As the residential projects are growing on and around the Airport Road Zirakpur and Mohali, the commercial real estate projects are eyeing good returns on their investment. There aremany projects such as the showrooms and DSS shopsby Jubilee Junction, showrooms by TDI in South Extension 1 in sector 118 Mohali, shops by Medallion in sector 68 Mohali, showrooms by Guildford on the PR7 airport road Zirakpur, luxury retail complex by Sushma Empiria, builtup showrooms by Le Mar on PR7 airport road Zirakpur, and many projects for office space and business space.

The investors have some criteria for selecting a property where they want to invest. Generally, it falls into two broad categories—high growth and appreciation on the capital investment itself so that they can sell it after N months or years, or to make it a constant revenue stream for its rentals by hiring the right tenants.

In recent few weeks, we met a few investors who had shortlisted some showrooms or shops in different locations in Zirakpur and Mohali. Many of them were not able to do a comparative analysis. Their important factors are:

  • Is the property on the main road, and does it allow easy access to the vehicles for owners’ parking and visitors’ parking, for drive-through? Does it have more than one entry and exit points for rush hours?
  • What kind of demographics are seen around the project? Are they high-rise apartments or there are sectors with independent houses, or a mix of both?
  • What is the exact location and direction of each showroom to see what kind of tenants it might invite? For example will some big or international brands be interested to set up their stores—it always helps the entire project.
  • Does the project have some smaller shops too for small traders, for some consultants with low-walk-in requirements, for independent practitioners in health or education, and others?

If you want to buy a commercial property for long-term recurring income from its rental value, have a maintenance plan?

Regular and timely maintenance always helps in the rentals and the value of the property appreciates with time.

Some tips on buying a commercial property for showrooms and shops on airport road Zirakpur and Mohali, by Tick Property.

Tick Property offers itsconsultancy and advisory services for commercial property investors. If you are looking to make any such investment, contact us anytime for a discussion.

Comments to: How to buy commercial property—showrooms and shops on airport road Zirakpur and Mohali

Your email address will not be published. Required fields are marked *

Attach images - Only PNG, JPG, JPEG and GIF are supported.

Contact 9814210011, 9855063463, [email protected]

Join us today!

Join us for real estate industry updates, news, new projects, trends, reports, and new property updates.

Contributing authors

Inviting contributor author for Tick Property: If you want to write for Tick Property, please write to us at [email protected] with the details—your name, email ID, and your current organization (or business name if self-employed).

The Tick Property Newspaper

We publish a daily newspaper for a quick reference to real estate news, insights, and reports: See the Tick Property Newspaper

Good Reads

Zirakpur’s expansion for its commercial and real estate projects towards Mohali on the airport road, towards Ambala, and on the PR7 road that connects it to Panchkula has caught the attention of real estate developers to find new hotspots for their commercial real estate projects. Looking at the series of upcoming commercial projects on the […]
The Mohali and Zirakpur region in the periphery of Chandigarh is one of North India’s fastest growing markets for businesses, commercial investments, and for residential and commercial real estate. The growth of commercial property means that the region has generated new segments for jobs, career path, for trading, for small businesses partnership, and work for […]

Worlwide

There are no matching posts for this section.

Trending

This post is taken from Forbes India (source). In the commercial property trends in India in the recent years, the new-generation technology parks have emerged particularly in high-potential and high-rewarding cities including in Bengaluru, Hyderabad, Mumbai, Delhi and Pune. Chandigarh and Kolkata are now attracting investments too. This, according to Nasscom, has been due to […]