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Tips for Maintaining Commercial Properties

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Commercial Properties   can be an excellent investment, but only when they have the potential for long-term improvement with time. If the property isn’t maintained, it can depreciate which causes the risks in commercial properties. If you have a commercial property in mind which you hope to sell in a few years to get a high ROI, you would need to maintain it well. Here are some tips to help you maintain your   commercial property in Mohali   without much trouble. #1. Maintain the Code The code of maintenance is the first thing that needs to be verified before assessing the cost of the property. The city you live in will mostly determine the code for maintaining a commercial building. If you have not kept up with the revisions in the code, it would be wise to request an inspector to check your building to verify everything. If any changes are needed, you must get them done soon as waiting till the selling date can cause some problems and make your property depreciate in va...

Buy Property near Chandigarh

Chandigarh has always been a major hub for settlement, and people from all across the country have been moving to the city for years now. However, these days, it is the nearby satellite cities, like Mohali, which are getting more and more attention from home buyers. These cities offer people close proximity to the major metropolitan, but are not yet crowded enough, so one can truly enjoy a peaceful lifestyle. Mohali would be your best choice if you want a Property near Chandigarh . Why buy a Property in Mohali? Recently becoming more popular among real estate investors and developers alike, today, the city has a number or new and upcoming real estate projects , so there is no dearth of apartments for sale in Mohali . From affordable places to luxurious installments, you can easily opt for an apartment that suits your requirements and budget. The best part is that Mohali is still much more affordable as compared to the nearby metropolitan cities. Plus, Mohali is replete with all ...

Commercial Property in Mohali | VRS Group

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Tenants are the foundation of returns on property investment. This is especially true in the case of commercial properties , except for investors who play the risky buy-sell game. With the right tenant, you can get long-term assurance for returns and financial security. While most of the factors that affect tenancy and rent are determined at the time of buying, here are some steps that you can take to boost your chances of getting a high-paying tenant for your commercial property. Logical Leasing Leasing is quite a logical process that requires you to know everything about the activities that would be carried out. When you understand these activities, then it becomes easier to actually bring about changes. You should know the kind of business that would rent your commercial property in Mohali , and market your property as per their preferences. Check Other Properties Some businesses can be more likely to rent your property if they have competition in surrounding properties. You should ...

COVID-19 Hits Mohali Real Estate Market

Indian real estate market has seen rock bottom with the global pandemic of COVID-19 . As we all know the market was already hit by demonetization and commencement of RERA in the year 2016 and only recently was retrieving again but this pandemic has made it difficult for this sector to recover. The first half of this year has not been easy for anyone in the whole world. Some people lost their jobs, some people had to leave their places to go back to their hometown, the country was under lockdown. In such a situation it was very difficult for builders to sell homes to people. We have all seen the shift of priority from buying a home to staying safe. There is no doubt that every person has realized the importance of having their own home due to coronavirus, but due to lockdown and requirement of maintaining social distancing builders have not been very successful in making sales. In an interview, Tejinder Singh Punia, former president of the Mohali Property Consultant Group says tha...

Important Recommendations on Investing in Right Commercial Property

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The task of buying a commercial property seems to only get harder with each step. It would also be because there are several risks involved in buying a property, and you, as a buyer, want to make sure you're investing within the right property for your venture. So to make the task slightly easier for you, here some important recommendations on investing within the right commercial property: 1. Review the location It is imperative for you to never invest in any property without actually finding out the property and its location. Location of the property plays a large think about deciding its price, and way forward for your venture. Before you invest in commercial property, make sure that the location you've got chosen has good social infrastructure for the staff or the consumers / clients and is definitely commutable via conveyance. 2. Take Expert’s Advice You may not know everything about buying a commercial property , but somebody else does. There are experts availabl...

Why you must invest in a Commercial Property in Mohali?

Here’s you can read below some points regarding why you must invest in commercial property in Mohali : 1. Part of India’s 1st planned city Mohali is a part of the Chandigarh Tricity and India’s first planned city. Also known as SAS Nagar, Mohali is home to plenty of job opportunities. State government initiatives like ‘Ghar Ghar Naukri’ bolstered by the presence of several IT companies in the city have created a sea of opportunities for many. With quite a lot of land parcels available and rapidly improving infrastructure, Mohali has turned into an attractive destination for commercial investors. Mohali’s booming retail industry is another factor contributing to the city’s rising real estate demand. Mohali is also part of the country’s smart city mission which has raised the number of realtors bee-lining to make their mark in the city. Also See: Commercial Property in Mohali 2. Booming Residential Sector The happening commercial developments in Mohali have contributed to the...

Commence an Efficient Business Process-commercial office space

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Business of any niche is required to have a good commercial office space in order to extend best services to its clients and in-house staff. So the sole aim of searching for an ideal commercial property is to offer employees a good ambiance that can help to boost employee productivity. The offices space that is chosen ought to be cost effective and at the same time should provide maximum satisfaction to its employees. So, choosing the apt type of commercial office space assumes greater significance, not only for the upkeep of employee welfare, but also for enhancing the productivity of a business process. Nowadays, the costs of commercial facilities have grown manifold due to the high demand for office space among multinational companies. Executive offices suites have become a must need in many modern business that is yet another reason for the escalating cost of commercial spaces today. The Commercial Office Space services encompass an all-inclusive bouquet of facilities such as Wi-...

An absolute guide about Commercial Office Space

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  Business of any sector is required to have a good commercial office space in order to extend best services to its clients and in-house staff. So the sole aim of searching for an ideal commercial property is to offer employees a good ambiance that can help to boost employee productivity. The offices space that is chosen ought to be cost effective and at the same time should provide maximum satisfaction to its employees. So, choosing the apt type of commercial office space assumes greater significance, not only for the upkeep of employee welfare, but also for enhancing the productivity of a business process. Nowadays, the cost of commercial facilities have grown manifold due to the high demand for office space among multinational companies. Executive  offices suites have become a must need in many modern business that is yet another reason for the escalating cost of commercial spaces today. The Commercial Office Space these services encompass an all-inclusive bouquet of f...

Important Tips on Investing in Right Commercial Property

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The task of buying a right commercial property seems to only get more difficult with each step. It might as well be because there are several risks involved in buying a commercial property for you, as a buyer, want to make sure you are investing in the right property for your venture. So to make the task slightly easier for you, here some important tips on investing in the right commercial property: 1. Review the Location it is imperative for you to never invest in any property without actually checking out the property and its location. Location of the property plays a huge factor in deciding its price, and future of your venture. Before you invest in commercial property, ensure that the location you have chosen has good social infrastructure for the employees or the consumers/clients and is easily commutable via public transport. 2. Take Expert’s Advice you may not know everything about buying a commercial property, but someone else does. There are experts available who can pro...

How to Choose the Right Commercial Real Estate AGENT

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  Whether you are buying Commercial Property for renting out, or getting ready to own your own office, it can be an intimidating task to choose the right property, evaluate it, get all the paperwork done, and more. However, by hiring a commercial real estate AGENT, you will be able to make some real advances towards improving your profit prospects. They will handle all the little things for you, and help you to ensure that your investment will be profitable. However, not all AGENT s have the same skills, and it is important for you to choose the right commercial real estate AGENT before you think of purchasing a GMADA Approved Project . Remember Your Own Needs When you talk to real estate AGENT s, they would want to know what exactly you need. This is something many buyers aren’t very sure of and sometimes end up getting the wrong place as a result. This can often lead to problems in the amounts of profits you generate or the kinds of tenants you are able to invite. You should...

How to Check if a Commercial Property Will Be a Good Investment?

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  Investing in an SCO Commercial Property in Mohali   can be a though-consuming process. You need to make sure that your investment will give you positive returns for it, and this is not something you can tell up front. Not making a profitable investment in the commercial property in real estate sector can cause a big loss in your wealth balance. Fortunately, there are some ways you can use to check if the property you are looking into will be a profitable investment or not. By using them, you can save your investment funds for the right property and ensure good returns in the near future: Start with Research The most important part of making any investment decision is to start with the research. You will fare better in this if you go with the help of a professional real estate investment advisor, as they are likely to have years of experience in evaluating properties for their clients. However, digging into the property’s papers and checking up with past owners is neve...

SCO COMMERCIAL PROPERTY IN MOHALI

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  SCO Commercial Property in Mohali   – Mohali is a part of the three-city-system which includes Mohali, Chandigarh, and Panchkula. Mohali is an area in Punjab territory that offers a window of opportunity to a wide range of businesses for development and growth. A very important aspect of a business is its address and the location of the outlet. The location of the office decides the accessibility to the market, thereby, making an impression on the customers. Henceforth, it becomes very important to plan carefully for the location where a plot should be bought. Buying an   SCO commercial property   in Mohali can determine the success of the business. Pricing of Property The price of a property is dependent on the location and the area where it belongs, more likely it ranges from ten thousand to thirty thousand per square feet. It is one of the best prices in the city one could get, as the city is expected to grow in the near future and prices are foreseen to be hi...

Key to happiness of your life with flats in Chandigarh/Mohali by VRS group

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  Chandigarh  and its surrounding cities encompass large spaces of vacant land and therefore showcase ample scope for  real estate sector  development. Amongst all,  Mohali  is attracting a good amount of traction for numerous reasons. The city is capturing interest of many home-buyers and investors who are looking forward to make the most of lucrative offers provided by real estate developers.   Mohali  boasts of excellent infrastructural set-up, robust connectivity, good residential surroundings, clean and unpolluted air. All these factors are favorable enough to buy a  Residential Property  here. Moreover, it has become the second most popular city after  Chandigarh . Buyers who wish to build their dream house with VRS group   can look out for available  Residential Projects   in Mohali .  They can choose as per their requirement and taste as there are ample of good options available in the same. ...

Best Township Projects In Mohali To Feel The Heat Under RERA

The Real Estate Regulation and Development Act, 2016 or RERA has severely impacted the ability of developers to launch and complete township projects of areas greater than 100 acres. These townships are now required to be registered and launched in places where the facilities can be completed within the promised deadline. Because of this, buyers and investors can feel much more relaxed about their decision to invest in township properties. The primary objective of the RERA was to protect buyers from being duped with false promises. Here are some reasons you can use the RERA to your benefit when investing in the best township in Mohali : Right to Information The primary advantage that these township projects serve to buyers is that they now have the right to information on the property before making a decision. The developer is obligated to reveal all the details of the project including the plan layout, plan of execution, completion stages, the status of competition, etc. B...