Commercial sites are basically those which are allocated for commercial / office purpose. These sites are allocated by the BDA and thee are some individual or private agents who also allot these commercial sites. The commercial sites allotted by the BDA have more resale value than that allotted by the Private or individual groups. Normally the rates of BDA sites are more when compared to the rates of commercial sites allotted by the private groups. The BDA commercial sites once acquired have some formalities to be fulfilled like obtaining of approvals for certification from the concerned municipal authorities has to be obtained. After obtaining the necessary approvals then only the site is being registered in his/her name and he /she is in possession of the said site. Once he/she is in possession of the said site, he/she will have all the authority either to possess, sell, rent or lease the commercial site. These commercial sites are available by different dimensions and these commercial sites should have a particular stipulated dimension in order to be called a commercial site. Normally the commercial sites would have a dimension of may be around 3000, 4000, and 5000 or above sq. ft. There are some private groups like Sobha Developers, Nitesh Estates etc. who develop large commercial sites as they not only construct office space but also some business parks The commercial sites are used for various purposes like Malls, clinics, institutions, restaurants, associations, banks, ATMs, clubs etc.
About Commercial sites in Vidyaranyapura
The locality of Vidyaranyapura has many commercial sites either developed by the BDA or the private groups and these sites vary in different dimensions and rates. There is a great demand for commercial sites in Vidyaranyapura as the area is rapidly improving. At present the rates of commercial sites is being quoted at around Rs. 4000 per sq. ft. There are many commercial /retail shops like the Food world, Reliance supermarket, Big Bazaar etc., which are opened up in Vidyaranyapura for the convenience of the local residents.
Some of the Commercial sites available in Vidyaranyapura are:
Commercial space at Vidyaranyapura Main Road (Near Chamundeshwari Layout, with three floors and 1190 sq. ft. available for sale. The rate quoted is Rs. 50,000/-.There is a commercial space available for Clinic located on the main road of Vidyaranyapura and is on the first floor. The area is 20 x 20 and price quoted is Rs. 6,000/- per Sq.ft and is slightly negotiable. Commercial site is available for sale in Vidyaranyapura and it is a north facing site located near to Reliance showroom. The area is 3950 sq. ft., and is quoted at Rs. 3, 04, 15,000. For further more details about the availability of commercial sites in Vidyaranyapura, one may log on to the website of www.propertykhazana.com.
Apartments, Flats and Property for Sale in Vidyaranyapura
Apartments, Flats and Property for Rent in Vidyaranyapura