Are you an investor ? Are you planning to buy a commercial property in Delhi NCR ? Do you want to have some knowledge before you make a final decision ? Then please go ahead, the following facts are for you:
- 30% of the total Commercial Properties in Delhi were sealed by Govt. Authorities due to various reasons. Make sure that the property you are planning to buy is well approved by the Govt. authorities and it has all the concerned legal papers.
- The commercial property value has gone up to 5 to 20 times in the last 5 years.
- The area falling near the Metro lines in Delhi NCR are best for buying a commercial property.
- NRI and foreign nationals are required to fulfill some important procedures before making the deal.
- The value of commercial property in Gurgaon and Noida has increased very much in the last few years.
- The local markets are facing a very very tough competition from thee newly built shopping malls.
- Many markets earlier known to be super hit are nearing slow down due to sudden rush of mall culture.
- There are a few places where the purchase of a commercial property has always been a wise decesion e.g. Cannaught Place, Nehru Place, Rajender place, all DDA markets, Dwarka sec-6 market, Karol bagh, lajpat Nagar, Sarojini Nagar etc.
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