Buying of the commercial properties was considered to be a huge form of spending and investment. The real estate investors were not keen on investing money in the commercial properties because of the fact that there was high risk involved in the Return of Investment or ROI.
However, the present scenario is depicting a different picture. Now, investing in the commercial properties is emerging to be one of the best ways to get a huge ROI. Thus, many investors are showing keen interest in getting hold of profitable and significant commercial properties. The area of Malad West is such which is becoming a popular choice among the real estate investors.
Snapshot of the locality
The area of Malad West is located at the northern side of the city of Mumbai. The distance of this place from Mumbai is about 34 Kms. The presence of proper roads makes the aspect of communication easier for the people residing in this area. Also, there is the presence of Railway line which further contributes in providing a smooth communication. This has acted as a positive point for the development of this area. This suburb of Mumbai was mainly developed to ease the pressure of population in Mumbai. There are many national and international companies who have shifted their offices to this place. Also, the new offices are getting established. That is also helping in bringing a rise in the commercial properties of the area. Besides offices, there are shops and stores getting constructed which are further proving to be a boon for the commercial real estate market.
The future aspect
When you are investing, the future scenario of the area no doubt will be of a great importance for you. Well, the area of Malad West has a lot of potential. The development of location is continuous and will be such for the coming years. The commercial market is growing at a rapid rate and thus promising the buyers with a god ROI. Apart from the commercial market, this place is also portraying a profitable picture in terms of the residential market. The presence of the offices in this area has lead to growth of this area as a residential hub. That is why there are many who have the interest of buying properties in this area.
The factor of profit
The investment in this area in the commercial properties is absolutely profitable. In accordance with the experts, the investor can yield a huge profit from the reselling value of these properties. The aspect of rental returns is also very high in the commercial field. On average, the rental value for the commercial properties is about 11%. Thus, the aspect of investment in the commercial properties can prove to be a good choice for the investors. These factors are also attracting the NRIs to invest in commercial properties in this area.
The civic issues
The problems in this area are quite few. However, make sure to get your papers checked by well-known lawyer. This is because the process of buying commercial properties involves a lot of legal aspects.
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