Gurgaon has always been a hub of commercial properties. Some commercial properties in Gurgaon have also become landmarks. In the past decade, Gurgaon has witnessed good growth in commercial properties. It is very important to have a good location in commercial properties where access is easy and near luxury residential areas where premium customers reside. Now, global developer Emaar is also launching a premium project in Gurgaon. Emaar India business centre (IBC), sector 61, Golf Course Extension road. IBC will have commercial office space as well as a retail component. Emaar India Business Centre, Sector 61, Gurgaon, is going to be the next investment destination in the market.

Project overview

Emaar India Business Centre, Sector 61, is being developed on 5.5 acres. It will include 2 towers, one with a height of emaar ibc tower hight approximately G+26 floors and the other with a height of G+9 floors. In the first tall tower, Emaar will dedicate the ground two floors to retail spaces, introducing both local and international brands. The next floor will feature a food court offering different food options for customer convenience.

The top 24 floors, will be reserved for office spaces, designed to be flexible and scalable. The Developer shaped the offices spaces to startups, co-working setups, as well as large IT companies and major enterprises, since parking is often a challenge in shopping centers. To keep it in mind, Emaar has thoughtfully provided 3 levels of basement parking to ensure convenience for both visitors and employees.

Space Configurations

Emaar provides different customizable sizes in IBC to match various business needs.

Retail Spaces

The retail spaces at Emaar IBC range from 500 sq. ft. to 2,000 sq. ft. Buyers also have the option to combine units to create larger spaces. The retail space price at Emaar IBC starts from ₹35,000 per sq. ft.

Office Spaces

The office space sizes at Emaar IBC start from 2,000 sq. ft. and go up to 4,000 sq. ft. Emaar has designed these as premium office spaces with modern infrastructure and scalable options to maximize office space as required. The best part is that anchor spaces and flexible floor plate options are also available. The base price of IBC office spaces was ₹25,000 per sq. ft., but with an inaugural discount of ₹2,000 per sq. ft., the current effective price is ₹23,000 per sq. ft., which makes it highly competitive in the commercial market.

Buying Emaar’s upcoming project is a great option both for personal use and for investment. It will provide continuous rental yields and steady income. Secondly, suppose you invest for the short term. In that case, after the infrastructure improves and with limited inventory and less office space available, the price will boom in the future.

Why Invest in Emaar IBC?

Here are some reasons why investors should invest in this commercial project and not miss this opportunity.

Prime Commercial Destination

Before investing, it is important to look at the government’s planning for that area and what future developments are expected there. Here, the Rapid Metro is also coming, which will connect New Gurgaon.

Developers have already launched many commercial and residential projects on Golf Course Extension Road, and buyers are continuously increasing the demand. Developers are launching several more projects, and even the under-construction ones have already appreciated by ₹2 to ₹4 crores within just 2 years.

Attractive Pricing & Discounts

The office space price was ₹25,000 per sq. ft.. Still, currently, there is an inaugural discount of ₹2,000 per sq. ft., making the effective price ₹23,000 per sq. ft. This makes it one of the most competitive offerings in Gurgaon’s premium commercial market.

High Footfall & Visibility for Retail

Emaar IBC is a mixed-use project that includes retail spaces, food courts, and office spaces. High-end residential projects and corporate towers surround this project. Residents will prefer coming here for shopping and dining since both options are available in one place, which will naturally increase the footfall. Project visibility also matters a lot, and this one enjoys a prime location right on Golf Course Extension Road.

Rental Income Potential

In Sector 61, current rentals are around ₹80 to ₹100 per sq. ft.. Whenever Emaar is handed over, the IBC project rentals will increase from ₹125 to ₹150 per sq. ft.

Brand Trust – Emaar

Emaar is a renowned real estate developer from the United Arab Emirates (UAE). Emaar’s iconic development, Burj Khalifa in Dubai, is world-famous. Emaar has launched several successful residential and commercial projects. Emaar has a strong track record of timely deliveries, high-quality construction, and long-term value.

Conclusion

Gurgaon is already a corporate hub, and many areas in Gurgaon are still in the developing phase, one of which is Golf Course Extension Road. Investing in a developing area is always beneficial. Developers launch projects at lower values because the infrastructure is underdeveloped. However, by the time developers deliver the project, the improved infrastructure and developed area increase its value.

This is the perfect time to enter Emaar IBC with an inaugural discount of ₹2,000 per sq. ft. on office spaces, which makes the price highly competitive. This project not only offers office spaces but also includes retail spaces and a food court, which is another plus point. Emaar’s project surrounds premium residential and commercial developments and offers excellent connectivity and maximum visibility.

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