5 Best Advice That Drive You to Have Commercial Properties in Kolkata

by Praik B. BD & Procurrement

Commercial properties in Kolkata have gained popularity in the investor community following some big changes in the real estate scenario here. What appeared to be a sluggish destination in terms of growth has bounced back as the preferred city that delivers huge capital appreciation in the wake of its new-found status as one of the fastest-growing cities in the country in the past decade. After studying the current trends, market size, and potential risks, it is considered safe to dole out advice in favour of going ahead with the investment plans to buy commercial properties in Kolkata, leading to buoyancy in investor confidence.  

Commercial Properties in Kolkata 

Whatever the budget, commercial properties are available in all price brackets in Kolkata. From old Kolkata buildings to snazzy business towers, multiple options are available for investors. As the market in Kolkata is growing rapidly and the indicators point to a higher trajectory of growth, Kolkata is poised to lead big.

Buy Affordable Commercial Properties  

Since the commercial properties are high-priced in the Central Business District area, it requires a huge investment to buy in the prime location. This poses a big financial burden on the investor who does not feel confident of ample capital appreciation as the location appears already close to the saturation level. Instead of investing here, it is much better to move to the peripheral location where the scope of growth is pegged high in the long term and the size of investment is also less. New Town and Rajarhat are the emerging hubs for commercial properties in Kolkata, with many office spaces and retail showrooms attracting a wide client base here. These are less expensive to buy since these are classified as secondary properties located away from the prime locations in the city.

 

Developing Infrastructure Boosts Commercial Properties 

Kolkata is a growing city because of the robust growth in the IT sector. With leading companies setting up base in the satellite towns adjoining Kolkata, the infrastructure has been ramped up to create smooth access to these smart locations, for clients and employees to commute with ease. It is better to choose a location where resale is easy and profitable, where there is no excess of commercial properties in Kolkata. Large infrastructure projects trigger demand for commercial properties in Kolkata. Finding out the areas where key projects are planned and initiated is a good way to decide the location to invest in. A zone where infrastructure projects are coming up will require retail spaces and shopping malls, business parks, and dining outlets. Smooth connectivity and quick access by multiple modes of transport make it business-friendly. With a neighbourhood comprising schools and healthcare services, the commercial properties in Kolkata are poised to register major growth.

 

Commercial Properties in Premium Projects 

Buy commercial properties in Kolkata as premium business parks have come up, offering high-grade commercial properties in Kolkata. With premium finish and luxurious interiors, higher ceilings, grand entrances, lavish lobbies, panoramic views, a lush green environment, and wide-open spaces for better ventilation, brightness, and openness, investors are inclined to have an upscale address that fetches better resale price in future and improves the image.    

 

Modern Amenities Galore

Commercial properties in Kolkata are available with a wide array of world-class amenities. It is a good decision to invest where contemporary amenities are available because it has a great impact on the capital appreciation and rental income in the future. Parking space, central air-conditioning, corridors, elevators, fire-fighting system, power back-up, lounge, hot and cold water provision, energy-saving green buildings, water treatment plants, solar panels, and Wi-fi zone are some of the key facilities that should make investors and businessmen buy commercial properties in Kolkata.   

Invest in Small Commercial Properties  

Buyers of commercial properties in Kolkata look for the scope of retail expansion in the future. But they prefer to begin with smaller units in malls and business parks. During the pandemic, large format outlets did not achieve brisk sales but the small commercial properties witnessed a spike in demand. If the business grows and there is a need to expand further, the small unit can be sold to purchase a bigger one. For those willing to buy commercial properties in Kolkata, it is good advice to begin with a modest investment ticket and then gauge the response as many unforeseen factors are affecting the future course of growth in the property market. 

 

For those looking for commercial properties in Kolkata, it is the ideal market offering good returns and plenty of good options to choose from these days. Be smart while investing in commercial spaces because you should settle for nothing less than the best.  

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Created on Jul 26th 2021 03:38. Viewed 226 times.

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