Real Estate is today counted as one of the most secure businesses ones can invest in. This Real Estate industry unlike other markets does not change suddenly or regularly. This way we are aware of the amount we need to save in order to invest in it. India, in the recent few years, has seen a drastic cut down highly influenced by either demonetisation, RERA, COVID-19 pandemic, or the introduction of GST. Reacting to these unavoidable transformations still the real estate industry has to give applaudable results. This year 2022 we can say that his industry is still flourishing with new and innovative ideas and solutions.
With a completely new look in the industry, it has unlocked countless opportunities. Today there is more transparency and obedience in the industry in comparison to years back. As per Savills India, the demand for the real estate industry is expected to rise above 15-18 million sq. ft. by 2025. Also read – RERA Registered Commercial Space Projects in Sector 18 Noida
There are various types of commercial properties that today we invest in. In commercial real estate, let us tell you more about three different types of commercial properties:
- Industrial Commercial Space:
The spaces that cover all industrial activities starting from production to manufacturing units for the business are called the Industrial Real Estate. In comparison to the past cycle of India’s economy Industrial Real Estate has performed really well with its low entry cost and flexibility. heavy manufacturing spaces, cold storage facilities, showroom bulk, flex warehouse, etc are some examples of Industrial Real Estate. Also read – Real Estate is the Best Investment in India in 2022
- Retail Commercial Space:
Retail commercial spaces are mostly located in the hub area or the heart of a commercial area of the town. Retail real estate is those that work to provide products and services directly to customers. These commercial spaces are easily accessible for the consumers in comparison to the rest as these spaces are located in the heart of a commercial area. Shopping centres community retail centres, power centres, and regional malls are some examples of Retail commercial space. Also read – Best Ready to Move Commercial Office Space in Delhi NCR
- Office Commercial Space:
Today, there is more than enough demand for Office commercial space due to its multi-tenant capacity. It’s not very tough to find office commercial properties to invest in. There are a lot of business-specific locations that provide types of office commercial properties. Also read – Best Food Court and Entertainment Zone Spots in Noida & Delhi NCR
In this era of competition Wave, One located in the commercial hub of Noda sector-18 is doing an excellent job in providing every type of commercial space you would like to invest in.