Is Investing in Commercial Property in Guwahati, Assam a Good Idea? Best Areas to Invest

Is Investing in Commercial Property in Guwahati, Assam a Good Idea? Best Areas to Invest

When considering investments in commercial property in Guwahati, Assam, you must take into account the current market conditions and future growth potential of various areas. This article analyzes the best investment opportunities in Guwahati, Assam, focusing on both new emerging areas and well-established commercial locations.

Emerging Areas Ideal for Commercial Property Investment

Guwahati is rapidly developing, and new areas like Begom Bariali, Azara, and Bogha Bari near Six Mile are witnessing significant growth. These locations offer a unique combination of government backing and bulldozed opportunities for commercial developers. Here’s a brief overview of these areas:

Bogha Bari: Located near Six Mile, this area is quickly becoming a hub for commercial activities. With a number of developmental projects in housing, commercial, and mixed-use spaces, it presents an excellent opportunity for investors. Azara: Another emerging area that is gaining popularity. Azara is attracting investors due to its strategic location and promising infrastructure developments.

These areas are particularly appealing to investors due to their potential for commercial expansion, making them attractive spots for setting up businesses, offices, and retail spaces.

Established Commercial Areas with High Demand

While the emerging areas present promising growth, some well-established commercial areas like GS Road and Fancy Bazaar continue to be prime locations for commercial property investment. However, these areas have their own challenges:

GS Road and Fancy Bazaar: These main bazar areas are almost fully developed, leaving limited space for new commercial properties. The competition is fierce, and property prices are comparatively high, making it difficult for new players to find opportunities.

In addition to these, investing in land and plots in these well-known commercial areas is another way to secure profitable returns on investment. The government’s Several Mile Corporation (GMC) and Guwahati Municipal Development Authority (GMDA) have also played a significant role in the development of these areas, further enhancing their value.

Best Investment Areas Near Highways

If you are looking for investment opportunities with higher future potential, consider the areas near highways. Here are some of the best options:

Garchuk-Boragaon-Pamohi Teelia and Lokhra: These areas are benefiting from their proximity to the National Highway 37. The value of land in these regions has witnessed a significant increase, reaching up to 80 lakhs per Katha within a few years. The fast-paced development and strategic location make them ideal for commercial investments.

Moreover, investing in warehouses near these highways is another excellent choice, as this market is experiencing steady growth. Whether your target is North Guwahati or Boragaon, these areas offer a combination of government support and infrastructure developments that are pushing up demand and value.

Conclusion

Investing in commercial property in Guwahati, Assam, can be quite rewarding, but it requires careful analysis and strategic planning. Whether you choose to invest in emerging areas or established commercial zones, the key is to stay informed about the latest trends and government policies.

By exploring the best investment areas in Guwahati, you can secure a profitable return on investment. Whether you are looking at GS Road, Fancy Bazaar, or the newer areas like Baghobari and Azara, it’s important to conduct thorough research and seek expert advice to navigate the real estate market effectively.