A fully furnished office facility of 13700 square feet is available for immediately for rent, complete with workstations, cabins, and a conference room. Ideal for business organizations. Access to all forms of transportation is simple. The structure offers the necessities. corporate businesses, a bank, food courts, and a branded showroom are all nearby. Additional information: There is dedicated security available round-the-clock. For this property, a separate electricity/water meter is available. It is being monitored via CCTV. A partial power backup is available. Kondapur is a rapidly developing suburb located in the western part of Hyderabad, Telangana, India. It has become an attractive location for renting office space. Kondapur has evolved into a significant commercial and IT hub with numerous businesses, startups, and corporate offices operating in the area. It is close to major IT parks like HITEC City, Cyber Towers, and Raheja Mindspace, making it a convenient choice for tech companies. Kondapur enjoys good connectivity to other parts of Hyderabad through well-maintained roads and public transportation. The area offers a wide range of amenities, including restaurants, cafes, banks, and shopping centers, making it a convenient place for employees. You can find a variety of office space options, from coworking spaces to traditional office buildings, catering to different business needs. Kondapur’s continued growth and development make it an ideal location for businesses looking to establish a presence in Hyderabad. While rental costs vary, Kondapur often offers competitive prices compared to some other prime commercial areas in Hyderabad. When considering renting office space in Kondapur, it’s essential to conduct thorough research, visit potential spaces, and review lease terms to find the right fit for your business requirements.
1. What is the demand for commercial space in Kondapur?
According to a corporate statement, Hyderabad accounts for 14.2 percent of the total available office supply in the top six markets as of June 30, 2023. By March 2024, the percentage is anticipated to rise to 15.5%, suggesting a solid prognosis for the nation’s commercial office sector.
2. Is Kondapur a costly region in Hyderabad?
In Kondapur, the typical rental price ranges from 14000 to 57000 rupees. The neighborhood has 250+ upscale properties with rents over โน25,000/month, 20+ mid-segment buildings with prices between โน19,000 and โน25,000/month, and more than 20 cheap houses with rental values under โน19,000/month.
3. Why is Commercial space better than residential space?
Higher return on investment: Commercial properties tend to outperform residential properties over time, both in terms of revenue and valuation. Additionally, it’s simpler to increase the value of commercial properties, which could make it simpler to justify raising rates.
4. Why to make an investment in Kondapur?
In contrast to neighboring neighborhoods near to Gachibowli and Madhapur, Kondapur also provides open plots. Because of the residential expansion in the neighborhood, commercial real estate is also highly active. Apartments and villas in gated communities are the most common housing alternatives in Kondapur.
5. What amenities are typically offered in office spaces in Kondapur?
Common amenities include high-speed internet, meeting rooms, printing and scanning facilities, coffee/refreshment areas, 24/7 access, and reception services. Some premium spaces might offer additional perks like gym access or event spaces.
6. What is the notice period for terminating a lease or contract?
The notice period for terminating a lease or contract can vary. In coworking spaces, it’s typically shorter, often one month. For traditional offices, it may range from one to three months. It’s crucial to review the terms of your specific lease agreement.
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