Gurgaon is a great business hub and one that has caught on well in consumer spending. Young couples and corporate who have moved to Gurgaon to work and live are more of the modern style of thinking and are spending the bucks. Great buying options sprawl the city and options galore for those who want to live the life. Retail spaces or shops are spread across all areas of Gurgaon.
If you are looking to put in money, options range from a mall to a Vyapar Kendra; it is your call to pick up an investment option, be it MG Road, Sohna Road, Golf Course Road, Golf Course Extension Road, or areas of DLF phase 1,2,3,4 or 5. All areas of Gurgaon have commercial properties and almost all developers have some commercial space to sell.
To buy or rent is a tricky call sometimes and it is best recommended that when in doubt, go for rentals. Once assured, then you can take a call to invest. Buying is a long term decision and when you are moving to a new area it is best to tread carefully. If you are only looking to invest and not actually use the space for commercial purposes, it is best to rent and then take a call on buying. Ready to move in retail properties give you more clarity as the presence of good brands can boost a place and its footfall, and lack of brands or occupancy can hurt you. If not, even though you are a great business, you still need people to be physically presence to know you and do business with you.
There are options to buy retail spaces in various commercial projects. The recommended developer to sell them include Ninex who have delivered Time Centre on Golf Course Road, Essel Tower on MG road and Ninex City Mart on Sohna Road. Of course, there are other ones including Vatika and Bestech who are doing pretty well in terms on rental incomes on their retail spaces. Malls on MG Road are among the premium to sell retail spaces.
Retail spaces are best bought on location advantages and although a Preferred Location Charge can be taken by a builder, it is still much easier to rent out one with a better location than to say the PLC and not be able to rent it out when you need to. So be thoughtful when buying one. What looks good on paper may not be as advertised. Look at surrounding areas and access road on the approved plans to visualize the commercial viability and strength of a commercial entity.
Lastly choose a good real estate agent. An experienced property dealer has the immense knowledge and experience that you are seeking. If you try and save on the broker fees, it may make short term monetary sense but you may get duped or buy a property difficult to dispose off or rent out later. Are you sure you are getting the best rates? Why not ask an experienced realty consultant to get you the details. A good advise, suggestion can make all the difference in realty decisions.