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Last year, the real estate market saw a slump due to the ongoing pandemic. However, this year, the sector is witnessing a renaissance of sorts. If you are looking to earn higher capital returns, diversify your portfolio or get an upstart in the real estate market, this is the right time to make a rewarding commercial investment.

Although the commercial real-estate segment had come to an almost stand-still, and the values hit rock-bottom during the pandemic, the post-pandemic recovery has been much faster than earlier anticipated. Thanks to businesses and start-ups’ renewed interest and market resurgence, the commercial scene is looking as bright as ever.

Yet, the question remains whether buying a commercial property is a good investment decision? We will point out why we think you’ll be making an intelligent investment decision when you buy a commercial property.

• 1. Stable and High Return on Investment Residential properties are generally bought for personal use. Although you can generate some income from renting or leasing the residential property, it will not yield as much as your commercial property would. Capital appreciation and return on investment are relatively high in commercial properties such as office spaces, retail outlets, factories, and warehouses.
  While in the present situation where residential properties are yet to pick up pace, the commercial property market is looking good in terms of gaining rental returns. Grade A commercial properties are among the top ROI earners. The returns on commercial spaces are also more stable as businesses are unlikely to keep moving from place to place after establishing a regular clientele.
• 2. Upward Growth of Commercial Real Estate Market The commercial market is on the road to recovery, and the implications of these trends are reflected in the renewed interest in office spaces. Commercial properties located at prime locations – with a lot of consumer traffic and near related businesses often attract well-paying corporate tenants. The value of your property in an up-market area and at an economically high-profile location will work well for your business’s success.
• Yields Good Rental Income Buying a commercial property doesn’t necessarily mean it is only for personal purposes. It is also a well-thought-out investment decision. One of the significant advantages of purchasing a retail space is renting it out for higher yield. For a premium location, the rental yield (that is, the percentage of the annual earnings generated from the asset) could be anywhere between 6 and 8% of the value of the property.
• Value Appreciates over the years. While value appreciation is applicable for commercial and residential properties, commercial property in a prime location undoubtedly appreciates value much faster than residential.
  It is vital to select the right property depending on the location, infrastructure, nearby businesses, the neighborhood, and the proposed infrastructural developments for the future as these factors will have an impact on the value of the property.
• Flexible Lease OptionsCommercial property owners have the option of using multiple lease agreements with tenants. Certain lease agreements give the owners flexibility in maintenance and operational costs.

Wrapping Up

When you buy a commercial property from a good developer, you can enjoy a plethora of advantages. You also get numerous amenities to take advantage of, from excellent infrastructure, higher returns on investment, and a prime location.

Take your time researching the right place to buy the commercial property. Even if the buying rate is a bit steep, the overall advantages and stable higher returns will turn the tide in your favor in the future. Seek out popular names in the industry, and they will help you pick the right commercial property at the right location and within your budget.

Yes!

The location matters a lot for any business, especially since it is undeniably linked to their target market, employees, suppliers, kind of neighborhood, nearby related businesses, and even competitors.

Selecting the right location for your commercial property can be time-consuming and daunting.

However, keeping your business’ unique priorities in mind, you should be able to select the perfect one with these pointers.

• Should be Accessible to your Target Market: A location that is not commercially viable will offer your business little or no chances of success. The location of your commercial property should be easily accessible by good roads and transportation. Moreover, the population in the neighborhood should be large enough to sustain your business.
  For a retailer, when the property you choose has existing brands like Croma, Pantaloons, Brand Factory, West Side, and more, it becomes easy for other related businesses to set shop there. Since you rely on the neighborhood for success, you should also be in close proximity to your competition. When you are in a location with several similar commercial establishments or related businesses, you would be able to draw in a specific customer group to your store.
• Can Impact your Store’s footfalls: A store’s success is intricately dependent on its footfalls. If your property is in a nondescript location, the chances of you drawing in your target audiences reduce considerably. Regardless of how good and popular your brand is, the area helps you entice the right kind of market into your stores. A location that is close to a central hub or pre-existing customers can invariably increase the store walk-ins.
• Easy Availability of Skilled Employees: While setting a business in a highly valuable commercial area makes a lot of business sense, it is also an equally important practical decision. In addition to appealing to your customers, you should also think of attracting skilled employees.
  Commercial property at the right vantage point between the city and the suburban will reduce business costs and improve employee productivity.
• Can Enhance Business Visibility: You might be doing everything right by the book, and yet your business will still not reap the most benefits if potential customers do not know where it exists. The right commercial property location should ideally see a lot of traffic, be near other brands and establishments, and have pedestrian and vehicular movement.
  A property on a prime commercial location will undoubtedly benefit your business more than setting shop at a place that is hard to find on a map. Initially, you might be put off by the higher prices of the property or the rent, but in the long run, having a business close enough to your customer base or target demographic will prove to be much cheaper. The increase in sales will easily sail you through any additional expenses you could’ve incurred.
• Should be near Suppliers: Businesses don’t only run on customers, as they are dependent on suppliers too. The location of a commercial property not only impacts your customers and employees, but it should also be able to sustain a supply chain comfortably.

Wrapping Up

If you need an excellent commercial property in a prime up-market location, you should seek reliable and experienced developers to lead you to the right property. The right neighborhood can make a lot of difference to your business, and you wouldn’t want to take chances with your business’ success. Research and always select the location keeping in mind scalability and the future of your business and the site.

Most people in India look at owning a house with a sense of pride, a lifetime investment, a dream come true and even, a responsibility. However, the real estate juggernaut came to a standstill with the pandemic and the ensuing nationwide lockdown. Yet, the year 2021 has started positively, and this resurgence is predicted to continue – although a bit more cautiously.

Thanks majorly to the governmental reforms and regulations, and a renewed interest in real estate, as we started emerging out of the pandemic crisis, the housing sales picked up the pace right off the bat. While it is true that the entire real estate segment is seeing an upsurge, the mid-segment housing, in particular, is enjoying the most momentum.

And one place that has become a mid-segment real estate hot spot in Ahmedabad is Shilaj.

Shilaj – The Ideal Premium Residential Locality

If you plan to buy a mid-segment residential property in Ahmedabad, the best location would undoubtedly be Shilaj.

Considered as one of the fastest developing residential neighborhoods, Shilaj is a premium locality in the western suburbs of Ahmedabad. It is a well-planned residential area with excellent infrastructure and fast connectivity to the city center. Moreover, it has good internal road connections that increase the value of surrounding areas as well.

As a homeowner, you would look for a property within your budget and one that you would appreciate over a short period. More than 40% of mid-segment properties in Shilaj are in the 40 – 70 lacs budget. Right now, 3 BHK apartments seem to be the most preferred in this segment.

The high-middle class professionals and millennials prefer this neighborhood, and that’s why developers are rushing in to develop properties here. Shilaj is known for its green cover and the nearby lake, which lends scenic beauty to the neighborhood and increases its manifold value.

Neighborhood Snapshot

When you plan on buying a property, you will undoubtedly have a few priorities in mind. Although the budget could play a significant role in your decision, other factors such as the infrastructure, amenities, roads, connectivity, and potential for growth in the future.

• Shilaj is a locality that is a stone’s throw away from Sindhu Bhavan Road. For the uninitiated, this road is the absolute go-to place in all of Ahmedabad. It edges the other areas such as Thaltej, Bodakdev and even south Bopal out in terms of up-market appeal.
• There are upmarket malls, entertainment zones, recreational clubs and retail establishments situated around Shilaj that drive the value up. With the Thaltej Flyover it has now become easier and faster to reach Shilaj from other prominent areas of Ahmedabad.
• Several schools, including DPS Bopal, Anand Niketan Shilaj, and Tulip, are around the vicinity of Shilaj, making it an ideal residential choice.
• The presence of many multi-specialty hospitals like Zydus, Sterling, and Global also adds to the advantage of residing at Shilaj.
• Shilaj also is well-connected by S.P Ring Road, and Ambli Road . Commuters travelling to Bavla, Changodar, Sanathal Circle can enjoy a shorter travel time from Shilaj, as it is well-connected by S.P. Ring Road. Moreover, S.P. Ring Road also provides faster connectivity to nearby cities such as Mehsana, Himmat Nagar and Gandhinagar

If you are looking for the right residential property at Shilaj, Renown is the right choice.

“A lot of thought has gone into choosing the location of Renown. It is strategically located close to reputed schools, hospitals, commercial establishments and convenience stores. Moreover, the plethora of residential facilities and amenities clinch the deal – hands down! The matchless amenities provided by Renown provide complete value for your money.”

The clincher- Renown ticks every box in your ideal property checklist, and looking at all the real estate markets, it seems that the value of properties in Shilaj will only go through the roof in a few years down the line.