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Why are commercial properties gaining popularity?

February 27, 2020 | Silky Malhotra

Why are commercial properties gaining popularity?

Commercial real estate is quickly growing in India, with the demand for commercial properties rising. More and more companies are now going for modern commercial complexes which offer a wide range of amenities. A number of factors have contributed to the popularity of these properties.

  • Productivity: Instead of confining workspaces to the traditional office cubicles, the leading companies now opting for spacious and comfortable office spaces which help to increase productivity. The modern commercial complexes come with features such as gymnasium, on-site cafeteria, playing areas, etc. where the employees can relax and get refreshed. These commercial complexes are quickly gaining popularity and attracting more and more companies and businesses.
  • Open spaces: Modern commercial complexes focus on expansiveness and open spaces. This has become a major attraction for companies and is becoming a trend among commercial real estate developers. Apart from increasing productivity and creativity, such spaces also ensure better communication and enhance the overall workplace environment.
  • Location: Before developing these projects the builders carry on extensive research on how good that region is for commercial activities. Therefore, companies launching offices or shops in such complexes don’t have to worry about connectivity features and marketing problems. For example, Pune and its suburbs have witnessed the development of several such projects in recent years. This is because Pune is a major commercial hub and offers great prospects.
  • Returns: Due to the high demand for such properties, they are also great investment assets. You can easily earn high returns by putting such a commercial property on lease. Several leading companies from various sectors look forward to owing outlets or offices in such commercial complexes. These companies pay quite a lucrative amount of money as rent or lease.

Suratwala Mark Plazzo

Offering a wide variety of spaces for retail shops, showrooms, offices and restaurants, Suratwala Mark Plazzo is a modern commercial complex in Hinjewadi. The prices of these spaces vary from INR 61 lakhs to INR 10.92 crore, allowing the buyers to pick from a wide range of options to buy a property that suits their budget. With an elegant glass façade and classy lobbies, this complex would enhance the brand image of your company. The estate has been landscaped beautifully, with fountains and water bodies. Advanced fire safety equipment, CCTV coverage, and well-trained security staff would ensure the safety of your investment. Purchasing a space here is a decision you wouldn’t regret, whether you need it for personal or investment purposes.

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