Paras Buildtech, has launched its first commercial SCO plot, ‘Paras Arcade 114, in Gurugram Sector 114. Spread across 3.25 acres, offers a total saleable area of 4,597 sqm. The project offers a range of different sizes and types of commercial SCO plots, ranging from 104-143 square feet.
Commenting on the launch, Aman Nagar, Joint Managing Director of Paras Buildtech, “Paras Arcade 114 will be a modern and futuristic commercial space. We aim to sell 100% inventory of Paras Arcade within the next 30-40 days, generating an impressive revenue of INR 108 crore.”
Nagar further added, “The unveiling of Paras Arcade 114 marks a momentous occasion for Paras Buildtech, following the triumph of Paras Avenue in Sector 129, Noida. Paras Avenue has been designed as a unique high-end retail complex situated at the Noida-Greater Noida Expressway. The project is expected to generate a commendable revenue of 750 crores for the brand. Following the overwhelming response from investors at Paras Avenue in Noida, we are optimistic about SCO launch. Given its seamlessly strategic location, Paras Arcade 114 is poised to become a highly successful project in the commercial real estate market.”
The project boasts of several unique features and amenities, such as shaded trellis, paver roads, flea market kiosks, event plaza, stage with LED screen, and much more. The commercial spaces are designed to cater to the modern business requirements of today’s fast-paced world. Paras Arcade 114 offers a great opportunity for investors for generations to earn a good return on investment given its strategic location and amenities.
With Paras Arcade, the legacy is expected to persist and flourish. It is noteworthy that Paras Buildtech has already delivered an impressive 15 million sqft of retail, commercial, and residential projects to date. Paras Buildtech will continue to increase its footprints with 3-4 more launches in the coming months.
Source : Realty Plus