Assessment of Factors Influencing Variation In Rental Value Of Commercial Properties

Indumathi V , Dr V K Arthi

Rental Properties, Rental Value

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.

Published Paper   E-Certificate

"Assessment of Factors Influencing Variation In Rental Value Of Commercial Properties", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.8, Issue 10, page no.785 - 789, October-2023, Available :https://ijsdr.org/papers/IJSDR2310120.pdf

Volume 8 Issue 10, October-2023

Pages : 785 - 789

Paper Reg. ID: IJSDR_209072

Published Paper Id: IJSDR2310120

Downloads: 000347288

Research Area: Commerce

Country: coimbatore, Tamil Nadu, India

Published Paper PDF: https://ijsdr.org/papers/IJSDR2310120

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR2310120

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJSDR(IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition