Table of Contents
The headline rent is just one number. The actual monthly cost of running an office space in Thane involves several components — and businesses that only look at base rent often get surprised in Month 2 or 3. This guide breaks down everything. No surprises.
Rule of thumb: Budget for total monthly outflow = base rent × 1.2 to 1.4. And plan for 4–6 months of that figure as upfront capital for deposit, brokerage, and legal costs.
1: Base Rent
| Location | Per sq.ft/month | 300 sq.ft monthly | 1,000 sq.ft monthly |
|---|---|---|---|
| Wagle Estate | ₹120–₹150 | ₹36,000–₹45,000 | ₹1,20,000–₹1,50,000 |
| Ghodbunder Road | ₹110–₹160 | ₹33,000–₹48,000 | ₹1,10,000–₹1,60,000 |
| Hiranandani Estate | ₹130–₹165 | ₹39,000–₹49,500 | ₹1,30,000–₹1,65,000 |
| Kolshet Road | ₹130–₹155 | ₹39,000–₹46,500 | ₹1,30,000–₹1,55,000 |
| Naupada | ₹100–₹130 | ₹30,000–₹39,000 | ₹1,00,000–₹1,30,000 |
2: Security Deposit
Standard in Thane commercial leases: 3 to 6 months of base rent, paid upfront and refundable at the end of the tenancy. For a 500 sq.ft office at ₹70,000/month base rent, expect to pay ₹2,10,000–₹4,20,000 as a security deposit before moving in.
This is the single largest upfront cost in any commercial lease. Factor it into your budget planning before you fall in love with a space.
3: Maintenance Charges (CAM)
Common Area Maintenance charges are payable monthly on top of base rent. In Thane commercial buildings, CAM typically ranges from ₹8 to ₹25 per sq.ft per month depending on building grade.
For a 500 sq.ft office: ₹4,000–₹12,500/month extra. Always clarify CAM separately before comparing rentals a building at ₹100/sq.ft rent + ₹25 CAM costs more than one at ₹115/sq.ft + ₹10 CAM.
4: Electricity
Typically billed at actuals — metered monthly. Approximate electricity cost for an air-conditioned office: ₹6–₹10 per sq.ft per month. For a 500 sq.ft office: ₹3,000–₹5,000/month. Furnished offices sometimes include electricity confirm explicitly.
5: Internet
If not included: ₹3,000–₹8,000/month for a dedicated leased line (20–100 Mbps). Standard broadband at ₹1,000–₹2,000/month with shared bandwidth. Most Grade-A buildings have leased line infrastructure in place.
6: Brokerage
Standard: 1 month’s rent paid to the broker for lease transactions. For sale transactions: 1–2% of deal value. We do not charge brokerage to tenants for new project rentals sourced through our panel standard brokerage applies for resale/secondary market rentals.
7: Stamp Duty & Registration
For leases exceeding 11 months, stamp duty and registration is compulsory under Maharashtra law. For a 3-year lease at ₹1,00,000/month, expect stamp duty and registration costs of approximately ₹20,000–₹35,000 paid once at lease registration.
Worked Example Total Cost
500 sq.ft office in Wagle Estate, Grade-A building:
| Cost Component | Monthly |
|---|---|
| Base rent (₹130/sq.ft) | ₹65,000 |
| CAM (₹15/sq.ft) | ₹7,500 |
| Electricity (estimated) | ₹4,000 |
| Internet (leased line) | ₹4,500 |
| Parking (1 spot included) | ₹0 |
| Total monthly outflow | ₹81,000 |
| One-Time Cost | Amount |
|---|---|
| Security deposit (4 months) | ₹2,60,000 |
| Brokerage (1 month) | ₹65,000 |
| Stamp duty + registration | ₹22,000 |
| Total one-time capital | ₹3,47,000 |
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