I-Thum and commercial real estate are on the rise
Who says that India’s real estate market is nose diving? Nothing could be further from the truth. A recent, highly reliable report, rightly points out that the commercial real estate market of India is on the rise. The initial three months of the year 2015 have proved to be phenomenal for commercial real estate with a whopping 8.5 million square feet of office space being absorbed in India’s top eight metro cities.
Bangalore led the surge of revival in commercial real estate with able support of Chennai, Mumbai, Kolkata and Pune. But the commercial real estate barrage was helmed by the three most crucial cities of NCR – national capital region that is Delhi, Gurgaon and Noida. The millennium city of Gurgaon and Noida saw 1.48 million square feet of office space being leased out which is a great sign of things to come. Things are expected to get only better from here onwards. The biggest contributors to this leased out office space were Information Technology, BFSI and ecommerce companies. Many other cutting edge startups were also significant contributors.
The report also points out that factors like surge in growth of the Indian economy, improvement in business and market sentiments clubbed with the startup juggernaut have led to this so called revival in real estate. This is just the start, rental values and occupancy of office space is rightly expected to significantly rise in the coming few months and years as well.
But what comes as no surprise whatsoever is the fact that the sector or region which has benefited from this boom in NCRs commercial real estate market is Noida’s sector 62. The undisputed and well renowned to one and all commercial hub of the national capital region is sector 62 of Noida. Excellent connectivity, world class and well maintained infrastructure, proposed metro connectivity and a plethora of state of the art existing and upcoming residential real estate projects make sector 62 the force to be reckoned with which it rightfully is today. Thousands of people flock towards sector 62 on a daily basis for their employment needs and will continue to do so for decades to come. Sector 62 truly is the soul and heart of Noida and is a juggernaut which simply cannot be tamed.
The project which everybody is talking about in the real estate circles is I-Thum by Grandslam Developers. Ithum, as its name itself clarifies, is a lot more than just merely an office space. Ithum is a never again-never before commercial office space which takes the comfort and office ambience to a completely different tangent altogether. Thus the productivity of employees working at I-Thum skyrockets. A torrent of unique features and amenities make Ithum a once in a lifetime opportunity.
So there is no better time than now to kick start the venture you have been thinking of or investing in real estate. Explore the universe of Ithum and change your life with the future of IT parks in India.
Grandslam i-thum is a world class commercial project based in Sector 62, Noida. The prime location, modern designs & layout, amenities, specifications and in a least not the last, presented by the developers of iconic Corenthum, the project has a lot of attractions in Noida. The project will deliver a revolutionary office space, which blends the workplace and its employees in harmony. Each unit of the complex is meticulously planned to cater 24x7 stress free working environment. Assisted by modern day amenities and high-end specifications, Grandslam i-thum will gain an unmatched status in Noida. Sweeping across 5 acres of area, the project is flanked by good connectivity by various modes of transport. In a short in the arm, Grandslam i-thum will also have the huge advantage of the upcoming metro station in just stone’s throw away from the site.