Investing in real estate is not a piece of cake. Though it is a slice that everyone desires to have, you need to give some thought to it, before jumping in, like, whether the slice is worth having or not? Will it be beneficial to you? Will it turn out to be a spoiler? And so on. A commercial property is said to be the best choice for investment, rather than a residential property, as it yields you with good financial returns. So, in real estate, if it’s the commercial space doing rounds in your mind then, here are the six points that you must refer to before you handshake a deal.
- Location – The topmost important factor for a commercial space is where it is standing. Be it any kind of business, location decides its fate. For a business to establish, it needs customers and they come when your commercial space has some good connectivity with residential or populated areas. So spy on the surroundings first and then own it.
- Check the neighborhood – It can happen that you may get a perfect location but still it lacks good neighbors. Check for restaurants, banks, malls etc. as such neighbors do matter or else you will end up in a desert.
- Maintenance – Be it residential or commercial, every property needs maintenance. Go through the maintenance charges that also includes property tax, building insurance and other costs. Get an estimate of all charges to ensure how deep it goes into your pocket.
- Market Status – Before you invest your earnings into a property, check the market health first. Inquire whether it is a good time to invest or not. Although buying a property when the market is low is good, don’t spend too much time in waiting, as a property is sold out within a blink of an eye nowadays.
- Nature of business – Don’t just buy a commercial property because you are getting it in a lightning deal. The commercial space, amenities, facilities all should prove to be a good match for your business. These things should fulfill the requirements of your business, only then it will attract good business opportunities.
- Expert Advice – If you find yourself trapped in the maze of confusion, seek help. Ask a real estate consultant or discuss it with your friends and family, who will guide you in taking the decision.
There are various other points to consider before buying a commercial property as higher risks are associated with it. So do your homework well and then plunge into an investment. Sun Builders have gifted you with such perfect commercial spaces earlier too and is also now coming up with more excellent commercial hub called Sun Central Park that will prove to be favorable for all businesses, situated at the best location at Bopal Circle that will stand worthy to all these six points and more.
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Think of an aspirational way of living and you would look for the best every time. A loving family, a well-settled job in a mega city like Ahmedabad, strong investment plans for the future and a perfect home. Make all these dreams come true at Sun Aspire.
Sun Aspire is a 2.5 BHK abode, comprising of all modern amenities. So if you are planning to build your future with a new beginning, then Sun Aspire is the best possible home for you. This 2.5 BHK aspirational abode gives you an additional space that is strategically integrated to utilize with the best of your needs, which an added advantage for you. Be it converting to kid’s playing room, puja room or a compact space for meditation and yoga.
“To desire is to obtain; to aspire is to achieve.” – James Allen
Constructed at a prime location of the city – Bopal-Shilaj road, Ahmedabad, this delightful abode is erected in a way that it connects to SP road at 3 km distance from Pakwan circle. The Bopal-Shilaj road intersects with other neighbouring areas of the city, which make commute to different locations smooth and easy. Hence, this reduces your travelling time, giving a congestion-free drive, right from your home to a desired destinations.
“Aspire not to have more, but to be more” – Archbishop Oscar Romero
The delightful abode is designed to give you a quality life in an environment surrounded with utmost serenity. As a result, this aspirational abode serves as a common ground for happiness, where your modern demands are twined at every corner of home.
Book your space now!
Explore more at http://sunbuilders.in/Sun-Aspire/
This scenario is credited to the Prime Minister of India, Shri Narendra Modi, who had recently clinched a slew of proposals aimed at enhancing foreign investments in the Indian Real Estate.
Since many years, India has been in limelight when it comes to Foreign Direct Investments (FDI). But now it seems that the real estate will see a tremendous growth in the coming 6 years. The proposed idea of promoting investments and de-stressing on construction sector is mainly for:
- Achieving higher growth rates
- Providing employment opportunities
Moreover, the Real Estate Bill passed by the government bodies, is expected to facilitate monetary benefits in the sector.
Though FDI equity inflows in construction declined by 84 percent during the first nine months, the Bill still facilitates FDI in the Indian Real Estate. Not only this, the major aim of presenting FDI will essentially work towards:
- Accountability and responsibility
- Information in the public domain
- Robust transparency in the sector
Thus, the scenario will work well for both, home buyers and the real estate developers too. The bill will help boost the overall image of Indian real estate that will attract Investments Avenue across the world. Thus, the FDI will step forth in the retail real estate with a big bang!
Looking at the scale of ongoing deals in the Indian Real Estate, PE (Private Equity) players’ investments have marked their footprints into the Indian retail segment. In the first 5 months, the Indian retail has cornered about 8 percent of the total Private Equity (PE) investment. Apart from this, there are some major deals in progress, and if any of these go through, then the year will smash a historic shot as far as PE Investments into retail real estate sector are concerned.
Factors that work in favour of retail and real estate are:
- Improvement in the consumer’s tastes
- Liberalisation of the FDI policy
- Political and economic stability
Thus, the new norms will spruce up the Real Estate Sector with the new proposed FDI policy.
The outlook of Ahmedabad city has changed with the ultimate choice of developing high-end residencies for a fine living. Nowadays, home buyers opt for residencies that serve with utmost comfort and luxury at the same time.
Additionally, with the emerging trends and changing tastes of customers, the dearth of owning quality homes are rising immensely. Be it bungalows or apartments, a few residents live with the agony of having security and privacy issues over the time. Due to this, now most of the home buyers are seeking to own a home that is smartly designed with high-end technology along with urban architectures that ease their lifestyle. So, from now, the home buyers can keep their worries aside as their dream of owning a smart home is here!
Presenting to you a home where you can redefine your lifestyle. A home – fused with high-end technology and smart designs – where you get security like apartments and privacy like bungalows. A home where you find abundant opulence in each corner. A home that will make you experience like living in heaven. Thus, we present you the smartest creation, SUN EVOQ.
Sun EVOQ is an elite residential project, having 18, 4- BHK simplex, duplex and triplex signature residences, located at Sindhu Bhavan road – a model road, which stands first in Ahmedabad having completely wide RCC road with well-connected localities. Etched with advanced technologies and a fine combination of modern minimalist designs and luxurious themes, the smart residences reflect the taste of urban lifestyle. Spanned over 14 floors and 2 wings, Sun EVOQ is the perfect abode giving you the feeling of “YOUR SPACE”. Not only this, the elite residences are built with class-apart amenities, wrapping you in an extravagant lifestyle every day. The smartly designed homes are a sumptuous consolidation of detailed construction and finesse. One of its finest features is that genius loci in design, combining space and unique functionality are visibly empowered by smart technology. Thus, it also reduces environmental impacts, gifting a smarter way of living.
The smart homes are more enticing; in a sense that it facilitates residents with an indoor clubhouse and a temperature control pool to evoke their sense of well-being. Keeping securities concerns at prime, this smart abode has advanced security system available for 24*7 with a Wi-Fi enabled lobby. In fact, Sun EVOQ gives a chance to all home buyers who wish to exceed their all expectations with a living space crafted at utmost finesse.
Book your visit at Sun EVOQ today!
Visit our site: sunbuilders.in/Sun-Evoq/ for more details.
Recently, an amendment was passed by the government bodies, where a set of rules stated that developers might have to pay 11.2% interest on delayed projects, in case they miss deadlines. A few months ago, Ministry of Housing and Urban Poverty Alleviation (HUPA) rolled out some rules to relief home buyers from chaos, bring transparency in real estate sector, and sustain customers’ interest to invest in the real estate property.
The new rules state that home buyers can only demand compensation if the developers fail to deliver their project on proposed timeframe. Builders have to pay 2 % higher than prime lending rates as set by the State Bank of India. Also, if the buyers are defaulters, then they are liable to pay the same amount of interest to the developers.
The move positively impacts not only the home buyers but also the real estate sector, too. Let us see how these new rules prove to be beneficial for property market and real estate.
After Real Estate Regulatory Authority (RERA) Bill that came into act this year, the new rules aim to fix accountability in the real estate for developers and stakeholders. According to experts, these rules will allow developers to win the trust of their customers. Home buyers will be informed about the project in which they are investing along with complete paper documentation.
All these years, delay in projects have become a major concern for buyers and investors, too. But these new rules will make a complete justice to both the parties. It will also help avoid chaos and will also help secure the investments of the buyers.
Real Estate Sector:
The rules will help developers to build credibility, motivate to complete projects on time, and build trust among development authority and end-users. In fact, it is an opportunity where the developer can win trust factor of customers and thereby uplift their brand identity in the market as well.
After a long summer, you would love to rejoice the rains. Most of you would love to plan a long monsoon holiday to spend time with your family/friends. Picture yourself being in the midst of nature during monsoon. The cool breeze and raindrops greet you with divine nature with full glory. To experience this divine pleasure with your loved ones, we present to you a perfect weekend spot to celebrate your monsoon-weekend getaways – SUN SOLACE.
ITS BEAUTIFUL INSIDE. Find Your Own Peace.
Sun Solace by Sun Builders Group is a weekend gateway plotted community with every step landscape in tune with nature. The project spread over 75 acres has been developed with state-of-the-art attributes & it also enjoys the advantage of being in close proximity to Sanand residential catchment.
Since its inception in 2010-2011, the project has witnessed development in a phase-wise manner. The unique planning of 3 theme based Club House’s started with Strata (Sport’s Club House) than Aqua (Lakeside Club House) & recently opened Terra (Main Club House) – all of which cover a space of nearly 40,000 sq.yds. The club facilities not only includes 8 well décor residential rooms, party hall, restaurant & café but also boosts about an array indoor & outdoor sports activities all in full operational stage.
Members as well as guests are welcome to visit the property and experience the space.
To add more adventurous to your fun weekend, Sun Solace provides some of its best indoor facilities. The clubhouse has an inbuilt Mini Theater to watch your favorite movies with your families. A full-fledged café cum restaurant Pelican at Terra club house serving you with refreshing meals. One can also cater events or hold parties in this finest spot of our coffee-hub. Also don’t worry about your workout regimes, as we have in-house gym area where you can continue your workout routines. For more fun and entertainment, we’ve etched Badminton Court, Table Tennis Court, Squash Court, Library and much more for you.
Sun Solace allows you to enjoy great outdoors and explore the best-of-nature. A large swimming pool where you can dive in the cool blues of water, also a Toddlers Pool for your kids and a party pool to organize pool parties. The weekend spot also has well-manicured green spaces with a large scenic natural lakefront development and thematic garden to retreat, rest and relax during monsoon periods. Relaxation zone at various places to rest with a well-designed gazebo serving both as shelter and focal point and is also the star attraction of our outdoor gatherings too. Engulfed in the greens its party lawns and beautiful landscapes are perfect places to celebrate your grand events/parties.
With serene beauty and landscaped water bodies, Sun Solace is a place where you will experience luxury, a place where style meets passion, where refined living takes a new dimension. You get a perfect harmony with aesthetic beauty and an investment for a lifetime too! In addition to this, the paradise of attractively priced plots is only a few miles away from Ahmedabad, located at Lekhamba 4.5 Km from Sanand is a worthy investment option & a great weekend getaway place too.
Enjoy the experience of belonging to a new community, a new lifestyle and feel close to nature during this monsoon at Sun Solace.
The real estate industry in India is growing at a speed that can only be seen as rising with every year. Rajya Sabha has recently passed the much awaited Real Estate (Regulation & Development) 2016 Bill in order to protect the interest of property buyers and ease the home-buying process. According to a source, the bill has undergone for several amendments and will be effective to bring accountability and transparency in the real estate sector. This will give advantage to customers to buy property and will also benefit to the whole real estate sector.
Purportedly, the bill sets a firm foothold in the real estates sector and lays a strong foundation in the coming years. The bill will be executed in various factors, incorporating redevelopment and development to smoothen the process in the sector.
The bill will impact on the sector, positively at two levels, i.e.,
1. Micro-level (Homebuyers)
2. Macro-level (Real Estate Sector)
Till now, home buyers were making a raw deal in the real estate sector. But from now, developers will have to make use of deposits (70% deposits collected from home buyer) in the development in only the particular project that are under construction. The project should be completed and delivered on time to home buyers without any delays. It will be developers’ responsibility to strictly adhere and provide the level of quality as stated in the norms during registration.
A few developers offer a warranty for structural damages for 1-3 years, which now has been extended to five years from the date of handing over possession to buyers.
The real estate market is highly non-transparent and most shareholders wish to operate in their own silos. The absence of a regulator is to an extent responsible for this plight. If there is a regulator in the sector then, it will become more cost-efficient and most significantly will ensure that the malpractices are not entertained.
The provisions that are listed in the bill will make the process of home-buying easy and will also have rebounds on the entire real estate sector.
We, at Sun Builders Group, since our inception to date, have gained trust of many buyers by complying with these and many such real estates rules and regulations that have been passed in the past. With the recently passed bill, we will make sure all the amendments are taken care of, as a promise to our existing customers and potential buyers. The foundation of the Group were laid with the bricks of trust, commitment and ethics – and with this bill into adaptation, we are only developing and growing forward.