Although conducting an India residence assessment alone won’t set your organization apart, it’s worth considering a market research analysis of the area in comparison to your company’s target market. This may not fall under the category of ‘Institutional Building,’ but it can help determine whether the property is beneficial to your company. Many assessment companies provide market information as part of their analysis of the area.
Institutional residence appraisals in India are mostly determined by zoning. While these properties aren’t necessarily dedicated solely to manufacturing, production can only occur in industrial areas. Research and development parks are also often classified as industrial.
The value of institutional properties isn’t as sensitive to specific locations or the exact size of the property or land. Instead, their value is largely determined by other factors.