New Delhi, November 26, 2019: Gurgaon has evolved as the rapidly growing sector in North India in regards to residential and commercial real estate and IT sector in last decade. You will observe a hike in the trend of residential investment in Gurgaon and this has further increased the number of investment in retail properties and commercial spaces in Gurgaon including spaces in malls. There are many good reasons why investors and individuals are investing the Commercial Shops in Gurgaon and some of these reasons are covered below for your help.
Flexible Financing
When it comes to investing in the commercial spaces in Gurgaon, most of the investors usually look for the different flexible financing options. The matter of fact is that now investors can even purchase a huge commercial property in Gurgaon without using any of their own money. There is the option of auxiliary financing which is the financing option where applicants get about 100% financing with 1st or 2nd mortgages. This is the financial option which many investors are using to purchase commercial spaces in Gurgaon. There are also other financing options available which one can look for as per their budget and needs.
Proportionate Savings
Many investors are now focusing on buying several commercial shops in one mall and this is the concept that enables them to develop positive agreements with vendors. This leads to ultimate cost saving for further maintenance and improvements of property. So, if you are planning to invest in commercial Property for Sale in India, then ensure to invest in multiple units at one destination instead of investing in different units in different locations.
The property with more than 100 shops or units is always a viable option for investment. This type of property usually has on-site team of contractors, technicians, helpers and security team and they can help in maintaining all works efficiently. You won’t require any contractors from outside to handle the tasks.
Higher Returns on Investments
Another great reason for investing in the commercial properties in Gurgaon is that it guarantees you to have higher returns on investment. Moreover, there are commercial complexes and developments across Gurgaon were you get the option of smaller units of 300 sq. ft and such units allow the investors with low budget to invest in good market. Professionals looking for commercial spaces for self use can invest in such smaller units and when they sell them they are likely to get higher returns.
Plus people in Gurgaon prefer spending their money at big malls and supermarkets. They spend their weekends and time at the high street markets and malls. The lifestyle is also changed in Metro City and you will observe people wearing from big bards and dining at big restaurants. So, all their luxuries are fulfilled by the retail shops and malls. So, having a unit in such malls and supermarket can increase your sales and revenue generation in long run.
Complete Control Over Your Property
Another favourable reason for investing in the commercial property is that you get complete control over most of your speculations. Being the owner of the commercial property, you are solely responsible to decide either the property is going to reap the fruitful returns or not. Since you are the only owner and in charge of the property, you are likely to have complete details and information about the project in which you are investing and with proper market research you can make informed and wise investment decision which can yield you higher returns in future.
Complete Peace of Mind
When you get on-site maintenance and services, it gives you the peace of mind. If it is the office space, you will only have a tenant during working hours and it will have limited calls during the off hours. Most of the commercial properties today come with a lease agreement and as per the agreement the tenant is actually responsible for maintenance of assets and ongoing expenses on the property including taxes and paying for utilities and rent. So, being the owner you are not required to pay for such expenses and this will further give you peace of mind.
These were some of the reasons why investing in Commercial Property in Gurgaon is always a viable and beneficial choice both for investors and individuals. But, it is extremely important that you consider some of the important factors before investment to ensure that you are landing on the right project and commercial project to invest in. Seek help of consultants to know about the commercial projects that is worth investing in today for higher returns in future.
Corporate Comm India (CCI Newswire)
