Uploaded on Mar 23, 2020
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Commercial and Residential Propery in India
Commercial and
Residential Property of
India
Introduction:
The term commercial property also called investment or income property
refers to buildings or land intended to generate a profit, either from capital
gain or rental income. Commercial property can be categorize in office
buildings, industrial property, medical centers, hotels, malls, retail stores,
shopping centers, farm land, multifamily housing buildings, warehouses,
and garages. In India the purchasing power of the people has improved
because of the continuously growing economic condition of India and which
is one of the best reason increasing demand in real estate investment. One
more reason for increasing in real estate investment demand is that in
India it is considered as the safest investment as it promises high returns
and huge profits. Form past several year real estate development is
continuously rising with a rate of about 30 per cent.
Residential Properties in
India
It is expected that demand for residential properties in India is going to
increase because the population in India is going to reach 1.3 billion by
2020. To fulfil the demand of at least 90 million dwelling units, real estate
developers have started introducing residential projects in India. In India
people are more interested in buying apartments rather than bungalows
because homes are available at affordable price and now people not used
to stay in joint families and so they do not needed big houses like
bungalows and villas in India. With the changing trends, the single
families have increased and so the flats in India are in high demand.
The real estate developers in India today are concentrating on developing
affordable housing for all. This is why as soon as a residential project is
developed; it is completely sold out in a short period of time. The concept of
apartments in India has become demanding with property buyers as it offers
international standard lifestyle at cost effective prices.
In India it is expected that the price of bungalow will increase in future so
that some people prefer to buy bungalows in India. The rooms of residential
property provided by realtors are well illuminated and spacious and also
consist of good ventilation this is one of way how developers are attracting
people. So, it is an ideal time to invest in Indian residential properties, as
the market is growing.
Commercial Properties in
India
Now a days the value of property is increasing tremendously and that's why
return on investment in commercial market is also very good, this all happen
because of the retail boom in India. In India demand for commercial
property has increased because traditional retail shops, small shopping
complexes turned into multi storied shopping malls which offer high end
luxury tastes at middle class rates. Commercial property developments and
up coming commercial real estate project is solely responsible for real
estate market growth in India.
To invest in emerging commercial market of India like in Gurgaon and
Noida everyone should know its goals very well. They should research &
know the market before investing in any commercial and residential
project. There are some of the tips for investing in profitable commercial
property.
1. Research & know the market
2. Pay down your owner-occupied residence
3. Know your goals
4. Understand the cycle
5. Look for opportunities
6. Reduce your personal debt.
Contact:
Head Office: Corporate Office:
Sarjan Plaza, 401, 4th Satellite Developers Pvt.
Floor, Dr. Annie Ltd 7th Floor, S - 14,
Besant Road, Worli, Solitaire Corporate Park,
Mumbai 400018 Andheri (E), Mumbai 400
093.
Kindly Connect Group Satellite for more information
www.groupsatellite.com
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