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A Glance at the Types of Commercial Property

When we talk about real estate, there are two common terms that are used- residential property and commercial property. To make understanding easy, it is often said that the property that is not for residential purpose, can be classified as commercial property. If you think that only office spaces can be categorized as commercial property, then it’s time to get your facts right! Office spaces, warehouses, retails centers, hotels and resorts are all a part of commercial property.

If you are looking for a commercial property for rent or are willing to invest in a commercial property, there can be no better location than Gurgaon. Office spaces, retail spaces or hotels- whatever your choice may be, the location is ideal for each one. Let us have a look at the various commercial property options available.

commercial property

Office space and warehouses: If you are planning to invest in an office space in Delhi NCR, you have made a great choice as you can buy and rent the property and enjoy maximum returns on the property. Also, investing in a warehouse is a good choice as both office spaces and warehouses generally have triple net leases. This means that your tenant will be responsible for paying the rent, maintaining and repairing the building, insuring the property and paying the taxes of the real estate. As a matter of investment, nothing can be better than this option.

Commercial retail space: Retail spaces comprise of malls and shopping centers. Investing in a commercial retail property too is a great choice as these can also be rented out on triple net lease. The taxes and expenses generally rise and as a investor, you too will receive a higher rent. Commercial retail property can further be divided into strip center, power center, community retail center and regional mall.

Hotels and resorts: Hotels and resorts also come under commercial property. The hotel can be full service hotel, extended stay hotel or limiter service hotel. However, if you are a first time investor, investing in this type of commercial property might be a risky decision as you may or might not earn profit.

Once decided to invest in a commercial property, make sure you consider the above mentioned options and only then make a decision.

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Things to Keep in Mind While Purchasing a House in Delhi-NCR

There has been a steady increase in the cost of properties in metropolitan cities. Urbanization has led to multiple job opportunities in the capital and surrounding areas. People from neighborhood villages and towns are going to Delhi and National Capital Region in search of better opportunities. This has resulted in an increasing demand for real estate in these regions.

Everyone wants to own a house or an apartment, in a good housing project in NCR and Delhi. Real estate investments in these areas are the hottest deal in terms gaining a huge profit in a limited span of time. These investments can be long or short term investments as per the capital available.

home in gurgaon

Gurgaon residential properties are also very popular for investment purposes. But, such investments are risky, if not done at the right time. Researching about the property is probably the most important thing to do while investing in a house. Lack of information can either make you lose on a good investment opportunity, or can lead you towards making a bad decision. For an average person, this is probably the most important and expensive decision of their life, so one has to be really careful while choosing a property.

Following are some of the things to remember while purchasing a house in Delhi-NCR:

  • Check for the registration of the real estate developer
  • The property should be legal and should follow all government rules
  • The area should have good connectivity by metro and road
  • The housing complex should have ample parking space
  • Healthcare and other services should be easily available
  • Uninterrupted electricity and water supply
  • Surroundings should be beautiful with availability of greenery, open space, fresh air and sunlight.
  • Proximity to schools, hospitals, parks, etc.
  • Availability of good security, elevators, power backup, etc.

The rate of the property, amenities and the locality around the premises, are important factors while preparing a budget of the property. Apart from houses in Gurgaon, other property options available are luxury apartments, flats, plots, villas, bungalows, etc. Good commercial properties are also available in Delhi-NCR and can be bought in a similar way. Properties in Gurgaon, new residential projects in Jaipur, Ambala as well as Faridabad, offer some amazing real estate options at affordable prices.

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Purchasing Real Estate in Gurgaon

One of the most preferred locations to buy real estate these days is Gurgaon. There are a number of reasons for such an upsurge in the property market of Gurgaon. 3 and 2 bhk flats in gurgaon, are the best investment options for investors. Stock options are considered as a risky investment for the average investor, on account of fluctuating sensex and the international economic meltdown. In this scenario, purchasing a property is a safe option for the average citizen.

Gurgaon is one of the rapidly growing corporate hubs in the country. This feature alone is enough to justify purchasing real estate in Gurgaon. The property market in Gurgaon has seen an immense appreciation over the last decade. Excluding the major economic recession, there has been a steady growth in the appreciation of Gurgaon real estate. Gurgaon market did not have to go through a lot of fluctuation, even during the economic slump. (www.cookwarejunkies.com) There has been no considerable effect on the average middle class housing market.

investment in gurgaon

Buy 3 bhk flat in Gurgaon, for an assured appreciation in the property market. The primary reason for Gurgaon being considered an elite location for real estate is one, it being a major corporate hub of India and secondly, because of good planning and infrastructure in the city. Economic liberalization and globalization has led to India becoming a world market and attracting global attention. This has resulted major multinational corporations to open their offices in the sub-continent. Major multinational companies, including IT, KPO, BPO, etc, have found their ideal office locations in the city. These companies preferred Gurgaon as the choice of location for their branch offices. Its proximity to the national capital as well as world class infrastructure, made it an ideal location.

Premier infrastructure development companies have chosen Gurgaon for real estate development. Along with other housing units such as flats, condominiums and luxury apartments, there are a number of premium houses for sale in Gurgaon. The presence of major commercial establishments like multiplexes, malls and designer stores have made Gurgaon an even more lucrative option for real estate. Apartments for sale in Gurgaon are available at varying prices, making them an affordable choice for all classes.

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Future of Investment in Jaipur

Investing in real estate is one of the best bets as it offers higher returns as well as contains elevated appreciation value. However, the important question that arises here is whether to invest in a residential property or in a commercial property and which location should be chosen? You can buy property in Jaipur at very reasonable rates and can later sell it off.

Not only it is developing in terms of real estate, but the city is budding in other areas; for example, better roads, connectivity, and establishment of national and international companies, among others. The Delhi Mumbai Industrial Corridor is one of the most important development, people of Jaipur have seen. These factors makes the city the most preferred investment destination.

Future of Investment in Jaipur

Changing in the Overall Face of the City

Along with the Govt. of Japan, the state Govt. is developing the industrial part of the city, which will in return boost the property rates in future. Other important thing is the wide infrastructural development in the calm and peaceful surroundings. Also, the smooth linkage to other cities via highways, airports and railways make the commuting easy. Moreover, Jaipur will soon witness high property rates as soon the metro project will become fully operational. You can invest in houses in Jaipur considering these points, which will boost the rates speedily.

Luxurious Residential Properties in the Pink City

Today, various renowned builders are coming up with a wide range of apartments, villas, floor houses and flats. Jaipur has come up with all these promising property options, which will certainly see an appreciation in terms of finance. Moreover, Jaipur flats are constructed with proper planning and in accordance with the latest industrial norms. These flats have all kinds of luxurious facilities, including modular kitchen, wooden works, large balconies with sitting arrangements and spacious windows for proper ventilation.

Along with 24-hours water and electricity supply, the flats are equipped with fire alarms and have green surroundings. Park, activity area, proper parking space, community centre and gym centre are some of the additional features of the apartments in the city.

Above are some of the features and facilities available in the city, which are making it a perfect investment destination for one and all.

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What to Keep in Mind While Opting for a Residential Apartment in Gurgaon

Gurgaon has become one of the hottest destination for investors and various builders are coming up with projects in Gurgaon that offer a luxurious yet comfortable lifestyle. If you are willing to invest in the millennium city, opting for a residential apartment in Gurgaon is certainly a great choice. Investment is a wise choice but at the same time risky too, thus, one must always consider a few factors before taking the final decision. Let us make your work a little easy. Here are a few things that you must consider while opting for an apartment.

residential apartments gurgaonSize of the apartment: Your house must be large enough to accommodate all your family members. This should be kept in mind while looking for an apartment. Make sure that the rooms are spacious and comfortable. Also, there is no use of choosing a home that is too big for you. Choosing a bigger house will only increase your work of maintenance.

Choose a comfortable floor: The location of the floor should be considered. Societies have various floors and some of them do not have elevators or lifts. The first thing that you must see is the location of the floor that you are willing to choose. You should be comfortable and at the same time you should check the availability of lifts or elevators.

Provision of basic amenities: Make sure that the apartment you choose offers you all the basic amenities that are required for a comfortable living. Facilities like 24 hours water supply, ample of parking space, power backup, swimming pool, kids playground, gymnasium, to name just a few should be provided to the residents.

Location: The society which you plan to choose must be easily accessible. It must have good connectivity with the transportation facilities, must be away from the hustle bustle of the city and grocery stores, schools, hospital and ATM should be at proximity. Last but not the lease, the location must be safe. There must an availability of a 24×7 guard and proper security measures must be provided to the residents.

Affordable: While investing in a property in Gurgaon, make sure you decide your budget well in advance and only then start looking for a property. Different areas in Gurgaon have different property rates, so make sure you choose a location according to the budget that you have already determined.x

By keeping the above mentioned points in mind, you can easily select a residential apartment of your choice in the millennium city.

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A Glance at the Luxury Residential Projects in Jaipur

You may go through great dilemma if you are planning to invest in a luxury residential project in Jaipur. According to industry experts, buying plots in Jaipur can be a good option for you want to enjoy a luxurious lifestyle. Plots in Jaipur are highly suitable for both mid-level and high-level income group as they provide luxury accommodation. (https://www.echelon.health/)

Since, the purchasing power of the people living in Jaipur and even in other major cities has increased, it contributes tremendously towards the investment in the real estate sector. Moreover, the substantial increase in the plots for sale in Jaipur indicates that Jaipur is one of the safest investment options with the assurance of getting high returns and huge profits. In order to meet various demands of IT sector employees in Jaipur, many coveted real estate developers have launched residential projects, which are featured with spacious balconies and a terrace so that you can enjoy your privacy and independence. Moreover, these houses are applauded for their earthquake resistant features and water-leakage prevention facilities.

Luxury-Residential-Projects

Till date, Vatika Group has successfully catered to the requirements of various clients looking for luxury residential projects in Jaipur. Besides, it has also helped in generating large employment opportunities in Jaipur too. This is the reason they are witnessing huge investments in their real estate projects. The Jaipur projects comprise of aesthetically designed residences, which offer a perfect blend of comfort and luxury.

Luxury residential projects in Jaipur have been successful in attracting hefty investments and increasing real estate demand. These projects are also massively taking place in the peripheral areas of the city as the cost of land is rising in the main areas of Jaipur city. Owing to the good climatic condition, decent locality and state-of-the-art infrastructure, Jaipur has evolved as one of the rapidly growing residential cities in India.

Jaipur residential projects are a great source of investment for almost all types of property investors. The recent investment trend clearly depicts the potential of growth in real estate that Jaipur as a city carries. However, before investing in the emerging real estate sector of Jaipur, you should know your goal very well. You should research and know the best options available before investing your hard-earned money in any luxury residential project of Jaipur.

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Top 5 Real Estate Property Locations in Jaipur

Jaipur, the capital and the largest city of Rajasthan, is one of the most popular cities of our country that is steeped in history and culture. This pink city, which is known to world as a city of monuments, forts, handicrafts, gems and exports industry, has gradually progressed as a hot real estate destination in the recent years. Jaipur, rightly sets an example of the correct blending of tradition and modernity and is evolving perfectly in the real estate sector. The city is also very well connected to Delhi, Agra, Udaipur, Jodhpur and Jaisalmer through roads/highways, rail and airways. We present below the top 5 real estate destinations in Jaipur:

Residential-Township-in-Jaipur-VatikaGroup

Jagatpura: An upcoming location in the south-eastern part of Jaipur is Jagatpura. The location of Jagatpura is well-planned. (theseedpharm.com) It is located very close to Sanganer Airport and railway station. Many educational institutions are being set up here. With Reliance Medicity, Bombay Hospital, Apex, Narayan Hridayalaya being planned for development in this location, Jagatpura will soon be a hub for good medical facilities. There also has been reports of appreciable market traction in this area and various residential projects in Jaipur have witnessed a price increase of approximately 10-14% in last one year. Proposed ring road, metro rail are another highlights of this location.

Tonk Road: Another well developed location where you will find ready to move in flats in Jaipur is the area around the Tonk Road. This road is well planned and runs parallel to the Jagatpura micro-market. This location is in proximity with the central part of the city. A number of residential projects and properties in Jaipur are being developed here.

Malviya Nagar: The real estate in Jaipur will be incomplete without mentioning Malviya Nagar. This is a prime property location in the southern part of Jaipur. This location shows a perfect amalgamation of commercial, retail and residential development. The region has a number of schools, hospitals, malls and multiplexes, International airport terminal 2 in close proximity, that makes it one of the most desirable locations for properties in Jaipur.

Adarsh Nagar: This is another prime location in Jaipur, just 3 km towards the east of Jaipur city centre. The area has good residential and commercial development and also has good road connectivity with other parts of the city.

Vaishali Nagar: An affluent location in west Jaipur is Vaishali Nagar. This area has been witnessing both residential and retail and commercial development. There are malls, multiplexes, restaurants, including banks and telecom sector offices in this location. The most premium colony of Vaishali Nagar is Nemisagar.

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Why Choosing an Apartment in Gurgaon is a Good Option?

With the rising demand of apartments in Gurgaon, various builders in Gurgaon are coming up with new, interesting and luxurious projects. This is giving the people a chance to live a luxurious lifestyle that they had always dreamt of. These apartments provide you all the amenities that are required for a luxurious lifestyle. You can enjoy a comfortable living and enjoy all the facilities. Here are a few reasons why choosing an apartment in Gurgaon is a great choice.

Gurgaon - Good for Property

Accessible locations: Your residence should be located at an accessible location. The apartments in Gurgaon are built in accessible locations. This means that you have easy transport access.

Well-furnished interiors: It is an absolute delight to live in an apartment in Gurgaon. These apartments are well-furnished and the price of these apartments are within the reach of a common man. The flooring, ceiling, interior and furniture of the all the rooms as well as the bathroom is done beautifully and is appealing.

Ample of space: Living in less space is a big hassle. Moreover, if you have too much furniture with you, living in less space becomes all the more difficult. The best floors in Gurgaon provide you ample of space for a comfortable living.

Security: The apartments in Gurgaon have been built keeping in mind the security factor of the residents. Proper care is taken for the security of each and every resident. Some apartments allow entry only through a doorman while some provide the feature of entry through access card or secure key. This ensures your safety and allows you to live a stress-free life.

Power backup: Be it watching the television, working on a laptop or using an electrical appliance in the kitchen, we depend on the electricity for most of our daily needs. The floors in Gurgaon come with 24 hour power backup, This means that you need not worry about the electricity at all and you can enjoy the electricity at any time of the day. (https://daveseminara.com/)

Other amenities: The residents living in these apartments can enjoy various benefits like swimming pool, gymnasium, club, parking space etc.

With the provision of all these facilities, life becomes easy and enjoyable. You can relax, enjoy all the amenities, that too at affordable prices.

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Why is Investing in a Commercial Property a Smart Choice?

When we talk about investments, one of the best choices an individual can make is of investing in commercial real estate. Many people cannot decide whether investing in a residential property is beneficial or they should opt for commercial investment properties. In this blog we shall discuss everything about commercial property and the benefits of investing in a commercial property.

invest in a commercial property

What is a Commercial Property?
To start off with, let us first get an understanding of what a commercial property is. In very simple terms, every other property that does not come under residential property is known as commercial property. These properties include offices, buildings, shopping complexes, hotels and industries, to name but a few. The residential property is for an individual’s personal use while a commercial property is used by more than one person. Whether we talk about commercial property for investment or sale purpose, the choice is always beneficial. However, an investor should always be very careful while investing in the property.

Why Is a Commercial Property a Secure Investment?
Once you decide to invest in a commercial property, you can be assured that you have made a secure investment for yourself.

  • One of the biggest advantages of investing in a commercial property is that it is an investment property with returns.
  • The money that you spent in buying the property, can be recovered in the form of the monthly rental given by the tenant.
  • If the CPI (Consumer Price Index) increases, the commercial lease also increases with it. This means that if there is any increase in your expenses, that amount will be directly added to the monthly rental that is paid by your tenant.
  • A huge amount of the operating cost is paid by the tenant through the structure of NNN or NN lease.
  • If any changes are made to the property, the tenant bears the expenses.

How to Play Smart While Investing
To make the right choice, it is very important to consider a few factors before making the final decision.

  • Always check the infrastructure completely. Do not go only by the outer appearance.
  • Estimate the monthly rental that can easily be generated and compare it with the amount you would be spending. Make sure that you are not at a loss by the end of the deal.
  • Set up a budget and choose a property within the predetermined budget.
  • Make sure that the property is located at an accessible location.
  • Study about the area and consider the future prospects of your current investment.