Uploaded on Mar 23, 2020
Group Satellite offers various luxurious Residential Properties and affordable Housing Projects in Mumbai. Browse upcoming & under construction Projects at Groupsatellite.com
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
Comments