Storage is a massive issue for any household or office across the world. Spaces these days cost a fortune and not everyone is blessed with enough of it. To ease these constraints, a Maharashtra based startup is offering storage solutions right at your doorstep.
Your Space is a one-stop solution for all your storage needs. Be it relocation, renovating a home, creating space for the new family member, or safekeeping old furniture – whatever the reason, Your Space Doctor has the solution. As India’s first and most comprehensive storage solutions provider, the company has ideal facilities, spaces, and plans that serve your short and long-term needs.
Your Space is the brainchild of Ms.Disha Doctor and Mr.Viral Doctor (Ex-Director of OEC Records Management Co. Pvt. Ltd). After successfully leading OEC, Viral and Disha entered the space of Self Storage by bringing the concept to India for the first time. It is an aligned business model to their earlier records management company.
While at all stages of an individual’s life there is always an inherent need for extra storage space, it cannot be met by renting out since most warehousing and transit service providers are largely unorganized and unprofessional. One will need to rent a bigger space (even for a small space requirement) for a fixed lock-in period, pay brokerage, maintenance charges, etc thereby incurring a high cost. That’s where Your Space comes in. It brings storage to an individual’s doorstep, offering flexible storage with a flexible period of time. It can be as small as a box full of storage space or as massive as one may need, all at affordable pricing.
Products/Services available to Individuals/Households/Businesses include: Box Management (valet service), Flexible Space management (self & Valet service), Self-Storage Units (self & Valet service), special units available for specialty storage, Humidity & Temperature controlled Units and Valet storage.
Your Space takes away all the hassle one needs to incur in order to rent a storage unit. One need not pay any advance deposit; there are no service charges, no maintenance or utility charges, no brokerage, no lock-in period, no complicated agreements/lease contracts to sign, and no Hidden Cost involved. The company also provides options to insure your stored goods.
Self -Storage as an industry is not new. The industry has a brief history in Asia as compared to more mature markets in Australia, Europe, and North America. In the United States, self-storage is a $24B business, and publicly traded self-storage companies have consistently outperformed the S&P 500. There are over 50,000 self-storage facilities in the US alone, totaling 2.3 billion square feet of storage space. Although well established in countries like Hong Kong, Japan, and Singapore, it is virtually nonexistent in Asia’s largest market like in India.
Viral and Disha have a rich experience in warehousing and records management and entered the space of Self Storage to cater and change the spatial dynamics in our country.
Currently, the company has 16,000 sq. Ft of space, owned and managed, between Mumbai, Pune, & Vadodara. Their clients are divided between B2B clients and B2C clientele. Your Space is also connecting with its records management clients right now which includes private banks, PSU banks, co-operative banks, foreign banks, insurance firms, shipping companies, hospitals, manufacturing companies, NBFC’s, CA firms, logistics firms, hotels, restaurants, etc. In total, they have 400+ registered clients.
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Post lockdown, Your Space services are becoming an essential service catering to WFH (work from home) professionals and also for those who are returning back home or downsizing their offices to save on rent.
“You need to tap into the problem and create a solution for it. Create the product/service for it and keep it simple. Make a difference and give back to your society,” Viral and Disha quoted for the young entrepreneurs.