Few Rules before Investing in Office Space

Introduction

Investing in office space is not an easy task. If you are looking for premium office spaces for your company’s operations, read further to know the right way to select the perfect office space for your esteemed organization. 

Few rules before investing in commercial real estate 

1. Location: If you are looking for returns on investment through rent and capital appreciation, ensure that you buy a commercial property in a prime location which will appreciate over the years. Pricing of the commercial property is dependent on the location and the amenities included in the property.

For example in Bengaluru, commercial properties located in Outer Ring Road, Whitefield, Bannerghatta Road, Electronic City, Domlur, Hebbal and other IT corridors will cost much higher than other locations. 

This rule is applicable whether you are planning to buy the property or take it on lease. If your office location is in a prime area, your company will be able to attract the best talent. 
 

1. Quality of the building: Look for LEED (Leadership in Energy and Environmental Design) Gold or Platinum ratings as an A certified building will fetch more rent than a B+ one. You can sell off the commercial property at a higher rate at a later time if the quality of your buildings and amenities are accredited by renowned institutes like LEED.
    

2. Interior Fittings: Not only is the location and quality of the building materials important but also the interior fittings too. If poor quality fittings are used in the commercial space, then the employees will suffer every day due to leaking taps, non-functioning air-conditioners, risky lifts, broken file cabinets etc. Such commercial spaces will see tenants vacating the premises sooner than they ever thought. Hence before investing in office space, check the fittings and interiors properly and ensure that they are of premium quality.
    

Some of the top office spaces in India:

Brigade Group was founded in 1986 and over the last three decades, this real estate company has carved a name for itself. The real estate investors trust the brand for its premium quality buildings and luxurious architecture. These are some of the top properties completed by Brigade Group which will be ideal for investing in office space.

1. WTC, Kochi- Spread across 7,70 000 square feet, this office space is the dream destination for all the MNCs in the area.

2. WTC, Chennai, Perangudi- Being the tallest commercial building in the city, this office space is ideal for those companies which dream big.

3. Signature Towers, Brigade Golden Triangle, East Bangalore- Brigade group brings its architectural expertise and sustainable, futuristic design to this large property situated on one of the busiest growth corridors in East Bangalore.

4. Arcade at Brigade Meadows, Kanakpura, South Bangalore- With metro station being in the proximity, this destination is ideal for small and medium office spaces.

5. Senate 1 and 2, Magnum, Hebbal, North Bangalore- Designed as per NBC and KFF norms, this modern office space in Hebbal is built on a development area of Approx. 3,50,000 square feet across 2 acres of land.

6. Triumph and Arcade at Brigade Orchard, Hebbal, North Bangalore- Grade A specification and LEED Gold Pre-certified office space in Hebbal offers an ideal flexible environment for growing companies and multinationals alike.

7. Brigade metropolis, East Bangalore- This property is close to Bangalore’s IT hub and other sought-after commercial and residential locations.

8. Brigade Tech Garden, Brookefield, Bangalore- Brigade Tech Gardens is a USGBC LEED Platinum certified SEZ Development that offers commercial space for rent in Brookfield.

9. Brigade Deccan Heights, Yeshwanthpur, Bangalore- This office space is the perfect destination for modern businesses to take the next step towards maximum productivity and success.  

Conclusion

Now you see, investing in office space is not that difficult anymore. So whichever city you are operating out of, Brigade Group has set up premium, luxurious office spaces for all your commercial needs. So call our realty experts for a quote today and you can be the proud owner of a premium office space soon. 

Article source: https://article-realm.com/article/Finance/20058-Few-Rules-before-Investing-in-Office-Space.html