If you’ve got money to invest in property, there’s more than one option open to you.

You mostly hear about people buying a house, doing it up and then selling it on or renting it out.

But you could also do the same with property abroad. Or an increasingly popular way to make money is by renting property to businesses.

New research by lenders Mortgage Trust shows more than one in four landlords are looking to get into corporate rents, which includes commercial buildings as well as leasing domestic properties to executives who have moved from other parts of the UK.

At the start of 2007, that figure was just 14 per cent according to its research. Now it stands at 27%.

Much of this growing interest is because you can make more money renting property in this way, especially if you can afford to buy a commercial building.

Businesses tend to demand high standards. And if you can provide, they will pay handsomely for it.

On top of higher rents, a company is much more likely to stay in a building for a longer period of time. If you think how much hassle it is for you to move house, it’s ten times the pain for a business.

When your tenant does move, they are less likely to do a runner than people renting property might do, leaving you with a mess to sort out. This is true for domestic as well as commercial rents. And businesses are more likely to put the building back to the state it was when they moved in.

Some landlords hope that down the line they can sell their investment property to the tenants.

If you are interested in buying a commercial building as an investment, you need to approach it a little differently to when you are renting property domestically.

First off you must look very carefully at the location of your potential investment, and consider the type of business that might rent it from you.

Companies that use warehousing will need excellent transport links, plus lots of cheap space. Whereas a business that has lots of staff and clients visiting the premises will be more interested in a smart looking building and plenty of parking spaces.

The trick is to find a balance between the likely cost of the premises, the features of the building and the location.

Next up you should look at the infrastructure on offer. A building will have more appeal if it has modern network cabling in place, plus a good security system. The building should already have smoke detectors and other safety features such as fire extinguishers, as these are required by law.

One smart tip that will help you maximize your profits from renting property to businesses is to look at how you can make better use of the space you have bought. For example, if you have a tall building, could you install a mezzanine floor to double the floor space available?

Is there wasted space in the loft or associated outbuildings that can be converted? The more floor space you have, the more monthly rent you will get.

It will be harder to do this work if you buy the building with tenants already in. If the building is empty it will be easier, plus you can throw the cost of improvements into any borrowing you are doing to fund the purchase price.

Finally, before you shell out for your building, find a commercial estate agent you trust to work with you as a partner. Not only will they offer plenty of advice on the best way to get a good monthly income from the building, but they may act as a property finder for other businesses – matching renters with tenants.

This could be a powerful weapon for you in marketing your new commercial building, and getting tenants renting property quickly.

Delhi/NCR region has always been the most favored destination for buying, selling or renting property in India. Many people look for affordable options for a rented home in Delhi/NCR region as many MNCs have set up their business here. Besides that, close proximity to other cites and well connected medium of transport are some of the main reasons. Looking for a property is not an easy job especially if you are new to the place. All you have to do is to follow some simple steps and make your work easy.

 

First of all you should plan your budget and does some research work before renting a property. Either you can go to property portals and browse property online and contact the appropriate person or you can go to some broker to find the kind of property you are looking for. If online browsing is not helping you much, you can contact property agents they will find you a suitable house and in turn will charge you with some commission for their services. Once you have finalized a house, make sure that water and electricity is not a problem and its location in terms of distance is not much far from your workplace or medical stores, grocery or nearby market etc.

 

It depends on you whether you want fully furnished flats or unfurnished flats as both options are there. But you have to make these decisions according to your budget.

 

Rental values in Delhi

 

Delhi offers multitude of rental options to people from diversified background like professionals, students, businessmen, trader’s etc. Surging property prices have attracted many people. In Delhi, you can easily find a luxury house as well as affordable house depending upon your budget. The rental values of property vary from location to location. Property prices have witnessed a fall in Delhi/ NCR region and all over India but rental values have not been affected much. You can get 1BHK around Rs.4000- Rs.10000 in East and West Delhi but in south Delhi it can cost you from Rs.10000 to Rs.15000. In case of 2BHK it can cost you around Rs.15000 in South Delhi – Lajpat Nagar area and can cost you even more than Rs.20000 to Rs.25000 in posh colonies like Defence colony, Hauz Khas etc,whereas in north and east Delhi 2BHK can range from Rs.9000 to Rs.15000. If you want to go for some luxury houses like 3BHK, they ’ ll probably cost you much more, starting from Rs.20000 to Rs.50000 and even more depending upon the location. Rental values are more in South Delhi as compared to East and West Delhi.

 

Rental values in Gurgaon

 

Gurgaon has many luxury options like villas, condominiums, penthouses, affordable flats, independent houses etc on offer. As it has emerged as IT hub and various MNCs, BPOs, corporate houses have set up their business here, there is a huge demand for rental property here. The rental rates in Gurgaon are quite high as compared to south Delhi or other parts of Delhi. The rental value for 60 square yards 1BHK is around Rs.6000 to Rs.7000 per month. According to a property broker, rental prices in areas like Sushant Lok ,South City, and DLF is much high even in times of this slowdown. If you want to rent a 1BHK apartment, it can cost you up to Rs.12000 to Rs.16000 per month so you can rent in Gurgaon according to your budget.

 

Rental values in Noida

 

Even though there has been an escalation of rental prices in Noida, demand for rental property in Noida has not declined. The city offers a high class standard of living, comfortable lifestyle, all basic amenities and better connectivity to other regions. If you want to rent a house in Noida, the prices can vary depending upon the size like 1BHK can cost you up to Rs.5000, 2BHK up to Rs.7000 and 3BHK up to Rs.12000 or even more that also depends on location of various sectors so you can rent in Noida according to your requirements.