One need not be an expert to know that market of industrial property doesn’t run symmetrical to the market of residential property. But one does need an expert to arrive at the correct industrial property valuation of their asset. Something that GAV India has been doing since decades.
To start with, primarily the value of an industrial property is defined on the basis of zoning. But this is not the only factor. There exist many other determining aspects that cumulatively decide the valuation. These aspects are carefully studied by our team of experts and only then they conclude the final and correct value of the industrial property.
Some of the key deterministic factors that we analyse during industrial property valuation are:
Businesses in Vicinity – A major factor influencing the valuation of industrial property is the presence (or absence) of other businesses in and around. Facilities like fuel stations, eating joints, etc. makes it easier to find a buyer.
Age of the property – Properties in industrial zones tend to be older than their residential counterparts. Our valuers carefully arrive at the valuation based on the age of the industrial property, not neglecting the improvements done, if any, in between.
Foot Falls – The mantra that the major shopping malls swear by holds true for industrial property valuation as well. The foot traffic generated in and around the industrial area have a major impact on its valuation.
As you can see that industrial property valuation can be tricky and is best left for professionals like GAV India, ensuring you do not burn your hands in a wrong deal.
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Nitesh is a civil engineer and a Government Approved Valuers India by profession and he has led many esteemed projects in past. Credit List of his credential and qualifications makes him one of the most trusted name in the industry today. With Up teemknowledge of profession which can be constantly enhanced...