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Important points to consider before buying a commercial property

Decision of buying a commercial property is like entering into a new venture. One does the research & market study but never knows what the future it has. All the parties involved, buyers, sellers, agents, etc. are prone to or exposed to the risk of demand & price movements. At the same time, when the prices go up, all the parties reap the benefits that could be substantial. Before deciding to buy a commercial real estate, it is critical to evaluate various risks involved. One must not end up in a situation when in few years renting or leasing the same property reaps a better result. Each risk must be studied carefully along with mitigates available, and none should be ignored thinking itu2019s insignificant or might never affect your business. In this presentation, we have given all the possible things to be considered before buying any commercial property. Visit at http://www.banyantreegroup.in for more information

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Important points to consider before buying a commercial property

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  1. Decision of buying a commercial property is like entering into a new venture

  2. Location connectivity via road, rail or water transport is required to run the business successfully

  3. Budget Any activity, which needs investment, needs a budget planning before execution. Similar is true for a commercial property purchase transaction

  4. Physical condition of the property This will give an idea of wear and tear this property must have gone through and what kind of repairs it might need in the future

  5. Usage Every kind of business would put the property to a different purpose

  6. Support Services Support service must be available after purchase.

  7. Litigation on property  The commercial property should be free of any old or existing litigation

  8. Hidden Costs potential costs must be estimated in advance and discussed in the contract itself

  9. To avoid all potential risks and sail through smoothly Visit our office at Suite: 208 Haute Street 86A Topsia Road (South) Kolkata - 700046 Directly call us at 033 66138972 Mail us at enquiries@banyantreegroup.in Visit us at http://www.banyantreegroup.in

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