Commercial property investments are always complicated than buying residential properties.So,you have to act like a professional.Metros give more liquidity to sell property fast.But,Price may be too high.Small towns may not develop fast with infrastructure facilities.So,how we will invest?
Follow the below tips:
1.Invest with long term viewpoint.Beware of short term down fall in value due to unexpected reasons.
Never put all of your money in any property.
2. Find out developing areas with huge potential to be 'the future city'.Foresight brings returns.
Update with latest information about upcoming projects.Always,Think beyond the common buyers.
3.Buy in recession period to get discounted price.Don't be panic with recession.It will not last more than certain period. Keep good relation with real estate players and developers.This will broaden your knowledge
4.Investigate about the nature and market price of different properties and select the best.Be familiar with site seeing and evaluate well.Do your Home work before buying any property.
5.Check the conveniences such as school,hospital,railway station,airport etc.Pollution free atmosphere ,water and quick reach to business centres are crucial for good investment.
Location is a key factor in making profit from commercial property transactions.So,Find the right location with all amenities and convert it as cash when you need it.