What Makes CoWorking Spaces Ideal for Entrepreneurs

How many new startups do you think India must have added in 2017?

You will be amazed to know that, according to the Nasscom Startup Report India saw an addition of over 1,000 startups last year. Yes, it means 1000 new companies or entrepreneurs. Today, India has the third largest startup ecosystem across the world, amidst mounting competition from countries like UK and Israel.

The new additions take the total number of technology startups to nearly 5,200, making tech-enables or technology startups as the hottest new companies. The country also witnessed a rapid rise in the business with these startups focusing on verticals like health tech, fintech, e-commerce and aggregators.

This comes to the next interesting question of how with restricted finance these new businesses, manage office spaces. With the whopping real estate prices, buying an office space means using funds that can otherwise be used to develop infrastructure, technology, operations, last mile delivery, etc. And if you thought the other option of renting a space was better, then a good location would mean higher rents and that in return, blocking not only a certain amount every month, but also pay an upfront security deposit of three to six months that is over and above the rent. This thus blocks huge funds that can otherwise be used wisely and for more important things.

Therefore, to keep that capital unblocked, we have an option for startups, professionals, small businesses, or any other business, and it is coworking. Welcome to era of coworking or in simple words, shared workspaces. These office spaces address the immediate needs of their customers by offering space options varying from pay-per-day to a limited period, thereby, making them affordable. Not only this, for meetings or a daily permanent space, some even offer conference rooms and fixed spaces for your workforce. These options give flexibility and helps save cost as you decide, what and how much you need.

Want to know more? We bet you do!

Unlike a rented space which comes unfurnished, coworking spaces are non-contractual and require no upfront investment. They come furnished, therefore, making them ready to move and ready to use. They also offer a cornucopia of services and benefits like private cabins, high-speed internet, cafeteria, lockers and much more, thereby, giving companies an atmosphere of a regular office and not of a rented office space.

That’s not all, these are only the basics checked, let’s look at more benefits.

Choose your location is one of the biggest benefits of a coworking space. As these places are located in more than one location, they give flexibility to companies to make their employees work from any of its convenient spaces. Also, the co-working spaces might be located in a prime area that gives solo entrepreneurs or small businesses an access to afford and work out of a prime location. Whereas, if you think of owning or renting an office space, it’s a fact that the rent is primarily of the location and the facilities only later.

One of the biggest advantages of a coworking is to add-on space as you grow. Coworking gives companies an option to keep adding workspaces as and when they increase the workforce and not on the basis of growth projection, which is the case in a rented office space. Also, in case of customer or investor meetings, a coworking area seems to be bigger, is professionally managed and includes basic amenities. Whereas, the latter is restricted to the office space that the company has paid for and service and amenities on its willingness to spend at that time.

Apart from startups, these spaces are a boon for independent workers such as designers, developers and writers, as they work along with several like-minded professionals.entrepreneurs and innovators. The work culture and networking events help people of different backgrounds collaborate on a single platform enabling knowledge sharing and best market practices, thus, making them a conducive work environment

So, thinking of buying or renting an office? Think again. When you have the convenience of a workplace that offer a quiet, professional and a hassle-free environment whenever you want it, why block funds. We say, try a co-working space now and let us know what you think about them on our blog, Facebook or Twitter

Posted in Uncategorized | Tagged , , | Comments Off

Host a Grand Wedding in the Best Venue in Bangalore, ‘The Tamarind Tree’

Escape to the past, to an amphitheatre under the stars, The Tamarind Tree is a place where the old, the new, and someplace magical are crafted into an exquisite tapestry. Welcoming antique doorways lead you in to traditional courtyards, interwoven by cobble-stoned pathways. Frangipani blooms against the filigreed Bandstand. Elegant pavilions and panoramic beauty..

Nestled in a five acre garden of beautiful trees including the original tamarind tree after which it was named, a natural pond, colonial Bandstand, elegant pavilions, and ample open spaces.
From green aisles to granite alters, fluid open spaces, lush green lawns, hidden nooks and corners for intimate conversations to spill over. Two large kitchen spaces with a very special Sheesh Mahal bar and ample food counter space, comfortably accommodate up to 1000 guests. We also have a grand guest house and two villas that can accommodate up to 25 guests. Engulfed in the midst of tropical gardens, the villas feature luxurious bedrooms, open to sky bathrooms, verandahs, outdoor seating, lotus pond courtyards, large water urns, a unique collection of art, antique furniture, and collectibles, The Tamarind Tree compels us to slow down.


Beneath the tree, the soul of the place, lies a natural pond. Old temple steps surround, and a watchful Basava looks upon it.


The Colonial Bandstand is the central wedding arena. A mandapa surrounded by pillars from an India gone by.


The Bride and Groom Villas are perfect serene spaces for the couple to find stillness in the midst of their exciting wedding.


A large bungalow with four plush heritage suites, a lotus pond verandah, and innumerable collectibles.


This is a 23 year old property that has evolved in nature, over time. Once someone’s home, then a restaurant, sometimes a weekend getaway, a convention centre, now offering space for all your events from corporate expeditions to leisure and retreat, it is one of the most understated, yet magical venues in Bangalore. We consider this to be a warm, family run business and one among the best heritage hideaways in India.

Nestled among lush green spaces, the Tamarind Tree inspires imagination during your celebration and stay in the city. Let your senses get engulfed by priceless collection of art, antiques and an amphitheater beneath the stars. The property’s down-to-earth personality is reflected in its architecture, and it is located within an hour of anything that matters in South Bangalore. We would like to contribute in making all your events in Bangalore truly special and magical. At The Tamarind Tree, we treat each event with personal care and attention, just like you would.

Posted in Uncategorized | Tagged , , | Comments Off

Best Property Management Accounting Practices to Stay Successful

What follows are a few tips to help you with your property management bookkeeping, so you can avoid issues and take advantage of what is available.

Be Meticulous with Financial Records

The better you maintain your records, the easier it will be to track what you are doing and provide solid protection in case you are audited. In addition, you’ll be able to see trends and answer common questions about your property investment. This means that you may be able to spot potential issues in the early stages and make plans to counter its effects. In addition, keeping good financial records helps with the following;

- Maintenance Issues

- Market Performance

- Local Market Competitiveness

The more documents you can keep for every transaction, the better off you will be. This is where going digital can really help if you have the proper backups in place.

Create Trust Accounts

You want the funds allocated to running your business being used in the proper way. So, you’ll need to start by creating trust accounts to help you organize and ensure that your money is being spent the right way. Unfortunately, the misuse of trust accounts is the #1 reason why property management companies get audited, so you will need to be careful.

Create one account for security deposits and one account for collecting rent and paying bills for each client. It may not be required, but it will help you maintain separate records that will protect you during the auditing process.

Separate Personal & Company Funds

The right property management accounting keeps your personal funds and those running the company separate. You may be tempted to funnel one into the other, but bringing the funds together is illegal and will get you into trouble. You’ll need to check with local, state, and federal laws, but here are some areas you should know.

- Deposit Funds for the Proper Account

- Withdraw Commissions and Fees from Proper Account

- Set Time Limits on When Funds Can Be Withdrawn

- Do not Mix Personal Funds with Funds from Your Business

By following these simple rules, you can avoid getting into trouble and keeping your funds separated in the proper manner.

Effective property management bookkeeping means that you can build upon your success while minimizing mistakes. In essence, you can avoid basic issues that often plague property managers by simply keeping separate accounts and meticulous records that insure your protection in case you are audited.

Plus, if you employ the right property management accounting practices, you can spot potential issues along with good opportunities to make your business even more money. It does take a little time, but following the right practices brings rewards that you may not see today but will enjoy tomorrow.

Posted in Uncategorized | Tagged , , | Comments Off

Simplify Your Property Investment: Why Oursource Your Real Estate Investing Needs

Are you operating your own rental portfolio? Are you tired of investigating your tenants and checking them out fully to make sure you are getting solid income streams?

Are you trying to find properties where numbers work? Do you think it will be wiser to work out a deal with a professional property manager to limit the liabilities your real estate business is creating?

Are you managing forward-looking assumptions regarding bad debt, delinquencies, concessions, vacancy, rent growth, etc. all impact returns and yields?

Are you embracing technology and don’t know how to start working on your online presence?

Property investing may not be rocket science but you can be bogged down with the various challenges of the day-to-day transactions.

Real estate may be a multifaceted and dynamic industry that evolves quickly and there will always be a handful of problems in such an erratic sector you have to navigate, but dealing with these challenges is not at the top of your list of priorities.

Don’t fret.

You can delegate. You can have your peace of mind.

So you can focus on the most important stuff in your real estate business and free your time working on what you love and what you’re good at, you can delegate two important roles:

Lease Administration
Dedicated Staffing

Yeah, this the smartest way to run your property investing business nowadays.


Why should you outsource your real estate investing needs?

• To simplify your property investment

You can demystify your property investing if you’ve developed a system with a dedicated team to cater to specific tasks. Let property managers do what they’re good at doing. Let the auditing team do the numbers. Let the social media staff work on your online presence. Delegate specific tasks to the right people to get the best outcome possible.

• To allow you more time to focus on what you do best

Since you already have a system and a dedicated team working in the background at the jobs that they’re good at, you now have more time to focus on what you do best. You can’t be a one-man band to do everything. You have your own special skills and talents that are needed in your property investing and it will serve you well to do that.

• To give you the freedom to have a work-life balance

You don’t necessarily have to work hard on your property investing. You only need to work smart. With a sound system in place and dedicated staff, you can also enjoy and get a life.

You deserve to have a work-life balance and you need it to thrive in your business. A sound mind, body and spirit working harmoniously together is the secret to your success. You can’t work smart and not live life. You can have it both… work and live.

Posted in Uncategorized | Tagged , , | Comments Off

Property Upgrades That Payoff

The best income local’s in Bangalore can receive is out of rental properties. But no sugar coating here- the market is risky and has chances of fluctuations. Therefore making changes to the property has a higher chance of letting easily. These simple
changes to the property increase the rental rates and thereby increase your income too. Regardless of whether you claim an apartment suite, townhouse, duplex or single-family home, increasing your income is dependably a high need for an investor.
Executing a decent year-round maintenance agenda is an incredible method to secure your speculation and make sure your leaseholder hasn’t harmed the property; however it won’t really get you as much as possible while going up against different
properties on the rental market. Off course the rental value depends on different properties as the value changes depending on the locality, built up area, number of room and so on. Below mentioned are some of the up-gradations:


Starting from the basic, painting will add a more benefit to the renting value.
Paint affords dramatic consequences with little funding if you decide to lease a professional to do the work.

Updating the Kitchen:

These changes usually offer triple-digit returns remodel. Modern-day families spend maximum of their time inside the kitchen, and so a funding to enhance the look and functionality of this popular room is generally a good one. The important thing: purchase properly first-class appliances and strong kitchen shelves. However do not cross overboard.

Modifying a Bathroom:

Perhaps it is implausible, but Bathroom changes are most of the upgrades providing the lowest payback, returning slightly 50 percent of what you spend. Possibly it is because bathrooms are small, and you do not spend a great deal time there. Bathroom remodels also are pricey, especially on a rectangular-foot basis, and absolutely might not be well worth the excessive price

Basement remodeling:

When you first bought your own house, you likely thought of your basement as a further storage room or even a dungeon. In case you’re promoting your own house, you need to really recollect remodeling your basement. Add some insulation. Upload a few drywall. An addition would be a toilet if you have the budget.

To appeal to a tenant you need to take a thorough look at your property from their point of view. Area/location is always key factor that triggers thinking of the renter and a major factor when they are scanning for a home. Besides that, you’ll have to
investigate what highlights or updates will influence a leaseholder to pay more cash, remain longer and take magnificent care of the property. Wanting to a rent of your choice is less demanding and easier said than done. You can’t request more than the
overall market rate. Consequently, you have to get your homework done before citing a figure. The vital components to consider here will be the area of the house, its size and age. You could likewise list your property with nearby agents and rental portals to comprehend the rate your area asks for. You need to decide on your target tenant — corporate, individuals or family. Renting apartments to individuals/ bachelors are more risky than families because they usually rent for a short period of 11 months and there could be reputation. But, this could get you more rent over anything that families would pay.

With change in the general monetary and employment situation, the middle class has been purchasing second homes. Second homes are essentially a venture. What’s more, can likewise be a wellspring of wage post retirement by method for rental.
What’s even better, the rental market in the private property section is turning upward. But, having a 2 bhk flat for rent in BTM Layout, Bangalore may not generally be a cake walk. You should know about specific parts of leasing your home which numerous home owners may not know about.

RentRupee.com is a property administration organization run by the developing multi-channel E-Commerce platform- Avium Technologies Pvt Ltd. We bargain specifically with forthcoming owners and occupants. We spare your time that you squander commonly stressing over advertising your house rentals, gathering rent, dealing with support and repair issues, reacting to the inhabitant protestations etc. The basic strategy for Rentrupee.com is to target tenants and house owners interested in the rental domain with affordable rental prices in Bangalore region.

Posted in Uncategorized | Tagged , , | Comments Off