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Market experts say that the demand for commercial office has picked up due to the rise in demand for office space from large E Commerce companies and companies that are just starting now, although most of these expansions are happening in big cities, however tier II and tier III cities are witnessing this demand as well. Companies like Amazon, Flipkart etc. have already acquired large office spaces as they further expand their operations.

These days, investing in property has become highly profitable, be it residential or commercial. It is a general view that investing in commercial property is more profitable than residential. Even after the real estate scenario has become a bit worrisome, investing in commercial properties has been perceived as a positive move, as more of commercial activities are taking place these days.

 Commercial property is defined as property that is meant particularly for business purposes, which includes retail buildings, office parks, restaurants, warehouses etc. The investor usually possesses the building and collects rent from the business that operates there.

 Profits of Commercial Property

(1) Earning potential is higher here. As the income that is generated by the commercial property is related to its usable square footage, it is valued differently, unlike residential real estate.

 (2) Cash flow is generally higher per square foot and on an initial investment.

 (3) The leases are often much longer compared to residential property.

 (4) Banks value commercial property differently. Usually, a down payment of 30 percent or more is required here.

 (5) The landlord and tenant have more of a business to business customer relationship, which helps in keeping interactions professional and respectful, as the property is treated purely on business terms.

 (6) As the retail tenants try to impress the customers by maintaining the store or office space whereas the owner maintains and improves the quality of the property. This will, eventually, increase the value of their investment.

 (7) Unlike residential properties, where the tenant calls the landlord at any time either for some repair or something else, the owners of a commercial property do not have to attend late night calls from the tenant, as the business usually operated for a limited time. J90 best place for office space in mohali

 Even with these advantages, there are greater risks attached to commercial properties, when it comes to the damages that can happen to it as there would be regular visitors and customers. Moreover, for acquiring a commercial property, the initial investment is large, compared to the residential real estate. Nevertheless, it is more beneficial to invest in this sector, when we consider the higher financial reward.

The inaugural commercial venture of Mohali, Jade Business Park, takes pride in possessing a well-planned space for any business enterprise. It offers you the most suitable spot for office space, carrying with it some of the best remarkable features. Located on Mohali- Patiala State Highway, its strategic location, which has proximity to all the important sites such as airport, commercial hubs, shopping malls, schools, hospitals etc. gives Jade Business Park an impetus in attracting more and more business opportunities. The project site is housed very close to IT giants like Dell, PUNCOM, SEBIZ etc. Besides, some of the premier companies like Tata Business Services, Reliance etc. announce their nearby presence in the surroundings. It is a well-built industrial belt promising exposure to global companies like Philips, Ranbaxy, Mazda etc. to name a few. Thus, it provides a feel of carrying out business activities in some international business complex. Moreover, some of its unique features comprise of having maximum open area in the complex, modern exterior façade, luxurious entrance lounge having reception at the ground floor, properly ventilated construction with lavishly finished common areas, proper basement and surface parking arrangement, power back-up system ensuring high work efficiency, three tier security etc. The office spaces spread over six towers present flexible workspace for meeting various business needs. The atmosphere inside the complex in congenial for holding informal business talks too, by chilling out with a cup of coffee. Further, it houses a chain of high class restaurants, food courts, hotels etc., which shows itself to be an ideal stage for lunch and dinner business meetings.                        As it is a combination of commercial and residential properties, there are a lot of benefits attached to this. One of the most qualifying factors is that it helps in saving ample of time, which can be invested for many productive tasks. This further gives a boost for extending the business, thereby assuring higher growth, for both employers and employees. All the high class and most modern amenities provided by this business complex give sufficient space for working populace in executing the tasks well. Many of the premier educational institutes in Punjab is situated near J90 (Jade Business Park) like Indian School of Business, Indian Institute of Technology at Rupnagar, Punjab University etc. within commutable limit. This gives an upper hand for the companies placed in this complex for absorbing the best brains into their establishments. Thus, doing justice to their motto, ’Live, Work, Grow’, Jade Business Park has been gestated to widen the arms of day-to-day business, beyond the traditional cage. A blend of aesthetics and modern day facilities have placed a golden feather on the crown of this business enterprise.