Delhi is one of the biggest real estate hotspots in the country. Commercial property in Delhi is growing at a fast pace. Older sections of Delhi such as Karol Bagh, Connaught Place, and Chandni Chowk have always stayed at the centre of the commercial real estate market.
Commercial property in Delhi can either come in the form of office space, retail space, food and beverages store, space in a mall, multiplex, shop in an SCO market, or just a commercial plot to invest in. One who wishes to invest in Delhi’s commercial real estate market will never fall short of options that fall in his budget. In the areas that only had old-style shops, developers are bringing high-end stores and building malls and multiplexes in the city center. These projects are just in their initial phases of development but once they are complete, the return is going to be amazing.
Unlike the slump in the residential real estate sector of Delhi, the commercial market is still going strong. Rental income from commercial real estate investment is also wonderful. Office spaces have been witnessing a rental yield of 8-9% and retail spaces give rental returns at the rate of 9-10%. This is far better than the 3-5% rental yield of the residential sector. Delhi’s commercial real estate market still has a lot of potential and if you wish to invest in real estate, this should be considered.