Title: Benefits of a Commercial Plots in Raipur
1(No Transcript)
2INTRODUCTION
- Whether you are an investor, property owner, or
businessman deciding whether to use a residential
unit as an office or rent out a commercial
property, we can help. - Compared to residential properties, a Commercial
plot in Raipur has the following advantages. - Lets dive into some commercial benefits.
3Negotiating Responsibilities
- In terms of major repairs, maintenance, and
overhauling, most standard residential leases
assign the responsibility to the landlord. - The landlord should foot the bill for the
following tenant to maintain the service. - The companies who lease Commercial plot in Raipur
are pleased to have the freedom to move furniture
and fixtures and make alterations to suit their
needs.
4Comfort, Endurance, and Collateral Value
- The location of any commercial plot in Raipur is
likely to attract entrepreneurs and businesses
that want to own the place long-term, ensuring a
fair return. - It enhances the stability of your investment and
also reduces potential losses due to an interim
vacancy. - Both the tenant and the landlord benefit from
this arrangement.
5Reduced chances of default
- There may not be a shroud rule here, but medium
to large companies are less likely to default on
their rent payments, as opposed to small
residential tenants. - You will have more leverage to negotiate a
fixed-sum deposit with a company where that
values the goodwill associated with its brand and
the stability of its operating base. - In addition, due to the additional investment
from your corporate tenant, they would not want
to leave anytime soon.
6No rent control laws, strictly
- The maximum rent increase allowed for residential
properties is set by state law. - A similar clause does not exist for any
Commercial plot in Raipur The longer a company
has been located in a particular location, the
less likely it would be to change its location. - They will also be willing to pay more for your
property.
7Exemption from RERA provisions
- If a builder designates a space for industrial
purposes only, the project is outside the purview
of the RERA - Therefore, increased disclosure and
post-possession liability obligations follow. - As with all residential property projects,
restrictions on the use of funds would not apply.
8conclusion
- While there are considerable advantages to
holding and renting a commercial plot in Raipur
does possess certain risks, all of which can be
successfully minimized by operating appropriate
changes to your contract. - It prohibits the landlord from evicting the
tenant for a certain variety of years. Generally,
longer lock-ins generate higher returns for the
investor.
9For More Details Please Visit www.sapphiregroup.co
.in