Commercial Property – A Very Profitable Investment Option

Saving for the rainy day is a basic human instinct. Generally, people try to inculcate the habit of saving in their children right through their growing years. Thus, by the time the kids start earning, they are inclined towards putting aside a part of their earnings for future use. Today, as people have become more literate and aware, they have realized that saving merely in the form of money in the bank is not enough. The growing economy offers a number of investment avenues through which their money can multiply at an amazing rate. One of these is investing in property. In fact, real estate investment is considered one of the safest investments in the world! Usually, when people talk about buying property, they mean purchasing a house, villa or condo, etc. that they can live in or rent out. However, those who are seriously interested in making their assets grow by investing in real estate do not limit themselves to residential properties and put their money in commercial real estate as well. Commercial properties are the places or buildings that are meant to be used as workplaces. These can be a factory, shop, office, hotel/restaurant, business center, etc. Depending on your budget, you may buy an entire commercial building or just a single unit in it. Investing in commercial property offers several advantages. The chief among them are – * High income – Commercial properties may come at higher prices than residential units, but their rental values too tend to be significantly higher. The appreciation in the rents also happens at a better rate. Most commercial properties can be used by any sector of the economy. Therefore, down slide in a particular sector does not cause any loss to the owner. * Long-term tenancy – Commercial places tend to be leased out for a longer time period than the residential properties. Businesses benefit by offering a stable and established location to its employees and customers/clients. Relocating too frequently is detrimental to their image and also causes considerable expenses. Thus, the owner of a commercial property is assured of long-term tenancy and regular income. * Least maintenance headaches – As compared to individuals or families renting your residential property, businesses occupying your commercial space make fewer maintenance demands on you. Once you modify the place as per their requirements, you will not have hassle to keep the tenant satisfied. * Excellent capital appreciation – Over the years, real estate has proven to be a more secure, stable and profitable investment avenue as compared to other options like the stock market. Commercial real estate particularly has shown tremendous appreciation in capital value. Thus commercial property is something that would appeal to intelligent investors who are interested in a good, long-lasting income-producing asset. Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar.For more information on great deals in Sunny Enclave and the best Sunny Enclave Plots check out our website

Go Green In Real Estate With These Tips

Many residential property owners groan whenever they hear the term – Go Green, with their mind set filled with the thought that any mention of the word “green” involves greenbacks sliding out of their wallet. This trend is diminishing rapidly however, primarily due to the fact that a large number of residential property owners across the country are discovering the highly impressive number of benefits offered to them and an even larger number are enjoying the same.

Many residential property owners believe that “going green” means getting involved in a large amount of activities which would disrupt their everyday activities. The truth, however, is that going green is actually a process which can be phased as per the convenience of the residential property owners.

The core objective of going green is to not only minimize the amount of pollution caused by the house, but to increase the efficiency of the house to the point where the savings reimburse the residential property owners for the additional initial expense and then go on to offer them these savings for a much longer time, as compared to conventional building practices. The following pointers show residential property owners the benefits of going green.

Installing LED lighting in the home is one of the best ways for residential property owners to “go green”. Many people might have their doubts about this new type of lighting but energy efficient CFLs or Compact Florescent Lamps consume one-fourth of the energy used by incandescent lamps.

LEDs consume one tenth of the electricity required by an incandescent lamp to provide the same amount of light. Combine that with no risk of mercury leakage as opposed to CFLs and a total life which is over six times more than that of a CFL and over forty times that of an incandescent lamp. This, along with the extreme durability of LEDs makes them the clear winner.

Another great tip is to opt for the harnessing of solar power. If you live in an area that experiences a lot of sunshine, then you can harness that energy to handle minor energy expenses. Electric water heaters are very energy intense, but a solar water heater can eliminate that expense completely. Solar panels can also go a long way in providing efficient power backup, in case of a blackout or an emergency. Using solar energy as a supplement to the existing power structure eases electricity bills as well.

So, join the ranks of the thousands of residential property owners across the country who are embracing green building practices and just sit back and enjoy the savings that come with working in tandem with the environment.For buying any property in Sunny Basant Enclave or for information on Sunny Enclave Plots contact us at our office