Commercial Property Boom In India

Buy sell Property & Real Estate Investment Guide

Buying Property Tips#1: Choose the Right Location
Before you choose a location, it is of utmost importance that you consider the development prospect of the area. Other factors to consider here is crime record of the area, availability and nearness of public facilities and utilities.
Buying Property Tips#2: Study the Local Market Dynamics
It is important to get well familiar with the local realty market. Learn the variation in property prices by street. Don’t shy away from asking a few realty investment agents questions to get better insight on the matter.

A sharp increase in the prices of both residential and commercial properties in India has brought smiles in the faces of plot owners as well as builders. A dramatic increase of 30 per cent in the real estate sector was seen over the years. A favorable government policy and the raising middle class have greatly raised the demand for real-estate property in the country. Real estate sectors like the residential, commercial, retail etc. recorded a sharp increase.

Global class houses, shopping marts, hospitals are mushrooming in cites of India. FDI in multi-brand retail sector has greatly boosted this growth. Real estate ads in India are now featuring affordable world class housings and plots for the potential buyers. Areas such as Gurgaon, Noida, Pune, Hyderabad etc. situated in close proximity to big cities are in great demand. Due to its huge market potentials global investors are not hesitating to invest in the country.

Buying Property Tips#3: Choose the Right Property
Getting the right property right away is quite unlikely. First, you need to be clear on why you want to buy an investment property. After that, you will be able to make right decision based on factors like remoteness or accessibility of the property.
Buying Property Tips#4: Do the Math Properly
Get a precise idea on the value of assets you have available. If you are investing in rental property, make sure you can easily cover the mortgage payment through rents. Additionally, get a clear idea on the appraisal value of the property beforehand.
Buying Property Tips#5: Consider Additional Expenses
When purchasing an investment property, it is not only the selling price that investors need to consider. There are various additional expenses such as property tax, home owner’s insurance, repair & maintenance that must be considered.

Real state ads have become much more crucial in the wake of the growing demand. Much transformation has taken place in the ways of property dealings considering the fact that the interested party includes global customers apart from domestic customers. The internet has become a global mode for advertising real estate to potential buyers from all over the globe featuring the hottest and most sought after destinations. Traditionally most of the real estate ads in India were through classified newspaper ads or through real estate agents. However online classified is becoming fast popular because of its multidimensional benefits and convenience to match up with the changes in behavior of consumers and financial firms. Real estate ads in India are now targeting global players for investments. Online commercial properties for sale have become very popular among the domestic and global buyers alike.

Online classifieds offer a single platform to meet the needs of buyers and sellers of properties in India. Online classified now provides innovative e-commerce solutions to the interested parties. One could just search through the a variety of properties in the country in enormous database by the specification of property, the location and other attributes to quickly locate properties that meet ones need. Real-estate classifieds not only provides an array of option but also saves time and helps in making the best bargain.

Buying Property Tips#6: Inspect the Property
To ensure that you are getting everything you are paying for, a thorough inspection of the property is essential. Besides ensuring that you are not overpaying, a rigorous property inspection also gives you a good estimation on what the additional expenses might be.
Buying Property Tips#7: Pick the Right Financing Option
While interests on investment property loans are tax free, some borrowing costs aren’t immediately tax deductible. Knowing that, and structuring your financing in accordance is crucial. Don’t hesitate to ask for help from a financial advisor.
Buying Property Tips#8: Invest through Equity
One of the best ways to purchase an investment property is to leverage the equity of another property (including your primary home). This is a preferable way among regular investors, especially due to added tax deduction advantages.
Updated: March 29, 2018 — 1:51 pm
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