Buying or Leasing? Which is a Better Option for Commercial Offices in Delhi?

Delhi being the National capital is mostly liked by all in order to build up their own capital. You think of settling down your personal business or might be in a mood to celebrate your prosperity by expanding your business, but, the first thought arresting your mind must be whether to buy or lease your commercial occupancy? Well! Neither of the options is bad, both have their pros and cons, in fact it depends upon your nature of business, duration it is planned for and above all your budget that decides whether to lease or buy your would be commercial space. Below mentioned are some elucidations for the same must be–rent vs buy

  • Follow your budget – If you are a beginner and are in the phase of settling down your business than buying your office space may become costly for you, as your business may have many other needs in the initial stage, then investing a huge amount in buying office space can be risky for you. Thus, leasing could be a better option for you in the preliminary stage of your business, but you can of course buy a commercial office once you are well settled in your business and hold a handsome amount as your running capital.
  • How long do you plan to stay in the same business location? – Researchers compare the gain and loss in leasing a commercial office with that of buying it and found that, buying a commercial space would cost more if you stay in the same location for 7 years or less than 7 years. Thus, first be satisfied with your work location if it suits your work culture and purchase your professional property once you plan to settle down there permanently.
  • Plan your ahead’s – Even if your pocket allows you and location suits your business still you must give a concern over the fact that, do you want to spent money in purchasing your office or would like to invest the same in expanding your business?

Thus, buying and leasing commercial offices in Delhi, both could be beneficial depending upon the requirement of your business.

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