Commercial space is projected to be in high demand throughout the city in the future years. According to an industry assessment, leasing, purchasing, and selling of commercial real estate has not only restarted, but has risen above pre-Covid levels. As a result, it is not surprising that commercial properties in Gurgaon will continue to increase, and demand for pre-rented CRE will remain an appealing alternative for investors in 2023.… Read more
Bangalore’s most well-known commercial areas!
Bangalore, often referred to as the Silicon Valley of India, is renowned for its thriving IT industry and entrepreneurial ecosystem. The city is a hub of innovation and technology, attracting businesses from various sectors. As a result, several commercial hubs have emerged in Bangalore, catering to the needs of these companies. Let’s explore some of the most popular commercial hubs in the city.… Read more
Renting a Commercial Property for ATM Installation in India: A Comprehensive Guide!
As India’s economy continues to grow, the demand for easily accessible banking services has increased. One way to meet this demand is by installing ATMs in strategic locations. If you are considering renting a commercial property for ATM installation in India, this blog will guide you through the process. From understanding the requirements to finding the right property and negotiating a lease agreement, here’s everything you need to know.… Read more
Navigating the Indian Commercial Real Estate Market: Types of Leases Unveiled!
A commercial lease in India is a legally binding agreement between a landlord and a tenant for the rental of a commercial property. It outlines the terms and conditions under which the tenant can occupy and use the premises for business purposes. Commercial leases in India are governed by the Indian Contract Act, 1872, and specific state-level laws.… Read more
Recognizing guaranteed return programmes in commercial ventures!
Assured return programmes’ appear to be an appealing proposition for home purchasers based on their name. When combined with well-known developers, these programmes become popular investment options. Investors are frequently exposed to a variety of guaranteed return schemes offered by real estate developers, which are relevant to commercial assets such as offices or retail stores in business/IT parks, malls, and retail centers. These plans guarantee returns on investments up to a particular percentage, guaranteeing a consistent monthly income. However, because these programmes are mostly accessible in under-construction buildings, investors should look for builders with clean histories and conduct comprehensive studies to have a complete knowledge of the offer at hand.… Read more
Aspects that will fuel India’s commercial real estate market growth!
For the past several years, India’s commercial real estate market has been expanding significantly, and some factors have contributed to this rise. In the upcoming years, the following significant reasons are anticipated to propel the expansion of commercial real estate in India:… Read more
What Exactly Is The Central Business District (CBD)?
A city’s Central Business District (CBD) is its commercial or business hub. It has a high level of economic activity and enough utilities and amenities. Continue reading to learn more.… Read more
In India’s top 6 cities, office vacancy rates substantially decline, signaling a strong rebound for commercial real estate.
Based on the report, the Colliers research states that total leasable space has climbed to 50.3 million square feet this year, and occupancy has maintained strong during the subsequent quarters of 2022. However, due to renters’ cautious behavior during the global crisis, market activity was poor in the fourth quarter of 2022. Because of this, gross absorption in Q4 2022 was around 21% lower than it was in Q4 2022, which was lower than the average seen in Q1 and Q3 2022. ” After a two-year pause, it is reassuring to see the office space market recovering this year and declining vacancy rates. It’s interesting to note that BFSI’s business has expanded quickly this year as a result of Indian … Read more
India switches to flexible real estate from coworking spaces
Co-running operators are opening new centers to meet the rising demand for flexible workspace, and according to Anarock, their share of the average office space rental increased to 20% from January to June. Real estate agent Anarock joined this phase in April by acquiring a 75% share in myHQ, a booking website for co-running spaces, through a stock and coin transaction valued at around Rs. 125 crores. MyHQ, a Delhi-NCR-based company, has more than 50,000 subscribers.… Read more
Here’s how to save tax on a commercial property
There is no way to avoid capital gains tax on the sale of property in the case of a short-term capital gain. The entire capital benefit amount may be included in your income, and you will be taxed according to the income tax bracket you may be in. The provisions of Sections 54, 54EC, and 54F of the income tax only apply to the long-term capital gains tax on the sale of the property.… Read more