Guide to Find Office Space on Rent in Mumbai

Mumbai is a flourishing financial and business hub of India. Being a metropolitan, it attracts people from every part of the country and as a result it has never been easier to find an office on rent in Mumbai. Like any other urban metropolitan, Mumbai suffers real estate problems. There is an acute land shortage problem hence making this city one of the most expensive cities in the world for commercial purposes. Recent studies done ranked this city the fourth most expensive place to acquire commercial space in the world.

If you carefully study the physical nature of this city, you will realize that it’s mainly made up of seven islands surrounded by water on its three sides. As a result, there is a big problem of office space. Being a financial capital of India, it has prompted people to migrate to this city in large numbers.

When one talks of real estate in Mumbai for commercial purposes, prime lands like Nariman Point, Bandra-Kurla Complex and surbubs like Andheri are the most expensive. Office space on rent is getting costlier every day basically due to an increasing demand of people wanting to set up businesses in Mumbai.

Office spaces on rent in Mumbai are available as fully furnished office spaces and unfurnished office spaces.?

If you are looking for office space on rent in Mumbai, then you must look out for location factors such as parking space, travelling involved, traffic flow, and proximity to main transportation centers.

All these factors will have a direct influence on the amount of rent you will pay for the commercial area. Moreover, building costs are different depending on the side of the town, suburbs and semi-urban areas of Mumbai. More popular areas attract higher office space rent.

For you to get affordable office space in Mumbai, you have to look for an agent. Try to find someone who has a lot of listings on the website. This will give you an insight of the location as well as the price. Call the person and if they seem friendly, interested and aggressive, then you can be assured that they will look out for your best interest and negotiate a lease.

Lease agreements for office space on rent in Mumbai can be complex with many hidden charges. A good agent can lead you through these areas.

However, there are still spaces that are begging to be rented. All you have to do is think before you leap.

Resource From: Regus Office Space on Rent in Mumbai

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