Warehouse in Gurgaon: Check the facts before you rent

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Vikas Rikhye, Real Estate Gurgaon  Blogger

In Gurgaon the notable increase in number of Malls ,Brand Stores & Retail chain stores , the concept of Warehouse Management System {WMS} has gained tremendous amount of importance in Supply Management System ,thus, have generated demand for Warehouse in Gurgaon. The redistribution of “FMCG” { Fast moving consumer goods} have added to the demand of Warehouses in and around Gurgaon. It is observed that a large number of Warehouses are being constructed “on & off” the NH-8. Pataudi Road Gurgaon, and in the areas in close proximity to KMP Expressway.

With increasing demand , investing in a warehouse is quite a rewarding proposition therefore most of the land owners who have land in aforesaid areas, muster their resources to acquire the permission to build a “Warehouse to rent”.

In the recent past a close market study revealed that some of the Warehouse owners are finding short -cuts, to rent their property, by not adhering to the norms as laid by the authorities & such a practice can lead to serious consequences for the owner and tenant of the property.

Moreover, it is important on the part of prospective tenant to check all the facts about the property as well take a legal/professional endorsement. However in any case , the prospective tenant must check the following documents:

  • Proof of ownership
  • Status of CLU {Change of Land use}
  • Permission for Warehouse
  • Sanctioned Plans & Layout
  • Completion Certificate from competent Government Authorities
  • Clearance from Fire Department etc

Besides the above stated features, while choosing the Warehouse space in Gurgaon, Warehouses falling within the Corporation limits of Gurgaon should be avoided, as in times to come, the area falling within such limits , would be subject to Traffic restriction for heavy transport Vehicles.

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