Owning commercial land has always been a wise decision, especially if you have invested in commercial land in time. Your commercial property is gaining more value day by day, this typically happens when the local real estate markets witnesses large scale development in your local neighbourhood. A very famous saying by Mark Twain – “Buy land, they’re not making it anymore”.
Owning a commercial land
Owning commercial land and knowing the real value is important. Well planned and timed commercial investments would pay rich dividends in the future, making you richer and wealthier. As a commercial land investor it is very important to view a wide horizon, keeping in mind the future developments that would take place in the local neighbourhood. In a country like India, most of the commercial land is zoned and auctioned by the local government authorities; you could pick your choice and bid your offers, or keep your commercial real estate broker informed of your interest in commercial land investment. A good broker could offer you a lucrative land deal through second sales, you may be lucky to latch on to a land deal which is in a consolidated format with a good frontage along a national high way. Or has access, frontage of two major roads. Consolidated commercial land formats could give you very high value returns in the future.
As a commercial property investor / owner you have a choice, which you can use to get higher returns on your investments. Property investors do not hold on to properties for a very long period of time, as they aim to get returns on their investments faster as possible, most of the investors exit during this stage