Investment in commercial real estate
can be a lucrative venture for experienced and non-experienced dealers. If you
are new to investing in commercialproperty in India, there are a number of factors that you should consider
before investing. Each type of commercial property brings unique challenges and
that is why we have brought this blog to guide you through the process.
·
The value
of commercial real estate is different
Commercial real estate is not just
shopping centers and office spaces, instead the term refers to a property used
for business purposes. Commercial real estate is different and always carries a
good margin on renting and selling. This isn’t always the case with residential.
·
Analyze the
risk of commercial property investment
When you decide to purchase a
commercial property, you should consider the risk as well. You should manage
the property, maintain infrastructure issues and access safety. Sometimes the
management of property becomes too burdensome for the owner.
·
Find
property online and meet the seller
These days, people like to find the
property on website and complete the deal. You can also find a lot of options
online for commercial property.
·
Explore a variety
of types of commercial property
You should decide first what type
of commercial property you want to purchase. You should evaluate what kind of
property best suits your current needs. Some beneficial commercial properties
are office buildings, warehouses, apartment buildings, hotels, malls, shopping complexes,
etc.
·
Determine
why the owner is selling the property
There can be a number of reasons
why a person is selling a property. So, you should check it because it will
help you in a negotiation. Determine if there are any major repairs necessary
and check the locality and surroundings of the property.
You can buy and sell property on 36 estates. It is a free listing website
where you can find best property at a reasonable cost. If you want to sell your
commercial and residential property, then you can make free listing on 36 estates
and get potential buyers.