Is It Good Time to Buy Commercial Property in South Delhi

We all are aware of the fact that the prices in Real estate market are in depths but entrepreneurs will get Capital appreciation on the property value. So numerous real-estate brokers & advisors suggest that one should invest in Commercial rental property rather than residential property.

 

It will definitely give you higher yields. They say that corporates who are looking to invest in real estate, commercial property is a better option than residential at this point of time.

According to investment point of view, prices of Residential property are at peak than those of Commercial real estate.

 

Delhi-NCR has the highest concentration of under construction real-estate projects in the country. Because of the stable government there is a probability & expectation too that there will be demand for more office space. So investing in prime commercial property is now probably the best option.

 

Collaborators & property seekers can get properties at rates cheaper than residential properties and also can earn higher from rental income. So there is scope for both Capital appreciation as well as regular income.

 

Real estate has always been an attractive investment. One reason is the sense of security it provides. South Delhi is termed as India’s highest influential area. It has the highest GDP in India with maximum number of investors & stockholders.

 

Here are a few pointers on why it is a good investment now and what you must keep in mind before buying a commercial real estate.

 

Culture of entrepreneurship-

 

Commercial real estate is expected to benefit from the increasing number of new enterprises that are being registered every year. These enterprises are not only overseas-based businesses, but also a number of Indian entrepreneurial businesses that have shown a steady growth over the years. Because entrepreneurs are no longer dependent only on foreign players to invest and grow their business, there is a high demand of commercial real estate in most of the Tier-I cities.

 

Not just businessmen, even professionals such as lawyers, doctors, and chartered accounts will need office space. To cater to this category builders are building smaller units or dividing their existing property into smaller units. If your budget is not very huge, you can look at investing in such smaller office spaces, which can be later on given out on rent.

 

Higher yields-

 

In India, the yields in commercial real estate are one of the highest in the world. While yields from residential properties are between 3-4 per cent, in case of commercial properties it is around 8 per cent, and can even go up to as much as 10 per cent in some areas.

 

Yields in commercial real estate are always better than residential real estate. If you are looking for decent rental income to support your passive income and avail wealth tax exemption, then commercial real estate fits the bill.

 

With the rise of India as an ideal business destination, commercial real estate is a safe bet for investors looking for attractive yields. With the economy set to grow in the coming years, there will be more demand for commercial properties.

 

About Author-

 

Aamna Shah is an experienced content writer who is associated with the Office Space South Delhi, which is the leading company that brings spacious and serviced commercial space for rent at the reasonable rental fee.