Wednesday, August 5, 2020

3 REASONS TO BUY A COMMERCIAL PROPERTY IN GURGAON

As one of India's best regions to buy commercial property, Gurgaon has

rapidly evolved into a critical economic hub for the country. It is often dubbed as The Millenium City, possibly because it has a proven history of assured growth and a higher return on investment for numerous sectors like IT, healthcare, hospitality, education, etc.

However, Gurgaon's commercial real estate market is considered a hot investment spot for several other reasons. We'll outline a few of them.

  1. A Hub for Multinational Companies

Gurgaon hosts nearly half of the Fortune 500 company offices in India and high-end brands like Maruti Suzuki Private Limited, Siemens Industry Software, Pepsi, BMW, and Hyundai, etc.

The city's MNC population makes it a lucrative choice for offices. When you buy commercial property in Gurgaon, your business becomes a part of a high-end business circle in a zone that can be reasonably classified as exclusive for

corporations.

  1. Location, Connectivity, and Infrastructure

Gurgaon regularly receives infrastructure upgrades and developments that push its already growing status even higher. The city is well-linked to Delhi and NCR via a network of highways, Bypass roads, Rapid metro, Delhi metro, and intercity rail.

Private shuttles and public buses regularly operate between Delhi, NCR, and Gurgaon. In addition to eight-lane expressway connectivity with the national capital, Gurgaon also enjoys proximity to Delhi Railway Station and Indira Gandhi

International Airport.

  1. Flexible Variety of Investment Choices

The best thing about buying commercial properties in Gurgaon is a staggering variety of choices. You can find decent real estate in different budgets. The city is a good market for commercial properties of varying sizes with high-quality

infrastructure.

End Your Search for a Commercial Property in Gurgaon Buy From Galaxy Magnum Infraheights Limited

The Magnum Towers is a development project standing tall under the banner of

Galaxy Magnum Infraheights Limited- a leading real estate player in India.

Positioned on a 60-meter-wide road at Sector 58, Golf Course Extension, Gurgaon,

the Magnum Towers are complete with ready-to-occupy premium office spaces. The property boasts of an eco-smart corporate ambiance, fitted with a heat reflective glass facade, a rooftop leisure oasis, retail spaces, complete power backup,

double-height lobby entrance, and high-tech security. It stands within walking distance from the nearest Rapid metro station. Its location offers seamless

connectivity via NH-8 to South Delhi, Faridabad, and other prominent NCR areas.

To buy this astonishing commercial property in Gurgaon, or to know more about the Magnum Towers, reach out to our team.

Source Link: https://www.galaxymagnum.com/3-reasons-buy-commercial-property-gurgaon

VERIFY THESE 4 LEGAL CHECKPOINTS BEFORE INVESTING IN NEW COMMERCIAL PROJECTS IN FARIDABAD

When you set out to buy, rent, or lease any new commercial projects in Faridabad, take note of these four critical legal checkpoints to protect your investment from setbacks and losses.

Real estate investments are typically characterized by a potential of generating adequate ROI, high levels of operating leverage, and a notable risk of capital. In simpler words, that means every property-related transaction is vulnerable to

inaccurate assessments and can lead to massive repercussions in the absence of necessary caution.

Finding a property with stellar legal stature is an achievement. Getting there, however, takes work. To better safeguard your investment in any new commercial projects in Faridabad, employ these four legal checkpoints before finalizing the

transaction.

  1. Property Title

A property title denotes the right to ownership. It’s often defined as a bundle of rights that acts as an authoritative record of exclusive possession.

Conducting a thorough property title search before buying any new commercial projects in Faridabad can help uncover potential problems with the land, i.e., if any exist. Verifying the property title also protects new owners from unnecessary liability, tax issues, unresolved claims, and the risks associated with property

ownership transference.

  1. Government Permissions

The purpose of checking for government permission proofs is to ensure that you are getting a fair deal, free of impediments.

Ask for documents like a commencement certificate, land-conversion certificate (if applicable), encumbrance certificate, construction approval, occupancy certificate, etc. Most such information is declared to the local authority and can be viewed

through that medium. Otherwise, you may request the same from the Builder/Developer.

  1. RERA Compliance

It’s a good idea to go for new commercial projects in Faridabad that are

registered under the RERA(Real Estate Regulation and Development Act of 2016.) Verifying RERA registration for the property of your liking can give a buyer enough information to ensure the credibility of the property as well as the seller, thus helping you make an informed choice.

  1. Authority Approved Plan

This one is more of a precautionary checkpoint than a necessary one. However,

tallying the approved plans with the actual construction offers validation regarding the property’s extent and measurement. It also provides a fair idea of the physical attributes of the space you’d be buying, increasing your confidence in the

transaction.

Looking for New Commercial Projects In Faridabad? Trust The Best; Trust Galaxy Magnum Infraheights Limited.

M1 Trade Tower, under construction at Mathura Road, Sector 37, Faridabad, is a spectacular commercial milestone. Being developed by Galaxy Magnum Infraheights limited- a prominent Indian real estate company - M1 Trade Tower harbors a unique combination of astounding architecture, high-tech facilities, and stellar designs.

Additionally, its strategic location enhances the appeal of this new commercial project in Faridabad.

➔ Zero Kilometers from Delhi

➔ Walking Distance from Badarpur Metro Station

➔ Located by a 200-feet-wide Bypass Road

➔ Within 300 meters of Mohan Cooperative Industrial Estate

M1 Trade Tower also boasts of other features that make it one of the most promising upcoming new commercial projects in Faridabad.

    • Luxurious, elegantly planned office spaces
    • Retail spaces
    • Efficient, aesthetical, and comfortable designs
    • Business support systems
    • Three-level basement car parking
    • Dedicated concierge
    • Complete security and power backup
    • Optimum use of natural light and air

To know more about M1 Trade Tower or any purchase-related inquiries, get in touch with our team.

Source Link: https://www.galaxymagnum.com/verify-these-4-legal-checkpoints-investing-new-commercial-projects-faridabad

4 WAYS TO FUTURE-PROOF YOUR INVESTMENT IN COMMERCIAL CONSTRUCTION PROJECTS IN FARIDABAD

No one knows what the future holds. Especially in the current economy, finding a decent commercial construction property in Faridabad is just as crucial as protecting that investment.

Take note of these tips that can help you combat potential real estate ownership issues and future-proof your investment.

  1. . Regular Inspections

Whether you choose to buy, rent, or lease a commercial construction project in Faridabad, it’s essential to inspect the property thoroughly. Analyze its primary and significant features, including location, design, neighborhood, conveyance, facilities, etc.

  1. . Careful Capitalization

You must avoid spending more money than reasonable on the chosen property. To achieve that goal, it is essential to identify the-

    • Appropriate market value for similar properties
    • Renovation costs if any

The idea behind using a careful capitalization strategy is to reveal hidden costs, if any.

  1. . Rent Agreement

As a buyer, you must protect your investment from challenges and uncertain

circumstances, like delayed delivery, damage to the property, etc. Clarifying the terms of rent agreement in such situations can help prevent future bottlenecks.

  1. . Go for Sustainable

Almost every business out there is making environment-conscious decisions now. It is fair to assume that investing in a commercial construction project in

Faridabad that combines present-day facilities with sustainable features will

minimize several overhead expenses and be in tune with the future of properties. So, keep this in mind when browsing for real estate in Faridabad.

Looking For The Best Commercial Construction Projects In Faridabad?

Consider Galaxy Magnum Infraheights Ltd.

Galaxy Magnum Infraheights is a leading developer in the Indian real estate market. M1 Trade Tower is one of its ongoing projects located at Mathura Road, Sector 37, Faridabad.

Designed as a futuristic business nerve center, the M1 Trade Tower is one of the most innovative commercial construction projects in Faridabad. It comprises of an elegant combination of luxurious office spaces, an exquisitely planned retail

zone, hi-tech facilities, and energy-efficient business support systems. The property is located within a walking distance from Badarpur Metro Station and stands adjacent to Mohan Cooperative Industrial Estate.

With three-level basement parking, sleek spaces, round-the-clock security, and prime location, M1 Trade Tower has everything that a modern-day property

investment desires.

To know more, contact our team.

Source Link: https://www.galaxymagnum.com/4-ways-future-proof-your-investment-commercial-construction-projects-faridabad