highlights
Real estate as a source of income is an excellent investment opportunity.
The real estate market is booming and shows no signs of slowing down.
As land prices increase, so do business and home rents.
New Delhi. If you want to make money investing in real estate, you are definitely faced with the dilemma of whether to invest in residential (house, apartment) or commercial (shop, shop) real estate. The answer to this question is not that simple. Both properties have their own advantages. However, if your main goal is to generate regular rental income, it can be a little easier to get to the bottom line.
Nevertheless, one should not only focus on the fare when making a decision. That being said, there are some other things that you should only go towards investing after careful consideration. Let us know which are these very important points including the fare.
Also read this- After 12 years the property becomes a tenant? This work is necessary for the landlord, otherwise the court will not help either
To rent
The first is the rent, which is the most important point of discussion before investing. Rents for commercial properties are generally higher than for residential properties. While location and size matter, when rents are compared between residential and commercial properties that are in a nearby area, most of the time, the commercial property will win out. However, there is a screw here that says that if the market slows down in that location, the interest rate and commercial rent will go down, while residential rent will have no effect.
maintenance
The rent of a commercial property may be higher than that of a residential property, however the landlord is not responsible for the maintenance of a residential property. In the case of commercial real estate, on the other hand, these costs must also be borne by the owner of the property. This can become like an additional expense to a burden.
Renter
If the commercial property is in the best location, you will easily find buyers there for rent. However, if the property is not on the market or in a place where buyers do not want to go, you will find it difficult to find a tenant. Here, too, home ownership comes first. Here you can easily find tenants. That being said, buying a commercial property is a tall order in itself. Overall, the higher the rent for a commercial property, the higher the risk. You need to see how much risk you are willing to take before investing.
Be the first to read breaking news in Hindi News18 Hindi| Read Today’s Latest News, Live News Updates, Most Reliable Hindi News Website News18 Hindi.
Keywords: Business News in Hindi, business news, earn money, investment tips, real estate market, property
FIRST RELEASED : April 17, 2023 at 14:31 CET
