13 results found | searching for "commercialrealestate"

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  • Jaspercolin
  • Despite a positive quarter ending, a palpable wave of fear has emerged amongst the US banks driven by the looming specter of defaulting CRE loans. Read Jasper Colin's assessment of the major fears gripping the U.S. banking players and risk mitigation measures. https://www.jaspercolin.com/insights #Jaspercolin #datatodecision #FSInsights #Marketwatchdog #commercialrealestate #Sectorsparks #banking
  • kiranjagaha
  • 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
  • kiranjagaha
  • 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 
  • kiranjagaha
  • Coworking Spaces or Offices on Rent in Mumbai? Coworking spaces in Mumbai have gained in popularity at an increasingly fast rate where many have opted to leave the “coffee shop” and even opt out of the more traditional office space for rent, to instead select a coworking space in Mumbai. There are plenty of reasons why one would choose a coworking space over an office on rent in Mumbai, here are some of the common reasons why a company may opt for a coworking space in Mumbai… The company: Consists of just few people to usually no more than 7-8. Requires ready to move in office space with all the amenities. Needs the office space for rent now. Cannot commit to a lock-in period. Does not want to pay for a deposit. Unsure of future growth. Cannot afford a private office space for rent. There are plenty of other reasons, but from our property sites’ experience aggregating coworking spaces in Mumbai and speaking the hundreds of seekers of coworking spaces in Mumbai, the above eight reasons listed above are generally why many opt for coworking spaces over an office on rent in Mumbai. Let’s briefly touch over the points listed above. The cost of a seat at most coworking spaces in Mumbai ranges from 8,000 rupees a month to up nearly 20,000 rupees depending on the quality of the office space, the commercial building and the location. If you have a firm of just a few people then it makes sense to pay the cost per seat instead of getting into a long lock-in period of one to two years for a more traditional office space for rent lease – however, once the firm gets to a certain point in terms of employees, it becomes far less expensive to go with the office space for rent in Mumbai over a coworking space even when considering a deposit and the lock-in period. So, in short, when looking at all costs, it’s relatively inexpensive for a smaller firm to choose a coworking space in Mumbai over a larger firm; whereas, it’s generally more expensive for a larger firm to decide on a Mumbai coworking space over an office for rent. Do note though, that coworking spaces will offer discounts to larger firms that require more seats in one deal (call it fifteen to twenty people plus), but if your firm has enough employees an office on rent would likely be a prudent use of your money. Now sometimes, time is more important than money (not often in India, but it does happen!) where a company needs to move in immediately to an office space for rent that has all the amenities – the company’s employees just have to show up and can get right to work within a few minutes – coworking spaces offer this benefit. For a normal office space for rent in Mumbai, even if it’s fully furnished, it would take minimum a few days to a few weeks to get all sorted from internet to required changes to the office space for rent etc. And lastly, many companies, especially “start-ups” have no idea how fast they will grow (and perhaps how fast they will shrink) so choosing a coworking space is the perfect option given the flexibly that comes with most of the arrangements for coworking spaces in Mumbai. More specifically, an individual/firm can sign up month to month where that is not possible for a leave and license agreement for offices on rent in Mumbai. We’d be interested to hear your thoughts on coworking spaces in Mumbai vs. office spaces in Mumbai. At the end of the day, our commercial property site, Jagaha.com, is committed to connecting businesses with the perfect commercial spaces for their companies to flourish whether it’s a shop, a coworking space or an office on rent in Mumbai. Take a look at any of the properties in Mumbai on our commercial property site form coworking spaces in Mumbai to office spaces for rent in Mumbai and if you require more information, do let us know and we will assist you in finding the ideal commercial space for your business to thrive. Move Forward with Jagaha.com! Inquire on a property you think would match your requirements, visit Jagaha.com for amazing office spaces. You can also reach out to us on call @9029000670 or mail on info@jagaha.com. We are happy to help you! #CommercialProperties #CommercialPropertiesinMumbai #CommercialProperty #CommercialPropertyInMumbai #CommercialRealEstate #CommercialRealEstateMumbai #OfficeSpaceinMumbai #OfficeSpacesinMumbai #RealEstate #RealEstateMumbai #StaySafe 
  • kiranjagaha
  • Coronavirus Virtual Property Tour with Jagaha.com Jagaha.com, Mumbai’s commercial property site & real estate agency, has initiated the option for property seekers to see properties from the safety of their home. A few weeks ago, Jagaha’s Siddhant Thakur had been giving property tours for an established restaurant chain in Delhi that is looking to expand into Mumbai, after showing properties for a few days, the client had to return to Delhi. Soon after, a perfect property fit came up for the F&B client, but given the client had already flown back to Delhi and nobody was on the ground in Mumbai, Siddhant gave Jagaha’s first live virtual tour of a property. For Jagaha’s first virtual tour property, it was a screaming success – the deal is scheduled to be closed this week. Upon that positive outcome for the client and given the coronavirus situation, Jagaha has decided to give their clients that are looking for commercial properties in Mumbai, Thane & Navi Mumbai the option of live virtual tours where Jagaha’s real estate advisor goes to the shortlisted properties and on a live video call shows the properties and goes over any all questions as they come up in real-time. Needless to say, given the Coronavirus, Jagaha’s team has been trained to take all precautions as needed during all tours. Jagaha’s founder, Otis Critchley, noted that “for the greater good & to provide maximum services to our clients especially during these challenging times, Jagaha has rolled out “Live Virtual Property Tours.” We still feel that property seekers will need to see properties in-person for the foreseeable future, but look forward to seeing the outcome of this initiative.” If looking for a shop, showroom, coworking space, entire commercial building, office space, restaurant for either rent or sale in the greater Mumbai metro area, Jagaha.com is your one-stop solution from 100% online in-person verified options to offline, where you will be assigned a commercial real estate advisor in the given location of your search. You can just give us a call at 9029000670 or mail us on info@jagaha.com. #CommercialProperties #CommercialPropertiesinMumbai #CommercialProperty #CommercialPropertyInMumbai #CommercialRealEstate #CommercialRealEstateMumbai #OfficeSpaceinMumbai #OfficeSpacesinMumbai #RealEstate #RealEstateMumbai #StaySafe 
  • kiranjagaha
  • Carter Road – A Place Furnished by God Himself Carter Road, a place located in the heart of Bandra, where sunsets and sunrise play around day and night, cold breezes which meet your body and touches your soul, the winds sound like an old song, a song which is constantly dancing in yours ears, you are suddenly happy and free, like someone just lied to your problems that you are not home, the serene is unmatchable, it’s almost home and hence I say a place furnished by God himself. Apart from this, the place is one the cleanest in the city and holds ecological importance with lush mangroves covering half a kilometre of the area, the locality is very posh, as it has many bungalows, and famous business people and Bollywood families reside there; Ranbir Kapoor, Sanjay Singhania, Sunil Shetty, Tiger Shroff and many more – clearly, they all can’t be wrong! Carter Road - A Place Furnished by God HimselfIt is a tourist attraction, and people from all over Mumbai, let alone all over the world come to Carter Road. The one kilometre stretch has three parks one for adults, one specifically for kids and one dedicated to dogs, yes dogs, amazing, isn’t it? It is popular amongst people of all ages, specially the youth mainly because the vicinity has two colleges, Rizvi college and St. Andrews respectively. The shops on Carter Road are background to millions of selfies, the place is also a shelf to showpieces of exceptional architecture, benches and floor made like a chessboard, a 20 feet bat made entirely of steel is installed in honour of the living cricket legend- Sachin Tendulkar. Whenever restlessness kisses you, whenever you feel the need to ‘feel’ home, go visit Carter Road. It’s not just the shops, it’s the feel of Carter Road that makes it magical. If you “feel” like your business would be a good fit at this special property site in Mumbai take a look at the shops for rent in Carter Road, or for that matter the shops for rent in Bandra West, and you & your firm could land a commercial property in Mumbai at a place furnished by God himself. Move forward with Jagaha.com. Move forward with Jagaha.com. Happy to help with any Mumbai Commercial real estate inquires – contact us at info@jagaha.com or call us on 9029000670. #commercialrealestate #realestate #realtor #commercialproperty #realestateagent #commercial #investment #realestateinvestor #propertymanagement #business #property #investmentproperty #realestateinvesting #entrepreneur #retail #office #broker #architecture #construction #commercialrealestatebroker 
  • kiranjagaha
  • Retail Spaces to Buy or Lease in Malabar Hill Looking to open any restaurant, spa, gym, shops, boutiques, etc. in Malabar Hill? The Malabar Hill district is the highest point in South Mumbai (situated at a height of 50 meters/160 ft) at the northern end of Back Bay offering a spectacular view of Nariman Point and the “Queens Necklace” (lights along Marine Drive). It is part of the Golden Triangle which entails Malabar Hill, Peddar Road and Nepean Sea Road. Mountstuart Elphinstone built the first bungalow in Malabar Hill while he was Governor of Bombay, between 1819 and 1827. It soon became a posh locality, as it is today. Mumbai’s top tourist destinations are located here: Walkeshwar temple constructed by the Silhara Kings and rebuilt in 1715 and Hanging Gardens, Jain Temple, Banganga Tank and Kamala Nehru Park. Malabar Hill is notably the most exclusive residential area in Mumbai. Houses are among the most expensive in the world: Rs. 60,000+, or US$ 1200+ per square foot. Malabar Hill is the home to several business tycoons and film personalities, and the official residence of “Raj Bhavan”, the Governor; ‘Varsha’, the Chief Minister of Maharashtra; “Sahaydri”, the Government Guest House; “Glenogle”, General Manager of Central Railway (Great Indian Peninsula Railway) and VIP state officials. In September 2013, Malabar Hill had one of the most expensive residential real estate deals of the country. An apartment sold for 57 crores INR at a rate of 1.35 lacs/per square foot. In January 2012, Maheshwari House was (partly) sold to industrialist Sajjan Jindal of Jindal Steel for 400 crores or > Rs. 92,000 per square foot. This makes it the most expensive house ever sold in India and perhaps in the world. The most expensive private residence lies just outside Malabar Hill: Antilla, the 27-storey, billion-dollar tower in Mumbai, owned by India’s richest and the world’s ninth richest person Mukesh Ambani, Chairman of Reliance Industries. RETAIL With one of the wealthiest populations in Mumbai, Malabar Hill’s retail is thriving. Exclusive brand names and designers are everywhere which include Vandana Fabrics, Neelkamal, Lavanya Sarees, AA Living, Malabar Gold and Diamonds and jewelry showrooms such as Flirt, Ensemble, You-Boutique, Zoya – The Exquisite, Paraphernalia and Kimaya. Spas and hair salons include Zazen Spa, Sukho Thai Mumbai Spa, Lakme Salon and Jawed Habib Hair and Beauty. Restaurants include The Sun, Wow and Bake Grill, Dakshinaya South Indian Restaurant, The Cantonese Kitchen, Theobroma, Nini’s Delight, 221B Baker Street and Santosh Sagar. Breach Candy, an upmarket neighborhood on the north side of Malabar Hill, has numerous high end boutiques and shopping centers and one of Mumbai’s best bookshops in Crossword at Kemps Corner. Medical: St Elizabeth Hospital. Pattani Obticians, Noble Clinic (open 24 hours). Schools include Gopi Birla Memorial School, D.Y Patil Pranjali International School, NRP Sheth Multipurpose High School, DSB International School and Sunflower Nursery School. If you are looking for Office, Shops, Showrooms, Restaurants for Rent or Sale in Malabar Hill kindly visit Jagaha.com. Happy to help with any Mumbai Commercial real estate inquires – contact us at info@jagaha.com or call us on 9029000670. #commercialrealestate #realestate #realtor #commercialproperty #realestateagent #commercial #investment #realestateinvestor #propertymanagement #business #property #investmentproperty #realestateinvesting #entrepreneur #retail #office #broker #architecture #construction #commercialrealestatebroker 
  • kiranjagaha
  • 9 Reasons Only Commercial We are commercial experts – our focus is only office & retail properties. Only Mumbai We are Mumbai specialists – our focus is only Greater Mumbai. Verified Properties The Jagaha team personally visits each property to take pictures & video and most importantly to attain the correct information from the owner. One Point of Contact Like a property? Like less hassle? Your property inquires only go to the Jagaha property team and not a long list of brokers, owners & developers etc. System & Interface We built a “best in class” website with a user interface to match. We can’t wait to show Jagaha.com to you! Carpet Clients rarely ask for the built up area, so we created what the clients actually want: Jagaha.com is the only real estate website in India where one can search and view properties via carpet (usable) area. Mapping Jagaha.com pin points the property’s location using Google Maps. Quality Alerts Set alerts for your property search: if there is a new (& as always verified) property that matches your requirement you will be the first to know via email. Services: Start to Finish We have a full commercial real estate team that offers all the needed services to “close the deal” from property consultation and property inspection to legal paperwork and registration. Move forward with Jagaha.com. Happy to help with any Mumbai Commercial real estate inquires – contact us at info@jagaha.com or call us on 9029000670. #CommercialPropertiesinMumbai#Jagaha#MumbaiCommercialRealEstatePortal
  • kiranjagaha
  • Buy Safer and Smaller Office Spaces Buying an office space in Mumbai is not always the easiest job. There are so many things that come to one’s mind when thinking of buying an office in Mumbai. Common thoughts that would come to mind – Will I ever get the desired office I’m looking for? Would someone assist me in finding a good office within the budget I have? Would I get an office in the perfect prime location, with frequent transport facility available closeby? Would it be convenient for my clients to reach me and find me when needed? Would my employees find it convenient to reach work daily? Its good to be excited, but its not good to overthink about too many things. Yes, the thoughts and questions most buyers have in mind are genuine but why do you need to stress out so much. We are here and Jagaha.com does all the work for you. You inquire on a property you think would match your requirement and we are always there with the best options we have matching your requirement. You could also call us at 9029000670 or send in your requirement to info@jagaha.com. Have a look at these five properties that are available for sale in Mumbai & Thane: https://www.jagaha.com/blog/2020/06/buy-safer-and-smaller-office-spaces/. Keeping all those questions & thoughts that one would have in mind I have shortlisted these for today. #commercialrealestate #realestate #realtor #commercialproperty #realestateagent #commercial #investment #realestateinvestor #propertymanagement #business #property #investmentproperty #realestateinvesting #entrepreneur #retail #office #broker #architecture #construction #commercialrealestatebroker #ThaneProperty #CommercialPropertyinMumbai
  • kiranjagaha
  • My Mumbai Office Space Search I just did an office space search in Mumbai on several of the major online India real estate portals – they’ve come a long way over the last few years, but they’re just not there yet. In fact, they are nowhere close to “there” yet. Photos. Many of the properties don’t have photos. If they do have photos most have nothing to do with the property itself, just the surrounding area. The photos tend to be very generous with pictures of other random properties kilometres away from where the office space actually is! I found this to be the norm, not the exception with most of my search results. Here is an example of a very average property post that I just pulled up. Again, this post is rather average meaning I did find better posts on India commercial real estate portals but it’s better than others in that this post 1) actually has pictures & 2) the pictures aren’t complete fabrications. This particular post had 4 pictures, 3 of which were pre-development artistic drawings of the Capital Building in BKC. Now these drawings are typically used to entice buyers to buy before the building’s construction is completed, the problem is that the Capital buildings was built many years ago and a real picture would have been extremely easy to attain. Posting drawings is nothing short of being lazy. The fourth and last picture is one that actually shows the inside of the property, but don’t think that it will be an actual photo of the office space. That would be boring. It’s a close up photo of a rather unimpressive toilet. Amazing right? It would be interesting to hear other people’s search results. If there are any bizarre search results you come across let us know. The Jagaha Team jagaha.com TAGS:#CommercialProperty #Jagaha #MumbaiCommercialrealestate #OfficeSpaceinMumbai
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