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The development of high-quality mall spaces will be key to supporting this evolution, offering retailers the infrastructure to meet the needs of a dynamic and rapidly changing market. – Kunal Rishi, COO, Paras Buildtech...
Kunal Rishi, COO of Paras Buildtech said, "The projection by Cushman & Wakefield is a clear indicator of the retail sector's robust growth trajectory. This demand reflects the rising aspirations of consumers, the expansion of organized retail, and the growing need for premium retail destinations across the country. With urbanization set to reach nearly 40% by 2030, the demand for modern, strategically located retail spaces is increasing to cater to evolving consumer preferences. As consumer habits shift and more brands enter the market, the focus will be on creating environments that offer more than just shopping—integrating lifestyle, entertainment, and community engagement."...
India will need atleast 55 million square feet (MSF) of Grade- A mall space over the next four years to keep pace with the market and align with other south Asian economies on the basis of Retail Space Per Capita (RSPC)....
Looking into the future, the prospects for Gwal Pahari seem bright. Gwal Pahari is an exceptional real estate market that combines the peace of nature with the conveniences of modern urban living. With improving infrastructure projects, there are high expectations to see further increments in property values and improvement in life quality in Gwal Pahari. This makes Gwal Pahari ever more alluring to house buyers as it represents one of Indian real estate’s most exciting growth stories....
Kunal Rishi, COO, Paras Buildtech, said, “The Dwarka Expressway is emerging as a prime real estate hub in Delhi-NCR, leading the charge in a rapidly growing property market. With over 150 projects in and around the expressway, its potential is clear, as developers are already capitalizing on the corridor’s immense opportunities. Shopping complexes, office spaces, hotels, and other commercial ventures are quickly reshaping the landscape into a dynamic economic center. In the long term, this continuous growth will further boost property values in the region. As commercial activities flourish, the demand for real estate will rise in tandem, driving property prices upward. Enhanced infrastructure and improved connectivity will make the region an increasingly attractive destination for businesses and residents alike, sustaining the robust demand for real estate.”...
Kunal Rishi, chief operating officer of Paras Buildtech, said, “Delhi-NCR has experienced a robust leasing performance, particularly in Noida, driven by rising disposable incomes, a youthful demographic, and rapid urbanisation. The Noida Expressway has become a prime destination for commercial and retail supported by modern amenities, ample space for new developments, and proactive government initiatives, establishing the Noida Expressway as a critical hub in India’s commercial landscape.
...Kunal Rishi, COO, Paras Buildtech, says, “SCOs are reshaping the commercial real estate sector in India by providing a distinctive blend of retail and office environments. In recent times, there has been a notable rise in the demand for SCOs, attributed to their adaptability and economic viability. Industry analyses reveal a 25% growth in absorption rates for SCOs, with a substantial portion of this demand originating from small and medium enterprises (SMEs) and start-ups in search of innovative business solutions.”...
Kunal Rishi, COO, Paras Buildtech: “In this landmark budget, the government has demonstrated a strong commitment to propelling India towards a ‘Viksit Bharat’. The measures announced, particularly the encouragement to states to moderate stamp duties and the consideration of reduced duties for properties purchased by women, are significant steps forward. These initiatives will not only make homeownership more accessible but will also stimulate urban development across the country."...
Realty major Paras Buildtech has announced the launch of its super-luxury residential project -- The Manor -- in Delhi-NCR. Spans over 4.26 acres of land, the high-rise residential project offers an exclusive collection of 120 luxury apartments. The project promises an exceptional living experience coupled with panoramic views of the Aravalli Hills....
NEW DELHI: Realty firm Paras Buildtech will invest around Rs 500 crore to develop a luxury housing project in Gurugram as part of its expansion plan amid strong demand. In a statement on Monday, the company said it has launched a super-luxury project, "The Manor," at Gwal Pahari in Gurugram. The company will develop 120 apartments in this 4.26 acre project....
Realty firm Paras Buildtech will invest around Rs 500 crore to develop a luxury housing project in Gurugram as part of its expansion plan amid strong demand. In a statement on Monday, the company said it has launched a super-luxury project, "The Manor," at Gwal Pahari in Gurugram....
Commenting on this, Kunal Rishi, COO of Paras Buildtech, said, “We are thrilled to introduce The Manor, setting a new benchmark in new-age luxury living in Delhi NCR. With a well thought-out design, state-of-the-art contemporary amenities, and a serene, naturally organic setting, The Manor is curated to cater to the discerning tastes of modern homebuyers seeking unparalleled comfort and luxury.”...
Real estate firm Paras Buildtech has launched a super luxury project in Gurugram and will be investing close to ₹490 crore in the project.The project to be known as ‘The Manor’ is located in Gwal Pahari in Gurugram. The high-rise residential project spans 4.26 acres and will offer 120 luxury apartment...
Paras Buildtech, a leading developer along with CapitaLand Investment Limited’s wholly owned lodging business unit, The Ascott Limited (Ascott), announced the grand opening of Citadines Paras Square Gurugram, its newest apart’ hotel. This marks a significant milestone for Ascott's expansion in North India, offering business travelers a redefined experience that blends relaxation with unparalleled service. Citadines Paras Square located at sector 63A Gurugram is part of Paras Square, a mixed-use development by Paras Buildtech....
Singapore-based hospitality giant, The Ascott Limited, has expanded its presence in India by launching its first serviced apartments in North India. The company partnered with local developer Paras Buildtech to unveil Citadines Paras Square Gurugram, a new apart’hotel situated in the city’s upscale commercial hub, Golf Course Extension Road....
Paras Buildtech, one of India’s leading developers, along with CapitaLand Investment Limited’s wholly-owned lodging business unit The Ascott Limited (Ascott) has announced the opening of Citadines Paras Square Gurugram, its newest apart’ hotel, marking Ascott’s expansion in North India, offering business travelers a redefined experience. Citadines Paras Square, located in sector 63A Gurugram, is part of Paras Square, a mixed-use development by Paras Buildtech....
Paras Buildtech, one of India's leading developers along with CapitaLand Investment Limited’s wholly owned lodging business unit, The Ascott Limited (Ascott), today announced the grand opening of Citadines Paras Square Gurugram, its newest apart’ hotel. This marks a significant milestone for Ascott's expansion in North India, offering business travelers a redefined experience that blends relaxation with unparalleled service. Citadines Paras Square located at sector 63A Gurugram is part of Paras Square, a mixed-use development by Paras Buildtech....
Paras Buildtech, one of India’s leading developers along with CapitaLand Investment Limited’s wholly owned lodging business unit, The Ascott Limited (Ascott), today announced the grand opening of Citadines Paras Square Gurugram, its newest apart’ hotel. This marks a significant milestone for Ascott’s expansion in North India, offering business travelers a redefined experience that blends relaxation with unparalleled service. Citadines Paras Square located at sector 63A Gurugram is part of Paras Square, a mixed-use development by Paras Buildtech....
International hospitality brand, The Ascott Limited, has forayed into North India along with the real estate developer Paras Buildtech with the launch of its first serviced apartments in Gurugram at the Citadines Paras Square....
Citadines Paras Square Gurugram marks as the first hotel in North India under Ascott India's portfolio, which now boasts a total of 18 properties across Bangalore, Hyderabad, Pune, Goa and Chennai. The Ascott Limited is the wholly owned lodging business unit of CapitaLand Investment Limited....
Aman Nagar, Joint Managing Director of Paras Buildtech, expressed enthusiasm about the potential impact of the expressway on the commercial real estate sector. "The region's improved connectivity and infrastructure are expected to draw businesses and investors, leading to an increase in the demand for commercial real estate. The shortened travel time between Delhi and Gurgaon is anticipated to facilitate access to both markets, generating fresh prospects for growth and expansion. Consequently, the demand for office and retail space is expected to escalate, with businesses vying to establish a foothold in the area,"...
Aman Nagar, JMD, Paras Buildtech expressed enthusiasm about the potential impact, saying, "The demand for office and retail space is expected to escalate, with businesses vying to establish a foothold in the area. As the local economy burgeons, a corresponding rise in the demand for amenities and services is projected to create openings for investors and developers to construct retail and hospitality projects.”...
Adding to this, Kunal Rishi, COO of Paras Buildtech, said "The real estate landscape of Gurugram is undergoing a shift, with luxury housing becoming the preferred choice for discerning buyers. Aspirational millennials, a focus on enhanced amenities, expansive living spaces, and substantial NRI investments are contributing to the surge in demand for luxury properties in the region, with the thriving markets of Dwarka Expressway, Gwal Pahari, and Golf Course Extension playing a crucial role in its growth."...
Kunal Rishi, COO, Paras Buildtech, said, “For homebuyers in Delhi-NCR, New Gurugram has emerged as a preferred destination. Due to its unmatched strategic location, it is flourishing with social infrastructure, roads, and real estate. It provides a seamless transit connection between Delhi and Gurugram. The neighborhood has various housing options, ranging from affordable flats near Tech parks to gated communities with world-class amenities. New Gurugram has a wider variety of house price ranges than neighboring Gurugram, which attracts buyers and investors. The local real estate market is evolving as a new generation of homebuyers seeks to settle in the area.”...
“The resurgence of in-person work post-pandemic has heightened the appeal of homeownership, propelling a quest for more expansive living spaces. This trend extends beyond residential domains, encompassing a surge in commercial real estate, notably mixed-use complexes,” Kunal Rishi, COO of Paras Buildtech said....
Housing sales in the top 7 cities have created a new peak in 2023, breaching the previous high of 2022 with 4,76,530 units getting sold in 2023 against 3,64,870 units in 2022 rising by 31% Y-o-Y, according to Anarock report. The last peak in the decade was seen in 2022, after 2014, when approximately 3.43 lakh units were sold in the top 7 cities....
The luxury housing segment sales in India have surged after the pandemic as more people opt for larger spaces with mod-cons, including dedicated rooms for working from home. The trend is expected to continue, especially among non-resident Indians (NRIs) and certain categories of millennials with high disposable income....
Paras Buildtech’s Kunal Rishi said the acquisition of a luxury home is an investment not just in property but in a curated lifestyle, a manifestation of personal triumph, and a sanctuary where every detail reflects the connoisseur’s discerning taste....
Commenting on this, Kunal Rishi, COO, Paras Buildtech, says, “Gurugram’s allure now extends to both first-time and seasoned homebuyers in pursuit of an elevated lifestyle. The surge in high-rise living options aligns seamlessly with post-pandemic preferences, bolstered by enhanced connectivity that propels the city’s real estate resurgence. With the third highest per capita income in India and the highest in Haryana, coupled with impeccable connectivity, top-tier infrastructure, and a diverse range of modern projects including independent floors, gated plotted developments, and soaring apartments, Gurugram stands as a pivotal residential and industrial hub, beckoning discerning buyers from around the globe.”...
Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the opening of Ginger Noida, at Paras One33 Noida, Sector 133.It is designed around the brand’s lean luxe design and service philosophy of offering its guests a vibrant, contemporary, and seamless hospitality experience....
Kunal Rishi, COO, Paras Buildtech, points out the heightened sense of security and exclusivity. "Gated communities offer security, exclusivity, and modern amenities, making them a top choice for discerning buyers in 2023," he said. Gated communities are not just a hit with millennials they are increasingly attracting senior citizens and nuclear families with children. Vineet Dawar, Senior VP, Sales & Strategy, Elan Group, emphasises that these developments offer a holistic living solution, aligning seamlessly with the aspirations of homebuyers....
In the ever-evolving landscape of retail, a powerful new trend is shaping the way businesses operate and thrive – the advent of shop-cum-offices. These innovative spaces represent a seamless blend of retail and office environments, redefining the future of the industry and catering to its dynamic needs....
Kunal Rishi, chief operating officer of Paras Buildtech, said, “Malls in Noida, Gurugram and Ghaziabad are gearing up for an extraordinary weekend, poised to shatter its own records in footfall. With the G-20 summit causing restrictions in the neighboring national capital, Delhi, shoppers are flocking to these hubs, making them the ultimate shopping destination." He added that on this occasion, Noida, Gurugram and Ghaziabad have transformed into a bustling hub of entertainment and retail therapy. “It is a weekend of unparalleled shopping, leisure, and cinematic delight – an unmissable opportunity for everyone in the NCR!"...
Aman Nagar, JMD, Paras Buildtech, commented, “The inauguration of the Dwarka Expressway is poised to bring about a transformation in the commercial real estate landscape of the area. The region’s improved connectivity and infrastructure are expected to draw businesses and investors, leading to an increase in the demand for commercial real estate. The shortened travel time between Delhi and Gurgaon is anticipated to facilitate access to both markets, generating fresh prospects for growth and expansion. Consequently, the demand for office and retail space is expected to escalate, with businesses vying to establish a foothold in the area. As the local economy burgeons, a corresponding rise in the demand for amenities and services is projected to create openings for investors and developers to construct retail and hospitality projects.”...
Kunal Rishi, chief operating officer, Paras Builtech, said, “The real estate landscape of Delhi-NCR is undergoing a remarkable shift, with luxury housing becoming the preferred choice for discerning buyers. The recent accolade of recording the highest sales of apartments priced above Rs 4 crore during the first half of 2023 underscores the growing allure of luxurious living in this vibrant market." He added that aspirational millennials, a focus on enhanced amenities, expansive living spaces, and substantial NRI investments are contributing to the surge in demand for luxury properties in the region, with the thriving markets of Dwarka Expressway, Gwal Pahari and Golf Course Extension playing a crucial role in its growth....
इसे जोड़ते हुए, पारस बिल्डटेक के सीओओ कुणाल ऋषि ने बताया कि , “द्वारका एक्सप्रेसवे की उल्लेखनीय सालाना वृद्धि इस क्षेत्र में मौजूद निवेश क्षमता को उजागर करती है. इन क्षेत्रों में बसने का विकल्प चुनने वाले लोगों की बढ़ती संख्या के साथ, कार्यालयों, खुदरा केंद्रों और मनोरंजन स्थलों सहित वाणिज्यिक स्थानों की मांग आसमान छूने वाली है. द्वारका एक्सप्रेसवे व्यापार और वाणिज्य के लिए केंद्र के रूप में उभरने के लिए तैयार है, जो निवेशकों और उद्यमियों को लाभ उठाने के लिए मौके देगा....
Developer Paras Buildtech has commenced the construction at its high retail street, Paras Avenue, located in Noida Sector 129, after obtaining all the necessary permissions. Last week, a traditional Bhoomi Pujan ceremony was held at the property, which spans over two acres. Paras Avenue aims to redefine the high-street retail experience concept by offering visitors a unique shopping destination coupled with a delightful food court....
The upcoming Dwarka Expressway in Delhi NCR is poised to revolutionize the real estate sector. This 29-km-long expressway will enhance connectivity, reduce travel time, and alleviate congestion, attracting businesses and investors. It has already sparked a wave of real estate development, with over 150 projects along its route. Property prices have witnessed significant appreciation, and the continuous growth along the expressway will further augment values. The opening of the expressway is expected to be a game-changer, fueling business growth, economic development, and establishing the region as a prime commercial hub....
The much-awaited cloverleaf intersection at the Dwarka Expressway is reportedly in the final stages of construction and is expected to be inaugurated soon by Nitin Gadkari, the Union Road Transport and Highways Minister. This development is set to offer a convenient and time-saving alternative for residents to access NH-8, as opposed to the present situation of having to navigate through the busy Kherki Daula toll. The cloverleaf interchange represents a much-needed and long-awaited improvement that will significantly alleviate the transportation struggles of the homebuyers....
The opening of Dwarka Expressway in Gurgaon is expected to increase the prices of real estate in the region by 30-40%, according to developers and brokerage firm. The growing interest in the area has prompted many developers to launch projects along the expressway, driving up property prices. The Expressway will bring a significant transformation to the residential and commercial real estate markets in the region, with an expected 30–40% rise in property prices. The improved infrastructure will drive economic growth, resulting in a significant boost for the real estate sector....
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....
Realty firm Paras Buildtech on Saturday said it is expecting Rs 108 crore in revenue from its new commercial project in Gurugram. The company has launched a new project where it will sell more than 40 plots for the development of SCOs (shops cum offices), according to a statement. Paras Buildtech has already delivered around 15 housing and commercial estate projects, with a 15 million sq feet area, primarily in Delhi-NCR...
Real estate company Paras Buildtech has launched a new project, Paras Arcade 114, in Gurugram in India. The project covers 3.25 acres, has a saleable area of 4,597 sq m and includes more than 40 plots for SCOs. Paras Buildtech expects to generate a revenue of about INR1.08bn ($15m) by selling 100% of the inventory within 30 to 40 days. The company has already delivered around 15 property projects in Delhi-NCR, including homes and commercial estate projects, covering an area of 15 million sq ft....
Realty firm Paras Buildtech on Saturday said, it is expecting Rs 108 crore in revenue from its new commercial project in Gurugram. The project ‘Paras Arcade 114" is spread over 3.25 acre and has a saleable area of 4,597 square metre. The commercial SCO plots range from 104-143 square feet....
Reliance Smart Bazaar, a hypermart chain by Reliance Retail, has opened a store at Paras One33, a shopping center on the Noida Expressway in Uttar Pradesh. The new outlet is spread over 29,803 sq. ft. of retail space, announced Paras One33, the flagship retail project of Paras Buildtech in a release on Friday....
Realty firm Paras Buildtech on Saturday said it is expecting ₹108 crore in revenue from its new commercial project in Gurugram. The company has unveiled a new project where it will sell more than 40 plots for the development of SCOs (shops-cum-offices), according to a statement. The project ‘Paras Arcade 114’ is spread over 3.25 acre and has a saleable area of 4,597 square metre. The commercial SCO plots range from 104-143 square feet....
With a significant rise in housing sales post-COVID, real estate consultant Anarock has said unsold homes with developers across seven major cities fell 12 pc in the last five years, and time needed to clear these inventories have come down by half to just 20 months. In its latest report, Anarock said unsold housing stocks have declined 12 percent to 6,26,750 units at the end of January-March this year from 7,13,400 units as of March 31, 2018....
Property prices in Gurugram are going to increase now, as the district administration has raised the circle rates in the Haryana district in the range of 10-30 per cent, effective April 1, 2023. The circle rates in Gurugram, below which property registration with the revenue department cannot take place, were last revised in January 2022 by a similar proportion....
Dwarka Expressway is a 27.6-km long, eight-lane motorway connecting Dwarka to Gurugram, and is rapidly becoming one of the most desirable real estate locations in India. According to industry experts, Dwarka Expressway is the ideal location for real estate investments since it will soon be home to hundreds of new apartment buildings....
The retail industry is evolving due to the rise of e-commerce, leading conventional retailers to adapt to stay competitive. A solution that has emerged is the integration of office space into retail locations, creating mixed-use retail spaces or "shop-cum-offices." These spaces offer cost reduction, efficiency improvement, optimal space utilization, increased foot traffic, and a pioneer of growth for small businesses. Shop-cum-offices are quickly becoming the future of retail, offering a unique blend of retail and office space that can cater to the evolving needs of the industry....
Real estate developers in Gurugram are optimistic about the proposed 28.8 km-long Gurugram Metro, which will connect Huda City Centre to Cyber City via Old Gurgaon and have 27 stations including one at the Dwarka expressway. The announcement during the Haryana Budget is expected to boost demand for housing and commercial space, and generate new business prospects and investment opportunities. Improved connectivity and commercial activity around metro stations may lead to a rise in property prices, presenting an excellent opportunity for investors and property owners....
Gurugram, a city with a population of nearly 20 lakh and over 900 high-rise buildings, falls in seismic zone 4, making it vulnerable to earthquakes. Despite the risk, buildings are still awaiting the long-promised quake audits. The Gurugram district administration has now directed developers to install hi-tech earthquake security systems in all high-rises to raise the alarm upon tremors, shut down lifts, gas supply, electricity, and activate necessary security systems....
Retail leasing activity in Delhi NCR witnessed an increase in H2 2022, reflecting the rise in demand for retail and commercial space in India. Rental yields in some areas of Delhi NCR and Bengaluru have increased by 6-8%, indicating the strength of the market and the demand for premium retail and Grade-A office spaces. The CBRE South Asia report shows that multinational companies are renting out more retail space in India, and fashion and apparel brands are responsible for 42% of all leasing....
Residential rentals in luxury and mid-tier segments have increased by up to 23% in key rental hotspots across India between 2019 and 2022, according to ANAROCK data. The Golf Course Extension Road in the NCR saw the highest growth of 18% to INR58,000 ($776) per month in 2022, compared to INR49,000 a month in 2019 for luxury homes of around 2,000 sq ft. The road has been built on premium land and has seen a significant amount of commercial and residential development, making it an attractive option for investors looking to maximise their returns....
Indian real estate industry exhibited resilience in the face of global market uncertainties in 2022, sustaining steady demand momentum and inspiring investor confidence. The Delhi-NCR market saw a 123% YoY increase in new house sales in H1 2022, while India's seven most populated cities saw a 71% increase in quarterly home sales. With a young millennial population, rising median incomes, and urbanization, the trend is expected to continue in 2023....
Paras Buildtech, a leading real estate developer in India, will host a Winter Carnival on January 21st and 22nd at Paras Avenue, Noida Sector 129, featuring food, music, and entertainment. Attendees will also have the opportunity to explore investment prospects at Paras Avenue, a premier retail project with versatile spaces and extensive frontages ideal for maximizing commercial potential....
Paras Buildtech, one of India's leading real estate developers is all set to host a Winter Carnival from January 21st and 22nd in Paras Avenue, Noida Sector 129. This carnival will be a fantastic experience full of food, fun, music, and entertainment. Popular RJs from Fever FM and Punjabi FM will perform live at the event, giving attendees an exciting and one-of-a-kind experience....
: Paras Buildtech (/topic/paras-buildtech), one of India's leading real estate developers (/topic/real-estate-developers) is all set to host a Winter Carnival (/topic/winter-carnival) from January 21st and 22nd in Paras Avenue (/topic/paras-avenue), Noida Sector 129. This carnival will be a fantastic experience full of food, fun, music, and entertainment. Popular RJs from Fever FM and Punjabi FM will perform live at the event, giving attendees an exciting and one-of-akind experience....
Dwarka Expressway has become a popular location for property buyers in the Delhi-NCR region. The real estate industry has grown in areas linked by the highway, which is now under construction. The Dwarka Expressway, at the forefront of a thriving property market, is poised to emerge as the real estate hub in Delhi-NCR. Starting from Shiv Murti in Delhi and extending as far as Kherki Daula Toll in Gurugram on NH8, the Dwarka Expressway is touted to be the world's longest elevated road....
Expressing his views on thge growth prospects of the region, Aman Nagar, JMD, Paras Buildtech, said, “Gwal Pahari has undoubtedly emerged as the preferred choice for homebuyers in Delhi NCR. Due to its unparalleled strategic location, it offers seamless logistical connectivity between Delhi and Gurugram. Additionally, with top IT companies setting up shop in the heart of Gwal Pahari, the demand for real estate has seen an exponential rise in recent years by working professionals looking for their dream homes away from the crowded regions of Gurugram.”...
“Sector 133 is an emerging, primarily residential market, dominated by high-rise condominiums and commercial and retail developments. The area reaps the benefits of a prominent location while retaining the allure of nature’s lush greenery. The sector’s social and retail infrastructure is developing rapidly, and amenities such as schools, hospitals, grocery stores, eateries, and banking facilities are easily accessible,” said Aman Nagar, Joint MD, Paras Buildtech....
Commenting on the launch, Aman Nagar, Joint Managing Director of Paras Buildtech (/topic/parasbuildtech), "Paras Avenue (/topic/paras-avenue), located at sector 129, will be an architectural marvel as a retail high-street project in that area. We expect Paras Avenue (/topic/paras-avenue) to be fully sold out in the next three to six months, with a staggering revenue of INR 750 crore. He further added that the aim would be to lease the majority of the inventory before possession of the project."...
Paras Buildtech has launched a one-of-a-kind high street retail marvel, ‘Paras Avenue’, in Noida Sector 129. Spread across 2 acres, Paras Avenue will be a low-rise, high-street retail project that will provide its visitors with a unique shopping experience, and a sumptuous food court, according to the company....
Paras Buildtech, one of India's leading developers, has launched a one of its kind high street retail marvel , 'Paras Avenue', in Noida Sector 129. Spread across 2 acre Paras Avenue will be a low-rise high-street retail project that will provide its visitors with unique shopping experience, sumptuous food court....
Delhi-based real estate developer Paras Buildtech has acquired a 2-acre land parcel for Rs 91 crore from South Indian bank at sector 129, Noida, a senior executive of the company said. The company plans to develop 2.7 lakh sq ft of retail and about 1.5 lakh sq ft of office space with the total investment of about Rs 450 crore....
Delhi-based real estate developer Paras Buildtech has acquired a 2-acre land parcel for Rs 91 crore from South Indian bank at sector 129, Noida, a senior executive of the company said. The company plans to develop 2.7 lakh sq ft of retail and about 1.5 lakh sq ft of office space with the total investment of about Rs 450 crore....
Paras One33, Sector 133 Noida - As the newest retail hotspot in Noida, Paras One33 located at sector 133, offers a myriad of entertainment and indulgent opportunities for visitors of all age groups and preferences. While family eateries and multi-purpose franchises like Haldirams, Pizza Hut, Barbeque Nation, Gopala, Barista, and Reliance Smart and Lenskart sprawled across its undulating food street called, "Chatori Gali", make Paras One33 the first choice for family outings. Fashion and lifestyle stores like Reliance Trends make it a magnet for shoppers looking for the newest and most affordable apparel designs. Additionally, hospitality, cosmetic, fitness, and wellness brands like Javed Habib, Apna Chemist, and Ginger Hotels imbue a holistic ambience to this Paras Buildtech project. Within the vicinity of the project, are a dedicated kids' play zone and a rustic flea market, which give visitors a penchant to explore the perfect excuse to find their way to this wonderful attraction. Fully equipped to cater to all the needs of its diverse patrons, Paras One33 has all the ingredients to become the most popular crowd-puller in Noida....
Golf Course Road Extension and Sectors 128-135 on the Noida Expressway are becoming popular NCR micro markets for both residential and commercial projects. The areas' proximity to high-end markets and upcoming infrastructure is boosting real estate demand. In Q3 2022, 35% of new homes in NCR and 15% of new offices in Gurgaon were opened on Golf Course Road Extension....
Real estate developer, Paras Buildtech has recently obtained Occupation Certificate (OC) for its residential project – Paras Irene – situated in Sector 70A, Gurgaon, along the Southern Peripheral Road. This premium residential project comprises 7 towers and has 456 well-designed, fully air conditioned apartments and penthouses on offer in 2BHK, 3BHK and 4BHK configurations. All the apartments are equipped with world class amenities. The strategic location of the project ensures that it is easily accessible from the international airport, Faridabad, Delhi and Manesar regions....
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