By Prasanth Gopinath on Dec 6, 2024 12:00:00 AM
If you are looking for a commercial property in Pune, you must have been confused between whether to buy one or look for a commercial property for lease in Pune. Well, that’s a tricky question, or is it not? In this blog, we will try to solve this dilemma for you. In addition, we will also tell you how 2025 offers you a great opportunity if you zero-in on leasing a commercial property in Pune. Read on.
Going for a commercial property for lease in Pune? Here’s why you must!
Leasing a Commercial Property in Pune
Pros:
Lower Initial Investment: Leasing requires a significantly smaller upfront cost compared to buying, making it an ideal choice for businesses focusing on liquidity.
Flexibility: Leases allow businesses to move locations or upgrade spaces as needs evolve, without the long-term commitment of ownership.
Maintenance Costs: In many cases, landlords handle major maintenance and repair expenses, reducing operational burdens.
Tax Benefits: Lease payments are often tax-deductible as business expenses, providing financial advantages.
Prime Locations: Leasing offers access to premium business hubs, such as Kharadi or Hinjewadi, without the substantial investment required for buying.
Cons:
No Asset Creation: Leasing doesn’t build equity, meaning you won’t own the property at the end of the lease term.
Limited Customisation: Major changes to the property might require landlord approval.
Buying a Commercial Property in Pune
Leasing a commercial property in Pune sure has a lot of advantages that can help your business soar higher.
Buying a commercial property in Pune will involve huge initial cost, which you could otherwise divert to meet your other immediate financial needs.
So, what does 2025 have in store for you if you decide to lease a commercial property in Pune in 2025?
Here’s what Cushman Wakefield report says -
Prime locations in Pune recorded 69,895 SF of leasing, a 104% jump from Q2 in 2024 Q3.
This clearly signifies that the leasing market is growing by leaps and bounds, and if you wish to cash in on the best price, now is the best time.
If you wish to make leasing a commercial property in Pune, you could also go for good and reliable property leasing services. But you wouldn’t even need to do that if you go for one of the most renowned real estate brands in Pune, Talking of which, one name that immediately comes to mind is Kohinoor Group Pune.
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