Selecting a commercial space for rent in Chennai for your business/ startup or work can be a laborious task. Of Course, hiring a broker is worthwhile, but a little bit of background knowledge can be conducive in saving time and money.

Choosing a Commercial Space for Rent in Chennai

June 26 , 2020

Selecting a commercial space for rent in Chennai for your business/ startup or work can be a laborious task. Of Course, hiring a broker is worthwhile, but a little bit of background knowledge can be conducive in saving time and money.

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 Also, workspaces influence the work efficiency of employees. In fact many reckon them tactical for growth. Therefore, we shall be cognizant of the different available choices of office space for rent in Chennai and the various aspects that must be considered before choosing a commercial space for rent in Chennai.

Types of Office Space for Rent in Chennai

Office space for rent in Chennai can be costly or cheap depending upon the type of space being rented as well as the locality. You can choose a private office space in Chennai or consider a coworking space for rent. Similarly, virtual office space in Chennai can also be contemplated upon depending upon your requirements.

  1. Private Office spacePrivate office spaces are popular among those who value privacy and have a large business to meet the costs. Spaces with the capability of bearing one to five people are also available.  A private office allows you to work with confidentiality with your team. However, private office space in Chennai can prove to be expensive for the tenant. Thus, the budget must always be kept in mind when opting for this sort of space.
  2. Shared office spaceShared office space or coworking office space are spaces that are shared by employees of different businesses and companies. A coworking office space in Chennai online thus has several economical and non-economic advantages. Since the equipment and facilities are shared, the cost of rent is significantly lower than that of private office space in Chennai. Shared office space in Chennai can offer a variety of services such as gyms, cafeteria, kitchenette, etc. at surprisingly low costs. In addition to being economical, a coworking office space in Chennai provides an inspiring work environment, with ardent workers of different companies. The social space and sense of community in a shared office space can be invigorating. The heterogeneous space can allow scope for erudite discussions. While finding a coworking space for rent you must bear in mind that shared office space can hog up a sense of privacy. Thus, the people of the rented coworking office space must have professional qualities in them. If you are a freelancer or a business startup, a coworking office space would be enriching and economical for you.
  3. Virtual office spaceVirtual office spaces are increasingly gaining popularity since they allow workers to work even from distant places. Also, since it consists of ethereal physical rental space, it is exceedingly cost-efficient. Moreover, it allows flexibility in renting amenities, which are essential at a given point in time. Alongside a virtual local presence, virtual offices may or may not include the following:-

    1. Postal address
    2. Makeshift private offices
    3. Impromptu conference rooms to hold face to face meetings.
    4. Fax service
    5. Cloud storage and other cloud services
    6. Online services
    7. Phone number
    8. E-calling services
    9. Email domain
    Considering a virtual office space in Chennai can be a smart choice if your business in a gestation stage and does not demand a meeting with customers daily. You can lease a space momentarily for holding meetings or interviews, while for storage purposes; a permanent place can be rented. Moreover, a virtual office space would allow you to hire employees around the world conveniently.

    Facilities to Consider Before Renting Before selecting an office space for rent in Chennai, you must examine the various services available in the location besides the cost. Elementary facilities like water, clean washrooms alongside the internet and electricity services must be given priority. Additionally, the infrastructure should not be stifling, dull, boring since the environment will have an impact on the employees’ motivation. The locality also must be healthy and safe and secure from thefts and other dangers. Also, you must be attentive to the fact that it is not a remote area, which would cost everyone a fortune to travel. Meal services near the office must also be taken into account. Facilities such as parking too need to be given attention. Lastly, space must not be inadequate since it hinders working, while too generous spaces can be needless money wastage. Since several surveys have proven that workspace can impact employee productivity, and office space must be chosen wisely.

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