Bangalore is known as the ‘Silicon Valley Of India.’ This vibrant city houses thousands of startups and companies, including some of the most successful unicorns in the country.
Bangalore has always been the first choice for new-age startups to open their first dream office. They choose to find an Office Space for Rent in Bangalore to set up their office. But, setting up an office space is not an easy task, especially in Bangalore. Creating a proper real estate strategy isn’t everyone’s cup of tea. There is a lot of research involved in this whole process of setting up an office.
There’s much more involved in this process, from choosing the right office type to the best locations to open an office in Bangalore. You also need to consider many factors, such as the size of the current team, duration of stay, services & amenities, etc.
We have created a comprehensive guide on setting up an office in Bangalore. This guide discusses every step, from choosing the right office type to the best areas to open an office in Bangalore.
Read ahead and check How To Set Up an Office in Bangalore for your startup in 2022.
Factors To Consider While Setting Up Your New Office In Bangalore
Here are a few important factors to consider while setting up your office in Bangalore.
1. Team Size
Many startups are adapting the Work-From-Home concept with time, especially in Bangalore. But, they still offer a choice to their employees to choose between WFH or WFO. If your startup follows the same concept, you need to determine the ratio of employees working from home and office. You should start searching for Office Spaces in Bangalore while keeping your current team size in mind. You need to ensure that the size of the office space is sufficient for the number of employees you are planning to accommodate.
Budget is one of the essential factors you need to consider before looking for office space in Bangalore. When setting up an office in Bangalore, it is important to determine how much you can invest. Most startups choose to Rent Office Space in Bangalore for their office. We assume that you will do the same too. We suggest you set a particular amount for rent rather than focus on paying rent per square foot. This will help you find better options.
Another thing you need to consider is the accessibility of the location you choose. Now, there are multiple locations to choose from. The city of Bangalore is divided into five different districts: East, West, South, North, and Central. While choosing to locate your office in any area, you need to ensure that it is easily accessible. For instance, it has good public transport infrastructure, less busy roads, etc. You need to ensure that your employees are reaching the office without any hassle.
4. Access to Talent
It is a dream for many IT aspirants to work in the top IT companies of the Silicon Valley Of India. There is no doubt that you will never experience a shortage of professional talent in Bangalore. But, it also depends on where you set up your new office in Bangalore. You need to make sure it’s easily accessible for the talent. If your office is accessible, you’ll automatically meet this requirement.
These are some essential factors to consider while setting up an office in the Silicon Valley Of India, Bangalore. Continue reading the next section to know how to set up an office in Bangalore.
How To Set Up an Office in Bangalore for Your Startup
Read the steps to set up an office in Bangalore.
1. Choose the Right Type of Office Space
The process starts with choosing the right type of office space. It is necessary to determine the kind of office space you need before looking for an Office Space for Rent in Bangalore. This could be a challenging task, but we will make it a bit easy for you.
We would suggest you consider a few things first, such as your team size, future expansion plans, and, most importantly, budget. Considering these factors will make the office type selection process relatively more straightforward.
You get a lot more than the typical Private Office Space in Bangalore. You will also find managed office spaces and coworking office spaces in Bangalore. Your needs and requirements will help you determine which one you need for your new office in Bangalore.
You will find different kinds of office spaces in Bangalore. Yet, these are the most common ones.
- Flexible or Coworking Office Space
- Managed Office Space
- Traditional Office Space
1.1 Flexible or Coworking Office Space
Coworking office spaces are also known as Flexible Office Spaces. It is one of the most popular office space types because of its cost-effectiveness. Many startups prefer to Rent Coworking Space in Bangalore as they come under their budget and offer the most flexibility. So, if you also have a small budget or a small team, coworking office spaces would be an ideal option.
You don’t need to sign a long-term agreement with the facility provider in this office space type. The coworking space model works on a per-seat basis. The number of seats you occupy determines your rent.
Coworking office space is different from a conventional office space because several employees from different companies simultaneously share the same office space. They all use the same space to get the work done and leave when the work completes.
Every coworking space provides basic amenities, such as WiFi, printers, conference room, restroom, cafeteria, etc. Many Coworking Spaces in Bangalore offer these amenities, such as 315 Work Avenue. For instance, 315 Work Avenue’s coworking spaces offer more than just basic amenities and services.
1.2 Managed Office Space
Managed office spaces are specially designed for mid-sized companies having a team size of around 50-200. Usually, companies with this team size go with Managed Office Space for Rent in Bangalore. One of the highlighting features of managed office space is that you don’t need to handle anything. You will be assigned a service manager who will organize everything for you.
Many companies opt to rent a managed office space because of its versatility. You don’t need to sign a long-term lease to rent managed office space in Bangalore. You can pay according to your convenience, such as on a month-to-month, quarterly, etc. Generally, managed office space is charged per unit area instead of per seat.
1.3 Traditional or Private Office Space
The traditional or private office space is one of the oldest types of office space. Usually, well-established and larger companies prefer traditional offices. They generally have high budgets and future expansion plans, so they don’t think about anything much. If your company also has a huge team size, more than 200, you should consider traditional or private office spaces.
But, if you want to open multiple offices in different parts of cities, then coworking spaces are the best. Many service providers deal with Private Office Spaces in Bangalore, such as 315 Work Avenue. 315 Work Avenue private workspaces are crafted and designed for small to medium teams with the most flexibility and features.
These are the most common types of office space you will find in Bangalore. First, you need to choose the right kind of office space for your new office in Bangalore. Then, you can easily jump to the next step.
2. Pick From the Best Locations To Setup an Office in Bangalore
The next big step is to choose the best location to set up an office in Bangalore. The entire Bangalore is known as the ‘Silicon Valley Of India,’ not a particular region. You can take an Office Cabin for Rent in Bangalore anywhere, but there are some regions that are perfect for setting up an office.
For instance, MG Road is the perfect location to rent an office in Bangalore, as it is located within the Central Business District. Multiple tech giants have established their offices in the Central Business District of Bangalore. However, this location isn’t affordable for small startups and businesses.
Here are the five best locations for office space in Bangalore:
2.1 Indira Nagar
Indira Nagar is known as the commercial hub of east-central Bangalore. It is one of the best locations for office space in Bangalore. This region has both residential properties and commercial properties. Therefore, it doesn’t have many offices, as it is also surrounded by residential properties. Indira Nagar is well connected to the significant roads and metro stations to travel with ease.
Additionally, the Old Airport of Bangalore also comes in the Indira Nagar. The cost may vary depending on your type of office space. We also have many fully-furnished and amenities-rich Coworking Spaces in Indira Nagar.
Top Companies Offices: Syntel, Spica Software, Adroit Technology, and Visual Web Solutions
Koramangala is another best area to set up an office in Bangalore. This region is divided into a total of eight blocks. Each block has both commercial and residential properties. But the 3rd and 7th blocks have the most number of commercial offices of big firms. Koramangala is also connected to the different parts of the city, making traveling easier. The inner ring road of Koramangala connects with the Hosur road and Sarjapur road.
In addition, Koramangala has the most number of ATMs, and restaurants, which makes it a good place to open an office in Bangalore. The average rental price of commercial spaces in Koramangala starts at INR 55 per sqft. There are a lot of Coworking Spaces in Koramangala.
Top Companies Offices: Flipkart and Swiggy
2.3 Electronic City
Electronic City is one of the biggest IT hubs in Bangalore. It is divided into two phases: Phase 1 and Phase 2. This region lies on Hosur Road and connects with the neighboring state, Tamil Nadu. Also, Electronic City is affordable for small startups and businesses. Electronic City’s commercial property prices vary between Rs 2000 and Rs 2250 for one square foot, and rent could be around INR 38-45 per sqft.
Top Companies Offices: Infosys, Wipro, and Genpact.
Whitefield is located in the eastern part of Bangalore. This place is one of the most popular places to Rent Office Spaces in Bangalore. Whitefield also has many malls and shopping complexes. In addition, this region is also connected with the railway to travel to different parts of the city. Popular companies like TCS and Accenture have their offices in Whitefield. You also get many Coworking Spaces in Whitefield by 315 Work Avenue.
Top Companies Offices: TCS and Accenture
Marathahalli is another one of the Best Locations for Office Space in Bangalore. It is located in the southeastern part of Bangalore near the HAL Airport. This region has commercial spaces as well as living spaces. In addition, it is situated near the major IT hubs of Bangalore. We also have many beautifully crafted and designed Coworking Spaces in Marathahalli.
Top Companies Offices: SION semiconductors, Amadeus Software Labs, and Home Shikari.
Here are some more options based on different parts of Bangalore.
|East Bangalore||Marthahalli, CV Raman Nagar, Indiranagar, and Whitefield|
|West Bangalore||Mysore Road, BEML Layout, and Kengeri|
|South Bangalore||Nagawara, Hennur, RT Nagar, Yelahanka, and Hebbal|
|North Bangalore||Koramangala, JP Nagar, BTM Layout, and Bannerghatta Road|
|Central Bangalore||Domlur and MG Road|
3. Choose a Reliable Workspace Provider
You have already selected the right type of office space and the best location to open an office in Bangalore. Here comes the last step, which is choosing a reliable workspace provider in Bangalore.
Buying land and constructing an office isn’t recommended and feasible for all, especially for startup owners like you. Most startups Rent Coworking Spaces in Bangalore and start from there. Perhaps you would also prefer to rent office space in Bangalore and set up your business there.
This helps reduce the cost and makes the setup process easier. You don’t need to do anything other than pay the rent during this process. Your selected service provider will handle everything. The workspace provider will take care of everything from hospitality to amenities.
However, to get the best experience, you should carefully select the workspace provider. There are many trusted workspace providers to take Office Space on Rent in Bangalore. And one of them is 315 Work Avenue.
315 Work Avenue is your reliable workspace provider with over thirteen properties in different regions of Bangalore, such as HSR Layout, Indiranagar, etc. You can learn more about 315 Work Avenue workspaces and Rent Office in Bangalore with ease.
Setting up an office in Bangalore is easy if you choose to go with the right approach. We hope this comprehensive guide cleared all your doubts regarding opening an office in Bangalore. We also hope this guide on setting up an office in Bangalore helps in every step, from selecting the right type of office space to the right workspace provider.
That’s all for this guide on How To Set Up an Office in Bangalore.