Estate Bazar

estate-bazar When it comes to renting real estate in India, there are two main types of buildings you can focus on. First, you have the regular buildings, where people live, and then you have commercial properties, buildings designed to be rented to companies, and used for industrial uses, offices, medical centers, malls, shopping centers, retail stores, warehouses, hotels, garages and many others. With the continuing increase of the purchasing power of people from India, it’s a very good idea to have a factory here, so you can benefit both from the huge market of over 1 billion people and from the low wages of the workers that you will find here. In the last few years, the Indian real estate’s rate of growth has been at around 30%.

Thanks to its growth rate, India needs in the next ten years over 90 million new housing units, so investing in real estate and renting buildings in India can be a huge business for the next decade, an area where you can make a lot of money.

If you’re looking to open a calling center, to relocate your production facilities or to rent a building where you can house your employees, renting in India is easy and cheaper than in most other countries. Keep in mind that India has the fourth biggest economy of the world as far as GDP numbers are concerned.

Thanks to this booming economy, India is full of buildings available for rental that have modern designs and architecture that is creative. In every large city in India you will find buildings to rent, usually between 5 and 10 stories high, made out of metal and glass, modern and at an affordable price. You will also find green real estate, which have solar panels and are energy efficient. These buildings will have the amenities you’re used to from back home, but at just a fraction of the price.

When it comes to leases in metro areas, you will usually find contracts with terms of 3+3+3 years and the escalations will be around 15% after 3 years. Usually, you will find that buildings available for rental will have space available for retail when it comes to the first floors and for offices for the rest of the building. You can look for buildings that have restaurants and gyms at the lower floors, so your employees can benefit from their location.