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Commercial Property for Rent in West delhi - Shop for lease in West delhi

Commercial Property for Rent in West Delhi - Shop for lease in West Delhi


West Delhi is one of the 11 administrative districts of the National Capital Territory of Delhi in India. Administratively, the district is divided into three subdivisions, Patel Nagar, Rajouri Garden and Punjabi Bagh.

West Delhi is bound by the districts of North West Delhi to the north, North Delhi and Central Delhi to the east, South West Delhi to the south, and Jhajjar District of Haryana state to the west. Major residential and commercial areas of Delhi like Janakpuri and Tilak Nagar are located in West Delhi.


Location

Location is everything. Commercial properties provide returns through two avenues— rent and capital appreciation. Both are heavily dependent on the location. Look for locations where vacancy is less than 5%. This will mean that supply is in check and tenants are less likely to vacate, leading to higher rents and capital appreciation. A high vacancy location gives tenants options to move and renegotiate rents.


Business Growth Potential

If you’re thinking of buying commercial propertyor commercial property on leasein Delhi West for business then this is another necessary factor that you need to consider. For business, we typically search for such a place that includes a powerful neighborhood. This is necessary as well and it can affect you in many ways. You should never buy premises that are either too big or too small.


Area Zoning

Buying a property that’s properly zoned for your business need is extremely important when you are buying a property particularly for business. It is vital to check industrial zoning for factories, commercial zoning for offices and retail zoning for shops. Also, you’ll get your property rezoned by considering the other factors and prices.


Quality of tenant

 

A good tenant can significantly increase the value of a commercial property for rent . Looks for any multinational tenants and avoid smaller and unknown companies. Good tenants pay rents on time, pay higher deposits, stay longer and increase the value of the property

 


Market watch

Understand the economy and market situation at the moment you are planning to buying commercial property. This will help you assess if it is the right time to invest or not. Ideally, buying when the market is at a low, is a sensible choice so you can bargain better. You could possibly look at the job and investment market too. Check if there is sufficient demand for office and retail space in the area.