Commercial Real Estate in India- A viable investment opportunity
Like other sectors, the commercial real estate sector is also moving on the path of recovery past the second wave of Covid-19. The dynamics of the real estate sector is evolving every day and is likely to further bloom in 2023. The supply of residential as well as commercial spaces are gradually increasing, and rents in many markets have risen. Unlike the residential domain, the commercial market is showing better transparency in terms of on-time delivery. With the limited availability of ready-to-move-in property supply in major markets, the renting cost is going to be high. Offices have started to reopen across India, showing positive growth prospects for the commercial real estate market. This has also led to an increase in demand for commercial and retail spaces among NRIs.
There is an emergence of innovative new concepts in the commercial real estate sector and high demand for rental properties featuring modern amenities. Big enterprises, manufacturers, and high IT companies are eying the commercial market in India to fulfill the new needs of the work environment. Many brands have also started to reframe their digital infrastructure. With the increasing demand for hybrid work culture, the requirement for onsite dining options, co-working lounges, and fitness centers has also risen. All this is happening after the gradual unlocking of economic activities and also employees joining back to the office premises. The demand for co-working space is on rising and can be the future of office space. Most of the metropolitan cities have seen high demand for commercial and retail spaces but the cities that are drawing major demand are Gurgaon and Noida.
The investment opportunity in commercial real estate in Gurgaon and Noida doesn’t require more financial resources than residential units. Commercial real estate is changing and many reputed builders and investors are investing in upcoming commercial projects in Gurgaon and Noida. Investment in commercial property includes office buildings residential space, or even a restaurant or warehouse. A property that helps you yield profit from leasing it out or holding it and reselling it is a commercial property.
Before investing in commercial property, do the following checks:
Expert advice: Take advice from industry experts to help you guide your search and help you find your ideal workspace.
The widest choice: Choose from a selection of affordable offices to malls and retail stores and the widest choice of workspaces.
Tailored for your requirement: Everything is tailored as per your requirements – from service terms to property management.
Easy end-to-end– We take the frustration out of finding a workspace – and make every stage of the process simple