Investment in buying office space in Noida is seen as a path to quick riches if thought out well and done at the right time. The mantra has been to hold on to property and when the value appreciates, it is sold out. Investment in office space in India can be done without cash for down payment through loans or borrowing money.
After all, buying office space in Noida is a complex task and the investment in commercial property in India depends on how well the investment can be managed.
Here is our guide for you when buying office space for investment:
Since the transaction involves a lot of money, a good research can help out straighten a lot of things before buying office space for investment. Find out about the reputation of the developer, his track record and ask people around. Pick a developer with at least one successfully delivered project. If the developer is new, then a thorough background check and assessing credit ratings can help.
Go for assets that have the capability to lease out and generate earnings for you. This can help cover maintenance costs and EMIs. It is necessary to be prudent when buying office space for investment and must invest in commercial property in India that can earn well.
Go for houses that are high on greens and are environmentally sound. This can help save in the long-term and also help you earn a good name.
Investing in new and upcoming areas: When it comes to investment in commercial property vs residential, Noida and Gurugram top the list as compared to Delhi. There are numerous options of best office spaces in Noida and Gurugram. Not to disregard the developments but go for areas where commercial real estate is high.
If short of capital, then look for partner/s. But it is important to have a contract which specifies who is responsible for what etc.
Investing in shares or equities: Investors can buy shares in real estate for periodic payments instead of investing a huge amount. However, weigh the pros and cons.
Take into account potential risks before investing in commercial property in India.
More popular neighbourhoods may become unpopular over time owing to low connectivity, slow infrastructure, etc and the vice versa may also be true. So, it is important to be prepared for such fluctuations when looking for best office space in Noida.
Assets that are liquid:
When market conditions are not good, it is not always easy to sell real estate. Investors who own property for commercial purposes need assets that can be liquid if need be for cash influx into the business.
It is important to be prepared for issues from tenants or maintenance etc which can hamper cash flow.
Best office space in Noida can be possible if the market conditions and factors mentioned above are taken into account before buying office space in Noida for investment.