Instant Offices Reliance World 18 Feb 09. Market Opportunity Corporates looking for serviced office space with short term lease in prime locations – Speaking.

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Presentation transcript:

Instant Offices Reliance World 18 Feb 09

Market Opportunity Corporates looking for serviced office space with short term lease in prime locations – Speaking to RW for Office space Current Industry Scenario : Economic slow down and growing lay off High property prices in prime office locations High infrastructure costs Bureaucratic delays for legal permissions to set up offices Emerging zones in cities Uncertainty of markets Resulting : In smaller office space In consolidating and optimizing prime office space In holding back Capital expenses In time delays and increased costs to set up offices In testing before Investing In wait and Watch but have presence

Benefits of Renting Instant office** Vs Leasing Own Office Renting RW Instant OfficeOwning / Lease Office Space Ready Availability Need to locate / Finalize & Setup No Brokerage Through Brokers All Infrastructure in place Need to build No Capex involvement only Rental High Capex Investment Pay by use of space Committed to space Leased Short Term rentals Possible Not Possible Common facilities provided ( Toilet, Reprography etc.) To be set up as part of office Locational Benefit – RW in prime areas Availability of prime area is ? Intrinsic benefits of RW instant office very clear **For clarity sake the RW Virtual Office is termed as Instant Office as per Industry terminology

Benefits of Renting Instant office Vs Leasing Own Office Details of Infrastructure Monthly Recurring Expenses Renting RW IO / Month Leasing Office for 3 people work space 300 month (> / month (top 10 cities) 1. Cabin -30 sft Built up area Rs Rs /- Rs / - 2. Work Station – 25 sft / unit 2 units for 2 people Rs Interest on one time expense Nil Rs /- Rs /- 4. Power /Maintenance/House keeping & High speed internet Nil Rs /- Rs / - Total / Rs. Month One time Expenses 1. Security DepositNil Rs / - Rs /- ( 6 months rent ) 2. BrokerageNil Rs /- Rs / - ( 1 month rent ) 3. Store fit out including ITNil Rs /- Rs / - Rs.1000 /sft) Total = NilTotal = /-Total = / - One time cost Common Facilities at RW : Toilet (30 sft), Pantry (30 sft), Repro Facility ( 40 sft) are not charged In order to have 100 Sft carpet area Required for 3 people working space,One would have to acquire a space of 300 sft The common facilities such as Toilet ( 30 sft ), Pantry ( 30 sft ), Repro area ( 40 sft ) Passages and Walk ways (120 sft) Cost Benefit Analysis reflects the Advantage of renting RW – Instant Office over Leasing

Reliance World Fit – To offer Instant office infra Office Use Office InfrastructureFacilities AvailableRoom LayoutStores AvailableIdeal For Instant Office Room Single Seater 1. Single Seater Sqft area 3. PC Connected with High speed Internet 4. Airconditioned 5. Furnished with one Chair and Table 6. Reprography(Printing, Scanning etc.) 240 Stores in 105 Cities Office Use Instant Office Room Single Seater Cabin with 2 facing Chairs 1. Double Seater Cabin Sqft area 3. PC Connected with High speed Internet 4. Airconditioned 5. Furnished with one Chair and Table 6. Reprography ( Printing,Scanning etc) Green Park New Delhi Office Use Interviewing Conference Room Nine Seater 1. Nine Seater Cabin Sqft area 3. One PC Connected with High speed Internet 4. Airconditioned 5. Furnished with nine Chair and Table 6. Plasma TV connected to PC for Presentation 7. VC Facility available 240 Stores in 105 Cities Office Use Client meetings Video Conferencing Conference Room Twenty Two Seater 1. Twenty Two Seater Conference room Sqft area 3. upto 10 PC' s can be Connected with Internet for training 4. Airconditioned 5. Furnished with twenty two Chair and Tables 6. 3 Plasma TV's connected to PC for Presentation 7. VC Facility availabe Green Park New Delhi Meetings Training Online test Work Station seats in lounge area sft Built Up area 3. PC Connected with High speed Internet 4. Airconditioned 5. Furnished with chairs & tables 6. Reprography ( Printing, ScanningCD, Burning copying etc.) 240 Stores in 105 Cities

Reliance World Fit – To offer Instant office infra Instant Office Room Single Seater Instant Office Room, Single Seater Cabin with 2 facing Green Park Conference Room - 9 Seater Work Station Conference Room 22 Green Park, Delhi

Instant Offices, Conference Room / RW B. Can be available on request basis Administrative and Secretarial services For long duration customers Price List for Client * Rates indicated are exclusive of Taxes % extra will be charged Support Services A. Available at all locations on pay by use basis Broadband connectivity for high speed internet connectivity Video Conferencing rooms for point –to-point / Multipoint national and international Copying,Printing,Scanning for making hard copies,CD burning or downloading to memory sticks