Categories
Commercial Property in Gurgaon Real Estate in Gurgaon

Things to Consider In Buying Commercial Property in Gurgaon

One aspect of Gurgaon that stands out the most is its popularity quotient. Be it in buying a residential or commercial property, Gurgaon is the most preferred due to it being one of the rapidly growing sectors in the Real Estate. From luxury apartments and malls to retail stores, it has been rather fruitful in investing in a commercial property in Gurgaon for many.

Some of the notable Commercial Property in Gurgaon examples include M3M Broadway and M3M Merlin providing office spaces too.

But before you invest in a Commercial Property in Gurgaon, here are the following things you should consider:

Location

Gurgaon is a thriving sector and no one can deny the fact! But making sure that your location is lucrative, accessible and budget-friendly is a given. It is not uncommon to find even expensive properties there. So make sure that you refrain from investing in a property that is too strict or hard on your budget.

Transportation

Intertwined with the location factor, the area should be highly accessible for people to avail the appropriate transport to their most preferred destination. It must be located at the prime location, which makes it easily accessible from the nearest metro station, bus stand, or taxi stand.

Research and Survey

Thorough research and survey regarding the area that you are planning to buy your property in and the lucrative opportunities therein will mean a lot. In fact, it should rank topmost on your list before making any sort of property investment decision.

Growth potential

While the location might be favourable, scanning the neighbourhood and surrounding areas too is an important factor to be considered. It is generally advisable to opt for medium-sized properties keeping in mind the size, condition, expansion, and growth of your business in the future.

Make a through revision of the cost

There are a lot of options to choose from when it comes to buying a commercial property in a thriving area like Gurgaon. But be very careful about going through the ongoing and up-front cost which is inclusive of the government-specified taxes on land purchase.

Identify the potential leads

While making a property purchase, it is important to scan the retail zoning as well as the demographics of that area. Research regarding the kind of people living in the area, their standard income will help a lot in taking an appropriate jab at the situation. Again, this will help draw a lot of potential business leads and buyers, even to the extent of them being your brand evangelists. All in all, this will help turn your business into a successful venture.

Identify your target audience and market

Sometimes, even if the location is extremely beneficial, there is no use if your commercial property is not in close proximity to the right clientele. Hence identifying your target audience is crucial. Let’s say, you are a fast food or junk food selling joint. Therefore, establishing your business near a complex filled mostly with senior citizens won’t bring you much business. Again, an expensive clothes-selling brand won’t profit much from a complex filled with people earning moderate income.

Conclusion

Investing in a commercial property is a big decision and the one that can make or break your business. Hence one needs to be extra careful before investing in a property that can help their business flourish! At 100acress, you can find the best Commercial Property in Gurgaon. We offer a wide range of options for commercial property that can match your requirements in terms of location, area, facilities, and amenities. We also provide best deals and offers to our clients. Take a look at the wide range of properties and choose as per your wish. Our team of experts also helps you in searching the property that can match your budget and specifications.

Contact us for further information!

Categories
Commercial Property in Gurgaon Residential Property

Better Investment– Residential Or Commercial Property?

Undoubtedly, investing in Residential Or Commercial Property is a great way to grow your money rapidly. Because commercial and residential real estate investments are so different, it takes time to learn the ins and outs of both. Some people believe that investing in commercial real estate is the best option, while others believe that investing in residential real estate is the best option. It is difficult to say which is the best, but it is highly dependent on the investor’s goal, the risk involved, and the return.

Comparing Commercial Property investment and Residential Property investment is akin to comparing apples and oranges; both belong to the same genre, but their similarities end there. Before delving into each of their advantages and disadvantages, it is essential first to understand commercial and residential real estate.

Commercial Property

Buildings solely used for business purposes, such as office buildings, warehouses, retail buildings, industrial buildings, and business complexes. It refers to property that is sold or leased to achieve a specific business goal. Investors invest in this market to achieve the expected rate of return on their investments.

Residential Property

Includes apartment buildings, housing complexes, single-family homes, co-operative units, and so on. It is usually centred on meeting the needs of homeowners and their families or on becoming landlords and house-flippers. Many people believe that investing in Residential Property in Gurgaon is a better option because they are more comfortable buying homes, but commercial real estate can also be an excellent way to diversify your portfolio. Confused??

Below are the differences between Residential Or Commercial Property investments:

  • Rental Returns the primary motivation for making investments is to maximise returns. Returns on Commercial and Residential Property in Gurgaon investments vary greatly. Commercial real estate yields higher rental returns than residential real estate. If an investor invests in commercial property, they can typically expect a high return, ranging from 8 to 10 per cent, whereas the return on residential property will go from 2 to 4 %.
  • Risks– High returns come at a cost-the risk!! Commercial property yields a higher return but at a higher risk, whereas residential property yields a lower return. In the case of residential property, it may be vacant for a week or two before a new tenant is found. A high vacancy rate is the most significant risk in commercial real estate. It could be months, if not years before you start receiving rent from your next tenant.
  • Comfort zone– People quickly invest in residential real estate because they are familiar with it and understand the prices. They also understand the leasing process from a tenant’s perspective, as they may have rented property at some point. Residential fees are also stable. On the other hand, commercial property prices rise and fall due to external influences, making it difficult for people to understand the commercial leasing process.
  • Initial Funding– Acquiring a Commercial Property in Gurgaon typically necessitates a more significant initial investment (at least 30%) than acquiring a residential rental in the same area. Even after purchasing a commercial property, you can expect some significant capital expenditures. In contrast, depending on an individual’s income and credit history, 80 to 100 per cent of the purchase price of a residential property can be borrowed.
  • Outgoings– One significant advantage of owning commercial property is that the tenant is usually responsible for the majority of the outgoings, such as insurance, repairs, maintenance, and council rates. In contrast, the owner of a residential property uses the rent money to pay for rates, taxes, care, and so on.

While it is impossible to have a single option that meets everyone’s needs, it is critical to weigh the pros and cons of both options before making a decision. Choose the one that best serves your purpose!!

Categories
Commercial Property in Gurgaon Raheja The Delhi Mall The Galleries 32nd Avenue

Best Commercial Property in Gurgaon in 2021

The impact of COVID on the global economy and several industries, 2020-21 will be the worst year in recent history. In 2021, the Covid pandemic will continue to impact almost every aspect of our lives, including the use of the real estate. Commercial Property in Gurgaon has slowly begun to recover from the Covid crash this year, and real estate developers are offering excellent investment properties. The recovery will face challenges and setbacks along the way, but the commercial sector will continue to be the preferred choice of investors; the post-pandemic recovery has the potential to accelerate change due to assured and lucrative returns on investment.

Gurugram is a growing city with a promising future for commercial property investors. Many developers are also working hard to create the best commercial projects in Gurugram.  Raheja Mall and 32nd avenue are two of the best commercial projects in Gurugram, catering to top-class Retail Facilities.

Best Commercial Property in Gurgaon

Raheja Mall is a ready-to-occupy commercial property with iconic architecture, aesthetically pleasing finishes, and sought-after modern amenities. At the same time, 32nd Avenue is an ongoing commercial project in Sector 15, Gurugram. With their innovative and profitable features, both properties are quickly becoming the best commercial projects in Gurugram.

Raheja Mall Key Features:

Raheja Mall is a centrally air-conditioned mall that spans 3.4 acres of land and features excellent architectural patterns based on contemporary concepts. The project is being developed following international standards to elevate Delhi’s ideals and core. It includes professional property management as well as energy-efficient buildings with the most up-to-date climatological controls. The floors are laid with cement/sand screed, and the impressive entries and lobbies are finished with granite, marble, and glass. The developers believed that Aesthetics would last forever, with all of the central amenities and facilities available at a first-rate commercial investment.

 Additional Amenities:

The property has a generous car parking facility with over 700 vehicles in and around the complex, including buses. They have majorly focussed on landscaping, proffering interior and exterior terraces.

More facilities include

  • Round-the-clock water supply
  • Provision for the health club
  • Optional retiring rooms
  • Professional property management
  • 24-hour security

Location benefits:

Mall strategically located in Sec 47, Sohna Road, traversed by lakhs of residents several times per day. Top-tier residential projects in the area include Uniworld Gardens, Malibu Towne, Vatika City, Central Park – II, and others. The project is only a 5-minute drive from Rajiv Chowk (NH-8). The best commercial real estate provides the most capable office spaces, retail, shops, and top facilities.

With the following brands already in operation: Carnival Cinemas, Paradise Biryani, Hongkong Express, Nirula’s, Moti Mahal Delux, Quality Walls, Max, Spencer’s, Burger King, Pizza Hut, Bata, LG, Samsung, Oppo, Hitachi, and others, Raheja Mall has very little space available for lease or sale.

The 32nd Avenue

The First Luxury High Street Boutique in India with an Aqua Curtain Entrance. The Galleries at 32nd Avenue Gurgaon is an appealing location for retailers because each store has its entrance and opens out onto a private patio. This layout blurs the store’s interior and exterior, which is unique and unprecedented in the capital. The Galleries Sector 15 Gurgaon, like 32nd Avenue, will incorporate greens throughout the campus with lush patios (terrace), lawns, and gardens.

Highlights of The Galleries 32nd avenue

  • The Galleries are strategically located in Sector 15, National Highway 8, Gurgaon.
  • All of the units can be locked.
  • High-end High-Street Boutique Shops
  • Part of a 14-acre destination campus with high foot traffic, high-end dining, and a gourmet concept.
  • Surrounded by posh condominiums and sectors of Gurgaon, the promoters manage the lease.
  • Dedicated Entrances and Patios Invest in the best to create your Lifetime Rental Income.
  • Rooftop Restaurant
  • Spacious lobbies, available 24 hours a day, seven days a week, and enhanced security

About The Developers

32 Milestone Ventures, one of NCR’s leading developers, has announced the re-launch of Gurgaon’s oldest and most recognisable landmark, the ’32nd Milestone’, now known as 32nd Avenue. Milestone Ventures has appointed CBRE South Asia Pvt. Ltd as the Strategic Leasing and Marketing Partner to reimagine the property as a specially curated one-of-a-kind high-street with various F&B and other brands. 32nd Avenue will span 0.15 million square feet and house 35 premium restaurants, 15 of which will open in the first phase of the development by mid-December.

Raheja Developers and 32nd avenue are steadily expanding the environment to present safer investments with the best Commercial Property in Gurgaon. They strive to provide their clients with the most stable commercial developments and the most incredible experiences.