5 Factors to keep in mind while buying the Best Commercial Projects in Gurgaon
By: Abhimanyu Poddar
Tags: Real Estate, M3m India, M3m

Buying the best commercial project and estimating the right value to minimize the cost can be complicated and difficult, even for experts. It is a risky decision for buyers, sellers, agents, or renters as they can suffer from ugly consequences. The business can also face potential losses if the property chosen didn’t live up to its standards. After every few years, it usually happens that the real estate market suffers a crash and small and mid-size businesses are the first ones to get affected. Therefore it is important to choose the right commercial property for your business.

If you are planning to purchase the best commercial projects in Gurgaon then you must consider certain factors before investing. Gurgaon is located in the state of Haryana, and it is a part of the National capital of India. Gurgaon has some of the most luxurious and high-end properties in India. It is always better to check out a few things before investing in your business or retail outlets to avoid risks of any kind. Mentioned below are 5 factors that you should consider when buying the best commercial projects in Gurgaon:

Upfront and on-going costs

This is a crucial factor to consider when buying or renting commercial properties in Gurgaon. You’d need to pay VAT or transfer duty on the purchase price of the property you invest in. A purchaser buying a vacant property can claim the VAT or transfer duty from the receiver. There are ample amount of options available for those looking to buying a home with a limited budget. The following localities offer great homes at a reasonable cost- Sohna Road region, Sectors 67, 48 and 49, Residential Apartment in Pataudi Road, Along NH8, Sectors 33, 24 and DLF Phase 2 are popular for units on sale and Sector 24, etc.

2. Location Convenience

Choosing the right locality when buying a property in Gurgaon is another important factor. Properties at Pataudi Road makes for a great option as it offers easy connectivity to various places. There are various commercial projects available in Pataudi Road and Delhi NCR.

3. Business Growth Potential

This is another important factor you’d need to consider if you are thinking of buying a property in Gurgaon for business. You can initially buy a medium-sized space sufficient for your business with space for about 20% growth.

4. Area Zoning

A place that is correctly zoned is important for the growth of your business. There are commercial zoning for offices, industrial zoning for factories, and retail zoning for shops. You can even get your property rezoned by considering other factors and costs.

5. Dealing with agents

Real estate agents are experts at marketing and selling properties. They are also experienced negotiators with plenty of practice. The more they sell a property, the more money they make. When you find a property you like, make sure to research the price. Make sure you understand if the property is worth the price and how much you should pay for it. Always work with a qualified and known agent to avoid fraudulent practices. To know more about M3M India please log on to http://www.m3mindia.com/