IT & software space in Mumbai: what to check
IT and software occupiers usually need three things before anything else: dependable power with DG backup, floor plates that take a dense workstation layout, and a building whose approved use permits IT or IT-enabled services. Space in an IT park or SEZ-notified building comes with those already provisioned, while a standalone commercial floor may need you to add HVAC, backup and structured cabling yourself. Rent is normally quoted per sqft per month on chargeable (super built-up) area, with a loading factor over carpet, so compare quotes on carpet before deciding which is cheaper. Fit-out periods, lock-in, escalation every three years and the security deposit — commonly several months of rent for commercial leases — matter as much as the headline rate.
- Approved use in the occupancy certificate permits IT / ITES, not just generic commercial
- Sanctioned power load, DG backup capacity and who pays for common-area HVAC
- Loading factor between carpet and chargeable area, stated in writing
- Lock-in, fit-out rent-free period, escalation clause and deposit terms
- Car and two-wheeler parking ratio per 1,000 sqft leased