How to Buy Commercial Properties in Pataudi Road Gurgaon How_to_Buy_Commercial_Properties_in_Pataudi_Road_G | Page 2

Physical Condition After identifying location, consider physical condition of that location, including how property was used, whether there is any environmental issues, wear-and-tear, potential liability issues and more. Allowable Uses Choose appropriate building as per your business type. For example, if you are manufacturer, you need industrial space and for accounting firm, you need commercial office space. For this, you have to make sure that zoning allows you to do what you want to do on the property. Also, don’t forget to know whether project is licensed as per Zoning Law or not; because this law impacts critical business decisions such as making improvements in existing property or purchasing property. However, properties on Pataudi Road give you this freedom of what you want to do with your property. Limitations on Exterior and Interior Due to zoning laws, there can be limitations to alterations that you can make to the property. For example, a building which is in historic area can be subject to restrictions. Here’s takeaway: sometimes there are high area-maintenance charges which doesn’t suit the commercial establishments, so here’s homework to be done before purchasing property. You should know about the maintenance charges and analyze whether charges are reasonable.