How to Find Good Property in Chandigarh

How to Find Good Property in Chandigarh

Property in Chandigarh can only be good if you are able to evaluate and separate good ones from the poor ones. Normally, your success is influenced by your blueprint. If you are able to draw out a good plan, you will succeed and the reverse is also true. Since investing in commercial property is far much better than investing in any other field, you will want to go for the best deals and nothing less. Hence, you might want to consider the following tips in evaluating smart property deals;

Learn the awareness of the insiders

To be successful in business, you need to change your thinking into that of a professional. For instance, you will want to find out mist facts related to the property before you invest in it. Compare it against other properties to find out how mush income you are likely to get from the business. In addition, look at the cash flow and duration of the leases. Finally, decide on the dimension that is more beneficial on your part!

Plan your Involvement

Setting your limits is another ideal step in getting property in Chandigarh. You will have to compare the amounts that you will spend in the deal against that which you will gain. Determine the amounts that you can afford to ensure you do not start with credits.

Choose the good deals only

A good deal is easily known; they allow you to exit from them whenever you want to quit. This also allows you to be keen to look out for damages so they are repaired before you move in.

Chandigarh City Center Zirakpur, commercial property in zirakpur
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Chandigarh Citi Center

Chandigarh City Center Zirakpur Property Investment

Chandigarh City Center Zirakpur Property Investment

So if you are looking at commercial property, here are some tips that might help you.

Location

“Investors need to establish the soundness of the location and its demand/supply dynamics. If they do not engage in sufficient research, they may end up buying into micro markets which have or will have high vacancies,” Nair says. NRIs must ensure that the economy, job market and population growth in the market is healthy.

Type of property

There are different kinds of commercial properties that are available. The popular ones are retail and office spaces. “Till a few years ago, only large units were available in both, making it difficult for a small investor to invest. However, there has been a change and smaller spaces are becoming available,” says Pankaj Kapoor, Founder and Managing Director at Liases Foras Real Estate Rating & Research Pvt Ltd.

“Many developers, especially in cities such as Mumbai, are today offering smaller units of space (as small as 500-1,500 square feet) in Grade A buildings. Investors looking at retail space can now consider a multitude of affordable options in free-standing high street outlets or shops in malls,” 

In fact, if you are looking at buying retail space, it is advisable to look at high street. In a strata sale model, shops in a mall are pre-sold to individual investors. The developers selling a store as a unit and investor can hunt for a tenant.

Out lay and expected returns

Experts suggest that the minimum budget you should have in mind for a commercial investment is Rs 3-4 crore.
Kapoor pegs the rental yield from commercial properties at 12%. Rental yield is nothing but the annual rent divided by the property value. “Often, buyers tend to ignore rental yield and instead focus only on capital appreciation. However, rental yield is a very important parameter as it represents productivity of the price. When you buy a commercial property, make sure that you can get a rental yield of at least 11-12%. An yield of less than that means the property is overvalued,” Kapoor explains.

According to Nair you can expect returns of 10-11% per annum from commercial investment. “Remember, you do not only make a profit on the sale of appreciated commercial property – the rental cash flows of a well-located office or shop space are considerable. Unlike with a residential property, the income that can be generated from commercial property is what determines its value. In other words, the capitalisation rate is actually the measure of the demand for the property. For those who do their homework well, investing in commercial property is a high-adrenaline and high-returns game,” he says.

Due diligence

Like any other property purchase, commercial real estate investing too calls for a fair share of due diligence.

Check the developer credentials, potential for infrastructure development, access to public transport and quality of property management in the project. If you are investing in a retail store, consider the frontage, foot-fall and the dynamics of the adjoining catchment

“If you are an investor looking at an income producing office asset, look at the break-up of cash flows, the vacancy factor, expenses such as maintenance, property tax and building insurance, lease term, lock-in period and expiry dates, long-term capital appreciation potential, and refurbishment, refinancing and repositioning potential,” 

Chandigarh City Center Zirakpur Location

Chandigarh City Center Zirakpur Location

 Situated in the Heart of Zirakpur – On 80Ft. Wide VIP Road.
2. Just 5 Minutes Drive From Upcoming Chandigarh International Airport.
3. Next to the busiest highway of India NH 22, “Delhi-Chandigarh” National Highway.
4. Ready catchment of 1 Lac Resident Families & Nearly 5 Lac City in & around Customers.
5. High Footfall due to its centric location & High Demand, Scarce Supply.
6. Grand Entry / Exit with Secured Boom Barriers & Security Post.
7. Spread in Aprox.10 Acres. Aprox.700 Ft. Huge Frontage.

https://www.google.co.in/maps/place/Chandigarh+Citi+Center/@30.638369,76.819467,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0xf6bdb7d0c16a14c5

Chandigarh City Center Zirakpur Features

Chandigarh City Center Zirakpur Features

1. Situated in the Heart of Zirakpur – On 80Ft. Wide VIP Road.
2. Just 5 Minutes Drive From Upcoming Chandigarh International Airport.
3. Next to the busiest highway of India NH 22, “Delhi-Chandigarh” National Highway.
4. Ready catchment of 1 Lac Resident Families & Nearly 5 Lac City in & around Customers.
5. High Footfall due to its centric location & High Demand, Scarce Supply.
6. Grand Entry / Exit with Secured Boom Barriers & Security Post.
7. Spread in Aprox.10 Acres. Aprox.700 Ft. Huge Frontage.
8. Shopper’s Haven – All Favourite Brands under one Roof.
9. Surrounded With Landscaped Parks / Lush Green Area & Kids Play Area.
10. Run Through Quick Service Lane.
11. Earthquake Resistant RCC Framed Structure.
12. Basement Parking of over 1800 + Cars.
13. State of the Art Waiting Areas.
14. High Speed Lifts in All Blocks.
15. Upto 6 feet wide Common Staircase.
16. Upto 8 Feet Wide Walking Corridors.
17. Ample Natural Air & Light in almost all areas.
18. Multiple Common washrooms on Every Floor.
19. 24 Hrs Purified Water Supplies.
20. Power Backup For Showrooms, Lifts And Street Lights Etc.
21. Sensor / Controlled Lighting & Water Systems For Maximum Conservation.
22. Complete Wi-Fi Enabled Centre / Zone.
23. Round The Clock CCTV Monitoring to ensure maximum protection from Fire & Theft.
24. Fully Finished Showroom / Shop Floors. (Basic Electric Fittings, Flooring, Paint, Wet Points, AC Provisioning etc.).
25. Minimum Loading – Maximum Usable Area. (Maximum Value for your Hard Earned Money)
26. Low Maintenance Cost due to Open Air Retail Plaza.
28. High Rentals Expected Due to High Demand Scarce Supply & Assistance in Lease.
29. Flexible Payment Plans.
30. No Hidden Charges, Complete Transparency.
31. & Lots More…
 Investment Options Starts From as Low as 11Lacs Only.
 Get Assured Return Even on 25%, 50% & 100% Payment.
 Get Assured Return on Every Installment. (SPL.PRO PLAN)
 Monthly Installment Plan. (SPL.MIP)
 Also Get Limited Period benefits & Save Up to 13.43 Lacs.

Space for Shoe Brands Retail Outlets

Space for Shoe Brands Retail Outlets

A man (or a woman) is known by his/her shoes, so no shopping place can be complete unless they have thriving shoe portals.

 At Chandigarh City Center Zirakpur, shoe stores that cater to every taste and pocket will ensure that everyone finds their perfect fit.

Retailing outlets of major brands and local shoe manufacturers alike can find a place for their shoe stores and become bes t selling brands of the future.

chandigarh citi center

Chandigarh Citi Centre - An Open Retail worth Investing

Chandigarh Citi Centre - An Open Retail worth Investing

People are investing a lot in commerical properties these days. And of commercial properties, the main types of commercial properties people are investing in are open-retails and open-retails are usually seen as a safer investment.

As we all know that appearance counts and Zirakpur area of Chandigarh has some really good open-retails. Chandigarh has seen a boost in the investment of open-retails in the last decade and Chandigarh counts as one of the fastest growing sector in economy. People of Chandigarh have been investing in various real estates such as places for offices, malls and flats in the recent time. But open-retails are in a really big trend now. And as mentioned above, the growing number of investments in open-retails in because of them being a safer investment.

It’s time to get in more detail now. Of all the open-retails in Zirakpur, Chandigarh Chandigarh Citi Center Zirakpur stands at the top and is without doubt the best open-retail place in Zirakpur. Chadigarh Citi Center Zirakpur got almost everything from footwear stores to fitness centres, from salons and spas to bakeries. Also, When it comes to appearance, hats-off to this beautiful open-retail. Chandigarh Citi Center Zirakpur is considered as one the best pieces of design.

Now, next the thing that’s crucial is the location. But if you opt for Chandigarh Citi Center Zirakpur you need not worry about the location anymore. Chandigarh Citi Center Zirakpur is a centred located and it makes sure that its people don’t have to travel much for various requiremets. Hospitals and Malls are easily accessible for people in Chandigarh Citi Centre Zirakpur.

The Naturality of Chandigarh Citi Center Zirakpur is above excellent. The views and the sunlight coming indoor are all natural and gives intense satisfaction to people. No matter how busy you are or how much work you have still left on the desk, you’ll feel light and the depression will fly away due to this natural artistic view you’ll be getting because of the amount of efforts builders put in Chandigarh Citi Center Zirakpur.

Chandigarh Citi Center Zirakpur really stands out from the crowd of open-retails and is without doubts people’s first choice. People living in Chandigarh Citi Center Zirakpur have easy access to all the things they want due to its centred location and that’s all one needs. And one of the reason why you should also opt for Chandigarh Citi Center Zirakpur.

Chandigarh Citi Center Zirakpur - Overview

Chandigarh Citi Center Zirakpur - Overview

Chandigarh is considered as one of the fastest growing economic sectors in the Northern region of India in various types of real estates, be it commercial or residential. In the last decade, a huge boom in the trend of investment in  Luxury Residential Apartments and Penthouse is visible which also contributes as a huge boost of the investment in Commercial or Retail Property which also includes space in places such as malls.

But if you go in more detail, one of the best open-retails are in Zirakpur area of Chandigarh. And, undoubtedly Chandigarh Citi Center Zirakpur is the biggest and best open-retail plaza in Zirakpur. It got projects in almost every field. From Departmental Stores to Footwear Stores, from Restaurants to Gym and so on. 

Let’s get in more detail now. If you are talking about Cafes and Restaurants then Chandigarh Citi Center Zirakpur won’t disappoint you at all. Chandigarh Citi Center has something always cooking at the neighbourhood . According to your requirement, there is almost everything for your taste. As you know, health is wealth. Chandigarh Citi Center is considered as the perfect location for fitness and gyms that provide a funfilled experience with a healthful option for people living in Zirakpur.

Salons and Spas are in a great demand these days, as our bodies and souls need some comfort and rest from daily life stress and depression. Chandigarh Citi Center Zirakpur has it all, the Salons and Spas located here will provide heaven like and luxurious comfort to you and you’ll surely feel that intense satisfaction you’ve been looking for. Likewise, fashion stores, bakeries, gift stores, health clinics Chandigarh Citi Center has it all.

Talking about fashion, everything is available under one roof you won’t have to keep roaming for different things in different areas of the city. Fresh and branded things available under one roof, what else do you need other than this type of bakery that Chandigarh Citi Centre has. Doctors, wellness professionals all will be ready for you in large numbers. Chandigarh Citi Centre makes sure that there people don’t have to travel much with its centred and great location.

Overall, one can opt for Chandigarh Citi Centre Zirakpur with eyes closed. Finally you’ll be able to call a real home as Home Sweet Home.

Retail Investment in Chandigarh City Center Zirakpur - 9023490234

Retail Investment in Chandigarh City Center Zirakpur - 9023490234

About Chandigarh Citi Center Zirakpur

CHANDIGARH CITI CENTER (CCC) offers space for retail brands,franchise owners,financial institutions,etc.in the heart of VIP Road,Zirakpur.With a strategic location, area spanning approximately 10 acres,the project offers freehold Independent showrooms & double storey shops with varying investment levels.

CCC is primarily designed to promote an enjoyable and hassle free shopping & retail experience for a consumer.

For an investor, CCC has appropriately utilized 100% of it's space with a purpose of putting all the bottlenecks at bay; keeping all the logistics and structural features in mind.Thoughtfully,all retail solutions have been carved out to maximize your return on investment.

Chandigarh Citi Center Zirakpur is all about world-class architecture encompassing a host of amazing features that makes it an unbeatable choice ahead of the competitors.

Unique Features:

• WI-FI Enabled
• 24 Hours Power Backup
• Treated Water Supply
• Largest Parking Area

• For more information Call 90234 90234 or SMS CCC to 53030