That is not residential land but its used for carrying out business operations so it is considered a commercial purpose in real estate
The estimated returns from residential real estate properties are around 3% – 4%, whereas, from commercial properties, it is around 8% – 10%.
Always there is a solid intrinsic value.
In commercial real estate properties, both the land and the structure has value and it is a hard asset.
One of the most popular investments among the modern population is Commercial real estate investment rents.
Commercial real estate investments have a high potential to provide high profitability.
The office space and business space demand are always used to increase according to the rapid growth of more and more businesses in the market.
Investment in commercial real estate property is the safest and more secure type of real estate investment.
According to the data released by the India Brand Equity Foundation, the Grade – Office space will cross 700 MSF by 2022. This proves that commercial property investment will be fruitful in the coming years.
The Budget 2021 has also relaxed the debt financing norms for real estate investments trusts
It will pave the way for institutional funding in commercial real estate listing assets and help investors to earn higher returns
In the Growing Population and Opportunities, there is also a surge in the number of offices and commercial properties for sale in Chennai.
The commercial purpose (Land) will give you an admirable ROI.
Despite the pandemic Situation, also the investors looking for safe growth in Commercial property
The points contributing to the exponential growth of commercial purpose in land properties are as below
Chennai has emerged as a business hotspot welcoming many MNCs, Indian companies as well as Startups to set up their offices in Business parks.
Also, the commercial real estate properties segment has performed much better than residential realty in terms of ROI over the last few years.
The valua
