Friday, 27 May 2016

Looking for Retail Space - Here are the Top Things to Remember

The way NCR region is modernizing and growing is commendable. With each passing day, the satellite cities of Noida, Faridabad, Gurgaon and Ghaziabad have emerged to be preferable business destinations. The property prices too have been swelling up like anything. Be it any segment, residential or commercial, there is no dearth of real estate projects in the regions altogether. In fact, these cities continuously strive to pip others off en route to grab maximum attention of prospective real estate investors/buyers. 

If we talk about Ghaziabad, the city has been taking swift strides in its commercial segment. It is widely known as the gateway to Uttar Pradesh and is majorly an industrial city. The top reasons why commercial spaces in the city are so popular among many are as listed below:
  • Proximity to the National Capital, Delhi
  • The extravagant property prices in Delhi which have compelled buyers to look through nearby locations 
  • Widening of NH-24 from four to six lanes 
  • Well planned infrastructure 
  • Reasonable price rates in comparison to Gurgaon and Noida  Several upcoming and ongoing commercial projects all around the city
If you are contemplating to buy commercial space in Ghaziabad, you must keep in mind the below mentioned points:
  • Accessibility- Of course, this is a major factor which will help you decide about a retail shop space. It should be well connected to nearby and far-flung areas.
  • Check for Facilities- Supportive facilities like Wi-Fi, power backup, car parking, etc. must be always there. Power backup is the most basic amenity which every modern retail space is expected to have.
  • Freedom- Before you seal any deal, make sure that you are familiar with all the local laws, zoning ordinances or shopping center construction that might hamper your business. Try to get as much as information as possible.
  • Availability of Finances- Huge amounts of money is involved in property buying. The best option for finances is the loan. Check whether loans are available for your chosen project or not.
There are many top league real estate developers which have come with amazing commercial spaces. One such realty major is the Wave City. It is one of the India’s largest self-sufficient Hi-Tech City, strategically located on NH-24. Sprawling over an area of 205 acres of beautifully landscaped gardens, Wave Galleria is the first commercial complex launched in Wave City. It is a five-floor shopping complex which has facilities like basement, car parking area, elevators and other public utilities. Thus, if you are looking for a good retail shop space in Ghaziabad, you have a good number of options available forth you to explore.

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