Instant Offices Reliance World

18 Feb ‘09

Market Opportunity

Corporate’s looking for serviced office space with short term lease in prime locations – Speaking to RW for Office space

Corporate’s looking for serviced office space with short term lease in prime locations – Speaking to RW for Office space

Current Industry Scenario :

Economic slow down and growing lay off

High property prices in prime office locations

High infrastructure costs

Bureaucratic delays for legal permissions to set up offices

Emerging zones in cities

Uncertainty of markets

Resulting :

In smaller office space

In consolidating and optimizing

prime office space

In holding back Capital expenses

In time delays and increased costs to

set up offices

In testing before Investing

In wait and Watch but have presence

Benefits of Renting Instant office** Vs Leasing Own Office

Renting RW Instant Office Owning / Lease Office Space

• Ready Availability • Need to locate / Finalize & Setup

• No Brokerage • Through Brokers

• All Infrastructure in place • Need to build

• No Capex involvement only Rental • High Capex Investment

• Pay by use of space • Committed to space Leased

• Short Term rentals Possible • Not Possible

• Common facilities provided ( Toilet, Reprography etc.)

• To be set up as part of office

• Locational Benefit – RW in prime areas • Availability of prime area is ?

Intrinsic benefits of RW instant office very clearIntrinsic benefits of RW instant office very clear

**For clarity sake the RW Virtual Office is termed as Instant Office as per Industry terminology

Benefits of Renting Instant office Vs Leasing Own Office

Details of Infrastructure Monthly Recurring Expenses

Renting RW IO / Month

Leasing Office for 3 people work space 300 sft

@Rs.80/ month (>10 cities) @Rs. 200 / month (top 10 cities)

1. Cabin -30 sft Built up area Rs. 11000• Rs. 24000 /- • Rs. 60000 / - 2. Work Station – 25 sft / unit 2

units for 2 people Rs. 14000

3. Interest on one time expense Nil • Rs. 3680 /- • Rs. 6200 /-

4. Power /Maintenance/House keeping & High speed internet

Nil • Rs. 10000/- • Rs. 12000 / -

Total / Rs. Month 25000 37680 78200

One time Expenses

1. Security Deposit Nil • Rs. 144000 / - • Rs.360000 /- ( 6 months rent )

2. Brokerage Nil • Rs. 24000 /- • Rs. 60000 / - ( 1 month rent )

3. Store fit out including IT Nil • Rs. 200000 /- • Rs. 200000 / - ( @ Rs.1000 /sft)

Total = Nil Total = 368000 /- Total = 620000 / - One time cost

Common Facilities at RW : Toilet (30 sft) , Pantry (30 sft), Repro Facility ( 40 sft) are not charged

• In order to have 100 Sft carpet area Required for 3 people working space ,One would have to acquire a space of 300 sft• The common facilities such as Toilet ( 30 sft ) , Pantry ( 30 sft ) , Repro area ( 40 sft ) Passages and Walk ways (120 sft)

Cost Benefit Analysis reflects the Advantage of renting RW – Instant Office over Leasing

Reliance World Fit – To offer Instant office infra

•Office Use

Office Infrastructure Facilities Available Room Layout Stores Available Ideal For

Instant Office Room

Single Seater

1. Single Seater

2. 30 Sqft area

3. PC Connected with High speed Internet

4. Airconditioned

5. Furnished with one Chair and Table

6. Reprography(Printing, Scanning etc.)

240 Stores in 105 Cities

•Office Use

Instant Office Room

Single Seater

Cabin with 2 facing Chairs

1. Double Seater Cabin

2. 54 Sqft area

3. PC Connected with High speed Internet

4. Airconditioned

5. Furnished with one Chair and Table

6. Reprography ( Printing ,Scanning etc)

Green Park

New Delhi

•Office Use•Interviewing

Conference Room

Nine Seater

1. Nine Seater Cabin

2. 185 Sqft area

3. One PC Connected with High speed Internet

4. Airconditioned

5. Furnished with nine Chair and Table

6. Plasma TV connected to PC for Presentation

7. VC Facility available

240 Stores in 105 Cities

•Office Use•Client meetings•Video Conferencing

Conference Room

Twenty Two Seater

1. Twenty Two Seater Conference room

2. 500 Sqft area

3. upto 10 PC' s can be Connected with Internet for training

4. Airconditioned

5. Furnished with twenty two Chair and Tables

6. 3 Plasma TV's connected to PC for Presentation

7. VC Facility availabe

Green Park

New Delhi

•Meetings•Training•Online test

Work Station 1. 4 - 8 seats in lounge area

2. 100 - 200 sft Built Up area

3. PC Connected with High speed Internet

4. Airconditioned

5. Furnished with chairs & tables

6. Reprography ( Printing, ScanningCD, Burning copying etc.)

240 Stores in 105 Cities

VC

RO

OM

3300 x

4500

18

VC

RO

OM

42

67

x 73

15

Reliance World Fit – To offer Instant office infra

Instant Office Room Single Seater

Instant Office Room, Single Seater Cabin with 2 facing Chairs @ Green Park

Conference Room - 9 Seater

Work Station

Conference Room 22 Seater @ Green Park , Delhi

Instant Offices, Conference Room / Auditorium @ RW

B. Can be available on request basis• Administrative and Secretarial servicesFor long duration customers

Price List for Client

* Rates indicated are exclusive of Taxes . Taxes @ 12.36 % extra will be charged

per month per day per hr.30 sqft single seater office space

per hr rate includes access to High Speed Internet

Type 2 21000 2100 500 New Delhi Green Park- 54 sqft Office table with one + 2facing chairs- Outside reception with 10 waiting chairs, ideal for office use & Interviewing

Type 3 4700 1175 105 Cities 240 Locations

- 9 seater conference room with Video Conferencing facility & broadband Internet at extra rates per hour- Visit www. Relianceworld.in & get address for all location on the store locator for booking your requirement

Type 4 18800 4700 New Delhi Green Park

- 22 seater, combines round conferencing table with auditorium form seating- Video conferencing with 3 LCD screens avlb. In the room @ per hr. rates. Great for Meetings + Trainings- Per day rate includes working lunch & tea / coffee from javagreen

Work Station Type 5 7000 300 45 105 Cities 240 LocationsCommon area Workstations with PC and High Speed Internet connectivity available

Conference Room

Types

Instant Office

Cities Rates*

Type 1 11000 945 175 105 Cities

Other Details

240 Locations

Locations

Support Services A . Available at all locations on pay by use basis• Broadband connectivity for high speed internet connectivity• Video Conferencing rooms for point –to-point / Multipoint national and international• Copying,Printing,Scanning for making hard copies,CD burning or downloading to memory sticks