With the commercial sector witnessing a huge jump in the last few years, today more and more investors are looking forward to investing in this real estate sector. This has given developers an option to come out with some innovative ideas in the commercial space development segment. One such idea which is gaining popularity among investors is commercial structures under the residential projects.
Such projects refer to the development of outlets/shops below a housing project which helps both residents and commercial property owners directly. For instance, a commercial shop just below the residential property makes the life of residents easier, at the same time; investing in such shops can be a big business investment for the future.
With this blog, let’s understand the benefits of investing in such commercial properties:
Commercial properties which are developed under housing societies ensured regular footfall from the residents and the neighbourhood. Shops like grocery stores, salons, medical stores, clothing and accessories outlets make the life of residents easier because of the proximity. Also, owning a shop like this promises a great business and at the same time profits as it is the only choice available for the residents. And if there are no such properties available in the nearby areas, then it’s another boon for your business.
If you are an investor and buying such properties to rent then, you can easily do that. Reason-such properties offer good profits to the commercial tenant, so the rent can easily be paid off. Moreover, as commercial property can be rented out for a minimum period of 5 years, so once done with rent, an owner can also sell the property and earn a good return of investments.
Investing in these properties comes with the lowest possible risk. Whether you rent it or plan business from the property, in both the cases you can earn profit and better returns on investment. With a regular and promising footfall from the residents and nearby areas, your business will grow with great potential.
Family and Business Together
In case, you are already a business owner and looking for a place where your home and shop are just a few minutes away from each other, then such commercial properties are best for investment. In a way, your home is just a few steps away and you can spend quality time with the family too. At the same time, your family members can also contribute to handling your business, while you are busy with some other work. Such investment not only offers the flexibility of work but saves the precious time which mostly gets wasted due to commutation.
So, investing in a commercial property under a residential project is a great way to make up profits not only in present but in the future too.
Also read: Commercial Property: Know how it is taxed?