By Prasanth Gopinath on Jul 11, 2023 6:05:56 PM
Commercial property investment in Pune has gained unimaginable pace in the past 2-3 decades, and rightly so. A good property investment in Pune earns great dividends not only in terms of the profit you would earn as a business, but also in the form of rich returns if you are looking to buy an office space in Pune. In this blog, we take a look at a few tips that will help business owners in choosing the perfect office space in Pune that will prove to be a fruitful commercial property investment in Pune. Also, this blog will introduce you to a few landmark commercial properties by Kohinoor Group Pune.
An Office space in Pune benefits significantly if the location is strategic
A strategic location should be the first thing on your mind if you are looking at a commercial property investment in Pune. An office space in Pune that is located in a buzzing and developed location not only allows you and your employees to enjoy a hassle-free daily routine, it also places your business at a respected position, and allows you to get great returns if at all you plan on selling off this office space in Pune and look for another good property investment in Pune. For example, Kohinoor World Towers and Kohinoor Business Tower are located strategically at Pimpri and Koregaon Park Annexe, respectively, two locations that are renowned to be the hubs for a commercial property investment in Pune. Let’s take a look at a few factors that contribute to making a location the perfect investment hotspot for an office space in Pune.
Connectivity - inarguably the deciding factor while choosing a location for an office space in Pune
If you are looking to invest in an office space in Pune, the first thing you need to consider in a location is its connectivity to Pune’s prime destinations. You will be having employees coming over to work from different locations in Pune. Your priority must be to offer them the convenience of a hassle-free commute, so that they enjoy commuting to your office space in Pune and showcase maximum productivity. Also, a location for an office space in Pune also helps you when you need to get quick access to business opportunities. For example, Kohinoor World Towers by Kohinoor Group Pune is located at a distance of just a few metres from PCMC Metro station, offering an easy commute to its employees, while Kohinoor Business Tower is situated in proximity to the Pune International Airport, offering quick access to national and global opportunities.
Convenience and amenities - an ignored factor when making a commercial property investment in Pune
You and your employees would spend around 8-10 hours in your office space in Pune. To keep your employees rejuvenated and in a good mood for work, you would need an office space in Pune that is replete with features for indulgence, and is in proximity to cafes, malls and multiplexes, so that your employees would be distressed after a long day at work. Kohinoor World Towers by Kohinoor Group Pune has a rooftop lounge that acts as the perfect space for indulgence.
Unit price - the most decisive factor when it comes to investing in an office space in Pune
A rationally perfect unit price for an office space in Pune not only allows you to make significant savings on your initial capital for a commercial property investment in Pune, it also leaves you with a significant amount to be spent on other essentials. If you find an office space in Pune that falls within your budget, it is a great achievement for sure, but it is always recommended to look for an office space in Pune on lease, as leasing comes with an array of its own benefits.
Make sure the office space in Pune is secure
Most of the commercial spaces in Pune today are equipped with a 3-tier security system. Before you lock-in on an office space in Pune as a commercial property investment in Pune, you must take into account a few important questions such as -
Is the building secure?
Is there a fire-fighting system installed?
Were there any recent break-ins or reports of theft?
Choose an office space in Pune that could be either customised or has the perfect square footage for your business needs
The right amount of square footage depends on a number of factors. You must consider the following while zeroing in on the square footage of your next commercial property investment in Pune -
Team Size - The required square footage for your office space in Pune would differ according to your team size. To estimate how much space you need for your commercial property investment in Pune, multiply your employee headcount by the number of square feet per employee that best fits your density needs.
For example, a 30-employees company with average space requirements would need an estimated 7500 square feet (30 people x 250 square feet per employee).
The next thing you must consider for an office space in Pune is the structure. It all depends on whether you need open workstations or work group areas
- Open Space Workstations: 60 to 110 square feet per employee
- Work Group Areas: 80 to 100 square feet per employee
In addition to the workstations, there are also a few other areas or requirements you must consider while finalising on an office space in Pune -
- Conference Room: 50 square feet + 25 square feet per person seated
- Reception Area: 100 to 200 square feet per person waiting
- Lunch/Break Room: 75 square feet + 25 square feet per person seated
- Halls/Corridors within the space: 20% to 30% of the total usable area
Hiring an expert to find the right office space in Pune is recommended
Leasing or buying an office space in Pune could turn out to be a complicated process if you do not hire a legal expert. A legal expert will ensure that all the documents of your commercial property investment in Pune are in place and save you from any future legal hassles.
If you are looking for a good property investment in Pune, it is recommended to go for an office space in Pune built by a renowned developer. This will ensure you get a commercial property that does not compromise on quality, is delivered on time, and is free from any legal hassles. Kohinoor Group Pune is one such name that delivers on its promise. Kohinoor World Towers in Pimpri, Kohinoor Business Tower in Koregaon Park Annexe and B-Zone Shivaji Nagar are a few of its landmark spaces you must consider for your next commercial property investment in Pune.
You can find out more about these developments here at Kohinoor Group
Kohinoor World Towers - MahaRERA No : Kohinoor World Tower, Phase 1 - P52100028796
Kohinoor Business Tower - MahaRERA: P52100049202
B-Zone Shivaji Nagar - MahaRERA No.: B-Zone Shivaji Nagar - P52100021302