Commercial Property for Rent in Gandhinagar

Introduction

Gandhinagar is the capital of the state of Gujarat in India located approximately 23 km north of Ahmedabad, on the west central point of the Industrial corridor between Delhi, the political capital of India, and Mumbai, the financial capital of India. It is also Gujarat's new capital city. There is a provision of parks, extensive planting and a recreational area along the river giving the city a green garden-city atmosphere. The Akshardham temple is located in Gandhinagar. There was a determination to make Gandhinagar a purely Indian enterprise, partly because the state of Gujarat was the birthplace of Mahatma Gandhi.

Price

The current price trends of Gandhinagar show the overall direction of the real estate market. These trends help an investor to know whether it is the correct time to buy or sell properties in Gandhinagar. Currently the price of properties in Gandhinagar starts from around ₹ 11.00 lacs while the average price of properties in Gandhinagar is ₹96.19 lacs. There are nearly 7 localities in Gandhinagar which are showing an upward price trend while 8 localities are witnessing a downward trend. Overall, Gandhinagar has a price trend which is moving down since the last six months. The current price trends of Gandhinagar show the overall direction of the real estate market.

Location

The commercial property provides returns through two primary sources, rent and capital appreciation, and both of them are essential parameters you should consider in your decision. Location is the foremost vital factor to be considered when it involves investing in commercial property. Before finalizing the property confirm it’s easily accessible from the other prime locations and features a sound infrastructure. Property on the prime location will guarantee assured returns on your Investment. Also, confirm the situation is well-planned and is in proximity to other commercial hubs.

Key Takeaways

Commercial properties for sale in Gandhinagar give better returns with some manageable risks. Gandhinagar as the economic cluster shows great potential for investment in commercial real estate because of-

Growing Commercial Hubs - Along with the established commercial hubs, there are some emerging locations in Gandhinagar that are ideal to invest in commercial property. 

Growth For Every Commercial Property Segment - Office Spaces, Retail Shops, and Warehousing have considerable demand in Gandhinagar.

Promising Infrastructure Growth - The upcoming advanced infrastructure in Gandhinagar to strengthen the commercial space real estate ecosystem.

Positive Future Outlook - The future of the commercial real estate landscape is encouraging with the scaling economic plans.

Conclusion

However, over the course of time, the trends in buying commercial property have been changed. Now, even the middle and lower section of the society are active participants in purchasing new properties. Considering this, there's been a considerable rise in the construction of commercial property for sale in Gandhinagar.