Okhla has witnessed great progress in the recent times in
terms of residential buildings, multiplexes, business centers, mall,
recreational centers, hospitals, academic institutions, etc. There is a growing
demand for office space for rent in Okhla as it has become a huge industrial
hub. Most of the people find it easy to rent out a property rather than
investing huge sums of money into buying it. This proves to be beneficial for
numerous reasons. You just don’t have to block enormous sums of capital and
secondly, you can opt out of the agreement as and when you wish in case the
place does not work for you.
There are numerous things that need to be kept in mind before
opting for an office space for rent in Okhla.
1. Premium Rent:
This is a rent which is usually higher than normal. This is on grounds
that your tenant is extremely restless to secure the rented property.
2. Rent Free
Period: Rent free period refers to a term period which is a few weeks or
months. It is in between this time period that the tenant is allowed to
involve the subject premises without an installment of rent. This involves
the following cases:
- Cases in which the resident bears use on matters such as completing repairs or upgrades etc.
- To reflect the economic situations of the tenant.
- By excellence of both the above mentioned cases.
3. Advance Rent
or rent that is received ahead of time: This includes a single
amount of the rent installment that is received by the landlord towards
the start of the lease term, which from that point on wards is divided into
equal proportions over the lease term as against month to month rental
amount to be paid by the tenant. The development sum in most cases depends
upon the city, location of property, sort and the time of lease.
So now when you are aware of the different kinds of rent
agreements, opting for an office space for rent in Okhla is not a cumbersome
task. Just be sure to keep the above factors in mind.
