The Importance of Location in Commercial Property Investment
Location is the most important thing and plays a signification role while investing in any real estate property. Investment in any commercial must be done by looking at any property that is located in a prime location like the expressway, nearby metro, etc. which makes commuters easy to travel and increase the footfall in the long run
“Location, location, location” is the prime component of any investment in real estate property because any property that is developed needs to be profitable, yield higher returns in the long run, and generate capital high appreciation at a prime location.
In noida, several locations are considered to be prime locations such as the industrial hub of sectors 16, and 62, the noida expressway, and the noida extension. Here property costs are higher and yield more returns in terms of capital appreciation and rental yield.
Advantage of location in commercial real estate
Commercial real estate brings some strategic advantages when we invest in any property at a prime location and some of them are listed below:
High Rental Yield
Buying any commercial property at any prime location commands a higher rental yield. Because of its good connectivity and an already established facility public transport medium like metro or bus connectivity commands a higher rental value. Also, proximity to the educational hub, modern facility, and high-class amenities increase the convenience to reach the property which increases the footfall and hence rental yield jumps to 2-4% of the property. In noida, sectors such as 16, 129, and 62 give a good yield over the investment.
Higher Capital Appreciation
Buying a property that falls under commercial hub has its advantages. Great infrastructure development around the area and proximity to any hub like educational and retail etc. Due to the rising demand for these properties, the capital appreciation in these properties is higher. In Noida various sector has already given capital appreciation and property prices have now doubled in these sectors such as 90, and 129.
Accessibility
Any commercial real estate must fall in such a place that is accessible to the residential hub, other commercial hubs, etc. due to which it receives high footfall because of its prime location and commuters can reach and access the property via other sectors of the city. Sector 34, sector 18, and sector 129 are the most accessible sector of noida which is well connected through other parts and sectors of noida.
High Demand
For any commercial property that is located in a prime location, the demand is always high because of its high footfall, and accessibility to nearby commercial institutions such as schools, colleges, public transportation, hospitals, and many more. Well, connected roads and proximity to expressways and highways increase the demand for any property. In noida, properties in sectors such as 129, 132, and 142 are in high demand.
Easy to Commute
While looking for any commercial real estate property the property that is accessible and easy to commute is the best suited for any buyer or investor. This makes it easier to commute to the property and increases the footfall of the property. Public transport such as metro and local bus stops make an important to decide whether this property receives high footfall. In noida, locations such as Sector 18, sector 62, and Sector 142 are the high footfall regions because of their robust, round-the-clock connectivity.
Instant Approval of Loans
Being located at a prime location builders deals with various banks to provide smooth loan to investors who want to invest in the property. Because of the descent and safe return that the builder promised on that real estate. The prime location has its advantages like higher capital appreciation because banks easily give loans to the investors. Ni noida various sectors have various properties on which banks easily provide loans such as Sector 140, and Sector 140a noida.
Conclusion
Above listed factors such as loan approval, accessibility, ease of commute, high demand, and high rental yield are the factors that must be considered while determining the location to invest for any commercial real estate investment. Also, you can contact us at 7053707070 if you want to invest at any location in noida. Our team has experienced professionals who will guide to in making your investment journey.