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Real Estate Noida

This blog provides the Information about the Real Estate News of Noida.

Top Notch Attributes of Assured Return Commercial Projects in Noida

Looking to book profit by investing in an assured Return Commercial Project in Noida? The idea may be intimidating, if you are a first-time investor. Real estate is known to be a tough business and the pitch is dotted with land mines that can decimate your returns. How about we examine a few things you ought to think about when looking for an assured return commercial property.

 

Starting Your Search

 

​Despite the fact that you are advised to take assistance from field agents and brokers to help you reach your goal, it is important that you should start the search process on your own. Hiring a professional will bring undue pressure of closing the deal ASAP, where your goal is to find the property that suits you and comes within your investing range. Then, there are a few factors that will limit your investing range; first and foremost – who will be managing the property – you yourself or you will hire someone to do the services. If you yourself will manage, then the property should not be far from the place where you live. For the other option, proximity will not be an issue.

Let’s explore the things the investor should consider when searching for an income property-

  1. Neighborhood – The neighborhood quality will affect two things – the vacancy rate and the type of tenants you might get.
  2. Property taxes – There is no uniformity when it comes to property taxes and if you are planning to invest your money to make some good money, it is important for you to know how much of your money will be going in the property taxes. You should not get disheartened at paying high property taxes, as it means the property you are looking at is in an excellent place and that would mean good returns.
  3. Crime – No one wants to invest in an area that is a hotspot for criminal activity. Check statistics either online or you can even take the information directly from the police. One tip regarding this is – Never believe the owner. Things to investigate include - vandalism rates, petty crimes, serious crimes, up or down recent activities. You may likewise need to get some information about the frequency at which police patrolling is done in the area.
  4. Job market – Area with start-ups, growing businesses and other established organizations tend to attract more businesses and brands. Check online about how a particular area rate on the job market.
  5. Amenities – Check the neighborhood for present or projected malls, parks, gym, fitness centers, movie theaters, transport and other features that attract commercial rentals
  6.  Future developments – Now it’s a tricky thing, because only the designated authority people will have all the planning information regarding the future developments proposed for that area. But you can make a hypothesis – if the place is getting new buildings, malls, business parks – the place is a growing area.
  7. Number of listings and vacancies – If while searching online, you see a high number of listings for a single area, this brings two scenarios – either the place is a new and hot selling property or the property has gone bad. Yes, two extreme situations. You need to be really cautious on making a decision on this. Similar situation is for vacancy rates as well. The vacancy rate will give you an idea of how successfully you will get your tenants.

Besides, there are many other factors like- rents, which are the bread and butter of your income property and even if the region, provided you have selected an area that is prone to earthquakes, etc. The last but not the least is the maintenance cost that you will have to subtract from your returns.

So, all things considered, if you are looking for an assured return commercial property in Noida, then Anthurium is the project you should explore first. The project is a business park situated in the posh area of Sector-73, Noida. Investing in Anthurium means assured returns, as the project is one of its kind, equipped with features that include – AI ready office spaces, mechanical car parking, high tech security system, gymnasium, yoga center, shopping center, Sky Lounge roof top restaurant, etc.

For more information on the project and the investment opportunities, visit https://www.anthurium.in/

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