Friday, April 2, 2010

Commercial Space in Delhi


With increase in population in metro cities the rental value of commercial properties have also reached zenith. Given below are the values of rentals of some the major important areas in Delhi. Take the example of Dwarka which value has increased by 50% in recent years; others are Moti Nagar, Janak Puri and Vikas Puri which value has increased by 20% to 30%. The communication should be easily available there and most importantly the prices of the commercial property should be within your budget. We should always have an estimate of how we want to spend our money and how we will utilize that money otherwise we will end up in making some wrong calculations.

Finding a perfect commercial property is a difficult task. You will have to consider every possible aspect while searching for commercial property. A commercial property should be in a place where every type of facility will be available. The opening of metros has lead to the increase of commercial properties. The value of the commercial properties has increased day by day. The rental value of properties has touched the sky. A few years back buying a property in these areas was a distant dream and nobody though that it was a feasible choice to purchase a commercial property in these areas. It was very much difficult for landlords to find a tenant but now it’s hard to fin a vacant house for a tenant.

The choice of commercial properties depends on various factors. Some of the factors are lifestyle of individuals. The more lavish their lifestyle the more expensive commercial properties they will look out for. Middle income groups will look out for affordable homes. Other important factors are location of offices, water avaibility and even electricity availability. For those who are seeking commercial properties, it is important to choose the property in those areas where connectivity is good and everything is easily accessible. This is good time to invest your money in buying commercial properties others prices will hike in the time to come.