Commercial leasing is a process of renting commercial space for business purpose. The market for commercial leasing is growing very rapidly in India as the economy is booming and the demand for office spaces, retail shops and other commercial spaces are increasing.
If you are looking for commercial space to start your new business or expand your current business, then commercial leasing is the best option for you.
In this blog post, we will discuss what is commercial leasing in India and how it works. We will also provide some tips on how to negotiate a better lease agreement with the landlord.
Commercial leasing is a process of renting commercial space for business purpose. The market for commercial leasing is growing very rapidly in India as the economy is booming and the demand for office spaces, retail shops and other commercial spaces are increasing.
If you are looking for commercial space to start your new business or expand your current business, then commercial leasing is the best option for you.
In this blog post, we will discuss what is commercial leasing in India and how it works. We will also provide some tips on how to negotiate a better lease agreement with the landlord.
Commercial leasing can be classified into three categories: full service leasing, tenant representative leasing, and broker-owned leasing. Full service leasing is where the landlord provides everything including the property, management, and maintenance.
Tenant representative leasing is where the tenant hires a professional leasing company to help them find and negotiate a lease agreement. Broker-owned leasing is where the broker owns the property and rents it to the tenant.
There are a few things that you need to consider before signing a commercial lease agreement. Firstly, you need to make sure that the property is suitable for your business needs.
You should also inspect the property and check for any damage or repairs that need to be done. You should also have a realistic idea of how much your business can afford to pay in rent each month.
It is important to negotiate a fair lease agreement with the landlord, so you should have a good understanding of the market rates for similar properties in the area.
Here are some tips on how to negotiate a better lease agreement with the landlord:
1. Make sure that you have a realistic idea of what your business can afford to pay in rent each month.
2. Inspect the property and check for any damage or repairs that need to be done.
3. Negotiate a fair lease agreement with the landlord, based on market rates for similar properties in the area.
4. Ask the landlord to provide some basic amenities such as water, electricity, and parking.
5. Get everything in writing, including the amount of rent, length of lease, and any other special conditions.
6. Have an exit strategy in case you need to move out before the lease is up.
The commercial leasing market is growing rapidly in India and it is a great option for businesses who are looking for office space, retail shops, or other commercial space.
It is important to do your research and negotiate a fair lease agreement with the landlord. If you have any questions, please feel free to contact us. Thank you for reading!
Noida is experiencing the same phenomenon as the need to provide commercial facilities is gaining a voice.
To help the people, social infrastructures such as malls, shopping centres, malls, restaurants, and offices are coming up; infrastructural changes such as comprehensive metro and road connections, announcements such as Jewar Airport and Film City are coming up.
With commercial ventures, such as Gulshan One29 in Sector 129, the Noida skyline is shifting.
In Noida, including all developers' projects, there will be an investment of more than Rs 10,000 crore over the next four years in the commercial segment.
Since several commercial projects in Noida are coming up in this area, such as malls, shopping centres, restaurants, office spaces, etc., over the next two to three years, there would be 15-20 percent growth in commercial real estate.
The projects in noida expressway are gaining momentum with retail stores, banquets, multiplexes, and restaurants.
