Top Factors to Consider Before Renting Office Space in Bhubaneswar
- Exospace India
- Sep 12
- 4 min read
Updated: Sep 16
The Indian office space industry has been on an exciting growth curve over the past decade, with startups, SMEs, and established corporates expanding rapidly. The demand for flexible, affordable, and strategic office spaces has skyrocketed. Cities like Bengaluru, Hyderabad, and Delhi NCR have long dominated this sector, but in recent years, tier-2 cities such as Bhubaneswar, Guwahati, Patna, and Kolkata are emerging as the next big business hubs.
Bhubaneswar, in particular, known as the “Smart City of Odisha,” has become a preferred destination for IT companies, startups, and professionals due to its connectivity, growing infrastructure, and affordable living costs. But if you’re looking for office space for rent in Bhubaneswar, especially around high-demand areas like Esplanade and Rasulgarh, the decision goes far beyond just choosing a location.
This blog will guide you through the key factors to consider before renting office space in Bhubaneswar, ensuring your decision supports your growth, keeps costs under control, and positions your business for success.
1. Location
One of the first things every business owner should ask is: Where should my office be located?
In Bhubaneswar, Esplanade and Rasulgarh have become prime office space destinations. Here’s why:
Connectivity: Esplanade offers excellent road access, public transport availability, and proximity to the railway station and airport.
Corporate Ecosystem: Many IT firms, consultancies, and startups prefer this area, creating a collaborative ecosystem.
Amenities: Cafes, restaurants, hotels, and banks in proximity make it easier for employees and clients.
If your team frequently travels or meets clients, office space in Esplanade Bhubaneswar ensures convenience and a professional brand image.
2. Scalability – Think Beyond Today
When renting office space, don’t just consider the current team size. Think ahead:
Will your startup grow from 10 to 50 people within a year?
Do you want the flexibility to add private cabins or meeting rooms later?
Does the property owner offer scalable solutions?
Choosing a managed office space provider like Exospace ensures you don’t outgrow your office too quickly. You get flexibility to expand or downsize as needed.
3. Budget & Hidden Costs
Cost is one of the biggest concerns for startups and growing companies. In Bhubaneswar, office space for rent can vary significantly depending on the location and facilities offered.
Factors to keep in mind:
Base Rent – Fixed cost per month.
Maintenance Charges – Cleaning, security, utilities.
Additional Facilities – Internet, power backup, furniture.
A coworking or managed office provider can help you save significantly since these costs are bundled into one subscription.
4. Infrastructure & Amenities
Your office space is more than four walls. Employees today expect a modern, functional workspace that supports productivity looks for:
High-speed internet
Ergonomic furniture
Power backup
Meeting and conference rooms
Cafeteria or pantry
Parking facilities
In Bhubaneswar’s Esplanade area, many managed office spaces now provide these as standard, making them more attractive than traditional leases.
5. Lease Flexibility vs. Coworking Advantage
Traditional office leases often lock you into 3 – 5 years with strict terms. Startups and SMEs may not have the stability to commit to such long durations.
This is where coworking spaces and managed offices shine:
Shorter contracts (monthly, quarterly, yearly)
No long-term lock-in
Shared costs reduce financial burden
Access to community events and networking opportunities
6. Brand Image & Client Impression
Your office is an extension of your brand. If you frequently host clients, investors, or partners, renting an office in a prime Bhubaneswar location like Esplanade enhances credibility. A premium coworking setup also helps startups punch above their weight by offering a professional environment without the heavy costs.
7. Technology & Security
Businesses today rely heavily on digital infrastructure. Before renting, check:
24/7 internet uptime
IT support availability
Data security protocols
CCTV and on-site security
A modern managed office in Bhubaneswar ensures both digital and physical security, letting you focus on business instead of daily operational hassles.
8. Community & Networking Opportunities
Startups thrive in communities where collaboration happens naturally. Coworking hubs in Bhubaneswar create opportunities to connect with entrepreneurs, freelancers, and corporates. Networking events, workshops, and knowledge-sharing sessions add intangible value beyond the physical office.
9. Future Growth of Office Spaces in Bhubaneswar
According to industry reports, tier-2 cities in India are expected to drive the next wave of office space demand, and Bhubaneswar is right at the center of this transformation. With IT parks, infrastructure projects, and government initiatives, renting office space here now is an investment in your future.
10. Legal & Compliance Factors
Don’t forget to check:
Lease agreements and exit clauses
Licensing requirements
Security deposits
Local compliance with Odisha’s commercial property laws
It’s always wise to consult with a legal advisor before signing any rental contract.
Also Read
We address your questions here
Which is the best area to rent office space in Bhubaneswar?
Esplanade and Rasulgarh are top choices for corporates, while Patia is popular among startups and IT companies.
Are coworking spaces cheaper than traditional offices in Bhubaneswar?
Yes, coworking and managed offices are often 20 – 30% more affordable because they include amenities and reduce hidden costs.
Can I rent office space in Bhubaneswar monthly?
Yes, providers like Exospace offer flexible monthly rental options for startups, freelancers, and growing teams.
Why should startups choose managed office solutions?
Managed offices save time, reduce overheads, and offer scalability allowing startups to focus on growth instead of operations.
Final Thoughts
Renting office space is one of the most important business decisions you’ll make. From location and cost to scalability and amenities, every factor plays a role in shaping your company’s growth.
If you’re looking for office space for rent in Bhubaneswar, especially around Esplanade or Rasulgarh, Exospace offers modern, flexible, and scalable office solutions designed to match your business goals. Whether you need a private cabin, coworking desk, meeting room, or a long-term managed office, we’ve got you covered and we’re not just limited to Bhubaneswar. Exospace is also present in Patna, Kolkata, Guwahati, and Noida, supporting startups and growing companies across India with professional, cost-effective workspaces.
👉 Ready to move into your next growth-ready workspace? Choose Exospace – where flexibility meets opportunity.
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