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For many small businesses and start-ups, apart from the operational cost, the realty cost proves to be the major impediment to intended growth. Therefore, numerous small businesses generally run from housing areas. For more detail visit at http://www.favista.com/blog/2017/02/25/working-home-know/
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Working from Home? Here is What you should Know February 25, 2017 from home, work from home companies, Working from Home Real Estate how to make money from home, how to work Srishti Chandola Like 3 For many small businesses and start-ups, apart from the operational cost, the realty cost proves to be the major impediment to intended growth. Therefore, numerous small businesses generally run from housing areas. Doctors, consultant, advocates, etc. run their respective work from their homes. It saves the real estate cost of one converts house premise into an office space. However, there are other permissions and expenses that are there while doing so. What commercial basically means? Advocates, legally, consultant and doctors can easily run their businesses from their homes. In case, it is filed under Karnataka shops and commercial establishments act, 1961, the court had clearly clarified that the home offices run by lawyers, chartered accountants and doctors will not be considered as a commercial activity as the involved work does not have any physical labor and instead an intellectual exercise. Also, tuition classes or running a yoga class from home will not be considered as a commercial activity as the services rendered by the professionals will certainly not considered under the sale and purchase goods. open in browser PRO version pdfcrowd.com Are you a developer? Try out the HTML to PDF API
There is a difference, however, between the running an office space from your homes and running a commercial business from home. This practice of running an office from home or your apartment is widely accepted in varied parts of the country. In Mumbai, the area of 220 square feet in a housing apartment can be used for commercial activities. Also, this set-up has become pretty popular in Delhi which owns to the increase in practice of intellectual professions such as lawyers, doctors, tuition centers, etc. If one is into nay profession other than the ones that are mentioned above, one can still run their office. When there is a movement of the residential or housing premise, however, the premier is used as a godown, the activities turn into a commercial one. This certainly would require approvals or licenses from the local municipal offices as well as other related authorities like the fire department and the local police station. How a home can be converted into an office space? First and foremost, one needs to inform the residents’ welfare association (RWA) as this is the most important thing to do if the business includes movement of storage and goods. If you are put up in a housing accommodation, you definitely need to seek the permission from the landlord in addition to the RWA. When working from your own office, is pretty cost-effective, the work may definitely happen at a relaxed pace. On the other side, an address may not be very convenient for any client meeting. Another disadvantage of having an office in housing premises may involve the absence of outlets that serve food, other basic infrastructure and sitting area. Also, the issue with vehicular movement as well as parking may pose as hurdles. open in browser PRO version pdfcrowd.com Are you a developer? Try out the HTML to PDF API
Any change in the address at a later stage may also include regulatory and documentary procedures. Moreover, the activity is also deemed commercial, as you home will definitely incur a property tax applicable on the commercial properties. Even the electricity and water charges will be levied on the basis of the commercial property. There may be some associated renovation cost that also will incur to provide your homes an office environment. ← Decline in Rented Office Spaces in Gurgaon in 2016 The Skill of Buying Genuine Luxury Property → Leave a Reply Your email address will not be published. Required fields are marked * Comment open in browser PRO version pdfcrowd.com Are you a developer? Try out the HTML to PDF API
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Let your Home Smell … Pleasing fragrances helps to cre… FAVISTA.COM 6 Comment 1 Twitter Timeline Tweets by @FavistaRealty Recent Blogs Redesign your Homes with Interiors of the 70s! March 1, 2017 Some Décor Tips for your Home’s Corner February 28, 2017 The Skill of Buying Genuine Luxury Property February 27, 2017 Working from Home? Here is What you should Know February 25, 2017 Decline in Rented Office Spaces in Gurgaon in 2016 February 24, 2017 open in browser PRO version pdfcrowd.com Are you a developer? Try out the HTML to PDF API
Favista is a Real Estate Advisory Firm based in Gurgaon, India. Favista believes in making every property transaction experience simple and successful. The aim is to bring transparency, professionalism and simplicity to the complex world of real estate. Favista takes pride in keeping the needs and concerns of the customers in highest regards. Favista Real Estate has been founded by IIT + IIM/INSEAD alumni with experience in strategy consulting, internet marketing, venture capital having been part of companies such as McKinsey, Capital One, PartyGaming and SSG Capital. Favista is a full service brokerage helping buyers/investors buy, sell, rent or lease property in India. Favista offers best realty advice for Apartments and Flats for sale in India, land/plots for sale, New Residential & Commercial Projects in India and also assists selling properties at best rates. Favista.com is the only Property Site in India that lists 100% verified properties. Favista currently operates in Gurgaon, Delhi-NCR, Noida, Mumbai and Bangalore.Those intending to sell property in India will also find this website very useful owing to the extensive reach, high brand recall and trustworthiness in the real estate space. In order to make our customers happy and for us to reach our goals, we follow the key tenets of transparency and consistently maintain integrity in everything that we do. With this professional attitude, we are set to become your preferred choice for all real estate services in India. ABOUT QUICK LINKS About Us Our Team Post Property FREE Career EMI Calculator Contact Us Blogs Terms Compare Projects Privacy Policy Download Mobile APP Disclaimer Sale Property Site Map open in browser PRO version pdfcrowd.com Are you a developer? Try out the HTML to PDF API
Site Map Rent Property CONTACT FAVISTA Toll Free - 1800 2121 000 (ALL INDIA) Gurgaon - +91-124-3378700 Noida - +91-120-4117463 Unit 235 to 240 2nd Floor, Vipul Trade Center,Sohna Road Sector 48, Gurgaon, Haryana 122002. Mumbai - +91-22-40142051 Email Sales - sales@favista.com Email Enquiry - info@favista.com 1 Square meter = 10.764 Square feet Have More Questions? Do not hesitate to contact us! Read our FAQ's or Leave a feedback for us to contact you shortly. © 2015 Favista Real Estate Pvt. Ltd., All Rights Reserved. open in browser PRO version pdfcrowd.com Are you a developer? Try out the HTML to PDF API