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Commercial Properties in India – Boom Time


Category: Real Estate  >>  Commercial Property

By George Gonigal   [ 09/07/2008 ]
 | [ viewed 141 times ] Article word count: 327  

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Commercial properties in India are witnessing huge market. Indian real estate market is developing extensively and the credit goes to the upcoming commercial projects in the country. Commercial and retail sector is evolving frequently opening new corridors of development. This is because of the fact that the Indian consumer market is expanding and lot of foreign investors are migrating to the Indian market. Commercial projects are mushrooming all across the country and are fetching large number of investments from national and International realty players.

Commercial real estate developers are coming up with mass developments of commercial properties for sale, for rent and for lease. Real estate values in commercial sector are experiencing high annual appreciation of approximately 8-11 per cent.

Among the commercial properties in India the most popular and demanding categories are the shopping malls, multiplexes , IT spaces and branded retail outlets. These are coming at all the locations in the country buzzing the commercial real estate.

All the major developers such as Parsvnath, DLF, Omaxe, Eldeco, MGF etc are constructing commercial projects and are making huge profit of it. For an individual also buying commercial properties is always profitable venture and the annual returns are also high. Apart from selling the properties leasing or rent out the properties to some MNC and become a franchise is also a good option. It fetches you a handsome monthly rental and works as an additional source of income.

Commercial real estate development is rapidly taking place at the up growing cities such Gurgaon, Bhiwadi, Manesar, Faridabad, Noida, Chennai, Mysore, Pune, and Kolkatta and in the developing tier- 2 cities. Most of the IT and ITES companies are setting their campuses to these upcoming cities because of availability of space and less property values.

Retail sector is spreading at all big and small cities and very soon malls are going to be seen at every location in India. Commercial sector is the main reason quivering the Indian real estate market.

About the author:
George Gonigal provides you the best and latest information on Real Estate Developer in India, If you want to Buy Apartments in Gurgaon, he suggests you log on to magicbricks.com

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Article tags: india properties, india real estate, Commercial properties in india, residential properties in india, rent properties in india
 

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