By Prasanth Gopinath on Jun 29, 2023 6:21:04 PM
Needless to mention, the real estate scene in Pune today is nothing like it was a decade or two ago. Pune was always a popular residential choice because of its pleasant weather-balanced lifestyle. The emergence of IT hubs in the city has given homebuyers one more reason to call Pune home and this has led to an unbelievable transformation of the city. This has also resulted in the humongous growth of the demand for commercial office space for lease in Pune, as businessmen find it more convenient to look for a luxury office space for rent in Pune rather than buying one by spending a heavy amount as initial capital. In this blog, we will discuss a number of benefits you could avail yourself if you look for commercial office space for lease in Pune, and we will also introduce you to an office space for lease in Pune by the renowned Kohinoor Group Pune.
Before going into the details, let’s first understand the definition of leasing. This will help you if you are looking for a commercial office space for lease in Pune.
What is a Lease Agreement?
Section 105 of The Transfer of Property Act, of 1882, defines leases. According to this Section, a lease ‘is a transfer of a right to enjoy the property, made for a certain time, express or implied, or in perpetuity, in consideration of a price paid or promised, or of money, a share of crops, service or any other thing of value, to be rendered periodically or on specified occasions to the transferor by the transferee, who accepts the transfer on such terms.
Here are a few benefits of going for a luxury office space for rent in Pune -
A Commercial Office Space for lease in Pune offers you access to prime properties
Commercial properties in Pune have witnessed steady price appreciation over the years, and small businesses looking for office space in Pune might now find it difficult to get access to prime properties, as they would definitely command a higher price. If you choose a commercial office space for lease in Pune, you would easily get access to these prime properties. What you also get with office space for lease in Pune at such landmarks is access to their state-of-the-art architecture.
Startups get the advantage of flexibility if they opt for a commercial office space for lease in Pune
For any startup, flexibility is of utmost importance. If a startup opts for a commercial office space for lease in Pune, it would then get the option to move to a better location or a better property in the future, or even own one once they get major funding. The recent trend has shown that most of the startups go for office space for lease in Pune because of this benefit.
A Commercial Office Space for Lease in Pune needs limited investment
As discussed above, funding is a concern for startups. They might or might not be able to own commercial office space in Pune. Even if they could, they would prefer to utilize the amount needed for buying an office space in Pune for something more productive in terms of growth. Commercial office space for lease in Pune attracts limited investment as compared to buying a commercial office space in Pune. This is the primary reason that tempts businesses to opt for a luxury office space for rent in Pune. While a commercial office space for lease in Pune will require a security deposit, it is still very reasonable as compared to the down payment required to buy a commercial property.
Commercial office space for lease in Pune will free you from the responsibilities such as maintenance and repair work. This makes a major difference as you might need to spend a hefty amount if major repair work arises in an owned commercial space. An office space for lease in Pune thus allows you to focus more on your business operations and not worry about any maintenance or repair work as that would be taken care of by the owner of that commercial property.
If you are looking for a commercial office space for lease in Pune, take a look at Kohinoor World Towers by Kohinoor Group Pune. This world-class development of luxury office space for rent in Pune is located in Pimpri and is touted as its global commercial address. This 1.8 million square feet AAA-grade development has small and large office spaces and high-street retail spaces.
Reviews of Kohinoor World Towers by Kohinoor Group Pune - commercial office space for lease in Pune.
3 months ago
One of the top-class commercial projects in the Pune Market.....!
a year ago
Prime location, Great Design and Aesthetics, Vastu Compliant, Prime Real Estate Development, ticks all the boxes for end use and investment.
MahaRERA No : Kohinoor World Tower, Phase 1 - P52100028796
To know more about this commercial office space for lease in Pune visit our website.