18/02/2025
Buying an SCO Property?
If you’re considering buying an SCO (Shop-cum-Office), there are some important factors to take into account.
In Real Estate, supply and demand are always the key drivers of pricing. Currently, there are a lot of SCOs coming up on SPR (Southern Peripheral Road) and the Dwarka Expressway. With such an increase in supply, the demand may decrease.
As an investor, it’s important to consider the number of products coming up, the residential population in the area, the level of competition, pricing, and availability. These are all essential factors that you need to examine before making a decision.
Additionally, it’s important to look into the developer’s credentials and the quality of their portfolio.
This includes ensuring that the SCO has been designed to be operationally friendly so that it can be easily leased out to a tenant. If the developer hasn’t put enough thought into the operational design of the SCO, it may be difficult to lease out and your investment could go down the drain.
In essence, when considering investing in an SCO, it’s important to assess the supply and demand, the local population, the competition, the pricing, and the developer’s credentials and operational design. By doing your due diligence, you can maximize your chances of a good return on your investment.
