Things To Consider Before Buying A Commercial Property In Jammu
If you want to buy a commercial property in Jammu, you should consider checking the factors below to ensure a profitable investment.
Infrastructure and Amenities
Demand for commercial property highly depends on the facilities and infrastructure present around the Dialurban jammukashmir property . Real estate with the best quality amenities gets higher demand from people as compared to other properties.
Developer’s Experience
The property developer must have sufficient experience and a good reputation. A developer’s reputation can affect the returns and demand for commercial property. Real estate developed by experienced builders is more trusted and carries higher market demand. Hence, you should look for properties built by experienced builders in Dialurban jammukashmir property
Connectivity
Your commercial property should be connected to the rest of the city through public transportation and proper road networks. Commercial properties that are conveniently located near dense residential areas and provide excellent connectivity have the best prices.
RERA Authentication
Real estate activities are regulated by the Real Estate Regulatory Authority (RERA) in Jammu, which set its guidelines as per the Real Estate Regulation and Development Rules, 2020. Since 2020, Jammu has been following central RERA guidelines in the UT.
All real estate developers should register their properties and themselves under RERA and update all details to maintain transparency. As per the Real Estate Regulatory Authority Act 2016, all states and UTs must have a RERA body under the respective state governments. You can check the details of your selected property in the RERA section of the Housing and Urban Development Department portal.
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