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Month: May 2022

Amazing Commercial Shop For Sale In Raipur’s Industrial Hub

By neeraj patel,

When looking for a shop for sale in Raipur, there are certain criteria that you may have in mind, without which your interest in the place would slump. If you need value for money with commercial real estate investment India look no further than Shriram Business Park.

 

Shriram Business Park is an independent, intelligent and integrated project that exhibits a rare mix of high-end living and world-class business amenities that is capable of catering to the elite market of Central India.

 

While builders in Raipur are plenty, none have so far been able to execute a business cum residential township. Shriram Business Park exemplifies the goals of a modern commercial park while promoting the rich legacy of Chhattisgarh.

REAL ESTATE

The term ‘first impressions are last impressions’ could not be more true when thinking about commercial spaces. The entrance to an establishment makes or breaks the first impression of your business and greatly effects or affects your chances of making a sale. Entrances of grandeur welcome you to Shriram Business Park while leaving a promising impression upon the mind of the potential customer. 

 

The 30 meter wide road dissects the park while leading the customer to entrances and open courts, leaving a lasting impression of order within flamboyantly painted courtyards and lavish landscaping.

 

As an investor looking at property investment, you would want to look at a commercial shop for sale that is built with a shopping enthusiast in mind. A space that is capable of leaving a lasting impression with the elevation of the external facade alone. Shriram Business Park houses a variety of retail shops that boast multiple levels with wide open spaces for the customers to wander around without casting a feeling of claustrophobia. 

PARKING

The Central Plaza at Shriram Business Park is a space that is capable of pulling crowds with its beautifully designed open spaces and plans to house container restaurants and handicraft stores. The amphitheater and event spaces lend this area a dynamic crowd pulling charm.

 

Navigating through Raipur is usually done with privately owned transport. Owing to this fact, having a commercial plot that can house your customers’ vehicles while they patronize your establishment is a point of high priority. Shriram Business Park facilitates parking of three types to suit the convenience of your customers. On road parking in front of the commercial shops helps customers with a quick option to quickly pick up what is the need of the hour and dash. Shriram Business Park houses a standalone parking building that allows customers to park vehicles securely with mechanically enabled vehicle elevators in a standalone structure that protects their vehicle from the elements. Along with on-road and standalone parkings, various parking spaces have been created within Shriram Business Park to distribute the density of parked vehicles.

Why Invest In Property In Raipur?

By neeraj patel,

The name Chhattisgarh was derived from the literal translation of “thirty-six forts,” which was formerly applied to the territory of the Haihaya dynasty of Ratanpur. Being the capital city of Chhattisgarh, one would be led to believe that property in Raipur must be unaffordable but the reality is a stark contrast to this statement. 

 

If one were to search for property for sale in Raipur, the results would throw up several real estate company portals listing the same at prices that are affordable to the masses. Even if one were to look for commercial property investment, the search engine result pages would be filled with lucrative opportunities for even a start-up to invest in. Though a commercial space would attract commercial tax, the return on investment alone makes for a smart investment.

REAL ESTATE

From the Dudhadhari Math temple to the Vivekananda Sarovar Lake, the  226 km² city is most famous for its highly significant and prominent steel market and industrial center. Being voted one of the 10 cleanest cities in India, Raipur was named the rice bowl of India owing to the extensive cultivation of the crop. Little quirks like these make Raipur a quaint little city that close to twelve lakh people call home.

 

Real estate company portals list a wide range of property for sale in Raipur that attract a lot of commercial property investment owing to the attractive price of the units. Since Raipur has a major steel market that caters to the industrial centers, the cost of construction of commercial as well as residential structures takes a dive. This combination of steel and industries helps boost the local economy while reducing the cost of raw materials used in the construction of property in Raipur. 

 

The state of Chhattisgarh was ranked on the sixth position in the ‘Ease of doing Business’ rankings in 2020. Being an industrially inclined city, the real estate sector mainly caters to the working of these industries. Raipur has grown as the most favored destination for residential as well as commercial real estate. 

BUSINESS PARK

The state government’s aggressive policies are attracting lucrative business investments that are creating a conducive ecosystem for innovative thinking and entrepreneurship with startup policies and programs. Modern office space being constructed in Raipur, around Orissa and Maharashtra are proof of the growing popularity of commercial spaces in the city. The heavy impetus given to industrialization has led to better planning to put it in the contenders spot for the best emerging smart city.

 

Raipur boasts of being the largest steel market of India and also has a thriving cement and agro-industry. Many reputed developers are redefining the commercial real estate infrastructure of Raipur and are bearing witness to this rapid development that is working at attracting them from all over the country. Sarda Group’s Shriram Business Park is set to be a beacon of hope to take Raipurs commercial spaces to the next level.

Discovering The Right Office Space For Sale

Discovering The Right Office Space For Sale

By neeraj patel,

When making the call for investing in commercial real estate, the options are many and wide. From commercial land to commercial buildings or even office spaces, how to choose the perfect fit for you? And when an office space for sale comes what is the process to move ahead?

Commercial property investment is a lucrative market when it comes to the return of investment from rentals and long term property appreciation if the location is right. Due to the constant demand, the real estate builders offer various types of options depending on one’s budget. 

real estate

  • Offices: This can cover anywhere from a small office space to a commercial building for office. Depending on the space and location, the budget can vary. The structure is handled by the builder in this case.
  • Retail: These include retail stores, shops or shopping centers. If one is buying a full center, then the transaction may vary while if its a store or shop, always go with a good reputed builder.
  • Commercial Land: If one has a bigger budget or is open to taking a call on land on the outskirts basis on a long term development opportunity than commercial land for making buildings to lease to hospital, hotel, warehouse etc. is a great option. When you invest in land, any construction will have to be handled by you or in a joint venture with a builder.

When buying a commercial property other than the location, amenities, facilities the property offers one should do a thorough check on certain things. The biggest task is verifying the documents for authenticity. Hire an expert to check up all the paperwork related to the property. There is a list of documents to check.

  • Sale Deed
  • Mother Deed
  • Building Approval Plan
  • Khata Papers
  • Encumbrance Certificate
  • Betterment Charges Receipt 
  • Power of Attorney
  • Latest Tax Paid Receipt 

These documents are needed when you go to register the property and if any documents are missing or not up to date there could be a lot of hassle involved.

business park

Another thing to check before is the delivery time. Always check on the progress of the construction so far and gauge the expected timeline. This is also one of the reasons why one should go with reputed builders as you can check on the earlier projects done by them. Last but not the least, the quality of the construction is a major point to check. The building one is looking to invest in should be made with good quality material and use the right type of fittings and fixture. The lifespan of the building relies on this. 

So when looking for commercial office space for sale, don’t forget to check out Shriram Business Park as you don’t have to worry about any of these.

The Perfect Time To Buy Real Estate Property In Raipur

The Perfect Time To Buy Real Estate Property In Raipur

By neeraj patel,

With the modernization and industrialization, Raipur has come up as one of the cities which has seen a boom. Being a major hub for various industries has given way for new people moving to the city for work, thus the city is expanding. The real estate property in Raipur has seen a growing demand due to this, may it be residential or commercial. Looking at this, real estate builders in Raipur are starting projects to make the most from this surge. 

As an investor this would be the perfect time to find the property that may match your requirement. As there are quite a few Raipur real estate projects available to choose from, the below factors can help you to choose the one for you.

  • Budget: The first and foremost thing when looking to invest in real estate is your budget. It’s always good to look at projects which are in your budget as there will also be registration and certain setup costs you need to incur. In the long term, the rent income will cover the costs like property tax and upkeep. The budget also narrows down the kind of space you can buy a shop, building or warehouse.
  • Location: In the real estate market location is the key. The accessibility and approach of the house, shop or building is a big factor to get a good tenant and better return on investment. 
  • Return on Investment: When one is looking for a better return of investment for both short term by rental and long term by increase in property value, commercial property wins over residential investment.
  • Builder’s Reputation: Always buy from a reputed builder as meeting the delivery timelines, government approval and the chances of getting a tenant right away are more. Newer and not so known builders may try to entice you with offers but the amount of due diligence required would be much more and not worth the effort most of the time. In Raipur real estate developers are many, so doing your research is important.
  • Experts Opinion: Always speak to a real estate lawyer and CA before finalizing the deal. Let them check all property papers and verify the claims.
  • Facilities: When looking for commercial property, another thing to consider would be the facilities in and around. If you are buying a shop or office space it is suggested to look at tech parks with all modern amenities like rainwater harvesting, solar power, backup generators, ample parking etc. to make it attractive for the tenants and these places are known to get better returns. 

Shriram Business Park meets all these factors and more. So just book a visit to take advantage of the opportunity that will make your investment grow leaps and bounds.