New and Emerging Commercial Properties for Sale in Delhi

Posted by Dheeraj Maurya
7
Sep 22, 2024
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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.

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