subject: Increase In Population Resulted In Prosperous Growth For The Real Estate Company [print this page] The word commercial property basically denotes the land or the buildings that is being aspired to generate profit either from the rental income or the capital gain. Office buildings, hotels, medical centres, multi family housing buildings, industrial property, retail stores etc are the examples of this property. But apart of these property, certain residential properties consisting of the certain number of units are seen to be categorized under the commercial property. When you go to select the property, you need to take the help of the right company that can support you to find out the ultimate project. The main role of this company is that in order to make the best value in the real estate segment, these company can go beyond your expectation.
The commercial property are seen to be classified into various areas that includes healthcare sectors, leisure, office category, commercial property of multifamily or apartments, industrial category etc, while hotels, cafes, sports facilities, restaurants are categorized under leisure category. Shopping centres, office buildings and serviced offices, retail stores, falls under office category. Under the industrial category you find industrial property, offices or warehouses etc. In healthcare sectors you find hospitals and nursing homes, and medical centres, while multi family housing building falls under commercial property of multifamily or apartments. As the size of the population is increasing rapidly, hence the demand for the housing is increasing at the fastest pace. People are seen to become more conscious in terms of buying flats and apartments.
A Noida based real estate company, ATS Infrastructure has thus planned in order to bring the mid-income project in Noida. While other company Assotech ltd. has successfully launched its project in Gurgaon. Eldeco, Wave Infratech, Gaursons, Parsvanath, Ashiana, etc are the renowned builders that has earned the fame to successfully launch number of projects that are thereby known to range from budget to superior property in India. The commercial complexes in Noida are Ansal Fortune, Ocean Complex, Ocean Plaza, Krishna Apra Plaza, JOP Plaza, Ocean Heights, etc are seen to be located in Sector 18. The first and the second floor of this complex are being occupied by the real estate developers and brokers, banks, insurance companies as well as the offices of the personnels.
In the late 1990s the Frazer Town in Bangalore have cased on the redevelopment trend with respect to the apartments in terms of commercial real estate for sale and thus has been cataloged with a conspicuous growth by 14% in the quarter. With the rate of about Rs 6129-7514 per sq ft, the Frazer Town has been seen to have a good command, as compared to the Domlur region whose rate goes around Rs 4400 to Rs 5000 per sq ft. K Raheja Constructions as well as DLF are considered to be the good market players among the number of real estate company. K Raheja Constructions is known to be among the top ten developmental companies in India, who has successfully developed enormous projects facilitating number of modern features. While DLF is known to be one of the largest real estate company in India founded by Chaudhury Raghuvendra Singh in the year 1946. Till date the company has profitably known to develop 22 urban colonies in association with 3000 acre interspersed township. While another company i.e. Gadson Structurals and Design Pvt. Ltd is known as the registered engineering and architectural firm thereby offering structural engineering, architectural engineering, designing etc.
As the developmental process is rapidly increasing, hence number of the commercial real estate for sale for example in the city of Visakhapatnam is seen to be on the highest demand. During the period of January to April 2012, this city has thus seen to have positive and growing trends. According to Dev Krishna from SVS Properties values for the residential property in this city has been seen to have an appreciation by 15-20%. Some of the properties listed among the commercial real estate for sale are Uplands Palace, Suvarna Srinivasam, Anand Castle, Sea Breeze Villa on Beach Road are available within the price bracket of Rs 1,800-2.800 per sq ft onward.
