Be Productive While Commuting, Else Get Closer

We have been in the business for a long time now and if there is one thing we have seen is how businesses became a success and how businesses failed.

Today, we can tell you one thing. How you use your commutation time can easily be one of those factors which can make you highly productive or the opposite of it. While many people think it is wasted time, there are several ways to utilise it for professional gain.


• While travelling, you need to watch out but your ears are not that much used. You can easily listen to radio or digital broadcast. You can, however, ignore entertainment and listen to an audio book or a podcast on what you do. This is especially suggested if you don't drive yourself.

• Reading emails and answering them is another great thing to while travelling. You can easily check your emails and respond to them than to idly sit or stand in Delhi Metro.

• Make your routine for the day. Using smartphone apps, you can prepare your day for yourself and execute ore efficient time management.

• You can utilise it to prepare for any event of the day. If you have a presentation coming up, you can easily go through the slide one more time and proof-read it or think of a better way of presenting it.

However, it is indeed the best if you can cut your commutation time to a bare minimum. For that, you need to choose a location for work where commutation is swift and hassle free. Emporis Commercial Tower is one of those. This is our latest commercial project Emporis Tower in Noida, Sector 140. It is just beside Yamuna Expressway and you know how fast and free of traffic that road is. You can easily go to the nearest metro station and use Delhi Metro Rail's fine and swift service as well.

Source : http://emporistower.weebly.com/blog/be-productive-while-commuting-else-get-closer

Pros and Cons of Leasing an Office Space

In the last blog, we discussed the pros and cons of buying an office space. Like we promised in our last blog, here are the pros and cons of renting an office space or taking it on lease.

Let us discuss the pros of renting an office space first

Best property: As leasing is comparatively cheaper, one can look for the best location and maximum exposure while choosing the office.

More working capital: As your money is not invested in buying the office space, you can utilise a much greater percentage of capital as working capital.

Less paper works: Buying a real estate means a lot of complex and tedious legal paper works. When you lease a property, this amount reduces drastically. You can simply rent the space and then concentrate on more important aspects of your business.

However, like it was with buying the office space, renting the office space also has its cons.
Variable cost: Most of the rent or lease agreements come with the terms that the rents will be increased yearly.

No return of money: When your lease expires, you simply walk out of that property. Unlike an owned office space, you don't get anything from the property. Whatever rent you have paid gave you to enjoy the space for the certain time.

Like Indoworld Emporis Noida mentioned in the last blog, there is no clear cut answer to the office space buying versus renting question. We have some great commercial real estate, Emporis Tower in Noida for your consideration. Take a look at that if you are looking for office or shop space in Noida.

Source: http://panacherealcon.bravesites.com/entries/general/pros-and-cons-of-leasing-an-office-space

How to Decide the Value of a Commercial Price

The price of a commercial property is found out using some simple formula. Using the net operating profit from the property is calculated and this helps us in determining the exact value of the property. So, when you are judging a commercial property, profit and loss statement is what you need to ask your broker. Panache Realcon is one the few agents who provide this statement always to our clients. Like our new project, Emporis Tower in Noida, we will provide every document you will need.

Some brokers might call this profit and loss statement as income properly operating data. Once you have this data sheet, you should then compare these numbers with the numbers you have received from other sources. This comparison is the way to get the real numbers. The problem with commercial properties is that the seller or the agent or the owner tends to exaggerate the income from it. They will also try to minimise the operating income of the property. 

There is an obvious reason behind this. The value of any commercial property is decided based on the net operating profit the property generates each year. The rule of thumb says, for each rupee of increment in operating profit, the value of the property increase by ten rupees. This can be due to increased efficiency which reduces operating expenses or can be from extra rent received. The age of the property also plays a good role in deciding the price.

Once you realise this, that the owner or the seller or the unethical agents will try their best to inflate the profit to get a higher price, you will know why it is so important to research the market before investing in the real estate properties.  Once you have done a thorough market research about the rents in the vicinity or the operating expenses of a similar property in the locality, it will be very difficult for the agent to fool you into a trap.

We, at Panache Realcon, strongly advice you not to only read our documents thoroughly before investing but also guide you to market trends so you can get a realistic view of what to expect from your real estate.