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Jagaha.com’s Picks for New Commercial Properties in Mumbai
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Jagaha.com’s Picks for New Commercial Properties in Mumbai
• In 2017, there are plenty of Indian property options available and a plethora of options for your next property in Mumbai. Many investors do feel that the best bet for Indian property in 2017 is commercial real estate and many experts view properties in Mumbai to have the greatest upside.
• Our clients, be it realtors, Indian corporates or foreign corporates have asked us to come up with a list of the best new & upcoming commercial properties in Mumbai. • Do note the below is not a ranking, These are seven imminent properties in Mumbai in the commercial segment in random order.
1 Kanakia Wall Street Phase II by Kanakia Spaces
• Per the brochure, “It’s not an office space. It’s an opportunity space!” A bit corny from their marketing team, but we do agree, this Mumbai office is of the highest quality out of all properties in Mumbai. • This commercial property for sale is in Andheri with a total size of about 10,00,000 sq. ft. and a Floor to height of 11’6” feet. • The Andheri commercial office building has all the amenities with multiple lounges (inside and outside), cafeterias, yoga studios, “sleeping pods,” the highest quality surveillance, multi-level car parks etc. • This property in Mumbai should be look at by all investors as we think over the years it could yield a very healthy return on an absolute basis, but also versus other commercial properties in Mumbai.
2 Signature Business Park by Shreenathji
• This Indian property is a gorgeous 13 floor commercial property in Mumbai with a total area of 1,46,605 square feet. • It is very easily accessible as this Mumbai office space for sale is very close to the Eastern Express Highway and the Chembur Monorail Station. • In addition to top tier office spaces in this commercial building, there is also space for shops for sale. • This commercial property in Mumbai for sale is built with the highest quality infrastructure in mind; namely, it has four high speed lifts, ample & spacious parking spaces, top of the line fire fighting and security systems, a beautiful lobby and what many older commercial building in Mumbai do not have: ICI weather shield paint that will keep your property in Mumbai looking new for years to come. • There will be a good deal of supply in the Indian property market place in 2017, but we think this Chembur commercial building will be picked up quickly.
3 Adani Inspire by Adani Realty
• The above is the first part of our two part series, of new and upcoming commercial properties in Mumbai for 2017. • If you are looking to buy office space in Mumbai or looking for a Mumbai office on rent, these properties in Mumbai should be considered. • Not to mention, that these commercial properties in Mumbai also have retail spaces that could yield your business great results. • When looking for commercial Indian property, namely if you are on the search for commercial properties in Mumbai, the main businesses district called Bandra Kurla Complex (BKC) should be on your list. • BKC offices do fetch some of the highest rentals not only in Mumbai, but out of all Indian properties, BKC offices are in the top twenty most expensive office space properties in the world. • The Adani Realty team intelligently picked this area for their flagship Mumbai commercial building. This BKC office property in Mumbai is quite large at 8,00,000 square feet and is truly a “Grade A” commercial property for sale in Mumbai. • The retail & office property is of the highest quality with a 6,000 foot entrance, sixteen high speed elevators, a food court, Gold LEED status, landscaped terraces etc. • This commercial property in Mumbai should certainly be worth a visit. If looking for the best, BKC offices at Adani Inspire should be considered.
4 Hiranandani by The Hiranandani Group
• We had a debate about Hiranandani in Powai as there are 23 commercial buildings in total and we were thinking whether to consider the commercial space as one or just pick out a couple from the list – we decided to throw them all together as one. • For those of you that don’t know about Hiranandani, they are builders that are pretty much synonymous with the area of Powai and the use of Greco-Roman design is their trademark. • Some of the Hiranandani commercial buildings to note are Powai Plaza, Delta, Haiko Mall, Bayer House, Delta, Sigma & Delphi to name a few. • In these Powai office and retail properties in Mumbai, one can find high quality retail space and office space for rent and sale. • There are a number of foreign companies and large blue chip Indian companies that take up office space and retail space in these well done Hiranandani commercial buildings. • Many corporates do choose Powai because of these quality commercial buildings and the surrounding infrastructure, which is often missing when looking at surrounding are of many commercial properties in Mumbai.
5 Raheja Mindspace by K Raheja Corp
• Raheja Mindspace is a top of the line commercial building located in Airoli West, Mumbai which is on a land area of fifty acres with a total carpet area of 8.3 million square feet. • The property is well thought out from design to infrastructure and should be considered if looking to buy commercial property in Mumbai or looking for office space for rent in Mumbai. • Given the size of the commercial property a small company can certainly grow in this office complex and large corporates are of course more than welcome to have their office space in Raheja Mindspace. • Those that have landed office space at Raheja Mindspace have been quite happy from our informal gatherings. • The office space in Mumbai is very close to all forms of transportation from the airport to the railway station. • To boot, the business park is a notified IT SEZ campus as well. • When looking for commercial properties in Mumbai, Raheja Mindspace should be considered.
6 Nirlon Knowledge Park by Nirlon Ltd.
• Nirlon Knowledge Park is located in Goregaon East and would be qualified as an IT/ITES commercial building property in Mumbai. • The property in Mumbai is situated on twenty-three acres. There are four phases of this project, Phase I, Phase 2, Phase 3 & Phase 4 where they have been designed with open floor plans that have a modern look and feel. • If looking for commercial property for sale in Mumbai or looking for office space on rent in Mumbai, Nirlon should certainly be considered for your next office space. • This commercial property in Mumbai is not only designed well, but it extremely efficient and the builders have intelligently kept the environment in mind with plenty of beautifully landscaped green spaces and well maintained court yards which will only help corporates retain talent. • This Mumbai commercial building is well situated as well as it is only one kilometer away from Goregaon Station. • If looking for properties in Mumbai, whether it be for office space on rent or commercial property for sale in Mumbai, we would consider Nirlon Knowledge Park.
7 The Capital BKC by the Wadhwa Group
• Although new competition for offices in BKC is popping up, The Capital BKC is arguably the most well-known commercial building in BKC and perhaps even the most well-known out of all Mumbai commercial buildings. • The Capital BKC has an extremely unique design from the outside that only helps with its popularity. • This Mumbai commercial building has a massive foyer which leads the entrant to restaurants, bars and cafes on the ground floor and to office spaces via high speed elevators and escalators. • The office space floor plans range quite a bit from small office spaces of just a few hundred square feet to office spaces of over 10,000 square feet. • This commercial property is home to most notably Deutsche Bank that has the top floors and with many other companies that choose to have their office on rent in Mumbai in Capital BKC. • Of course there are options to buy office space in the Capital BKC as well. The commercial building is in close proximity to Bandra Station & Kurla Station.
