Cities around the world, especially in developed and developing nations like India have become the hub places for setting up corporate offices. This is because cities have a much better infrastructure, much more amenities, and a much more robust transport system than towns and villages in any country. The vast majority of the population of any country, especially the youth population, reside in the cities in that country. 

The city of Bangalore in the state of Karnataka in India is no exception to this rule. Finding an office in Bangalore has become a hectic task for corporations of all sizes. Job seekers from all over India are now looking to reside in and around Bangalore amongst other cities in India to hunt for jobs. This is no surprise as 90% of all the companies in India have their offices in metropolitan cities in India.   

If you’re a company executive or an entrepreneur and are currently engaged in finding an office in Bangalore then this article is for you. In this article, we’re going to discuss the factors to consider before choosing an office space for rent in Bangalore so that you can get the most benefits (monetary and non-monetary) from your investment.  

Factors to consider before choosing an office for lease in Bangalore

If you’re looking to lease an office space in Bangalore, the following are the factors that you should consider to get the best value for your money/investment. 

Location of the building

Your office complex should be located such that it is near to or at least at a moderate distance (less than 10 kilometers) from the residences of most of your employees. This will make daily commuting to your office easy for your employees and thereby enhance your employees’ job satisfaction which in turn will substantially reduce your attrition. 

The size of the office complex and your office space

The size of your office complex and your office space should be in accordance with your team’s size. There is no point in buying or leasing a large office space that’s way bigger than your current team’s size. It’s just a waste of money. 

Also, if you lease a small office space that can hardly accommodate your large team, then too it will lead to congestion and employee frustration will build over time, which will be counterproductive for your company. So, choose the size of your office complex and your office space wisely.   

Have a well-facilitated and good-looking office

Your office space should have all the facilities that your team requires. That is imperative lest your team members will not be able to do their work efficiently and effectively which will result in many kinds of losses for you. 

Additionally, it would help if your office space is swanky (modern and stylish). This will instill a sense of pride among your team members and will motivate them to produce high-quality work. 

An office space that is clean, well-facilitated, and has a beautiful ambiance can uplift the mood of your employees and even stimulate them to come up with creative solutions to official problems/tasks. You want your office space to positively contribute to the well-being and productivity of your employees, don’t you?  

Affordable and flexible costing

This is one of the most important tips for renting an office in Bangalore. You must lease only those office spaces that you can afford to pay rent for. The rent that you pay must include the charges for the facilities available in the office as well as the office space’s maintenance charge. 

You must also be able to give up the office space whenever you want. Kindly do not enter into costly and unfavorable contracts that keep you bound to a particular office space/complex for years on end. 

Coworking spaces in Bangalore are desirable in both these aspects. The more affordable and flexible the rent payment method for your office space is, the more monetary and other benefits you’ll be able to derive from it. 

Networking opportunities

If you rent an office space in a co-working space, your office complex will have a good mixture of private office rooms, meeting rooms, conference rooms, stages where employees of companies give speeches about their company’s event or any industry-related topic, and co-working spaces where your employees can interact with the employees of other companies and exchange ideas if required. This will broaden the spectrum of your employees and change their outlook for the better.   

Top-notch security and privacy

In a world that’s built on and driven by data, data security is of paramount importance. Data on the internet can be protected by cybersecurity software but data in physical files and papers needs to be locked safely and monitored and guarded by various means. 

Your office space should have at least one security personnel and several surveillance cameras to enable you to monitor and guard your office space adequately. Video footage captured on surveillance cameras can serve as concrete proof in the event of a burglary or any crime committed by your office staff. 

The video proof provided by your surveillance cameras can be used to claim your insurance or lawfully punish your misbehaving staff. Your office space should also have adequate private office rooms and meeting rooms to privately discuss official matters with your staff. After all, you don’t want your private official matters to be known to staff from other companies, do you? 

Our Take

As technologies in all the fields under the sun evolve continuously, ever more companies in various industries will emerge. As a consequence, Bangalore office space availability will shrink rapidly in the near future. Therefore you must follow the above-mentioned guidelines to secure the best locations for office space in Bangalore and to derive the maximum possible monetary and non-monetary benefits from your investment/lease expenditure. 

FAQs

• Which areas in Bangalore have the highest density of office complexes and IT parks?

Posh areas in Bangalore like Electronics City, Whitefield, Koramangala, Marthalli, and Bagmane have the highest density of office complexes and IT parks in Bangalore. Only look for office spaces in these localities if you have sufficient working budget or working capital.  

• Which areas in Bangalore are prone to traffic congestion and water logging?

Madivala, Hebbal, Inner Ring Road, Koramangala, and Whitefield are some areas in Bangalore that are prone to traffic congestion and water logging due to rains. Your company staff residing in these localities should ensure that they allot 30 minutes extra time for daily commuting to reach your office on time and should drive carefully if they ride two-wheelers.

• Which areas in Bangalore have excellent bus or metro rail connectivity?

Central Bangalore, Indiranagar, Domlur, Shantinagar, Koramangala, Electronic City, Bagmane, Sampige Road, Mysore Road, Frazer Town, Whitefield, and Marthalli localities have excellent BMTC bus or BMRCL rail connectivity. 

Your company staff should prefer these localities to reside in as public transport is plentiful and cheap in these areas of Bangalore. Daily commuting to your office will become easier for your company staff if they reside in these areas. 

• Which is the most preferred city in India by IT companies?   

The city of Bangalore/Bengaluru which is referred to as the ‘Silicon Valley of India’ is the most preferred city in India by IT companies. Finding an office in Bangalore has become an uphill task for any company in any industry in Bangalore. 

The developing infrastructure in Bangalore, its improving public transport connectivity, and the myriad amenities in Bangalore are the prime reasons for IT companies choosing Bangalore to set up their offices.

• Which is the largest co-working space, IT park, and SEZ in Bangalore?

The largest co-working space in Bangalore is Bhive. The largest office complex of Bhive covers a massive area of 27,000 sq. ft. International Tech Park or ITPL is the largest IT park in Bangalore. It covers a gargantuan area of 72 acres. Manyata Embassy Business Park is the largest SEZ in Bangalore. It covers a phenomenal area of 300 acres!