Why Enterprises are Preferring to Have Office Spaces in Mumbai?
Formerly known as Bombay, Mumbai is the capital of the Indian State of Maharashtra and is also famously regarded as the Financial Capital of India. To many, the city is the urbs prima of India while others call it as the New York of the East. Along with Delhi, the financial capital of India is ranked in the list of the world's most populated cities in 2022.
Mumbai witnessed a significant transformation in the 2003-13 decade in terms of infrastructure, economy, and commercial real estate. Considering the benefits of doing business in the city, many large and medium enterprises are looking for commercial office space in Mumbai desperately.
Mumbai is also famously known as the “City of Dreams/Mayanagri”. It is true that Mumbai has emerged as one of the most popular cities for doing business in India. Many large enterprises and SMEs are looking for professional office space in Mumbai to commence or expand their businesses. Certain factors attract entrepreneurs to get office-sharing space in Mumbai.
Some of the pros of having a managed office space in Mumbai are as follows:
Presence of All Established Indian Banks
Travelling and Connectivity
Two Major Ports
A Cosmopolitan Capital
- Presence of All Established Indian Banks: Commencing or expanding a business in Mumbai or any other metropolitan city requires capital and funds. With the presence of almost every established major financial institution in the city, it becomes easy for enterprises to lease out commercial office space in Mumbai.
- Travelling and Connectivity: One of the major advantages of acquiring professional office space in Mumbai is that it has robust connectivity and transportation. The financial capital of India has five major railway stations and an International Airport (Chhatrapati Shivaji Airport). The Chhatrapati Shivaji Airport is the second busiest and most occupied airport in India. Pune and Mumbai are the two prominent Maharashtrian cities that have become ideal destinations for businesses.
- Two Major Ports: Mumbai offers robust connectivity for trade and business purposes. The Jawaharlal Nehru Port and Mumbai Port Trust are the two major sources that help businesses to import and export goods from India. It is one of the most fascinating factors for the enterprises that are dealing in products and not in services.
- A Cosmopolitan City: The City of Dreams is located on the western coast of India and is made up of seven islands. Marathi is the native language of Mumbai, but Hindi is also widely used by native citizens and English is a must for professional purposes. Mumbai is a cosmopolitan city where people from different parts of India migrate for work opportunities. So, it is not a major hurdle for businesses to fulfill their manpower requirements in Mumbai.
Hence, these are some of the major advantages of renting a managed office space in Mumbai. If you’re also looking for the same then Smartworks can help you find the best commercial office space in Mumbai and other cities of India Including Delhi-NCR, Kolkata, Bangalore, Hyderabad, Jaipur, Indore, Pune, and Chennai. Being India’s Largest managed office space platform, we create hassle-free office space within 30 days.
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