The commercial market of Delhi/NCR has always been the one that stands out among its other counterparts. With rapid urbanization of the city, tremendous commercial development has been seen over the past few decades. Real estate companies, that earlier concentrated on residential development, gradually moved towards the commercial vertical after realizing the need for the same.
Commercial real estate comprises malls, multiplexes, virtual retail spaces, office spaces, etc. It is rising as a preferred investment option among the investors because of the sense of security it provides. It also earns handsome rental returns which is not the case with residential properties in NCR. Moreover, the appreciation in the value of commercial properties is known to be faster than the residential ones. While residential property owners have to wait for a longer period to earn decent returns on investment, commercial units can be easily sold or rented for a good deal of money.
Since the main objective of investors is to earn rental income with commercial properties, the demand for it will also remain solid for quite sometime. The number of MNCs, that want to set up their offices in different parts of NCR, is also increasing year after year. This has encouraged developers to come up with their lavish and modern office spaces in the city. Records show that the annual commercial property yield is 9-10% as opposed to the residential property yield which is only 3-4%. Though few parts of the city suffer from oversupply of commercial property, experts are of the opinion that the absorptions rate is rising. Delhi/NCR saw a whopping 52% increase in the absorption rate. And now after the REITs have become functional, it looks like a good time to invest in commercial real estate.
Home & Soul is a real estate development company headquartered in Noida. It has recently launched its brand new creation- H&S Boulevard Walk in Sector 4, Greater Noida West. The project offers state-of-the-art office spaces that provide a lavish working environment. Enjoying the most prominent location, the investors and business-persons would get good market exposure and would also enjoy a remarkable reputation. The place will be adorned with high class furnishings that would speak of the high position of the firm. Good connectivity with south Delhi is another reason for its high demand. Bringing together the perfect ingredients of an encouraging office space, H&S Boulevard Walk stands as a great investment option.