Commercial real estate remains one of the strongest beneficiaries of India's economic growth. International and homegrown companies are constantly investing in a highly skilled workforce. GDP growth will be driven by the services sector, which will continue to drive demand for office space in India. Moreover, with people and companies getting back to the on-site or work-from-office module, in such a scenario, investing in commercial real estate has great potential for investors. Pre-leased commercial property is already leased to the lessee and then sold in the market. In this case, the lease/ is transferred to the new owner together with the transfer of ownership rights.
Here are some tips to keep in mind while buying pre-leased commercial office space in Malad West.
Location is vital:
The location sets everything apart. These include rents, capital value, and prospects of the property. A good location leads to a lower vacancy rate, higher capital values ??, and longer leases. Malad West is a great location for leasing commercial office space in Malad West. Malad being tactfully located in the north of the city also offers seamless connectivity between Andheri and Dahisar. Moreover, the area links to Goregaon and Kandivali making it a prominent location offering top-notch social infrastructure. On the whole, location is the primary factor for leasing an ideal commercial property. The location advantage always adds an added benefit to a commercial property. Malad west is known for its proximity to prominent recreational spots like Inorbit mall, infinity mall, Goregaon Sports Club, Mindspace Business Complex, Goregaon Malad Station and the International airport all just under a 15-20 min drive away.
Construction and Architecture Quality:
Modern and new commercial parks achieve better rents and longer leases. Mainly because they are stronger, well designed, and save energy. Glass facades, a high degree of energy efficiency, larger-than-life lobbies, more elevators, and adequate parking are some of the key features of premium office spaces. Henceforth when you take the step of investing in a prime pre-leased office space in Malad West, inspect the design and quality of the structure thoroughly. The architecture of your pre-leased office space in Malad West is the identity of your business as a result is an important factor to consider before leasing a commercial office space for sale in Malad West.
Commercial Real Estate : Gains High Returns
Pre-leased properties generally come under the “zero” waiting period for return on investment to commence. Pre-leased commercial properties generally have a higher ROI compared to any other. These properties offer a fixed rental income with a great rental yield along with the benefit of capital appreciation. Apart from what it yields, ROI on pre-leased commercial properties also offers lower risks. and favourable returns. With the immense location benefits of pre-leased office space in Malad West, a handsome Return on investment on these properties is guaranteed.
Investing in a commercial space requires great thought as it holds tremendous potential for growth in India, mainly in financial cities where the demand is at an all-time high. And as the need for commercial spaces soars in the city, investors must understand the key points necessary before investing in a commercial office space for sale in Malad West. Catering to the rising demand for high-quality commercial office spaces, Atul Projects; Mumbai’s coveted realty developers have First Avenue- an ultra-modern commercial space in Malad touted as Mumbai’s popular social locale. First Avenue is a trailblazing project built to transform your work lifestyle. The project boasts contemporary facilities like car elevators for a modern-day mode of parking, followed by wide column spacing for flexibility of interior design, 24-hour security surveillance, grand entrance lobby with ample basement parking. Atul projects have been delivering the best in class commercial projects and are just an additional feather in the hat where they have excelled in delivering the best.