Choosing the right commercial office space in Andheri

 Commercial property tends to multiply rapidly than residential one in the long run. Purchasing a commercial space is altogether a different ball game, and there are many advantages linked to it.

Before you plunge to purchase commercial space, you need to weigh what will add value to your property and how to maximize your future profits.

Commercial spaces, by their location, are likely to fetch businessmen & entrepreneurs. Offices close to railway stations or metros are a key consideration for an investor. In a bustling city like Mumbai, with traffic congestion worsening, employers will opt for public transport in the vicinity. The ease of commuting because of nearing train stations is beneficial to the employee and employer and invariably increases the future land value.

Commercial offices are shooting in Andheri East. Andheri East is a busy mix of residential homes and corporate offices and is known for its fast-growing food market. Lunch spots for Indian food and upmarket hotel restaurants serving gourmet European & Pan-Asian cuisine. Lounge bars & lively pubs with DJs draw an after-work crowd, making it an ideal destination.

If you find a commercial office space in Andheri East strategically, then settling down for a space near public transport is a good option. Office spaces near Andheri railway Station and Metro station are ideal for a populated city like Andheri.

A higher level of demand for property near the railway station has been observed in Mumbai. People in Mumbai are prioritizing the travel time. Entrepreneurs are also willing to pay more for places that are within walking distance.

Getting commercial office space in Andheri East is not only beneficial to save travel time, but you also see environmental positives such as less pollution and emission due to low fuel consumption.

Accessibility to transport is not the main driver for land value growth; not all transport types are regarded equally in Mumbai.

- The Mumbai Suburban Railway station consists of exclusive inner suburban railway lines augmented by commuter’s rail on main lines serving outlying suburbs to serve the Mumbai Metropolitan Region.

• Spreading over 390 km

• It operates 2342 train services

• Carries more than 7.5 million commuters daily

(according to Wikipedia)

Below are some facets of buying a commercial office space in Andheri East.

1. The City

The bustling suburb with emerging commercial complexes makes it likely for any businessman, entrepreneur, or investor to invest here. The rise in corporate offices is because of its work-friendly culture. Sustaining employees with the flexibility of travel and other amenities is something this place has to offer.

2. Transportation

If you plan to buy a commercial office space in Andheri East, it is advisable to check for transport. Travelling can become quite cumbersome without local transport in a city like Mumbai. It can also add to the overhead cost of an enterprise.

3. Time

You cannot buy time, but it definitely can save time. Not only yours but even your employees. There is so much on your plate as an entrepreneur, and if projects or tasks get delayed just because the employee turned up late to work due to heavy traffic, it can stress you up. If you are already living in Mumbai, you very well know how much time it takes to travel in an overpopulated city like this. It is why entrepreneurs are ready to pay more to buy property near railway lines and metros.

Conclusion

We hope that the outlined article will help you invest in the right commercial property in the suburb of financial capital. Chandak Group of Developers is providing such commercial office spaces in Andheri. Visit their website http://www.chandakgroup.com to know more.

5 Reasons to Buy a Home in Times of Coronavirus

 Coronavirus is spreading in every country, and many businesses are facing huge losses, including real estate all the time. In this pandemic, most builders reduce their prices, and at the same time, many companies reduce their home loan interest.

Own home is the dream of many people, and sometimes people buy property only for investment. According to the study, many investors will invest in a property once the epidemic ends; real estate is likely to increase at that time. However, nowadays, some investors avoid investing due to a lack of market conditions. It's time for you to buy an apartment without any competitions.

If you are planning to buy 2 BHK for sale in Worli at the time of COVID, then this is the right opportunity for you. Let's cover some of the reasons that consider buying a house during Coronavirus.

1. Home loan interest record all-time low

The Reserve Bank of India has reduced the repo rate in a pandemic so that you can get a home loan at a 7% interest rate. Interest before the epidemic was 8% to 9%. You must have a good credit score before investing in residential properties for sale in Worli; of course, your loan and their EMI depends on your credit score.

2. Better Government Support

There has been an all-time reduction in the repo rate, and the government is offering several fiscal packages. In many cities like Bengaluru, Pune, the Mumbai government is spending more money on real estate, and at the same time, due to the low repo rate, the government is offering a chance to buy a 2 BHK for sale in Worli with a fantastic loan scheme.

3. Real estate stable assets

Investing in property is a good option in the pandemic where every financial instrument is badly affected due to Coronavirus. That is why investing in various financial instruments can take a huge risk; only real estate get a profitable return after many years, along with you get your dream home.

Many builders provide services like yoga centers, gyms, and commercial premises; thus, many people can explore options like luxurious 2 BHK apartments at Worli.

4. Properties are available at reasonable rates

Another big reason for homebuyers is epidemic; in this, people get low deals compared to other times. In a pandemic, there is a significant reduction in real estate prices. Most of the time, people are scared to buy a house due to high rates. If you plan to buy 2 bhk for sale in Worli, you will get some fantastic flexible scheme offer from a few builders.

5. Better Deals

Only during the festive season people are getting better deals. Many companies reduce their interest rates at the time of the festival itself. In short, every time you have to wait for a festival or a flexible scheme from the banks. However, this time Coronavirus affected many industries, and because of that, you will get good deals from the markets for 2 BHK for sale in Worli.

Do not wait long to buy a luxurious 4 BHK apartments at Worli because anytime soon, this epidemic over, and the price will go up as much as possible.

Conclusion

Here we come to an end; we find out five main reasons for thinking about buying a house in an epidemic. It is straightforward because many industries are shut down due to Coronavirus, and people are afraid to invest in many financial instruments. Real estate is where you can buy a house with a low-interest rate, and you can get positive resale value at any time.

The Chandak group offers a comfortable stay at home and the enjoyment of urban living. For more information, visit https://www.chandakgroup.com/cornerstone/

Five things you must do while buying a house

 Buying your own home is the best decision of your life as an average salaried person saves his entire life earning to buy a dream home in Mumbai. Before finalizing the smart 2 BHK apartment on SV Road, you have to do a lot of research and keep patients as it is not an overnight decision.

Many factors need to consider because your home is where you will live for the next several years or life span. In the future, it is better to research rather than to have an unwanted shock.

Below are some considerations that you must keep in mind before buying the apartment of your dreams.

1. Always make a plan

Before searching for a home, you should find out how you will take care of your requirement after purchasing the house. After seeing the Residential Property for Sale on S V Road, you have to achieve your financial goals for the next 20 years because many people own a home with a loan and need to pay EMIs regularly.

Some people live in rental apartments and regularly pay rent and home loans, which help convert your rent to EMI.

2. Pay heed to the Locality

There is a need to research Residential Property for Sale on S V Road before making any financial decision to buy a house and take a closer look at the house's square feet. Search for the price history for Smart 1 BHK apartments on SV Road, as well as other factors such as social infrastructure, proximity to nature, and transport facilities before you buy.

Proper research gives an idea of obtaining real assets' prices in the future and provides a good resale value. Make sure you can meet every needful service in localities.

3. Cross – Check developer credentials.

Homebuyers will have to look at builders' records to see what kind of material has been used in their projects. You can research the flats and the commitment of the builders regarding the execution of projects. Ensure that builders must have a reliable reputation in the market before investing a large amount.

4. Review proposed projects layout plans

Nowadays, many builders have project plans; the project plan includes everything that will be built. Check out Residential Property for Sale on S V Road; the homeowner should check the amenities like guest parking, play area, common hall, yoga center, garden, and many other items as per their family preferences.

5. Quick checklist before the deed

Homebuyers should check the checklist before the final announcement. There should always be a transparent deal between the home buyer and the builders. See the builder certificate, which will help you in getting a loan quickly. Much of the time loan depends on the builder's credibility and their regions. It is the best way if you are planning to buy a home in luxury areas.

To avoid any future surprises, you should check the following details.

• Owner's name
• Owner Address
• PAN card
• Address of the specific property you plan to buy
• Parking section
• Any other services clause (if applicable.)

Wrapping Up

Here we come to the end of the episode, where we discuss some of the factors that we can keep in mind while buying a house. There is Residential Property for Sale on S V Road with great builders and services.

The Chandak Group is one of the builders with a comfortable luxury home and has every possibility needed for homeowners. For more information, please visit https://chandakgroup.com/chandaknext/.