How to Buy or Rent Office Space for Your Business?

1. How to Buy or Rent Office Space for Your Business?

2. Content • Introduction • Buying a Commercial Office Space • Renting an Office Space • Contact Details

3. What is the number of staff you will be working with? What is the capital investment you are ready to make? All these questions will help you decide whether you need to lease or buy a space. What is the number of staff you will be working with? What is the capital investment you are ready to make? All these questions will help you decide whether you need to lease or buy a space. Introduction • Whether it is buying a property or getting a commercial property for rent in Navi Mumbai, one needs to understand the needs and want of what is required to get work done.  • What are the goals you would like to achieve through buying or leasing an office? Getting an office space has its challenges. • First and foremost, you need to understand whether you need an office space, if yes, what is the size of the office space that is required. • What is the number of staff you will be working with? What is the capital investment you are ready to make? All these questions will help you decide whether you need to lease or buy a space.

4. he overall maintenance of the property falls on you. Buying a Commercial Office Space • Pros : • The office space when purchased can be considered as a valuable business asset. The purchase also turns out in your favour as it is a long-term business investment. •  As a landlord, you can gain revenues from subletting the property. • You become the master of your own space and hence have absolute control over your own property. • Cos : • With the property bubble bursting, there is always a chance that the property value might depreciate rather than appreciating. • The capital investment in the initial stages is very high • The overall maintenance of the property falls on you.

5. Renting an Office Space • Pros : • Leasing a property works out very efficient as the costs are lower and you only pay a stipulated fee for space. • Leasing a property proves convenient as one can easily change spaces based on requirement and in different geographical regions. •  The tenant of a commercial property need not worry about the maintenance and upkeep of the property. • Cos : • Renting a property means having very little control over the property. You cannot alter the property without the landlord’s consent. • Leases keep one changing from time to time. So, you need to be prepared to vacate from time to time based on the instructions of the landlord. • You may not get all the requirements you desire for an office. Also, the changes in low rent negotiation aredifficult.

6. Contact Details • Website : http://www.wegrowgroup.in/ • Address : 8th Floor, Proxima (Arunachal Bhavan), No.19, Sector 30A, Vashi, Navi Mumbai,  Maharashtra 400703 • Phone : 9372049491 • Email Id : socialwegrow@gmail.com