The availability of affordable properties and trouble-free connectivity in Faridabad are reasons that have risen the present scenario of the real estate sector of the city. The neighbouring cities, Delhi and Gurgaon have played an important role in enhancing the estimation of properties here and also various corporate firms are willing to build up their branches on the land of the city. Today, various famous builders have brought amazingly huge and advanced projects in the city, for both residential and commercial build up. Also, it is expected that the real estate property value in Faridabad will boom with the availability of several employment options, so if you are looking for an investment opportunity, it is a great choice to invest in commercial projects in Faridabad.
You can easily find good and prospering commercial projects in Faridabad. From manufacturing industries to sectors like BPOs and IT companies, all have built a strong influence here. Here are some of the reasons for the rising property market in Faridabad. Continue reading “Reasons for Rising Property Market in Faridabad”
A common question among investors is, ‘What are the advantages of commercial real estate investments as compared to other investment options?’
There are several investment platforms available today. The stock market is one of the popular options; however, a number of investors are moving out of that venue because of market volatility and low ROI (return of investment). The platform that offers best opportunities and maximum profit in this volatile economy is a commercial property with high return of investment.
Many who previously believed in investing in the residential real estate market are getting into commercial investment properties, as the current market conditions are creating a good opportunity for making this upward transition.
Continue reading “Make a Smart Commercial Real Estate Investment”
Jaipur, also known as the Pink City, is one of the most famous tourist destinations of India. The city is popular for its old forts and gems/jewelry business, and is also one of the fastest growing business centres in North India. It is one of the most well planned cities in India and is located in close proximity to Delhi, as it is well connected by the Delhi-Jaipur highway. It has good connectivity with all major cities, through road, railways and airline.
A major trend in Jaipur’s real estate market is that people are shifting their preference from houses to residential apartments, primarily for security reasons. In recent times, the demand for residential apartments in Jaipur has grown manifolds. As the number of IT firms and business houses in the city are increasing, the city’s residential as well as commercial real estate market is flourishing like never before. With the number of new residential projects in Jaipur increasing constantly, the city is becoming a top notch real estate destination of the country. Continue reading “End User’s Property Destination: Jaipur Residential Real Estate”
The real estate sector is one of the highly fragmented sectors with only some well organized players in the market. Most real estate developers have only local and regional presence, however, there are few with their wings spread all around. It is expected that in the next 10 years, the real estate market will reach to the maximum height as some of the top builders of the country are investing in Jaipur with a lot of value added facilities in their projects. The residential property in Jaipur is proving to be magical as it offers delightful outcome to the investors and they can be seen making a good amount of profit on their real estate investments.
Continue reading “Property in Jaipur: Offering Delightful Results to Investors”
Buying commercial real estate is not an easy task. It is a complex process and at times it becomes even difficult for experts, which also include the entrepreneurs or business executives, to make the correct decision on investing at the right place and maximize their investment value. Also, there is a risk involved in retail space for rent or sell, as sellers, buyers, renters, agents, all can suffer the consequences of a rise or fall in demand. Luckily, the real estate in Gurgaon, brings to you various commercial retail space options in various parts of the city, which have substantial potential rewards for the buyers as well as the sellers.
Let us look at the major factors that must be considered before purchasing retail spaces in the millennium city.
Location: Like residential property, location remains at the No. 1 position for commercial properties as well. Location is always a crucial factor for retail spaces for sale. It must be easily accessible. Continue reading “Buying Tips for Retail Spaces in Gurgaon”
Since last few years, the real estate sector has shown a marvelous growth, not just in metro cities, but also in smaller cities like Jaipur. Investing in the real estate sector is quite in-demand owing to better appreciation rates and periodical returns on investment in India. Also, investing in residential property in Jaipur is quite reasonable as well as lucrative for NRIs. The city, Jaipur has a lot to offer to NRIs as they can conveniently find a wide variety of properties, including villas, penthouse and flats at Jaipur.
Along with excellent infrastructure and tremendous development, the city also offers friendly real estate investment policies for NRIs. The provision of relaxed RBI and Foreign Exchange Management Act rules and regulations for NRIs, make invest in the city a convenient option for the NRIs. NRIs holding Indian passports don’t require any permission; where as NRIs with foreign passports only need to notify to RBI via form IPI – 7 within 90 days. In recent times, many builders have come up with different real estate projects that include luxury apartment in Jaipur Highway, which makes investing in the city perfect for non-resident Indians.
In addition to the above factors, there are few other reasons that act as a brilliant booster for investing in the city. Today, builders are bringing-in theme based housing in Jaipur. Flats are built on a totally new and innovative pattern, keeping in mind the needs of the investors. Furthermore, this is a perfect city for NRIs who are planning for a long-term investment in India.
Development can be seen clearly as Jaipur showcases one of the most advanced infrastructures, that includes various highways, upcoming metro rails and much more. These factors in due course of time will certainly increase the property rates. Expansion of multinational companies in the city is another factor that will help in increasing the price of the properties here.
Stated above are some of the reasons that make the city perfect for investment. Also, it is very convenient for Indian residents as well as non-resident Indians to invest here. So, if you are planning to invest in India, Jaipur has various options to invest in like flats, penthouse and floor houses in Jaipur.
When one decides to rent a property, he/she might face many situations when there is a disagreement between the landlord and the tenant. These difficult situations need to be sorted with patience, so that there is harmony between the landlord and the tenant. By paying attention to some minute details, you can prevent the conflict from happening.
Let us have a look at some common reasons for disagreement between the two.
- There is a difference of opinion between the tenant and the landlord regarding the terms of rent and lease
- The terms of a new lease stated by the landlord are not according to the wishes of the tenant
- If the tenant does not pay the rent on time
- The retail space for rent is not maintained by the tenant as per the expectations of the landlord
- If the tenant violates the rules of the present lease terms and is unable to take the corrective measures
- If the present lease is not being renewed by the landlord
- When the tenant uses more space than that has been allotted to him/her by the landlord
The real estate in Gurgaon, India is developing at an extremely rapid pace and it is the dream of every individual to either reside or work in the city. Various notable companies are establishing their base in the millennium city. Also, the businessmen who are willing to kick-start their enterprises, opt for retail properties for lease in the city. People looking for office spaces can opt for the office spaces in sector 83 Gurgaon. However, only choosing an office space is not enough. One must be ready to deal with the difficulties in commercial and retail properties. Here are some tips that can help you come out of those difficult times.
- Understand what the landlord wants from you: A tenant must understand what the landlord expects from him/her. Either make a note of the instructions stated by the landlord or ask your landlord to give a written copy or e-mail his/her instructions. This will give you a clear idea of what you should do and what not, hence, there will be less chances of disagreement between you and your landlord.
- Keep a copy of the lease: The clauses of the lease must be well-understood by the tenant. You might not remember all the clauses of the lease that you would have discussed with your landlord, thus it is a wise decision to keep a copy of all the clauses of the lease.
- Meet face to face: In case of any disagreement between the tenant and the landlord, it is best to discuss the matter face to face instead of discussing it over the phone. Talking over the phone might create more confusion.
When things are not falling in place between a tenant and a landlord, the best thing to do is act in a wise manner and mutually come to a conclusion.
If you are looking for a commercial property on rent, you should have a planned approach so that you are prepared to handle different situations or difficulties that may arise on the way. There are a number of real estate companies working on behalf of property owners, who are ready to offer some very problematic commercial properties for rent.
Continue reading “Things to Keep in Mind While Taking a Commercial Property on Rent”
Gurgaon has become the commercial hub of the country with various industry giants aiming to occupy a commercial space in the city, by building world-class offices with state-of-the-art amenities. The past decade has seen a steep rise in commercial real estate sector of Gurgaon and the reason for it is its proximity to the international airport and Delhi, the Capital of India. This puts the city at an advantage and makes it an attractive investment option for big and small companies.
Continue reading “Commercial Office Spaces in Gurgaon: A Preferred Destination for Corporates and MNC’s”
Life is sorted and relaxed when you have a place to unwind and rejuvenate after a long and exhausting day. And if that place is located in the middle of sheer luxury and comfort, it just doubles the fun. Gurgaon, being one of the most-in-demand cities, has such amazing looking and comfortable places for the residents. From luxury apartments for sale in Gurgaon to ready to move flats in Gurgaon, you have it all. These housing options not only fulfil your living requirements, but also reflect your status by stating impressive lifestyle statement. Apart from aesthetic appeal and sheer opulence, there are many other advantages of investing in a luxury apartment in Gurgaon.
Tax Savings: One of the major factors is a tax saving. Yes! You can easily save a good amount by money by investing in luxury houses. As per the Income Tax Act 1961, an owner of such places is eligible to get a deduction on interest payable on home loan up to the limit of 1, 50,000. However, if you show that the property is for investment and not for personal use, no limit to a deduction will be received on principal repayment and interest.
Easy To Get Home Loans: Home loans can be easily acquired for luxury flats. Banks offer up to Rs. 2 crores to senior executives with quick approval and striking interest. Also, if you have a stable income source, you are just a correct prospect for banks. And due to the massive amount of choices available, you can even bargain them for a minimum rate of interest.
Better Returns: Don’t forget that luxury apartments or villas in Gurgaon for sale are generally located in a centralized location with huge markets and other facilities around. This makes them a good prospect for better returns. Moreover, these luxury apartments have all the amenities inside as well as outside the house, which include modern facilities and parking space along with a play area for kids and a garden. All these facilities in and around the home promises a better return on investment.