Despite having suffered setbacks during the Covid-induced pandemic for the past two years, the commercial real estate industry is now looking positive. The commercial real estate market is performing exceptionally well amid the reopening of offices and the economy moving forward. Real estate industry experts believe that commercial properties are safe assets and they can be a source of rental income. So what makes commercial real estate investing the most rewarding investment option? Experts try to decode it.
Subhash Goyal, MD, Goyal Ganga Developments commercial real estate Preferred over residential real estate as it offers higher rental yield. The commercial realty market is performing exceptionally well amid the reopening of offices and the economy moving forward.
“A significant portion of the workforce is returning to offices, IT companies and startups are actively looking for workspace, and e-commerce is driving the demand for warehousing. Reputable builders are taking huge advantage of technology, which has evolved into an important tool in the commercial real estate market,” said Subhash Goyal
The outlook for the sector looks extremely bright as we move forward, and the industry will bring more promising results, he added.
Nakul Mathur, MD, Avanta India says that commercial real estate has gained prominence as the most preferred investment option as it offers better return on investment.
“Offices are the most desired investment vehicle within the commercial segment, with co-working spaces setting the trend. The sector is witnessing a healthy commercial uptake with strong demand from IT-ITES, BFSI, law and boutique firms. Commercial Flexibility has become the keyword in the real estate sector, and hybrid workplaces are attracting companies,” said Nakul Mathur.
In future, more focus will be on providing flexible office space that is in line with the demand of evolving work patterns and enabling companies to cut their operating costs by investing in locations that come with modern day working requirements in a safe and healthy environment. help. added.
Mukesh Goel, Partner, Aurich Group said: “Rising entrepreneurial spirit, industrial development, opening of business parks, and development of economic zones in suburbs like Faridabad have also become growth factors that stimulate demand in the segment. NRI Investment Commercial Flooding the real estate sector.”
In addition, the Indian government has implemented several reforms in the commercial real estate sector, such as RERA. With all these changes, the commercial real estate sector will soon be an excellent investment opportunity for investors, he said.
real estate It has long been a safe investment option for traditional investors in India. It continues to attract investors given good returns and impressive growth prospects.
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