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A total of 35.6 million sq.ft. of office space is expected to become operational in 2016 and we expect another 30 million sq.ft. of fresh absorption of office spaces in the country. This is expected due to the robust pre-commitments in many under-construction projects in various cities and overall positivity among the office occupiers commercial property in india has global market. To know more information Findaksh.com is best property portal.
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Tips to Buy commercial property • Given the oversupply in commercial property india, prices are currently relatively low as compared to prices of residential real estate. Also, this segment holds scope for both capital appreciation and regular income through monthly rentals, in case of shops. • With more and more Indians realizing their entrepreneurial dreams, India is seeing a steady growth in start-up businesses. • Whether we are looking to buying our personal property or are interested in investing in some commercial property venture, there are bound to be numerous queries cropping in our mind. The one stop where we could find our answers on not just the best property deals but also the best agents and dealers to help us on all ventures in findaksh.com.
Boom in commercial property The rental yield for commercial property is usually 8-11 per cent. If the capital value appreciation is not taken into account for residential property and only the yield is compared to commercial property, it stands much lower at 2-4 per cent. With the rising demand for office space in India, investing in a commercial property is a good proposition. Yields in commercial real estate are not only better than in residential real estate but also offers higher capital appreciation owing to rising demand.
Best property portal • Findaksh.com has been the fastest growing property portal of India . • Findaksh.com received over 50 Crore page views, which is more than any other property portal
Reports Experts say commercial properties are now a better bargain compared to the residential ones. For one, there is excess supply in the commercial space. According to a report by Cushman & Wakefield, "The commercial office sector saw 20.4 million square feet (msf) Grade A supply across top eight cities in January-September, an increase of 9% over the corresponding period a year ago. Bengaluru recorded the highest Grade A stock at 94.5 msf, followed by Delhi-NCR at 79.3 msf and Mumbai at 66.0 msf." The cities are Bengaluru, Delhi-NCR, Mumbai, Chennai, Pune, Hyderabad, Kolkata and Ahmedabad.
Bank Information The second half of 2015 was full of positive surprises for India’s real estate sector. Important events like banks lowering interest rates, RBI offering incentives for infrastructure financing and creation of real estate investment trusts (Reits) were one-of-its-kind initiatives that real estate developers cheered during last year. And, the two most remarkable events was unveiling of ‘Make-in-India’ campaign and relaxation of FDI norms in construction sector has also brought in a lot of optimism into the sector, which is most of the times riddled with controversies.
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