Be a Wise Investor: Buy Commercial Real Estate!
Be a Wise Investor: Buy Commercial Real Estate!.An ATM operated by NBFC is called white label ATM. Most of them have to be set up in rural areas.
Be a Wise Investor: Buy Commercial Real Estate!
Being a wise investor, we always want to fetch out profits therefore before investing we figure out all the risks and prospective profits associated with it.
Real estate is one such segment in which everybody wants to invest due to high returns. So, if you have commercial space, rent it out because it is typically a more lucrative investment.
With the recent announcement to open white- label ATMs, one more option that you can now opt for is renting your commercial space to a bank to set up an automated teller machine.
According to the RBI, there is a need for more ATMs in the country and to address this issue apex bank has allowed seven non-banking financial companies to open White label ATMs.
It can become a good source of an additional income for you. You can rent out the space to a white- label ATM provider such as Prism payment solutions. Under its brand name it deploys ATMs in areas with high footfall.
If you have some extra space available, you can probably rent out a portion of your commercial space. You can opt for BTI (binding tariff Information) payments solutions and ATM in a shop. It allows setting up ATMs in an existing business.
Overall, commercial real estate can prove very beneficial for the potential investors.
Apart from this you can also invest in ATM franchise and earn good returns on it.
An ATM operated by NBFC (non-banking financial company) is called a white label ATM. Most of them will be set up in rural areas.
“I had a commercial space and I rented it out to a person who is now running a cyber café over there and I am earning pretty well”, Says Reshu Mehra.
Picture Credits: Neel Kamal Pandey, OneWorldNews
In a country like India, there is great potential for commercial real estate business.
