India’s demographic and economic state makes it a budding ground for start-ups. We have a large percentage of enterprising youth in our population coupled with a growing e-commerce and IT/ITES sector to support the growth of start-ups. Real estate strategies play a major role in the success and failure of any enterprise. However, in the case of start-ups, real estate decisions are of greater importance. Start-ups lack customer brand recognition and financial cushioning that can safeguard them if they choose a wrong real estate strategy.
We present to you India Office Report Q4, 2015. India arrived on the global commercial real estate scene in 2015 and emerged as a major office destination.
In this report we bring you insights into the commercial property market in India, offer updates on the most preferred commercial space destination in the seven major Indian cities and highlight trends to watch for in 2016.
Stay updated on the latest developments in the Indian commercial property market with our Report!
Download here: India Commercial Real Estate Market Report Q4, 2015
The first part of the two-blog series compared external factors to the office environment and how they help in choosing the right commercial space. In this second and final part, we look at some of the other factors related to the office environment that should be considered while choosing an office space.
The decision to choose the right commercial space is crucial to the success of any business enterprise. Making the right choice requires a thorough financial analysis of the lease, rental terms and conditions and anticipated hike in rent. However just as important is a detailed assessment of other attributes of the office environment to ensure that you make the best real estate decision.Even as rent remains the single most important factor to ascertain a prospective commercial space, other parameters such as secure neighbourhood, amenities and infrastructure should not be ignored. In fact, these factors add value to the lives of the employees and have a direct impact on their productivity and efficiency.This two-part blog series compares external factors to the office environment and highlights the importance of secondary parameters that should be considered while choosing a commercial space.
Property consultants are indispensable to the real estate sector. They are instrumental in helping you find the right property and land a good deal. You have a choice between approaching an individual consultant and hiring the services of organized property consultants. This single decision can make or mar your deal.
While an unorganized consultant or dark agent may charge you a smaller fee, organized property consultants or light agents have a reputation to keep and can be more professional. According to estimates, there are around one million property agents in the country who are neither registered nor regulated. Here’s how they rack up against organized consultants. Continue reading “5 differences between Organized and Unorganized Property Consultants”