Why Gurgaon is Best For Buying Commercial Property
Author : Rahul | Posted On : 20 Aug 2023 | Last Updated On : 24 Nov 2023
What Are The Reasons To Invest in Commercial Property in Gurgaon?
Nowadays, location is the most crucial factor to take into account when purchasing a home. Rental yield, rental income, rental appreciation, and ROI are all impacted by location. As a result, making investments in commercial real estate in hotspots for investments can result in amazing returns. Gurgaon is one of the best places in Delhi NCR to invest because it offers lucrative returns on even small investments.
5 Reasons to make a commercial real estate investment in Gurgaon?
The growth of MNCs and startups is causing Delhi NCR to quickly overtake Mumbai as the nation's top real estate market. The leasing activity in the region's commercial real estate market has increased as a result of this encouraging trend. The Delhi NCR retail sector experienced a sizable recovery in the first quarter of 2022. The recovery was sparked by new leases, store openings, and a return of pre-covid foot traffic at upscale malls.
Nowadays, a large number of important industry players pick Gurgaon as their home base. In the following three years, it is anticipated that data centers will occupy 10 million square feet of space in the area. The growth of data centers will be very advantageous for real estate investors. This year, Gurgaon also began a number of infrastructure projects including commercial and residential ones. For a variety of reasons, Gurgaon has grown in importance and people are wanted to invest there.
One of India's top cities for living and working is Gurgaon and people love to work in the digital hub. The city attracts investors from both abroad and India. Numerous commercial properties are available in the city, including renowned office towers, modest convenience stores, and industrial parks.
Gurgaon, which was formerly a center for call centers, is now referred to as a millennium city and is home to many multinational corporations. Due to the vast number of business investment opportunities, Gurugram is the ideal location for investors.
Benefits of investing in commercial real estate in Gurgaon
• High yieldsGurgaon's commercial real estate generates high returns. This is due to the properties' proximity to and inclusion in investment hotspots. Additionally, Gurgaon offers a wide range of commercial properties. A high-end mall or even a small warehouse/retail store can be bought! No matter what you buy, the returns will almost always be higher than average.
• High quality of lifeGurgaon residents frequently purchase necessities like groceries at malls and supermarkets. It is a result of the convenience and comfort these areas offer for them. High foot traffic is also assured by the shopping centers and retail establishments close to residential areas.
• Excellent locationDelhi provides prestigious locations with first-rate connectivity for commercial spaces. Shopping malls, shopping centers, and other commercial hubs are located near metro stations. One could use this to find renters, customers, or clients for their commercial property. Due to the convenience of daily commuting, owning your own business also makes it simpler for you to locate new talent throughout the city.
• Business expansionGurgaon is a sought-after neighborhood in Delhi that provides easily accessible commercial properties at affordable rates. It has a large audience as a result and offers numerous lucrative opportunities. Real estate in Gurgaon is a smart choice for expanding your business as a result because it gives you access to crucial resources like clients, talent, and transportation. In recent years, numerous domestic and foreign businesses have opened. There is a distinct distinction between commercial and financial centers. A promising future is now in front of you. It is now necessary to seize these opportunities.
• Noida and Delhi are connectedTo fully comprehend Gurgaon's significance as a commercial hub, take into account its close proximity to Delhi. A 35-kilometer expressway connects to the main city. IGI Airport is also located in Gurgaon. Continue until you come to the city's southwest side.
All done! This means that if you are interested in purchasing a commercial property in Gurgaon, TrueAsset Consultancy has a lot of options for you! View our selection of commercial properties in Gurgaon by visiting our property page!