Property Classification/Category (What do you want to buy?)
Types of Real Estate
Plots/Lands (Types i.e. A, NA, I, R, C etc.) OR Commercial (Showrooms, Office Spaces, Shop,
Go-downs, Warehouses, Retail Units etc.) OR Residential (Villas, Penthouses, Duplexes, Flats,
Apartments) OR Industrial.
Real estate can be termed as anything to do with land and everything associated with it. Real
estate includes land, buildings, rights below the land and above the land. Real estate can have
a wide classification with various segments.Types of Real Estate
Plots/Lands (Types i.e. A, NA, I, R, C etc.) OR Commercial (Showrooms, Office Spaces, Shop,
Go-downs, Warehouses, Retail Units etc.) OR Residential (Villas, Penthouses, Duplexes, Flats,
Apartments) OR Industrial.
Real estate can be termed as anything to do with land and everything associated with it. Real
estate includes land, buildings, rights below the land and above the land. Real estate can have
a wide classification with various segments.
In India, the major Real Estate sectors are-
1. Residential real estate
Residential real estate includes under construction and resale properties.
There is a huge range of options in residential real estate like apartments, villas,
bungalows, penthouses, duplexes, builder floors, flats etc.
Certain upcoming trends in residential real estate have been condominiums,
vacation homes etc.
2. Commercial real estate
Commercial spaces are units in real estate that are meant to be used for doing
business and other activities that are not associated with people and families
staying.
Commercial real estate can include Showrooms, Office Spaces, Shop, Godowns,
Warehouses, Retail Units, medical and educational buildings, hotels etc.
Commercial real estate has been emerging due to its better earning potential
through rents and you should consider a broker to help you get the best deals in
commercial real estate.
3. Industrial real estate
Industrial real estate is associated with real estate related to manufacturing and
logistics.
The Industrial real estate provides for production, storage and the transportation
of goods and materials.
Industries form the backbone of any country and hence industrial real estate is a
very promising option to many investors.
With the advent of big companies coming in India warehousing has become very
popular in industrial real estate.
4. Land / Plots
Land is an exhaustible resource and is always the basis of any form of real
estate.
Land and plots in India are of various types like agricultural and non-agricultural
(NA).
NA lands are the lands which are further categorized into residential, industrial,
commercial etc.
There are lot of things to consider when you are purchasing land or plot.
It is always advisable to always involve an expert broker in cases when you are
dealing in lands.