The Millennium city – Gurgaon, is among few cities in country that has faced rapid development in terms of infrastructure and economy. With population estimates of 15.14 lakh living here, city provides best bet for all those who want to buy properties in and around Delhi NCR. The well-laid roads, amenities, high-end infrastructure, connectivity to other cities, have attracted investors towards Gurgaon real estate. The metro rail connects Gurgaon to capital city Delhi, which is other major factor contributing in real estate market. The Pataudi Road Gurgaon has attracted many investors and builders to launch new projects, and making it hotspot in real estate domain. From Industrial to Retail and Commercial Real Estate, people can buy properties easily here. Here’s help on how you can buy commercial properties in Pataudi Road:
Location is number 1 issue, as the location needs to be convenient for suppliers, vendors, workers and customers. To choose proper location, think what kind of business you want to run and how accessible the location is to rail lines, highway, public meeting areas, big draw attractions nearby, etc. The properties in Pataudi Road Gurgaon tick this point, as location is accessible here and has plenty of options as public meeting areas.
Physical condition :
After identifying location, consider physical condition of that location, including how property was used, whether there is any environmental issues, wear-and-tear, potential liability issues and more.
Allowable uses :
Choose appropriate building as per your business type. For example, if you are manufacturer, you need industrial space and for accounting firm, you need commercial office space. For this, you have to make sure that zoning allows you to do what you want to do on the property. Also, don’t forget to know whether project is licensed as per Zoning Law or not; because this law impacts critical business decisions such as making improvements in existing property or purchasing property. However, properties on Pataudi Road give you this freedom of what you want to do with your property.
Limitations on exterior and interior :
Due to zoning laws, there can be limitations to alterations that you can make to the property. For example, a building which is in historic area can be subject to restrictions. Here’s takeaway: sometimes there are high area-maintenance charges which doesn’t suit the commercial establishments, so here’s homework to be done before purchasing property. You should know about the maintenance charges and analyze whether charges are reasonable.
Facilities provided :
While purchasing commercial property note what type of facilities are being provided such as high-speed elevators, good infrastructure, well-plan building management system, parking, and more.
In the end, make sure that buying commercial property is right for your business for long term. Think carefully about what could happen in first 12 to 24 months after you buy a property, and act wisely.