Lower Parel ­ New Home to Innovative Business Spaces

Mumbai, the city of dreams, is a favored destination by individuals                     from not just India but also abroad. This city of opportunities is                       the wealthiest city in India and has the highestGDPofanycityin                           South, West and Central Asia. The city exposes the residents to a                       range of career opportunities. People flock into the city to pursue                     their individual goals and attain a high standard of living.

People strive to settle down or set up their business in an                       influentialareaofMumbai.ThisisthereasonthatLowerParelisa                        sought after area by the masses. Lower Parel is one of the posh                         localities in the city. The easy transportation options and quick                   access to influential parts of Mumbai, make the location even more                     enchanting. Lower Parel is dominatedbyluxuryskyscrapercomplexes,                 

luxury hotels, premium office spaces, upscale restaurants, pubs and                 boutiques. The locality also housesreputedindustriesandtop­notch                 IT companies.

The high demand for this locale has made every inch of the Lower                         Parel soil, an expensive affair. The prices of land in Lower Parel                       areshootingupeachday.Hence,itcostsquiteapinchinthepocket                          to own a piece of land in the area. Therefore, most investors who                         want to set up their business in the area, and look out for small                           business spaces with maximum space utility. Developers venturing in                 Lower Parel are building innovative spaces that caters to full                   infrastructural requirements of the clientèle.

Building such innovative office spaces is not an easy task. The                     developers should be creative enough to shape projects that take up                     less space, yet should not look cramped up. More importantly, the                     project should essentially boast maximum commercial necessities.             These requirements from customers are quite a challenge to real                   estate developers. The developers who are thoroughly skilled in                 creative architecture and futuristic design techniques, are capable               enough to be able to construct such projects.

Expectations of customers who are willing to invest in real estate                     are getting higher than ordinary. People desire good return on                   investment. The need forreliableandcapablerealestatedevelopers                   is therefore increasing in Mumbai.

Maximum space optimization is the key feature while designing such                   projects. These days property investorsdiscouragewastageofexcess                 space on an expensive piece. They opt for projects that havevalued                       and optimally used every inch of the bought land. For this very                       reason,moreandmoredevelopersarehoningthemselveswiththeskill                     of innovative design. There are some spectacularly designed               

commercialspacesinMumbai.Fancydécorisnecessarytoelevateyour                     business impression but developers should also prioritize your               gratificationofyourspaceneeds.Smallofficespacesseemtobethe                       most profitable and economic commercial infrastructural option in a                 posh and expensive locality.

MarathonRealty,areputednameinMumbai'srealestatecircles,have                    ventured into officespacesinLowerParelMumbaiwiththeirongoing                     commercial project, Marathon NextGen Icon.