Why AIPL Joy Gallery Is The Best Commercial Premium Investment In Gurgaon?

ABOUT GURUGRAM’S REAL ESTATE MARKET

Gurugram real estate has been the hot topic for discussion in the Indian Real Estate market for the last few years as it is counted as one of the top locations to invest in. While the city is popular for both residential and commercial properties, it especially peaks the interests of commercial real estate investors due to its growth and development.

In terms of revenue collection, Gurugram’s real estate market is one of the best in India. Gurugram’s commercial properties are bought by many big industries, multinational companies (MNCs), corporate businesses, and big retail brands.

Gurugram is especially famous among the public for its entertainment hubs, shopping centres, high rise malls, food courts, lounges, etc. The recent advancement in connectivity and transportation system has also added to the reputation and has made it the eye of the fish for many investors looking for enticing opportunities.

In this article, we will be telling you about one such opportunity for commercial real estate investors.

About The Developer Of AIPL Joy Gallery

Advance India Projects Limited (AIPL) is a big name in the Indian real estate industry. They offer a wide range of properties including residential, commercial and retail properties in premium locations of Delhi (NCR), Punjab, Rajasthan and Maharashtra. With over three decades of experience, AIPL has grown and thrived immensely in the real estate market. The innovation and excellence of their projects have continuously taken them to new heights.

AIPL is known to be the master of commercial real estate properties. In Delhi (NCR) alone, through their landmark commercial projects, they have developed and managed commercial spaces for over 70 MNCs and Indian corporate houses.

They believe in change and with their motto – “Dream the Change. Create Change. Live the Change.”, it is clear that they want to bring the change they want to see and live in. They view each of their new dreams; new projects as an opportunity to exceed the expectations of their customers and create a bigger impact than last time by elevating to a new level of success. They want to fulfil the desires of their clients and create value for their shareholders.

About AIPL Joy Gallery

AIPL Joy Gallery is a high-end mixed-use premium Retail Development located on the main Golf Course Extn. Road in Sector 66, Gurugram. It is spread over 4.28 acres of land and offers 720 units in 1 tower. It is the future of retail in the city with Premium High – Street Retail, F&B outlets with a food court, Restaurant and Cafes, and Entertainment Zone. The project offers retail shops on ground, first and second floor and office spaces from there on up to 24th floor.

AIPL Joy Gallery is designed by world-renowned DP Architect who is known in the real estate industry for his work in designing retail projects, resorts, hotels, commercial offices and residential projects. Some of his best works include The Dubai Mall, The Orchard Central, Singapore and Select City Walk, Delhi.

The location of this project offers a lot to its owners. The property is near Township and group housing development which is advantageous for the business. It also receives engagement from a large working population from ITSEZs that are in close proximity to the area.

Project Highlights Of AIPL Joy Gallery

• AIPL Joy Gallery is home to spectacular shopping outlets.
• The project is strategically located to invite customers for retailers.
• AIPL Joy Gallery is surrounded by commercial office spaces, retail malls, and high-end residential projects.
• AIPL Joy Gallery is a hypermarket which gives retailers a certain edge over their competitors.
• AIPL Joy Gallery offers high – street retail to its customers.
• AIPL Joy Gallery has F&B outlets with a Food Court.
• AIPL Joy Gallery offers Restaurants & Cafes for the leisure of the public.
• Entertainment Zones are also offered by AIPL Joy Gallery furthering the experience of the public shopping at the project.
• AIPL Joy Gallery offers restaurant spaces with green terraces embracing the sustainability goal.

Location Advantages Of AIPL Joy Gallery

• The location of AIPL Joy gallery is in the Village – Badshahpur, Sector – 66 of District – Gurugram which is 1.10 km away from SH-13 which makes it easily approachable.
• The nearest railway station is Old Gurgaon Railway Station which is 10.30 km away in the NNW direction from AIPL Joy Gallery.
• It is well connected to the Sohna Road and Golf Course Road.
• The nearest airport which is located on Southern Peripheral road (SPR) is 30-minute drive away.
• AIPL Joy Gallery is easily accessible from NH8.

Amenities Offered By AIPL Joy Gallery

The following amenities offered by AIPL Joy Gallery are what makes the investment worth each penny as these will add to the experience of the public, inviting more customers and boosting the business.

1. ATM
2. Lift
3. Fitness Center
4. Food Court and Multiplex
5. Front Facing Shops
6. High – Street Retails Shops
7. Entertainment Zone
8. F&B outlets
9. Office Space & Open to Sky
10. Visitor Parking

PRICE OF AIPL JOY GALLERY

Configuration	Size	Price
Ground Floor – Retail Shops and Anchor Store	900-3500 sq. ft	Price on request
First Floor – Retail Shops	700-1200 sq. ft.	Price on Request
Second Floor – Retail Shops, Food Court and Restaurants	600-1200 sq. ft.	Price on request

Conclusion

AIPL Joy Gallery Gurgaon located in sector 66 is one of the flourishing high street mix commercial projects. Based at bang on Golf Course Extension Road, it features great pace. The premium commercial location also acts as a prime aspect for commutation for the people. Result in a bother free commutation leaving the traffic bedlam of the city. Whether you wish to invest in a Foodcourt, Multiplex, anchor shops, office space or service apartment, each and every segment guarantees secure returns on your investment. Book your preferred space in AIPL Joy Gallery Gurgaon today and own your premium luxury space in the millennium city. To find out more about AIPL Joy Gallery or familiarise yourself with the best real estate investment opportunities, reach out to us at Space Creators and our top experts will cater to all your queries.

Source: https://www.spacecreattors.com/blog/aipl-joy-gallery-best-investment-in-gurgaon.php

Pre-Rented Property : A Complete Guide

Pre-rented property, as the name suggests, is a property that is sold with a rental agreement still in place. To simplify, a pre-rented property is referred to as a property that is rented to any organization or enterprise and is then sold to the buyer with that rent as an income. The transfer of lease takes place immediately after the transfer of the property to the new owner. Additionally, the buyer of the pre-rented property will now enjoy the rental income. Pre-rented properties are usually a better fit for investors as it offers a higher premium where the Return On Investment is assured.

We could use an example to simplify the aforementioned term. Mr. X owns a 5000 square ft shop in New Delhi in the main market. He/She has leased the shop to some startup at a rent of Rs 10,000. He sells the shop to Mr. Y for Rs 1,00,00,000. According to the new arrangement, the startup will now pay the rent to the new owner of the property, Mr. Y.

WHY INVEST IN A PRE-RENTED PROPERTY?

Investing in a pre-rented property has its own set of benefits. The most important one is convenience and less friction in the accomplishment of the goals of the investor. Further there are many benefits some of which are mentioned below:

• Assured returns:  When an investor invests in a pre-rented property, he is entitled to the rental income and the tenants from the previous owner. Therefore, the investor must not be in a hurry to find the tenant for his property. The investor receives an assured rental return from day 1 on his investment with absolutely no waiting period.
• No hassle in finding the tenant: One of the major pros of a pre-rented property is that it sets you free from finding a tenant for your property. The owner of a pre-rented property does not have to get involved in the long and tedious process of finding the right tenant saving him advertising costs and time too. Further, since the rental contract is already established, it saves the new owner the legal hassles as well.
• The benefit of Capital Appreciation: Apart from assured rental returns, the investor usually makes an investment in real estate with an outlook of capital appreciation over a period of time. This seems like a profitable deal for the investor if he wants to maximize his Returns on Investment (ROI). Pre-rented properties have proven that they have the potential to get rented. This helps in raising the value of the property as it increases the opportunity cost of selling. In the long run, it yields a premium price.
• Source of Regular Income: A pre-rented property being an appreciating asset can be a great investment opportunity for buyers. Since pre-rented properties are dependent on timely rent, they are often well-received for a regular source of income. This is very lucrative for investors who need a ready-made package offering a monthly income without any hassle.
• Medium to Low Risk: Investing in a pre-rented property is often regarded as a safe investment. Returns will be assured for the buyers since the property will be rented for a particular period of time. Also, the probability of tenants vacating the pre-rented property before the expiry of the specified duration is fairly low. Further, the rental agreement is pre-decided which gives the investor a foresight to plan for the future course of action and minimize his risk.
• Shorter processing time: Since the previous tenant has performed his due diligence with respect to the tenant, all the troublesome and hassle job is already done for the buyer. With all the required relevant information being available, the investor is assured of the credibility and capability of the tenant to pay timely rent. Generally, it takes time to develop this kind of credibility, while the pre-rented property offers this in a package with the property itself.
• Offer Easy Liquidity: One of the major drawbacks of holding real estate investments is their illiquidity. Since pre-rented properties yield regular rent, they are easier to sell in the marketplace. This is because of their being rented which is an added advantage over other properties. Pre-rented properties are sold more easily than other properties of a similar kind.

All these focal points drive the investors to purchase pre-rented properties. However, one should not turn a blind eye towards the shortcomings these bring. Some of them have been discussed below.

SHORTCOMINGS OF PRE-RENTED PROPERTIES

1. Huge Investments: Good pre-rented properties with prominent locations and infrastructure facilities require high investment. This becomes a major drawback restricting the investments by High Net worth Individuals or HNI’s. Small or medium investors find it difficult to invest in such properties.
2. Lease term: The investor must perform his duty of carefully checking the lease term. If the lease expires and the tenant vacates the pre-rented property, it is often time-consuming and troublesome to find new tenants. Therefore, he will have to incur a loss of rental income accompanied by diminishing returns. Further, there is a lack of control over the property since it is already rented and a longer lease period might bind the investor to the property. He/She might not be able to make any modifications to the property until it is vacated.
3. The creditworthiness of Tenant: It is a must for the investor to check the creditworthiness and the profile of the tenant. The tenant should have a stable and long term business. Many government companies, banks and FMCG’s are known to have a better holding capacity than some companies who might vacate in the absence of finding the required business.

CONCLUSION

The purchase decision for a pre-rented property depends solely on the buyer’s expectation. If the buyer wants more control, it is not a suitable option but on the other hand, if the buyer himself wants to rent it, then it is a very convenient option as it saves the buyer hassle of finding the tenant. Assured stable returns and capital appreciation make this arrangement widely popular for the commercial real estate market. In the current scenario with renting space witnessing a high growth keeping in trend with the whole real estate market, pre-rented properties offer high utility.

Source: https://www.spacecreattors.com/blog/investment-in-pre-rented-property.php

Pre Rented Property in Gurgaon

Are you looking for Pre Rented Property in Gurgaon? Pre-Rented Property is the best investment to earn money monthly. People from the world are investing in premium pre-rented property. From the current scenario of the world, Real Estate is one the field where you can invest your money and get hefty of amount monthly.
We have a better deal in which you can earn 90,000 monthly! Yes you can

Highlights

Ground Floor Retail Pre-Rented property at MG Road, Gurgaon

Rent: Rs. 144sqft.

15 Years of Fresh Lease

5 Years Lock-In

Contact 9711622995 now for this Deal!

For more attractive Pre-Rented Deals visit us.

Pre- Rented Property and it’s Benefits

The best Pre-Leased commercial property is the property which is accessible and on rent to an MNC, Bank, Branded Retail or Car Showrooms.

There are a plethora of benefits of investing in a pre-rented commercial property.

1. No risk involved like the pre-launch or under construction options, with executing registration and transfer of property.
2. Long term and immediate regular monthly returns.
3. High-quality tenants like Banks and Multi-National Corporations, Financial institutes, Branded Retails, etc.
4. Property appreciation with higher profitability.

While investing in a Pre- Rented Property, Investors must go through some guidelines or pointers which could help them grow their money faster and with higher returns.

1. Tenant: Tenant is the most important factor to determine the real rental income from a property. MNCs are the favourites amongst investors as Multinational Corporations not only pay rentals on time, but they also increase the capitalized value of the property.
2. Location of the Building: It is the deciding factor about the capital growth of the property as to how much it is going to get appreciated in the future. Good location produces a lower vacancy rate, higher capital appreciation, and long-term tenancies.
3. Exit Route: If an investor wants to sell the property in the future they must engage with a hassle-free process.
4. Lease Terms & Lock-in Period: Lease terms can be anything between 5-15 years. However, long-term leases are always a safer bet. The security deposit given to the landlord by the tenant exhibits the confidence and the steady cash flow of the tenant. Security deposit usually ranges from three to six months of rental value. Lock-in indicates the tenant’s strong business forecasts and commitment of a lease. The deal becomes more justified with a high lock-in period. A good deal is considered to be the one that has a long lease term with a minimum of 30 per cent –40 per cent time.

Frequently Asked Question?

What is Pre-Rented Property?

A property which is accessible and on rent to an MNC, Bank, Branded Retail or Car Showrooms is a Pre-Rented Property.

What are the advantages of investing in Pre- Rented Property?

No risk involved like the pre-launch or under construction options, Long term and immediate regular monthly returns, High-quality tenants like Banks and Multi-National Corporations, Financial institutes, Branded Retails, etc., Property appreciation with higher profitability.

What are the things to keep in mind while buying a Commercial Pre-Leased Property?

Tenant, Location of the Building, Exit Route (in terms to sell the property without any hassles) and Lease Terms & Lock-in Period

What is the Best Tenant for a Pre-Leased Property?

MNCs are the favourites amongst investors as Multinational Corporations not only pay rentals on time, but they also increase the capitalized value of the property.

Source: https://www.spacecreattors.com/blog/pre-rented-properties-and-its-benefits.html