Indian real estate sector is expected to witness a record increase in sales because the initiatives taken by the Government may give a push to the sector and reinstate investors’ confidence. Real estate experts believe that the government’s promotion of:
– 100 Smart Cities
– AMRUT (Atal Mission for Rejuvenation and Urban Transformation)
– Housing for All by 2022
– Infrastructure development
are among few of the steps that would benefit the economy.
Private equity investors are now buying stakes in distressed/stalled projects in partnership with big real estate developers. Unlike in residential projects, they are generally bigger developers who build, rent and maintain commercial projects, as they require long-term commitments. Commercial property serves as a lucrative investment option with investors gaining from rental income as well as capital appreciation. Commercial property in Gurgaon is in almost every investor’s mind, as the city is in news for all the right reasons and at right time.
Recently there has been a sharp increase in the demand of commercial office space in Gurgaon. Furnished office spaces in corporate buildings have helped Gurgaon in becoming the commercial hub of India. Market researchers and Industry analysts have calculated that the demand of Gurgaon properties is likely to increase in future and the reason being that investors are aware about the profit they will be making in near future.
One of the vital reasons as to why experts suggest customers to investment in office space is because India is among the topmost developing countries in the world and more top-notch MNCs are planning to open their office here in order to expand their business.