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Top factors to consider while investing in a commercial property

By Bipin Gaikwad,

The goal of investments is to provide solid returns that, based on market trends, can be converted into new investments. One of the most desirable investment industries is commercial real estate.

Investors who want to engage in commercial real estate need to have a solid understanding of the market and conduct a thorough research of the various factors. These factors include things like location, building quality, tenant profile, market demand and supply behaviour, and validation.

A significant choice to make is investing in Premium commercial property in Raipur. It necessitates careful investigation and planning. This blog clarifies the key elements you should take into account before choosing a commercial property.

1. Trends in the Commercial Real Estate Market

Before making an investment, it is essential to have a thorough grasp of the market. This entails analysing the most recent economic developments in relation to the recent and anticipated increases in Federal rates, trending industry sectors, unemployment rates, etc.

The average tenant rent, price per square foot, cap rates, and recent sale prices compared to other rates in the area are all things that seasoned investors are aware of.

Understanding the supply and demand trends for distinct properties is another aspect of understanding market trends. Before making an investment in a Premium commercial property in Raipur, it would be wonderful to know what the market demand looks like now and in the future. Additionally, it’s important to research the neighbourhood market. The market may be slightly off-track due to the rising demand for Amazon and other comparable e-commerce sites. You can calculate your investments and achieve large returns by focusing on these market and economic trends.

2. Take Area Demographics and Trends into Account

The area’s demographics and prevailing patterns must be thoroughly understood by the investor if they want to invest in Premium commercial property in Raipur. You could better understand the concept by responding to questions like, “Do they factor into the investing rationale or strategy to develop?”

And if you find that you have a positive response to these inquiries, you might want to look at regional broker websites. Local brokers are familiar with the area and the local governing bodies’ strategies. To secure that investment, you must acquire the necessary expertise of understanding the demographics of the area..

3. Property Appearance

Yes, it is true that you cannot forecast the needs of potential tenants. However, it is common for tenants to anticipate a beautiful and high-quality property. Make sure the exterior of the property you decide to invest in has new paint and that the lighting is functionally enough.

Additionally, if there is sufficient acreage surrounding your property, you might think about employing a landscaping business to improve the area’s beauty. The key is to make sure you present your business in the best possible light and make it appealing to potential tenants.

4. Investment Objectives and Horizon

The real estate industry’s high-value investments and low liquidity ratio preclude the perfect clarity of purpose. This has unanticipated consequences, such as financial hardship. Because of this, before making an investment in Premium commercial property in Raipur, you should think about the investment goal and time horizon.

Determine the goal and make plans accordingly.

  • Buy and Sell (Long-Term): It concentrates on the significant increase in intrinsic value over the long-term. You gain options for long-term objectives, like retirement.
  • Short-term Buy and Sell: It tries to make small to medium profits from properties that are either being built or sold for a profit.
  • Buy and Lease: With this choice, you may anticipate consistent income and long-term value growth.
  • Purchase and Self-Use: Rent savings, self-use advantages, and value growth are all yours when you purchase and self-use.

Conclusion

Making your first investment in the Premium commercial property in Raipur might be challenging if you don’t have the right advice. Commercial real estate investment is worthy of the market excitement as well as your time, effort, and money.

However, if you lack relevant experience and market understanding, it would be wise to get legal advice to help you negotiate the industry’s complexity. As you enter the market, make the calculations, examine the leases in terms of earnings, and talk with a lawyer who has knowledge of commercial property law.

7 things you need to consider when investing in commercial plots in Raipur

By Bipin Gaikwad,

Purchasing a commercial property for sale in Raipur is a cost-effective move, especially if you plan to operate your own company from it. But it is extremely important to take into account a few important factors before choosing to make any purchases. None should be disregarded because you believe it is not important or won’t ever have an impact on your business. 

They all need to be carefully examined. Wouldn’t it be great to know what to look for before purchasing commercial properties? So, in order to make your buying process easier, here are the top seven things you should think about before buying commercial property for sale in Raipur:

1. Examine the neighbourhood 

Location is crucial because a Premium commercial space in Raipur can generate returns through both rent and capital growth, and there may be some areas that are more affected by the economic downturn than others. Both of which are very location-dependent.

Functional connectivity via land, rail, or water transport is additionally required for the business to operate successfully.

2. Conduct thorough research

The most important aspect of it all must be the research into the Premium commercial space in Raipur. Consider long-term forecasts for the area where you are viewing properties to see if there are any factors that could help or hurt property values in the future.

It is not time wasted to spend a good deal of it finding the ideal location for your new company. The most crucial component of finding a property is research.

3. Keep accessibility in mind

While choosing a commercial property in Raipur, user-friendly services like parking, elevators, security, etc. must be carefully considered. Parking spaces are things that are simple to overlook. Employees have options for getting to work if the property is close to any type of public transportation, like a train station or a bus stop.

However, if your business is located in a rural area, a parking lot is a valuable asset for both your staff and your customers. 

4. Be realistic

We must realise that it is not entirely appropriate to expect too much too soon, particularly when it comes to a commercial property in Raipur. We must approach it from a business perspective in order to avoid falling for the trap.

Being constantly informed of    your financing options is the best approach for buying a commercial property. For which you’ll patiently and thoroughly research the market. By doing this, you’ll not only be aware of the opportunities, but you’ll also be prepared to seize them and profit from them. Take a long-term business perspective on it.

5. Keep an eye out for additional fees

One of the unstated costs that almost all properties have is the maintenance and operation of the building. These potential expenses must be calculated, discussed beforehand, and addressed in the actual “contract.” 

6. Sort tenants

A good tenant is essential and helpful to raising a commercial property’s value. Include and seek out multinational corporations, and stay away from unproven, small businesses. A good, responsible tenant will be with you for a long period of time, pay rent on time, and make larger deposits. It is crucial to have a trustworthy tenant.

7. Don’t miss the minute structural information

Always estimate any potential future maintenance needs for the Premium commercial space in raipur. Always check to make sure the property has no undiscovered flaws. Examine the building’s condition, the fibre connections, and the cell phone coverage. the facilities, like air conditioning. Confirm that the property is free of any undiscovered flaws.

Conclusion

It’s critical to search for flexible spaces when viewing Premium commercial space in raipur. Your company will inevitably continue to grow and change while you own the property, which is a fact. Finding a location that can be altered over time to suit your business is crucial.

You can benefit greatly from them if you invest the time and effort necessary to comprehend commercial property investments. The location, research, and finances, however, should always come first. If in doubt, it’s still a good idea to consult an expert.

Tips for Choosing the Perfect Office Space for Rent in Raipur

By Bipin Gaikwad,

Given the current state of affairs, it’s time to reconsider your current office setting. Are all of your expectations met? Or do you feel the need for office space for rent in Raipur that meets all of your requirements and follows current market trends and has an even better rent?

Whether it’s a well-known company or a brand-new unicorn, we always imagine them by their workspace, which reflects their work culture. Your company’s office space defines your company profile in the same way that your mission, vision, and core values do. Successful businesses are known to place a high value on their workspaces as a means of boosting worker productivity. The environment in which you work says a lot about your business ethics and the brand image you want to project. The design and decor of our homes reflect our lifestyle, and the office where we spend the majority of the day formulating winning business strategies does the same.

When looking for office space for rent in Raipur, you must find a location that can accommodate your company’s needs while also being both aesthetically pleasing and financially feasible. Not to worry, though; we’ve listed down some tips that will assist you in choosing the best rental office space. 

1. Location

One thing that companies look for is an excellent office location. You need to look for a premier business area with good transportation, a prestigious social infrastructure, a lush environment, and a rich cultural heritage that draws visitors from all over. The office address needs to convey a sense of reliability when it is printed on business cards and brochures.

Having a place of business in a busy area will guarantee that there is constantly work going on around you. This increases your company’s visibility, fosters a sense of community and rapport among your customers, and foster’s market trust.

2. Accessibility

There is intense competition for office space for rent in Raipur in high-demand areas and the surrounding area. Companies are finding it simpler to establish a presence in these popular business districts thanks to recent developments in these regions. Grade Businesses now have numerous options for renting offices in Raipur because of the booming commercial real estate market.

3. Parking Spaces

Pay close attention to the parking provisions in your office lease when looking for office space for rent in Raipur because it is crucial for your visitors and employees to feel secure about their vehicles and drivers while visiting your office. You must carefully read the clause’s provisions relating to fees and how they are calculated.

4. Work-Life balance

The workplace’s interior design has a bigger impact on your work-life balance and productivity than just the area around your desk from 9 to 5. Everything that makes up the modern office space for rent in Raipur you’re looking for—natural light-focused infrastructure, enough green space, cutting-edge disinfection equipment for safe surroundings, or a physical environment that maximises cognitive and emotional health—works together to make it.

5. The essential features

Your office staff won’t be able to stay focused or entertained with just a coffee maker in the corner. To create a more open and collaborative working environment, look for coffee shops, outdoor spaces with wifi, fitness centres, or roof-top cafes when choosing an ideal office space for rent in Raipur.

6. Your office’s layout and design

Ambient lighting, ventilation, air quality, acoustics, and the aesthetics of the interiors all contribute significantly to increasing employee output, morale, and satisfaction, which in turn benefits your customers. Therefore, ensure that the office space you rent reflects favourably on your company and the staff who work there.

7. Plan for future expansion

The size of your office reflects the rate of business expansion. If you anticipate expanding your professional family through additional hires, take that into account when making investments in office space for rent in Raipur; otherwise, you run the risk of running out of room after bringing on new hires. Additionally, moving offices is always expensive.

Conclusion

Finding the ideal office space for rent in Raipur is crucial to the success of your company. It is a stepping stone for new opportunities to come your way and for your business to grow in the best way possible. In addition to ensuring a seamless daily operation, a great office setting boosts employee morale. 

Finding a balance between affordability and customised workplaces is not always simple, especially if your knowledge is limited. Entrepreneurs should carefully consider these suggestions before signing on the dotted line given that building owners prefer lease terms of three to five years.

7 Things You Should Check Before Renting a Commercial Property in Raipur

7 Things You Should Check Before Renting a Commercial Property in Raipur

By neeraj patel,

Raipur has become the most popular residential and commercial real estate destination in Chhattisgarh, attracting people from all over the country. 

The impending modern office space in Raipur, like those in Orissa, Maharashtra, and other betflixceo throughout the country, is scattered over numerous places and is a testament to the city’s expanding commercial property for rent.

1. BUDGET

Any action that necessitates financial investment necessitates budget planning before implementation. The commercial property for rent deal is similar. The investor needs to set up a budget for the property cost in addition to any other business activities. This will also make it easier to choose a commercial property among the many possibilities accessible. However, if the total amount of investment is not available, a small แทงบอลออนไลน์ down payment and a mortgage for the remainder may be made.

2. RESEARCH MARKET

To make money, you must first thoroughly research market trends. You should consider the breadth of potential development in the area before investing in a property. Commercial property in a developing area is more advantageous than purchasing one in a developed area since it offers higher returns on investment.

3. Observe your To-Do List

When looking for office space, it’s easy to get misled by lavish properties and services. Some concessions are unavoidable but stay as close to your initial expectation and budget category as possible. Make a to-do list based on your priorities and requirements. If you find yourself in a situation where you are overspending, go over your list and see if your commercial property investment budget allows for these modifications.

4. CONSULT AN EXPERT 

When you have no experience in this industry, purchasing real commercial estate can be tough. Take counsel from professionals such as accountants, lawyers, and property consultants who can guide you through the complicated financial and legal procedures as well as advise you about commercial property investment in the region. Having the proper team of professionals on your side will improve your chances of obtaining financing and identifying any difficulties early on.

5. ACKNOWLEDGE RISK FACTOR

One should consider all potential dangers before selling any commercial property. Examine market trends, the building’s location, and its history to determine the level of risk involved in commercial plots.

6.  INFRASTRUCTURE AND NEIGHBOURHOOD

Infrastructure development in the neighborhood has a positive and negative impact on commercial property for sale in Raipur. For example, the Development of railway lines and other developments may have an impact on the value of your property. Also, investigation of the availability of basic services such as electricity, water, and drainage is important.

7. FLEXIBILITY AND PHYSICAL CONDITION OF OFFICE SPACE

When looking at a commercial property for rent, don’t simply think about your short-term needs; search for something that can grow with you. Given that you will almost certainly want to develop your business in the coming years, choose a property that can be quickly adjusted to meet your needs.

 

4 Ways to Find the Best Shop for Rent Near Me - Raipur

4 Ways to Find the Best Shop for Rent Near Me – Raipur

By neeraj patel,

Renting commercial spaces is not an easy task for business owners. Often get lost while searching for commercial properties in google? 

Shriram Business Park offers a simple step by step guide for you to get your own commercial properties or plots.  

Unlike residential properties, commercial real estate does not have a single stop for “shops to rent near me” 

So to make this process easier and to find the best commercial shops for rent in Raipur, as renting a retail location will be one of your largest business operational costs, it is wise to plan to get the best shop for rent. When looking for a shop to rent, keep the following criteria in mind: 

1. Decide a set budget– your budget will affect a lot of other factors including:   

a ) Convenience  –

You might anticipate paying extra for a lease if a shop for rent is in a convenient location with other small shops, parking, and so on.

b ) Location –

When looking for a shop for rent in Raipur, everyone will want a location with a high footfall. Therefore, renting space in busy shopping areas will boost the cost of the lease.

c) Lease term –

Taking out a long lease (more than a year) may allow you to negotiate a lower price. 

2. Narrow down your requisites- decide the required area along with the amenities to filter out your search for shops that you want to rent.

3. Know your surroundings –


a) Search the net- 

If you’re just starting out, you might not need the assistance of a broker to find commercial property. Perhaps you simply want to check what’s on the market and alternatively, get a sense of rent prices.

Using Magicbricks and 99acres to scrape the surface and become acquainted with the market is a solid starting point.

These internet sites may not offer all of the information you need to make a decision, but they will provide you with enough to get you comfortably educated.

b) Survey the area around your market –

Another technique to find commercial space for rent is to drive about the regions where you want to launch your business.

You may even want to walk about your area, depending on where your potential clients live.

Pay attention to buildings with boarded-up windows or that appear to have no automobiles parked in the lot during busy hours.

There will also be “for lease” signs in the windows, frequently with a phone number. Keep an eye out while browsing for options.

4. Identify the right people to help with your search –

 

You can look for a store place to rent on your own. However, due to the large stakes involved, you should prefer to hire a commercial real estate broker to help you with the “shop for rent near me” searches.

a) Commercial real estate broker- 

They specialize in leasing and selling commercial property, including office, retail, and industrial space.

Your commercial real estate broker, in addition to your commercial attorney, will be your professional adviser throughout the leasing process.

Because commercial real estate lacks a listing database, brokers are your best source for what is available and what may become available in your market for the best openings in Raipur.

Not only will your commercial real estate broker be able to assist you in finding space, but they will also be able to assist you in negotiating your lease so that you know you’re receiving the best bargain available.

Brokers can assist in negotiating rental prices, build out allowances, rent abatement periods, and a variety of other issues.

The best part about hiring a commercial real estate broker to represent your business?

It won’t cost you a dime. Just like residential real estate, the property owner pays your  broker’s fee.

b) Connect with other Business owners – 

In your shortlisted areas, talk to the pre- existing business owners. Business owners that are already in the neighborhood or location where you want to rent commercial space might be a fantastic resource.

They’ll generally be aware of what’s available or will be available shortly in the vicinity.

Small company owners and entrepreneurs are like a family, especially in certain neighborhoods. “I’ll still swing by and ask what’s going on in the area” – they’ll often hear rumblings about space becoming available early on.

They also have previous experience as a tenant with several landlords in the neighborhood and can quickly give you a thumbs up or thumbs down on that relationship.

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.

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