Serviced Office Market Increasing in India
According to market statistics, business start-ups, professionals, and large companies who are looking to establish a presence or expand their business to India, are increasingly opting to choose serviced office space as opposed to conventional leased office space. Businesses prefer to take advantage of the flexibility of serviced office space that does not require furnishing and an extensive lease but provides a professional business presence with immediacy and location at a reasonable cost.
With serviced office space, a company can opt to stay for a few months, a few years, or even a few hours regardless of whether it needs a full office or virtual presence with a virtual office. Companies can simply enter, sign a simple agreement and immediately start conducting business. This simplicity allows business to concentrate on business development, productivity and profitability instead of detailed logistics of establishing a presence. The company pays for serviced office space on a pay as you go basis with the flexibility of allocating additional space at short notice.
In India, the cost per serviced office space could amount to anything between Rs 20,000 and Rs 80,000 and the market is rapidly beginning to double because it is beginning from a low base of current serviced office availability. According to Avanta, a leading serviced office space provider in the United Kingdom, the trend of serviced offices has significantly increased in India and the company recently launched its first facility at Connaught Place. The demand for serviced offices has increased due largely because of high rental of conventional leased office space.
Avanta predicts that the trend of leasing serviced offices will continue to be on the upswing in India during the next few years and the company plans to expand its portfolio of serviced office properties to accommodate the trend.
To learn more about available serviced office accommodations and the upward trend of increase space availability, contact Move and Stay at www.moveandstay.com .
With serviced office space, a company can opt to stay for a few months, a few years, or even a few hours regardless of whether it needs a full office or virtual presence with a virtual office. Companies can simply enter, sign a simple agreement and immediately start conducting business. This simplicity allows business to concentrate on business development, productivity and profitability instead of detailed logistics of establishing a presence. The company pays for serviced office space on a pay as you go basis with the flexibility of allocating additional space at short notice.
In India, the cost per serviced office space could amount to anything between Rs 20,000 and Rs 80,000 and the market is rapidly beginning to double because it is beginning from a low base of current serviced office availability. According to Avanta, a leading serviced office space provider in the United Kingdom, the trend of serviced offices has significantly increased in India and the company recently launched its first facility at Connaught Place. The demand for serviced offices has increased due largely because of high rental of conventional leased office space.
Avanta predicts that the trend of leasing serviced offices will continue to be on the upswing in India during the next few years and the company plans to expand its portfolio of serviced office properties to accommodate the trend.
To learn more about available serviced office accommodations and the upward trend of increase space availability, contact Move and Stay at www.moveandstay.com .
Labels: avanta, india, serviced office, virtual office
Posted by Moveandstay
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