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What should you keep in mind when you invest in an office space?

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Home / Blog / What should you keep in mind when you invest in an office space?

What should you keep in mind when you invest in an office space?

Buying or leasing an office space is a different ball game from residential or retail investment. The factors you need to keep in mind vary greatly. You need to keep emotions out of the picture and analyse every angle rationally. When it comes to selecting premium and commercial space for rent or purchase, Trehan Iris stands atop all the other offices. Our office spaces check everything on the list of ideal office spaces that will facilitate your growth and help you reach new heights.

When you invest in an office space, you should be mindful of the pros and cons involved. While there is no sure way to determine which property will give you the best returns, making a fair estimation on the basis of previous records available can help you narrow down your choices and select the best property for your business. Mentioned below are some of the key factors that will determine how you can choose the right property for expanding your business.

Location Advantage

One of the first things to keep in mind is the location of the property. You need to study the past trends of the land and the neighbourhood around it. Ensure that your office is present in a growing commercial area, with IT parks, business centers and other prime commercial hotspots in close proximity. Keep an eye on the retail destinations, hospitals, and educational institutions nearby that will ensure the influx of quality working class in the vicinity. In addition, your office space should be well connected to prominent residential locations via different transport modes. This gives you a chance to access an elite talent pool for your business.

Amenities

A space which has all the necessary amenities for employers and employees to thrive is a wise investment choice on any given day. Thus, before you choose where to establish your business next, make sure the property receives uninterrupted water, electricity, internet connectivity etc. Ensure that it is a spacious property with lifts and a parking facility as well. Having all the necessary amenities in place will not only make your office environment more workable but also elevates its resale value.

Buy vs Lease Space

This step is crucial as assorting your budget and being mindful of your expenses can determine your office selection and, thereby, your growth. You need to understand your finances in-depth and the budget that you need to determine whether you have to buy an office space or lease one. To understand which option is right for you, refer to this blog to leave no stone unturned.

Capacity to Grow

If your business is one which is on the rise, you would want to buy an office space that accommodates your growing demands. You need to understand your immediate and long term needs and then make a sound decision. Keep in mind the increase in employees and infrastructure and equipment that will entail the expansion.

Trehan Iris in Gurugram: The Ideal Invest Opportunity For Leasing Office Space

Trehan Iris stands strong in one of the most coveted areas in the country, that is, Gurugram. The city offers great connectivity from Delhi and other NCR regions via well maintained roads and metro network. Our commercial portfolio, located in the heart of Gurugram, include state of the art office buildings, namely

  • Iris Techpark
  • Iris Cyber Tower
  • Iris Cyber Square
  • Iris milestone
  • Iris 312

Whichever property you choose to establish your business’s roots in, you are bound to experience a splendid working environment. All our office buildings enjoy superior location advantage, with top-notch educational institutions, restaurants, gymnasiums, and malls in the vicinity. With all the basic necessities and endless growth possibilities, you get only the most superior working experience an office can offer.

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