1. Decide whether to move at all
Compare renewal against relocation on total cost: new rent, fit-out, brokerage, downtime, double rent if there is overlap, and reinstatement at the old premises. Include non-financial reasons such as talent access and the building's condition.
2. Read your exit obligations
Check the lease for notice, lock-in, handback and reinstatement obligations, and the deposit refund terms. These set your earliest and safest exit date.
3. Write the brief and shortlist
Fix headcount, budget, location, specification and timing, then shortlist buildings and compare offers on effective cost.
4. Negotiate and sign
Negotiate rent, escalation, rent-free period, fit-out support, lock-in and exit. Have your lawyer review the lease, and plan registration and stamp duty.
5. Fit-out
Appoint a designer and contractor, obtain the landlord's fit-out approvals, and align the rent-free period with the build programme. Include IT and security cabling in the plan from the start.
6. Prepare the move
Plan the move in phases:
- Appoint a mover and agree a move date that avoids month-end pressure.
- Notify clients, vendors, banks, government registrations and utilities of the new address.
- Update the address on letterheads, websites, business listings and statutory records.
- Commission IT, telephony and connectivity before the first day.
7. Close out the old premises
Complete any reinstatement, hand back the keys and get written confirmation, and chase the deposit refund in line with the lease.
Frequently asked
How long does an office relocation take?
It depends on size and fit-out. Searching, negotiating, designing, building and moving together often take many months, so start well before your lease ends.
What costs do people forget in a relocation?
Reinstatement at the old premises, double rent during overlap, IT and security cabling, moving costs and downtime.
Should we renew or relocate?
Compare the total cost of each over the same period, and include talent access and building quality alongside cost.
Related: Leasing & Tenant Representation, Mumbai micro-markets, how we work.

