Thursday, March 18, 2010

Retail Business Property in NCR


NCR is titled as the second largest market in the country in terms of size and socio-economic profile and with a prosperous population consisting of a multi-ethnic blend from across the country. In past few years retail business sector has found its own identity and demand for retail business property in NCR is rising constantly.

Commercial workplace space in NCR has been at a short supply since long and market players do not anticipate the demand to diminish in the near term. Formerly it was found that if a company wanted to go for office space they usually looked/preferred at Connaught Place, Nehru Place, Okhla Industrial Area etc. But today new and excellence developments have come up in different areas i.e. Bawana, Jasola, Saket, Rohini, Okhla, NCR by developers like DLF, Ansal, Saluja Salcon, TDI and others.

NCR is already a hub for retailers. It has been a conventionally a foremost city in retail activity in the country. NCR is an idyllic market for high-end retailers because of having presence of people who are searching for it and raising demand for the presence of retail business property in NCR especially premium brands, As this style generates a excellent sum of cash for retail industry.

Rental cost for the retail business property in NCR is decided by different facts i.e. the location, amenities (provided therein), registration of showroom etc. if retail showroom is situated in a mall (fully air-conditioned and furnished) than rent would be definitely higher than the one situated without these facilities. Retail business property in NCR – The monthly rent for a retail showroom is situated in Ansal Plaza starts from Rs. 40,000/- similarly showroom in Mall in Rajouri Garden the minimum monthly rental value is Rs 35,000/- (for small showroom).get details about New projects in gurgaon.

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