Office Space Rentals for Entrepreneurs & Young Enterprises
As a young start-up, finding the best office space for rent can be one of the challenges. You can either hire a real estate agent or search it out yourself. However, it is good if you can be involved in the process of searching for the right space. Special Economic Zones are a great choice for office spaces in India. The cities where you can search for office spaces are Delhi, Gurgaon, Mumbai, Kolkata, Pune, Bangalore, and Hyderabad.
As an entrepreneur, consider the location, facilities, amenities, and other factors while choosing an office place. Check out the major zones for office space in sub-urban India:
Delhi NCR comprises of Delhi, Gurgaon and Noida area. Gurgaon and Noida house a majority of the Special Economic Zones. Candor TechSpace offers an SEZ in Sector 135 Noida. They also offer an IT Park in Sector 62 Noida. It houses multiple IT and Tech companies. Facilities include convenience stores, food courts, ATMs, etc.
Gurgaon has a huge base of IT and SEZ spaces. Office space for rent in Gurgaon is a costly affair. Explore companies that offer state-of-the-art amenities, like Candor TechSpace, located in sector 48, Gurgaon. Situated in the bustling Sohna Road area of Gurgaon, major companies in this SEZ are Aricent, AON, Cognizant, Colt, Evalueserve, and Genpact. Prime facilities include convenience stores, banks, ATMs, baby care centers, food courts, and restaurants. It has a car parking facility for 6190 cars. DLF Cybercity is also an IT hub where offices of major tech companies in India are built. Office space for rent in Gurgaon is much more affordable in the SEZs.
With the recent proposition of ‘Silicon Valley Asia’ in New Town, Kolkata, developers are in search of land for this iconic commercial hub. IT giants like Infosys and Wipro have already booked 50 acres of land in this hub. There are many tech companies housed in the Rajarhat area near Kolkata. It is economical to rent an office in a commercial building in Kolkata. The approval of 5 SEZs has been cancelled in the state. However, CandorTech has successfully developed a fully operational IT/ITES zone in New Town, Rajarhat, Kolkata. It has 3.04 million sq. feet of office area complete with amenities like food courts, convenience stores, fitness centers, ATMs, and banks. It also has a banquet and swimming pool.
Fully furnished office space comes at a steeper price in a commercial building in Kolkata. Even though unfurnished office spaces give you the liberty to customize and renovate the interiors to reflect the vision of the company, most parties opt for furnished options.
Mumbai & Pune
Office spaces are comparatively economical in the Navi Mumbai area compared to other major cities like Bengaluru, Pune, Gurgaon. As per real-estate experts, Mumbai is the next big destination for IT hubs. Located in Babavpada, the SEZ in Mumbai is still under construction. The industrial units in this SEZ will be operational in 2019. Office space for rent is quite affordable across Mumbai locations.
Bangalore is often referred to as the Silicon Valley of India with thousands of IT companies, tech companies, and start-ups. The Electronic city has a major concentration of tech companies in the city. Whitefield and Koramangala also have many IT companies and start-ups.
Bangalore Aerospace SEZ is a fully functional SEZ located in Bangalore. It houses over 56 medium to large-cap companies. Devanahalli Business park has multiple tech companies. Similarly, Bial IT Investment Region (ITIR) has over 55 multinational companies like Wipro, Infosys, TCS, and Cognizant.
These are some of the places where you can search for an office space for rent/ lease.