Commercial property can be a lucrative investment opportunity, offering steady income and the potential for appreciation. If you are considering investing in commercial property, there are a few key things to keep in mind.
Condition and age of the property
A newer property may require less maintenance and be more attractive to tenants, but an older property may offer more character and charm. Our commercial property in Whitefield is a new property, well-maintained and offers a great combination of modern amenities and classic charm.
Tenanted or Non Tenanted
You should check whether the building is already rented out to a person or not. If the property is already tenanted, it is less riskier which is a breeze. But you must check the rental agreement with the current tenant to see the conditions of the rent and the rental escalation and the number of years the tenant is willing to carry on the business. If it is for more number of years, then it would be hard for you to increase the rents. We have a registered agreement with a reputed Co-Living company, with rentals of 6% per annum.
Lease Conditions
It is also important to carefully review the rental agreement and understand the terms of the lease. Our commercial property in Whitefield comes with assured rentals of Rs. 1.6 Lakh per month and after three years, the investor will receive 20% of the share of rentals in the property. This offers investors a steady stream of income and the opportunity to share in the future success of the property.
Legal Title
In Bangalore it is essential to check for BBMP approval and if there is an occupancy certificate for the project. Our commercial property in Whitefield has perfect titles, so you can be confident that your investment is secure.
Location
If the location of the commercial property is in a prime area, the rentals would be stable and constantly increasing. Since Vishuddh Tranquil is in a prime area in whitefield where there are many schools and apartments, this is where the main business happens. This would be a safe investment. A property in a prime location is more likely to attract high-quality tenants and command higher rent. Our commercial property in Whitefield, with Google coordinates , is located in the heart of Whitefield
Overall, commercial property can be a great investment opportunity for those willing to do their research and understand the market. If you are interested in learning more about our commercial property in Whitefield, please don’t hesitate to contact us for more information in the form below. We have another commercial property where TATA Westside, HomeTown and other reputed tenats are there near Yelahanka, to read more about it, click here.
