Reasons to buy commercial property in India
Although there are numerous investment avenues in India to invest in, but there is no guarantee that your money will be safe in their hands. Over the past few years, India has emerged out a hot favorite destination in the real estate sector. Many global real estate companies are now launching their much-awaited dream project in different parts of the India. Investment experts also see great growth potential for your money invested in a property development project.
One of my friends is a very successful IT professional in abroad and has been working there for more than a decade. Now, he has come back to India and is currently involve into the development of a hi-tech IT commercial space with all concepts of sustainable building packed into a renowned IT business park in Gurgaon. Opposite to current perceptions, he has been able to sell three floors of 30,000 sq ft each, within the last 2 months. You will be surprised to know that the current lot of buyers of commercial property in Delhi NCR are individuals ready to invest between Rs 50 lakh and Rs 1 crore in commercial property. My friend is not alone in wooing the interested buyer to buy commercial property in India for the returns that they offer. One can be confident of a return of 10-11% with a rental potential of Rs 45 per sq foot in the area. This is in addition to the increase in capital values for a premium A-Grade building such as theirs. Now one can hope to give his investors up to 13-14% return.
Be it residential property or commercial property in NCR, both the avenues are poised to deliver hefty returns on your investment. With the global economy is showing loose indications, real estate in the only sector in India which promises good returns on your investments. The income of Indian professionals is rising and therefore they are in a better position to invest in prime properties. The only concern is that you should invest in a reliable property development project as a wrong move can lead to serious concerns.
Last year metro reached Gurgaon and opened new doors for businessmen as according to them commutation was the biggest problem in Gurgaon. Many candidates reject to Gurgaon jobs because of weak transportation system between Delhi and Gurgaon. Searching for an assured return property in Gurgaon is no longer a difficult task as there are many projects running that promise guaranteed returns in future.
Mike Nicholson - About Author:
Looking to Buy Commercial Property India or Commercial Property Gurgaon? The Cyberwalk Aarone Group is a leading, Delhi based, real estate development group, with over 20 years of experience in developing residential and commercial projects with Assured Return Property Gurgaon.
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