Kaagazaat

Managed Office Agreement

At a glance

Price: Free, always.
Stamp duty: This is an agreement for services with a licence to use the space, not a lease, so the stamp duty on a lease does not apply on its face.
Registration: A services-and-licence agreement of this kind is not ordinarily registered.
Witnesses: Not required.

Free

Free, always.

Free: up to 5 documents a day.

Guided questions, full draft on screen, download in Word.

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Also called

Serviced Office Agreement
Managed Workspace Agreement
Office Service Agreement
Plug and Play Office Agreement
Office Space Service Agreement

When you need it

Use this when an operator provides an office that is already fitted out to one client: the operator fits it out, supplies furniture, internet, power backup and housekeeping, and runs it, while the client pays one monthly fee and simply moves in. It records the space, the term and lock-in, the fee and GST, the deposit, the service levels (availability and response times) and what happens when they are missed, and how either side can leave.

It is a services-and-licence agreement, not a lease. The Nature clause says so, and the Client gets no exclusive possession of the building. That is why it is not registered like a lease. The Provider should still have the right to offer the space, either as owner or under its own lease that allows it. Not for: a bare lease of an empty office (use a commercial lease deed); a hot-desk or membership arrangement with many users (a coworking arrangement); or a mail and address-only service (a virtual office agreement). Before signing, walk through the office together and list what is supplied, because the inclusions list is what the Client is paying for. Keep the signed copy with the Provider's tax invoices.

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

Fill this one in

See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

This is an agreement for services with a licence to use the space, not a lease, so the stamp duty on a lease does not apply on its face. It is still a written agreement and may attract stamp duty as an agreement in Punjab or Chandigarh. Check the current figure with the Collector of Stamps or a licensed stamp vendor before signing, and have the paper bought before the Agreement is signed.

Registration

A services-and-licence agreement of this kind is not ordinarily registered. If the arrangement were changed so that the Client received exclusive possession of the space for more than a year, it could amount to a lease and would then need registration. Ask a lawyer before changing it that way.

Notarisation

Not required. A Party who wants extra comfort on the signatures may have them notarised.

Witnesses

Not required. Both parties sign and date the Agreement.

Request Stamp Paper

Sample preview — placeholder answers, not your data

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MANAGED OFFICE AGREEMENT

This Managed Office Agreement (this "Agreement") is made at Chandigarh on 2 April 2026.

BETWEEN

Chadha Workspaces Private Limited, an individual, of SCO 11, Sector 8-C, Chandigarh 160009, acting through Ravneet Chadha (the "Provider")

AND

Bedi Analytics LLP, an individual, of SCO 11, Sector 8-C, Chandigarh 160009, acting through Ravneet Chadha (the "Client")

The Provider and the Client are each a "Party" and together the "Parties".

RECITALS

A. The Provider operates serviced and managed offices and is entitled to provide the Office described below to the Client.

B. The Client wants an office, fitted out and run by the Provider, for its business, and the Provider has agreed to provide it for a monthly fee on the terms of this Agreement.

NOW THIS AGREEMENT WITNESSES as follows.

1. SERVICES AND SPACE

1.1 From the start date the Provider shall make available to the Client, for the Client's use as software development and general office administration, the dedicated suite on the third floor of SCO 11, Sector 8-C, Chandigarh, of about 1,800 square feet, with a private entrance from the common lobby (the "Office"), with 25 workstations, in the building at Chandigarh, in the State of Punjab.

1.2 The Provider shall fit out the Office and supply the following for the whole term, all of which are covered by the fee: furniture and chairs for every workstation, air-conditioning, lighting, high-speed internet with a backup line, power backup, housekeeping, a reception desk and two meeting rooms. Nothing else is included unless the Parties agree it in writing.

1.3 The Office and services are available during 9 am to 8 pm, Monday to Saturday, with 24-hour access for the Client to its own suite.

1.4 The Provider runs the Office: it shall keep it clean, safe, insured and in good working order, and shall manage its own staff and contractors. The Client shall not be responsible for them.

2. TERM AND LOCK-IN

2.1 This Agreement runs for 24 months from 1 April 2026, unless ended earlier under this Agreement.

2.2 For the first 12 months (the "Lock-in") the Client cannot end this Agreement for convenience and remains liable for the fee for the whole Lock-in even if it leaves earlier. The Provider cannot end it for convenience during the Lock-in either.

2.3 After the Lock-in, either Party may end this Agreement by giving 60 days' written notice. Renewal is by a written agreement signed by both Parties.

3. FEE, GST AND DEPOSIT

3.1 The Client shall pay the Provider a monthly fee of ₹2,50,000 (Rupees Two Lakh Fifty Thousand only), in advance, by the 5th day of each month, against a tax invoice.

3.2 The fee increases by 5 per cent at the end of every twelve months of the term.

3.3 All sums under this Agreement are exclusive of GST, which the Client shall pay in addition at the rate in force, against a valid tax invoice. Any other tax on the services is also payable by the Client.

Questions about this document

Does the Managed Office Agreement need stamp paper or stamp duty in Punjab and Chandigarh?

This is an agreement for services with a licence to use the space, not a lease, so the stamp duty on a lease does not apply on its face.

See the full position on stamp duty, registration and witnesses

Does the Managed Office Agreement need registration in Punjab and Chandigarh?

A services-and-licence agreement of this kind is not ordinarily registered.

See the full position on stamp duty, registration and witnesses

What does the Managed Office Agreement cost on Kaagazaat?

Free, always.

Does the Managed Office Agreement need witnesses?

Not required.

See the full position on stamp duty, registration and witnesses

Often needed with this document

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