Commercial Purpose - For Your Best Choice

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.

Investing in Commercial Land is a Good Idea

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 valuable reasons are many (Ex.) The proximity of NCR to the National Capital by all modes of transport and the availability of modern options for commercial office spaces

The favourable Government policies boost the entrepreneurial spirit among the youth to start businesses of both small and large sizes.
So the demand for office spaces is on the rise which ultimately improves the growth of commercial properties.

Chennai is home to advanced technologies, skilled professionals, and affordable real estate, which contribute towards its emergence as the fastest growing IT Industry in India.
This is the main reason Chennai is the favourite choice for commercial property investment.
Furthur with the rise of e-commerce, there is an increase in demand for warehouses across the country.
Thus, the growth of commercial purposes happens naturally.

The commercial property real estate now uses construction focused drones, hardware, 3D printing, smart wearable, pulsed radar object detection, immersive technology and Radio-frequency identification (RFID) to deliver a pleasant customer experience.
These innovative tools and applications are changing how construction companies design and execute projects.

1. Stable and secured investment