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Tag: Self Storage Demand

  • 6 Factors to consider when placing items in Self Storage

    6 Factors to consider when placing items in Self Storage

    Self storage facilities in India are on a steady rise. For a first-time customer, choosing an accurate storage facility can become an overbearing task. It is always great to start off with asking yourself questions and re-evaluate your decisions on resting a unit; Are you searching to rent some extra space to move your possessions? Are you renovating your home and want to keep your possessions from being damaged? Do you have extra stock of your merchandise but no space at home? Well, self-storage facilities supply a practical solution to age-old problems. Whether it is storing commercial or personal belongings, it is crucial to pick the best kind of storage facility for your products. Self-storage facilities come in a variety of designs, sizes, and arrangements. It is essential to do your own research before choosing the right one for you. As a result, before selecting a self-storage facility, each renter must ask himself: What should I look for in a self-storage facility? To help you answer that question, We have compiled a list of 6 factors to consider when looking for a storage unit, starting with location, cost etc. to duration of rent and more. Read on for more information! 1. Location Where is the self storage facility located? One of the most crucial aspects of choosing a self-storage facility is the location. You should look for a place that is accessible and convenient. Find out if the facility is near your home or workplace if you intend to visit your unit frequently. Self-storage facilities are often found close to neighbourhoods, malls, schools, parks, and medical facilities. They offer accessibility to customers that live close by. Some stay open 365 days (about 12 months) a year, seven days a week. Before selecting a storage space, always confirm the business hours. Full-service facilities offer greater flexibility in terms of operation hours. Make sure to check if there is adequate parking at the facility as well for easy and hassel free access. 2. Accessibility What security measures does the self-storage facility take? What are the hours of operation? When researching facilities, inquire about whether the units have video monitoring or in-person surveillance, as this will help to keep your items safe. Furthermore, if you visit the facility ahead of time, note whether it is well lit, as this will ensure your own safety when you go to retrieve your items. Some facilities like Self Storage India permit year-round, 24/7 access at no charges and are at verified locations. Whereas other facilities are run from “dark” warehouses where you will not be permitted to enter and must use the provider’s paid facilities to retrieve your own items. Find out which one is the best fit for you, see if you can tour them to get a better understanding of the facility. 3. Safety, Security and Climate Management How will I know that my belongings are safe? Before signing a contract, learn about the storage facility’s safety and security features. Choose one with the best safety and security features. Examine the presence of perimeter fences/gates and security personnel. Inquire whether the facility has 24-hour CCTV or surveillance cameras, individual door alarms and locks, and fire safety features such as fire alarms, extinguishers, sprinklers, and detectors. 84 percent of all self storage customers are women, according to a survey conducted by Noah’s Ark Development. To ensure that the facility is always safe for women, Self Storage India ensures its storage facility is open 24 hours a day, seven days a week. You will also find bright colors and plenty of natural light at the self storage facility as it is created with women’s safety in mind. The surrounding areas and walkways are well-lit, deterring intruders and protecting both staff and tenants. Not only is Self Storage India’s storage facility safe for women but it also ensures proper storing of your precious belongings. The facility offers cemented roofs, flood control, fans, and pucca flooring. You can choose a storage facility that regulates the temperature of its units based on the type of items you are storing. Items can be kept on plastic palettes for air circulation, elevated plots for flood protection. These facilities are typically more expensive than temporary warehouses with temporary roofs and structures. If you have any items that require a climate-controlled environment, this may increase the cost of the unit, but it will ensure that all your items remain in good condition, especially if you are leaving them for several months. Be sure to also consider how much you want to spend on storage. By contacting the facility directly, you can learn more about prices and other amenities. 4. Cost How much will it cost me to rent a self-storage box? What is the best rental offers available to me? Depending on where you decide to store your belongings, storage space charges change. The warehouse location and whether you are renting a private room or open storage can all affect this cost. Hiring a storage facility is a wonderful way to cut costs. Once more, the price is influenced by the location, number of units, and amenities provided. 5. Size and Types of Storage Units What size self-storage units are available? The question above is a terrific way to reflect on what type of storage unit you need. If you are unsure of your specific needs, start out modestly. It would be a great idea if you could measure the items along with the self-storage space. Measuring items can help in managing how to store your items and make the most of your space! Tools like the Storage Calculator by Self Storage India can help you reach the exact square feet of storage space you need to rent out for your items. This is crucial if you intend to use the storage space for items like heavy items so you can calculate the exact square feet of space to be rented. Since these items are often broader than they are tall, you might need […]

  • What Can and Cannot Be Stored Inside Your Self Storage Unit 

    What Can and Cannot Be Stored Inside Your Self Storage Unit 

    Storage units are becoming increasingly important as our lives get busier and real estate gets costlier! With working from home becoming the new norm, we find the need to declutter our living space to make room for office stuff – often this involves converting a bedroom into an office room or creating a nook in the living room. Either way, adjustments need to be made and furniture needs to get moved around or taken out of the way. A self-storage unit comes in handy to help you make room for change. Storage units provide you with convenient access to your belongings when you need them. There are many distinct types of storage units available, including self-storage units, climate controlled storage units, and temperature controlled storage units.  Self storage units are great if you need extra space for your possessions. You should keep in mind that there are certain things that cannot be stored in them. For example, you cannot store anything that is dangerous or illegal. You cannot store any kind of animal or pet, either. You most definitely cannot allow anyone to stay there – it is not a loft! You also cannot store anything that will cause damage to the property or other things in your storage unit.  Self-Storage Units are rented out to store items that you need to keep safe or get out of the way. You can rent a self-storage unit for short-term or long-term use. Self storage units come in varied sizes and shapes. Some are designed for specific types of items like furniture, while others are meant for general-purpose storage. Depending on what you want stowed away, you need to pick the right kind of space.  What Cannot Be Stored or is Prohibited inside your Self Storage Unit  Self-storage is a practical choice for storing all kinds of stuff. There are many lists about what you should and should not put in your self-storage unit. Most of them are straightforward and appeal to good, common sense. We will cover 9 broad categories of items you should not keep in storage.  9 categories of items you should never keep in Self Storage 1. Hazardous Materials  Storage facilities must follow local, state, and federal regulations governing the storage of hazardous substances. These regulations require that storage units meet certain standards regarding safety, security, accessibility, and cleanliness. Storage facilities also need to provide adequate signage, lighting, and access routes. Hazardous materials may include chemicals, radioactive materials, biohazards, flammable gases, combustible items, and other dangerous substances.  2. Animals, People and Plants  Self-storage units are great if you want to store inanimate possessions while you go out of town. It is unsuitable for people and animals to stay in. The storage unit is closed the whole time that you are away, and no one is allowed to open it in your absence. This means that should a person or animal be locked away inside, they will fall sick with insufficient food and water. Pets can get sick, and even worse, they can spread germs around the facility. If your pet gets sick, you could end up paying thousands of rupees to treat it. If you are prone to allergies, you would not want to risk getting sick yourself. It is not advisable even to leave live plants in your storage unit – they are bound to whither without proper care.  3. Perishables  Food items such as meat, fruits, vegetables, eggs, and dairy products need to be stored in a refrigerator. Unless your storage unit has this facility, it is best not to store food within it. They could spoil or attract pests. Other food items such as grains, sugar, salt, etc. can be stored in airtight containers to prevent bug infestations. However, it is best to avoid storing food articles in your storage unit entirely.  4. Any substances that could disturb other customers or other customers’ units  Perishable foods like meat, dairy products, eggs, fish, poultry, fruits, vegetables, etc., are all susceptible to spoilage due to bacteria growth. Mouldy food can cause illness. Food waste can cause pollution. Garbage can cause environmental damage. These can attract pests and lead to an infestation that can cause damage to the entire facility.  5. Wet Items  Make sure your belongings are completely dry before putting them in a storage unit. Mould, mildew, and other harmful organisms thrive when there is moisture present. If you store wet items, they could become infested with mould, mildew, and bacteria. These organisms can cause serious health problems, including respiratory illness, skin irritation, eye infections, headache, nausea, fatigue, dizziness and even death.  It is important to keep everything stored in your self-storage units clean and free of moisture. If you see any signs of mould, mildew, or other forms of decay, then you need to get rid of those items immediately. You should also check if any of your belongings are damp or waterlogged. If they are, then you need to move them out of your storage unit as soon as possible. Mould spores are everywhere, so if you do not ensure your items are moisture-free, you might end up with an unpleasant surprise when you unpack.  6. Unregistered Vehicles  Storage facilities must register all vehicles before storing them. Vehicles must be fully operational and insured. There are also additional requirements for the type of vehicle you wish to store. For example, if you plan to store a car or motorcycle, you will need to provide proof of ownership, registration, and insurance.   7. Combustible or flammable substances  Storage units are not fireproof. Items like gas, paint, petrol, or cleaning solvents can cause damage to both the unit and the contents. If you store anything that is flammable, you should keep it away from any heat sources. You should ensure that there is adequate ventilation in the storage area. The storage facility manager should also be duly informed of what inflammable items you have in your unit and in what quantity.  8. Money, Jewellery, and anything ‘priceless’  While […]

  • The Best Way for Organizing Your Paper and Documents

    The Best Way for Organizing Your Paper and Documents

    Paper clutter is one of the easiest to gather in the house or office. You don’t even realize it, and it creeps up on you. Documents, records, tax papers, project plans, forms, medical prescriptions, wedding cards- they keep accumulating season by season. And one day you look up to find yourself drowning in it, unable to find that one sheet of paper that you require so urgently. The solution we suggest? Self storage. And it works like a charm. How? You won’t have to go black and white. Throw or keep? No need to be all in or all out. If it’s not important right now, you can keep it in self-storage and retrieve it when it is needed. So where do you start? With the Shri Ganesh step of all decluttering sessions: hauling out every document that you want to inspect during this process. This way you’ll have a clear idea of what you are dealing with it and will be able to formulate an appropriate course of action. Begin sorting through the documents and categorizing them as ‘office stuff,’ ‘self-storage stuff,’ and ‘time to get rid of this’ stuff. Once you’ve gone through the entire lot, sell off the ‘time to get rid of this’ pile to a kabadi waala. Organize the office pile properly on your desk and in your cabinets. And get ready to work more through the self-storage pile. Categorize the documents to be stored in the facility on the basis of the access frequency, i.e. whether you will be accessing them frequently or pulling them out twice/ thrice a year. Those with higher access frequency will go at the front of the room/ locker that you choose. Store these papers in a box, and label all your boxes clearly with relevant details like the type of paperwork they contain and any important dates. For business document storage this organization is vital. Within the cabinet or facility, too, arrange the boxes according to the year. Take your papers to the facility in the best possible condition. Mold growth can cause quick damage. Hence, ensure all documents are dry. If possible, get any old, yellowed papers photocopied or printed again, so they are in the best shape for storage. In the facility, documents should be stored on plastic pallets, so they are protected from any internal damage within the unit. The papers in your office are valuable and can spell the entire past, present, and future of your organization. Hence, invest in self-storage solution and take a significant step towards thorough business document storage especially since tax season is here and you need to keep all records straight. What are you waiting for now? Get document storage!

  • The 6D’s – Drivers of Self Storage Demand

    The 6D’s – Drivers of Self Storage Demand

    In the US, UK, and Australia, the self storage industry is a thriving market. The value of the US self storage industry in 2014, was $24 billion with 2.3 billion square feet space for lease. In 2019, the numbers would only have gone up. In other parts of the world, Asia, for example, the self-storage market has planted its roots but is still growing. In the beginning, the experts concluded that there were four drivers, meaning four factors that keep the industry’s wheels spinning. While three of these drivers were agreed upon by all experts (death, divorce, dislocation), the remaining one was in dispute. CBRE says the fourth one is density. Wikipedia says its downsizing, whereas the head of a self-storage facility says its disaster. However, definitions have now expanded, and what was four became six. Now we have six drivers (Six Ds) – six factors that keep the industry alive and ensure that there is a regular demand for commercially available space. Read on to know what these six drivers (Six Ds) are. Death Death is one of the most common reasons for thinking about renting a space in a storage facility. The belongings of the deceased have to be sorted, divided, or given away. The house of the deceased individual has to be cleaned and put on sale. In such a situation, the question of where to put their belongings arises. Most family members are in a state of grief and unable to deal with the monumental task immediately, or there is an excess of valuables that completion seems like an impossible goal. A self storage unit is a perfect answer. It allows family members the time to deal with grief, mourning, and what to do with the valuables in a manner that best fits them. The death factor is what has led to the rise of the self-storage market in Japan. The government fears that 40% of Japan’s population will be aged 65 or older by 2060. Between 2015 and 2030, the death rate in the country is expected to increase from 4.0 to 5.8. That is a significant number. The belongings of the people who pass away will have to stored, sorted, and cataloged. Self-storage units will be more in-demand than they ever were. Divorce Another demand driver for self-storage is divorce. When a couple splits up, one person usually has to move out. Divorce creates a demand to store the couple’s belongings and valuables into neutral territory, until the time they are relatively divided. Between 2000 and 2013, the number of yearly divorces in Hong Kong increased by 68% and by 46% in Singapore. The increased number of divorces have also increased the demand for self storage units, as couples navigate the tricky terrain of being civil and split their belongings between themselves. Density No metropolitan city on Earth can have a big expansive home for everyone. These cities are usually cramped, and the number of people per inch or square foot of that space is over-the-limits already. Hence, a density problem. The average household space per person in HK is 167 square feet, and it doesn’t come cheap. The same situation is in Tokyo and Singapore, having 329 and 247 square feet of space respectively. In the US, this space is 980 square feet. With such small spaces assigned, people have to take the help of self storage units. Even rotating seasonal items back and forth helps enormously in making space. Dislocation Dislocation can be due to positive factors or negative factors. Positive factors include moving to study at college or university, marriage, a job change, whereas negative factors can be eviction, getting fired from a job, etc. Marriage creates a demand for extra space as two households merge. Moving away for tertiary education creates space demands for students as well as parents. Parents can turn their kids’ rooms into gyms, and this would create a need for space to keep the child’s stuff. Finally, the employee turnover rates in Asia are higher than in the Western world, according to a CBRE report. 63% of employees in HK, 46% in Singapore, and 30% in Japan will change jobs after 1 or 2 years. The growing young urban population has no issues with mobility. During their transition periods, self-storage facilities can come in handy. Given all these demand drivers, the growth of the self-storage industry in Asia is still low as compared to the increase in the Western world. The following reasons can account for this rate: Land tenure Less awareness about the existence of these facilities Short lease terms Scarcity of suitably sized properties However, as knowledge about these facilities spreads in metropolitan cities, the industry is hopeful that self-storage units will become mainstream in no time. Disasters Climate change has spelled a new era of disaster for all of humanity. The UN has alerted the world that we have about 12 years to prevent an irreversible climate catastrophe. Droughts in Argentina, the cyclone Ava in Madagascar, extreme cold weather in the whole of Europe, scorching heat during the month of Ramadan in the Middle East, massive floods in Japan – all of these incidents threaten the survival of people. When people relocate after this, they do not have homes that are ready for storing their valuables immediately. Self-storage facilities can provide the space desired to stack the remainder of people’s belongings as they set out to rebuild their lives. Downsizing Even as the consumer culture spreads rampant, the adage ‘less is more’ also catches on with equal speed. After living in large homes with a mind-boggling amount of stuff, people look to pare down their belongings and move into a smaller house. Other reasons for downsizing could be- kids moving out for college, retirement, or the fact that a more modest home is infinitely easier to maintain. While downsizing, however, not all of the stuff can be sold or given away in one go. Hence, while finding appropriate buyers, all of the belongings can be kept in a self-storage unit. One can move into their newer and smaller abode […]