noise dept.
I'd rather be in outer space ๐ธ
PR's Tumblrdome
h
almost home
taylor price
No title available
โฃ Chile in a Photography โฃ
Cosmic Funnies
Monterey Bay Aquarium
TVSTRANGERTHINGS
wallacepolsom
let's talk about Bridgerton tea, my ask is open
"I'm Dorothy Gale from Kansas"
Kiana Khansmith
pixel skylines
Stranger Things
occasionally subtle
Peter Solarz
he wasn't even looking at me and he found me
seen from Brazil
seen from Panama
seen from Palestinian Territories
seen from United States
seen from Tรผrkiye
seen from United States
seen from United States
seen from Germany
seen from United States
seen from United States
seen from United States
seen from United States
seen from United States
seen from United States
seen from United States
seen from United States
seen from United States
seen from United States
seen from United States
seen from United States
@spacecreattorsme
AIPL Business Club in Gurgaon
Looking for a money-making property for Investment?ย
Yes, you heard correct, AIPL Business Club is located in Sector 62 Gurgaon on Corner Plot, on Golf Course Extension Road. With 4 level car parking, 2 basement and 7 lac sq. ft "Grade - A" office, at here you are on the top limit of managing your own business. Details: Investment Start: 1.05 CR onwards Rent: 7.5 LAC Yearly Rent]
Pre Rented Property For Rent in Gurgaon
Looking forward to investing in Pre Rented Property in Gurgaon? HDFC BANK best pre-rented property at golf course extension road Gurgaon where you would like to invest your money and get 6 % of ROI. Details: RENT: 3.77 Lac LOCATION: Golf Course Extension Road DEAL: RENTED Lease Terms: LONG TERM LEASE Call now on 09711622995 and our expert will guide in every aspect
Pre Rented Property for Sale in Gurgaon
Want to invest in Pre Rented Property in Gurgaon? Corporation Bank one of the best pre-rented property at golf course extension road Gurgaon where you want to invest your money. Details: RENT: 1.31Lac PRICE:3.23Cr The ROI will be amazing and hefty. So what are you waiting for, Call now on 09711622995 and our expert will guide in every aspect
Pre Rented Property in Gurgaon
Want to invest in Pre Rented Property in Gurgaon? Bank Of Baroda one of the best pre-rented property in Gurgaon where you want to invest your money. Details: 6% ROI WITH RENT OF 1.20 LACS PRIME LOCATED AND 7 YEARS OF LEASE The returns will be hefty. So what are you waiting for, Call now on 09711622995 and our expert will guide in every aspect
AIPL Joy Square Gurgaon
AIPL Joy Square providing the best premium property. AIPL offering housing top quality High Street Retail Shops, Food Court & Serviced/Studio Apartments, AIPL Joy Square is an opportunity no investor can miss at all.
How do you compare the average market price and circle rates in buying a commercial property?
In the housing sector of India, over the past five years, the latest data points towards a concentrated difference between the actual market prices of the commercial property and the circle rates in the major cities.
DELHI-NCR
In Gurugram, the market price at Expressway of Dwarka stood at about Rs 5,340 per sq ft while the circle rate of the commercial property in Gurgaon is about Rs 4,133 per sq ft. At the Sohna Road, the market rate is about Rs 6,710 per sq ft, up 35 percent from the respective circle rate of Rs 4,969 per sq ft. Golf Course Road tips an average market price of the real estate of about Rs 13,150 per sq ft while the circle rate is about Rs 7,530 per sq ft.
In Noida, the market price on the respective Expressway is about Rs 5,075 per sq ft while the circle rate is about Rs 4,366 per sq ft. At central Noida, the market rate is basically Rs 4,920 per sq ft as against the respective circle rate of Rs 3,685 per sq ft.
Difference Between The Avg Market Prices And The Circle Rates
Anaraock said its data of research shows the difference between the average market prices of the real estate and circle rates, which was as elevated as 100% in assured localities of Pune, Mumbai, and Gurugram in the year 2015, currently stands at a mere 6 percent difference.
NEW DELHI
The average market prices of the real estate quoted by the developers around various major Indian cities are about 6 percent to 75 percent higher as compared to the price of the government-prescribed circle rates, the particular value at which the stamp duties are paid and all the properties are properly registered, said the real estate consultant Anarock.
The final report comes in the background of heavy conjecture that all the developers might be forced to reduce their respective prices in view of high bank assessment and unsold inventory and also an economic slowdown because of the two-month nationwide lockdown.
A guidance value, circle rates, or ready reckoned (RR) rates are basically the value set up by the state government under which a commercial property cannot be actually registered. Each area inside a city has its own ready reckoner rate on which the particular stamp duty is collected.
In a major trend that is seen in the sector of Indian housing over the past five years, the new data points towards an abridged distinction between the ready reckoner (RR) rates and the real market prices in the principal (sale by the developer) segment in the top cities, said by Anarock in a statement.
MUMBAI
In Mumbai, the average market prices of the commercial property in the Lower Parel are about 6 percent higher at Rs 34,660 per sq ft as compared with the RR(ready reckoner) rate of Rs 32,609 per sq. In Worli, the actual market value is Rs 38,560 per sq ft while the RR(ready reckoner) rate or circle rate is Rs 35,350 per sq ft.
BENGALURU
According to the latest data for Bengaluru, the market price of commercial property at Rajajinagar is about Rs 13,300 per sq ft as in opposition to the circle rate of Rs 9,012 per sq ft. At Indiranagar, the market rate is about Rs 11,500 per sq ft while the RR(ready reckoner) rate is Rs 10,312 per sq ft.
Not only this, but the average market prices of the real estate at Kharadi and Baner in Pune also higher by 7 percent and 10 percent correspondingly than the circle rates in these particular localities.
Source: https://www.spacecreattors.com/blog/circle-rate-of-commercial-property.php
How will the prices of real estate play out after this pandemic settles down
Like every other section of the economy, the real estate sector of India is rolling under the deadly impact of the coronavirus pandemic. But like it is with each and every crisis, this pandemic too may toss up opportunities for buyers as various cash-starved developers with unsold supply may be forced to sell at quite discounted prices.
While comfort housing may see a 20 percent drop in the prices, developers would present freebies to buyers investing in the mid-segment. These possibly will range from delayed payment plans to even free insurance of Corona that may deal with their fears of a job loss. Commercial property may see a moderate price correction of about 5 percent and also a downfall in the volume.
For illustration, a villa property in the Worli area of Mumbai is in the market for a small number of months now. The buyer had basically bought it for around Rs 40 crore a few years back and was willing to sell it for about a price of Rs 30 crore four months ago. Today, he is actually willing to sell it at a price of Rs 20 crore, and yet there is not a single taker. This is approximately at a price point of Rs 30,000 per sq ft, which is similar to a high-end commercial property located in the Golf Course Road of Gurgaon.
Chairman of HDFC Deepak Parekh recently said that he actually sees a 20 percent drop in commercial property prices of unsold residential inventory, and advised all the developers to relieve of their stocks to improve the position of liquidity. He also cautioned the developers against more leveraging, which can actually affect their businesses in the long-run.
A report by HDFC Securities had noted that the large NBFCs expect more 20-25 percent cuts in the prices of real estate and a 25-30 percent dips in the volumes for the monetary year 2021 along with economic incentives such as stamp duty waivers. This shall aid the recovery of the demand. The market may merge in the hands of select large organized developers with a balance sheet that is quite strong and access to bank funding. JDA/JV model will carry on and land buying will take a backside seat. Launches will get deferred and the major focus will be on completing the existing unsold area.
A study by Liases Foras has also predicted that the prices of the commercial property in Gurgaon may come down by 10-20 percent across geographies, at the same time as the land prices could see an even higher reduction of about 30 percent.
Source: https://www.spacecreattors.com/blog/pandemic-impact-on-real-estate.php
What are the Top Four projects to invest in commercial property in Gurgaon?
Investment in commercial property in Gurgaon has always been seen as an exemplary means of expanding the portfolio of assets and restoring good returns. And while weโre talking about Gurgaon, itโs developed considerably over the last few decades and has made it almost unrecognizable from what it once was. This remarkable journey of development has given this region a new name: the โMillennium City.โ Commercial property in Gurgaon has one of the best infrastructure growth which is always on a steady upward course. The establishment of a number of IT parks, MNCs, and SEZs has led to unprecedented developments in the city, attracting people from across the country and abroad.
Building on the pattern in urban centers across the country, Gurgaonโs real estate is leading to a revival of investor confidence in the National Capital Region. One of its main reasons for that kind of buoyancy is that it has broken a five-year dry spell, and finally has a strict implementation of the law. The revival of this confidence between buyers could result in an increase in the rates of residential and commercial properties in Gurgaon by more than 10% to 20%.
With the ever increasing population in Gurgaon, the city has experienced a huge rise in the demand for real estate, not only in the residential areas but in the commercial establishments as well.
One of the most prominent builders in Gurgaon is the AIPL group.
About AIPL Group:
Advanced India Projects Limited (AIPL) has been in the real estate business for almost 30 years. They have built 2.5 million sq.ft. of office spaces, 2.8 million sq.ft. of retail spaces and 340 acres of township development. Their major focus is on quality and sustainability. These attributes are visible in their developments which exude durability and best in class technology. Apart from these values, AIPL has continuously focused on innovation in their projects and specialise in integration of modern technology with strong fundamental values. Their continued success in building commercial properties in Gurgaon has been possible due to their consistent commitment to their core values.
LET US HAVE A LOOK AT THE FOUR MOST PROMINENT COMMERCIAL PROPERTIES IN GURGAON
#1 COMMERCIAL PROPERTY IN GURGAON โ AIPL JOY GALLERY
AIPL Joy Gallery is a mixed use retail development and is a prominent commercial property in gurgaon. It offers a combined package of Premium Retail, F&B outlets, Food Court, Restaurants, Cafes and an Entertainment Zone. Considering the growth in disposable incomes of people in Gurgaon in lฬฅine with rising opportunities, this development offers a handsome opportunity to investors.
Project Highlights โ
Located in Sector โ 66, Gurgaon
Project Area: 4.28 acres
Price Starting at Rs. 60L
Expected Possession: June 2024
24X7 security service.
11% assured returns.
#2 COMMERCIAL PROPERTY IN GURGAON โ AIPL JOY SQUARE
AIPL Joy square, located in sector 63 A in Gurgaon is one its kind commercial property in Gurgaon. It is an integrated Commercial and residential property. AIPL has leveraged its upper hand on quality and sustainability to create a feasible residential-retail space. With AIPL Joy Square, the developer has established a unique type of property segment. This has raised the bar for the high-end retail market in the area. This property speaks for the high paced growth of the city itself. There is no doubt that It is touted to become one of the best upcoming commercial properties in Gurgaon.
Project Highlights โ
Located in Sector โ 63 A, Gurgaon
Project Area: 2.84 acres
Price Starting at Rs 25 Lakhs
Property Under Construction
Expected Possession: January 2022
Premium amenities
11% assured returns
#3 COMMERCIAL PROPERTY IN GURGAON โ AIPL JOY STREET
AIPL Joy Street takes the expertise of AIPL one step further by offering a unique blend of Retail, entertainment, F&B and serviced apartments in a single package.
Serviced Apartments: AIPL offers luxury studios and 1 BHK apartments with world class amenities including housekeeping, 24/7 concierge and reception desk, laundry service, Gymnasium, swimming pool and spa. There has been a consistent influx of young population in Gurgaon from different parts of the country, this has raised the demand for high-end studios. AIPL has truly captured the rising trend and presented a lucrative investment opportunity for the buyers.
Commercial Space: AIPL has a variety of commercial outlets ranging from small to large spaces for different types of businesses. Each space includes the state-of-the-art facilities equipped with modern design and latest technology. In addition to this, there are smart suites office spaces which are fully equipped with modern facilities like data connections, power backup, flexible office setup options, ATMs, restaurants and cafes in vicinity to make the office area more desirable and attract more crowds. All in all, Joy square is a major upcoming commercial property in Gurgaon.
Project Highlights โ
Located at Sector-66, Golf Course extension road, Gurgaon
Price Starting at Rs. 70L
100% power backup
Data connection
High-end 1 BHK and Studio Apartments
Expected Possession: September 2020
Get 11 % assured returns
#4 COMMERCIAL PROPERTY IN GURGAON โ AIPL BUSINESS CLUB
AIPL Business Club is designed to meet the future business needs. The group has held on to its fundamentals of sustainability by developing an office space which has all the facilities that the business would need in future as well. This is an aspect which would attract a large number of businesses. AIPL Business Club includes co-working spaces, corporate retail spaces, fine dining, valet parking, driver lounge, locker room and shower room for support staff, ATMs, banks, shuttle services to rapid metro, luxury amenities like infinity pool and Golf putting greens.
With almost all the needs of businesses taken care of, AIPL Business Club definitely creates its mark as a major commercial property in Gurgaon.
Project Highlights โ
Price starting at Rs. 55L
Project Area: 4.18 acres
Located in Sector-62, Golf Course Ext. Road, Gurgaon
Ready to Move In
World-class amenities
Business Lounge & 24ร7 Concierge Services
11% assured returns
THE PATH FORWARD โ
Commercial Investors have shown great interest in commercial property in Gurgaon, and recently NRIs have also begun to invest in the commercial space, mainly as a result of profitable returns. When we equate investment in the commercial with residential, it can be assumed that returns from commercials are higher. An increase in the number of private equity funds displayed an involvement in the commercial office space in 2018, preceded by the very same in 2019. And with the success of Indiaโs first REIT trickling in, the pattern of commercial office space getting the upper hand in real estate holdings will continue. There is a possibility of more injection of liquidity in commercial real estate and builders will come up with more projects in this category.
Source: https://www.spacecreattors.com/blog/top-commercial-property-in-gurgaon.php
Why AIPL Joy Gallery Is The Best Commercial Premium Investment In Gurgaon?
ABOUT GURUGRAMโS REAL ESTATE MARKET
Gurugram real estate has been the hot topic for discussion in the Indian Real Estate market for the last few years as it is counted as one of the top locations to invest in. While the city is popular for both residential and commercial properties, it especially peaks the interests of commercial real estate investors due to its growth and development.
In terms of revenue collection, Gurugramโs real estate market is one of the best in India. Gurugramโs commercial properties are bought by many big industries, multinational companies (MNCs), corporate businesses, and big retail brands.
Gurugram is especially famous among the public for its entertainment hubs, shopping centers, high rise malls, food courts, lounges, etc. The recent advancement in connectivity and transportation system has also added to the reputation and has made it the eye of the fish for many investors looking for enticing opportunities.
In this article, we will be telling you about one such opportunity for commercial real estate investors.
About The Developer Of AIPL Joy Gallery
Advance India Projects Limited (AIPL) is a big name in the Indian real estate industry. They offer a wide range of properties including residential, commercial and retail properties in premium locations of Delhi (NCR), Punjab, Rajasthan and Maharashtra. With over three decades of experience AIPL has grown and thrived immensely in the real estate market. The innovation and excellence of their projects have continuously taken them to new heights.
AIPL is known to be the master of commercial real estate properties. In Delhi (NCR) alone, through their landmark commercial projects, they have developed and managed commercial spaces for over 70 MNCs and Indian corporate houses.
They believe in change and with their motto โ โDream the Change. Create the Change. Live the Change.โ, it is clear that they want to bring the change they want to see and live in. They view each of their new dreams; new projects as an opportunity to exceed the expectations of their customers and create a bigger impact than last time by elevating to a new level of success. They want to fulfill the desires of their clients and create value for their shareholders.
About AIPL Joy Gallery
AIPL Joy Gallery is a high-end mixed use premium Retail Development located on the main Golf Course Extn. Road in Sector 66, Gurugram. It is spread over 4.28 acres of land and offers 720 units in 1 tower. It is the future of retail in the city with Premium High โ Street Retail, F&B outlets with food court, Restaurant and Cafes, and Entertainment Zone. The project offers retail shops on ground, first and second floor and office spaces from there on up to 24th floor.
AIPL Joy Gallery is designed by world renowned DP Architect who is known in the real estate industry for his work in designing retail projects, resorts, hotels, commercial offices and residential projects. Some of his best works include The Dubai Mall, The Orchard Central, Singapore and Select City Walk, Delhi.
The location of this project offers a lot to its owners. The property is near Township and group housing development which is advantageous for the business. It also receives engagement from a large working population from ITSEZs that are in close proximity to the area.
Project Highlights Of AIPL Joy Gallery
AIPL Joy Gallery is home to spectacular shopping outlets.
The project is strategically located to invite customers for retailers.
AIPL Joy Gallery is surrounded by commercial office spaces, retail malls, and high end residential projects.
AIPL Joy Gallery is a hyper market which gives retailers a certain edge over their competitors.
AIPL Joy Gallery offers high โ street retail to its customers.
AIPL Joy Gallery has F&B outlets with a Food Court.
AIPL Joy Gallery offers Restaurants & Cafes for the leisure of the public.
Entertainment Zones are also offered by AIPL Joy Gallery furthering the experience of the public shopping at the project.
AIPL Joy Gallery offers restaurant spaces with green terraces embracing the sustainability goal.
Location Advantages Of AIPL Joy Gallery
The location of AIPL Joy gallery is in the Village โ Badshahpur, Sector โ 66 of District โ Gurugram which is 1.10 km away from SH-13 which makes it easily approachable.
The nearest railway station is Old Gurgaon Railway Station which is 10.30 km away in the NNW direction from AIPL Joy Gallery.
It is well connected to the Sohna Road and Golf Course Road.
The nearest airport which is located on Southern Peripheral road (SPR) is 30 minute drive away.
AIPL Joy Gallery is easily accessible from NH8.
Amenities Offered By AIPL Joy Gallery
The following amenities offered by AIPL Joy Gallery are what makes the investment worth each penny as these will add to the experience of the public, inviting more customers and boosting the business.
ATM
Lift
Fitness Center
Food Court and Multiplex
Front Facing Shops
High โ Street Retails Shops
Entertainment Zone
F&B outlets
Office Space & Open to Sky
Visitor Parking
Conclusion
AIPL Joy Gallery Gurgaon located in sector 66 is one of the flourishing high street mix commercial projects. Based at bang on Golf Course Extension Road, it features great pace. The premium commercial location also acts as a prime aspect for commutation for the people. Result in a bother free commutation leaving the traffic bedlam of the city. Whether you wish to invest in a Food court, Multiplex, anchor shops, office space or service apartment, each and every segment guarantees secure returns on your investment. Book your preferred space in AIPL Joy Gallery Gurgaon today and own your premium luxury space in millennium city. To find out more about AIPL Joy Gallery or familiarise yourself with the best real estate investment opportunities, reach out to us at Space Creators and our top experts will cater to all your queries.
Source: https://www.spacecreattors.com/blog/aipl-joy-gallery-best-investment-in-gurgaon.php
AIPL Joy Square โ Best Investment In Gurgaon
About AIPL & its Real Estate Market
After the huge achievement of AIPL Joy Central as well as AIPL Joy Street, AIPL now provides you another reason to explore with AIPL Joy Square. AIPL Joy Square Gurgaon is a mixed-use commercial development which is strategically located in Sector 63A, Off Golf Course Extension Road, at the junction of the 150mtr. wide Peripheral road and the 84 mtr. Sector Road. It has been designed and conceived by the world โ prominent Singapore based DP Architects.
AIPL has always been acknowledged for its timely delivery, construction quality, and the choice for best commercial property investment. The company is 25 years old and has delivered about 51 projects. In recent times they have managed to commence three projects back to back and the most excellent part is that they have sold each one of them approximately around 80-85%. Now they are coming up with a new project in Sector 63A, Golf Course Extension Road, Gurgaon. When it generally comes to a new project AIPL looks at each and every aspect of it and gets into that particular development only if they get influenced first. They have in recent times launched AIPL Business Club which is an IT-SEZ in Sector-62, Golf Course Extension Road, Gurgaon. Then they have also launched AIPL Joy Street in Sector-66 and the very last offering from AIPL was AIPL Joy Centre which is in Sector-65, Golf Course Extension Road, Gurgaon. All these three projects were a big hit in the market.
PROJECT HIGHLIGHTS & LOCATION ADVANTAGES OF AIPL JOY SQUARE:
The brand new project which AIPL are at present impending with is AIPL Joy Square in Sector 63A, Golf Course Extension Road, Gurgaon.
It is again a marvelously designed and very well thought of project.
In the middle of about 15000 residential house units, this would basically be the only project.
AIPL Joy Square Gurgaon consists of various Food Courts, top quality high โ street Retail Shops, and the most popular product for venture & investment nowadays the Studio/Service apartments.
AIPL is always known for the best commercial property investment.
WHY YOU SHOULD INVEST IN AIPL JOY SQUARE:
The AIPL Joy Square Project moreover offers you an 11% of Assured Return on your investment till ownership. The probable time for the delivery of AIPL Joy Square is four years. Hence, if you invest an X amount of money on which you will be getting an Assured Return of 11% per annum, in anticipation of the time of completion you will be getting 44% of your investment. Which basically means you will be getting almost half of the property price back at the time of ownership. And in those four years, apparently property price will also go up as per the pace of the market. As a result, the Return on Investment of your property will be exceedingly high.Price Rates:
OTHER CHARGES:
PLC (As Applicable)
Parking: Rs. 5 Lacs
IDC/EDC: Rs. 600 Psft
IFMS: Rs. 100 Psft
WHAT YOU WILL GET:
Spread over approx. 2.84 acres.
4 side open plot
G+9 Floors with 3 levels of basement and surface parking
First Floor and Ground Floor- High Street Retail
Second Floor โ Restaurants, Cafรฉ, Food Court, Retail shops
Third to Ninth Floor โ Branded Serviced Residences.
Conclusion:
You can take advantage of this offer till the project gets complete. Experts of property also predicted that prices would to some extent go up as services apartments do not have that much of a buyerโs base. In addition, location wise, Huda metro is just 7 Km away and this area is also close to the IT hub, and various IT companies have wide roads, and it is also a four side open plot with Lease Assurance. Hence, donโt miss this opportunity and let this deal fade away in this pandemic.
Source: https://www.spacecreattors.com/blog/aipl-joy-square-investment-in-gurgaon.php
INVESTMENT IN COMMERCIAL AND RESIDENTIAL PROPERTY
Real estate has been the beacon of investment in India. Investment in commercial and residential property is regarded as a high grade investment as it offers a tangible natural asset.
Investment in commercial and residential property has seen massive shifts in the last 10 years which have made real estate an even more lucrative investment. Commercial real estate market has grown substantially in recent decades as India has been experiencing an economic boom, more business houses have been established in India. The country has seen 7 times growth in the number of new businesses in the last decade. Due to this rise, the demand for commercial property has increased. Residential properties on the other hand, have proven to be a sustainable option as they are usually purchased for end use by the buyer or for the purpose of long term investment. The question that arises is where should one invest โ Commercial or Residential?
INVESTMENT IN COMMERCIAL AND RESIDENTIAL PROPERTY โ A QUESTION
INVESTMENT IN RESIDENTIAL PROPERTY
Rising Demand of Rental Properties: The current generation of youngsters prefer renting over purchasing a property. This is because of the changing nature of jobs. Current jobs require people to travel more, there are frequent transfers and these are less static. Moreover, youngsters donโt mind moving from one geography to another in order to grow. Hence, they prefer renting over purchasing a property. The rental market is bound to rise manifolds in the coming years, which can guarantee a high return to investors.
Ever Growing Demand: There will always be a demand for residential property because everybody needs a place to live. With the growing population of India, the number of new home buyers are increasing. This opens a wide spectrum of investments for the residential real estate market.
Low Cost of Market Entry: Residential properties require a lesser initial investment to enter the realty sector. Small and medium investors find it easier to invest in the market due to low cost of market entry. This is because commercial properties are generally required for business purposes, the property becomes a business asset. It is required for doing business, on the other hand residential properties are majorly required for personal purposes. A commercial property in a tier-1 city may start from 5-10 crores while a residential property in the same city is half the price.
Higher Risk: Frequent changes in tenants with low returns make investment in residential property a less favourable choice for some investors. Additionally, fluctuations in residential property prices are influenced by many factors other than the general economic scenario. It depends on the market sentiment as well. This is in contrast to the commercial properties where the factors determining the prices can be understood more easily and strategies can be formulated well in advance.
INVESTMENT IN COMMERCIAL PROPERTY
High Rental Returns: One of the best reasons for investing in commercial real estate over residential is higher rental returns. Commercial properties offer a higher income potential yielding annual rental returns between 6-12% depending on the area, where as residential properties yield only 1-2% The reason for this is: Commercial properties are used for doing business, the rent is paid out of the income received from the business, the property becomes a prerequisite for business and hence stability can be achieved. For eg: A commercial property is rented to a retail outlet, the retail outlet grows with time, for such spaces, the location is a major factor in growth, now the business owner would always prefer keeping the same property, even if it means paying more rent. This benefits property owners in the long run.
Higher Initial Cost of Investment: Entering the commercial real estate market requires a lot more capital than residential, for the same area. The high initial cost of investment makes its investment option less viable and restricts the entry for small investors. With large initial investments come running large following capital expenditures. This increases the risk as well, as the investment once done can not be recouped easily. It required more research about prospects and a long term view to predict the rate of returns.
Interest Rates on Loans: If an investor wants to take a loan for his/her commercial investment, then he must be ready to pay a slightly higher interest rate. The interest rate for home loans is much cheaper than interest rate for commercial spaces being 1.5-5% higher. The loan factor must be taken into account while making the purchase decision, as it sets the lower limit to the returns to be expected. For eg: Property Price: 10 crore, letโs say we take a loan of 5 Crore, the rate of interest is: 10%, so the interest, if we only pay the interest cost, comes out to be 50 lacs per year. This clearly means we need a property where rental would be more than 50 lacs per annum taking into account the upkeep costs, otherwise we will lose money. If the rent is less, we need to decrease the debt component in our capital structure and maybe take a partner. On the other hand we need an year on year appreciation of more than 5% which is the inflation rate to make a capital gain. Even on a 5% appreciation we are still in profits, as the value of money taken from the bank remains the same because we will be paying the interest out of the rental income. Hence, the debt risk might be controlled with proper planning and research.
Increased Effort: Although the commercial property will yield a higher return than residential, it will require a high amount of effort for the investor. The property must be chosen at a suitable place where the demand for commercial property will be higher in order to earn a higher rental income. It is a must for the investor to check the creditworthiness and the profile of the tenant. The tenant should have a stable and long term business.
Introduction of REITS: Investing in commercial real estate can be difficult and in order to make it easy, a new innovation was introduced: REITS, Real Estate Investment Trust. In the early 1960โs REITs were introduced in the US with an outlook to change the real estate market. Since then, REITs have been adopted by other countries as a preferred mode of investment. This system has helped small investors to make a productive contribution towards financing in commercial real estate. REITS adds to the advantage of investment in commercial property over residential.
Key Markets for Investments: Some of the major markets for investment in commercial and residential property are Delhi NCR, Bengaluru and Mumbai Metropolitan Region also referred to as MMR. With better job opportunities and MNCs occupying a big chunk of land for their operations, Commercial Real estate is blooming. Residential real estate is also witnessing a high demand for locations that offer good connectivity and are closer to major job hubs.
Investment in commercial and residential property: Conclusion
Any form of investment is a good investment if made congruously. Investment in commercial and residential property come with their own set of pros and cons that make them highly distinguishable. It depends on the investorโs expectations and his paying capacity. With the real estate market growing at a hearty pace, investment in commercial and residential property both have a positive outlook for growth, hence it is a win-win situation. An investor may even form a portfolio of both types to diversify his risk and guarantee himself a fairly higher return.
Note of Precaution: The investor must check all the documents carefully with the due diligence before investing in any such arrangement.
Source: https://www.spacecreattors.com/blog/investment-in-commercial-or-residential-property.php
Pre-Rented Property: A Complete Guide
Pre-rented property, as the name suggests, is a property that is sold with a rental agreement still in place. To simplify, a pre-rented property is referred to as a property that is rented to any organization or enterprise and is then sold to the buyer with that rent as an income. The transfer of lease takes place immediately after the transfer of the property to the new owner. Additionally, the buyer of the pre-rented property will now enjoy the rental income. Pre-rented properties are usually a better fit for investors as it offers a higher premium where the Return On Investment is assured.
We could use an example to simplify the aforementioned term. Mr. X owns a 5000 square ft shop in New Delhi in the main market. He/She has leased the shop to some startup at a rent of Rs 10,000. He sells the shop to Mr. Y for Rs 1,00,00,000. According to the new arrangement, the startup will now pay the rent to the new owner of the property, Mr. Y.
WHY INVEST IN A PRE-RENTED PROPERTY?
Investing in a pre-rented property has its own set of benefits. The most important one is convenience and less friction in the accomplishment of the goals of the investor. Further, there are many benefits some of which are mentioned below:
Assured returns: ย When an investor invests in a pre-rented property, he is entitled to the rental income and the tenants from the previous owner. Therefore, the investor must not be in a hurry to find the tenant for his property. The investor receives an assured rental return from day 1 on his investment with absolutely no waiting period.
No hassle in finding the tenant: One of the major pros of a pre-rented property is that it sets you free from finding a tenant for your property. The owner of a pre-rented property does not have to get involved in the long and tedious process of finding the right tenant saving him advertising costs and time too. Further, since the rental contract is already established, it saves the new owner the legal hassles as well.
The benefit of Capital Appreciation: Apart from assured rental returns, the investor usually makes an investment in real estate with an outlook of capital appreciation over a period of time. This seems like a profitable deal for the investor if he wants to maximize his Returns on Investment (ROI). Pre-rented properties have proven that they have the potential to get rented. This helps in raising the value of the property as it increases the opportunity cost of selling. In the long run, it yields a premium price.
Source of Regular Income: A pre-rented property being an appreciating asset can be a great investment opportunity for buyers. Since pre-rented properties are dependent on timely rent, they are often well-received for a regular source of income. This is very lucrative for investors who need a ready-made package offering a monthly income without any hassle.
Medium to Low Risk: Investing in a pre-rented property is often regarded as a safe investment. Returns will be assured for the buyers since the property will be rented for a particular period of time. Also, the probability of tenants vacating the pre-rented property before the expiry of the specified duration is fairly low. Further, the rental agreement is pre-decided which gives the investor a foresight to plan for the future course of action and minimize his risk.
Shorter processing time: Since the previous tenant has performed his due diligence with respect to the tenant, all the troublesome and hassle job is already done for the buyer. With all the required relevant information being available, the investor is assured of the credibility and capability of the tenant to pay timely rent. Generally, it takes time to develop this kind of credibility, while the pre-rented property offers this in a package with the property itself.
Offer Easy Liquidity: One of the major drawbacks of holding real estate investments is their illiquidity. Since pre-rented properties yield regular rent, they are easier to sell in the marketplace. This is because of their being rented which is an added advantage over other properties. Pre-rented properties are sold more easily than other properties of a similar kind.
All these focal points drive the investors to purchase pre-rented properties. However, one should not turn a blind eye towards the shortcomings these bring. Some of them have been discussed below.
SHORTCOMINGS OF PRE-RENTED PROPERTIES
Huge Investments: Good pre-rented properties with prominent locations and infrastructure facilities require high investment. This becomes a major drawback restricting the investments by High Net worth Individuals or HNIโs. Small or medium investors find it difficult to invest in such properties.
Lease term: The investor must perform his duty of carefully checking the lease term. If the lease expires and the tenant vacates the pre-rented property, it is often time-consuming and troublesome to find new tenants. Therefore, he will have to incur a loss of rental income accompanied by diminishing returns. Further, there is a lack of control over the property since it is already rented and a longer lease period might bind the investor to the property. He/She might not be able to make any modifications to the property until it is vacated.
The creditworthiness of Tenant: It is a must for the investor to check the creditworthiness and the profile of the tenant. The tenant should have a stable and long term business. Many government companies, banks, and FMCGโs are known to have a better holding capacity than some companies who might vacate in the absence of finding the required business.
CONCLUSION
The purchase decision for a pre-rented property depends solely on the buyerโs expectation. If the buyer wants more control, it is not a suitable option but on the other hand, if the buyer himself wants to rent it, then it is a very convenient option as it saves the buyer hassle of finding the tenant. Assured stable returns and capital appreciation make this arrangement widely popular for the commercial real estate market. In the current scenario with renting space witnessing a high growth keeping in trend with the whole real estate market, pre-rented properties offer high utility.
Source: https://www.spacecreattors.com/blog/investment-in-pre-rented-property.php
Why choose a Commercial Property for rent in Gurgaon?
Since the last two decades, Gurgaon has changed from an economical wasteland to an IT hub. It is one of the fastest rising sectors in India in terms of Commercial Real Estate. Commercial property in Gurgaon and its real estate market is getting a hot property and is attracting the attention of investors as they are getting quite big returns on commercial property and high profits on investments.
Here are a few major reasons to get a commercial property for rent in Gurgaon:
Major IT Hub โ Gurgaon comes under the major IT hubs of India; as a result, itโs quite popular among commercial property investors and real estate companies. Further, one can easily find skillful manpower, as this city is proximity to cities like Faridabad, Noida, Delhi, and Ghaziabad.
Excellent Infrastructure โ Gurgaon has witnessed a remarkable upgrade of infrastructural in the past couple of years, which in turn has given a major urge to the growth in this particular region. Areas such as Sohna Road, Dwarka Expressway, and Golf Course Extension are some of the really good areas in Gurgaon where commercial property investors can benefit from a good return on investment (ROI). Owing to all these compensations, Gurgaon has seen investment rise in properties including educational institutions, hospitals, resorts, hotels, housing, and commercial premises.
Extensive Transport Network โ Apart from the economic activity of Gurgaon, it has practical advantages from several other parts of the city. The biggest benefit of this city is its ability to link, via Rapid Metro System and Delhi Metro. In addition, it has the facility of standard private shuttles and bus routes which provide transport from to and from the airport of the city.
Many Multinational Companies โ There are a plethora of multinational organizations showing their interest in real estate of commercial property in Gurgaon given the fact that it is a major IT hub of India. Further, businesses are also booming and many domestic industries have established their base in this city. Gurgaonโs popularity as a major investment destination for real estate can be clearly seen by the fact that all foremost real estate players such as Unitech, DLF, Godrej Properties, Indiabulls, and Tata Housing have a commercial project here.
High Return on Investment โ Commercial property in Gurgaon produces higher returns against the investments.
Conclusion:
No doubt, Gurgaon has become a hot spot for both investors and real estate companies owing to its several benefits. Gurgaon is a perfect place for investment in commercial property because it not only offers you infrastructure, but also provides you potential customers and proper security. We at Space Creators are leading edge in providing all the solutions regarding real estate in Delhi NCR and Gurgaon.
Source: https://www.spacecreattors.com/blog/why-choose-a-commercial-property-for-rent-in-gurgaon.php
Benefits Of Investing in Pre-rented Property
The real estate sector is one of the largest industries that is globally recognized. The way we look at it is that a lot of parts or segments in Real Estate have been doing well. Over the last few years, thereโs an upward trend in the Indian Real Estate Sector. Pre-Rented Property (PRP) is increasingly becoming one of the attractive investment opportunities as it generates income from day one. A lot of Investors have been very actively investing in this asset. Especially in an era post the demonetization drive, where the returns on fixed income products like bonds, bank deposits are witnessing a decline, PRP is becoming an attractive investment opportunity as it provides stabilized returns with an appreciation on exit Letโs first understand what Pre-Rented Property (PRP) is Pre-Rented Property means Property sold with Tenant i.e., Property leased to a grade Tenant at an agreed rent (typically in the range of 3-15 years) with a fixed security Deposit of 3 to 6 months and after that sold in the market. The lease is then transferred to the respective owner with the transfer of property, and the new owner enjoys lease rent subsequently. Now, these returns range between 6%-8% p.a. to begin with and gradually improves on account of rent escalations, which is typically 5% on a year or 15% after three years, depending on the lease terms. Importance of Pre-Rented Properties: There are multiple benefits for purchasing a pre-leased property, to begin with, PRP is already given on lease and fetches a regular rental income, as the investor gets the lease transferred, he/she also receives the tenants and rental income by default. There is no waiting period for the buyer to earn Return on Investment (ROI), and later this income can be used for various business purposes. Usually, the value of pre-rented properties appreciates over some time. And, if it is located in a premium location or with good infrastructure, design, and amenities, then the capital appreciation can go even higher. The buyer can enjoy a good capital appreciation on pre-rented properties, provided they keep a gap of at least 10-15 years. Hence the investors can make around 16-18% p.a. returns from such an investment opportunity. Most real estate properties are low on liquidity, as it can take months to years to sell them. However, PRP comes with the benefit of regular rental income, which makes them a more liquid investment in nature. Due to this advantage, individuals and corporate investors prefer to buy commercial pre-leased properties over unrented assets. The other lucrative benefit for PRP is that investors can avail of a term loan against rental discounting for grade A Tenants. Few factors that should be taken as a consideration while Buying Pre-Rented Properties are: Duration of lease: Longer the period better it is for the property in terms of stability. Return on Investment: Higher ROI is better, but one should see that it should be close to the ROI of similar properties in that area Lock-in period: Higher the lock-in period better it is, locking of 3 to 5 years is standard. Substantial penalty on the Tenant on vacating the property within the lock-in period gives higher safety. Loan on Property: The seller should clear all mortgages of bank and personal loans; undertaking from the buyer regarding the same is a must. Furnishing of Property by owner or Tenant: Buyer should check about the furnishing/interiors of the property. If the owner has done the furnishing of the property then it is better, if Tenant has done the furnishing of the property, then it is essential to know about the disposal of interiors and furniture in that case. ย ย ย ย Dues on the Property: All the dues on the property should be clear i.e. Maintenance, Electricity, MCD taxes, House tax. Source: https://www.spacecreattors.com/pre-rented-projects.php
AIPL JOY Gallery offering restaurant, food court, or multiple entertainment options. Call 09711622995 and buy your dream retail shop at a premium location.
Visit:ย https://www.spacecreattors.com/aipl-joy-gallery.php
AIPL Joy Gallery
๐ข๐๐ป ๐๐ผ๐๐ฟ ๐ฅ๐ฒ๐๐ฎ๐ถ๐น ๐ฆ๐ต๐ผ๐ฝ ๐ฎ๐ ๐๐ต๐ฒ ๐บ๐ผ๐๐ ๐๐๐ ๐๐ฟ๐ถ๐ผ๐๐ ๐ฃ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐ ๐ถ๐ป ๐๐๐ฟ๐ด๐ฎ๐ผ๐ป!
Searching for best premium retail shops in Gurgaon? AIPL JOY Gallery offering restaurant, food court, or multiple entertainment options. Call 09711622995 and buy your dream retail shop at premium location.
๐๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐ ๐๐๐ฎ๐ฟ๐๐ ๐ฎ๐ ๐ญ.๐ฑ๐ฌ๐๐ฟ ๐๐ถ๐๐ต ๐ญ๐ฌ% ๐๐๐๐๐ฟ๐ฒ๐ฑ ๐ฅ๐ฒ๐๐๐ฟ๐ป ๐๐ถ๐น๐น ๐ข๐
Why To Invest in AIPL Joy Square Gurgaon
Why invest in AIPL Joy Square? AIPL Joy Square is the best commercial property in Gurgaon, AIPL Joy Square offering 20000+ residential units with an entrance on the 150m wide expressway, housing top quality High Street Retail Shops, Food Court & Serviced/Studio Apartments. Call on 09711622995 and buy your property now. Location Sector 63A, Gurgaon Pricing Rs. 24L* Onwards Possession December 2021 Property Type Commercial | Retail | Serviced Apartments