Tips on buying commercial property for sale in Mumbai

Buying commercial property for sale in Mumbai? You should definitely plan out your purchase in order to reap the most benefits. Commercial property is an investment that is best made with time, effort and knowledge of the market in general. Mumbai has always been a hotbed for commercial property or office space owing to its position as India’s financial capital and business hub. Mumbai is home to almost all possible industries and business conglomerates and has a thriving economy to boast of. From trade and manufacturing to stocks, jewellery, apparel, media, entertainment, films, television, multinationals, FMCG, governmental organizations to banks and financial institutions, ecommerce and retail, Mumbai has it all and more! Mumbai is definitely on top of the sweepstakes ahead of both Delhi and Bangalore in terms of inclusive business potential and availability of infrastructure and other business facilities. Mumbai represents a potentially lucrative and beneficial market for corporates and other organizations. However, there are a few things to keep in mind before you actually finalize any commercial transaction.

When it comes to purchasing commercial property for sale in Mumbai, you should be abreast of locational dynamics and other trends. Always look for property in locations which offer future growth and are witnessing rapid development in terms of social and business infrastructure. You can consider hot office space locations like Lower Parel or the Bandra Kurla Complex in this regard or stick with tried and tested traditional locations like the Central Business District and Nariman Point. You can also check out office spaces in locations like Ghatkopar which offer access to new yet rapidly developing infrastructure and premium commercial projects. You can also check out developments in Thane and Navi Mumbai which offer ample scope of expansion. There are many commercial project options to choose when it comes to buying commercial property in Mumbai. You should choose carefully depending upon the nature of your business, connectivity, location, facilities and infrastructures available, access to social amenities and so on.

You should always decide on the kind of commercial unit you wish to purchase, whether large or small. Smaller commercial spaces are now increasingly available unlike earlier years and this makes it a better prospect for medium sized enterprises and startups. Smaller units between 500-1500 sq ft can be available in top commercial buildings in prime Maximum City locations. Retail space is also available across several locations both in the form of shops or high street outlets.

Share!

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    5 × four =

    Pin It on Pinterest

    Shares
    Share This