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.
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