59.79 Sq. Yd
The rental yield for commercial property is usually between 7% to 11%. In contrast, the yield for residential property is much lower at 3% to 4%. With the falling returns on equity, Fixed Deposits, Mutual Funds & Bonds, the commercial rented property gives the benefit of both appreciation and recurring income.
The demand for office space in India is likely to stand at around 200 million square feet over the next five years.
The possibility of diversifying one’s portolio, the sheer pride of ownership and the benefits of the longer lease period are the other reasons why an investor should look at commercial real estate investment.
You do not only make a profit on the sale of appreciated commercial property — the rental cash flows of a well-located office are also considerable.
Finally, investing in commercial property is the best investment opportunity with high-returns.
The complex shall have dedicated areas for amenities such as Gymnasium, Clubs, banks, Specialty Cuisine Restaurants (Indian, Chinese and Italian etc.), 24/7 grocery store, Book Shops etc within the complex.
SCO will cater to approximately 5 lakh people expected to shift-in next 3-5 years horizon, in the projects ready to be delivered in future. Almost 50,000 families are living within 5 km radius.
The project offers an adequate surface car parking facilities. Basement+Ground+4 floors shop cum offices (SCO). Dedicated services areas for retailers.
Excellent connectivity to NH 8, Dwarka Expressway (NH-8A), Residential sectors of New Gurgaon.
Average Target rentals based on market feedback and product positioning is expected to be Rs 60/- psft (average of all floors).