Common Commercial Real Estate Myths that Need to be Clear

To do some research online about commercial real estate before investing is a smart idea. But if you blindly believe in any piece of advice that you hear is a different story.

Unfortunately, plenty of commercial real estate myths still encounter many investment circles. While these beliefs are demonstrably false, they can still prevent prospective investors from taking the first step to building their portfolio. Many business people are experts in their field and tenants in commercial real estate properties. But they might get trapped for some of the myths about commercial real estate. Therefore here some of the most common myths and their facts that why they are not accurate.

Myth: Renting is cheaper

If you own a property, it gives you the ability to build equity. Ownership also creates tax benefits that you can take advantage of each year. Capital expenses are usually lower when renting commercial real estate as opposed to buying, but that doesn't automatically mean it's cheaper to rent. While the upfront capital requirements might be less, renting can easily carry higher monthly costs. A commercial office place in Andheri east can be the best area to buy or rent the office.

Myth: Investing in commercial real estate is too risky

Every investment comes with a risk, and commercial real estate is no different. But it's said that investing in commercial real estate does have certain advantages over other types of investment. Commercial real estate isn't subject to the same type of volatility one can experience when investing in the stock market. Thus, commercial real estate is one of the safest investments you can make in terms of risk.

Myth: The person should be rich enough to invest in commercial real estate

It is considered to be the biggest myth of commercial real estate, which often dissuades people from investing in this sector. Buying commercial office space in Andheri east is a good decision, and people who are economically rich and stable can only afford to buy a property in this area. But this is not true at all, and the reality is far away from this belief. Now, banks and other financial institutes provide the loan option if they want to invest in an office. As of now, the bank provides you with 80 percent of the total property value loan, and you have to repay them through EMI, which is quite flexible and adjustable. Thus now, investment in commercial property has become easier, and anyone can invest in it.

Myth: You need "office" space

The world of commercial real estate is changing day by day. Office buildings are getting turned into residential properties. Malls are being turned into office spaces, and just about everything is being converted to industrial space if it can be. When you look for your next office, don't only look at office buildings. Just look at spaces that can work for you. Commercial office space in Andheri east is a good option to start your business.

Before investing your money, you should do some research about properties and funding. You should also consult the experts. It may be cheaper to do it yourself now, but that could lead to costly mistakes in the future.

Wrapping Up

If you try to separate myth from fact while attempting to secure a commercial loan, simply reach out to our experts or visit The Chandak Group - www.chandakgroup.com. They will be happy to help you take the next step in accomplishing your investment goals. They also offer great deals if you are interested in buying a commercial office space in Andheri east or office space in Andheri.

Which Flats are Best for Purchasing -1 BHK or 2 BHK?

 Investing your money in buying a property is a good idea in this current trend. If you keep your money in the bank account, the returns will be less. Thus, if you purchase a property in a prime location now and sell it after a few years, the returns will be more compared to a deposit in a bank account.

You can easily double your investment in 4 to 5 years by purchasing a 1 BHK flat for sale in Borivali east, plus you can also give your apartment on rent and earn through rental income. Investors usually look for a good location to invest in properties for better returns, and SV Road could be one of them's best locations. As for now, the properties are for Sale on SV Road. But before buying the apartment, one can always be confused between which flat to buy 1 BHK or 2 BHK.

So, here's an overview for you to decide.

Pros and Cons of 1 BHK

Purchasing 1 BHK properties for sale on SV road in Mumbai suburbs is an ideal investment for beginners as the price of 1 BHK is not so high and doesn't make you stretch your budgets profusely. Less capital involved would mean that the investor will have to make a small down payment and smaller equated monthly instalments. 1 BHK flats are perfectly sized for a newly married couple and bachelors living alone. But it's challenging to find a 1-BHK apartment in several societies, especially in cities like Mumbai. Simultaneously, due to its space restrictions, it can become difficult for some families to feel a sense of comfort in such apartments. Storage can also turn out to be a significant hassle in such a unit.

Pros and cons of 2 BHK

If an investor has a good budget, purchasing a 2 BHK flat for sale on SV Road is the most profitable and suitable option for them. 2 BHK flats also provide you with extra space; thus, it is best suited for couples who live with their parents and kids. An additional bedroom adds more to the grace and space of a house. 2 BHK flats are also easily available in big cities and small towns. One can quickly sell or rent out these types of apartments as they are in high demand. Therefore, buying 2 BHK apartments from popular builders can offer you extensive delightful lifestyle amenities.

Where to purchase 1 BHK and 2 BHK in Mumbai?

Chandak group in Mumbai offers 1 BHK flat for sale on SV Road and 2 BHK flats in the suburbs at affordable rates. These localities are strategically placed close to the Mumbai-Pune expressway and near the IT hubs and industrial zones.

If you are thinking to invest your money in property, you should look for properties for sale on SV Road as it is considered one of the prime locations in Mumbai suburbs, which can also help you double your investment. Buying properties for sale on SV Road could be beneficial for the investor as it connects Western Express Highway that further connects to other parts of the Mumbai suburb. Domestic and international airports are also nearby to this location. All types of transport and commute are also easily available in this location. This location is also ideal for families because the locality gives them affordable and luxurious housing options, shopping malls, entertainment hubs, educational institutions, small industries, etc. within its neighbourhood.

Thus, it would be best if you visit https://www.chandakgroup.com to know about the price and availability of new flats. ChandakGroup of construction promise to offer you the best property deals in your budget.

Why Buying Property in a Prime Location is the Best Investments?

 If you are thinking to invest your money in property, you should be looking for properties in a prime location that adds value to your investment. Selecting a residential property involves the consideration of a lot of factors. It's not easy to find a property in Mumbai, because the property rates are too high here and not all locations in the city are ideal for residential investment.

However, in the last few years, many new locations have been developed in Mumbai suburbs, and most of them offer excellent choices in residential apartments. Goregaon is one of them; the city has observed a rapid development growth in the last couple of years which helped the city transform into a well developed residential station. It is one of the most preferred locations for investing in residential property. Apartments in Goregaon west provide you with good facilities. This location is also ideal for families. This locality gives them an affordable and luxurious housing option, shopping malls, entertainment hubs, educational institutions, small industries, etc within its neighbourhood. Purchasing an apartment in Goregaon west can be beneficial for your future too, as the price of a property in this area will increase. The locality has also developed with all the latest facilities, and all types of transportations are easily available in this area.

The price and the location of the property are important factors to consider before investing in the property. The location is the key here which dictates everything else about the property. It's also important to know about the pros and cons of the location of the property.

There are several advantages of having an apartment in Goregaon west.

• The location is ideal for commuting.

• All major places in Mumbai are well connected to Goregaon.

• One can also enjoy an improved standard of living in Goregaon

• Apartment in Goregaon West is easy to sell or rent out as property in this area are always in demand.

• It makes Goregaon a prime location for the investors.

An investor should also know about the recent market price of the property so that no one can cheat him.

The current value of property in Goregaon

• Like most of the locations of Mumbai, Goregaon is divided into Goregaon East and Goregaon West. The residential property prices of 1 BHK in Goregaon are approx between Rs 1cr to Rs 1.5cr 'Whereas the price of 2 BHK in Goregaon is between – Rs 2.20cr to Rs 3cr.

According to https://www.magicbricks.com/

If a person is willing to buy an apartment in an ongoing project, they should consider these points.

Builders credibility - Always do some research about the builder's background and reputation before purchasing the property. One can also check the developer's previous project work and their construction quality through actual site visits.

Possession guarantee - An investor should always check the promised possession date while buying property from an under-construction property. Always confirm it with the date mentioned in the agreement before signing it and ensure a clause of repayment if the property is not handed over to you on the mentioned possession date. You should also check all additional charges and taxes before investing in a property.

Bottom Line

If you are planning to buy 2 BHK for sale in Goregaon West, visit https://www.chandakgroup.com/ for ready possession flats in Goregaon west and know more about new residential projects in Goregaon. ChandakGroup of construction promise to offer you the best property deals in your budget.

Should I buy Property on Main Road?

 The environment is the first preference for every person to buy a property, and the positive surroundings of it always depend on the location. If you go anywhere in the world, the area is the first choice for everyone; the same priority is for buying a 2 BHK property for sale in Goregaon West.

Investing your money in an apartment in a good location is beneficial for the present, and at the same time, it will give you good resale value in the future.

Some people do not like houses on the main road due to the vehicles' noise because they like the surrounding peace, but here we have given you some best reasons to buy a property on the main road.

Where do you draw the line?

Purchasing the main road apartment does not mean that you will live with noise pollution, but it provides access to transportation and essential services. Many people do not recommend buying a house on the main road, but you should think carefully while buying a 1 BHK in Goregaon west near station. The property is located near the main road, and the house will provide a present and future benefit for the people.

Ignore the stigma

In today's busy lifestyle, many people want apartments near the main road because they want to be free from the hassle of reaching their destination. Many services are available near the main road, such as hospitals, shopping centers, schools, parks, and more, so people prefer the main road rather than buying a property in No-Man Land.

Some agents are opposite to buying Main Street property, but some agents who have long-term viewpoints are always ready. They give ideas to buy a 2 BHK property for sale in Goregaon West.

So when you plan to buy 1 BHK properties for sale in Goregaon West, do not think about short-term benefits, but consider some of the best future benefits and options.

Get a bigger and better house for your money

People avoid buying property near the main road, so there is a possibility of a price difference. The main road properties are slightly cheaper than other properties which away from the main road. This is the best chance if you are thinking of buying a 2 BHK property for sale in Goregaon West as this property is well connected to every service required for daily life.

If the properties are the same in size and condition, you can still save a few bucks if you have purchased the main street property. Or if you are lucky, you can get a big house near the main road at the same price.

But do keep in mind…

There are many reasons to buy a house near the main road. Most people avoid buying a house near Man Road, which is why it will be difficult for customers to resell the property after some time. But you should not worry; there are many advantages of main street property which you should explain to the future buyer. Main Street property holders get benefits such as nearby grocery stores, transportation, hotels, clinics, and malls.

Wrapping Up

Here we come to the end of the article; we discussed some of the main road properties' benefits, which you should consider without any concern. The 2 BHK property for sale in Goregaon West is located near the road, which is beneficial for working people who are busy in their profession and personal life. They find every possibility near their apartments.

The Chandak group is very famous for its luxurious home, which is located near the main road. For more information, visit https://www.chandakgroup.com/

Why Choose Commercial Office Space in Andheri?

 The area plays a crucial role in purchasing a property. Nowadays, in Mumbai, people spend most of their time in offices rather than at home. As we all know, Mumbai is India's commercial capital, and many people from different states come to Mumbai to succeed.

These days, Andheri is a popular suburb where every business is booming. So, if you plan to buy a commercial office space in Andheri East, this is a big benefit.

Let us learn some benefits for office space in Andheri

People choose commercial office space in Andheri east as this suburb has every accessibility, such as a comfortable house, transport, and airport. Andheri is situated in the middle of Mumbai, and it has been developing over the years.

Transport facilities are readily available in Andheri, so many people do not have trouble reaching the office from their home. The main reason is to buy commercial office space in Andheri East because of their easy connectivity everywhere.

Andheri is also developed in terms of infrastructure. It also has its railway connectivity in central, western, and harbor lines. One of the significant benefits of Andheri is its famous 'metro line.' The metro connects Andheri to Ghatkopar, where people can travel from one destination to another in less than 25 minutes. On the other hand, if you go by road simultaneously, it will take 3 hours.

Reason Why Andheri is the best option for commercial office space

Many new and old business people have settled in Andheri as the city is a favorite place. People like a place where they easily travel around and reach the office, in a club or a restaurant. For people buying or renting a commercial space in Andheri is the best option as it is well-developed and gives them financial stability.

When you start a property search in Mumbai, you look for some significant key points that give you long term benefits in the property market. Commercial office space in Andheri east has many profits for builders and owners as many industries are growing. Many high profile business people come to this city to grow their business. Andheri is famous not only for commercial sectors but also for the close connectivity of transport.

From Bollywood stars to cricketers, most celebrities live in Andheri; many started their organizations. People prefer to work in Andheri because of high profile companies. A traveler always prefers Andheri station as they get hassle-free transportation to anywhere.

Due to rapid business growth, people are more attracted to Andheri. Government and private builders are given their best creativity for building schools and colleges, tourist places, glass facades, and many other things.

Another reason is that Andheri is ideal for buying a property due to Juhu beach and Mahakali caves, Lokhandwala market, and Film City. For the first time, a person who enters the Andheri suburb starts falling in love with this suburb. Andheri has many hotspots, big companies, shopping streets, beaches, and many more, So people do not find any negative point to buy commercial space.

Conclusion

Here we come to the end of the article; we discussed some of Andheri's commercial properties' significant benefits. Buying commercial properties has always been beneficial for the people as Andheri is growing in many ways. It would be best if you look for many options before selecting any of the properties.

The Chandak Group is always renowned for providing office space in Andheri for all types of businesses. For more information, visit https://www.chandakgroup.com/

The Beauty of Luxurious Apartment in Worli

 Mumbai is very popular among many people due to its sea-facing apartments. People from all over the world come to Mumbai to see the beauty of the Arabian Sea. Mumbai always gives people beyond their dreams.

Due to the seafront view, lakhs of people always dream about buying luxurious 4 BHK apartments at Worli. From celebrities to business people, everyone's first choice, because it gives a tremendous coastal view and provides all the amenities that give you the best lifestyle.

Let us discuss some of the significant benefits of why luxurious 4 BHK apartments at Worli are so popular.

1) A view that steals the reality show

Generally, people are mesmerized by the beauty of the blue sea with a cool breeze. Residential properties for sale in Worli have a great panoramic view of the Arabian Sea, which gives you unimaginable peace. The apartments with a sea-facing view offer freshness in the morning as well as a peaceful night. People living in Worli do not need to go outside to enjoy the beach view. They can enjoy the beach view from the home.

2) Space that only an exclusive few enjoy

Everyone in a lifetime is entitled to live comfortably to enjoy luxury. People earn most of the time to fulfill their dream home. If you are thinking of buying Luxury Apartments for sale in Worli, then you can enjoy your neighborhood very often from Shivaji Park, High Street Phoenix to Bandra Worli Sea link.

3) An iconic appeal

Reputed cities such as Las Vegas, Hong Kong, Seoul, London, or Mumbai have their iconic structure and landmarks. If you want to live in a city with a robust historical attraction, Worli is the best possibility where everything is iconic. From architecture to designer, they give their best experience to create an iconic Worli.

4) Where parking is never an issue

Parking is one of the significant issues for people in every metro city. Nowadays, a vehicle is common for many people to enjoy the comfort, and people find it very difficult to park their vehicles. One of the major benefits of purchasing a luxurious 2 BHK apartment at Worli is the parking space. Many highly reputed builders like Chandak Group provides enough parking area for the residents. Even some of the buildings in Worli has an underground parking spot for their residents.

5) A destination in itself

Who does not like a private theatre, dining restaurant, and full gym equipment? The 2 BHK for sale in Worli is a hot favorite around many high profile people due to its international facilities. When you think of buying a luxurious 4 BHK apartments at Worli, you spend most of the time enjoying everything from temples, malls, glass facials, exiting interiors to meeting rooms and more. The people of Worli do not need to go out to enjoy the holiday; they can simply enjoy their holiday in Worli, where every luxury is near

6) Reach anywhere, at any time

Worli is surrounded by many places such as the sea in the west, Haji Ali in the south, blessings from Mahalakshmi in the east, and Prabhadevi in the north. luxurious 4 BHK apartments at Worli gives you access to all types of South Mumbai. The highway, the Western Railway, and the Worli sea link are connected to travel anywhere hassle-free.

Wrapping Up

Here we come to the end of the discussion. We have covered some important points that you can enjoy after choosing the right sea-facing house for you. Mumbai is a place where you can get an authentic glimpse of the luxury and beauty of the sea.

The Chandak Group provides all types of amenities, luxuries, near transportation, and iconic areas. For more information, please visit http://www.chandakgroup.com

Tips For Choosing a House in a Locality Best Suited to You

 Owning a house is a dream of many people. People buy their dream house by looking at aspects such as locality and necessity. To buy a Smart 2 BHK Apartments on S V Road, you should look for the nearest location that meets your requirement.

Every time you get very confused while buying a Residential Property for Sale on S V Road, you are unsure which area is best for you. Below are several factors that you need to consider for your future home.

Existing infrastructure

Infrastructure plays an important role in daily life. Everyone has the first choice of where to live, where they can get every connectivity from the office to the requirements.

Connectivity with your workplace

For working people, a nearby office is very important to them. Sometimes people prefer a house near their office; it helps people travel easily from the office to home. When looking for a Residential Property for Sale on S V Road, you need to find out which place is far from your home and which is not.

Ease of commute

Even if you get proper transportation to reach your destination, your workplace is far away from your home, making sense to buy a property. The Smart 1 BHK Apartments on S V Road have better communication means such as metros, railways, and highways. People prefer a place where they can use the means of transport and travel anywhere hassle-free.

Presence of basic amenities

People prefer to stay in the middle of the city due to the easy availability of markets. After you moved into your dream home, all you need is near the marketplace to buy the daily requirement. Residential Property for Sale on S V Road has a grocery market, medical, school, hospital, and many other basic facilities.

Safety

Safety is an important element in our society. Find a property that has proper premises with security guards. Some places have their social welfare club, which takes care of the securities of the colony.

Future prospects

A prime location is always famous with builders. Builders always give first preference to the area where everything is connected, and they are doing their 100% to develop that space.

Residential versus commercial

Find out if your property will be developed as a residential area or commercial area first. The mix of the commercial and residential area gives good living conditions. Sometimes living in a fully professional field is not a good idea for people.

‘Green’ quotient

Nowadays, as you can see, there is pollution everywhere because global warming is having a measurable impact on the planet. Start research around the Residential Property for Sale on S V Road, find out that this property has a natural environment. Sometimes you will get ideas about the future development of that property that what kind of project produces more greenery in the future.

Social life

Many people want to live nearby with their family and friends. Family and friends are the only true gems in our life that protect you from many situations. This is why people like to be near their family and friends. A place in which a nearby club, bar, gym, and multiplex are favorite hot places among people

Wrapping Up

We have covered some major and essential points that you should not miss while choosing an apartment for your life. A luxurious apartment gives you all kinds of future benefits that you should consider.

The Chandak Group promises to deliver good qualities home with the right facilities at the best possible location. For more information, visit https://www.chandakgroup.com/