Renting an Office Space in Delhi? 5 Tips to Keep in Mind

Office spaces can have a humongous impact on the way organizations work and their ability to attract the right talent. Right-sizing the office space not only saves on the costs but also adds to the work environment, productivity, and general well being of the employees. The current times, amidst the pandemic outbreak, have forced many businesses and firms to rethink their office spaces. Finding the right kind of office space in Delhi that addresses all the needs of your business isn’t a cakewalk, given its NCT status and density of available commercial real estate. There are ample options to rent office spaces in Delhi. We’re almost spoilt for choice but simultaneously, aren’t really.

A workplace adds to an organization’s character. The core values, ethics and brand philosophy of the business are all reflected in the physical space which serves the functional as well as aesthetic needs of the business. It is, after all, where employees spend the majority of their working lives on achieving the organizational vision and goals.

An office space shouldn’t just serve the business needs, it should mirror the work culture too. Renting a suitable office space within a budget is more a matter of sustained efforts towards the discovery of the right space. Here are a few quick tips to help businesses find their dream office space in Delhi:

1. Match your office space needs

Keeping the number of employees and space per employee in mind is crucial to determining the actual office area requirements. New developments such as social distancing norms and work from home culture have to be considered before deciding on a particular space as well.

The second thing to note is the need to accommodate future employees or optimize space in case of downsizing. Flexible workspaces help in smoothing the creases in the long lease an organization intends to enter into. The need for conference rooms or any other such dedicated spaces, employee feedback on the kind of office space, decor, layout, and other amenities should also be taken into consideration. A tailored office space adds that extra customized touch that can help boost employee engagement and well-being. The office space should be such so as to reflect the brand and its work culture.

2. Choose the right kind of space

Once the ideal size for an office space is settled upon, employers should focus on the type of office space to rent. Office spaces in Delhi abound in private as well as co-working office spaces. Whether to have a dedicated office desk or a shared lounge setting, to go in for a common reception area or a private waiting room for visitors – several factors have to be unearthed before making a final call.

Collaborative work environments and innovative practices string together the work culture of any organization. As such, customizable and thoughtfully designed workspaces should be the preferred choice. Provision of additional amenities such as gyms, cafeteria, lounge, food court inside the office premises helps in relieving the employees of their daily stress and provide for recreational needs. Outdoor facilities such as cafes, restaurants, shopping complexes in the vicinity of the office space add bonus points.

Ample natural lighting, ventilation, provision of clean air, optimum temperature control, green spaces, and other aesthetic elements need to be considered keeping in mind the wellbeing of the workforce.

It is the corporate social responsibility of every organization to adopt sustainable practices. Max group ensures that all its projects tether to eco-friendly and sustainable practices. Max House located at Okhla in the heart of Delhi is a LEED Gold certified building by USGBC that offers green and healthy workspaces.

3. Choose a prominent location

Next comes the daunting task of choosing the right location for the business. Office space in a prime location in Delhi can solve several accessibility and connectivity issues at the same time. Certain prime locations in Delhi NCR like Connaught Place, Okhla, and Noida and other places are the major hubs for Grade A commercial real estate and witness extremely high competition. Max House, replete with all the top-class facilities, is located at Okhla and has office space available for rent.

Employers should note whether the chosen location has the appropriate social infrastructure to serve their needs. After all, an endless supply of business opportunities and a rich cultural heritage to attract customers is always welcome.

Adequate availability of public transport like buses and proximity to a metro station would solve connectivity issues for employees. The provision of dedicated parking facilities is also a factor to note.

Employers should also take note whether their real estate partner complies with the safety and security norms that are quite stringent in New Delhi. Big players like Max Estates match their processes and safety standards to international standards and are the best bet for any business in New Delhi.

4. Plan your costs

Enterprises should consider all kinds of hidden and additional maintenance cost such as:

  1. deposits for goods and equipment,
  2. Wifi-connectivity,
  3. supplies and furniture,
  4. cleaning staff and
  5. others mentioned in the leasing agreement.

A comparative cost analysis of a bunch of real state names and locations would reveal noteworthy insights. Employers need to check a few more boxes such as:

  1. Whether the final price is inclusive of all expenses or add-ons are charged separately.
  2. Are customizations charged upfront or added to the lease, or both
  3. Provision of necessary proofs and certifications on the building

5. Take your time

A thorough investigation prior to the signing of leasing agreement is necessary to avoid any hiccups in the leasing tenure. Employers should make it a point to go through the terms and conditions of the leasing agreement carefully.

  1. Clauses to note include:
  2. Lock-in period
  3. Deposits
  4. Payment schedule
  5. Exit clause
  6. Other clauses

Both parties should have a deep understanding of each other from the beginning to avoid conflicts. Adhering to proper norms and practices would ensure a safe and comfortable office space stay for the employer well as the landlord. The pandemic outbreak has redefined businesses and hence, business space in several aspects. As such organizations need to be on top of the latest developments and norms to keep themselves afloat in these testing times.

Max Estates, with its vision to lay exceptional business standards while keeping up with the growing real estate industry in India, has delivered the best in class office space in New Delhi. Max Towers and Max House are the real estate enterprises by Max Estates that offer office space for rent in Delhi. Their beautifully designed ergonomic office space offers integrated office solutions to cater to different business needs at zero upfront capital expenditure.

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