Delhi/NCR the best bet for commercial investments
Commercial real estate has remained optimistic in Delhi NCR &
continues to be a focus for enormous investments. Going by the recent sequence of
events, prices are bound to rise. The government is working on two crucial
bills- the Real Estate Regulation Bill and the Land Acquisition Bill. In
addition, they have also approved FDI in multi-brand retail.
Prices
are bound to increase, especially on the commercial front if you have new
foreign investments coming. Residential sector would definitely be impacted on
the rises in commercial rates. An additional development is the RBI rate cut. Banks
are offering lower home loan rates. Consequently an increased demand would
definitely have a positive impact on the sector this year.
In
Delhi NCR, Noida/Greater Noida has been the leader in attracting a lot of
investments. Buyers tend to buy both commercial as well as residential
properties. Noida includes the well developed infrastructure. Thus, Greater
Noida, Noida Extension and Noida Expressway would do well.
Commercial
property accounts for about 2 per cent of the total residential demand across
India. The commercial segment had started picking up gradually & the prices
as well as the demand would definitely increase. This year will be going to be
a better year for commercial real estate in terms of sales & rentals.
A
Question arises that what type of commercial property one should invest in or
the size of the property one should look for; it is a tough choice. The size
purely depends upon the investor’s budget. Moreover one should consider to what
extent the developer is aiding you to further lease out the property to third
parties. Kind of yield of project has to be in consideration.
Chandgi Ram Real Estate Noida
very nice blog.
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