If you are looking for lucrative real estate investment options and are ready to utilize the potential of this golden opportunity, then this article is for you. The first decision when it comes to real estate investment is often about whether you want to invest in a residential or commercial property. There is often a debate about which of these categories shall yield greater returns.
Although residential property is also a great investment plan in the Delhi-NCR region, solely due to its high demand, high-street commercial real estate investment has become more profitable and attractive in the region. As Gurgaon and Noida become a hotspot for multinational companies, the IT sector, and recreational hubs, commercial properties are being rapidly consumed. Consequently, the rise in the demand for residential spaces has also contributed to the rise in co-dependent commercial properties to provide amenities.
Why should you go for high-end commercial spaces in Delhi-NCR?
Delhi-NCR region recorded almost a 100% rise in the gross absorption of office spaces after 2021. Thanks to the businesses that are seeking new office spaces, upcoming startups, and an increased number of working professionals who are shifting to these areas, there is a surge in the consumption of commercial spaces. Undoubtedly, there is a hike in the demand for grade-A commercial property as well as co-working spaces in the post-pandemic era. The co-working space is an emerging trend which takes up around 15% of all the office spaces.
The Noida and Gurugram regions of Delhi-NCR have witnessed many infrastructure developments in recent years. These include the Jewar Airport project which is going to be India’s largest airport, the Noida metro network, Gurugram’s rapid metro network, the Noida-Greater Noida-Yamuna Expressway, Delhi-Varanasi High-Speed Rail Corridor, and more. Gurugram is seeing the rise of many profitable commercial real estate projects like Elan Epic, Emaar Miracle, and Whiteland Arena 76.
Whiteland Arena 76 is a flagship development project that is being brought to the area of sec-76 by the renowned Whiteland corporation. One of the major advantages of the project is its vicinity to NH-8, clover leaf flyover, and Dwarka Expressway. This high footfall region surrounded by densely populated residential areas is created to support upscale recreational activities. It is also adjacent to the green belt in the master plan.
Emaar EBD 114, on the other hand, offers a lucrative investment opportunity within a micro market already gifted with rich social infrastructure and a high rate of consumption. This project is made on the shop-cum-office (SCO) concept to suit both business and investment purposes.
ELAN Miracle is also a beautiful commercial project consisting of high-street retail with Double Height Shops, a Food Court, a PVR Multiplex, and an outstanding clubhouse. Situated on the Dwarka Expressway, its location and connectivity give the property an edge over other commercial projects in the area.
Shift in consumer trends
Moreover, the post-pandemic era has seen a shift in customer needs, resulting in customers seeking high-end spaces offering a seamless experience including recreation, fine living, and more. This trend is coupled with the impact generated by the presence of Special Economic Zones (SEZs), startup ecosystems, and Fortune 500 corporations. Consequently, it is helping high-street commercial real estate to yield higher returns than ever.
Increase in Market
Delhi NCR region has an exceptionally large and diverse customer base due to its population density and purchasing power. The region is seeing a rise in its working class due to increased work opportunities. Such a growing need can only be met by high-end commercial spaces that are dedicated to reaching these consumers.
Chance to Diversify Investment
These high-street commercial properties can add the virtue of diversification to your investment portfolio. Commercial real estate as an investment provides investors the chance to mitigate risks associated with other asset classes like residential property or stocks. High-street commercial properties ensure stability and growth in one’s portfolio and provide a balanced investment approach.
Generating Advantageous Rental Income
One of the best approaches to yield financial outcomes from high-street commercial properties in the Delhi-NCR region is to simply command rental yields. This is because business owners are ready to pay a hefty amount for the visibility, luxurious vibe, and amenities that these high-end commercial spaces offer. This results in a stable rental income for the investor.
Advantage of Strategic Location
High-street commercial properties are mostly in areas with a greatly strategic location providing more visibility as well as excellent accessibility for work and studies. This is the main thing that attracts both investors and business owners to start in the region. Such an advantage helps businesses to capitalize on the high foot traffic and the exposure it comes with.
Future Growth
Looking at the growth trends in the past 10-20 years in the Delhi-NCR region in terms of infrastructure, business ecosystem, and recreational and residential spaces, one can trust the growth percentage of the area. Notably, the growth percentage is continuously rising in Delhi NCR. Due to numerous commercial and residential projects that are planned in the region for the next 5-10 years, many investors are seeing the area as a strong contender for long-term investments.
As an investor, you must consider important factors like upcoming projects, urban development plans, forecasts about economic growth, consumer trends, and so on that can be advantageous to your investment decision. As per these, the high street commercial spaces in Delhi NCR do present a golden opportunity for an investment.
Conclusion
Furthermore, the right time to capitalize on the growth of these Special Economic Zones, high visibility of the area, high footfall, and increasing purchasing power of the consumers, is now. These commercial properties will soon start to yield attractive rental money while increasing their potential for capital appreciation and diversification benefits. For investors, it is a fine chance to leverage market insights and gain significant returns. After appropriate consideration of factors like location, market trends, legalities, and prospects of growth, investors should start looking at the region for long-term investments.