Gurgaon The Best destination for commercial property
In spite of the fact that Noida has more reasonable office spaces than Gurgaon, yet interest for office space is going up in Gurgoan. Gurgaon remained the preferred choice for opening offices in the National Capital Region (NCR) among companies, grabbing 51% share or 3.88 million square feet of the total office space leased in the region in 2016, according to property consultancy Colliers International.
Noida and Delhi accounted for about 36% and 13% share, respectively, out of the total 7.6 million sq ft office space absorbed in the NCR in 2016, at par with 2015 numbers.(TOI) Henceforth, venture in commercial properties in Gurgaon is considerably more gainful, safe, and stable in Millennium City.
The esteem and significance of an office space in Gurgaon can be comprehended in the present circumstance of business property advertise in Noida where no new venture was propelled for the current year. Then again, there are many new dispatch extends in Gurgaon for the business reason. The prime motivation behind why Gurgaon takes up the significant lump of corporate office space request in Delhi NCR is its prime areas and closeness to the IGI airplane terminal. Both closeness and separation dependably assume a key part in the determination and dismissal of any business property in Delhi NCR.
Oversupply of office spaces might be the reason because of which the lease and price tag have gone down as of late in Noida and Greater Noida.
There are many new business extends in Gurgaon where business spaces are accessible in prime areas. Fairway Road, Sohna Road, MG Road, and zone along NH 8 are some hot business property goals.
Making smart purchasing decisions is very important. By choosing the right properties to invest in, you can gradually build your real estate portfolio while earning passive income. If you have any questions regarding Commercial Real Estate or would like to start the discussion of diversifying your assets, please do not hesitate to contact one of our Advisers for more information.