In the real estate sector, the growth has been exponential over the last ten years. This applies not only to the residential segment of real estate, but also to the commercial spaces.
With the number of offices opening up on the scales that they are, the demand has soared up so high that today, there is actually a dearth of commercial spaces that are well equipped. While this is the situation in the already established Commercial hubs, work and demand moves to cities that show potential to be developed into the next big thing.
Sector 78 in Gurgaon is one such spot. The Spaze Arrow is the name that has become the buzz word across the country and the world even. So what is Spaze Arrow? Spaze “Arrow” is a new commercial epicenter of all activities under an expanse. This commercial hub includes retail spaces as well as office spaces.
This Spaze new launch has enabled IT hubs around the NCR as well as the Capital city to spread their presence and grow in capacity. This project is another feather in the cap for Spaze Developers, who came up with this plan to give a facelift to Sector 78 in Gurgaon and the city itself!
What does it hold?
Located at Sector 78 Gurgaon, Spaze Arrow is the brainchild of Spaze developers and leading Architects, offering a new space for commercial use as well as promising a whole new shopping experience! With a total area of three lakh square feet, Spaze Arrow is a new milestone of the business world!
Why are these hubs required?
The nature of businesses that are housed in such a hub, involves close interaction between various other companies. Or at times the kind of companies housed in such places is of scales that require three to four buildings or more.
In such a case, it works if all their buildings are located in the same premises. Hubs like these also make provision for conference halls, meeting centers, high tech equipments, equipments including that for teleconferencing and videoconferencing. These are only part of the package. Adding to this, if there are retail shops, this increases the commercial value of the place altogether.
How does the pricing work for such spaces?
Pricing for such spaces need to incorporate the opportunity cost of the various facilities provided here, the price of connectivity that they are providing by bringing together all the business units of a company in one premise, the consumers brought in, through the retail spaces, the kind of entertainment or leisure factor that comes in through these retail spaces, be it for the employees or the visitors that these companies have periodically.
When all these factors are attributed, then the pricing seems justified. If you want to learn more on Spaze Arrow, then visit their website and get the required information. In a nutshell, as a new icon in the business world, this Spaze new launch has made its mark as a beginner, and has a long way ahead.
Spaze Arrow - The New Business Hub