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Bengaluru is the 4th most populated city in the country with over 12 million residents and a population density of over 17000/sq. km. Such a population needs to reside, work and run businesses in the area. The rate of growth is only going to increase while the availability of land is limited, causing the demand to go up and the rent to skyrocket, causing offices to proportionately shrink in size.
Being the start-up capital of the nation, there are a lot of small companies that do not enjoy the revenue share to occupy large offices or just don’t need them. This has given rise to the trend of rental workspaces, shared offices, and micro offices.
Micro offices create an intimate environment for employees to work in. Ideal for a startup with a small core team or a handful of individuals, these offices reduce unused space and unwarranted overheads. A large rental space comes with bigger maintenance and sustenance needs, be it ventilation, furniture, lighting, or power besides the heavier rent, which can be avoided if unnecessary.
The success of any business also pivots on location. Having a business address in one of the larger and well-known business hubs adds credibility and brings legitimacy to your business. This instills a sense of trust and confidence in your investors, clientele, and all the stakeholders. It also makes commute and functionality easier for your partners and associates. But the costs of running an enterprise from such a location can be steep and having a shared workspace or a micro-office could be ideal.
Optimization of used space is key to sustaining the current economy, especially for smaller enterprises. Finding the perfect space for your business can be the factor that your success rides on. Find affordable office spaces loaded with all the facilities that you need to succeed at www.hmconstructions.com
Contact us at 888 022 5555. to know more about our commercial & residential projects available.