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

INVESTMENT IN COMMERCIAL AND RESIDENTIAL PROPERTY

Real estate has been the beacon of investment in India. Investment in commercial and residential property is regarded as a high-grade investment as it offers a tangible natural asset.

Investment in commercial and residential property has seen massive shifts in the last 10 years which have made real estate an even more lucrative investment. The commercial real estate market has grown substantially in recent decades as India has been experiencing an economic boom, more business houses have been established in India. The country has seen 7 times growth in the number of new businesses in the last decade. Due to this rise, the demand for commercial property has increased. Residential properties, on the other hand, have proven to be a sustainable option as they are usually purchased for end use by the buyer or for the purpose of long term investment. The question that arises is where should one invest – Commercial or Residential?

INVESTMENT IN COMMERCIAL AND RESIDENTIAL PROPERTY – A QUESTION

INVESTMENT IN RESIDENTIAL PROPERTY

• Rising Demand of Rental Properties: The current generation of youngsters prefers renting over purchasing a property. This is because of the changing nature of jobs. Current jobs require people to travel more, there are frequent transfers and these are less static. Moreover, youngsters don’t mind moving from one geography to another in order to grow. Hence, they prefer renting over purchasing a property. The rental market is bound to rise manifolds in the coming years, which can guarantee a high return to investors.

• Ever Growing Demand: There will always be a demand for a residential property because everybody needs a place to live. With the growing population of India, the number of new home buyers is increasing. This opens a wide spectrum of investments for the residential real estate market.

• Low Cost of Market Entry: Residential properties require a lesser initial investment to enter the realty sector. Small and medium investors find it easier to invest in the market due to the low cost of market entry. This is because commercial properties are generally required for business purposes, the property becomes a business asset. It is required for doing business, on the other hand, residential properties are majorly required for personal purposes. Commercial property in a tier-1 city may start from 5-10 crores while a residential property in the same city is half the price.

• Higher Risk: Frequent changes in tenants with low returns make an investment in residential property a less favorable choice for some investors. Additionally, fluctuations in residential property prices are influenced by many factors other than the general economic scenario. It depends on the market sentiment as well. This is in contrast to the commercial properties where the factors determining the prices can be understood more easily and strategies can be formulated well in advance.

INVESTMENT IN COMMERCIAL PROPERTY

• High Rental Returns: One of the best reasons for investing in commercial real estate over residential is higher rental returns. Commercial properties offer a higher income potential yielding annual rental returns between 6-12% depending on the area, whereas residential properties yield only 1-2% The reason for this is: Commercial properties are used for doing business, the rent is paid out of the income received from the business, the property becomes a prerequisite for business and hence stability can be achieved. For eg: A commercial property is rented to a retail outlet, the retail outlet grows with time, for such spaces, the location is a major factor in growth, now the business owner would always prefer keeping the same property, even if it means paying more rent. This benefits property owners in the long run.

• Higher Initial Cost of Investment: Entering the commercial real estate market requires a lot more capital than residential, for the same area. The high initial cost of investment makes its investment option less viable and restricts the entry for small investors. With large initial investments come running large following capital expenditures. This increases the risk as well, as the investment once has done can not be recouped easily. It required more research about prospects and a long term view to predicting the rate of returns.

• Interest Rates on Loans: If an investor wants to take a loan for his/her commercial investment, then he must be ready to pay a slightly higher interest rate. The interest rate for home loans is much cheaper than the interest rate for commercial spaces being 1.5-5% higher. The loan factor must be taken into account while making the purchase decision, as it sets the lower limit to the returns to be expected. For eg: Property Price: 10 crore, let’s say we take a loan of 5 Crore, the rate of interest is: 10%, so the interest, if we only pay the interest cost, comes out to be 50 lacs per year. This clearly means we need a property where rental would be more than 50 lacs per annum taking into account the upkeep costs, otherwise, we will lose money. If the rent is less, we need to decrease the debt component in our capital structure and maybe take a partner.
  On the other hand, we need a year on year appreciation of more than 5% which is the inflation rate to make a capital gain. Even on a 5% appreciation, we are still in profits, as the value of money taken from the bank remains the same because we will be paying the interest out of the rental income.
  Hence, the debt risk might be controlled with proper planning and research.

• Increased Effort: Although the commercial property will yield a higher return than residential, it will require a high amount of effort for the investor. The property must be chosen at a suitable place where the demand for commercial property will be higher in order to earn a higher rental income. 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.

• Introduction of REITs: Investing in commercial real estate can be difficult and in order to make it easy, a new innovation was introduced: REITS, Real Estate Investment Trust. In the early 1960s REITs were introduced in the US with an outlook to change the real estate market. Since then, REITs have been adopted by other countries as a preferred mode of investment. This system has helped small investors to make a productive contribution towards financing in commercial real estate. REITs adds to the advantage of investment in commercial property over residential.

• Key Markets for Investments: Some of the major markets for investment in commercial and residential property are Delhi NCR, Bengaluru and Mumbai Metropolitan Region also referred to as MMR. With better job opportunities and MNCs occupying a big chunk of land for their operations, Commercial Real estate is booming. Residential real estate is also witnessing a high demand for locations that offer good connectivity and are closer to major job hubs.

Investment in commercial and residential property: Conclusion

Any form of investment is a good investment if made congruously. Investment in commercial and residential property come with their own set of pros and cons that make them highly distinguishable. It depends on the investor’s expectations and his paying capacity. With the real estate market growing at a hearty pace, investment in commercial and residential property both have a positive outlook for growth, hence it is a win-win situation. An investor may even form a portfolio of both types to diversify his risk and guarantee himself a fairly higher return.

Note of Precaution: The investor must check all the documents carefully with the due diligence before investing in any such arrangement.

Source: https://www.spacecreattors.com/blog/investment-in-commercial-or-residential-property.php