Addressing the topic right away, you must be wondering why people invest in commercial real estate at all. In fact there are multiple factors that lead to people trying to invest in options that are safer as compared to the others available in the market. For instance, people want to have passive income for the family in addition to having a strong pool for diversification. It has also been noted that it is a tax efficient way of investing the money. Quite recently, it has been observed that the Millennials from Bangalore, Delhi, Mumbai and Pune are quite drawn towards the commercial sector. With a rapid speed, Delhiites are becoming more alert and curious about the commercial domains.
If the survey conducted by MYRE Capital is to be believed , about 53% of NRI investors are millennials. The rest of the percentage is divided between investing in residential properties and Shop cum Office spaces. It is actually a very interesting survey because it tells us about the investment practices by new age investors. Presently, it has been observed that people are not willing to take up risks and want to invest in the commercial sector because they do believe in its reliability factor and the transparency with which it comes in front of the customers.
When certain youngsters were interviewed about this practice, they have actually expressed that they do invest in the commercial because in times of economic instability, It has always emerged as a safer option. Moreover, with technology entering into the domain, it is easy for people to invest through the digital oriented approach. The documentation process has been made quite easy in recent times and hence young people can track their investments and progress with a single click. And if somebody really wants to generate passive income, it’s really easy for them to explore the options available for them and make the choice according to their budget and requirement.
For high salaried professionals, there is always a requirement for finding avenues to multiply one's income without actively working in their retirement plan. Investments in commercial sectors then comes as a rescue for them. Futuristic investment platforms using technology are being created to encourage more and more investments from these sectors of youth. It would probably not be wrong to assume that the future generation belongs to those who are mindful about knowing what to do with the money that they have in their bank account, rather than keeping it as a passive resource. It is an intelligent choice instead to invest in the commercial sector that can give you great returns for yourself and yours. If you want to educate yourself further on how the commercial sector operates, and how you can also invest in the same, you can get in touch with Geetanjali Homestates Private Limited, an expert team who can give you the best advice regarding the same.