Articles

Invest in Retail Shops at JMS Marine Square Gurgaon to Get Assured Returns

by Rd Prajapati Sr. SEO Executive

The profitable investments in commercial real estate projects are usually more in large cities like Gurgaon Delhi NCR where the purchase of a place to rent later can reach a 7.7% gross return, compared to 5.7% of homes. The offices and other commercial property offer an approximate yield of 6.9%.

 The risk of investing in commercial premises

As we said before, a business premise offers greater profitability but also poses a risk to the investor since it depends on the tenant who occupies the premises doing well in his business.

The tenant may be successful and the investment may be profitable or he may not have it, be forced to close and terminate the lease. Therefore, there is a risk that the premises will be left empty and without generating income for some time.

 The keys to profitable commercial real estate investment

As far as commercial premises are concerned, making profitable investments requires taking into account a series of issues before buying and renting. Here are the basic keys:

Find a suitable location

The location of the location can directly affect the success of the business that is installed. The most commercial areas, although they do not guarantee success, can help to have more public attendance.

However, the profitability in a location located in a very commercial area can be reduced since the price will be higher. Therefore, it is advisable to look for areas where there is a balance between price and income.

Find out about the uses of the place

 Before buying it is important to find out about the uses to which the place can be allocated, that is the activities that can be developed in it. For this, you can go to the municipal corporation that corresponds and requests urban information.

Another good precaution is to request the community statutes of the building where the premises are located, to check if there are any statutory limitations that prevent the development of certain activities.

Seek advice

In order to achieve profitable investments in commercial premises, it is essential to bear in mind that this is a sector with many nuances, since in the purchase or rental of a place, key aspects such as the frontage meters, the sidewalk of the street in which find, the premises you have nearby and so on. For this reason, it is advisable to ask the advice of a real estate consultant to guide us in the investment.

State of the premises

To buy commercial premises and achieve profitable investments it is essential to check the state of the property. For this, the usual thing is to visit the premises with a specialized expert to check the condition, the necessary works, and the uses and advise us on the cost of a possible conditioning.

Ordinary community expenses and spills

An important aspect with regard to profitable investments is to take into account the amount of ordinary and extraordinary expenses (spills) of community. There are communities with very high expenses because they have few neighbors or have approved spills to carry out a work.

Before buying, you should ask for information in writing from the community administrator about the monthly amount of community expenses of ordinary type and about the existence or not of any waste approved by the community board of the project developer.

For More Details : https://www.mahadevestates.com/marine-square.aspx


Sponsor Ads


About Rd Prajapati Senior     Sr. SEO Executive

152 connections, 1 recommendations, 608 honor points.
Joined APSense since, July 26th, 2014, From Noida, India.

Created on Oct 25th 2018 00:21. Viewed 293 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.