MNC’s Are Increasingly Finding Advantages in Finding Office Space For Rent in Delhi

MNC’s are steadily looking for office space for rent in Delhi owing to rising property prices and increasingly fierce competition from new age innovators and businesses that are on the brink of making new products and technology that have the potential to be market disruptors as well as serious competition in the event of receiving traditional funding. Historically, MNC’s have always set up big campuses and purchased acres of land to set up mega offices in most metro Indian cities owing to high financial capabilities. Recently though, with the emergence of coworking spaces and shared spaces, MNC’s are increasingly opting for office spacefor rent in Delhi.

With increasingly globalized brand positions and better access to information as well as easier means of doing business, companies are increasingly finding new ways to reinvent business, cut costs, ensure flexibility along with sustainability and keep the competition at bay. Rented office spaces offer the following advantages over purchased offices:

1. Less Capital Commitment

A rented space will in comparison cost much lesser than a purchased space of the same size. The cost benefit can help divert saved financial costs to scaling the business and reaping rich dividends in an ever changing market.

2.   Flexibility

Office space for rent in Delhi offers an incredible advantage of flexibility in terms of how much capital a business would like to invest, the duration for which a business would like to set up offices in a location and the number of employees that can work in a location without exploiting full potential of available resources. Delhi features among the 10 costliest corporate real estate locations in the world and the flexibility can be a boon to organizations.

3. Test Capabilities

India is a very layered, confusing market and it has the potential to break the biggest players if they misread the market or take uncalculated and unaccounted for risks. An office space for rent in Delhi can help companies take risks with very low trade-offs and ultimately, keep refining products and strategies until they can hit the sweet spot for their target audience. It gives organizations an affordable space to make mistakes.

4. Extra Facilities

An office space for rent in Delhi can enable organizations to provide their employees with perks and benefits that may or may not be possible with an owned space owing to a need for standardization across the business premise. Sometimes, a purchased space may be smaller than a rented space, effectively cutting all means to increase facilities intended to boost employee productivity and well-being through activities outside their scope of work.