Hi friend,
The demand for commercial properties is rapidly increasing in Mumbai and this is why I am also planning to invest in a commercial property. Let me share some tips that you should keep in mind while buying a commercial property in Mumbai:
Research the market and try to find a property in a developing locality as it’s more profitable than buying a property in a well-developed area
Make sure the location is easily accessible from the other locations with a sound infrastructure.
Determine which type of commercial property you want to buy (retail shops, office buildings, industrial complexes, etc.)
You should consult an expert if you don’t have any experience in this field.
Make sure the commercial property has received all the required approvals from the concerned authorities.
Review the geographical location, market trends, and the building’s history to avoid any risk.
Check availability of basic utilities, such as water, electricity, drainage, etc.
My friend owns several commercial properties in Mumbai and I have asked him to share the top 5 localities in Mumbai to buy a commercial property in along with the price rates. I will share the same with you once he sends me the list.
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Want to buy commercial property in Mumbai. Please share some details.
Kamal
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3 Year
2022-06-27T22:52:58+00:00 2022-06-28T17:44:06+00:00Comment
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