Sector 62 Noida, Maasters Infra Noida
IThum Sector 62 Noida
ONE ESTATE SECTOR 62 NOIDA
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The real estate sector is one of the leading sectors globally. In India, the Real Estate sector is the second-highest employment generating sector after the agriculture sector. The commercial real estate market in India is segmented by type (Offices, Retail, Industrial, Logistics, Multi-family, and Hospitality), and key cities (Mumbai, Delhi NCR, Bangalore, Hyderabad, Chennai, and Pune).
By 2025, the real estate sector is expected to contribute approximately 13% of the country's GDP. It is also anticipated that this sector will have NRI investment, both in the short term as well as in the long term and Bengaluru will be their most favoured destination for property investment.
The office market in India is witnessing increased growth since 2017. Major cities like Delhi, Bangalore, Hyderabad, and Mumbai have witnessed growth rates of about 2-3% for the demand for office spaces and these office spaces are mostly demanded by the IT/ITES sector. In the second half of the year 2019, Bengaluru alone has witnessed the highest area of about 0.8 million square meters of new office space completions.
Currently, in India, Organized retailers are a handful and the organized retail space is mostly developed by residential/office space developers. Although, the retail space is observing strong growth lately and is assumed to grow at a rate of 25 to 30% over the next five fiscal years.
Vserve Commercial is your digital resource for buying and selling real estate in Pan India with all current market statistics. We focus on the development and leasing of income-generating commercial real estate for sale and purchase.
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We majorly deal in commercial properties located in Delhi, Noida, Greater Noida and other cities.
Ans: Commercial real estate is a term that comprises important parts of the market such as retail spaces, office spaces and industrial properties. These properties come in different shapes and sizes. These properties include apartments, condominiums, movie theatres, parking lots, industrial floors, warehouses, and retail spaces occupied by big brands, IT companies, MNCs, etc.
In other words, any property which can directly be used for business purposes can be termed as commercial real estate.
Ans: Types of commercial real estate are as follows:
Ans: Yes, a commercial shop is a good investment because of the following reasons: