How Office Spaces are best bet than others?
According to current scenario where share bazaar is identified more for unreliable movement than sure returns, investments in property are measured as safest bet. In comparison of all residential is measured the easiest, because it is very easy-to understand market’s movements (gap between demand & supply), but It offers a low rental (2 - 5% value of the property per annum).
On other hand investment in office spaces rental income is about 7 – 10% per annum, in many cases more than it. Appreciation on the investments, however, depends upon the many factors like timing, location and real estate scenario etc.
Investment in commercial property has to be controlled in a different way than investment in residential property. Usually, commercial spaces are large than residential property, this indicates a big investment.
Very much different from residential real estate market, demand of commercial property depends upon the beat of the local market. But residential real estate completely depends on current economic scenario. So, before investing in office space, you must recognize the requirements of the local key players of your city which are prospective buyers. For example, if IT companies dominate the big part of you city, it would be better with an office that can house a number of employees that is best for such firms.
Commercial Property Occupiers in India
IT and ITeS Companies emerge biggest office occupiers in 2015
In spite of the uneasiness of a rough ride this year, IT companies are continued to be leading occupiers of office space in India.
In previous year 2015, Tata Consultancy Services (a big name in India as a software exporter) overtook Deloitte (a consultancy firm) by occupiing approx 1.8 million sq. ft. of office space in Mumbai, on the other hand Deloitte acquired 1.3 million sq. ft. space in Hyderabad in 2014.
According to the office space survey, IT companies holds 56% of the office spaces in our country last year, on the other hand other sectors like E-Commerce, Banking, Engineering, Manufacturing and others grabs 29% of office space.
In 2015 commercial space absorption of India was 35 million sq. ft., just behind the highest figure of 2011. But the considerable fact behind this calculation is demand of commercial space in 2011 originated by inhabitants taking benefit of low rents because of the worldwide financial slow down. But in 2015, however, it was the effect of companies applying their development plans.
Some quick facts about commercial properties investments
• 56% of space was acquired by IT/ITES firms in 2015
• Banking & financial services, engineering & manufacturing, & e-commerce added 29%
• India’s office space absorption in 2015 stood at 35 million sq. ft.
• Accenture leased 4 Lacs sq. ft. in Hyderabad & 3.5 Lacs sq. ft. in Chennai
• Qualcomm leased 3.5 Lacs sq. ft. in Hyderabad
• Oracle took up 4 Lacs sq. ft in Bengaluru
• Siemens took up 3.5 Lacs sq. ft. in Pune
Now in 2016, circumstances will be more favorable, people can invest in commercial property with low budget. In big cities like Delhi & NCR, Kolkata, Mumbai and Chennai, there has been a quick rise in the requirement for smaller offices over the last few months. It is strongly recommended to prefer main & developed locations and smaller units. Many mixed-use developments (with retail, offices, and serviced apartments) are expected to give excellent return on short span of time.
Now we are describing some commercial developments of office spaces available at very affordable price.
It is a future of office space with pollution free environment with lush greenery surrounding located within the comfortable commuting distance at Sector 62 Gurgaon. Developed with architectural expertise of reputed masterminds in their fields, AIPL Business Club is stunning elevation with the total built area of approximately 700,000 sq. ft. of office space.
Highlights of the projects
• Corner plot with frontage & main entrance from main 60 meter wide & secondary access from 24 meter wide sector road.
• 14 levels of Office space
• Dedicated parking facilities on 4 level
• Rail water harvesting system
• Wi-Fi enables campus
• Round the clock CCTV security surveillance
It is a commercial development following green building concept offering world class office space with practical structural design located at Sector 67 Gurgaon nearby Golf Course Extension Road & Sohna Road. Two towers North Tower (G + 10) and South Tower (G+ 19) has been considerately planned to give contemporary amenities provided using advanced technology. To keep in mind different requirement of office space this commercial development offers column free space with land floor plates.
Some exclusive features of the development
• Available in the sizes of 500 to 1,000 sq. ft.
• Fully air conditioned
• Innovative structural design
• Parking facilities for 1300+ vehicles on 3 levels
• 100% power backup, WI-FI Enables
• Firefighting & Security System
• Price starting from Rs. 37 Lacs
This intelligent mix of office spaces, retail areas and F & B has the biggest brand pool under roof attractive maximum footfall. Sprawled across 2 blocks with panoramic landscape, dedicated parking building. This commercial development located at Sector 65 Gurgaon near Golf Course Extension Road, surrounded by the city's most prosperous residential developments.
Key Factors of this commercial development
• Excellent connectivity and affordable prices of Rs. 36 Lacs onwards.
• Stylish Frontage of 260 meters
• Stylish lighting design for front elevation
• Retail space on ground and first floor
• 2nd to 10th floor dedicated to office spaces
• Service lifts and escalators
• Multi-level parking
• Centralized air conditioning
• Round the clock power back
• Modern Security Equipments
It is one of the first mixed used projects in Gurgaon at Sector 82A Gurgaon, positioned on 10 acres of land offering retail & office spaces as well as serviced residences. Excellent location in city’s commercial belt and vicinity from National Highway – 8 makes it one of the most desirable commercial developments.
Many other features of this commercial development
• Part of Vatika India Next Township
• Main entrance from NH - 8 and secondary entrance from 24-metre sector road
• Exclusive office spaces with branded retail shops
• Prime Location on the meeting point of NH – 8 & Dwarka Expressway
• Few minutes away from Proposed Metro and Proposed ISBT
Emaar MGF Emerald Plaza
It is a commercial development in Emaar MGF Emerald Hills at Sector 65 Gurgaon offering street style retail and exclusive office spaces. Office spaces in Emaar MGF Emerald Plaza are being shaped around a simple model - a resourceful place of work. But there are many features that make it one of the exclusive commercial developments in Gurgaon.
• SOHO format spaces development
• First 3 floors are dedicated to retail space and 8 floors of office space
• 100% power backup
• State of the art communication and safety systems
