About Ahmedabad – Gujarat’s Emerging Business and Industrial Hub

Ahmedabad, the largest city in Gujarat, has been undergoing a remarkable makeover and is now fast becoming one of India’s most exciting business and industrial hubs. One of the old textile and manufacturing centres of India, Ahmedabad, has become a busy commercial city with sectors like IT, finance, pharmaceuticals, education, infrastructure and trade. Both India and foreign enterprises have been attracted to this location, mainly because of its prime position and very-easy-to-deal business regulations.

Ahmedabad also plays a significant role in the Gujarat International Finance Tec-City (GIFT City) development, which is the first fully operational smart city in India and the big center of international financial services. This helps it to become a big part of the India’s Global Capability Centers (GCCs), fintech firms, and several other global operations. In the last few years, the city of Ahmedabad experienced a stable increase in the need for Grade A office spaces and coworking setups. The increase is mainly due to the progress in modern infrastructure and the lower operational costs if compared to other metros.

The convenient network of roads and railway, rapidly growing metro lines, and being near the Sardar Vallabhbhai Patel International Airport makes it quite simple to reach. This gives Ahmedabad a competitive advantage in the area of logistics. The public services such as the level of education and the availability of skilled talent from elite institutions like IIM Ahmedabad are the other factors that enhance the city’s attractiveness.

If you are looking to start a new business or grow the existing one, then go for a office space for rent in Ahmedabad.

Office Space for Rent Pricing in Ahmedabad

Ahmedabad is a city that offers a wide range of office space options that are suitable for any startup, SME, and corporate of any size. Office space for rent in Ahmedabad are available at prices that are frequently much less than those in the biggest cities. Office space for rent in Ahmedabad primarily depend on the whereabouts of the place, the kind of the office (coworking, managed, traditional), which includes the facilities. No matter if you like to search for an all-enabled office situated in a high-end business zone, or simply wish to find a shared workspace, Ahmedabad can provide the best solution.

From the top-quality facilities in places like SG Highway and Prahlad Nagar to the time-tested local commercial spots such as Ashram Road the business zones in the city offer a lot of potential for different types of businesses.

Here’s an overview of average office space rental prices in key Ahmedabad micro-markets:

Note: These prices can go up or down, as they are not fixed and depend on the quality of the building (A, B, or C), the level of the floor on which it is, the furniture (bare shell, semi-furnished, or fully furnished), and the extras, like parking area, backup power supply, and security.

Businesses looking for office space for rent in Ahmedabad should also think about the distance to the metro, the availability where food courts and banks are available, and the locals’ opinion. All of these can change the prices.

Best Office Spaces for Rent in Ahmedabad

1. Titanium Business Park – Tower A, Makarba
Tower A, a premium commercial office space that is part of the Ahmedabad business area that everyone is searching for. Developed by Goyal and Co. this project is an ultra-modern building with offices using the latest infrastructure, high-quality materials, and a professional work environment. The area of the office is great for access to the major roads, the corporate world, and also the public transportation system, as it is located in Makarba. The floor space that can be rented is 8,800 sq. ft., unfurnished condition with a lock-in period of 36 months.

2. Titanium Business Park – Tower B, Makarba
Goyal and Co. also, have developed Tower B, which is a solution for the needs of businesses in a fast changing market. It characterizes modern design, great facilities, and excellent interior finishes. This facility is situated in Makarba and has major roads and public transport as its main advantages to travel around the city. The available floor size is 4,700 sq. ft., unfurnished and with a 36-month lock-in period.

3. Titanium Business Park – Tower C, Makarba
Titanium Business Park’s Tower C from Goyal and Co. is the source of modern commercial space that is of premium quality and equipped with the latest in infrastructure. The Park is set in the peaceful area of Makarba which ensures it is very well connected through the most demanding roads. The available floor size is 4,700 sq. ft., which is not furnished and with a 36-month lock-in period.

4. Titanium Business Park – Tower D, Makarba
Tower D is a perfect place for lease to those who are looking for the most excellent commercial places. The site is easy to visit from any part of the town of Makarba, allowing you to be well connected with the transportation and the infrastructure. The only floor size option that is currently available is an empty one with an area of 4,700 sq. ft., which you can use to store your goods. The lease term commitment is 3 years.

Top Locations Where Office Space for Rent in Ahmedabad is Available

Here are some of the most sought-after commercial areas in Ahmedabad for renting office space:

1. Makarba
Makarba is an area in Ahmedabad that is growing very fast commercially, and it is famous for its modern office buildings such as the Titanium Business Park. The place enjoys very good transportation facilities such as SG Highway and buses, tubes, making it a popular choice for IT companies, startups, and corporates that are in the phase of scaling up. As one of the new emerging business corridors, it is located in one of the main city areas for doing business and can also be easily reached.

2. Prahlad Nagar
Prahlad Nagar is a well-known business and residential area that people from corporates have discovered for the high-end office buildings and lively environment. It is a combination of shared workspaces, state-of-the-art business centers, and corporate offices. The area is situated in close proximity to SG Highway, which guarantees very good road connectivity and the availability of many social facilities that are needed and desired overall.

3. SG Highway
The Sarkhej-Gandhinagar Highway (SG Highway) is considered one of Ahmedabad’s best business areas simply because this is where you can find quite a good number of Grade A offices and corporate parks. It is a perfect place for companies that are looking for visibility, modern infrastructure, and convenience of having the airport and other major roads nearby. In particular, SG Highway is the place where most MNCs and finance companies wish to be.

4. Iscon-Ambli Road
Iscon-Ambli Road is close to SG Highway and is becoming the premium business area with top commercial and IT developments. It stands out with its fresh air, fewer cars and is near premium residential areas. There are many companies whose target is a quiet and posh business environment, thus, they prefer this area.

5. Thaltej
Thaltej is quickly becoming a commercial area, in the city of Ahmedabad. It has easy access to the SG highway and the city’s western districts, thus provides space for office spaces of mid-to-premium range. The site is well-suited for companies looking for business facilities without central city’s rush.

Estimated Deposit for Office Space and Commercial Leasing in Ahmedabad

A company deciding upon the office space for rent in Ahmedabad needs to know about the security deposit. Generally speaking, the security deposit in the range of 3 to 6 months’ rent is supposed to be covered. This amount may be different due to the furnishings, the tenure, the popularity of the location, the usage of WiFi, furniture, and/or the existence of some other services such as maintenance.

For instance, if you lease an office for ₹60,000 on a monthly basis in the prime area like Makarba or Prahlad Nagar, the deposit that will be needed from ₹1,80,000 to ₹3,60,000. The case is the same for a private office as well as managed office spaces and the standard commercial lease.

If you decide to lease a part of an office place in Ahmedabad, you should be aware of the deposit terms, refund conditions, and notice period in your lease agreement. This is the point where you can ensure them that there is nothing hidden in the deal and your entire lease term will go without any problems.

Why Choose myHQ to Book an Office Space for Rent in Ahmedabad?

Want an effortless and an assured way to locate your proper office space in Ahmedabad? ANAROCK’s myHQ should be your first-call solution provider in terms of office space needs, be you a lone hand professional, a start-up, or a small business that is expanding. myHQ has personalized listings, leasing options, and the highest quality real estate locations to your best advantage.

Here’s what makes myHQ the smart choice for office space for rent in Ahmedabad:

• Zero Brokerage Fee – Feel free not to think about paying extra or hidden charges. myHQ ensures that you only pay for what you see.
• 100% Verified Properties – Choose only from trustworthy properties, which are screened for safety, quality, and amenities.
•  Your Own Office Consultant – Receive personalized help from professionals who are knowledgeable about your business requirements and financial capabilities.
• Largest Network of Commercial Workspaces – Browse among thousands of alternatives, from coworking seats to even the whole managed office floors.
• Backed by ANAROCK – myHQ is enabled by ANAROCK, which is one of the most trusted and reliable real estate consultancies in India.

Whether you need a single desk or a full floor, myHQ can help you find the right office space for rent in Ahmedabad without the stress.