subject: Are You Looking Commercial Properties In Delhi For Sale Or Purchase [print this page] Action packed Delhi is as attractive as ever as the city of dreams for enterprising people who want to carve a niche for themselves and for prominent businessmen and companies, both Indian and multi-nationals.
The prominence to government bodies, good infrastructure, educated population and, the best air, metro and rail linkages further accentuate the city"s value in terms of functionality. The constant upswing in the property market is a sure indicator of how things flow here.
Commercial properties in Delhi are witnessing great demand as a prominent address lends more credence to a business. The prices of properties and rents alike are expected to increase significantly and many businessmen are trying to acquire office spaces in new buildings with state-of-the-art infrastructure instead of paying mind bogging amounts as rent.
While buying property care should be taken to study the documentation with legal help besides taking help from proficient and reputed agents. Investing in commercial property now is sure to reap rich returns in the future too.
But if the business in question is new and capital is low then it is prudent to venture with a rented space but in a prominent neighbourhood. This will not only ensure visibility but also gives an escape from conveyance, power cut and water supply issues.
Although demand for commercial property went down in the beginning of 2012 the April-June period saw an increase and with more demand and short supply the market will become more competitive, opine analysts.
New projects in Connaught Place, Saket, Karol Bagh, Narayana Industrial area, Greater Kailash and Okhla serve as primary locations while Nehru Place, Lajpat Nager and Rajouri Gardens form a secondary market for commercial needs.
According to a recent industry survey the monetary value and the number of planned constructions in the commercial sector is on the rise in Delhi. The properties will be suitable for operating hotels, serviced apartments, sports and health complexes, multiplexes and shopping malls. If one can afford it, this is the right time to buy commercial properties in Delhi. This can either be used for rental basis or for selling off later.
Besides office buildings, shopping arcades and hospitality buildings, retailers and IT/ITES companies want a piece of the commercial property pie in Delhi. With FDI opening up, MNCs are keen on opening offices as the cost of setting up a business hub in Delhi is lower than in western nations
