Finally, a good news for the entrepreneurs of Bengaluru, If you are founding a Tech based startup and are looking for a not too expensive office, Bangalore Metro is just the right place!
The Bangalore Metro Rail Authority is inviting emerging businesses to set-up their offices in five of its stations, following the success of ‘Rsmakerspace’, Workbench Projects, that opened at the Halasuru station in February 2015.
“It is not like Workbench Projects, which is renting out space (at the Halasuru metro station) on a monthly basis. These (startup) outlets will be proper offices.”
BMRCL currently has 31 operating metro stations from Baiyappanahalli to Mysuru Road and from Nagasandra to Sampige Road. Startups can bid for 31 office spaces of 100 sqft to 4,000 sqft at the Byappanahalli, Swamy Vivek ananda Road, Indiranagar, Halasuru and Trinity metro stations.The rents range from Rs 35 per sqft to Rs 120 per sqft depending on the station, said UA Vasanth Rao, general manager, finance, BMRCL.
This will be a big time saver and work multiplier for the startups.
It sure will cut cost of travelling and rent that is quite a burden for the budding startups.
The tender document for selection of licensees of retail outlets will be available on BMRCL’s website from July 4 to July 26. The bid document can be purchased until July 26. The bids have to be submitted on August 11.