Invest In Commercial Property In 2024

When we think about investing, several questions pop up in our brains because investment is a big decision, and that is, too, if you spend a big chunk of money. Everyone wants their money to grow because if your hard-earned money is kept like a television or refrigerator, it will just depreciate or be less valued with the gradual passing of time. Inflation will kill your money's overall value, and it will only decrease further. To skip the effect of inflation, everyone wants to invest to grow their money's value, simultaneously saving it from inflation.

But the question that pops up is! 

Today, we will discuss one of the best and most sustainable investment options in 2024; the only option that is risk-free, and with guaranteed returns. Real estate is the most sustainable and result-driven investment option; it is one of the fastest-growing sectors in India and the sector that gives huge and guaranteed returns to investors.

You might be wondering why I should invest in real estate only. There are many other sectors to invest in, and they give more returns to us; there are several investment options such as shares, mutual funds, Fixed deposits, Mutual funds, Public Provident Funds, Bonds, NPS, Post office saving schemes, Unit linked insurance plans, Debt funds, and SCSS but how secure they are? Are they sustainable? Even some of them will take a long time for maturity, and still, the returns are not guaranteed, and if you get returns, it's like peanuts. 

While making your investment decision, you have to decide whether you are investing to earn or burn. Because these schemes will only benefit you, if you invest for 20 or 30 years, it's like saving your money for retirement, and then what happens? God says, "It's time to come." These schemes only make you poorer and those running them richer. Just think about inflation and market price. After 20 or 30 years, your money will grow, but after 20 or 30 years, the value will be the same as today or maybe less because it will grow with inflation. So, it's not inflation-proof.

There are different segments in real estate, such as residential, offices, retail studio apartments, etc.. But, we will only talk about commercial real estate, especially as we are talking about money cultivation.

Why Invest in Commercial Property in 2024?

The question becomes legitimate: Why should you invest in commercial properties? In 2024, the outlook for real estate remains positive. The real estate sector is expected to maintain its positive growth momentum due to the anticipated economic growth, government initiatives, and infrastructure development.

The commercial segment of real estate has shown a huge upliftment in the past few months, whether it is office space or retail shop; demand for both is increasing drastically and will move further because the growing number of industries is leading the demand of commercial property for sale in India.

In 2023, India's real estate market experienced remarkable growth, fueled by investor and buyer confidence. Abhishek Trehan, Executive Director of Trehan Iris, noted a sustained momentum throughout the year, with the top six cities absorbing a record-breaking 38 million square feet of office space in the first three quarters alone. This surge in demand drove office space rental rates up by 17 percent annually in Q3 2023, with Delhi-NCR ranking as the sixth most expensive office space rental market in the Asia Pacific region.

The retail space segment also flourished, witnessing a 46 percent increase in leasing across the top 8 cities compared to the previous year. Factors contributing to this growth include the sector's resilience, investors' confidence, brand expansion, new market entries, and increased consumer spending.

Looking ahead, Abhishek anticipates further growth in the retail space segment as developers focus on expanding their portfolios to meet strong demand.
Aman Sharma, Founder and Managing Director of Aarize Group, shares similar sentiments, noting that increased investor and developer sentiment has revitalised the commercial and retail real estate categories. There is a growing emphasis on real estate investment trusts (REITs), providing better visibility into cash flow and reflecting the overall growth trajectory.

A joint report by the National Real Estate Development Council (NAREDCO) and Knight Frank also projects that India's real estate industry could reach a substantial value of USD 5.8 trillion by 2047. This expansion is expected to drive the Indian economy forward, catering to the evolving needs of various asset classes, including residential, industrial developments and commercial. Because of this Commercial prosperity for sale has become the most searched topic on google regarding real estate.

The synergy between residential and commercial segments and the emergence of Tier 2 cities sets the stage for a promising outlook in 2024. Continued growth and innovation are expected to characterise the industry, paving the way for a dynamic and prosperous future.

Conclusion

Real estate is one of the fastest-growing industries in India. As India is a growing economy and a newly industrialised country, the demand for commercial property for sale  has been growing rapidly, and the overall real estate sector is approaching remarkable growth. Investing in the real estate sector now, especially in commercial space, will be an investment booster for you.

If you are looking for the best commercial property in Noida, you can reach us at on commercialnoida.com or 7053707070