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Retail Shops in Sohna Gurgaon
Posted: Sep 29, 2024
Sohna Road, Gurgaon has emerged as one of the top commercial hubs in the city. It is serving with strategic location and enhanced infrastructure; thus it is becoming the central hub for all businesses requiring proximity to major areas such as Cyber City, Golf Course Road, and the Delhi border. Commercial society shops in Sohna Road, Gurgaon have witnessed an exceptionally popular trend in this area due to the residence population coupled with the growing demand for local services.
2. Real Estate Boom in GurgaonReal estate in Gurgaon has witnessed an explosive boom over the last few years, with a general feeling of commercial and residential growth. Among these, the most sought-after investment destination has come to be known as Sohna Road. It needs little mention that with growing corporate representation along with the inflow of new residents, there is an increasing need for commercial spaces like society shops. Investors are more and more investing in this region because there is much opportunity for giving back high returns upon investment, particularly as more businesses begin in the region.
3. What Are Commercial Society Shops?Commercial society shops are retail or office spaces available within residential complexes or societies. Such shops are made to fulfill the day-to-day needs of residents by providing them with products and services like groceries, salons, medical clinics, cafes, etc. The advantages of these shops are that they are closer to an assured customer base of residents residing in or around the society. Compare this with independent shops. Commercial society shops in Sohna Road Gurgaon have security and infrastructure support from the residential society, making it an ideal location for small businesses and service providers.
4. Why Sohna Road for Commercial Shops?Sohna Road is strategically located close to many main areas of Gurgaon. Its connectivity to NH-48 (Delhi-Jaipur Highway), Golf Course Extension Road, and Southern Peripheral Road makes it an ideal location for those businessmen seeking access to a large market. Furthermore, the rapid growth of infrastructure, such as new residential societies, malls, and office complexes, has enhanced the commercial potential of this region a lot. Accessibility to both residential as well as corporate clients enhances its appeal as a business destination.
5. Advantages of Having a Commercial Shop in Residential SocietyResidential societies with commercial shops have many benefits. The most important advantage is a pre-existing customer base because a resident might prefer carrying out most of the purchases within the block for his or her daily needs. Such shops are also convenient for traders as they avoid the prospect of competition from various large malls or high street retail outlets. Being located in a secure and gated environment makes it safe also for the shop owners as well as their customers. This added feature of safety.
6. Sohna Road Commercial Shops Types AvailableWhile there is a great scope for commercial society shops on Sohna Road, perhaps retail outlets are the most common commercial society shops as people require a great deal of products at one point in time for their daily lives. There is quite some potential for cafes and small restaurants that can sprout up to cater to both residents and office-goers. Some societies offer office spaces in small businesses or professional services like doctors, lawyers, and accountants.
7. Commercial Shops in Sohna Road SocietiesFully equipped with modern amenities, both for the shop owner and the customer, the commercial shops on Sohna Road are alive with contemporary looks and often feature ample car parking, CCTV cameras for proper security, and well-maintained surroundings. There's also a modern twist in design and architecture for these shops, often designed to blend in with the aesthetic of the very residential societies they operate from. Functionally, this makes them attractive, but aesthetically appealing as well.
8. Things to Analyze Before InvestingCommercial society shops investing demands various aspects of considerations. Location is prime: shops located closer to the entrance of societies will tend to attract more footfall. The amount charged per square foot, the approximate yield from rental, and the area's long-term viability are key aspects that need to be considered. Furthermore, investors must ensure the shop complies with the local zoning regulations and building codes.
FAQ What is the rental yield for commercial shops on Sohna Road?Rental yields vary between 6-8% annually, and they also depend on the location as well as the size of the shop.
Is Sohna Road a good place for investment in commercial property?Yes, Sohna Road is viewed as the best place for commercial investment due to the development of infrastructure and rising demand from residential as well as corporate sectors.
Which type of businesses can be operated effectively in commercial society shops?Retail shops, cafes, and professional services like clinics as well as saloons would prosper in commercial society shops.
These shops are generally situated in gated residential societies, so these shops are perfectly safe to operate within the places, both for the shop owners as well as for the customers.
How does Sohna Road compare with other commercial areas in Gurgaon?Sohna Road allows a mix of residential and commercial growth, making it comparable to other spaces like Golf Course Road and Cyber City but often at a more accessible rate.
As is the case with the purchase of any other commercial society shop in Gurgaon, ensuring clear titles on property and fulfillment of local zoning requirements and obtaining business running permits would be required.
About the Author
Dheeraj Maurya is Seo Executive at Orion Realtors.
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