The commercial real estate
segment of Bangalore has been very rewarding for those who consider investments
in real estate. The article discusses the market conditions in Bangalore and
some ways to gain more and more benefits out of realty segment of Bangalore.
Real estate investments have
always been considered as a safe and profitable investment, which anyone can
make. In recent years, however, the realty sector of India has shown that it is
not untouched by the volatile vicissitudes and that it has not been safe from
intriguing swindlers. However, it been fortunate that the commercial properties
have more or less escaped the chaos and have displayed positive outcomes in
almost every big city. Buying a commercial property in Bangalore is indeed a
rewarding option for those who wish to reap benefits of the property boom in
India, led by massive information technology (IT) revolution. Bangalore, the
capital city of Karnataka has marked itself as the IT capital of the country
and has been a one-stop destination when it comes to IT or other engineering
jobs in India. The software industry of the city is on all time high and has
been creating employment opportunities for a number of professionals. The
growing population of the city has also resulted in increased demand for
residential spaces. Such people look for 1 or 2 BHK flat in Koramangala,
Jayamahal, Indiranagar, Sadashivnagar, Rajajinagar, and others.
In Bangalore, the commercial
real estate segment is mainly driven and governed by the corporate
world that has acquired most of the commercial spaces in Bangalore. The mall culture
is the next thing on the list that has regulated the commercial real estate
segment of Bangalore.
Where to find opportunities in real estate
If you think that only in the
newspapers are the property deals are very wrong, you can get good prospects of
any of the following sources:
Internet and newspapers
Free circulation magazines
Walking and observe properties with and
without signs of sale or rent.
Ask friends, families and other
acquaintances.
Properties which are very neglected or
abandoned
Public records and tax offices
Most of the properties are bought
and sold for the sake of benefits. One can follow the following tips to reap
more and more benefiters out of the properties:
Construction: Acquisition of land
to build and then sell it for a higher price to make a profit is usually the
most common option that is being practiced by the property owners, unless you
have the money needed to support the construction or perform a trust agreement.
Purchase and Resale: Buy a good
piece of property to resell at a higher price and if possible, get some
improvements or repair works done, which can easily increase the capital value.
Rentals: Buying a property to get
a revenue stream by renting the same room for either home or commercial
premises in Bangalore has been one of the most popular options to earn from the
property. It allows passive income while maintaining capital in your hands.
Renting and sub-renting is also an option as long as permitted by contract
between the property owner and the tenant.
Financing for commercial real
estate investment is now much more affordable like it is the case with the
purchase of residential real estate. Of course, the investments in real estate
segment, particularly the commercial ones, still ask for big lump sums as down
payments not to forget the proper documentations related to incomes and assets.
However, these days the lenders approve loans conservative real estate
investment business quite often. Though some price changes and expectations
have yet to be calculated, still the market experts insist that the commercial
market values been marking stable markets and enough profit potential in the
case of Bangalore.
Author Bio:-Ravi Chauhan is a
professional writer. He likes to write for various real estate issues and
development. His articles and blogs on New Flats/Apartments for Sale
offer reliable information and guidance to invest in a great property deal in
India.
1 comments
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