Friday 14 December 2012

COMMERCIAL PROPERTY- Get it With EASE!



Business premises are source of prosperity and this prosperity majorly depends upon the location of the office. Finding a new address for the office premises is a tedious task as everything depends upon it i.e. future prosperity, values and clients. Hence, the change of the address should be made as per the requirements and needs of the business, also it’s important to make sure that the new premises are profitable for the business.
However, there are certain points that need to be kept in mind before taking the plunge.
Budget- It’s important to know the size of your pocket. You should be crystal clear about what kind of property is needed i.e. rented, leased or owned.
Location- Location plays a vital role in deciding the prosperity of the business. More attention should be paid to the locality as it should be convenient and of same type, as the environment can be a catalyst for further expansion.
Determination of Area- It is essential to be sure about the area of space required which depends upon the strength of the staff. However, it should be borne in mind that rate of property is directly related to area/space.
Hiring Agent-It’s important to get a professional and experienced broker and give him the detailed framework of the property needed by you. Broker being acquainted with the landscape market shall be able to shortlist the best for your business.
Viewing Properties- Firstly it’s important to have office checklist, as it would help to prioritize things and can be fruitful as well.
Analysis- Before getting into the deal it’s important to cross check everything particularly cost. It’s important to check if the other properties in the same locality have been sold at the same price and not lower than the amount you are paying. Here your broker plays a major role in elucidating you about the actual value of the property.
Layout & Design- It’s important to know what kind office is preferred by you whether a plan office or cellular office. Also make sure if any kind of work i.e. erecting a partition or bringing down wall is allowed particularly for leased properties.
Legal Solicitation- After being satisfied with the property it’s important to get the legal advice from a property lawyer. As the lawyer will check every minute clause and ensure that everything has been clearly documented and that your commercial interests are protected.
  Go through Properties- Builders in Bhopal are the best solution for all kinds of property in Bhopal and Indore. Be it a residentialproperty in Bhopal or a commercial property in Indore any real estate aid is available with a click  Go Through Properties

No comments:

Post a Comment