Commercial property refers to real estate properties that are used for business purposes, such as offices, retail stores, hotels, and warehouses. These properties are typically owned by corporations or investors and are leased or rented out to businesses or individuals. Commercial properties are valued based on their location, accessibility, and rental income potential.
Read moreReplied by Sathya Kohli On 5/7/2023
Market conditions, investment objectives, and financial requirements are just a few of the variables that influence whether or not to sell a commercial property. A smart moment to sell migh...
Replied by Sandeep Gandhi On 5/7/2023
Property that combines commercial and residential use is referred to as a commercial residential property. With one or more residential units above, it often consists of ground-floor retail or offic...
Replied by Shambhu Dalal On 5/7/2023
Since most lenders want a down payment of at least 10% to 20% of the purchase price, buying commercial property with no money down might be difficult. However, a fe...
Replied by Hridyanshu Sharma On 5/7/2023
In Bangalore, converting a residential property to a commercial one may include getting permission and approval from the local government, remodelling the building to meet safety and zoning requirements, an...
Replied by Heera Mehta On 5/7/2023
An appraisal of the property is necessary to value a freehold commercial building in order to estimate its market worth. Several aspects are taken into account during the appraisal, includin...
Replied by Sameer Mallick On 6/7/2023
It may be possible to convert a residential property to a commercial property, but this will rely on the local zoning laws and regulations. In order to comply with commercia...
Replied by Padmadhar Dewan On 5/7/2023
A business property must have a rental value before it can be rented out. Assessing the property location, size, and facilities, among other things, can help with this. Once th...
Replied by Upen Grover On 4/7/2023
You could need permission from the local government to convert a residential property to a commercial one. You might also need to make the necessary improvements to the building t...
Replied by Upasna Acharya On 4/7/2023
Making a compelling marketing plan to draw in potential purchasers is necessary when selling a business property. Advertising a commercial property can be done in a variety of ways, suc...
Replied by Idhika Dubey On 3/7/2023
The longer lease durations and higher rental rates make investing in commercial property potentially more profitable than doing so in residential property. Likewise, commercial buildings frequently experience faster value growt...
