67 results found | searching for "Jagaha"
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Is the Real Estate Sector Turning Gold as an Investment Asset? Investors invest in various types of assets such as real estate, gold, stocks, mutual funds, fixed deposits and many such sectors. At a certain point, gold was a preferable investment asset. But recently we have seen people started investing more in the real estate sector, even more than the stock market or gold as prices of the stock market are going in a downward trend where the gold prices are going to new heights and real estate at a reasonable rate. According to the reports, 35% of the investors choose to invest in the real estate sector, 28% prefer gold, 22 percent in fixed deposit while only 16% percent would invest in the stock market. This report clearly shows the tendency of the market if going towards the real estate market. Considering this Jagaha is providing various options for commercial properties for sale in areas like Mumbai, Navi Mumbai and Thane. The reason why people are considering investing more in real estate is stability, while in a previous blog we saw how IT companies are looking for big office spaces which means more people are seeking rental properties which makes it a regular return on a certain investment. Stocks on the other side do highly depend on the market or what are the changes happening in the current world. Especially after the lockdown the market has crashed and is going in a downward trend. This has pulled many investors in the real estate sector to maintain stability on the income they are getting. The post-COVID era is expected to bring up a scenario in the real estate market very difficult from the one earlier. Larger projects with office spaces, retail stores and more common amenities are expected to rise. It would be a good area for developers to explore as the commercial sales would increase and for investors as a number of localities are starting to emerge as profitable for investing in real estate. Considering this Jagaha is now providing safety fit-outs with D-Jagaha to know more about this inquire now on +91 7718811032 or Mail – D@jagaha.com -
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How the Retail sector is starting to operate in a new normal A couple of months has been a tough time for all the people across the world in terms of shops, offices, and restaurants. every sector that needs a physical presence over there. People have just forgotten or in other words afraid of going to malls in these tough times. The developers are coming together to restart these sectors in every part of the country. Malls recently started in Mumbai and other nearby areas have certainly seen people going to malls but not at that level. How malls have picked up all across Mumbai : After being closed for more than 5 months which has never happened in Mumbai the retail sector is certainly starting to pick up the pace. People are preferring a big footfall to avoid the spread of infection. There are certain protocols followed while entering a mall the person has to go through thermal screening temperature check he has to have the arogya setu app installed on their phone. The food courts in the malls are closed but still, people are slowly and slowly starting to go to the malls. Having recently opened the malls are not advertising anything regarding the malls being open. The authorities are focusing on how many tenants open their place and even the retailers are facing workforce issues. These issues will be solved slowly as the entire city is restarting one way or the other. Shops for rent in Mumbai are actually hard to find but seeing the opportunities right now people should definitely see the future profit in these times. Good things happening after lockdown for retailers : People are coming with a more focused mindset in the malls not to just roam around, take the things they need and leave the public area as soon as possible. Due to this thing we have seen fewer people in malls but the highest conversion rate. Every person visiting a mall right now is definitely there for a reason to buy something which is a huge positive side compared to earlier days where people just visited malls for change of weather or just to spend their free time. Most of the people according to the sources are seen in the evening and they exactly know what they have to buy. The retails sector is expected to return to normalcy by end of the year. Category-wise performance : After the lockdown retailers will have immense traction towards the grocery, electronics, kids wear, health and beauty sector. The only sector that is a bit struggling is restaurants and dining, people are preferring to eat at their homes rather than having to dine in for a meal. Future of malls or retail sector? Mall owners and retailers have to collaborate with each other so that they can connect with the customers and provide them the services they need more efficiently and safely. And that’s, when we come in Jagaha now, not only provides you with the commercial space you always wanted but is also providing interior design solutions to make your commercial property feel & look amazing. D Jagaha is offering preventative coronavirus designs, fit-outs. To know more about the details inquire now on info@jagaha.com or you can also contact us on +91 – 9029000670. -
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Is the Real Estate sector going under digital change? During tough times it gives rise to new creation and innovation; it is the same situation for the real estate sector. The Covid-19 pandemic and lockdown after lockdown have resulted in more pressure for real estate companies all over India. The firms are finding innovative solutions to their problems which will help them continue their business. For eg. (Webinars, Virtual inspections, Online meetings) One of the biggest reasons there is a downfall in transactions or deals is unable to visit the commercial property. Jagaha is providing a walkthrough from youtube videos to actual virtual inspections. Jagaha has more than 35,000 properties live on the site from office space for rent to shops and restaurants which provides various options for the buyers. Many such webinars and e-launches are conducted just to keep the market in an economic flow. People expected to markets to certainly crash during this pandemic but it was not as bad as it was expected. All these methods are certainly being accepted by people and increasing day by day. In this world and time, people who are willing to buy these commercial properties certainly have internet services that make the process easier and hassle-free. Instead of going through all the options including those that are not according to their requirement they can filter out properties as they need at one go. At Jagaha as you can see all the properties are 100 % verified and listed by the owners which makes the process much faster in terms of the property inspections and deal closer. In order to maintain social distancing and following the rules, online sales have taken a big boost and Jagaha has already adapted these changes from one-click inquiry to actually seeing the property through youtube videos and having verified information and images makes it more reliable for the customers to trust with their information. The trend of virtual inspections and deals is expected to be even after the post COVID world and people will slowly but surely adapt to all these situations. To know more about Jagaha.com or for any inquiry pls contact on info@jagaha.com or you can call us at +91 – 9029000670 -
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Negotiating Office Space in Mumbai Are you and your firm looking to find an office space for rent in Mumbai? Well, this blog post goes thru the process of negotiating price when renting an office in Mumbai and surely will be useful especially to those who have minimal experience in this domain. The first thing to know, is that practically every office space for rent in Mumbai is negotiable. And if you want to put a number to it, we’d say over 99.9% of landlords would be willing to come down from their asking price of their Mumbai office. And why is this? Well, it’s certainly part of Indian culture to negotiate for pretty much everything and negotiating on price for an office space on rent in Mumbai is no different. With that said, landlords and developers offer their Mumbai office spaces for rent at higher rates than the going rates as they are well aware that they will be negotiated down by the future tenants. Now the question is how much is one willing to negotiated down… there is no straight answer, but 5% is usually very doable and 10% often times is as well, but once you start entering the teens, it gets a bit more difficult to pull off the negotiation for that office space in Mumbai your firm has its eye on – it is possible nevertheless. On a side note… as a property site, Jagaha.com must post the price that is given to us by the Mumbai real estate developer or owner. It is important to know that nearly all prices on our property site will be negotiable given the above. In addition to just the monthly price of the office space rentals in Mumbai, there are other components as well that can affect one’s monthly rent, namely: a deposit given (which is generally 3 months rent but can be as low as one month and as much as a full year’s rent) and advance rent can be given. The higher the deposit given for your next office space for rent in Mumbai, the more wiggle room you and your company will have in negotiating a lower monthly rate. Do note, that in Mumbai commercial real estate, the deposit amounts do no accrue any interest. However, compared to other places such as the United States, it’s more common practice for the tenant to get back the full amount of the deposit back. There will almost always be a deposit needed for your traditional office on rent in Mumbai. Giving the owner of office property in Mumbai advanced rent is another way to reduce one’s monthly rent payments. Advance rent can be given quarterly, semi-annually or even annually. Similar to a deposit, the more money you give the office space owner the more wiggle room you will have on reducing the monthly rent for your office space in Mumbai. And the last strategy aside from the straight negotiation of the monthly rent, the deposit and advanced rental payments for your next office on rent in Mumbai, is to sign a multi-year lock in deal – again similar to the advanced rent and deposit, the more years you lock in for, the better leverage your firm will have in negotiating a lower rental price for your Mumbai office. We hope the above helps you prepare for negotiation with your landlord for that office space in Mumbai of your dreams. We have a full team of Mumbai commercial real estate professionals that can help you thru the entire process from shortlisting properties in Mumbai from our property site to negotiation to closing the deal. Thank you in advance for choosing our commercial property site, Jagaha.com. TAGS: #CommercialOfficeSpacesinMumbai #OfficeSpaceinMumbai #PriceNegotiation #RealEstateMumbai -
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Sign & then Inspect! When we started our Mumbai commercial real estate agency more formally during the back-end of 2017 we informed clients of our fees if we closed a deal, but would not have anything in writing. We were under the impression that ‘your word is bond,’ well unfortunately there were just a couple of instances that made us change our procedure prior to the inspection. These few events have just made us stronger, better & more professional! We got our idea from a few of our delinquent clients that would take far too long to pay and/or would try to re-negotiate after the fact, where the response for these few would be ‘you don’t have anything in writing.’ Well now we do. Recently we have required all clients to sign a confirmation of brokerage prior to the inspection (all existing clients that have not signed will have to sign, sorry, but it is nothing personal and has to be done). The result has been overwhelmingly positive. Needless to say, nearly all clients feel that the benefits of finding the right space far outweigh the cost the amount of brokerage that we charge. The fees are the standard rates in Mumbai: 1% for resale properties & for rental properties: 1 month to 3 month brokerage depending on the duration of the contract tenure, some going over 10 years. The proof is in the numbers, till date, over 96% of clients sign the form. And mind you, at Jagaha we don’t do 10-20 inspections a months, we are Mumbai’s most active commercial real estate agency with 100-200 inspections per a month! For those looking to buy a commercial property in Mumbai or to rent one, before any inspection with Jagaha’s commercial real estate agency you will have to sign our confirmation form and surely you will understand now why! Again, we loved the idea of having your word being ‘bond,’ but it just doesn’t work perfectly from our experience. Having said that, most clients have been a delight to work with, but the slightly more than just a few bad apples have forced us to change our policy. In closing, we write this to better explain why we have implemented Jagaha’s requirement to sign the form prior to inspection. We look forward to your company “Moving Forward” with Jagaha.com. And thank you in advance for choosing our property site for your Mumbai commercial real estate needs. If looking for investment in commercial real estate in Mumbai or even looking for commercial properties for rent in Mumbai, Thane or Navi Mumbai – please feel free to contact the team at Jagaha.com! You can give us a direct call on 9029000670 or mail us on info@jagaha.com TAGS:#CommercialProperties#CommercialRealEstateMumbai#Jagaha#MumbaiCommercialProperties#OfficeSpaceforRentinMumbai#www.jagaha.com -
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How to find Restaurants for Rent in Mumbai? Find a suitable location. Our suggestions would be Bandra West, Khar West, Juhu, Andheri West, Powai, Navi Mumbai, Thane, Colaba, Nariman Point, Lower Parel to name a few. Find a building where the respective building’s society will allow for a restaurant space. Will the building allow gas cooking, if so, there needs to be a fire exit (a second exit). If only require electrical cooking for prepared food (think Starbucks & Cafe Coffee Day), no fire exit is required, but will need permission for the electrical cooking. If serving non-veg food, one will need to make sure that the property owner and the building society will allow you to serve meat. If serving alcohol, it’s best to find a restaurant for rent in Mumbai that already has a liquor license, but this is more expensive and the opportunities are rare. Do be prepared to apply for a liquor license, either one for beer & wine or one for hard liquor as well. And make sure the restaurant for rent is 500 meters away from national highways and state highways. Make sure that the property has a suitable water connection. This one seems obvious, but you’d surprised how many commercial buildings in Mumbai do not. If you find a restaurant for rent on a terrace, a minimum of 250 square feet must be enclosed so confirm with the society that an enclosure can be made. You can start your restaurants for rent in Mumbai search at our commercial property site, Jagaha.com. We do offer all services from the beginning of the search until you find and move into your restaurant for rent in Mumbai. We are the only property site that we know of from our research, that actually has called all the shops and showrooms to verify if those properties in Mumbai have the approvals mentioned above to even allow a restaurant for rent. So we have made the first steps and when searching thru our section “restaurants for rent in Mumbai” for instance, you will be able to find those verified properties in Mumbai that have been given the green light by their respective societies to be used as commercial restaurant spaces for rent. When it comes to strategizing which location to choose from, please feel free to contact us directly to talk to someone from our Mumbai commercial real estate team of advisors who would be more than happy to discuss different options in the restaurant for rent space in Mumbai. Needless to say, we would be more than happy to discuss any and all other points regarding finding restaurants for rent in Mumbai, Thane & Navi Mumbai. TAGS:#FindRestaurantForRentinMumbai #MumbaiRestaurants #RestaurantsForRent #SearchRestaurantsForRentOnJagaha -
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Increase Visibility for your Commercial Property in Mumbai Do you own a property in Mumbai? An office space in Mumbai or perhaps a retail space? Are you looking to sell or rent out your commercial space in Mumbai? Jagaha.com, Mumbai’s commercial real estate property site, can help. We understand that increasing our online footprint is of the most importance and hence built a commercial property site to showcase owners and developer’s properties in Mumbai. We also recognize that real estate Mumbai marketing is not complete without offline marketing as well. For selected properties in Mumbai, we go the extra mile and promote the commercial properties offline, by calling realtors to showcase the Mumbai commercial real estate to their clients and by promoting properties to the direct clients that come thru our property site. This has been largely successful as the numbers that we are dealing with at Jagaha.com are much larger than any of our competitors as we are in touch with over 1,500 realtor requirements a month and over 350 direct client requirements a month for retail space and office space in Mumbai. However, we have found a way to increase the inquires for your property by 500%! Now are all the inquiries perfect and genuine, no (but that’s always going to be the case), but there is no doubt about it, this offering that our property site is now providing has increased visibility and with increased visibility comes more inquires and with more inquiries increases the chance of getting a good tenant and landing a good deal for your property in Mumbai. So, what have we discovered? We were actually shocked that such an “old school” banner in the window would be able to generate such interest. We’d like to think it’s the style and the design that has made our banner stick out, or the red colours we chose and of course we’d like to think it’s our growing brand, Jagaha.com, Mumbai’s #1 commercial real estate property site…. Either way, whatever it may be, the inquiries have increased drastically for those that have chosen to be part of our pilot program. With that said, Jagaha.com is now rolling out our banner marketing program to all property owners in Mumbai that have office space or retail space. Needless to say, there is very little point if your property in Mumbai doesn’t point out to the road or foot traffic, so please assess your property to see if it would be a benefit or not. At Jagaha.com, one of our colleagues often says that “we believe to only fill our pockets with money, after we fill your pockets are full” – that couldn’t be more true. We take on the entire cost of marketing your property in Mumbai from the signage to taking photos, videos and uploading your office space or shop/showroom. Let us know if interested in our offline marketing program for your commercial property in Mumbai & a representative will be in touch. So don't wait anymore, contact now, call us at 9029000670 or mail to info@jagaha.com -
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Reduced Rates on Offices for Rent As most of you may know the lockdown has been extended in Mumbai and no one knows what's coming next. However, the good thing is that things are getting back on track and the government has allowed companies to work with 50% staff capacity. We think this is the perfect time for the ones who always wanted to have an office space in Mumbai, start searching! Jagaha.com works daily, and jagaha's property verification team verifies our properties to make sure we have updated price for the properties we are marketing on our portal. Check out these properties that we at Jagaha.com have shortlisted for you for this week. All these properties have reduced rates when looking to rent an office in Mumbai. Don't hesitate and inquire today! 1) https://www.jagaha.com/Property/34316_office-space-for-rent-in-khar-west-1,200-sq-ft 2) https://jagaha.com/Property/62046_Office--for--Rent--in--Borivali--West,--Mumbai--2,000--sq--ft 3)https://www.jagaha.com/Property/13020_office-for-rent-in-goregaon-west,-mumbai-700-sq-ft 4) https://www.jagaha.com/Property/30204_commercial-property-for-rent-in-bkc-2,200-sq-ft 5) https://www.jagaha.com/Property/46342_commercial-office-on-rent-in-andheri-west-3,500-sq-ft Visit www.jagaha.com for other such commercial properties To read the whole article click here - https://www.jagaha.com/blog/2020/07/reduced-rates-on-offices-for-rent/ -
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4 Tips to Sell Your Commercial Property in Mumbai For commercial property owners and real estate agents alike, this blog will be helpful if you are trying to sell your commercial property in Mumbai. The following four points will not only give your property a lot more client inspections, but also make selling your property much easier and more successful than it would be otherwise. 1. Know your property’s worth This is crucial. In a market where real estate is inflated and properties are overpriced (largely due to India’s deep-rooted negotiation culture), having awareness about your own property and pricing it right is very important to successfully sell your commercial property. If you price it too high, it won’t attract too many buyers and if you price it too low, you would miss out on some profits. Which begs the question: How do you know your properties worth? There are two ways: a. Either hire a professional valuer (either private or government professional) or, b. Compare it with other properties who have similar characteristics; for instance: those commercial properties with similar carpet areas, similar building amenities, similar quality buildings, floor level, access to transport (especially trains in Mumbai) and similar neighbourhoods are good criteria to compare & value accordingly. This will give you a good enough understanding of what your property should be priced at. 2. Beautify your property This makes all the difference. A recently painted, well-maintained property will fetch you more than the EXACT same property with crusty paint shaven walls with broken tiles and substandard plumbing work. A small investment and taking care of your property on a regular basis will surely yield a very impressive ROI – it’s worth it, especially since so many properties in Mumbai for sale are not taken care of! Yours will stand out! 3. Market your property well Having a beautiful property is no good if it’s not marketed with the intent to get the right people to visit. Where are these people? They are online. Anyone who wants to buy commercial real estate will first search online and if your property is not online, there’s a whole lot of opportunities to sell that you are missing out on. However, with the rise in property portals being easily accessible to the masses, it is very common for property owners to get a lot of inquiries from uncommitted clients. We suggest you check out property portals which provide verification and free property listings like Jagaha.com which is focused on commercial properties and most importantly filter down the calls and only provide owners with legitimate prospective buyers and not time wasters. 4. Have all your paperwork ready You have priced your property well, beautified it, and marketed it to the right people and now there’s enough people interested in purchasing it on your approval, but you don’t have all the paperwork ready. It’s a complete waste of time for not only you but also the clients who could possibly have other options available. And if you do not want to miss out on a good offer, it is crucial to have all your paperwork ready to make sure the sale process is as smooth as possible. We can almost guarantee that paying attention to these four points will be exceptionally helpful in selling your property in Mumbai and across all of India as well. Also while you’ve made it this far, if you want to know if your property qualifies for a restaurant property or which licenses are required to start a restaurant, this blog will sort out all your doubts. If you have any queries, leave them in the comments or call at 902900670. For commercial properties in Mumbai whether they are office for rent in Mumbai or shops for rent in Mumbai, visit our website www.jagaha.com -
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Expand Beyond Commercial Properties in Mumbai? Our commercial property site, Jagaha.com, launched in April 2016 with our exclusive focus being commercial properties in Mumbai and the surrounding area, namely Thane & Navi Mumbai. We started with only retail shops for rent & sale as well as office space for rent & sale and since then have expanded into entire commercial buildings, commercial showrooms, restaurants and coworking spaces in Mumbai. We have been recently asked by our clients if we will be looking to expand our operations outside of commercial properties in Mumbai to perhaps other commercial real estate localities? From analysing other property sites and other start-ups, we feel that most have expanded too early for a number of reasons and feel at this time that going to another City would be pre-mature (and frankly unlikely this year and even next year). Not to state the obvious, but Mumbai is a huge city and if we are able to be dominant above other property sites for commercial properties in Mumbai from office space for rent to entire commercial buildings for sale – that would be quite the accomplishment and feel that shifting to another locality would make sense then. This dominance would be gauged by online traffic, inquires and by the ability of our Mumbai commercial real estate agents gaining some real market share in regard to transactions for commercial spaces for rent and/or sale in Mumbai, Navi Mumbai & Thane. Jagaha.com is not there yet, so in the meantime, our property site will continue to focus on our objective in being the “go to” for Mumbai commercial real estate. However, given that the question of expanding has come up frequently as of recent, we will be happy to entertain our views of which other commercial real estate hub would our property site expand too…. And would love your input as well. So, if we had to expand to another City in India for our offering of office spaces for rent to shops for sale to coworking spaces etc, we would shortlist the following locations: Pune, Bangalore & Delhi. We find Pune attractive as its in driving distance of Mumbai (if any issues occur, our core team is close by in Mumbai), our property site is already Maha RERA registered and it’s not a massive City like Delhi so we could more easily test out a market outside of our focus of commercial properties in Mumbai. Lastly, Pune is a major market and growing substantially with a number of large IT firms, Banks and Pharma companies choosing to have major operations in Pune. Bangalore is the most attractive in terms of growth and frankly the most exciting given the prospects of the City growing as possibly one of the global hubs of tech innovation. There has already been substantial growth in the Bangalore commercial property market. In fact, in recent quarters the demand for offices in Bangalore has exceeded office space for rent in Mumbai on a per sq. ft. basis. Demand for office space in Mumbai will be more diverse & stable than that of Bangalore which will have ups and downs given its dependence on the well-being of IT companies & tech innovation. The more stable option of all, including even commercial properties in Mumbai, would be Delhi. This is due to the fact that it is the Capital and regardless of what happens, the Capital City (especially for such a large country such as India) will provide the most stable market for Indian properties and of course, commercial properties would be no exception whether considering shops for sale or office space for rent. However, when looking at the potential of future growth, Delhi likely falls short of the two above mentioned commercial property site localities. So… if we had to choose between the three options, we would say that likely our first market outside of Mumbai commercial real estate would be Pune. Pune would likely make the most sense as its smaller and closer and at the same time a substantial commercial property site hub. If you were us, which commercial property site locality would you choose? If you are thinking of getting a commercial property in Mumbai, Thane and Navi Mumbai then do not think too much go now to jagaha.com and choose the property according to your requirement. You can call us directly on 09029000670 or drop us mail on info@jagaha.com. #CommercialProperties #CommercialPropertiesinMumbai #CommercialProperty #CommercialPropertyInMumbai #CommercialRealEstate #CommercialRealEstateMumbai #OfficeSpaceinMumbai #OfficeSpacesinMumbai #RealEstate #RealEstateMumbai #StaySafe
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