New and Emerging Commercial Properties for Sale in Delhi
Delhi is an exciting city and the hub of India's economy.
As business spaces continue to grow, new and emerging commercial properties are
being progressively developed to bridge this gap. Whether you're an investor
seeking great returns or a business owner seeking to find the perfect location,
Delhi presents a platter of exciting opportunities in its commercial real
estate market. In this article, we will discuss some of the best new and
upcoming commercial properties in Delhi and why they stand out.
Why
Delhi Is a Hotspot for Commercial Real Estate
Commercial
Properties in Delhi has always been in high demand,
particularly for domestic and international investors. The strategic location,
unparalleled infrastructure, and booming consumption base make Delhi an
excellent space for businesses to navigate through various sectors. Growth in
commercial properties is driven by the proximity of the capital city to
significant markets, connectivity through road, rail, and air, and
government-backed projects like the Smart City initiative.
Whether you are interested in retail, corporate offices,
hospitality, or industrial operations, real estate opportunities in Delhi are
diverse and lucrative.
Most
Top New and Upcoming Commercial Projects in Delhi
1.
DLF Prime Towers - Okhla Phase 1
DLF Prime Towers in Okhla Phase 1 is one of the most
sought-after commercial spaces for businesses. It provides office spaces
ranging from small to large units according to current business requirements.
Geographically strategic, this project always keeps employees, clients, and
partners easily accessible in South Delhi.
The complex will be well equipped with premium amenities
that have high-speed elevators, 24/7 security, and features that ensure a green
building, thus promoting it to maintain global corporate standards. With
competitive pricing and flexible space configurations, the complex DLF Prime
Towers is best suited for both startups and long established companies.
2.
Aerocity Worldmark
Aerocity was actually close to Indira Gandhi International
Airport and has turned out to be a quick commercial hub for multi-national
corporations and hospitality industries. The Aerocity Worldmark is the best
mixed-use development with leasing potential for offices, retail, and
hospitality. It possesses ultra-modern architecture and world-class amenities
at every point of connectivity offered both in Delhi and Gurgaon.
It's the perfect location for business houses that need
easy access to international clients and would be willing to make a strong brand
statement. With rapid infrastructure development in the surrounding areas,
Aerocity is almost ready to mark its place as one of the prime commercial hubs
in the capital.
3.
Bharti Worldmark - Gurugram Border
Bharti Worldmark is one of the emerging commercial
properties, technically at the border of Delhi and Gurugram, but
state-of-the-art office spaces, retail options, and entertainment centers offer
an integrated business environment. Strategically located close to the highways
and metro stations, it has good connectivity.
It is particularly attractive to the tech companies, IT
firms, and retail businesses with advanced infrastructure and an environment
that is business friendly.
4.
The Hub - Central Delhi
A retail-cum-commercial development in Central Delhi, The
Hub has been conceptualized as the address that brings offices, retail spaces,
and entertainment zones, all under one roof. The best location is its due to
the place's central position in Delhi, close proximity to Connaught Place, and
the most significant business districts in town.
This commercial project will suit best the needs of
companies that aspire for high visibility and footfall. The Hub promises
world-class amenities, including conference facilities, luxury retail outlets,
and dining options-a perfect blend of business and lifestyle.
5.
Select City Walk- Saket Expansion
The landmark retail and commercial address in South Delhi
is City Walk in Saket. This project, moreover, will add on more premium retail
space and modern office units to cater to the rising demand and needs in the
region. Select City Walk already has a well-established reputation coupled with
excellent foot traffic and being a close neighbor to affluent neighborhoods
makes it a prime location for high-end retail brands and corporate offices.
Several
Factors Driving Growth in Delhi's Commercial Realty
1. Infrastructure
Development
Expansion of metro networks, development of highways, and
new business districts are greatly boosting commercial realty in Delhi. There
is an increased demand for places like Dwarka Expressway and Aerocity, which
are well connected and have better infrastructure.
2.
Increasing Demand for Office Spaces
With companies opening headquarters or branches in Delhi
in droves, office spaces are in high demand. IT and media are among the
preferred users of flexible office layouts and co-working spaces, as are
premium office towers.
3.
Government Initiatives
Government policies like the Smart Cities Mission and
Make in India have been attracting investors for commercial real estate
property. SEZs and business parks are being set up for the development of
primarily manufacturing, IT, and pharmaceutical industries.
Factors
to be Kept in Mind before Buying Delhi Commercial Property
1.
Location
Right location is the key to achieve the maximum return
on investment. The prime location that promises one good rental yields and
appreciating property could be Central Delhi, Aerocity, and South Delhi.
2.
Infrastructure and Amenities
These properties must have modern infrastructure like
parking facility, power backup, and high speed internet connectivity.
Facilities such as food courts, business centers, and green spaces can
significantly increase the value of a property.
Legal
and Regulatory Check
There is always a legal check before you commit yourself
to commercial property investment. It makes sure that the titles of the
property are clear, approvals are in place, and litigation is free. This, in
turn, will save you from legal inconveniences in the future.
Conclusion
Delhi is a bustling city that brims with the potential
for new and exciting commercial developments sprouting in the city. Whether you
are a company looking to relocate to a new office space or a retail investor
seeking great returns, investment opportunities abound within Delhi's future
projects. With infrastructure enhancements, government initiatives, and an
emerging trend of demands for business spaces, never has there been a better
time to invest in commercial properties in Delhi.
FAQs
What
is the average price for commercial properties in Delhi?
The average price for commercial
properties in Delhi would be in the range of ₹10,000 to ₹50,000 per square
foot. The prices again are location and type-specific.
There are a few areas in the city that bring in the
maximum rental yields for commercial property. These include Connaught Place,
Aerocity, and South Delhi mostly.
Does
investing in Delhi commercial property come with tax benefits?
Yes, there are the tax adjustments on interest on loans
and the act of depreciation of property.
What's
the future like for Delhi commercial property?
There will be several infrastructure projects, and
business parks developed in the near future. This will definitely alter the
real estate landscape in this city as it will spur on the demand for this type
of property.
Is
it a good idea to invest in new projects?
Investment can be done in emerging Delhi commercial
properties, if it appears to be secure.
Yes, if you do your thorough homework on the law and are
confident that the property has all the clear titles and approvals.
Comments