The future of commercial property in India looks very promising. The Indian economy is growing rapidly and the demand for commercial spaces is also increasing. The government has also taken several steps to boost the commercial real estate sector, such as the Real Estate Investment Trust (REIT) and the Goods and Services Tax (GST) reforms.
The rise in disposable incomes and the growth in e-commerce have also contributed to the increased demand for commercial space. This has led to an increase in the development of commercial spaces in the country, such as shopping malls, multiplexes, office complexes, and IT parks. Moreover, the government has also been focusing on the development of smart cities, which has led to an increase in the development of commercial spaces in those cities. This has created a huge opportunity for developers to invest in these projects, as it is expected to boost the commercial real estate market. In conclusion, the future of commercial property in India looks very promising due to the increasing demand, government reforms, and growth in the economy.
Why to invest now in commercial property:
- Low Interest Rates: Interest rates are currently at historic lows, making it a great time to invest in commercial real estate. Low interest rates can help investors to secure favorable financing for their investments and make financing more accessible.
- Low Availability of Investment Properties: The current market has caused a decrease in the number of available properties, creating a more competitive landscape for investors. This can create a great opportunity for investors to acquire lucrative investments at a lower price than usual.
- Long-Term Growth Potential: Commercial real estate investments are often viewed as a long-term investment. Due to the current economic situation, there is a chance for long-term growth potential as the market recovers. This can provide investors with good returns over the long-term.
- Tax Benefits: Investing in commercial real estate often comes with tax benefits such as depreciation, deductions for repairs and maintenance, and deductions for interest payments. This can help investors to reduce their tax liabilities, resulting in more profits.
- High Demand: Commercial real estate investments can provide investors with consistent cash flow due to the high demand for commercial space. This can make it an attractive investment option for those looking for regular income.