When buying a commercial property in Mohali, consider these key factors to make a smart investment. First, location is crucial. Choose a spot with good traffic, accessibility, and proximity to amenities. Second, check the property's condition. Ensure it’s in good shape to avoid costly repairs. Third, look into zoning laws to confirm your business type is allowed. Fourth, assess the financials. Calculate potential rental income, property taxes, and maintenance costs. Fifth, think about future growth. Pick an area with potential for development and increased property value. Lastly, hire professionals like real estate agents, lawyers, and inspectors to help you navigate the process. By considering these factors, you can find the right commercial property that meets your needs and offers good returns on your investment.
What are the key factors to consider when buying a commercial property?
1 min read
22 May
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