessibility to research laboratories
• foreign investors’ eye on the place

This article aims to find out the reasons for Bangalore’s being in the global news for its immense development in office sector.

Present scenario: Worldwide economic scenario has greatly affected IT/ITES industry, which has resulted in to the overall growth of particular sector in demand for Plug n Play offices in India. Dollar to rupee exchange rate has become more favorable and global economic picture has also enhanced. This will lead to increasing exports of Information Technology services from India. As a result, IT companies are expected to expand. Since, maximum numbers of IT companies are located in Bangalore; it will give a boost to office space absorption. The growth is estimated to be 16% more than previous year.
     
Balance distribution of office locations: Already stuffed office locations like Electronic City, Central Business District, Indira Nagar and Offices at Koramangala are facing congestion, heavy traffic and mismanagement due to over demand offices. But still Bangalore has continued to be the hot spot with its perfect extension plans and plot allocations in the suburban locations like Outer ring Road belt, Whitefield etc.

Increased interest of startups: Globalisation and urban restructuring has welcomed huge networks of engineers, techie minds with international work experience, tech savvy customers and rocketing pool of fund providing companies like SAIF, Light speed, Canaan Partners etc. As there are many investment, fund providing companies and favourable government policies, approval of start up funds is easy. The start up companies find it easy to follow the success track of mentors which are globally reckoned firms. New ventures can easily pick up experienced employees from the huge reservoir. Besides, it has already become the brand ambassador of cutting edge technology. These factors are renovating the city into a global start up centre.

Purchasing plug and play office in right location for good results

The rising demand of office spaces in the IT sector of India, Bangalore

Are you wondering the best area for setting up your business? Are you looking for an area to purchase a new office space? Well, then how about purchasing an office area in Bangalore? This city is one of the well-known business hubs in India and is famous for its office in bangalore IT sector. It is one of the major economic contributors in India. In fact, it can prove to be the best area for flourishing and expansion of your business. The city of Bangalore ranks first in housing international business organizations and corporate firms. Purchasing an office space requires huge finance and it is not a child’s play. There are lots of factors that one needs to take into consideration while purchasing an office area.

Initially, you need to understand your requirements. Apart from that, you also need to determine the entire work area which you need for conducting the business operations. In case you choose a small office and hire a huge workforce to accomplish the tasks, Furnished offices have become quite popular nowadays because they are equipped with all the modern facilities. If you are also planning to purchase one such office space, then it is suggested that you check out for the modern facilities which include conference room, lunch room, seating arrangements for employees, bathrooms, etc.

then it can put a negative impact. On the other hand, if you choose a huge office area that is far more from the actual work space that you need for functioning, then it is just a waste of money.

Checking quality of furniture and other office materials  

You need to take care of the seating arrangements on the basis of the size of your company. You can choose from the various options available like cubicles, cabin, bubble etc. If you need to often discuss projects with your employees or interact with them, then it is better to go for a cabin style. Are you worried because you have a small budget in hand? Well, there is nothing to worry about it because you can easily come across commercial spaces at cheap prices. In case you are planning for a small business, then it is suggested to not to waste money by opting for a huge elaborated office space in koramangala area. If you search thoroughly, then you will easily come across small office spaces within limited budget.

Now the question of finding a suitable office area becomes the main question, especially in a city like Bangalore. Finding office spaces in Bangalore is not an easy task. You need to find a suitable area so that your employees can accommodate comfortably. In fact, the environment also plays an important role in increasing the work productivity and success of your business. The price for per square varies from one builder to another. Research the market carefully to ensure that you strike a profitable deal. Furnished offices can prove to be more economical and convenient. You can start your work no sooner you purchase them.

Many factors come into play when buying an office space

Purchase an office space in Bangalore to expand your running business

Bangalore is known to be one of the metropolitan cities in the whole Asia that is recently facing spontaneous growth. For all IT and hi-tech industries, Bangalore is the best choice. The IT sector for commercial space in Bangalore is presently experiencing a huge boom, which is the main reason behind the office space emergence in this city. When it comes to starting a new business, then individuals need to faces several challenges and problems. Among all of them, finding an office space is the most difficult task. The question is how to find the best office area for your new business?

You must have seen successful cottage businesses that find it difficult to expand and flourish beyond a certain stage within the home or a successful business that needs to purchase a new office space for further expansion. No matter whether you need an office area for constructing a new office space or expanding the niche of your running firm, finding a suitable commercial space is really a tough job. When you are looking for an office space in Bangalore then it is necessary that you understand the requirements of your business. Purchasing an office space is not a child’s play and it is important that you determine your needs from before so that you face no problem after buying one.

Location plays a greater role in choosing office space

When you purchase an office space then it is important that you give preference on the location. Do not purchase an office that is located in the backward area. In such case you may save a few bucks initially, but it is possible that you have to pull down the shutters of your company in the near future. there is huge demand for furnished commercial office space in indiranagar that is situated in an isolated area not only gives a poor impression on the clients and customers, but also fails to gain the attraction of individuals. So, it is always suggested that you purchase an office space in one of the business hubs of the city. The location should be well connected with transportation system and situated near the railway and airport.

Also ensure that the office space has room for expansion so that if you wish to expand your business in future, you can do so easily without facing any difficulty. The prices of office spaces become the major hindrance for employers at the time of purchasing. Usually, the cost differs from one builder to another. But, it is always a better option that you research the market about the prevailing cost of per square foot. This will enable you to make a profitable deal. In case your budget does not allow you to purchase an office space, then you can also go for taking one on rent. You can check out the online websites to get cheap rental deals for office spaces.

What to look for when buying a fully furnished office space?

Fully furnished office space in a nutshell

Are you planning to purchase an office space? Well, in this regard, have you ever wanted to buy a fully furnished office space? Have you ever wondered How to get a good commercial space which is fully furnished office space bangalore ? Well, n that case, you can jolly well glance along for a deeper and viable idea of the same. In fact here, you will get a holistic idea about the best ranges of furnished office space. Moreover, you will also get a proper idea about the reasons why you should opt for these office spaces. So, simply read along, and know more.

Well, a fully furnished office space is simply an office space which comes with the basic and all the requisite necessities of an office. In fact, be it the furniture or the basic amenities like air conditioning machine, Wi-Fi connectivity, proper zones for cabinets, cubicles, meeting desks and even pantry. So, all that you have to do is, make sure that your office space has the mentioned equipment's because only then it will turn out to be a proper and absolutely lucrative office space. In fact, a fully furnished space for office will have anything and everything including proper office chairs and desks, thereby making it easier for you. Moreover, it will also have cubicles for your employees thereby making things even better and easier. Thus, if you are really intrigued to enjoy the best from your office space, then make sure that it is a fully furnished one. In fact, it is only in a fully furnished office space, that an individual can enjoy the best from his office.



Office spaces will offer you a host of commendable benefits

Though, anyone and everyone can avail the fully furnished office space it is usually chosen and availed by the individuals who are in urgent requirement of a space. In fact, if you are setting up an office for a short term basis and if you require a proper and absolutely viable office space at JP nagar for the same, then nothing can work better than a fully furnished office space. In fact, these office spaces will offer you a host of commendable benefits from your office thereby even multiplying your benefits here. So, all that you have to do is, choose the furnished office space options in order to enjoy the best from the same.

Fully furnished office spaces usually turn out to be pretty extravagant compared to the other viable options. So, if you feel that you have ample money to spare for these office spaces, then you can jolly well opt for a fully furnished office alternative. In fact, due to the incorporation of a host of furniture, the rate of this office space is considerably high. So, if you really wish to avail the best from it, then simply opt for this alternative and avail lucrative and feasible benefits from the same, accordingly.

Why renting an office space is better that buying one?

The advantages of renting an office space over purchasing one

Are you worried because you have a limited capital in hand to purchase an office space? Are you not getting any office space within the budget you have? Well, then it is suggested that you simply opt for renting an office as compared to purchasing one. This can not only enable you to accommodate the money for all your requirements, but also save a lot which you can use for running your business smoothly. You can also save from undergoing the loads of paperwork which is essential for purchasing an office space in Bangalore. With a rental office space you can enjoy cleaning services, repairing services etc. at free of cost. The landlord will be liable for undergoing these activities. It means you are free from the headache of calling the professionals and undergoing the required services.

The benefits of purchasing a rental office space do not end here. In case you are not being able to run your business successfully as you have planned it and wish to shut down, then all you need is to simply pack up your things and hand over the key to the landlord. But in case you are the owner of the organization, then you will need to find a buyer to get back your invested business capital, which is itself a daunting and time consuming task. You can also save your money because there is no need for you to hire the service of a lawyer to take care of the property taxes and the landlord will take care of it.

Saving cost by renting an office space

Around 70% of the total expenditure can be saved with this type of office space  Btm layout where its an ideal location for setting up an c. You can get cheaper rentals along with a wide range of features. The services you can get in the rental offices differ from one service provider to another. Some of the common features that you can enjoy include IT support, desk support, security, executive, sanitation and support professionals. You can get to enjoy highly equipped conference rooms and meeting rooms, where you can conduct meeting with your foreign clients and other important business contacts. If you purchase an unfurnished office space, then you would have needed to invest thousands of dollars to get the latest equipment installed in your office.

The demand of furnished rental offices is increasing widely in Bangalore, especially because of the growing number of companies per month. In a furnished rental office you can get access to internet and telephone. Thus, there is no need for you to wait a week or so to get the telephone or internet connections. You can even enjoy the service of receptionist, office peon etc. no sooner you start your work. If you want to know more about the benefits of renting an office space, then it is suggested that you refer the online websites right away.

Why choosing location for an office is important? How to choose the right one?

Why is location important for an office space ? 

Bangalore is one of the biggest and popular IT-hub, in the present Indian market. Besides this, the city is even more popular due to the high proximity of myriad ranges on commercial properties or offices for rent at bangalore ranging from 2000 sq ft to 1 lac sq ft by find space consultants. Now, if you are planning to start up an office in Bangalore then there are certain things about the location which you should actually keep in mind. In fact, this again will help you to multiply your benefits in the long run.

Now, choosing a proper location in Bangalore is absolutely essential because without a proper location people will hardly get to charter your office. Thus, while selecting a location in the IT hub Bangalore make sure that the location you have chosen has a huge proximity of transport and communication. Try to adhere to a location which can be easily chartered by one and all. Glance along prospective locations and finally choose a location in a popular zone in order to avail the maximum from your business.

Again, make sure that while choosing the location you have stuck to a place which is somewhere in the middle of the city. This again will enable you to get hold of all your requisite amenities in a jiffy. In fact, if you start up your company in a suburb instead of a primary location then it can surely and deeply affect your business.Thus, if you are absolutely intrigued to enjoy the best from your business, then make sure that the location you have chosen is not in a suburb.

What part of city is ideal for setting up office? 

Besides this, you will also have to make sure that the location you have opted for best furnished office space at Jayanagar which is situated near popular other companies. This again will open your scopes of competition and people will likely visit your unit if they find that other companies offer fewer services than you. Moreover, you can also learn from the others with the aid of this diplomatic location.

Choosing a proper and viable location for your office can effectively multiply your popularity with regard to the same. Thus, if you really wish to enjoy the best from your office, then make sure that the location you have chosen is absolutely perfect in all respects. In fact, your business is sure to flourish if you opt for a location which is absolutely lucrative and feasible in each and every respect. So, finally choose the best in order to avail the most commendable benefits.

In fact, with the wide and huge competition in Bangalore it is absolutely essential for you to choose the best and the most perfect office space in this regard. In fact, if you choose an inferior office space location then your business is sure to be affected with regard to it. Thus, always choose a proper and viable location of your office in order to multiply your benefits from the same.

How to choose Cheaper office space? Has the demand of office space increased?

Why the IT sector dominates Bangalore since so many years?

Bangalore is also known as The Silicon Valley of India. It is known for being one of the most famous metropolitan cities that houses several IT companies of India. Usually, people prefer office spaces at bangalore to live in this city because of the vast career opportunities and pleasant climate. With the high rise in the number of IT companies, this city has been promising in several aspects. It led to the boost in the real estate business. This city is also popular for its commercial and industrial growth. There are around 2000 companies in Bangalore that deals in IT. For start up IT companies and others that are dealing in different fields, Bangalore is the best place. Every month several new companies emerge in the market. As per the studies it has been seen that Bangalore houses over 50% of the IT companies functioning in India. In fact, it provides bread and butter to around 26,000 employees.

There are many areas in Bangalore that are known for being the business hub of the city. You can come across office spaces in all across the city. But the demand of offices is high in some of the places as compared to the others. 8 million square foot is absorbed in Bangalore for office spaces. The demand of offices spaces has increased a lot in the last few years. In a city like Bangalore it is quite a daunting task to get a suitable office space. Two types of office spaces are generally available – furnished and unfurnished. Initially, unfurnished office spaces were preferred. But today, furnished offices spaces seem to a preferable choice among individuals. These office areas are equipped with all the modern features that a business requires to success in today’s edge cutting competitive market.

Why cost of office spaces increasing rapidly every year?

The prices of office space hsr layout because of the IT companies. With the rising IT projects, the cost of office spaces are also increasing spontaneously. Basically, location plays an important role in the success and growth of a company. New start up companies find it a suitable option to purchase office spaces in the business hubs of Bangalore. It enables them to make a good impression on customers and clients. Having an office space in a city like Bangalore can also enable clients and customers to have faith in your company. It can enhance the image of your organization in the market and grab the attention of potential customers.

Are you wondering why IT sector dominates Bangalore since so many years? It is because the rents as well as the purchasing prices of the commercial spaces in this city are lower as compared to the other business hubs of India. Space is also considered as another reason for the growing number of IT firms in Bangalore. In today’s market where every company is trying its best to reduce the expenditures, Bangalore office spaces enable employers to save a lot of money by reducing the monthly rentals as well as the annual taxes.