New Commercial Project for Investment in Delhi: Why It's the Right Time to Invest

Introduction

Delhi has always been the center of attraction for companies and businessmen, being the capital of India. Since Delhi's infrastructure is continuously developing, its economy is ever-growing, and its geographical location connects almost every part of the country, it possesses an ideal atmosphere for commercial investment. An array of new commercial projects promises excellent returns on investment and is apart of the long list of exciting new developments in the city. So, be it the expansion of a business, setting up an office, or simply investing in a high-return property; Delhi's new commercial projects need to be considered.

In this article, we will delve into the reasons behind the attractiveness of these new projects and why this is the right time to invest.

Why Delhi's Commercial Real Estate Market is Thriving

There are a set of reasons which explains why Delhi's commercial real estate is thriving. These factors include rapid urbanization, economic growth, and increasing the number of multinational companies. Following are the top factors driving this boom:

1. Strategic Location

Its geographical positioning provides access to Delhi for some major business markets both domestically and internationally. It has an excellent transport system with good road networks, airport facilities, and metro services interlinking major business cities in Gurgaon and Noida, among others.

2. Growing Economy

With its strong economy and the presence of every industry-from IT, retail, and e-commerce to manufacturing-Delhi is back on track in the economic corridor of India. This growth continuously inspires demand for commercial spaces and opens up investment avenues.

3. Catch the Emerging Business Hubs

Apart from traditional commercial hubs like Connaught Place and Nehru Place, new districts are coming up, such as the place of Aerocity, Dwarka, and a piece of South Delhi. All this is rapidly turning out to be an ideal destination in terms of commercial projects. Such fresh districts are coming equipped with state-of-the-art facilities and are going to be the addresses for established corporations and startups.

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Best New Commercial Projects in Delhi

If you are planning on investing in the Delhi commercial market, then here are some of the up-and-coming projects attracting all the right eyeballs for all the right reasons:

Raheja The Delhi Mall offers unparalleled accommodation in NCR, where you can find shopping, movies, and stalls in Central Delhi. The Delhi Mall has the largest cinema in India.Cinema has 9 screens to give guests a unique experience. There are also children's theatres, 4D movies, and 4K theatres. With the development of this commercial infrastructure in Delhi, companies and entrepreneurs buying commercial spaces here will be able to enjoy wonderful exposure and great traffic.

Devika Sadar Bazar is an exciting Ready to Move commercial project located in India's largest trading hub, Sadar Bazar, Delhi. Developed by the renowned Devika Group, this project is set to redefine the commercial landscape of the area. With Delhi RERA approval, Devika Sadar Bazar offers a secure and promising investment opportunity.

Migsun Rohini Central, the ultimate commercial Retail space in Rohini, Delhi. Located in Sector 22, this vibrant destination offers a wide range of high street retail shops, a food court, and exciting entertainment options. Whether you're a business owner looking for a prime location or a shopper seeking a unique experience, Migsun Rohini Central has something for everyone.

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Why Invest in New Commercial Projects in Delhi?

New commercial project investments in Delhi present numerous benefits for both domestic and international investors. Some of the major reasons that Delhi is a lucrative platform for investment decision-making include high potential return on investment.

Probably the biggest advantage of investing in commercial real estate is the high return on investment. Due to growing demand for office space, retail outlets, and co-working hubs, the rental and resale values of commercial properties in Delhi are further expected to appreciate over the next few years at a steady rate. Thereafter,

2. Flexible Payment Schemes

Various new projects have flexible payment plans. In this way, they make financial management easier for the investors. Some of the developers come up with phase payment schemes through which you need to pay in phases, hence decreasing the initial burden on investors.

3. Long-Term Capital Appreciation

Commercial property in the best location appreciates faster compared to residential properties. As Delhi is continuously working on reinventing itself, places like Aerocity, Okhla, and South Delhi have very high capital appreciation, thus promising long-term financial yields from every investor. 4. Demand for Modern Workspaces

These are the reasons why, with the emergence of digitization and remote working, there is an increased demand for modern and flexible workspaces. Coworking spaces are gaining momentum, especially among startups and small and medium enterprises. Investment in such commercial projects would therefore ensure sustained demand and a stable rental income stream.

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Things to Consider Prior to Investment in a New Commercial Project

Therefore, prior to venturing into commercial real estate, an investor should bear in mind the following prime aspects:

1. Location

The site where the development is selected and chosen plays an important part in determining how successful your investment will be. The property should preferably be situated in a place which can easily be reached and found from the centres of business and where necessary infrastructure is available.

2. Market Trends

Understanding market trends can help you make an informed decision. Certain sectors that are growing now, such as IT, retail, or logistics, show what type of commercial property is in demand.

3. Legal Documentation

Ensure that the property is properly approved in all legal respects, including zoning clearance and RERA compliance, among other certifications. Not doing this may get you into trouble later.

4. Developer Reputation

His good name should be checked along with his previous projects, so that you can determine whether he delivers quality and timely developments. Well-known developers like DLF and Bhutani Infra have a good track record and hence are a bit safer to invest in.

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How to Invest in a New Commercial Project in Delhi

Investing in a new commercial project in Delhi can be hassle-free if you follow the steps given below:

1. Market Research

Start by researching the best commercial projects along with developers in Delhi. Understand the different types of commercial spaces available, such as office spaces, retail outlets, and co-working hubs. Then, evaluate which one fits your goals of investment the best.

2. Visit the Property

Physically visit the property site, if possible, to have an idea about the location, infrastructure, and amenities. The physical inspection will provide a better understanding of the potential of the project.

3. Assess the Return on Investment

Research the trends of the area concerning rentals, appreciation rates, and occupancy. Areas like Okhla and Aerocity tend to yield a higher return on investment because of their proximity to business areas.

4. Consult a Legal Advisor

Engage the services of a legal consultant who can check if the documents of the property are in order. A legal expert will ensure that these documents are processed according to the local rules and regulations. In this way, legal due diligence will save you from unnecessary hassles in the coming years.

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Conclusion

The Delhi real estate market is teeming with potential, and the new commercial projects come with lucrative opportunities for the investors. With proper research, proper planning, and the right strategy, you are bound to book a commercial property which assures of high returns and long-term growth. From an entrepreneur willing to expand his business to a decent investor seeking a reliable source of income, the new commercial projects in Delhi remain a goldmine awaiting exploitation.

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Frequently Asked Questions

1. What is the tentative price quote that one could expect to pay for a commercial property in Delhi's new projects?

The base prices vary from location to location and developer to developer. It starts from ₹50 lakhs onwards to ₹5 crores for projects in the high-end category.

2. Are there any tax benefits with respect to investments in commercial property?

Yes, you can avail tax benefits on loans taken for commercial properties, and you can deduct the expenses related to the maintenance and depreciation of the property.

3. How to choose between office space and retail space for investment?

It depends on the type of tenants you want to attract. Retail usually offers more footfall, but office space gives you stable and long-term rentals.

4. What is the risk involved in commercial real estate investment?

Market fluctuation, legal complexities, and delayed delivery of the project by the developer are some risks. But thorough research and legal due diligence can overcome the risks.

5. What is the best time to invest in commercial property in Delhi?

Now will be the best time considering that demand for modern workspaces is rising amidst the emergence of the best locations and a steadfast economic boom in the Delhi region.

Dheeraj Maurya is Seo Executive at Orion Realtors.