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Coworking vs. Owned Office Spaces: Why Ownership is the Smarter Choice for Businesses in Pune’s City Center

As Pune’s commercial landscape evolves, businesses face a critical decision: Should they invest in an office space or opt for the convenience of a coworking setup? While coworking spaces have gained popularity for their flexibility, owning an office in Pune’s prime business districts offers unmatched financial benefits, stability, and long-term growth opportunities. Here’s why ownership is the smarter move:

1. Financial Investment vs. Recurring Expenses

Owned Office Space: A commercial property is an appreciating asset, adding to a company’s net worth. In Pune’s central areas like Deccan Gymkhana, Shivajinagar, and FC Road, commercial real estate has shown 6-10% annual appreciation, making ownership a secure long-term investment.

Coworking Spaces: Monthly rentals may seem affordable initially, but costs add up over time. Businesses end up paying millions in rent over years with no asset to show for it.

2. Stability & Cost Control
Owned Office Space: No unpredictable rent hikes or membership fee fluctuations. Once purchased, businesses enjoy fixed costs, enabling better long-term financial planning. Coworking Spaces: Prices can change with demand. As Pune’s business hubs grow, coworking rates continue to rise, making it an unstable expense in the long run.
3. Customization & Brand Identity

Owned Office Space: Businesses can design and brand their workspace to reflect their vision, culture, and professionalism. This enhances client perception and team productivity.

Coworking Spaces: Limited customization, as businesses share common areas and branding restrictions apply. It lacks the sense of permanence and exclusivity that owned offices provide.

4. Business Credibility & Growth Potential

Owned Office Space: A permanent address in Pune’s central business district enhances reputation, trust, and credibility among clients and partners. Businesses with a dedicated space project stability and success, helping them attract investors and high-value customers.

Coworking Spaces: The transient nature of coworking spaces can give an impression of instability, especially for businesses seeking high-profile clients.

5. Potential for Rental Income

Owned Office Space: Not only does an owned property appreciate, but it can also generate passive income by subleasing extra space. This ensures cash flow while building a long-term asset.

Coworking Spaces: No opportunity for revenue generation. Businesses keep paying rent with zero returns.

Conclusion

Why Ownership Wins
While coworking spaces are convenient for startups and freelancers, established businesses aiming for growth, financial stability, and long-term credibility should invest in their own office space. In Pune’s booming commercial market, owning office property in prime locations is an opportunity that delivers lasting value, appreciation, and business success.

Why Owning an Office in Pune’s City Center is a Smart Business Move

For businesses looking to establish a strong foothold, the decision between owning an office and renting a coworking space is crucial. While coworking offers flexibility, owning an office in Pune’s prime locations provides long-term stability, financial benefits, and business credibility. Here’s why investing in office ownership is a smart move:

1. Long-Term Financial Gains

Unlike coworking spaces, which involve recurring rental expenses, owning an office is an asset that appreciates over time. In key business hubs like Deccan Gymkhana, JM Road, and Shivajinagar, commercial property prices have shown steady growth, making it a profitable long-term investment.

Example: Prime commercial properties in Pune’s city center have seen annual appreciation of 6-10%, depending on location and demand.

2. Stability & Control Over Costs

Coworking spaces have variable pricing models that can increase over time, while Owning a space eliminates rent fluctuations. Businesses can enjoy fixed costs, ensuring better financial planning and stability.

3. Customization & Brand Identity

With a dedicated office, businesses have the freedom to customize the workspace to reflect their brand’s personality. From interiors to branding elements, ownership allows complete control over the office environment, unlike coworking spaces, which offer limited customization.

4. Business Credibility & Prestige

A permanent office address in Pune’s central business districts enhances brand image, especially for client-facing businesses. Investors, partners, and customers trust companies with a dedicated, well-established office space over those operating from shared environments.

5. Rental Income & Asset Growth

Owning commercial space also opens up the opportunity for passive income through subleasing. Many businesses invest in larger offices and lease out extra space, ensuring an additional revenue stream.

Conclusion

While coworking spaces suit startups and freelancers, established businesses looking for long-term growth, financial stability, and brand prestige should consider owning office space in Pune’s city center. With Pune’s booming commercial real estate market, now is the time to invest in a strategic business asset.

5 Reasons Why Coworking Space Providers Should Invest in Prime City-Center Real Estate

As Pune’s demand for flexible workspaces continues to surge, coworking space providers need to be strategic about their locations. While suburban areas have their appeal, investing in commercial real estate in Pune’s city center offers unparalleled advantages. Here’s why positioning your coworking space in prime business districts like Deccan Gymkhana or Kothrud can be a game-changer:

1. Premium Location = Higher Demand & Occupancy Rates

City-center locations like Deccan, Shivajinagar, and FC Road are business hubs that attract startups, consultants, and corporate teams. A prestigious address enhances credibility, making it easier to achieve high occupancy rates and premium pricing.

2. Proximity to Business Hubs & Transport Networks

Connectivity is key! Pune’s metro expansion, improved road networks, and public transport hubs make the city center a preferred choice for professionals. A well-connected coworking space ensures a steady influx of members from multiple industries, increasing retention rates.

3. Higher Rental Yields & Property Appreciation

City-center commercial spaces offer higher rental yields compared to suburban properties. Over time, the appreciation of commercial real estate in prime areas ensures long-term investment growth for coworking space providers.

4. Access to a Thriving Business Community

Coworking thrives on collaboration and networking. A city-center location attracts diverse businesses, freelancers, and corporates, fostering a high-value professional community—a key selling point for your space.

5. Premium Branding & Competitive Edge

A high-end location adds brand value to your coworking space, allowing you to charge premium membership fees. Companies prefer prestigious addresses that align with their professional image.

Conclusion:

Where to Invest?
If you’re looking to expand your coworking business in Pune’s prime commercial districts, consider investing in spaces like Gokhale Business Tower (Deccan Gymkhana) or Gokhale Business Bay (Kothrud). These locations offer strategic positioning, high visibility, and premium infrastructure, making them ideal for high-end coworking spaces.

Cost Analysis: Commercial Property Prices & Rental Rates in Deccan

Deccan Gymkhana, a prominent commercial district in Pune, India, has long been recognized for its strategic location and vibrant business environment. This analysis delves into the current commercial property prices and rental rates in Deccan Gymkhana, providing a comprehensive comparison to aid investors and businesses in making informed decisions.

Commercial Property Prices in Deccan Gymkhana

As of 2025, the property market in Deccan Gymkhana exhibits a range of pricing, influenced by factors such as property type, size, and exact location within the area. Key observations include:

  • Average Property Rates:
    • The starting price of properties in Deccan Gymkhana is approximately ₹15,151 per square foot, with an average price around ₹19,296 per square foot. The most expensive properties can reach up to ₹31,052 per square foot.
  • Specific Listings:
    • A showroom with a carpet area of 273 square feet is listed at ₹2.10 crore, equating to approximately ₹76,923 per square foot.
    • Another showroom, offering a larger carpet area of 1,227 square feet, is priced at ₹4.10 crore, translating to about ₹33,417 per square foot.
Rental Rates for Commercial Spaces

The rental market in Deccan Gymkhana is diverse, catering to various business requirements. Notable rental listings include:

  • Office Spaces:
    • A fully furnished office space spanning 500 square feet is available for rent at ₹36,000 per month, resulting in a rental rate of ₹72 per square foot.
    • Another furnished office space measuring 2,600 square feet is listed at ₹2.7 lakh per month, equating to approximately ₹104 per square foot.
  • Shops:
    • A semi-furnished shop with a built-up area of 217 square feet on Fergusson College Road is available for ₹28,000 per month, translating to about ₹129 per square foot.
    • An unfurnished shop spanning 540 square feet in Nehru Nagar is listed at ₹1.5 crore, equating to approximately ₹27,778 per square foot.
Comparative Cost Analysis

A comparative analysis of the available data reveals:

  • Purchase vs. Rental Costs:
    • Purchasing a showroom at ₹76,923 per square foot indicates a substantial initial investment. In contrast, renting office spaces ranges between ₹72 to ₹104 per square foot per month, offering flexibility without the significant upfront cost.
  • Size and Pricing Correlation:
    • Larger spaces tend to have a lower per square foot rental rate. For instance, the 2,600 square feet office space rents at ₹104 per square foot, whereas the 500 square feet space rents at ₹72 per square foot.
  • Location Influence:
    • Properties on prominent roads like Fergusson College Road command higher rental rates, reflecting the premium associated with high-visibility locations.

Conclusion

Deccan Gymkhana’s commercial real estate market presents a spectrum of options for investors and businesses. Purchasing properties entails a significant initial outlay, with prices varying based on property specifics and location. Conversely, renting offers a range of rates, influenced by factors such as size, furnishing status, and proximity to key areas. Prospective investors and tenants should conduct thorough market research and consider their long-term business objectives when deciding between purchasing and renting commercial spaces in this dynamic locality.

Understanding the Return on Investment (ROI) in Deccan’s Commercial Real Estate

Investing in commercial real estate in Deccan Gymkhana, Pune, offers promising opportunities for substantial returns. Understanding the factors influencing Return on Investment (ROI) is crucial for making informed decisions. This article delves into the key aspects affecting ROI in Deccan’s commercial real estate market, providing factual insights to guide potential investors.

Key Factors Influencing ROI in Deccan’s Commercial Real Estate

Property Acquisition Costs:

The initial investment significantly impacts ROI. In Deccan Gymkhana, commercial properties exhibit a range of pricing. For instance, a 2,800 sq.ft. ready-to-use office space is listed at ₹7.5 crore, equating to approximately ₹26,786 per sq.ft.

Another property, a 1,566 sq.ft. office space, is priced at ₹3.5 crore, translating to around ₹22,349 per sq.ft.

These variations underscore the importance of thorough market research to identify properties that align with investment budgets and expected returns.

Rental Income:

The rental yield is a primary contributor to ROI. For example, a pre-leased 960 sq.ft. office space offers a monthly rental income of ₹90,000, leading to an annual income of ₹10.8 lakh.

Similarly, a 1,566 sq.ft. property generates a monthly rent of ₹85,000, resulting in an annual income of ₹10.2 lakh.

Assessing the rental yield relative to the property price is essential for evaluating potential returns.

Occupancy Rates:

High occupancy rates are indicative of stable rental income. Deccan Gymkhana’s status as a commercial hub contributes to sustained demand for office spaces, thereby enhancing occupancy rates and, consequently, ROI.

Market Trends:

Pune’s commercial real estate market has experienced significant growth, with areas like Deccan Gymkhana attracting businesses due to favorable real estate costs and operational advantages over cities like Mumbai.

Staying abreast of market trends aids investors in capitalizing on emerging opportunities.

Property Management and Maintenance:

Efficient management and maintenance practices ensure property value appreciation and tenant satisfaction, thereby positively influencing ROI.

Calculating ROI: A Practical Example

To illustrate, consider a commercial property in Deccan Gymkhana purchased for ₹2 crore, offering a monthly rental income of ₹80,000. The ROI calculation would be:

  • Annual Rental Income: ₹80,000 x 12 = ₹9,60,000
  • ROI Percentage: (₹9,60,000 / ₹2,00,00,000) x 100 = 4.8%

This example demonstrates an ROI of 4.8%, aligning with observed rental yields in the area.

Conclusion

Investing in Deccan Gymkhana’s commercial real estate necessitates a comprehensive understanding of factors influencing ROI, including acquisition costs, rental income, occupancy rates, market dynamics, and property management. By meticulously evaluating these elements, investors can make informed decisions that align with their financial goals, leveraging the robust commercial landscape of Deccan Gymkhana to achieve favorable returns.

Showroom Spaces in Pune: A Prime Investment Opportunity

Pune, with its thriving economy and vibrant commercial sector, is becoming a hotspot for showroom properties. For businesses seeking to establish a presence, investing in showroom spaces in Pune offers a promising avenue. It’s crucial to explore the key aspects and trends shaping this market.

Pune showroom properties are in high demand due to the city’s diverse and affluent customer base. The growing retail sector, fueled by increasing consumer spending and urbanisation, creates a robust market for commercial showroom spaces in Pune.

Showroom Space Design in Pune
The design of showroom space in Pune plays a crucial role in attracting customers. Modern showrooms emphasise spacious layouts, aesthetic interiors, and cutting-edge technology to enhance the shopping experience. Thoughtful design can significantly impact customer engagement and sales.
Best Locations for Showrooms in Pune
The best locations for showrooms in Pune include well-connected areas like Koregaon Park, Kothrud, and Aundh. These locations are known for their high traffic, accessibility, and proximity to affluent residential zones, making them ideal for luxury showroom spaces in Pune.
Pune Showroom Market Trends
Pune showroom market trends indicate a shift towards mixed-use developments and integrated commercial complexes. This trend offers businesses the advantage of being part of a larger ecosystem, attracting a diverse customer base.
Showroom Investment Opportunities in Pune
Investing in showroom properties offers lucrative returns. Emerging business districts and commercial hubs provide excellent showroom investment opportunities in Pune, driven by the city’s economic growth and expanding retail sector.
Showroom Property Management and Leasing
Effective showroom property management in Pune involves maintaining the property, ensuring tenant satisfaction, and adhering to regulatory requirements. Professional management services can enhance property value and operational efficiency.

Showroom leasing in Pune is facilitated by a robust real estate market and supportive business environment. Lease agreements should be carefully negotiated to secure favourable terms and protect investment interests. 

Investing in showroom spaces in Pune is a strategic move for businesses aiming to capitalise on the city’s growing commercial potential. By focusing on prime locations, innovative design, and effective management, investors can achieve significant returns and establish a strong market presence. With Gokhale, you gain access to premium showroom spaces that promise both quality and profitability with the advantage of customisation. Many reputed names across diverse segments, including national and international brands, have chosen Gokhale. You can view our projects and get in touch with us to find an option that is right for you.

Investing in Pune Real Estate: A Promising Opportunity

Pune’s real estate market has emerged as a dynamic and lucrative arena for investors. The city’s blend of rich cultural heritage, educational institutions, and a booming IT sector makes it an attractive destination for both residential and commercial property investments. However, there are some key aspects and tips for making informed decisions in Pune’s property market.

The Pune real estate market forecast for 2024 looks promising, with steady growth expected across both residential and commercial sectors. Factors such as infrastructural developments, the metro rail project, and an influx of IT companies are driving demand and enhancing the city’s appeal.

When considering Pune for property investment, it’s crucial to research emerging localities. Areas like Hinjewadi, Kharadi, and Wakad are gaining popularity due to their proximity to IT hubs and improved connectivity. Investing early in these emerging real estate sectors in Pune can yield substantial returns. Kothrud is another upcoming real estate hub in the centre of the city, allowing our commercial projects to be well-connected.

Real Estate Investment Strategies
Effective real estate investment strategies include diversifying your portfolio and balancing risk. Pune offers various options, from high-end apartments to commercial spaces. Understanding Pune property market growth factors, such as economic development and urbanisation, can help in making strategic investments.
Pune Residential and Commercial Property Investment
For Pune residential property investment, focus on projects by reputed builders with a track record of timely delivery and quality construction. Meanwhile, Pune commercial property investment can be highly rewarding, especially in prime business districts and IT corridors.
Real Estate Investment Risks in Pune
Like any investment, real estate carries risks. Conducting a thorough Pune real estate market analysis is vital to identify potential pitfalls. Market fluctuations, regulatory changes, and economic factors can impact returns. Thus, being aware of real estate investment risks in Pune and mitigating them through careful planning is essential.
Legal Aspects of Property Investment in Pune
Understanding the legal aspects of property investment in Pune is imperative. Ensure all property documents are verified, clear of encumbrances, and comply with local regulations. Engaging legal experts can help navigate the complexities and safeguard your investment.

Investing in Pune’s real estate market offers substantial opportunities for growth. By leveraging market insights, strategic planning, and legal due diligence, investors can capitalise on Pune’s vibrant property landscape. Looking to invest in Pune’s commercial market? Opt for Pune’s trusted name in the segment, Gokhale, equipped with expertise and an exceptional portfolio, which is powered by our legacy of almost 2 decades.

The Future of Commercial Real Estate: Navigating New Horizons

The commercial real estate sector is undergoing a transformative phase, driven by evolving market demands and technological advancements. As we look towards the future, several key trends and innovations are set to redefine this dynamic industry. Here are some retail trends that we, at Gokhale, are closely observing to shape the future landmarks of Pune.
Commercial Real Estate Trends
One of the most significant shifts is the rise of mixed-use developments, which blend residential, commercial, and recreational spaces into cohesive urban environments. These developments cater to modern lifestyles, providing convenience and fostering vibrant communities.
Future of Office Spaces

The future of office spaces is increasingly flexible, emphasising adaptability to meet diverse needs. Flexibility in commercial leases is becoming crucial, allowing businesses to scale their space usage up or down based on current requirements.This trend supports the growing preference for remote and hybrid work models.

Commercial Property Development

Commercial property development is also pivoting towards sustainable commercial buildings. There is a heightened focus on energy efficiency, eco-friendly materials, and sustainable practices. Green buildings not only reduce environmental impact but also offer cost savings and healthier work environments.

Commercial Real Estate Technology Trends

Technology is at the forefront of change, with commercial real estate technology trends driving efficiency and innovation. From smart building systems to advanced data analytics, technology is enhancing property management, security, and tenant experiences.

Innovative Office Designs

In line with these changes, innovative office designs are emerging. Modern work-spaces prioritise employee well-being and productivity through open layouts, natural light, and collaborative spaces. Biophilic design elements, incorporating natural elements into the workspace, are gaining popularity for their positive impact on mental health.

Workspace Trends Post-Pandemic

The commercial real estate post-pandemic landscape reflects a shift towards safety and flexibility. Enhanced sanitation measures, touch-less technologies, and adaptable layouts are now standard features. Employers are redesigning spaces to support social distancing while fostering collaboration.

In conclusion, the future of commercial real estate is bright, with an emphasis on sustainability, technology, and flexibility. By staying abreast of these workspace trends and innovations, developers and businesses can create environments that not only meet current needs but also anticipate future demands. At Gokhale, we are committed to embracing these trends to deliver cutting-edge commercial properties that stand the test of time with our commercial projects- GBB, GBH, GBT, GBC and GBA across Kothrud, Prabhat Road and Deccan. So which one are you choosing?

Karve Nagar: The neighbourhood of culture and the future

The west of Pune is known for its legacy of nurturing the city’s culture, which people are proud of across generations. And while Kothrud is considered the beacon of this value, Karve Nagar has been the neighbourhood that has not just nurtured the cultural richness of the city but has slowly and surely empowered its transition towards the future. A home in this beautiful location, with a rich cultural legacy and smart future, is thus a blessing. And with a Gokhale home, it just becomes more prosperous. So, why should you choose from five fantastic Gokhale projects located at fabulous locations across Karve Nagar? Take a look.
1. Access to peace and prosperity –
While the outskirts of the city have gone beyond hustle and bustle, transitioning into chaos, Karve Nagar has maintained its charm. Its subtle green cover soothes the heart, while the easy-paced lifestyle makes sure that every age group feels relaxed here. What else is prosperity in everyday life?
2. Excellent public infrastructure –
From well-made roads that are equally well-lit to abundant water supply and public spaces like parks present abundantly, Karve Nagar is a haven of urban living, with every convenience and facility enriching the lives of residents here. All five Gokhale landmarks in Karve Nagar thus come with an abundant water supply while offering easy access to public parks.
3. Everything for everyone –
Every member of your family will be easily connected to the destinations that matter to them; that too is of the highest quality. Pune’s most popular schools and colleges are nearby, including Karve Stree Shikshan Sansthan, while every need for daily convenience—grocery, stationery, medical stores, and salons—is there at every nook and corner. A Gokhale home is always a stone’s throw away from all of them.
4. City life in abundance –
The many lawns, restaurants, and banquets on DP Road offer delightful destinations for lifestyle, including Pandit Farms, Vishnuji ki Rasoi, and Mahalaxmi Lawns. On the other hand, all the destinations that Kothrud celebrates are close by for leisure, shopping, and indulgence.
5. The Gokhale World–
With so much in its favour, all one needs now are premium residences that offer an upgraded living experience. And with Gokhale, the choice is abundant. While the stylish elevations catch everyone’s attention, one is literally spoilt for choice when it comes to configurations. From 2 and 3 BHK apartments to 4 and 4.5 BHK apartments and penthouses, Gokhale offers everything in Karve Nagar.
So, if you have decided that Karve Nagar is going to be your address, all you need to do is visit a Gokhale project and confirm your destination. Gangalahari, Agasti, Swamikrupa, Samartha, and Rama Madhav can become your homes in the beautiful landscape of Karve Nagar. Go ahead and take your pick with Gokhale.

Empowering the Rising Pune

Since 2004, Gokhale Group has shaped next-gen global landmarks for new-age Punekars. With over 175+ projects over 20+ locations, our success comes from our understanding of people’s global lifestyle expectations. In an era where urban landscapes are constantly evolving, we stand at the forefront of innovation with our latest initiative RISE, Redevelopment Initiative for Self Empowered. RISE by Gokhale represents a groundbreaking approach to community development, placing the power of transformation directly into the hands of those who call these communities home.

Self-redevelopment is a paradigm shift in the way communities grow and RISE acknowledges the unique character and aspirations of each community, offering a tailor-made solution that preserves the essence of the neighborhood while addressing its evolving needs. Here’s how self-redevelopment is beneficial to you:

1. Community Empowerment –

Empowering residents to actively participate in the redevelopment process fosters a sense of ownership and pride. RISE encourages community members to envision the future of their locality and actively contribute to its realization.

2. Preservation of Identity –
One of the key advantages of self-redevelopment is the preservation of a community’s cultural and historical identity. By involving residents in the decision-making process, RISE ensures that the redevelopment project reflects the unique essence of the area.
3. Cost Efficiency –

Self-redevelopment often proves to be more cost-effective compared to traditional approaches. With RISE, communities can allocate resources more efficiently, ensuring that every investment aligns with the specific needs and priorities of the residents.

4. Enhanced Quality of Life –
As communities actively engage in the redevelopment process, the result is a living space that caters to the well-being and aspirations of its residents. Improved infrastructure, green spaces, and amenities contribute to an enhanced quality of life for everyone.

We, at Gokhale, recognize that successful self-redevelopment requires a multidisciplinary approach. Our team of experts brings together professionals with diverse skills, including urban planners, architects, engineers, and community development specialists. Here’s how our team will assist in the RISE initiative:

1. Comprehensive Assessment –

Before embarking on the redevelopment journey, our experts conduct a thorough assessment of the existing infrastructure, community needs, and future aspirations. This holistic approach ensures that the redevelopment plan is not only efficient but also aligns with the values of the community.

2. Customized Solutions –
RISE isn’t a one-size-fits-all solution. Our team collaborates closely with residents to develop a tailor-made plan that considers the unique characteristics and requirements of each community. This ensures that the end result is a living space that resonates with the people who call it home.
3. Project Management and Execution –
Gokhale’s expert team takes the lead in project management and execution, overseeing every aspect of the redevelopment process. From securing necessary approvals to coordinating construction activities, we ensure a seamless and efficient transformation.

RISE by Gokhale embodies our commitment to sustainable and community-centric development. By empowering residents through self-redevelopment, we envision vibrant, thriving communities that serve as models for the future of urban living. Together, let’s rise to the occasion and shape a better tomorrow for our neighborhoods.

Get in touch

CTS No. 104, Plot No. 61, Opp. Income Tax Office,
Off Prabhat Road, Erandwane,
Pune – 411 004

email

sales@gokhaleconstructions.com

phone

+91-9020 24 9999
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