Own the office instead of renting it.
Acquisition and fit-out funding for office premises — a suite in a Grade-A tower, a standalone commercial floor, an IT-park unit or a professional chamber. For businesses moving out of rent and for investors buying leased offices.
Rent versus EMI — the calculation that decides it
For an owner-occupier, the honest comparison is not EMI against rent. It is EMI against rent, adjusted for the equity you are building, the tax treatment of interest and depreciation, and the capital tied up in the margin money that could have been working in the business instead.
In established Kolkata commercial locations, gross rental yields on offices typically run in the 6–8% band while commercial mortgage rates sit near 9–11%. On a pure cash basis the EMI usually exceeds the rent in the early years; the case for owning rests on the principal repayment and on capital appreciation, not on immediate cash saving.
The building matters as much as the unit. Lenders look at the developer, the occupancy level of the tower, maintenance quality and whether the society or association is functioning. A cheap unit in a half-empty, poorly-maintained building will be valued down or refused, however good the price looks.
Indicative pricing in 2026
Owner-occupied offices in well-let buildings price best. Investment purchases in newer or thinly-occupied towers attract a premium.
Public Sector Banks
Tier-1 Private Banks
NBFCs & HFCs
Office purchases: what to check before you pay the advance
Carpet, built-up and super built-up
Sellers quote super built-up area; lenders value carpet area. A 40% loading between the two is common in commercial towers, and the valuation gap it creates is the most frequent reason an office sanction comes in below expectation. Ask for the carpet figure in writing before you negotiate.
The society or association position
Outstanding maintenance dues, an association that will not issue a no-objection, or an unresolved dispute over common areas can hold a disbursal for weeks. A no-dues certificate from the association belongs in your first document request, not your last.
Fit-out cost is largely unfunded
Interiors, workstations, HVAC upgrades and cabling routinely run ₹1,500–3,000 per sq ft and are only partly fundable, often through a separate machinery or business loan. Budget it as a distinct line rather than assuming it rides on the purchase facility.
Documents required
Incomplete files cause most multi-week delays. We assemble the full set upfront, in the order credit teams read it.
KYC & constitution
- PAN & Aadhaar of all promoters / partners / directors
- Certificate of incorporation, MOA-AOA or partnership deed
- Board resolution or partners' authority letter
- GST registration & trade licence
Financials
- 3 years ITR with computation of income
- Audited balance sheet, P&L and schedules
- 12 months' bank statements of all operating accounts
- GST returns (GSTR-3B) for the last 12 months
- Existing loan sanction letters & repayment track record
Property & society
- Registered agreement or allotment letter
- Occupancy certificate & sanctioned floor plan
- Share certificate / association membership record
- No-dues and no-objection certificate from the association
- Latest municipal tax receipts and mutation
Related facilities & deep-dive guides
Every facility below is placed through the same 80+ lender panel. The long-form guides carry the working numbers, worked examples and lender-by-lender detail.
Frequently Asked Questions
The questions our advisory desk is asked most often about Office Space Loan.
Buying tends to win where the business is stable, the location is one you will still want in ten years, and the margin money is not needed as working capital. Rent has no residual value; principal repayment does.
Renting tends to win where the business is growing unpredictably, where 25–40% of the cost would strip your working capital, or where you may need a different size of premises within a few years.
Only partly. Most lenders fund the property cost and treat interiors separately, though some will consider a modest fit-out component within the same facility for owner-occupied units.
Where fit-out is substantial, it is usually cleaner to run it as a separate business or machinery loan, or to draw on an existing working capital limit.
Generally yes for IT parks, provided the unit has an occupancy certificate and the building's commercial use is properly sanctioned. Lender lists of approved projects matter here.
SEZ units are more complicated because of the notified-area restrictions on transfer and mortgage, and only some lenders will take them. Flag it early so the file goes to the right desk.
It becomes harder but not impossible. Most lenders want the remaining structural life to comfortably exceed the loan tenure, so on an older building you may be offered a shorter tenure, a lower LTV, or both.
A structural stability certificate from a registered engineer often unlocks a better offer on an older but sound property.
Indirectly, yes. Credit teams recognise that an owner-occupier stops paying rent once the purchase completes, so the rent outflow can be treated as freed-up servicing capacity rather than an ongoing obligation.
You will need to evidence it — a registered lease and rent paid by bank transfer. Cash rent cannot be credited this way.
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