Commercial Real Estate: Time To Restart Blog
neodevelopers.com
It is the best time to buy commercial real estate in India after COVID-19. If you want to invest money in commercial properties then the time has come to invest in commercial properties such as shops, office spaces, retail and wholesale shops, and more.
The pandemic is almost over and life is becoming normal just as pre covid time. Besides, the Real Estate industry is also booming day by day in both sectors like residential and commercial. People are ready to buy residential properties as commercial properties.
According to many forecasts and reports, this year (2022) looks very promising for the real estate sector at large, with residential as well as commercial sectors having the potential to perform well.
Commercial real estate in India in 2022 is in demand after the bad impact of COVID-19. There are many benefits of investing in commercial real estate in India in 2022.
It observed that many stock market investors are showing interest in investing in commercial real estate this year. The main reason behind it is seeking huge profits on long-term investment. Some investors think that pulling out money from the stock market and investing that money is one of the best ideas to maximize ROI.
After COVID-19, India's Economics keeps growing because of having sufficient liquidity in the system, promoting bank credit flow and easing financial stress. This relief is now also allotted for NBFCs; loans by NBFCs to commercial real estate will get identical relief. Many giant companies show interest to set up plants in India in different sectors like such as electronics, textiles, and synthetic fabric.
Around tons of foreign companies are going to set up many plants in different parts of metro cities like- Noida, Gurugram, Bengaluru, Ahmedabad, Mumbai, and more.
If you are looking for investing your money in Delhi NCR then you should invest in one of the most demanded and fast-growing locations. Dwarka Expressway Gurugram is one of them which is emerging as the leading industrial and financial hub.
There are many commercial buildings being constructed that offer all commercial complexes where you will find shopping malls, retail and wholesale shops, and office spaces. As we know that Dwarka Expressway is highly connected to all means of transportation and having well-planned infrastructure makes this location for a hot destination for investors to invest.
The best commercial property on Dwarka Expressway Gurugram includes commercial shops, office space, a food court, etc. These all make it the best location to invest and get huge returns.
This will boost the growth of commercial sectors in India. However, NBFCs will allow carefree NPA classification to their borrowers and NBFCs will stretch realty loans by one year if projects are delayed for reasons beyond their control. It might attract more big companies to invest in India.
When they set up manufacturing plants in India then there will be a need for more commercial spaces to run the companies efficiently. Also, attract to building shopping complexes where you will find retail shops, wholesale stores, brand outlets, and more.
Hence, this is the best investment option which has left during this crisis is the real estate sector.
2021 has been very rewarding that slightly showed hope in real estate in both sectors including the commercial and residential sectors. It is noteworthy that the commercial sector faced a dip during the pandemic but is now well on the road to recovery. This is the main reason why companies are looking to reopen their offices, having a hybrid work culture for better employee comfort.
The demand for office space has been rising this year. Many companies in sectors like Business Processing Management (BPM), IT, Banking, Financial, and Insurance Services (BFIS), and more are on the lookout for office spaces to work effectively. In this way, it is generating a huge demand for commercial properties like office spaces.
Economic Times noted that office space’s gross absorption was high in the first quarter (March 2022). Major cities like Bengaluru, Chennai, and Delhi NCR dominated the office space leasing absorption in 2022’s 1st quarter. These cities have a well-planned infrastructure and have many big companies already operating their business and wanting to spread.
Many startup firms have set up their business in Delhi NCR, and demand for office space in this region has grown. Leasing of commercial spaces grew 97% year-on-year (Y.O.Y) and reached 13 million square feet (MSF) which is a 3x increase Year-On-Year (Y.O.Y). This happened for the first time in the past 2 years.
JLL study suggests that the Grade A office market across the top cities in India is about to grow over 1 billion sq. ft. in size by 2026. The Indian office sector has recovered the fastest from the aftermath of the pandemic. This might be a good opportunity for those investors who are looking for long-term profits.
Therefore, India is fast growing in commercial real estate and expects to grow more. This is now a good time to invest in commercial property.