How to Purchase Profitable Commercial Property in Andheri East

Posted by Yash Diwekar
2
Oct 25, 2018
494 Views

Do you own a startup and are looking for a well-accessible and profitable office space in Andheri Here are some tips to guide you forward as you continue your search for the best commercial property in Andheri East.

1. Assess the Amount of Space Needed

Though there is no set rule for calculating the amount of office space that you would need. It is prudent to budget approximately 1,000 square feet for every 5-6 employees. By using this basic formula, you will be able to provide adequate space for yourself and your employees in a lucrative commercial property in Andheri East.

2. Think About Sub-Leasing Commercial Space

In case you have just started your operations and are struggling to pull in revenues, you will find it difficult to approach a landlord to lease or rent commercial space for longer durations. How about considering a sublease of your very first office space? Once you are in the growth run, you can start looking for more realistic and better options. 

3. Location Is Important

You have to be considerate to your employees as you go about searching for the perfect office space in Mumbai. Do remember that they will have to commute to work every day and will probably require a parking space for their vehicle. Proximity to metro stations and important bus stops will help them with easy accessibility options.

Regardless of whether you are a trader, entrepreneur, service provider or a professional in any stream, you need to keep these points in mind as you go about the act of renting or purchasing commercial space in Mumbai. Do go about your purchase process with utmost care and you will soon have a winner on hand. Remember to check out the credentials of the developers and builders on your list. Ask for testimonials and feedback to validate their credence before taking the next step. This way, you can avoid a lot of hassles coming your way in future. 

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