Real Estate Company Ensuring Huge Recovery Of Economy By Commercial Real Estate

The term commercial property basically refers to the land or the buildings which

is basically contemplated in order to generate profit either from the capital gain or by the rental income. This property basically includes medical centres, office buildings, malls, hotels, industrial property, multi family housing buildings, retail stores etc. In order for borrowing and tax purposes, sometimes, the residential properties in most of the states that consists of certain number of units are being qualified under the commercial property. With the help of only the right company, you can find out the ultimate project which will be based upon your choice of interest. These companies try to go beyond your expectation in order to make sure the best value in real estate.

The commercial properties are being categorized into leisure, office category, industrial category, healthcare sectors as well as commercial property of multifamily or apartments. Restaurants, hotels, cafes and sports facilities comes under leisure. Office buildings and serviced offices, retail stores, shopping centres etc under the office category. Offices or warehouses, industrial property, under the industrial category. Medical centres, hospitals and nursing homes under the health care sectors as well as multi family housing building under the commercial property of multifamily or apartments. With the increase in population size, the demand for the housing is significantly increasing. People are becoming more and more conscious in terms of buying flats and other real estate properties.

The data recorded from the Frazer Town, Bangalore, in the late 1990s this region have cased on the redevelopment trend, which have resulted enormously especially the apartments in terms of commercial real estate for sale. This region has been cataloged with a conspicuous growth by 14% in the quarter. As compared to the Domlur region whose rate goes around Rs 4400 to Rs 5000 per sq ft, the Frazer Town has been seen to have a good command with the rate of about Rs 6129-7514 per sq ft. Number of real estate company who are considered to be the good market players are DLF and K Raheja Constructions. DLF is considered to be one of the largest real estate company in India which was known to be founded by Chaudhury Raghuvendra Singh in the year 1946. This company has profitably known to develop 22 urban colonies in association with 3000 acre interspersed township till date. While K Raheja Constructions is known to be one of the top ten developmental companies in India. Gadson Structurals and Design Pvt. Ltd is considered to be registered engineering and architectural firm that offer structural engineering, architectural engineering, designing etc.

With the rapid increase in the developmental process there are good number of commercial real estate for sale especially in the city of Visakhapatnam which is on high demand. The city has been seen to have positive and growing trends during the period of January to April 2012. Dev Krishna from SVS Properties stated that the values for the residential property in this city has been seen to have an appreciation by 15-20%. Suvarna Srinivasam, Uplands Palace, Sea Breeze Villa on Beach Road, Anand Castle available within the price bracket of Rs 1,800-2.800 per sq ft onward are being listed among the commercial real estate for sale.

ATS Infrastructure, a Noida-based real estate company has planned to bring the mid-income project in Noida, while Assotech Ltd, is planning to bring its project in Gurgaon. Some of the well known builders who are illustrated with wide range of options that ranges from the budget to superior property in India are Wave Infratech, Eldeco, Parsvanath, Gaursons, Ashiana, etc. Some of the commercial complexes in Noida includes Ocean Plaza, Ocean Complex, JOP Plaza, Krishna Apra Plaza, Ocean Heights, Ansal Fortune etc which are located in sector 18. The first and second floor are being occupied by insurance companies, banks, real estate developers and brokers and offices of professionals such as chartered accountants as well as lawyers.

by: Rajni

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