In the past few months, the demand for commercial properties has increased to a larger extent. Commercial property comprises of industrial estates, office space and retail blocks. It is seen that strong demand from IT-enabled service sector, banking department, insurance segments as well as industries like pharmaceuticals, engineering and manufacturing plays a pivotal role in driving the demand for commercial properties. The major reason behind the growing demand for these properties is that companies are looking forward to get bigger due to much improved business conditions.
Some more reasons to invest in commercial space
Apart from this, there are many people who are planning to enter into the field of business and for this they are in the search of a decent working place with all the important facilities. In addition, it is believed that the rental yield for commercial space is generally 8-11% in comparison to residential properties, which is usually 2-4%. For your commercial property, you can easily find tenant in the future. It is also believed that with the oversupply in commercial spaces, prices are relatively low and it holds scope for both capital appreciation as well as regular income, which is possible through monthly rentals. With more and more Indians realizing their entrepreneurial dream, India is witnessing a steady growth in business and by choosing a decent place to work; these business owners are managing to give all the comforts to their employees. Hence, there is no exaggeration in saying that there is a huge increase in people who are investing in commercial properties. On the other hand, if anyone is not sure about investing in such property, then you must consider that investing in office space or retail store is a very good proposition.
Today, investment in such real estate property has emerged as the more prudent option. So, if you are the one who is looking forward to invest in such property, then today the market is flooded with a wide range of such type of properties in which some of them are as follows:
- Galaxy Shoppe
- Supertech Mart Romano
- IDI Sadar Bazaar
- Gaur Galleria
- Fusion Ufaria
- Mahagun Premium Office Space
- Spectrum Metro
All the above mentioned properties are located at prime locations and are equipped with a wide range of amenities such as 24*7 security, power backup, spacious conference hall, ATM facility, food court, maintenance staff, ample space for parking and many more. In addition, these properties are thoughtfully planned so as give an amazing working experience.
Hemant is a professional writer who shares fruitful and correct information on Commercial Property . In addition to this, He writes articles and blogs on several other real estate properties that enable property seekers to take the right decision.