Before talking about the advancement of Gurgaon in the sector of real estate and the rising demand of commercial property in the area, it is important to understand what a commercial property is. In simple terms any other property apart from the residential property comes under commercial property.
Gurgaon is known as the millennium city of the country. It is one of the most developed city in the country. Several industries and multinational companies have been set up in Gurgaon. This has led to increase in the population of the city. These set ups require land and space to establish their business. This has resulted in the increasing demand of commercial property in the city. The commercial real estate, Gurgaon is flourishing because as it is one of the attractive business hubs in the city.
The Vatika Group in Gurgaon provides around a space of around 670000 sq. ft. for offices. Facilities like park, ATM, restaurants and cafeterias are provided within the area, thereby making life simpler. It is an emerging group that has carved a niche for itself and has acquired a respectable position in the real estate world.
With the setting up of new companies everyday, the price of commercial properties in Gurgaon is increasing day by day. It is cited to be the best location as it is very close to the international airport and the NH8. The world class properties in Gurgaon are also attracting the foreigners to set up their offices in the city. Buildings have world class architecture and are built from quality material .
Features like proper internet connectivity, adequate parking space and power backup are needed in a corporate sector. The millennium city provides all these services to the people which is one of the main reason for its popularity. The business and IT parks are surrounded by lush green areas that provide a fresh environment to the people.
Points To Remember
- A complete research about the property and a discussion with an expert can help you make a great purchase. Certain points need to be considered before you make up your mind of buying a property. Let us have a look at those points:
- The location of the property should be suitable for your business.
- The area property should be large enough to serve the purpose of your business.
- Before shifting, also ensure that no renovation is required.
- Provision of proper lighting, cooling and heating utilities should be as per your requirements.
- If you are setting up an office, make sure that you can find qualified employees in the areas where you are planning to purchase the property.