Looking for a space for your business? Have you checked this out yet???

Finding office spaces in any city and especially a metro city can be considered to be one of the toughest tasks with multiple hurdles at each and every step. Every step that one takes seems like a difficulty stage in some kind of virtual game, where it’s a fight to finish after which you gain access to the next level. Acquiring a commercial property is quite cumbersome and it becomes all the more of a hassle when it comes to taking up an office space on rent. The increasing urbanization and industrialization has led to an increase in the demand for commercial spaces in the metro cities and metropolitans such as Mumbai, Bangalore, Pune, Hyderabad, Chennai, Delhi and Kolkata. An important factor for this rise is also the migration of the youth and the working class people from rural areas to the metropolitans. This demand supply chain has led to a sudden increase in the rents and the real estate sector has seen a steep rise.

The commercial properties are coming up in specific zones and sectors in different cities and the overall commercial set up expected to be built in the upcoming couple of years is estimated to be somewhere in around millions of square feet total area with the above mentioned cities getting the major chunk of these commercial zones. Such zones are coming up as complete packages that include all kind of commercial structures that are of public utility such as banks, schools and many more. These all facilities further add to the increasing value of commercial properties and office spaces for rent.

One such area that has flourished to quite an extent is the Bandra Kurla complex located in the heart of the Mumbai Metro. This central suburb has accommodated multiple multinational companies, schools, banks, residential complexes and many of the elite class structures that house numerous offices of the private corporate sector. Among the numerous structures that exist here, the Art Guild House is a unique structure that has recently come up. A six storeyed building with two basement parkings is one of its kind and has earned quite name and fame among the other commercial buildings within the complex. An extraordinary combination of art and business, this structure offers multiple office spaces ranging from 900 to 400 sq. ft. and is one of the milestones by Phoenix Mills Pvt. Ltd.

With the area coming up as the most sought after commercial hub in Mumbai, the Bandra Kurla Complex houses many a buildings which have commercial properties for saleas well as office spaces on rent. Due to the increasing rates of commercial properties and the steep rise in the real estate market, this is the industry where most of the investment is going in as the expected returns in the next couple of years is around 15-25%. The increase in the property rates in the major cities such as Mumbai, Pune, Kolkata, Chennai and Hyderabad is all set to rise and hence the investment in this sector in these cities is a guaranteed way of getting returns.