An Assessment In Selling Commercial Real Estate With High Resumption Of Economy

Selling of the commercial property can be a difficult task

. This basically involves bringing the buyer as well as the seller together and thereby creating a mutually acceptable conditions after effective negotiations. The term selling of the property means to work out the demand as well as the supply quotient, thereby finding out ones desire as well as who is ready to sell it by marketing your ideas and creating opportunities for conductive sale. The term commercial property refers to land or the buildings destined to generate gain either from the capital gain or rental income.

Listing out the commercial property for sale is not different, but the only difference is in the method of selling which varies depending upon the nature and size of the property. All these will help you to sell your commercial property quickly as well as earn more from your real estate deal. Industrial property, malls, retail stores, office buildings, shopping centres, medical centers, multi family housing buildings, etc are some of the examples listed out in the commercial real estate.

One certain example i.e the Frazer Town in Bangalore have seen to have cased on the redevelopment trend in the late 1990s. All this have resulted in increase in number of the commercial real estate for sale especially the apartments. When you compare certain other locality like Domlur and CMH Road which is enjoying the rental value of Rs 17-18 per sq ft, the Frazer Town locality enjoys the healthy rental value. This region is being recorded with the significant growth by 14% in the quarter. The commercial real estate for sale in the Domlur region goes around 4,400-5,000 per sq ft, while the Frazer Town is seen to have a good command with the rate of Rs 6,129-7,514 per sq ft. The reason why this location is regarded to be the fastest growing locations in Bangalore is that it is strategically located at the close proximity to the Commercial Street, MG Road as well as Infantry Road.

Munish Gajapathy, a Proprietor of Srilakshmi Real Estates depicted that as this region is known to be the best real estate rental hub, you find over here number of people getting influxed from the city of Gujarat and other North east. Hence enormous number of the commercial real estate are seen to be tremendously increasing. The main difference between the Frazer Town as well as other old areas of Bangalore is that enormous number of population prefer a lot to live in the rented house. As a result the price for the commercial real estate for sale properties are thereby growing rapidly.

During the period of January to April 2012, the real estate in Visakhapatnam is offering number of choices, and as a result is experiencing positive and growing trends in the real estate market. Dev Krishna from SVS Properties featured out about this city that the value for the residential property is seen to be appreciated by 15-20%. Some of the upcoming projects that are being listed out in the commercial real estate for sale are Suvarna Srinivasam, Anand Castle, Royal City, Sea Breeze Villa on Beach Road, etc. All these projects are available within the price bracket of Rs 1,800-2.800 per sq ft onwards.

by: Rajni

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