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Tips to Consider While investing in Commercial Properties
by Akash Sharma Akash Sharma With the ever-increasing population of India, the demand for commercial real estate is consistently increasing. Hence, investing in commercial real estate is also rapidly increasing. Having said that, contrary to popular belief, investing in commercial real estate is not as difficult as it may seem. So, before you set out to buy a commercial property yourself, you must consider the following tips so you are all set and sorted!Research The Market
First things first, it is important to study the trends of the market very thoroughly in order to gain profit. So, before you invest in the property, it is exceptionally important to analyse the scope of future development in the locality. In fact, considering the fact that it provides higher returns on investment, buying a project in a developing area is a lot more profitable than buying a project in a well-developed area. Karam Chand Thapar or KCT Group is one boutique developer of ultra-premium commercial properties and also owns and manages over five lac square feet of prime developed real estate in various cities across India.
Review The Location
One key factor that must be considered while investing in a commercial property is its location. The location should be one that is accessible from other locations and with a sound and working infrastructure. Properties with such locations will certainly guarantee assured returns on investment.
Consider Your Investing Options
From retail shops, industrial complexes, office buildings to large apartment buildings and many more - are all commercial real estate properties. So, before you go on to invest in any commercial real estate project, you must make it a point to first choose the type of commercial real estate you wish to deal with.
Consult An Expert
In case you have no prior experience in this field, it could be helpful if you try and seek advice from experts like accountants, property consultants and even lawyers who may help you get through the extremely complicated procedures of finance as well as legal aspects while also informing you about viable properties in the same area.
Additionally, you may also refer to the KCT Group headed by Varun Thapar for expert information.
Check The Layout Plan
The operational efficiency is hugely impacted by the layout. So, it is absolutely necessary to make sure that the project has received all approvals from the concerned authority because making the wrong investment decision is probably the last thing you want to do.
Lease Structure
A long-term agreement between the owner of the property and the business is known as the lease. So, while analyzing an investment it is important for the tenant to understand the lease structure along with the risk involved in the investment.
Choose The Right Builder
While investing in a commercial property, you must make it a point to opt for a reputed builder with a good and spotless track record of all the projects that have been successfully completed. No matter what, you must always cross-check the credibility of the builder.
Acknowledge The Risk Factor
Identifying and then taking into account all the risks involved in buying any commercial property is one of the most significant things that must be in your to-do list. It is crucial to review the market trends, the geographical area as well as the building’s history to gauge the risk involved in buying the property.
With all things considered, you must study the value of all similar properties in close proximity and collect information on the kind of rents that other properties have so that negotiating with the seller is not a difficult task.
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About Akash Sharma 
Akash Sharma
2 connections, 0 recommendations, 122 honor points.Joined APSense since, May 8th, 2019, From Delhi, India.
Created on Dec 1st 2020 22:44. Viewed 296 times.
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