Articles
Prime Commercial Property in Noida – Investment Guidelines by the Developers of Anthurium
by Richa Malhotra Real StateAt the best of times, purchasing a commercial property needs forethought and research. When zeroing down that just right commercial property either for investment or for business operations, countless factors like location, the condition of the job market, current and future setup cost in that area, migration prototypes play vital roles. While these guidelines work for every commercial real estate investment, investing in to the prime commercial property need even greater investigations and insight.
Obviously, investing in commercial property in Noida has many benefits:
1) Finding tenants for the property in prime location becomes easy as compared to a property that is in a low-demand area. Renting out the property immediately after receiving its possession is important, especially when you have invested the money for rental returns. Keeping your commercial property vacant for no reason brings loss of income.
2) Getting a loan from both banks and financial institutions for a property in a prime location is easy since the likelihood of capital loss in a prime location is relatively low as compared to not so demanding area.
3) It is easy to commute to prime locations and this factor will help in retaining employees, the factor which is on priority these days.
An office space at the prime location purchased for personal business operation is perhaps the healthiest business decision anyone can make. A part from the factors above, having a property of your own at a prime location increases the business’s reputation and visibility. It is nothing less than a visual parade of your business’s financial worth to the world, and most importantly to the partners, clients and the competitors. Moreover, the capital appreciation of such a property will be reflected very positively on the company’s financial statement.
Prime Locations
Both in terms of business opportunity and investment returns, the biggest reward lies in office spaces at prime location. Perpetually, the ‘prime’ word in real estate investment is assigned to the location that forces us to ask questions like:
How do you define a ‘prime location’?
The various factors that make any location prime are nothing but the function of its overall approachability within the city itself, the infrastructural quality, the standard of other companies available and last but not the least the building’s own quality and worth in the submarket. For further evaluation of the location, here is the small list of parameters to consider:
a) How efficient are the public transport and other modes of transport to the office property?
b) Is the commercial property close to the city commercial hubs?
c) Is there any demand-supply gap for the property?
d) What is the tenant-profile (preferred industries) of the place and their growth potential?
e) Does the place have a good surrounding social infrastructure, which includes- mall, restaurant, etc.?
f) What is the planning status of the location?
g) Are there many commercial spaces available around the location?
h) How well is the building design, modern architecture with a modern look or simple building?
If all or most of the answers that you get to the above parameters are positive, then the location is definitely prime.
Prime Properties
The next thing to review is if the property and project meet the ‘prime’ standards. According to the experts, there are more than 30 parameters or we can say technical stipulations that a commercial property must meet for it to be a credible asset. As we said that this is said by experts, only experts can verify the credibility of any property. For an under-construction project, the potential buyer should have complete information regarding – construction risks, builder’s credibility, etc. Other parameters to assess the project and property integrity are:
a) Refinancing potential
b) Repositioning potential
c) Refurbishment potential
Last but not the least, prime locations and properties both come with prime prices. Irrespective of whether the motive of buying a commercial property in Noida is self-use or investment, selecting it from a reputed developer is the only factor to reach success. We, the developers of most appreciated commercial property ‘Anthurium’ believe that all this hard work happens for a simple reason – to find a Prime Location, Prime property at affordable price; and we are one entity that works on this simple principle.
For more information and details on our prime project, contact us at is https://www.anthurium.in/
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About Richa Malhotra 
Real State
29 connections, 1 recommendations, 96 honor points.Joined APSense since, November 28th, 2018, From Noida, India.
Created on Mar 15th 2019 07:04. Viewed 334 times.
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