Mumbai is one of the most prosperous cities in India. From both commercial and financial perspective, it is the heart and soul of the country. There is no wonder that the city is attracting entrepreneurs from every corner of the country to cache on the prospects and prosperity it offers. Amidst the scenario of industrial boom and buzz, what poses a problem for the businesses is scantiness of Mumbai office space . Land problem is so acute in the city that it has contributed to the skyrocketing prices of commercial properties. In fact, Mumbai is the most expensive city in India and also finds a rank in the list of costliest cities in the world.
This is true for every city. Building cost vastly differs in the heart of the city, semi-urban and suburb areas. The most prosperous zones like Nariman Point, Bandra-Kurla Complex and suburbs like Andheri attract high prices so much so that even a small space like 150 sq.fit of will cost you a hand and leg. Furthermore, the land prices are surging almost every month due to increasing demand for workspaces to open up a new store or new franchise. Fast transport facilities are one of the reasons why Mumbai is the most industrially developed city in India. However, you won’t experience the same standard in every nook and cranny of the city. Whenever you are looking for serviced office space in Mumbai, check the important location factors like parking facility, available transport choices, closeness to major transport centres etc. These factors make a strong impact on purchase price or rent figure of a commercial property in Mumbai.
Nowadays, the business houses are slowly making a shift to the suburban areas. This is because property prices are more competitive in those areas. The big wigs don’t find it difficult to afford a luxury accommodation in a high-rise of Mumbai but the same does not spell truer for a medium level commercial house. So when it comes to buying or renting a property in this busiest Indian city, one should think about his budget as well as other factors that will be conducive to his business growth.
Another rising hub for business enterprises is Noida in Uttar Pradesh. More and more MNCs are being attracted to this part of the NCR due to its low investment costs as compared to metropolitan cities in the country. No matter how big, medium or small the size of a business is, it surely needs a place where they can hold meetings as well as carry out discussions on the future needs as well as requirements of a firm. We live in an era of modernization and the prices of properties, for both personal as well as professional uses, are touching the skies with each passing day. In situations like this, the most affordable choice is to obtain office space for rent in Noida.
Office Spaces In Mumbai And Noida