10 Factors Driving The Success of Office Space for Rent in Gurgaon

As per Colliers Research, The National Capital Region, also known as the NCR, should try to maintain its dominance in the demand for the office sector at least for the next five years. With Gurgaon having a considerable share of the office market of our economy, its burgeoning infrastructure and ever-expanding economic activities support a high-demand for the commercial office space for rent in Gurgaon.

Major factors driving the success of office space for rent in Gurgaon are:

1.Robust Metro Network and amazing connectivity- Most of the business districts are well connected with Gurgaon’s metro rail network. All the office locations of Gurgaon are easily connected with the Delhi metro rail network.Easy accessibility is one of the major decision making parameters for occupiers, freelancers, and business houses. The robust metro network is one of the major driving factors of increasing office space for rent in Gurgaon.

2.Reasonable Rental Price- Every business owner is aware of the fact that almost 30% of his business operating costs are attributed to office rentals and maintenance. Startups shun the idea of burning cash by getting huge office spaces. Instead, they constantly look forward to decreasing their rental costs.Business firms and startups wish to stay within their budgets.

3.Technology and Infrastructure- Businesses can not even imagine functioning without good internet connectivity, making this an essential factor for choosing an office space for rent in Gurgaon. Gurgaon office spaces for rent are well-equipped with internet connectivity and great infrastructure.

4.Rapid growth and bright prospects- As compared to the other cities, Gurgaon has a record of rapid growth. With the best and well-managed infrastructure, the chances of a startup or business growing up are greater. Gurgaon not only offers amazing grooming and growing culture for the startups, but it also fits greatly into the commercial real estate momentum to meet the small team requirements. With ever-increasing growth, the scope of increased credibility enhances.

5.High standard of living- Gurgaon is a popular hub for hi-tech, brand-conscious, and fast-paced standards of living. Palatial Bungalows, scintillating duplexes, and increasing demand for commercial spaces have made it a home for foods, clothing, home décor, and fashion brands.Highly skilled people with out-of-the-box ideas aim to invest in Gurgaon.

6.Availability of abundant Civic and local resources- All thanks to the uninterrupted and powerful services from the local and government-run agencies such as HUDA, Gurgaon serves its residents with wide roads, a clean environment, high-speed internet connectivity, mobile connectivity, and seamless electricity.

It is only because of this reason that Gurgaon has become a first choice for setting up a business among the business owners. Don’t you agree that every business loves to enjoy uninterrupted civil services?

7.Migrating skilled workforce- Most of the MNCs and international companies have opened up their offices in Gurgaon. The reason is that many skilled people settle in Gurgaon due to lower rental prices.

Startups prefer to rent an office space for rent in Gurgaon to get skilled labor at a relatively lower price. This helps them in saving costs and lowering their fixed expenses. Employers get access to a larger labor pool in Gurgaon.

8.Gurgaon is very close to Delhi- Real estate is quite expensive in Delhi than in Gurgaon. This partly justifies why MNCs or startups love to rent office space in Gurgaon. Also, Gurgaon is extremely close to the IGI-Indira Gandhi International airport. Further, it cannot be denied that Gurgaon is well-connected with Delhi through a metro.

9.Gurgaon has Cyber City- An accessible location, professional image, convenience, dedicated parking space, cost-effective resources, internet connectivity, best IT support, world-class facilities and services make DLF Cyber City an attraction for the startups to open up their base in Gurgaon.From shopping to food, Gurgaon has everything under one roof!

10.Never-ending modern projects- Last but not least, many modern retail and business projects are coming up in Gurgaon. The real estate market in Gurgaon is never going to stop.Startups can choose the best commercial real estate project available to them and get the maximum returns on their investment.

Lately, many sophisticated and high-end commercial real estate projects boomed in Gurgaon. Developed and designed by reputed builders, such modern and sophisticated projects offer a world-class infrastructure and facilities that will assist any business to flourish and prosper.

Renting an office space in Gurgaon will also help a brand in earning a professional image in the cut-throat competitive corporate world. Moreover, these modern projects have office spaces for rent that are designed to enhance productivity and ensure a comfortable and peaceful workspace with an amiable environment.

Undoubtedly, it is only because of these factors that Gurgaon has risen to heights and will continue to do so.