Setting Up an Office in Delhi NCR: Leasing Guide

Office Leasing for Growing Businesses

Your first office lease is a significant commitment. Here is what to know before signing.

Location Strategy

Near your talent pool (IT companies near tech corridors, consulting near business districts). Within client-visit distance (if clients visit regularly). Metro-accessible (essential for employee commute, reduces parking needs). Options range from premium Gurgaon Cyber City to value plays in Noida Sector 62.

Lease Terms to Negotiate

Lock-in period: push for 1-2 years (landlords want 3-5). Escalation: cap at 5% per year (some ask 15%). Fit-out period: negotiate 1-3 months rent-free for interior work. Maintenance charges: clarify what is included. CAM (Common Area Maintenance) typically runs Rs 15-30/sq ft/month in grade-A buildings.

Space Calculation

Plan for 70-100 sq ft per employee (desk, chair, circulation). Add 20% for meeting rooms, pantry, server room, and common areas. A 20-person team needs approximately 1,800-2,400 sq ft carpet area.

Alternatives

Managed offices (Awfis, WeWork): no capex, plug-and-play, flexible terms. Virtual offices: legal address without physical space. Hybrid: small core office + co-working memberships for overflow. Browse office options in Gurgaon and Noida on Infratyke.