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Top 4 Reasons to Invest in a Commercial Property

Investing in a property is one of the best decisions, but often people get confused whether they should invest in a commercial property or in a residential property. It is always a good choice to invest in a property that gives high returns and there can be nothing better than investing in a commercial property. While making an investment in a property, make sure that you are careful and follow one step at a time. Here are some factors that will help you understand why it is beneficial to make an investment in a commercial property.

commercial investment

A commercial property is an investment property with returns: If you own a commercial property, you can generate a good monthly rental and increase the return on your investment. Moreover, while renting your property, you can involve your tenant in a long term lease. This will ensure that you keep receiving the rent for a long period of time. In cases of residential property, the tenant might sign a short term lease and you may have to look out for a new tenant in every 6-12 months.

Tenants of commercial properties are responsible: For some property holders, renting a residential property becomes a nightmare thinking about what kind of tenants will be living in their property. But when you rent a commercial property, you can be assured that your property will be safe as it will be used only for some hours everyday. Tenants of your residential property can throw a party every night, but this will not be the case if you rent a commercial property.

Commercial property investment market is less competitive than the market of residential property: When we compare the market of residential property with the market of commercial investment property, the later is undoubtedly less competitive. There is less demand of commercial property, but once you find a potential tenant, you can be assured of high returns.

Commercial property is used for limited hours: If you rent a residential property, you must be prepared to attend your tenant at any time of the day, even at midnight, in case of an emergency. But, the case will not be the same if you rent a commercial property as the commercial property is used only for a limited period of time on a daily basis.

When we consider the above mentioned factors, it becomes certain that investing in a commercial property is undoubtedly a better option.

Read More: http://www.vatikagroup.com

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Planning to Invest in a Residential Property? Avoid These 4 Mistakes

Gurgaon, the millennium city has developed at a rapid pace and more and more people are willing to invest in a residential property in Gurgaon. Investing in a property is undoubtedly one of the best decisions an individual can make, provided done in the right manner. First time investors generally make a few mistakes about which they regret at a later stage. Here are a few mistakes that you must avoid while investing in a property in Gurgaon.

Time to Learn to invest in property

Mistake 1. Not conducting a proper research
Conducting an extensive research is one of the thumb rules while planning to invest in a property. Various residential properties are available at different locations and the price of every property varies. All you need to do is determine your budget and your preferred location and then conduct a research in the locality. For example, if you have made up your mind to opt for floors on NH 8 Highway in Gurgaon, look for the various residential options available only in that area depending on your budget.

Mistake 2. Not taking the help of an expert
Admit it – a real estate agent has more knowledge about the current propertytrends and prices and there is no harm in taking the help of a real estate agent. These experts can help you make the right deal, that too without toiling much. For example, if you are looking for flats in Gurgaon, a real estate agent will help you find an affordable flat in you desired location.

Mistake 3. Paying more for the property
This mistake generally happens when you do not seek the advice of a real estate agent. Opting for the best floors in Gurgaon does not mean that you have to put in extra money. You should only pay the actual price of the property. The best way to know about the actual price of the property is by taking the help of a real estate agent. If this does not suit you, take some time out and conduct a research about the value of the property.

Mistake 4. Not estimating the overall expenses
If you are planning to opt for an apartment in Gurgaon, the first thing that you should do is calculate the expenses that you will have bear. By calculating the expenses, here we do not mean only the price of the property, but also, expenses like repairs and maintenance costs,to name just a few. This will keep you financially ready for the long run.

If you too are a first time investor, make sure you avoid these mistake and make the right deal.

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Luxury Homes in Gurgaon Not Losing Touch

Gurgaon is a dream destination to purchase a home, therefore, its properties have emerged as being the most favored by home buyers. Spaciousness, tranquility and greenery along with modern amenities and facilities ranging from schools, sprawling malls to state-of-the-art hospitals, are some of the reasons for Gurgaon to be so popular.

The real estate market in Gurgaon has grown tremendously, ever since number of MNC’s decided to set up their offices in Gurgaon and the pace hasn’t slowed a bit. According to real estate builders, ready-to-move in luxury homes in Gurgaon are considerably hot. A lot of people are now looking for luxury under-construction housing projects in NCR. However, property rates are now stabilizing, with so many real estate developers coming up with new projects.

Luxury-Apartments

High-end luxury apartment market is witnessing a sudden spurt and experts are of the opinion that this is probably the best time to invest in luxury homes. Luxury projects are being sold within a few weeks of being launched. Even though the mid-market segment, including plots in Gurgaon is hugely in demand. People are now ready to invest in expensive homes with world class amenities.

Quality of life in privately managed luxury residential apartments is relatively comfortable due to high standards of security, maintenance, sanitation and private parking being the norm. These luxury homes in Gurgaon have 24/7 power backup, which is very important for a city that suffers from power cuts of 10-15 hours a day. These apartments have modern facilities ranging from beautiful interiors, excellent woodwork, modular kitchens and well designed exterior. The services and pricing of each project depends upon the kinds of facilities available and the target audience.

Other facilities available in such luxury projects include swimming pools, sports complex within the project, health clubs, Wi-Fi facility and world class kids play area. Luxury Villas will generally have all these facilities, plus they may be more exclusive and better built than regular luxury flats. These projects are built as per the kind of residents that the builder is expecting. These flats and villas are not only purchased for residential purposes, but people invest in such properties with the purpose of renting them out. This way they can recover more than the invested amount.

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Investing in Pre-Launch Projects in Gurgaon

Gurgaon, the millennium city, is growing at an express speed. With respect to its proximity to national capital, people are choosing the city as their home. Moreover, the growth can not only be seen in infrastructure and development, but also the population of people living here. Today, you can see biggest of MNCs in the city, along with hotels, schools and education system. Besides these, commuting has become very easy for the people living here. The city is not only beneficial for living, but also if you are looking for investment. One of the highly profitable investment areas is investing in property as builders are coming up with various projects in Gurgaon.

Pre-Launch Projects in Gurgaon

Preferably choose either an upcoming projects or already on sale. There are various villas in Gurgaon for sale available in the city. Similarly, 2 to 5-bhk flats for sale in Gurgaon are available for purchase.

However, buyers who choose to invest on pre-launch projects are generally opportunistic investors and are usually ready to wait for a couple of years for the possession. Here’re some tips an investor should keep in mind while investing in a pre-launch projects:

Know your project: It is very essential to know about your project. See what type of project you are looking for investment as you can get ready to move flats in Gurgaon, villas, flats and more for the investment. Also, this will help you to decide on the investment amount.

Who is your builder: Check different builders bringing the project in the city. First-of-all make sure that the builder is credible and has many projects on its name. A reliable residential builder with a good reputation in market is usually a safer bet for investment.

Credibility of project: Make sure the builder has land with free and clear ownership, where the project is being built. Along with checking the agreement between builder and the land owner, also check land is non-government property and is legal. Moreover, see that project should have a commencement certificate in place.

Growth forecast: It is essential to know about the growth prospect of the area in which project is building for the better return. Check the neighbourhood for the developments like market and other important infrastructure.

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Difference Between Retail Space and Office Space

Various builders are coming up with excellent commercial projects in Gurgaon. When we talk about commercial property, you have options like office space, retail space and industrial space – all you need to do is determine what will suit your requirement. Each property offers different features to the tenants depending on factors like location and nature of business. But before you select a commercial property for rent, it is very important to understand the difference between the properties available. Let us have a look at the difference between retail space and office space.

Commercial Retail Space
A retail space is generally expensive than the office space. This setup generally resembles an anchor store and is surrounded by smaller stores. While looking out for a retail space, try choosing the space that is closes to the anchor store. This will attract more traffic to your store. A few factors must be kept in mind while looking for a retail space. Those factors are:

Visuality: The visibility of your store is something that matters the most. People should be aware of your presence and for that your logo should be clearly visible. Before deciding on the the space, find out where are how can you display your logo.
Accessibility of the store: The next thing that you should look out for is the accessibility of the store. Visitors should have an easy access to your store even if the surroundings are busy.
Availability of parking space: The visitors should have the facility of parking their vehicles in a safe place. When you look out for a retail space, do check if there is ample space available for parking.

Retail Space vs Office Space

Commercial Office Space for Rent

When you compare a retail space with a traditional office, the latter is certainly less expensive. The lease of the office space is generally for a long period of time and can be easily renewed. If you are willing to opt for an ideal office space, that too at an economical price, there can be nothing better than a office space on lease. Here are a few factors that should be considered before making a decision.

Visibility: It is very important to check the location as it is one of the prime factors that affects the visibility of a business.
Relocation: If in future you plan to relocate, how will your customers be informed about it? This is something you need to think of in advance.
Convenience: The convenience of the customers is of utmost importance. Make sure that before finalizing the space, you check that the location is easily accessible.

It is always a great choice to seek the advice of a real estate agent as he will understand your requirement easily and guide you on the right kind of property.

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Gurgaon: The Most Desired Destination for Real Estate

Gurgaon real estate has experienced constant growth in the last couple of decades. Some of the top real estate companies in India have invested in Gurgaon, triggering a demand for real estate in the city. From residential, to commercial, to retail, Gurgaon has undergone remarkable levels of development. Real estate companies in Gurgaon have redefined architectural excellence with new age construction and a modern skyline.

Gurgaon

Reasons for Increase in Real Estate Investment in Gurgaon

Gurgaon is highly feasible for property development because of the establishment of top MNC’s and IT companies in the city. Its realty market generates high demand because of the office spaces in Gurgaon, along with its residential and retail structures.

Another reason which works in the favor of real estate companies in Gurgaon is that it is in close vicinity to the airport, as well as the national capital of India, New Delhi. There are a number of modern housing complexes and planned residential areas which are encouraging buyers to choose Gurgaon as their permanent residential address. Luxurious bungalows, condominiums and plush apartments make Gurgaon a posh address. Real estate companies in Gurgaon want to reap the benefit of this substantial growth.

Property rates in Gurgaon have increased a lot over the past few years. Gurgaon’s world class infrastructure has placed it among the best cities of the country. An eight lane national highway and Delhi Metro have added to the glory. It is a metropolitan city equipped with all the hi-tech amenities of the modern world. This makes it a good corporate destination, with amazing office spaces in Delhi/NCR. Most multinationals have found the perfect city to have their head office and branch office. The city has now become the commercial hub of the country.

Development of various schools, colleges and professional institutions have turned Gurgaon into a city which provides ample educational opportunities. Good transport facility connects the city well with the neighboring states, as well as the national capital.

The city has enhanced its position as being a world-class real estate destination. Its connectivity as well as state-of-the-art office spaces, give Gurgaon an edge over other cities.

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Buying a Property in Jaipur? Some Guiding Tips to Help You Make the Best Choice

The Pink city, a major tourist destination, known for its heritage sites, forts, handicrafts, jewelleries, traditional rich culture, has fast emerging as India’s leading investment destination hub after Gurgaon, Noida, Pune. The well planned city , the wide roads, clean and peaceful city, Jaipur has lured people of other neighbouring areas to buy properties here as investment.

profit to buy property in jaipur

We give below some essential guiding tips for property investment in Jaipur

  • Residential plot or apartment: The most lucrative sector as of now is the Jaipur Highway, which connects Jaipur with Delhi. The world class expressway, which is under construction, will be completed by June 2015. Many renowned real estate developers like Vatika Group are coming up with many projects along the highways. If you are planning to invest, then this is the best time. You can opt for buying a residential plot in Jaipur, which would cost less than an apartment in Jaipur Highway, at present. Once the expressway is completed, the residential property prices will rise. Residential plots on the highway or the integrated townships coming along the highway are better options.
  • Selecting a developer: Many small and new developers are emerging in the Jaipur real estate sector. It is to be noted that projects being developed by a new builder or an unknown builder are prone to delays in completion, though their offers will be comparatively cheaper. Investors or customers should always pay a little premium but should opt for a branded or reputed developer who will ensure the project is executed or completed on time and you know that your money is in safe hands.
  • Absorption: Jaipur is fast growing in the likes of Gurgaon but it has not reached that stage yet. The areas like the outskirts of Jaipur or the expressway have large inventories and absorption could continue to slow down. In areas with low absorption rate, residential properties are less costly. Hence these are suitable for long term investors, who can wait for 5-10 years. You should investment in property in such areas only if you do not have any plans to sell off the property immediately.
  • Specification: Look for areas that are adjacent to an open public park or greenery around because when buildings and townships grow tall, it becomes difficult to find large open spaces, which is the case in Gurgaon or Noida now. In Jaipur, there are still lot of open spaces available. So when you buy a property, make sure that your area has some space around it, so that there is no question of over crowdedness.
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Tips For NRIs To Invest In Commercial Property In India

It is becoming a challenging task for Non Resident Indians to invest in Indian property as rupees are touching the grounds in comparison to the dollars. Different cities from Delhi and Mumbai to Gurgaon and Noida, every town offers commercial property for investment purpose. If you are an NRI and planning to invest in property in India, preferably consider investing in commercial real estate. Finding a commercial property is not at all difficult, but investing in the right one requires little caution. Below are some tips for NRIs to look before investing in commercial property in India.

Tips for NRIs to Invest in Gurgaon

Location: Before choosing a commercial property for investment sale, make sure you check economy, job market and population growth in the market. Moreover, investors should check the reliability of the location, along with demand and supply dynamics. Appropriate research is very much needed before investing.

Type of property: Once you have decided on the location, check the type of property you want. The most popular properties for this include retail and office spaces, but preferably go for a property with good return. Till few years back, there was only large units available in both, which made it difficult for small investors to invest, however, with the smaller spaces, it has become quite easier. In addition, experts believe that investing at high street is more beneficial than a mall as it can be failure. This is because shops in a mall are sold before its construction and developers restrict to sell a store as a unit.

Expected returns: Professionals suggest keeping a higher budget for any commercial investment will provide higher return of investment. When you buy a property make sure you get at least 11 to 12 per cent of return. The income generated from a commercial property determines its value or it can also be said that capitalisation of the property directly depends on the demand for the property. Investing in commercial property can be a high-return game if you do your homework well.

These are some of the important tips that would help you to invest in right type of commercial property at correct location, which will provide maximum return of investment.

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Haryana: A Flourishing Real Estate Destination around Delhi

Delhi-NCR is the most preferred investment destination especially for the real estate buyers and sellers. And even if you are looking forward to invest in a property near Delhi, Faridabad can definitely be included in your list of locations. Faridabad is making its position in the real estate market as it offers high return on investment, better pricing and safe environment. Moreover, Faridabad has speedily developing infrastructure, improved connectivity with Delhi and other near-by areas, and world-class projects. You can easily find different and appropriate office space in Faridabad. Besides Faridabad, plots in Ambala and Gurgaon are also blooming at a good speed. Below are some reasons of why Haryana and especially Faridabad and Ambala are coming up with excellent real estate opportunities.

Real Estate Haryana

State-of-the-art Infrastructure: From state-of-the-art infrastructure to improved connectivity with Delhi, Haryana has become one of the fastest developing states of the country. Haryana government is planning to construct various expressways and National Highways to connect the state with other bigger states. Moreover, large multinationals and corporate firms are establishing their root here and since last few decades it has become more prominent. Apart from these, government is bringing world-class educational facilities with various schools and UGC approved colleges. Even in entertainment sector cities like Faridabad, Ambala and Gurgaon has topped the chart with some big hotels, restaurants and shopping malls.

Money-spinning Job Opportunities: With so many MNCs establishing in the state, youngsters can easily find money-spinning job opportunities. More and more BPOs, IT companies, and media companies are coming up with their branches in the state. Today, more than 500 companies are in the state for the young professionals and graduates.

Connectivity: Faridabad is connected to Delhi via metro and Ambala via buses and trains; whereas Gurgaon will soon be connected with Faridabad by monorail. This will increase the value of properties in different areas. Demand for both commercial and residential properties will touch its peak high.

You can also find best plots in Ambala in different sectors, and popular being the plots in sector 23. Ambala city is developing rapidly with some of the world-class residential and commercial properties.