Mohali is the next most promising commercial centre of North India. It is one of the fastest-growing and provides an array of opportunities to invest in the commercial real estate sector. As it is one of the upcoming centres the prices are still relatively low and affordable compared to other adjoining cities? It is wiser to invest in commercial spaces, like a bay shop in Mohali as a good investment
Double-storey Bay shops on PR7 Airport Road
As the location of the bay shop you want to invest in is important as it gives better returns. Double-storey Bay shops on Airport Road can have great rental and price.
As a prime location, Double Storey Bay shops on PR7 Road have a low vacancy rate and tenants are less likely to vacate. The neighborhood also plays an important part as it attracts good footfall.
These properties will fetch higher rents, and also will have better tenant retention rates and higher capital appreciation.
If the bay shop has a good tenant, then investing in it would be even better as having good tenants will ensure that you get rent on time, apart from higher deposits.
If the interiors such as flooring, ceiling, air conditioner, and interior cabins, are by the tenant then he is likely to stay longer.
Do you also want to invest in single office or bay shop in Mohali?
If you want to invest all your savings in a single office or bay shop in Mohali, you will be exposing yourself to a greater risk. So it is important that you invest in more than one type of commercial property to make the maximum return on your investment.
When you keep the above-mentioned factors in mind, you can then rest assured as you’ll be making a balanced investment that will reap strong benefits in the long term.
The Bay shops at the VRS District One property are located at Airport Road with all the necessary amenities. It has the backing of a trusted developer VRS and is synonymous with quality, commitment, reliability, and excellence. The company is recognized for delivering state-of-the-art ventures, impeccable designs, and outstanding standards.
Positioned at the center of the city surrounded by posh inhabitance of approx. 3 Lacs people and encircled by 12000-15000 corporate employees working in IT Park. it has better connectivity with nearby locations such as PCA Cricket Stadium, Elante Mall, World Trade Center, and many more to name.