Should you buy or lease a commercial property?

If you are planning to make an investment in real estate, and the experience behind them, starting with a new one, you may be obstructed with a decision: to buy or to rent it out. When making this decision, it is necessary to take into account the size of the projected earnings, growth rate, and the regulatory requirements that apply to our business. Buying a real estate property will help you save the cost of a certain amount of time, as well as to take advantage of a rise in real estate prices, but you're going to need more cash yet when you rent a place for business purpose.

The benefits of having a commercial property on lease

- Cash Flow: The cash flows from a purely economic point of view, the commercial space for lease is a good option. If you have a number of new companies and the income from them, only increases, then leasing is your best option. In case of a lease, your down payment is going to be limited to the security deposit and the first month's rent. In the case of a purchase, you are spending, and the value of the property, or at the very least a down payment for the loan, that is usually a pretty high level.

- Property Maintenance: In many cases, the responsibility for the maintenance of the property is of the landlord. If you do not want to take care of the maintenance, and just want to focus on your core business, then commercial retail property leasing may be the best option. The maintenance costs are lower if you lease a commercial property. But if you have a property then it may be significant in costs in order to maintain the structural strength of the building, along with the day-to-day repairs.

- Reclaim Flexibility: You might wish to retain the flexibility and don't get tied up in one place for a long period of time. Commercial retail space leases also provide for a greater range of movement than that of a direct purchase. Moving to a new location, making a commercial property available for purchase might not be a very good choice, especially if real-estate prices are rising.

- Falling Locality Prices: There are localities that are able to witness a decline in the market value of a property. If you are on a property in accordance with the requirements set out in that locality, it is recommended to lease the property rather than buy property in such a location.

5 Must-Have Commercial Real Estate Amenities

When it comes to getting your company signed on the dotted line, and renting out your commercial space, then it all comes to comfort and facilities. What you have to offer, which is not available in a building just two blocks away from yours? What makes you stand out? The expectations are high, and for that you need to impress everyone. Here are 5 of the most required amenities when you pick commercial space for lease.

1. Conference room:  A company might be able to have a conference room but what if they aren't enough for bigger events. Thus, the availability of the meeting room with adjustable sizes is essential to make it convenient for the tenants to schedule and hold more meetings.

2. Reliable, high-speed Wi-Fi internet access:  If your commercial property in Gurgaon does not have free Wi-Fi internet access then you are at a disadvantage. The companies expect their employees to be able to stay in touch with their tech systems, when they are out of the office and when they are looking for a tea-break.

3. Easy access to the parking and transport: Looking for a car parking space? It can be a headache, especially in the larger towns and cities. If you have a solution to this problem, in an underground car parking area or a nearby parking space or a garage, this could be a good selling point. Next, the availability of the public transport system is a bonus.

4. Security measures in place: Security is a fundamental subject for every business. Providing 24-hour security, back-up power generator, and the emergency drills, showcases that you consider security reasons on priority and it means that tenants will feel comfortable and secure in your facility.

5. The retail convenience: Having access to small retail needs can be a true delight for the nearby staff. The right retail space can be a bank, a central supply/e-mail and a dry cleaning service, giving the audience the flexibility to easily manage the business during the breaks and make the most of their precious time in the evening.

You may not be able to provide everything on the list, or if you already have a lot of work. Just think about what amenities are possible if you have properties in Gurgaon or in other regions of the country, as it will cause you to stick out the most. Simple things such as the expansion of the food in your building, upgrades, and social areas, for example, to send a strong signal, so that people will know that you care about their needs and level of comfort.

Reach Pro Group: Ideology and Focus to Build Future Ready Projects

Guided by incomparable excellence, the Reach Pro Group created its place in the world of Real Estate within a short span of time while maintaining transparency, consistency, and commitment. Instead of bragging claims, we allow our work to speak for itself and follow a customer-centric approach as we believe in providing space to show that it is a one-time investment.

Adding Prominence To Future Ready Projects

The group has merged its unrivaled brilliance to the landscape of commercial properties in Gurugram that once started looking conventional. At the end of 2019, one of the highlights of the real estate sector was growth, seen in the commercial segment. Despite the dramatic increase in the number of commercial space in Gurgaon, buildings were empowered by the futuristic vision to meet the demand of being a perfect space while having top-notch convenience to demonstrate the advantage of future-ready projects and this is what Reach Pro Group is focusing on since its inception. Below are a few pointers that will define the plus of being futuristic.

A Prime Location Is The Key

Almost always, the best location is above the wish list of big businesses. Gurugram presents a number of challenges; such as the need to be close to important business regions, available travel routes to work, time spent on travel, access to large spaces, etc. architectural marvels raised by Reach Pro Group are in a position to address many of these challenges. Situated in the heart of Gurugram, our spaces provide a unique working lifestyle to grow. It also helps in enjoying last-mile connectivity. The availability of public transportation system makes travel faster and saves money for many people.

Flexible And Thoughtful Space In Construction

Most large offices are designed to make visitors feel welcomed; instead of powerful closed workplaces, businesses today want a larger, open, or collective setting where people work together, connect and create collaboratively. Reach Pro Group works well for these types of workplaces; large commercial retail property with long columns, without columns, high ceilings, and large windows offer a beautiful exterior view, allowing businesses the freedom to build bespoke genuinely while getting the most out of every square meter.

A Well-Designed Working Environment

A work environment that helps attract and retain talent is all possible because of the way, Reach Pro Group approaches its development, which includes well-lit and open office space for lease in Gurgaon that offers a warm feeling, and the factor which almost everyone in the office enjoys. While businesses are looking for structures that explore these boundaries, they are also more interested in buildings that benefit from the concept of the ‘Futuristic Approach’. We look forward to striking a balance - well-designed commercial spaces at an ideal location, designed to keep operational costs in check, an iconic property with sensible amenities and facilities for the convenience of its employees