Commercial Property Investment In Pune – Investing in commercial property in Pune requires a lot of research. Because of the cyclical nature of businesses, it’s important to get the basics right in the beginning. The most important aspect of choosing a commercial office space for sale in Pune is its location. As Pune has developed rapidly over the past decade, many areas that were considered suburbs are today commercial hotspots. The IT boom, top educational institutions, smart city initiatives and low investment costs (compared to Mumbai) have all made Pune a favorite for business ventures. Choosing a location for a commercial store for sale in Pune requires research about the neighborhood’s captive audience. The wrong workplace setup can negatively impact your operating costs as well as your long-term ROI. With the above in mind, let’s take a look at some of the best commercial real estate locations in Pune. 6 Best Places to Own Commercial Property in Pune 1. Baner Located in Pune West, Baner is one of the most preferred commercial real estate locations in Pune today. Baneri is an excellent choice for commercial office space in Pune due to its proximity to the Mumbai-Bengaluru highway and easy connectivity to Aundh, Balewadi, Wakad and Pune University Road. Hinjewadi IT Park is a short distance away and many IT professionals live in spacious houses in Baner. Be it an entire office space or a smart retail space, simply translated banners are your key areas with fantastic ROI potential. 2. Kharadi is the fastest growing location of Pune East; Kharadi is a short distance from Pune International Airport. From IT companies and ITeS services like EON IT Park and World Trade Center to hospitality and retail, Kharadi is the leading choice for business space seekers. The location is also connected to some of the most expensive areas in Pune like Koregaon Park, Kalyani Nagar and Viman Nagar. In fact, with the ongoing Pune Metro project, Ramwadi, which is close to Kharadi, will be connected to Kothrud quickly and efficiently. 3. Wakad Playing second fiddle to Aundh’s elite position for many years, today Wakad has carved out a strong identity for itself. One of the closest locations to the Hinjewadi IT Park, Wakad is a short distance from the Pune-Mumbai Expressway. Wakda has received a boost in the commercial real estate market due to the exemplary roads connected to the industrial areas of Chakan and Talegaon. With a captive population of IT professionals, top schools and quality of life, Wakad’s growth potential is unparalleled. 4. Hinjewadi Home to the famous Rajiv Gandhi Information Technology Park that put the city on the global map, Hinjewadi is today one of the most popular locations for business offices in Pune. TCS, LTI, Infosys, Cognizant, Synechron, Wipro etc. Global multinational companies have set up big campuses in Hinjewadi. With a swelling IT-related talent pool, the sector has also seen significant growth in hospitality, entertainment venues and retail outlets. Simply put, this is a place where business investment will grow exponentially in the coming years. 5. Mundhwa Pune One of the late bloomers in the East, Mundhwa Koregaon Park is minutes away from Kalyani Nagar and Hadapsar. Technology hubs like Magarpatta and Kharadi are far away. The area has good schools and quality healthcare and surprisingly affordable business prices compared to neighborhood property prices. 6. Pimpri-Chinchwad Today, Pimpri-Chinchwad is a center of trade and economic activity. Asia’s largest MIDC is also located here. Along with Pune, Pimpri is one of the largest industrial areas in India. PCMC has long been known as a dynamic industrial hub. It has 4000+ industrial units including several multinational companies and some of the largest companies in the Indian automotive sector. Kohinoor World Towers is one of the best commercial properties in Pimpri-Chinchwad, a globally benchmarked workplace for world-class businesses to showcase their success. With iconic architecture, functional design, world-class luxury and privileged amenities, your productivity will increase and your corporate image will rise to the elite league at KWT. Alla is the best place in Pimpri for business. Related Post – How to Buy Commercial Property in Pune? Overcome the Challenges of Choosing a Commercial Property in Pune With so many commercial properties for sale in Pune, it’s best to get answers to these 5 questions before investing in any new commercial projects. As discussed at the beginning of this article, location plays an important role in commercial real estate investing. Whether you are looking for large office space, smart retail space or luxurious showrooms, these top commercial real estate locations in Pune are sure to have something to suit your needs. It is very important to understand the 5 factors that determine the price of commercial property in Pune. Therefore, whichever location you choose – depending on your specific needs – your rental income and/or return on investment (ROI) will always be positive in terms of profitability. Related Post – 10 Things to Consider When Buying Commercial Property
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Commercial Property Investment In Pune
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Investment In Pune Real Estate: Benefits Of Buying A Property In Pune
Reasons for your startup to rent premium office space in Pune Whether you are planning to start your startup or already… Over the years, Pune has become one of the most popular cities to live in India. The real estate graph in Pune is rising. A large number of local, national and international real estate developers are developing commercial projects in Pune. Due to the expansion of the city, commercial properties in Pune have also increased the demand from real estate developers. It is also used in office spaces and retail spaces – shops, restaurants etc. Investment trend in commercial properties increased.
Every major suburb of Pune has one or the other popular shopping mall for sale and the demand is still increasing. Every day, new commercial projects with office space and shops are added to the development.
IT and software business is booming in Pune city and many businesses including investors have turned to set up commercial shop in Pune city. Deciding to buy commercial property in Pune can be the best decision for your future.
An attractive factor in buying one of these commercial shops for sale in Pune is the potential to give you a high return on investment. Any commercial office space or shop is expected to have a minimum annual rental yield of 10%. Goyal Ganga’s Sangria, Ganga Trueno at Mohammadwadi/NIBM Annexe and Viman Nagar promise much appreciation in the future. Also, current rent growth trends are heavily influenced by property type, location and timing of purchase. There are business opportunities in both Mahamadwadi and Viman Nagar.
Reasons To Invest In City Plaza Future Of Chakan
A top class commercial space in Pune can fetch you 10-15% p.a. There are many factors to consider when buying a commercial shop, including location, quality of construction, age of the property, facilities provided and current condition. An investor can also take the help of a reputed real estate developer to find out which commercial projects are worth investing in. Also, there is less risk of vacancies for commercial offices and commercial properties are leased for longer periods.
Buying a commercial space in Pune and then renting it out will keep the cash flow in your account steady. Chances of your investment getting blocked in Pune are very less.
Buying commercial property in Pune will definitely lead you to a profitable venture. Mahamadwadi and Viman Nagar are prosperous areas and any leisure business venture will do well. Both the Sangria and the Ganga Trueno have been designed keeping in mind the needs of the modern age.
If world-class infrastructure is what you are looking for, you can invest in one of these two business locations. These professional projects give you an opportunity to get your foundation right and experience a world-class work environment. This is the right time to invest in any commercial property for sale in Pune. Commercial space ownership is expected to triple as the days go by.
Can Nri Investors Buy Commercial Property? Here’s All About It
Goyal Ganga Development is one of the most trusted real estate developers in Pune. It is a diversified business group with business ventures in numerous sectors such as education, logistics and energy. We are known for our time-tested commitment to detail, innovation, reliability and value. Although the real estate market has seen slow growth over the years, Pune’s real estate market is stable and different from its neighboring city of Mumbai. . Demand for accommodation in the city is increasing from IT professionals. Similarly, professionals who have migrated from other cities also come to Pune
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