In Gurgaon, office rent is the main concern for many organisations. Irrespective of the size of the business, their Gurgaon office rent is always more than they would like to pay. Some organisations manage to get a good deal and end up paying lesser than their neighbours.
Unfortunately some businesses get conned into paying a higher rental. This is usually because they are not aware of the current rental rate in that particular area where they are finalising the deal. This happens often when businesses deal through small time real estate brokers who are out to make a quick buck.
Factors influencing office rent
There are many factors which affect the office rental rates. It is essential to understand these criteria’s before you start looking for an office. It is also important to understand that if the real estate broker informs you that you will not get the required office space in your budget; that information only pertains to the current area. There is a high probability that you can get the desired size of office space in another area of Gurgaon which is more suitable to your budget.
Location: Office rent in Gurgaon varies as per the location of the office. Some areas like DLF Cyber City, Udyog Vihar and Golf Course Road are very premium and rentals are high. Areas such as Sohna Road, MG Road and Golf Course Extn Road are slightly cheaper. Other areas such as Sector 31, 32, 39 & 43 may be more affordable. There are various places which may cost more if they are located on main roads while you can find cheaper rental off the main road. Sectors 34, 35, 36 & 37 are further out and the rentals vary based on the accessibility to the main road.
Building: The type of building in which your office is situated also impacts the rent. If it is a new building you may have to pay a higher rental. Newer constructions offer better infrastructure. Older buildings could offer a slightly cheaper rental, however the infrastructure may be quite basic and require a higher investment cost to make the office usable.
Facilities: A building which offers central air conditioning, lift service, basement parking, building and gate security is bound to cost more that buildings without these frills. Some of these facilities are necessary and may involve a high capital investment. Hence it is better to carefully analyse the facilities and their usefulness as compared to the additional rental.
Conclusion
To ensure that you get the best rental rates for your office space in Gurgaon It is advisable to always deal with reputed real estate brokers like AIHP. With a reputed realtor you are assured of a quality service as well as the best office rental rates in Gurgaon.
