Monday, August 29, 2011

Finding a Good Commercial Property in Mumbai

If you are looking for a good commercial property in Mumbai, you have come to the right place. Investment in real estate at any place in Mumbai is bound to bring you handsome returns at this time, courtesy of the booming commercial activity throughout the city. Mumbai has proved itself as the commercial capital of the country in more ways than one; the inflow of international companies here does not seem to die down. Considering the amount of money you will have to put in to acquire a decent property in any area of this bustling city is not a joke. Making an investment in a commercial property should be an informed decision to avoid disappointments or complications in the future.

Places like Andheri, Worli, Lower Parel, Nariman Point, Malad, Bandra Kurla Complex, and Powai are the ‘it’ areas to take a look at. All these areas have different pros and cons, while also possessing some common advantageous factors that make them all the best areas to buy any commercial property. While, commercial space in areas of Nariman Point and Worli may be a bit too expensive for the common investor, they have been the core of commercial activity of the city for decades now. The connectivity boost given to these areas by the start of the Bandra Worli Sea Link is undeniable.

Andheri, and Malad are a part of the Westren Suburbs in the city. While, Andheri has always been popular for commercial property for small and medium size businesses, new commercial complexes have changed the skyline and made trendy office spaces for businesses related to entertainment and IT. The commercial complexes in Andheri are pulling in the most rent and price per square foot for some of the best looking constructions. Malad, on the other hand is stealing the spotlight, thanks to the availability of large spaces of BPOs, KPOs, and other IT giants. And even though the prices for commercial as well as residential property here are at a constant rise, more and more companies are opting to move to Malad.

The Bandra Kurla Complex is also a good option for commercial investment in addition to being one of the most upcoming areas for residential projects. Having awesome connectivity and good location, commercial activity here is vibrant and promising. While finding a good commercial property in Mumbai may seem like a tricky task, with the right research and little help from a good realtor, this process can be made easy and enjoyable. After all, you are definitely going to be earning some profits by making this considerable investment. All you have to do is choose your area and space wisely.

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