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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | Assessment of Factors Influencing Variation In Rental Value Of Commercial Properties |
| Authors Name: | Indumathi V , Dr V K Arthi |
| Unique Id: | IJSDR2310120 |
| Published In: | Volume 8 Issue 10, October-2023 |
| Abstract: | This Study aims to assess the factors that influencing variation in Rental Values of Commercial Properties. The commercial property rental market is complex, and the rental value of commercial properties varies greatly depending on different factors . The objectives of this Study is to identify the factors that affecting the rental values of commercial properties, to figure out the extent to which these factors causes variations in rental Values, to determine whether these factors affect the decisions of tenant/owner. The scope is to know the performance of Retail Properties and to know the factors that need to be considered in Rental properties. In this Study, we have conducted secondary data analysis and Factors taken for study are: Dependent variable- Rent and Independent Variable- Size of the Property, Size of the Building, Age, Frontage, Average unit Size. The tools used to analysis the data are: Correlation and Regression analysis The study reveals that there is a relationship between the dependent variable(rent ) of all the three areas of the properties. that are taken for study. The regression analysis shows that Size of the Property, Age is having a negative influence in all areas of Properties and Size of the Building, Frontage is having a positive influence on all three areas of properties .The Study recommends to consider this factor for tenant and owner to perform informed decisions regarding rental properties. |
| Keywords: | Rental Properties, Rental Value |
| Cite Article: | "Assessment of Factors Influencing Variation In Rental Value Of Commercial Properties", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.8, Issue 10, page no.785 - 789, October-2023, Available :http://www.ijsdr.org/papers/IJSDR2310120.pdf |
| Downloads: | 000338719 |
| Publication Details: | Published Paper ID: IJSDR2310120 Registration ID:209072 Published In: Volume 8 Issue 10, October-2023 DOI (Digital Object Identifier): Page No: 785 - 789 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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