You would like to read
- Spaze Group bags 'Fastest Growing Realty Brand of the Year Award'
- Frankfinn receives the award for 'Best Air Hostess Training Institute' for 10th year in a row at 13th ASSOCHAM International Conference cum Awards
- Benefits of investing in commercial real estate over residential real estate
- Fair Shop opens in Paschim Vihar, making 24/7 grocery shopping a reality
- Fair Shop opens in Paschim Vihar, making 24/7 grocery shopping a reality
Gurugram (Haryana) [India], April 9 (ANI/NewsVoir): Shop-cum-Office (SCO) spaces have been at the top of the real estate trends in the last two years. The hybrid model of working has motivated companies to move to SCO spaces. SCOs are freehold commercial properties that come with an advantage where owners have 100 per cent ownership rights of the land where they can build retail shops or offices.
The new SCO project will be at the largest commercial sector of Gurugram - Sector 114, a great commercial location that offers excellent connectivity to Delhi and the Indira Gandhi International Airport. The elite crowd, luxury commercial and residential projects, and proximity to the airport, make Gurugram Sector 114 a favourable location for the SCO ecosystem. Several high-quality developments by prominent developers have made this area more upscale. The area has undergone a profound transformation. Grand Central 114 is poised to become the most favourite and iconic destination for the people of Gurugram, like Khan Market and Connaught Place in Delhi.
The Spaze Group will soon be marketing and promoting the grandest SCO located at Sector 114, Gurugram. Dr Renu Singh, President, Sales & Marketing, Spaze Group, said, "SCOs have seen a rise in demand over the last two years. We have seen a growth in investment in the commercial sector, with SCOs witnessing the most investment. We are aiming to make it the Grandest SCO project in Sector 114. Commercial real estate investment is expected to grow by leaps and bounds, which will make SCOs the next big thing. SCO is a unique concept and will further boost commercial investment in the real estate sector."
Clients can use SCO spaces to construct several properties, like banks, healthcare centres, automobile showrooms, white goods shop, retail shops, office spaces, restaurants and eating joints, cloud kitchens, etc., along with offices in the same area. These infrastructural advancements make SCOs the new face of the commercial real estate sector.
This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)
DISCLAIMER
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor