Best Real Esatate Agents in Delhi

What Are Tenants Looking For? Demand For Commercial Real Estate

Selecting an office is not an easy task. But it’s even more important to clarify a number of points during personal negotiations or when viewing an office.

It is clear that by acquiring an office, warehouse or retail space, the owner wants to receive income. But in order to sell something you need, you must first buy something you need. What is the demand for commercial real estate for rent today, and how the preferences of metropolitan tenants are changing.

Tenants are becoming more demanding on the quality of rented premises. However, in principle, the tenant is required to maintain the premises. He must thus repair all that has been degraded by him or by third parties.

In addition, tenants are ready to sublease small premises. Such offices are most often looking for individual entrepreneurs and organizations, in which mostly employees work remotely, or businessmen who are just starting their business.

Factors to Consider When Buying Property in Gurgaon - Real Estate ...

What does demand depend on?

In short and capacious, it depends on the economic situation in the country and the level of well-being of potential tenant companies. Therefore, it is clear that an office or warehouse of a considerable area will be more difficult to hand over than a small room.

If you look a little wider, then the demand for commercial real estate depends on several fundamental factors:

  • Building profile. A free-use premise is easier to “find” a tenant than a building converted to a bank office;
  • High passability of the location and convenient transport location will attract the attention of a wide range of tenants. Premises located on the outskirts or far from the metro – only if the cost of the company is more important than comfort;
  • Market conditions;
  • Recognition of a place (for example, a business center).

Offices

In the office space segment, areas of 100-300 m2 located in DLF cyber city-Gurgaon are most in demand. Such an area is optimal for companies representing small and medium-sized businesses.

Typical tenants are consumer services firms, the IT sector, trading and construction companies. While a fully furnished office space in Gurgaon speed up the entry of tenants, so it makes sense to furnish your property first and then put it on rent.

Blocks with an area of ​​500-1000 m2 are less in demand, so when buying or renting an office space, it is reasonable to consider the possibility of dividing the room into small blocks.

Warehouses

The most popular at the moment are spaces of 1000-3000 m2. As additional requirements, tenants indicate high ceilings, floor loads, a certain temperature, the presence of road and rail access roads, and a ramp.

The owner wants to get the maximum income from renting his premises, and the tenant wants to save. The intersection of their interests is the very point of adequate price. It is best to turn to real estate agents in Gurgaon for help: their objective assessment of the market situation and the potential of the space will be more accurate.

How To Avoid A Real Estate Fraud?

Real estate fraud is a general term used to describe the different types of fraud that the real estate industry faces.

How can I save myself from mortgage fraud?

  1. Protect your property by protecting your identity

No system can fully protect against the risk of fraud. Homeowners play a crucial role in protecting their property by guarding against identity thieves. We know that fraudsters pretend to be owners by obtaining a false identity document and that they then transfer a property that does not belong to them.

To avoid this situation:

  • Always keep your personal information, such as your birth certificate, social insurance card, bank account numbers, and credit card details in a safe place to which only you have access.
  • Never put your birth certificate or social insurance card in your wallet.
  • Shred documents, like credit card statements, before disposing of them.
  • Never reply to spam or emails that ask you to provide your banking information, credit card details, passwords, or other sensitive information about a property you own.
  • Check potential tenant references if you rent your property and be sure to regularly check the condition of the property you are renting.
  1. Be on the lookout for identity theft

To quickly highlight fraud attempts, pay attention to the following situations:

  • Tax slips or bills sent to someone other than you are sent to your home unexpectedly.
  • You get a phone call from someone seeking information about a mortgage that has already been negotiated for your property.
  • Your bills are not coming to you as expected.
  • Creditors contact you about purchases you have not made.
  • There are anomalies in your bank statements or credit card statements.

 

  • real estate
  1. Power of attorney

Another way to protect yourself is to be careful when drawing power of attorney. Before giving another person a power of attorney to take care of your personal property, you should consult with your lawyers or advisors in order to implement appropriate restrictions.

  1. Title insurance

Consumers can also discuss it with their lawyers and advisors about other methods of protection, including the benefits of buying title insurance.

When banks are victims of mortgage fraud, to whom do they turn to recover these funds?

In the case of a mortgage default, the property that guarantees the loan is resold by the lender, and this measure is sometimes sufficient to cover any loss arising from mortgage fraud.

If, after the sale of the property, there is a deficit, the lender may ask the insurers of the mortgage or title to repay the losses. There are also various professional liability insurance funds created by groups such as law societies and real estate associations to reimburse losses to their victims of crime. The bank may also sue the criminals themselves to recover the losses, in whole or in part.

Rental Of Real Estate: Managing The Rental Of A Property

Managing the rental of a property is a job that is not as easy as many think in advance. From the writing of the announcement, the visits, the financial management until being informed to avoid unpleasant surprises. Here are some tips on how to best manage your rental property.

Optimize the visibility of your property ad

The first is to write and publish an ad to find a tenant as quickly as possible. To increase the chances of having visitors, it is essential to write an effective ad and then publish it on the appropriate platforms. In general, your property will end up in the middle of many other ads. To highlight, you have to draw attention from the first lines. Place the main elements first: the number of rooms, the surface, the location, and the rental price. Then, specify if the housing includes a parking lot, provide details about the neighborhood, the surrounding transportation, or the presence of schools. You can take help of real estate agents in India.

Organize visits and the arrival of the tenant on the rental property

After publishing your ad on different specialized platforms, you should organize visits to your property. If your accommodation is empty, you can visit it whenever you want. If your house is occupied, you must agree a day and a time to make the visit with your tenant. You cannot enter the department unless the tenant has agreed explicitly.

Once this is resolved, you can arrange group or individual visits. This will depend in particular on the number of people wishing to visit the accommodation, but also on their availability (and that of their current tenant).

Choose the tenant and access a rental payment guarantee

Once the visits have been made, you must choose the tenant who appears to be the most serious and the one most likely to live on your property. To know the solvency of a tenant we can request your payroll and employment contract, in order to check your ability to pay and job stability. In addition, there are different registers of defaulters that you can consult and thus be prepared to request other types of guarantees or even reject the tenant.

Make repairs during the rental

Proper management of your property also means keeping it in good condition throughout the rental and thus ensuring its long-term preservation. If it is necessary to do a job during the lease, do not wait. Both for the comfort of your tenant, but also to avoid blocking the payment of rentals. Remember that the longer you wait to make repairs, the more expensive they will be.

If necessary, terminate the lease

According to the Law of Urban Leases, the owner can recover his home whenever it is to use it as a habitual residence for him or for a first-degree relative, as well as for his spouse in case of divorce or annulment. Even so, a minimum of one year must have elapsed since the signing of the contract and it must be communicated to the tenant at least 2 months in advance.

Managing your property is the most economical solution and real estate agents in Noida offers you all the necessary tools to help you simplify and optimize your rental management. Monitoring of rent and payments, rent receipt, reservations, tracking of expenses, reminders, assistance with the declaration of income of the property, unpaid rent insurance.

Things to be Considered before Renting a Office Space in Delhi

India’s Capital features in the list of the few cities where corporate sector is running in bulk numbers and the infrastructure is developing rapidly. Every year, people in big numbers in Delhi start up their business and enters into the world of the corporate sector and looks to generate genuine business opportunities.
However, it is not that simple as the biggest hurdle in kicking off a business in this country is to find an ideal office space in India. There has been saying in the corporate sector that in order to ensure a well-settled business one needs to have an ideal working space to conduct the business operation.
And, that’s where it becomes prominent to look for an office where you can start, run and execute your business operation. An ideal office space consists of numbers of private sections for the senior officials of an enterprise, a meeting place, a media room and clean kitchen and bathroom. Several things has to be considered in mind while choosing a perfect office like budget, space required, nearby traveling facilities, space for conducting a big pledge meeting and other factors too.
Well for the best possible results in searching the office space, you must visit the Jain Oncor as these are the big real estate agents and deals in the renting, purchase, selling of all kinds of the properties including the office spaces. Take a look to some of the factors that a businessman needs to know while looking for an Office Space in Delhi.
Well Furnished Office
The furnished offices have been the perfect pinnacle of an ideal office especially when the industrial sector is turning into the technical friendly industry. The offices which are well furnished, allows you to shift in quickly and even you can start the official work within the 24 hours. This will let you and your staff to start the production work from next day and can earn the money right from the very next day of starting a business.
A well furnished office even adds to the pride of the industry as the investors, clients, employers will also admire the house and would love to associate a professional relationship with you.
Availability of Short term agreement
It’s often seen that people take an office on the lease and signed the bond for one year, but it could prove to a big mistake if the business failed to earn the revenues. A short contract will come handy in such circumstances as it can be easily renewed once you want to continue the business operation at the same venue.
A high Profile Security
Security plays a prominent part in the Delhi NCR especially to avoid the circumstances like fraud work, robbery, or to make sure your staff remains secured in an uncertain situation. High-tech security cameras are required to keep an eye on the every single moment in the office for 24*7. Even, the other security hindrances needs to more solid to tackle severe situations.
Cost Effective
Business needs a big investment, but one needs to pull up their socks while looking for an office space. Make sure you are aware of the work space you required as one wrong-headed foot will lead you in renting an expensive office. Contact the best Real States agent in Delhi and discuss your need with them and look for the offices that you and your team require to keep the revenue ticking every month.
Technology Friendly Office
The evolving development and technology have raised the need for an industry to be the technology prone industry. There is hardly any industry which is working without the internet and other technical prone equipment. It becomes prominent to make sure that your office is IT friendly with the features of Wi-Fi, electronic security system, electronic attendance and much more.