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That is not residential land but its used for carrying out business operations so it is considered a commercial purpose in real estate
The estimated returns from residential real estate properties are around 3% – 4%, whereas, from commercial properties, it is around 8% – 10%. Always there is a solid intrinsic value. In commercial real estate properties, both the land and the structure has value and it is a hard asset. One of the most popular investments among the modern population is Commercial real estate investment rents. Commercial real estate investments have a high potential to provide high profitability. The office space and business space demand are always used to increase according to the rapid growth of more and more businesses in the market. |
