Are you planning a commercial real estate investment in Zirakpur? Have you evaluated your options?
A thriving hub for commercial and industrial development, Zirakpur is the leading choice for investors. If you are eyeing the best commercial property in Zirakpur, we are happy to help you. Here is your step-by-step guide to choosing the best commercial property in Zirakpur.Also, know what makes Motiaz Plaza Baddi an investment worth considering.
Here we go-
Step 1- Assess your needs
Before you navigate the real estate market of Zirakpur, assess your needs. Firstly, consider the space requirement. How much space do you need? Are you planning to expand your business and might need a larger space in the future? Having a small space might hamper the efficiency of your business operations, but a large space equals extra expenses.
Secondly, consider the type of commercial space you need. Do you need a retail location, a warehouse, or an office space?
Step 2- Decide your budget
Once you know what you need, figure out how much you want to shelve out.
A commercial property investment is easier said than done. It is multi-faceted and requires certain considerations on the financial front. Here are some budget and financial factors you must evaluate-
1. If you wish to buy the commercial property, consider the down payment. In most cases, it is generally 20% to 25% of the total cost.
2. If you are renting the property, consider other expenses, such as maintenance costs, utility costs, and insurance, along with the rental costs.
3. Keep it in mind that you might also incur hidden charges, such as service fees.
Step 3- Find the properties
Once you have a clear budget, start looking for properties that fit your budget. Create a list of the best commercial properties and evaluate them based on important factors, like location, connectivity, and neighborhood.
1. Location- If you choose a commercial property in a prime location, it will positively impact your business.
2. Connectivity and neighborhood- Buy a property at a location that is well connected to the important areas of Zirakpur. Properties having retail centers, entertainment centers, food joints, etc. always bring big profits. Additionally, select a property that is closer to the airport or railway station.
Step 4- Check the amenities and facilities
After shortlisting 3-4 properties that fit your budget, location, and connectivity criteria, evaluate their amenities and facilities. A top-notch commercial property in Zirakpur should offer:
1. Modern amenities: high-speed internet, power backup, CCTV surveillance, parking, gym, outdoor space, and elevators
2. Basic utilities: clean water and electricity
Properties with premium amenities yield better returns on investment and can impact your business. So be thorough in your evaluation.
Step 5- Evaluate the growth potential
Evaluating the long-term growth potential of a commercial property is necessary because commercial investments are huge.
Investing in any property in Zirakpur is a beneficial prospect as this city is growing with leaps and bounds. But ensure you consider factors like infrastructural development in nearby areas, vacancy rates, real estate trends, etc.
Motiaz Plaza Baddi- The best commercial property in Zirakpur
Conveniently located at Baddi’s industrial hub and minutes away from Pinjore-Nalagarh National Highway, Pharma Hub and Chitkara University, Motiaz Plaza Baddi is the best commercial property in Zirakpur.
Backed by a renowned name, this Motiaz property offers premium commercial spaces designed to meet the tailored needs of businesses. A blend of innovation, modernity, functionality, and practicality, these spaces echo the principles of the Motiaz Group.
The space features a contemporary design layout with all the necessary amenities and facilities that foster the growth and development of a business enterprise.
So, stop giving it a thought and book your commercial property now. Motiaz Plaza Baddi is everything your business needs to take off.
Call +91 72593 72593 and book your commercial property at Motiaz Plaza now.