What to consider when choosing a perfect wedding venue?

Choosing the perfect wedding venue is easy for some couples-to-be because they selected a favorite place even before they got involved. The options available are overwhelming for many others. It can be a challenge to find the perfect location for the wedding, from churches to hotels to restaurants to castles. Until selecting a location, here’s a guide on what you should think.

1. Number of guests

For your number of guests, you will need to pick a place that is the right size. If the place is too small, it’s going to cramp your guests. If it’s too big, the atmosphere will be dull, and a significant number of guests will appear to have failed to appear. Get a rough figure of expected wedding guests before you start listing potential venues.

2.LOCATION

Study your wedding venue’s location carefully as it can easily put off your guests at your wedding. If there are two different sites to stage your wedding ceremony and reception, make sure they are close to each other. It could make things hectic for your guests if the two sites are more than two hours apart. Think of your venue’s accessibility. If a large number of your guests come from far away, consider choosing a place near an airport that can be easily reached by road. The accommodation should also be available on your premises or nearby.

3. Finance or Budget

Think about your budget when selecting a venue. Ask yourself, “Can I afford this place?” Don’t include venues that you know you can’t afford in your list as this will only result in heartbreak and a waste of time.

4.How hands-on you happen ready to be

The effort you will need to put in will vary from location to location. Consider a place as unique as a barn. You will need to make lighting plans, clear the hay, hit the tables and execute a backup plan, just to name a few. Such a venue or any private rental or marquee wedding is not suitable for you if you are not ready to become hands-on. Go to a hotel with a one-size-fits-all approach, but take off your shoulders a huge weight.

5. Wedding Date

If you have a particular date in mind for your wedding, it may take some time to find places on that date that can fit you. Many sites have digital calendars where on your chosen date, month or time of year you can search for availability. For others, to rough accessibility, you should contact them.

You can find your venue much faster if you are flexible with dates. If you have a dream venue but it’s not available on your day, or you can’t afford it, consider scheduling your wedding for an off-peak time such as November, early December or February. There will be less competition for venues and there will be cheaper prices as well. Although some guests may not be able to attend, you may also consider a midweek wedding.

6. Theme or Style

What kind of event are you looking for? Will it be formal or informal? Do you want something new or traditional? These are just a few of the questions you can ask yourself about your preferred style. You will narrow down your list of potential venues by describing the features you would like to integrate into your wedding. For example, large hotels, castles and stately homes are great options if you want something formal and ornate. Smaller hotels, country houses, barns, and restaurants are more ideal if you prefer an informal ceremony.

7. Parking

The parking area is a vital factor in choosing your wedding venue in this day and age. Make sure there is plenty of on-site parking space. Include a map to show guests where cars should be parked in your invitations. If you don’t have enough parking space in your chosen location, tell your guests about the entry points to nearby parking lots. You may recommend carpooling or provide ferry guests with a shuttle service to the venue.

The best place to find it is waiting for you. Take into account the above considerations and continue to search. You’re going to step into a place you’re going to fall in love within a moment.

Finding temporary spaces on rent for just a few hours has always been a tedious task. Myrsa will help you make this process easier. Also finding temporary parking space for events is also made easy on our platform. Visit Myrsa for all your requirements for temporary space on rent.

December 12, 2019 0

What does Cloud-Based Property Management Software do?

Are you still using spreadsheets to manage your properties?

Is it slowing down your property management software?

Are your servers crashing time and time again? If yes, then it is an indication that you need to upgrade it to cloud-based property management software.

Here are some benefits why you need cloud-based property management software:

1. Cloud property management software allows you to work from anywhere

You’re constantly on the go as a property manager. From customer meetings to inspections to maintenance organizations, your software needs to be accessible from anywhere to reduce downtime and help you find the information you need when you want it.

With cloud property management software, your data is stored virtually in a secure network of servers which can be accessed as long as you have an internet connection. This allows you to log in from anywhere in the world, at any time. You are no longer limited to a single computer, database, location or time zone.

Improved transparency also means easier collaboration. Using the mobile app of the company, you could be on-site performing an inspection and your team member could be in the office writing the inspection report for the same property. This not only enhances productivity, but it also keeps everyone in the loop.

2. You can automate repetitive tasks with Cloud-based management software

If there are many tasks that are repetitive and time-consuming then you can automate them with the help of cloud-based property management software. It includes:

Reconciliation Traditionally, you’d have to download a file from your bank to update your accounts and type each payment manually into your code or table. This may take hours each week, depending on how often you do this and how many properties you control.

Cloud property management software automates many processes for you. Just import your bank file and it will allocate it to different parts of your portfolio automatically. All you have to do is approve with a single click the matched transactions or change the allocation as appropriate.

In fact, if your cloud property management system has bank feeds, you can instantly import your trust account transactions directly from your bank overnight, saving you even more time!

Data backups and software updates If you are using server-based property management software, it is likely that you will spend a few hours each month to back up your data and update your software. This is all done automatically with cloud property management software. So you can say goodbye to downtime and IT expenses related to data recovery and technology upgrades. It’s hours of lost productivity that you get back every month!

Processing and paying bills Some cloud property management software systems make it a breeze to process and pay bills.

Planning inspections When planning your inspection day, you often need to manually determine which properties are due for inspection and then calculate the distance and travel time between properties to determine the most efficient route. You must then manually identify the relevant tenants and prepare notices for inspection. Many cloud software management systems will automate this process to save you time.

Communications By automating your communications, you can save time with cloud property management software. In order to ensure reliability and product continuity, you can set up message templates and triggers based on specific behavior and tasks. For example, customized messages are automatically generated with attached statements once you have disbursed your owners and suppliers. Until sending them off, you can set these to fire automatically or have them ready for preview in your outbox.

3. Some cloud property management software helps you stay compliant

As a property manager, monitoring is tricky. There are many moving parts–you have to comply with regulations, keep track of monitoring activities for your owners, and ensure that any financial operation and contact for audit purposes is tracked and documented.

If you use server-based property management software or spreadsheets, enforcement activities are likely to be manually monitored and stored in large volumes of data each month. This often results in missed assignments or small data entry mistakes that escalate into larger ones that take plenty of time and money to rectify the coming audit time.

4. You can reduce add-ons with cloud property management software

If you use server-based property management software, you are likely to use a number of add-on programs to inspect, track maintenance, send messages, and manage listings. These are multiple subscriptions that you pay for each month, in addition to what you already pay for your server-based property management software.

The team will recall multiple logins, not to mention, and continuously move from program to program to perform regular property management tasks. Meanwhile, to prevent unauthorized access to your portfolio, you need to keep track of various subscription billing cycles and ensure that your team follows best security practices.

You will through add-ons with everything you need to handle your assets using cloud property management technology. Look for a system with comprehensive trust accounting, integrated inspections, and maintenance, inbound and outbound messages, multiple security layers and flexibility to integrate with other programs. That way, every month you can save hundreds (or thousands) of dollars while increasing your efficiency.

5. You can streamline your communications with cloud property management software

Communication is one of the property management’s cornerstones. You track leads every day, coordinate repairs, chase rent arrears, etc., etc. Sometimes it feels like an endless cycle of calls, SMS, letters, and emails that come from a variety of different directions. In addition, your team members have internal noise… that’s where cloud property management software comes in! Through putting together most of these platforms into one forum, it can help you streamline your communications. Send and receive custom emails and SMS directly back to your portfolio, trigger automated notifications based on specific tasks and behavior.

6. Cloud property management software can help you scale your business

If you use server-based software, your growth is often limited as your space is limited. You need to maintain and upgrade your servers to scale up your business, which is expensive and inefficient as your entire team needs to log out of the system.

In comparison, storage is digital and uncapped with cloud property management technology. This allows you to upgrade or downgrade your storage or subscription as required. It’s much more cost-effective because you just pay for what you need.

Furthermore, there is a lot of automation in cloud property management technology that can simplify your workload and improve your performance. Alternatively, you should focus on maintaining friendships and growing your rent roll.

All in all… Here are six reasons why you need cloud property management software: 1. It allows you to work from anywhere 2. You can automate repetitive tasks 3. It helps you stay compliant 4. You can reduce add-ons 5. You can streamline your communications 6. It helps you scale your business

November 29, 2019 0

The future of Co-working looks bright

The coworking juggernaut in India has had unprecedented success over the past few years. This rapid growth has been powered by the groundbreaking change to a more open, affordable and accessible coworking space in the traditional Indian workspace. Coworking itself had transacted around 2 million square feet of commercial real estate in the first half of 2019; well ahead of the 1.8 million square ft in 2018.

Through 2021, the industry is expected to grow 3X, which will lead to huge opportunities for the country’s coworking sector. Coworking has now built itself as a fundamental part of the CRE leasing operation and as an autonomous full-fledged market, offering traditional office spaces a tough competition.

However, the rising entrepreneurial spirit, which also flows into Tier-II cities, is accelerating this tremendous development. It is projected that the Tier II markets will rise to 8.5 mn by 2020. Therefore, given the strong demand and momentum, it has been able to gain, it wouldn’t be an exaggeration to suggest that the best is yet to come for a segment that is still in the nascent stages of development.

Over the years, coworking has witnessed many new trends and innovative activities fundamentally cooperative and versatile by nature like coworking spaces for rent. Fierce competition and ever-increasing demand have driven many leading players to put on their brainstorming hats to ensure continued market dominance and maintain value-added benefits for consumers. While some clear developments have been discovered over the past few years that have redefined the segment’s future, we also expect the momentum to continue strongly in 2019.

Here are the top seven trends that we foresee will become the game-changes in the industry.

Coworking players handholding developers in interactions management

The business relationship between a developer and a provider of coworking space is now no longer confined to leasing the commercial space. Coworking spaces are not only going beyond setting up workspaces and collaborating with developers to allow them to achieve higher returns, but they are also handholding developers by marketing and selling other building floors to customers on traditional lease.

Related Post: How to Choose a Co-Working Space Wisely?

Coworking players are curating unique experiences and commitments to create tenants by providing state-of-the-art facilities such as gyms, cafes, creches and managing the entire building environment by providing occupants with partnerships, activities and community emphasis.

Coworking players trying to co-live

Expansion and market diversity is the secret to any company’s sustained growth. While coworking space providers have successfully bridged the gap in Indian office spaces between supply and demand, this has now also spread to the residential real estate market where millennials are now becoming accustomed to the idea of co-living.

This is a perfect setting for engaging millennials when overcoming the conventional lodging issue with all-inclusive services and community events. While this is still untested waters, in 2019 we look forward to seeing more use cases and measuring their success.

Deeper technology integration

Despite wearable technology and AI gradually taking over coworking spaces and turning them into autonomous workspaces, the conventional desk is likely to be non-existent over the next three years. Intelligent access, intelligent meeting rooms and smart receptions have already been explored to allow cloud-based access, facial recognition and real-time security monitoring.

Digital assistants, AI-powered ambience, temperature control, and partnerships focused on the touch screen improve user experience. The laptop and smartphone will become obsolete as voice-activated systems, wearable technology including wearable glasses, embedded sensors, and Internet of Things (IoT)-connected wrist devices will take center stage and linking work professionals with fixed desks will become a past.

No flight, video technology and speed of networking would ensure real presence. In reality, artificial intelligence can confirm the shape, size and use of furniture as cumulative data per client.

Rise of ‘work near home’ programmes

The number of people who prefer to live near their workplaces or vice versa is on the rise and “talk to work” is a phenomenon that is picking up rapidly in metro cities as it saves valuable man-hours instead of losing time to traffic congestion for hours while commuting to work.

Because of multiple locations, both inter-city and intra-city, coworking spaces are the option for reducing traffic hours and providing both personal and business benefits. Organizations have been considering the idea of allowing employees to “work from home” to provide more employee-friendly policies.

Due to intrinsic obstacles such as a, however. Home disruptions b. Right network unavailability (high-speed internet, printer, desk space) c. There is a significant loss of efficiency due to a lack of social interactions/peer to peer commitments. It causes more and more companies to consider “work close to home”–enabling employees to work remotely out of shared spaces while accessing efficient office infrastructure.

Adoption of flexible and mobile solutions

The number of transactions for “just-in-time” use of meeting rooms and flexibility passes has increased three times over the past two years and is rising at a rate of more than 12 per cent per month for most games.

Today, companies are spreading across the country in various geographies and serving customers. As a consequence, it is not always realistic to plan and allow the workforce to work from a few central locations. The current workforce has to be spread geographically and on-the-move according to the job’s demands.

Employees of Millennials and Gen Z are searching for versatility, mobility, teamwork and opportunities to help them work in real-time and untethered. Shared workspaces allow flexibility by providing solutions such as national passes, roaming and bulk meeting room hours to work out from any place at any time, without any reservation restrictions and hassle. Digital offices support small town-based businesses looking to set up a business address or have a presence as their central business districts in larger towns/metros.

Holistic enterprise solutions

Shared workspace providers are working together with running the co-working company to create and manage separate offices for companies. The process starts right from finding an appropriate space for constructing, customizing and providing complete back-end support for office space software and operations. This is a trouble-free way for a company to outsource their “own” office space to plan, build and manage, enabling them to focus on running their business rather than their office.

Platform for collab

In addition to providing real estate options and trouble-free leadership, coworking spaces also provide an ideal platform for participants to exploit business opportunities. The connections are smooth and alliance plentiful with so many different businesses sitting next to each other. Collaboration also often takes place between the coworking space provider and the consumers sitting inside by retailing and selling products and services. Customers receive real-time feedback from the larger community and a chance to test the market with varied demographics.

The change of the workplace has started in earnest and will see some big changes in the next 5-7 years as the lifestyles of people develop, technology advances are taking place at a fast pace, office commute times are growing, and safety and well-being are at the center of attention. This will place the office worker at the forefront of all options for office space.

Finding office spaces on rent for just a few hours has always been a tedious task. Myrsa will help you make this process easier. Find office spaces on rent on a temporary basis on Myrsa.

You can even rent your empty office spaces for a few hours on Myrsa.

November 19, 2019 0

QuickBooks vs. Property Management Software

Property management has its own distinct challenges. You need to market your vacancies, oversee the leasing cycle, collect rent, and manage a range of services, including maintenance and landscaping of buildings.
Several property managers and landlords are using QuickBooks to manage their finances in an attempt to simplify. You can set up each unit as a customer and each tenant as their job and use the software to track new owners, issue monthly statements and automate invoices.

QuickBooks may look like a good solution at a glance. But it is only meant to help with the general finances. But only one aspect of property management is handled by QuickBooks. You are likely to achieve your financial goals using its accounting features. But in order to remain competitive in the property management environment, you should go the extra mile. That’s why, with QuickBooks and other solid accounting software, property management software has become a popular choice.

Property management is much more complex than financial management.It is important that you have a system in place to help you execute some key functions when it comes to managing multi-unit rental properties.

Property management software offers a lot of options for your business performance. From Managing Multiple Properties with all the essential features that your business needs. Whether you are a landlord managing a handful of properties or a property manager with hundreds of properties.

Your software solution must enable you to:

Centralize and Digitize information

Property managers have no patience for data to dig through. You need to combine everything in a secure online hub that can be accessed 24/7 by you and your team. Accounting solutions out-of-the-box just deal with one part of your business line: accounting. You will be able to monitor maintenance issues and rent collection with the right property management software and easily share relevant data with employees, contractors and tenants.

Efficiently collect rent

Unlike QuickBooks, industry-specific software makes moving the entire request for maintenance to the cloud easy. You must ensure that repairs are performed quickly and correctly from filing service requests to issuing work orders to tracking progress. The correct software also allows you to keep tenants in the loop and monitor the performance of contractors, ensuring transparency and accountability. And while increasing time-consuming paper-based applications, it does all that.

Establish Strong Communication

Good communication is the key to maintaining positive relationships with tenants, contractors, and employees. Whether you’re talking about routine maintenance announcements or holiday greetings, you need an effective channel to communicate with your team and they need to be able to reach you as needed. Property management technology provides a portal that enables easy communication through email or SMS, allowing users to use their preferred device: laptop, tablet or smartphone.

Property Management Software:The Solution you need

Property managers and landlords will see lasting benefits through Mpower. Mpower is a real estate management software that lets you list all your spaces on the dashboard, accept inquiries for the listed spaces and earn effortlessly. You can also maintain financial records and paperwork that reflect the transactions made with the bank and the customers. Moreover, we provide you with a dedicated relationship manager that looks after all your queries and resolves them in no time.

Manage your entire space inventory and earn effortlessly with Mpower!

November 6, 2019 0

8 Tips To Grow Your Seasonal Retail Business

Many businesses have ups and downs in their businesses and in many cases, these fluctuations are due to the seasonal changes. Seasonal business is a term to describe such types of businesses that correspond with the seasonal changes. A season can be comprehended in this setting to incorporate a) periods of the year and their climate-related changes, b) holidays, and c) festivals like the Holi, Diwali or the Christmas. Although most organizations experience some occasional business variances, others experience serious regular changes and may even restrict their tasks to specific seasons.

Some businesses that are extremely seasonal may close down completely at some time of the year. There are some businesses that are open throughout the year but may experience huge profits during one or two seasons of the year, like Diwali or Dussehra being the busiest for electronics.

Some of the events can influence the sales in every month of the year that can be predictable to businesses. These types of seasonal events can affect different industries differently. For example, January is a good month for fitness memberships or health memberships. February is generally the slowest month but it does have Valentine’s day which triggers a great way for a seasonal business. Summer is the month where all the summer products are in high demand. Likewise, June has a great increase in back to school sales. Finally, winter that starts with November and December is also the holiday month for many. Therefore tourism increases.

The dominant feature of all these seasonal businesses is that they are all small shops like kiosks in a mall or a beach shop – they are all gift stores. What this means is the customers are buying a gift for someone or gifting themselves because they are on a holiday.

These are the important customers that are more open to buying a high priced item than the other ones that only buy items in seasonal business due to the sales that they can get with any type of brands.

Though this type of business is not the most traditional type of retail business, they are very much profitable when they are in a high traffic location that has a lot of footfall in the form of tourists and vacationers. If you have a seasonal shop or are thinking of opening one, here are some of the reliable tips that you should use to manage your business for success:

1. Marketing of your brand- You might have been advertising your event mostly in a traditional way that is print media, television. You should now try to leverage social media to gain benefit for your business. Facebook, Instagram, Twitter whichever suits your demographics well. They will help to reach a larger audience without investing a lot of funds.

2. Advance advertising of opening- One of the mistakes that new seasonal businesses make is to wait until they are open to start advertising the brand. Experts in the marketing field believe that advertising beforehand, that is before launching your product can create a huge interest in the customers regarding the brand and they are much more willing to stay updated.

3. Know your vicinity- If possible see to it that the products you sell do have a local connection. Some of the examples include locally hand made products and products that have a local theme and also products that have a direct connection with the city where you have set up your business. For example, if you are in Goa then the products will have a style that is local and cannot be found online easily so that they come back home.

4. Clear out- Make sure that you don’t hold onto the old merchandise because they feel like “it never gets old.” But guess what? It does. Have a huge clearance sale that will while there are still shoppers left. Don’t wait for the offseason.

5. Pick the right products- Select the products that are proven to be top-selling items. If you dont then the sales training will also not help you. You don’t have time with slower-moving products when you run a seasonal shop. Even though they have a higher profit margin it is recommended that you have a product that has better sales. Successful seasonal business flourishes on higher volume.

6. Give customers a motivation to purchase- People are bound to burn through cash when they’re in the midst of a get-away. Separate yourself from your rivals and you’ll see a greater amount of that cash coming to your direction. Show a couple of things keenly instead of racks and racks of something very similar. Feature new uses for a more established item. Prepare extraordinary signs that make clients stop and think about your things.

Related Post: Start your own hassle-free popup shop!

7. Be different- Continuously search for approaches to differentiate your business so you’re not all that subject to the blast and-bust cycle of the occasional activity. Would you be able to start more organizations that kept running in various seasons?

8. Utilize the off season furthering your potential benefit- The best entrepreneurs utilize their personal time to revive and plan for one year from now. Clean the whole store – that implies the build-up toward the sides of the floor covering, the extra tape from signs, stapes from enhancements, the works! Do the math. Search for approaches to improve. Refocus your methodologies. To put it plainly, improve yourself and you’ll improve your business.

Now if you are looking for spaces for your seasonal business. Myrsa will help you find spaces in different locations. You can book a space for a few hours to a few days in high footfall areas. Find spaces in malls and also in other commercial areas with Myrsa.

October 10, 2019 0

Benefits of Adopting Software Systems at Property Management Firms

Managing property and handling their routine tasks consists of a large number of juggling tasks for managers. Manually performing such business operations as tracking rent payments and managing maintenance requests is highly time-consuming and often overwhelming, and these processes form only a small part of what property managers face on a daily basis. Luckily, there is a property management software solution which is attracting more and more companies these days.

Property management software facilitates its users to automate multiple business operations through a single platform which otherwise consume lots of time, this many times even hampers the business. So the property managers should gain the benefits by implementing such software which goes far beyond saving time and money. If you wonder how your company can benefit from having property management software designed and developed, let’s find the answer here.

Benefits Of Property Management Software

Implementing this software solves most of the complication that property managers struggle with on a daily basis. By enabling the Mpower which is a space management software, the companies can achieve the following benefits:-

1. Real-time access to information

All the necessary information is stored in your laptop or is piled as documents, this restricts you from working anywhere else, but only at your office.

But with MPower the property management software which is a web-based platform, one can work from anywhere at any time. Data is updated automatically and stored online, allowing both you and your tenants to access all the necessary data in the right form from the mobile phone.

2. Improved communication

This is a two-way process where not only you are involved to manage the property but also tenants are expected to perform many operations as well, like including paying rent and reporting maintenance requests, parking management, etc such essential activities requires their time and your availability for smooth function.

Implementing the property management software, tenants can log into their own profile and perform all the necessary operations online. Offering access to a tenant portal allows them to report a maintenance request any time of the day and track every update.

3. Quick property inspections

Inspecting the properties is one of the most time-consuming business operations which property managers must face. It requires visiting properties one after another, noting down all the necessary information, and then typing it up back in the office

The software can assist you to conduct property inspections and generate insightful reports while out in the field. which can save a lot of time and always provide required information on time without any delay

4. Reduced administration work

Typing data manually is a highly time-consuming activity for any business and, more importantly, it leads to minor errors which with the passage of time can lead to a major problem further it does not give you immediate results, one needs to analyse the data by self to gain insightful information, which becomes a time-consuming activity.

With the application of best software, data is automatically captured and so the reports been generated are comprehensive and one can analyse the report according to its requirement with respect to finance or the company performance. This further reduces human dependency and everything becomes automotive making the systems and process intact.

5. Online payments

Rent payments may be troubling not only for you but also for your tenants. When done manually, it is difficult to keep track of payments which require a few days to process. When manually introduced there is huge possibility to miss the payment record.

Processing payments become very convenient it can be managed with one single click from mobile within a minutes. It is easier to monitor and track the payments from each tenant to manage the proper records online, this further enables you to run financial reports automatically. Also, such reports can be viewed at your convenience through mobile.

6. Securing sensitive data

In every business, data management and protection of sensitive details of your customers, such as their credit checks and lease agreements, is very important. As a property manager, it is your prime responsibility for keeping them safe and secure.

With property management software, there is no need to worry as all of the personal data is securely stored online. Software development companies offer data encryption which secures it even more cautiously.

7. Data analysis

For a business to prosper, it is necessary that its owners make accurate, data-driven decisions. However, the data performed manually is prone to errors which further leads to inaccurate data analysis due to which erroneous business decisions can take place which in the long run can hamper the business performance.

Thus with Mpower, all the information you introduce into the system is stored, which enables you to run thorough analysis and gives you insights on your business. Proper data analysis allows you to spot any inefficiencies and discover new opportunities.

To sum up

Let the technology work for you for managing or tracking your property and growing your business. Thus having MPower the best property management software designed and developed to meet all of your property management needs can help you to improve almost all of your business operations from monitoring payments to managing maintenance requests. With automation, you can save valuable time which you can now spend on growing your business.

September 17, 2019 0

7 must-have amenities for Good Office environment

There are diverse factors that can influence your productivity. But, nothing is higher impactful than your actual business or work environment with innovative office amenities you offer in your office space. After all, it can influence your power to make decisions, your mood, and more than that even your physical health.

The working atmosphere with creative office amenities for yourself or for your employees or the work environment that you live in day-to-day is critically significant. In company or organization, we optimize everything with regarding production and finance as per demand and supply. But we should also consider it vital to build surety that your work environment and the atmosphere are optimized to boost your productivity. So let us consider a few important points to consider before transforming the workplace as per the comfort of your employees to boost maximum productivity and their well-being simultaneously.

1.Light

Be it industrial or office settings, appropriate lighting initiates all work tasks more easygoing. People get about 85 percent of their data through their sense of sight. Proper lighting, without glare or shadows, can reduce eye fatigue and headaches. Allow natural light to enter the office space as much as possible. Researchers have found out that, A person working in natural lights stays on-task for 15 percent longer when compared with a person working in artificial light only. Also these days we have varied options of light available like LED, that is energy saver in terms of cost and simultaneously providing warm light. You can also think of installing an automatic ON/OFF system when not in use.

2.Interior Colors

What you pick for your office colors can have an exciting impact on your clients, employees and other visitors. These effects are instinctive, creating either a good or bad perception of your business.

The colors you apply in your office space should vary with the nature of business being conducted in the office. Your image is being pitched, and decisions being made, the instant your door is opened. The best color choice for your office colors can assure that your vision is a positive one.
Corporate and further serious sorts of businesses such as bankers, accountants, lawyers, and financial experts often apply natural colors, such as creams and beiges, blended with wood grain finishes to form a refined and modern look, but these colors can also give the impact of being boring and safe and dull. Choose the best colors in your office. For example, yellow is perfect for creativity, while muted colors are relaxing and soothing.

3.Creating Nature

Plants and Greenery are very soothing to every human being. So when an office interior incorporates plants with their interiors it enhances the mood and generates greater productivity from employees. Working in an ambiance that seems close to nature creates positive vibes and directly impacting productivity.

Install plants throughout the office and let your crew beautify their areas and personal spaces as they like. If space constraints are not there then, you may also create break-out space like an amphitheater type of steps with seating for informal engagements.

4.Rapid access to public transport

Determine a location for your office space on rent or ownership that allows easy access to public transport to avoid the use of personal vehicles by employees lessening the pollution. This will indirectly reduce carbon footprint. These days traveling is a major crunch that every office goer faces. An ideal location is the one which allows all types of transport accessibility-Bus, Rail and Road. Lesser the time to travel gives enough time for dedicated employees to utilize it for the company and more productivity.

5.Fitness Facility

Nowadays people have become very health conscious but the time constraint and work pressure always act as a hurdle. So if such facilities are provided in the office space, they can utilize the service either while coming or leaving the office. Activities like riding on the stationary bike during your breaks or even a meditation room may help enhance their concentration.

6.Creating a pollution-free and environment-friendly atmosphere in office

A pollution-free environment is also must to improve the health of the employee and for that, an environment-friendly atmosphere is a must. Waste segregation is one of the important initiatives for this. So office space should install separate bins for wet and dry garbage. In fact, to move one step ahead we may also install separate bins for plastic garbage as well.

7.Comfortable Workstations in Office Space

Adjustable workstation promotes wellness in the workplace, allowing users to adjust and modify their working positions from seated to standing. A sedentary lifestyle is the root cause of various diseases. So with seating position flexibility one can use the workspace more comfortable.

Conclusion

The physical environment and conditions of your workplace play a role in your productivity. It may be time to give your office a much-needed overhaul, or even a facelift.

Finding office spaces on rent for just a few hours has always been a tedious task. Myrsa will help you make this process easier. Find office spaces on rent on a temporary basis on Myrsa.

September 10, 2019 0

Holiday Homes-Emerging real estate segment in India

With a growing number of second-home buyers instantly opting for holiday apartments or homes, in this article we will be having a glance at the benefits that this segment gives and the areas or location that holiday home buyers prefer to invest in.

Invest in second homes, is basically motivated by a section of buyers, who would like to seek profits out of real estate investments or keep it for prestige. Nowadays we Indians have been investing in second homes for quite some time, but people these days are currently shifting their attention to something which offers them more personal utility, like a holiday home for a short vacation.

The holiday home provides them to experience the additional benefit of a weekend holiday at an owned space. Further, such properties also give the option of temporary vacation home renting to other people by listing space on portals providing such temporary rental options like Myrsa. And indirectly earning extra income from the tourism potential of the property address. Homestays as holidays have grown a profitable market, now.

Indians who purchase holiday homes, lead to having greater disposable earnings and belong to middle and top management groups. Such buyers are usually in the age category of 35-45 years. The motive behind investing in a second home is either for investment purpose or weekend getaways or short trips for relaxation. With workload increasing day by day in corporate life, people prefer to relax in some location that’s just drive through or easily reachable and scenic too.

In this article, we will be discussing various options available for different cities in India and their adjoining locations that can be one of the options to choose from.

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Mumbai

For Mumbai and Pune residents, some of the favored locations are Lonavala, Alibaug, Karjat, and Goa. Lonavala has been by far the favored most locations because of its or its greenery and pleasant atmosphere and easy connectivity with Mumbai and Pune residents. Also, there is a large number of properties in the pipeline for row-houses and bungalows, from leading developers providing good construction work. There is also a healthy demand for open plots, in Lonavala which some people choose to buy and build their own rowhouse or bungalows.

Alibaug is also a preferred area for Mumbaikars as it has easy accessibility both roadways and waterways like ferry who prefer coastal areas. Karjat also offers affordability and serenity as its primary USPs.With the temperature prevailing comfortable round the year, it draws people from Mumbai and Pune. Increase in the tourist base and gaining interest in activities like rappelling, kayaking, and boat rides promise attractive returns to investors and second homeowners. Also, such locations mentioned providing a good opportunity for temporary renting to people who wish to have weekend getaways during long weekends

Delhi

Delhi being close to Haryana and Himachal Pradesh, which hosts India’s best hill stations Shimla and Dharamshala. The tourism has given a boost to the real estate sector in Himachal Pradesh. The first one to see real estate boost, Shimla’s realty sector has now reached a saturation point as options available now are far from the city in the outskirts. So buyers may consider upcoming destinations like Manali, Kullu, Chamba, Chail, Dharamshala, Kasauli, and Solan which offer numerous residential options that’s close to nature and scenic with easy availability of essential amenities.

Chennai

When we look at the southern part of India, in the south, Puducherry is a favored destination for residents of Chennai and it has many second home choices available, from regional and national developers. For buyers located in Bangalore, Mysore is the favorite location to choose from as its scenic and easily reachable to them.

Kerala

For buyers residing in Kerala, which has also emerged as a popular destination of late. When you are aspiring to buy an apartment for a secondary purchase, carefully pick the location. There are several places in Kerala that are gifted with scenic beauty, like Kovalam, Kochi, Munar, and Alappuzha that experiences that higher count of the travelers. Try to pick a property near these places.

Lets Conclude

Nevertheless, not everyone can locate an ideal alternative close to one’s home. Price factor and the lifestyle quotient, also act significant roles, when hunting and exploring for a second home. Purchasing or Investing an affordable home nearby or neighboring to the workspace or a bustling marketplace, may also not be feasible, when it comes to locations for holiday homes in Major cities like Mumbai, Pune, Delhi, Chennai, etc. Consequently, while the mindset towards holding a second home is gradually evolving, people are seeing for innovative concepts that give affordability, ROI and also lets one enjoy holidays at their own homes, in between. Also, leverage and earn from second homes, occasionally when demand is more especially during long weekends

August 28, 2019 1

Micro Apartments-Redefine Real Estate Trends

The studio apartment is an international concept, but it is currently gaining momentum in India due to the young professionals primarily in the IT and BPO sector. Spacious and high-end apartments being beyond the budgetary limits of the salaried class in major cities of India have a limited clientele. The concept of studio apartments in major Indian cities gained in prominence due to their lower price as well as the space constraints in these cities.

Let’s Understand Studio Apartment-

It is a small apartment that combines a living room, bedroom and dining room into a single large room. A kitchenette may either be included within this room or in a small separate room, with a small bathroom as well. Such an apartment is also known as an ‘efficiency apartment’ or ‘bachelor apartment’. They are generally occupied by one or more bachelors or a small family. The size of such apartments generally range from about 400 sq.ft-600 sq.ft. The easy connectivity to the office is the well-suited reason for the growth of studio apartments.

There is a major difference between studio apartments and 1 bhk flats although there has been a spurt in demand for affordable living spaces, especially in the metros, and this has led to the commonly accepted culture of the studio apartments’ concept. Although this minimal living style has been popular in the West, it’s fast catching up in India now.
Globally, there is an increasing demand for micro-living. A micro-home or a micro-apartment is a self-contained, single-bedroom unit, mostly meant for single occupancy. Such micro-apartments are mostly in trend in Metro catchments and are gauged anywhere between 50 and 350 sq. ft. These small -size posh apartments are well entrenched across European and Asian countries, where students and young professionals explore economical shelter close to their university or workplace as well in closeness to the entertainment hubs in the city.

Micro-Apartments An Economical Residential Option-

As a concept, micro-apartments in India are set to redefine studio and one-bedroom units. For years, studio apartments and one-bedroom units have been an economical residential option for singles and young couples who are willing to compromise on space to own a house in a convenient location, rather than pay high rentals or take out huge loans to afford bigger houses. However, micro-homes are not just about affordability. What makes studio apartment different is their design and the fact that they are furnished with all the modern comforts and amenities and are at a prime location. These units, designed to offer privacy with a separate bedroom and kitchen, make it popular with small families too.

Growth Of Micro Apartments-

Mumbai has been the front runner when it comes to the concept of micro-apartments and has seen offerings as small as 189 sq ft., going up to 320 sq ft. Amidst soaring realty prices in the space-constrained metro, these micro-units give young working professionals their best shot at owning an apartment in a central locality, without compromising on their lifestyle.
The micro-housing market is also seeing a spurt in demand in cities such as Bengaluru, Gurugram and Noida that has a large migrant population of working professionals with an annual income of more than Rs 8 lakh. mainly among the younger generation, which prioritizes location and lifestyle over space, micro-homes have huge potential in India, given the fact the country is the abode of around 440 millennial.

Millennial Approach Towards Micro Apartments-

The millennial population is not just expanding in size but is also multiplying its economic footprint. Research has also indicated that around one out of every 10 millennial in India plans to purchase a home before a car. Additionally, millennials prefer to spend on rent rather than buying a house in the coming years because they spend most of their time out of the house, working or attending classes. Hence they opt for Studio apartments. These apartments are smaller in size, so cleaning and maintaining the house is easier. These apartments provide privacy. Also the cost of designing and decorating these apartments is lower.

Approach Of Real Estate Developers-

Many Grade-A developers require property management software, to manage such multiple projects as they are coming up with housing concepts that are custom-made for Indian millennials, specifically singles, young couples, and students. These offer all the modern amenities and facilities that large-scale luxury residential projects offer, including a clubhouse, community sports facilities, 24/7 security systems. Many of them also have value-added services such as concierge and room services that can be availed on payment. Having a small space it makes the millennials live with less and keep the things which is essential this kind of space management is other wise a goal for many to achieve.

Apart from end-users, micro-apartments are also attracting the investor community in big numbers. Globally, data has suggested that rental returns in micro-units are generally higher than regular apartments. With the exceeding growth, the developers look for property management solutions for managing such varied properties.

So one such solution available is Mpower which is a Best Cloud-Based Property management software to manage multiple properties The higher returns stem from robust demand and better utilization of the available resources. Likewise, the rates of appreciation are also expected to outperform larger-sized units. As it is a light investment, the entry barriers are limited and it can also be liquidated easily.

August 22, 2019 0

How to monetize Fitness Space by using it for various Dance forms?

Dance is becoming popular not as an Art Style but new fitness mantra. In olden days dance was just practiced by people who loved or had an affection towards various dance forms like Bharatnatyam, Kathak, Kuchipudi, Lavani and so on. Such dance forms varied in India from state to state. Like, Maharashtra is famous for Lavani and Kerala for Kathakali. Dance is now being treated more as a fitness formula and an also becoming more popular as fitness business idea than just an art.

India is transforming 360 degrees and this transformation is bringing positive results in the lives of people. We are these days leveraging facilities of space in our areas like society clubhouses on rent, halls, garden areas or lawns that are best places to conduct Yoga classes. Such spaces are also being used to conduct fitness activities like Yoga, Zumba and so on. In this article, we will be highlighting such dance activities which are now being taken up as fitness or workout activities with various age groups and.Let’s discuss different forms of Dance Workout Routines.

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Aerobic

Aerobic workouts are amazing and the most popular forms of exercise for a decade as Fitness spaces for rent are readily available. Dance is an aerobic exercise, conducted in a similar form as other aerobic classes. While the dance technique may differ, class structures are more or less the same. Generally, class begins with a warm-up session, which may go on anywhere between 5 to 30 minutes and involve exercises to raise your body temperature and flow of blood in the body, and stretch your muscles. The warm-up period will transform into a rigorous dance routine aimed to boost your heart rate and get you pushing and sweating, concluding with 5 to 10 minutes of cool-down exercises to further overcome and lessen muscle soreness.

Jazzercise

Jazzercise is a perfect dance-fitness routine and one of the numerous well-known dance workouts these days. These hour-long sessions mix jazz dance with strength training, as well as Pilates, yoga and also some parts of kickboxing, all set to today’s popular music, from favorite Top 40 songs to country and everything in between.

Zumba Classes

If you are hunting for an upbeat and intense form of exercise, look for Zumba class locations, belly dancing, salsa dancing classes. Zumba is being taken as a profession by many people and evolving as fitness business ideas. Zumba, for instance, is a workout performed to a Latin beat. Such sessions will have you sweating to hip-hop and other vigorous and energetic music. It mixes calorie-burning cardio exercise with a core muscle exercise and interval coaching to maintain and help tone and sculpt your body.

Yoga Classes

For people who are in search of a different type of intensity in their dance workout, watch for Yoga Trance Dance. Yoga Trance Dance is a free-flowing activity that mixes yoga postures, meditation, and free-form action leading into combined energy. Nia is another type of workout is made up of 52 movements that mix dance, martial arts, and remedial arts, and it manages your core muscles and upper limbs.

Ballroom Dancing

Ballroom dancing might not be the like the most vigorous and strenuous aerobic dance to do, but it is surely having lots of benefits. It is a reasonable activity and is promoted throughout the world. The only downside with this type of dance form is that you cannot simply do it alone, you need a companion. You need a partner for the purpose. Once you have discovered someone to dance with, you are certainly going to have a fabulous experience that is combined with exercise. This type of dance helps to tone muscles, burning calories, great for bones and increases confidence. So ballroom dancing should not be underestimated since its slow but works excellent as a form of exercise.

Belly Dancing

Belly Dancing is elegant and fascinating. It developed from Arabic countries such as Egypt and Turkey many years ago. The name is totally western and is a single and solo dance style where body articulation is a must. There are various forms of belly dancing, and each one has its individual style. It does come under the level of aerobic dances and is practiced these days in fitness classes too. Reason of it becoming popular day by day it because of its host of benefits like it helps with a new experience and simultaneously improves your fitness level.

Dance-fitness classes are accessible for beginners, intermediate and advanced fitness levels. Just search on the web – “yoga class near me” or “fitness class near me”, you will get loads of locations available around you conducting such dance classes. Some provide more of a workout than others. You can select the perfect dance style that suits you.We at Myrsa provide a platform to people looking out for temporary spaces for rent to conduct various fitness classes.

August 21, 2019 0