Mall at Shrirambusinesspark

Why Commercial Property Investment Opportunities Have Always Been Lucrative?

Since ages, investment in properties have been considered as the most lucrative opportunity in terms of safety of funds, wealth creation, soaring appreciation and substantial tax benefits within a certain period of time.

Commercial properties include a vast number of categories such as retail, office, mobile home parks, RV park, billboards, industrial and just the land. All of them have their unique characteristics.

There are multiple commercial property investment opportunities in our country, but the question is how do we get to know about it?

  • Commercial property must have attractive growth prospects
  • Commercial property that requires lower down payment for example RV parks, billboards and mobile home parks can be an option as per budget
  • Keep a check upon availability of bank debt for a particular commercial property

The first and foremost job of any one planning to invest in real estate is to select an area or the right niche which has a maximum number of tenants than one with less number of tenants. This will ensure safety of funds and increase growth prospects.

One such commercial real estate opportunity is Sriram Business Park, an oasis of luxury, heritage and prosperity in Raipur.

  • It has a magnificent entrance 
  • Multi level and spacious shopping complexes
  •  Lavish landscaping, amphitheater and event space
  • 3 kinds of parking spaces – on road parking, standalone parking building with terrace parking, and open parking spaces

All of these built with high quality products with absolute security and 24*7 customer support.

Commercial Property Investment Advice For Better Selection:

  • Commercial land investment has always been more rewarding than residential projects but also possess higher risks.
  • If a person is running a retail outlet, they are bound to maintain their store and storefront and if they don’t, it will have adverse effects on their business and ultimately the value of property is increased.
  • Income potential is higher in commercial properties that are located in commercial areas (markets).
  • Conduct an extensive market research before investing in commercial property, for example: you can invest in developing areas rather than fully developed areas as this will lead to increased profitability and provide higher investment returns. 
  • Always seek advice from experts like lawyers, property consultants, Chartered Accountants as these people will assist you in chasing viable properties in that area and provide accurate information on legal and financial aspects.
  • Understanding the lease structure is utmost important as it discloses the risk involved with the property value.
  • Make sure you deal with one of the reputed builders in your city who have a clean record of successful completion of projects.
  • Most important aspect is aesthetics, the infrastructure, amenities provided and basic utilities such as electricity, drainage, water supply, and broadband networks etc.
  • It should be located in hubs of the city with a perfect or related neighborhood as this might affect your property value and appreciation rate.
  • If you are planning to rent it out, you must assess your tenant as good tenants pay higher deposits, rent on time, keep the place upto the mark that helps in increasing its value and stay longer.

Sriram Business Park is one of the finest commercial real estate investment opportunities available for people with great taste and willing to invest in the most posh areas of the city.

Wing B - slider image

Crucial Points To Consider When Investing In Office Space

Before making any investment, one should do some research and it becomes more vital to do so, when it comes to investing in office buildings. Commercial property investment needs a thorough research and understanding. When purchasing commercial real estate there are certain pros and cons one needs to weigh in. We have listed down these points so you can be assured before making an office property investment.

  • Return on investment: The biggest factor when buying office space for investment is what the return will be. One of the biggest advantages of investing in office space is the rental yield which is much higher than that of residential investment. Commercial real estate is known to have a return of 6-8% in terms of rental versus 1-3% in the residential market. 

While on the con side the residential market is known to have a better return when it comes to resale value. To get a better return in long term sale, one should focus on buying in the early stages of construction.

  • Known builder – A big investment strategy is to purchase from a known builder, this reduces the stress regarding the quality of construction, timely delivery of projects and property sanctions. Also, the post construction maintenance is a major aspect to review.
  • Project location: Choosing the right location with good connectivity is a key to guaranteeing a good return on your investment. The area which is getting developed is likely to give better long term return than an already developed and busy area. One can look for a business park in an upcoming location with good amenities to attract the right tenant. The facilities add to the attraction along with well laid infrastructure.
  • Right stage entry- The risk factor varies depending on the stage of development one makes an investment in. If you invest in office space during the pre or soft launch of the project the risk is at its highest. Even though the per square feet rate is the lowest, there is a lot of risk attached as the government clearance and land acquisition is mostly in process during the pre launch stage. 

If investment is made when the construction is in early stage the possible delay on delivery can jeopardize the profit timeline. A safer time to get a good deal is when the construction is mid way and if one is more careful and conservative, then purchase should be done in fully constructed or completed projects. 

When buying an office space for investment another point to consider is to avoid any type of assured return schemes and also check on all paperwork before signing the deal.

Shriram Business Park is one property which fits all the criterias making it a great investment opportunity

Shopping center - Shriram business park

Handpick The Best Commercial Property In Raipur

When looking for reliable long term growth in a stable asset class, investment in commercial property is the first thing that comes to mind. Over the decades many investment options have cropped up, but purchasing a commercial shop or commercial plots is still the most popular and has proven to be most beneficial in the long term. Due to industrialization, changing demographics and expansion of technological companies, one has seen a big demand in the real estate market. Companies expanding and opening up offices in multiple cities have pushed the demand not just in metro cities like Mumbai, Delhi, Bangalore etc. but also in developing cities. One of the cities where this revolution has changed the real estate market dynamics is Raipur. 

Raipur, the capital of Chattisgarh, is an industrial hub with a great connectivity to major cities across India. An upcoming smart city with a strong base for steel, agro and cement industry makes it a great choice for other companies looking to expand. With the expansion of existing industries and new companies looking to explore this market, the city has seen a huge interest for both commercial and residential real estate.

For those looking to make the most of this surge and grow their investment, buying a commercial property in Raipur is the way to go. With many options of commercial property for sale in Raipur, making the choice could be difficult. So what should one do when trying to find the best commercial properties to invest in? Some factors which can aid in making that decision easier are listed below:

    • Location: You might have heard that location is the key factor when investing in real estate, and it is. The location plays a big factor for both, rental yield and long term asset appreciation. The connectivity and ease of approach plays a big factor in making the commercial property a good investment.
    • Builder Credibility: Purchasing from a reputed builder reduces the risk factor. The past project delivery, performance and brand value plays a huge factor while choosing the best commercial property to invest in. It is crucial to check the paperwork, government licenses, approval and check upon any violations before investing.
    • Expert Opinion: Consulting with the experts like lawyers, property consultants, chartered  accountants etc prior to finalizing the deal is needed. There are many documents which need validation or understanding the financial payouts and terms and conditions should be deep dived into.  

Shriram Business Park is a perfect mix of luxury and heritage that offers a range of commercial investments to match one’s criteria, may it be commercial plots for big warehouses, offices or commercial shops for retail stores. The Business Park is designed with sustainability in mind like the solar power backup, rain water harvesting, sewage treatment plant and much more, keeping our environment green and clean. All this along with our location makes us the best commercial property in Raipur.