How much does an office space cost in Bangalore?

19,500 per month for a 300 square-foot office for one person, if you rented commercial space. But the average monthly rate per person for a serviced office in OMR is just Rs….2. Serviced office rates in Bangalore.

How much should startups pay for office space?

$3000 per month for 1200 square feet. So now we know how much startups pay for office space. If you have enough revenue or have raised enough capital to have 10 employees, your startup can expect to pay around $6,100 in rent per month.

How is office space calculated?

To estimate how much space you need for your next office, multiply your employee headcount by the number of square feet per employee that best fits your density needs. For example, a 25 person company with average space requirements would need an estimated 6,250 square feet (25 people x 250 sf/employee).

How much should a company spend on an office?

Generally, I like to recommend budgeting $500/employee/month for a nice office as I’m a big proponent of the office being a direct reflection of the company and its corporate culture. So, for a startup with 30 employees, $6,000/employee/year results in an office space budget of $180,000/year.

What is startup cost?

Startup costs are costs paid or incurred in connection with investigating the creation or acquisition of an active trade or business or creating an active trade or business. Expenses of investigating the creation or acquisition of a trade or business are known as investigatory expenses.

What is the biggest IT park in Bangalore?

International Tech Park
International Tech Park commonly known as ITPL is a tech park located in Whitefield, Bangalore. It is the largest IT/ Tech Park in Bangalore which includes 450,000 square foot Park square mall, several sporting arenas and the Vivanta by Taj hotel.