Another point to note will be the Loan to Value or LTV amount which may differ from residential property purchases. Depending on the type of industrial or commercial properties, you may be able to take up a loan quantum of up to around 80% of the valuation of the property. However, do note that this would vary from bank to bank and financial assessment would also be done before the bank will be able to let you know the final loan amount that you will be able to take up depending on your company’s financial standing.
Also for industrial spaces, you may note that the industrial property tax rates as well as the buyer stamp duty amount may also differ when comparing to residential properties.