Mumbai is one of
the most prosperous cities in India.
From both commercial and financial perspective, it is the heart and soul of the
country. There is no wonder that the city is attracting entrepreneurs from
every corner of the country to cache on the prospects and prosperity it offers.
Amidst the scenario of industrial boom and buzz, what poses a problem for the
businesses is scantiness of office space in Mumbai. Land problem is so acute in
the city that it has contributed to the skyrocketing prices of commercial
properties. In fact, Mumbai is the most expensive city in India and also
finds a rank in the list of costliest cities in the world.
Enclosed by water
on its three sides, Mumbai comprises of seven islands. This kind of physical
composition has left limited scope for expansion which is in turn, responsible
for space constraint in the city. Mumbai is struggling hard to accommodate its
surging population wave. Many people are migrating to the city to earn bread
and butter and that is also adding to population bulge. All these are creating
excessive demand for commercial property in Mumbai and making the space a more
expensive asset for the city dwellers as well as those trying their luck in
this metropolitan city.
Nowadays, the
business houses are slowly making a shift to the suburban areas. This is
because property prices are more competitive in those areas. The big wigs don’t
find it difficult to afford a luxury accommodation in a high-rise of Mumbai but
the same does not spell truer for a medium level commercial house. So when it
comes to buying or renting a property in this busiest Indian city, one should
think about his budget as well as other factors that will be conducive to his
business growth. The most prosperous zones like Nariman Point, Bandra-Kurla
Complex and suburbs like Andheri attract high prices so much so that even a
small space like 150 sq.fit of will cost you a hand and leg. Furthermore, the
land prices are surging almost every month due to increasing demand for
workspaces to open up a new store or new franchise.
Also, in huge
demand is the capital of India,
Delhi. Due to
its financial stability as well as economic reliability, the capital has always
been successful in attracting more business enterprises. This is the reason why
almost every big business house today has set up an office space in Delhi as well. When it
comes to jobs and employments, people are always seen attracted towards Delhi. This state
provides office spaces for both short as well as long term purposes. Also
available are world class facilities inside fully furnished offices. Office
spaces suitable for each and every enterprise are available in Delhi. Apart from these, ‘desks by hour’ are
also available. This means that you only have to pay for the time for which you
are using the office space provided to you. Establishing an office space in Delhi is definitely a
fruitful decision for every business organisation.
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