Growing entrepreneurial culture, stable government and other important factors have created a favourable environment for businesses to grow and expand. For anyone planning to buy a commercial property, this is a good time to do so.
According to a survey conducted by KPMG, India has about 375 million sq. ft. of Grade-A office space. If we talk of the total valuation of office space in India, the figure stands at USD 65-70 billion. In 2015 and 2016, nearly 52.6 million sq. ft. and 57.1 million sq. ft. of space will be added to the existing office space in India. A significant percentage of this space will be located in Gurgaon and other parts of Delhi NCR. This is quite evident from the number of commercial real estate projects coming up in Gurgaon.
If you’ve been thinking of investing in commercial real estate, this is a good time to do so. Be it retail shops, restaurants or offices, there are plenty of choices available to those who wish to make a profitable investment in commercial real estate. M3M Urbana Gurgaon and other real estate projects provide good investment opportunities to the investors. Here are some of the reasons why this is an ideal time to invest in commercial property –
Growing entrepreneurial culture : India has a strong entrepreneurial culture. More Indians than ever before are achieving success as entrepreneurs. The figures available with the Reserve Bank of India (RBI) suggest that the amount of borrowings for commercial projects has increased significantly in the past few years. Indian entrepreneurs are no longer dependent on foreign players to invest and grow their business.
Apart from the corporate professionals, other professionals like Lawyers and Chartered Accountants are looking for their own office space. All these factors have resulted in an increased demand for commercial space in India. Investing in an under-construction commercial project can help you reap rich rewards as you can later sell or rent out the property.
Government policies : A strong, stable government at the centre has created a very conducive environment for businesses to grow and flourish. A clear mandate to the government last year has renewed the confidence among the investors. The new government has also been making efforts to woo global investors. As a result, many foreign companies are planning to set-up or expand their operations in India. These companies will need office space in the future. That in turn has created a favourable scenario for the expansion of commercial real estate industry in India.
Top-quality amenities : Most of the new commercial real estate projects are equipped with modern amenities and facilities. Whether we talk of on-site parking areas, dedicated sign areas or 100% power back-up, M3M Urbana Gurgaon and other commercial real estate projects have the best amenities that don’t just provide innovative working environment but also have a positive impact on the value of the property. Whether you’re planning to establish your own business or simply wish to make a profitable investment, it is important to choose a commercial property with good amenities.
Apart for M3M Urbana Gurgaon, there are plenty of other commercial projects in Gurgaon and other parts of Delhi NCR. These projects provide an excellent opportunity to find the best commercial properties in India.