Rental Properties for commercial use The commercial market in India has developed into full fledged market. There is property everywhere for commercial use. There is lots of space for rent, for small shops in shopping complexes to large space for office use in huge complexes. The demand is there so there is supply as well. When you visit metropolitan cities you will see huge building under construction or newly constructed buildings.
The investors are increasingly trying to take space for rent as there is lees risk if the space is on rent. Maintaining the property is also not a hassle and those who rent out the space generally maintain it. The BPO industry, the corporate, offices, mall space, shops, showrooms, etc. all come under the category of commercial rental space.
The rental period for commercial purpose is generally from three years to nine years. If you have commercial space and you want to lease it out, then it is advisable to lease it out to popular and known brand names. You won’t risk your property this way. Generally there is a15% increase in rent after every three years. So in the long run you are going to benefit from it.
If you want to have a regular income form rent, then it is advisable that you invest in mall space. You get higher rent than the office space and far higher return than the residential space.
Another lucrative prospect is the showroom rentals, the developers lease out commercial properties. Shops and department stores have become common for good value for rent. They have become popular in real estate business as they are safe and give out good returns.
Another trend seen in the commercial rental market is combining office space with service apartments, so that the executives visiting the office will have the facility of staying in these apartments that are conveniently located. There is a huge potential for growth in the commercial rental market in India. Indian property listing
