Choosing an office space is always an exciting, yet challenging task, especially in Mumbai, India’s financial capital, and an incredibly vibrant and bustling city. With a thriving economy and a magnificent business landscape, Mumbai offers up a variety of opportunities for all. Finding the right office workspace in the right location, with the right pricing and lock-in period, requires careful considerations. We’ve made a list to help you navigate this daunting process, and select the ideal workplace solution that suits your business needs:
1. Budget considerations
Identifying how much your business can shell out for a rental workspace is the first step, because this will significantly influence the office space options you can research upon. Striking a balance between cost and features will lead to a quicker workspace selection decision.
- Rental rates
Mumbai’s real estate prices are different for different locations, and prime areas like Andheri and BKC can command higher rents when compared to other areas.
- Hidden fees
Additional costs like maintenance, electricity, parking, utilities, taxes etc. can take you by surprise, and it’s better to include these costs in your calculations from the get go.
- Lease terms
Favourable lease terms can be negotiated when there’s a longer duration of the lease. Flexibility of scaling up should also be taken into consideration when inking this.
2. What’s your requirement?
Prior to commencing your search for the best workplace, you should have clarity on exactly what your business needs. The number of people on your team and the nature of your business play an important part in determining your office space requirements. Do you have frequent in-person meetings? Does your team come into office every day of the week? What are the working hours for your team? This can all help in identifying the number of seats, and overall office space you need.
3. Type of workspace
With a great demand for flexibility in the workspace, Mumbai has seen a strong growth of coworking offices and serviced offices.
- Serviced office
Fully furnished and technologically equipped offices which are ready for immediate use, are perfect for those who want a new workspace quickly, and at affordable rates. Connekt is a workspace provider, with serviced office solutions ranging from 50 to 350 seats in Andheri, with a variety of inventory available at affordable rates. Connekt serviced offices are ideal for businesses who want hassle-free setups, with maintenance, lavish interiors and more completely taken care of.
- Coworking spaces
Flexibility is the name of the game, from scaling up, to coming in a few times a month, to cabin spaces of flexi desks, coworking offices have it all. Connekt coworking space in Andheri East provides 500+ seats with a range of pricing plans, along with 14+ amenities, networking opportunities, gaming zones, conference rooms, event spaces and more.
4. Location
Mumbai spans across residential and commercial areas, and knowing which location you prefer plays a huge role in your decision-making process.
- Proximity to clients and partners
Does your business require lots of meetings with clients or partners? If yes, you must go for a location that is convenient for you, and also them.
- Accessibility
Do your employees live far from the office? If yes, you must check for easy availability of transport options for them, such as bus stops, metro lines or train stations.
- Neighbourhood and vibe
Comfort of your people is very important, and amenities that the neighbourhood can offer is a great add-on. Connekt coworking space in Andheri East has an incredible neighbourhood, with lots of greenery, and their vibrant workspace environment lightens up your workdays.
5. Infrastructure and amenities
Employees’ satisfaction from their workspace is imperative for their productivity. The Grade of the building and its infrastructure must be inviting and reliable.
- External view
Grade A++ buildings are adorned with landscape gardens and rooftops with caféterias, and workplace solution providers like Connekt coworking space in Andheri East base their offices in these locations to provide their members with world-class services and views.
- Amenities
Collaboration areas, gaming zones, phone booths, unlimited hot beverages, high speed wi-fi and more, are much-needed amenities to have fun while at work, and enjoy work life balance. Connekt Coworking Space in Andheri East provides 14+ amenities for their members to enjoy at their workplace.
6. Conduct property checks
Before finalising your workspace, you can conduct a physical inspection, not just of the office, but also the building. You can also check the aesthetics of the workplace, and review the luxuriousness of the office and the building. You can also ask questions about the policies of the workspace, building management, and try and understand how good of a fit the property is for your business.
7. Plan for the future
Consider your business expansion plans and whether you will need to add in more members to your team, so as to identify your future workspace requirements. You can then check in with the workplace solutions provider, and confirm availability of options to scale up from the same location.
Moving forward with a strategic approach can help balance your immediate needs and the business’ future growth potential. If you are on the lookout for a serviced office or coworking space in Andheri Connekt has multiple options across 3 locations in this prime property area. Get in touch with the Connekt team on +91 9136439151 or email on mumbaisales@connekt.co.in We hope you enjoyed reading our article, and find it useful in helping you find the right workplace. Happy Connekting!