Here’s why commercial real estate will remain a top choice for investors

Despite the setbacks suffered during the covid-induced pandemic over the past two years, the commercial real estate sector is now looking positive. The commercial real estate market is doing exceptionally well amid the reopening of offices and the economy moving forward. Real estate industry experts believe that commercial properties are safe assets and can be a source of rental income. So what makes commercial real estate investing the most advantageous investment option? Experts are trying to decode this.

According to Subhash Goel, MD, Goel Ganga Developments, commercial real estate is preferred over residential real estate as it offers higher rental returns. The commercial real estate market is doing exceptionally well amid the reopening of offices and the advancing economy.

“A significant portion of the workforce is returning to offices, IT companies and startups are actively seeking workspaces, and e-commerce is driving demand for warehousing. Reputable builders are leveraging technology heavily, which has become an essential tool in the commercial real estate market,” said Subhash Goel.

He added that as we move forward, the outlook for this sector looks extremely promising and the industry will bring more promising results.

Nakul Mathur, MD, Avanta India says that commercial real estate has gained prominence as a preferred investment choice as it offers better returns on investment.

“Offices are the most sought-after investment vehicle in the commercial segment, with coworking spaces driving the trend. The region is experiencing healthy business expansion with strong demand from IT-ITeS, BFSI, lawyers and boutique firms. Flexibility has become the buzzword in the commercial real estate industry and hybrid workplaces are attracting business,” said Nakul Mathur.

Going forward, there will be a greater focus on providing flexible office space that meets the demands of changing work patterns and helps companies reduce operational costs by investing in spaces that meet the needs of modern workplaces in a safe and healthy environment, he added.

Mukesh Goel, Partner, Auric Group, said: “Rising entrepreneurship, industrial growth, opening of business parks and development of economic zones in suburbs like Faridabad have also become multipliers. of growth that encourage demand in the segment. NRI investments are flooding the commercial real estate sector.”

In addition, the Indian government has implemented several reforms in the commercial real estate sector, such as the RERA. With all these changes, the commercial real estate sector will be a great investment opportunity for investors shortly, he added.

Real estate has long been a safe investment option for traditional investors in India. It continues to attract investors, given the good yields and impressive growth prospects.

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