Resale Office Space in Grandthum by group 108
Description
Office Space in Grandthum by group 108
Grandthum by Group 108 stands as a landmark commercial development in the rapidly evolving landscape of Techzone 4, Greater Noida West. Strategically positioned in one of NCR’s most promising corridors, this futuristic project spans an impressive 23 acres of prime land and embodies a comprehensive approach to commercial real estate. Designed to be a next-generation business and leisure destination, Grandthum boasts architectural brilliance combined with thoughtful urban planning. Its twin iconic towers rise majestically into the skyline, setting a new benchmark for commercial infrastructure in the region. From entrepreneurs and startups to established brands and corporate offices, the development caters to a wide spectrum of business needs while simultaneously offering a vibrant environment for visitors and investors alike.
What truly sets Grandthum apart is its ability to offer a 360-degree lifestyle experience. Whether it’s the cutting-edge business infrastructure, curated retail experience, or modern dining and entertainment facilities, every element has been crafted to foster growth, convenience, and connectivity. With IGBC Platinum pre-certification, the project also champions sustainability and energy-efficient practices, making it an environmentally responsible investment.
Being located in Techzone 4 – one of the most well-connected and high-potential micro-markets in Greater Noida West – Grandthum enjoys excellent access to major roadways, metro connectivity, and residential zones. This translates into high footfall and long-term business viability. As a result, Grandthum is not just another commercial complex; it’s an integrated urban ecosystem poised to become a central business and leisure hub for the entire region. If you’re looking for Office Space for Sale in Greater Noida West, Grandthum offers an ideal opportunity to own a space in one of the most strategically planned and aesthetically designed developments in NCR.
Property Feature | Details |
---|---|
Project Name | Grandthum by Group 108 |
Property Type | Office Space |
Location | Techzone 4, Greater Noida West |
Size | 688 Sqft |
Status | Ready to Move |
Rate | ₹5,500 per Sqft |
Total Price | Approx. ₹37.84 Lakhs |
Developer | Group 108 |
Project Area | 23 Acres |
Amenities | High-speed elevators, Food court, Parking, 24×7 Security |
Possession Status | Available |
Usage Type | Commercial – Office |
USP | Twin tower design, Retail + Office Integration |
Why Invest in Greater Noida West?
- Rapid Urbanization: With over 8,00,000 apartments planned in the region, Greater Noida West is a high-density residential area, ensuring a steady footfall for commercial properties.
- Infrastructure Development: Connectivity via the Noida-Greater Noida Expressway, Yamuna Expressway, and the upcoming Jewar International Airport (expected by 2025) enhances accessibility.
- Commercial Growth: Techzone 4 hosts major projects like Bhutani Cyberthum, NX One, and Gaur City Center, making it a thriving business district.
- Metro Connectivity: The proposed metro station near Grandthum, part of the Noida Metro Aqua Line extension, will further boost accessibility.
- Economic Potential: According to a 2024 Square Yards report, commercial properties in Greater Noida West offer rental yields of 7-9% and capital appreciation of 15-20% over five years, driven by infrastructure projects and corporate demand.
Property Highlights: Why This 688 Sqft Office Space Stands Out
1. Ready-to-Move Advantage
As a ready-to-move office space, this 688 sqft unit allows immediate occupancy, enabling businesses to set up operations without delay. Unlike under-construction properties, it eliminates risks associated with possession delays.
2. Competitive Pricing
Priced at ₹5,500 per sqft, the total cost of approximately ₹37.84 lakh is competitive compared to similar properties in Grandthum, where prices range from ₹4,390 to ₹6,500 per sqft. This affordability, combined with high rental yields, makes it an attractive investment.
3. Strategic Location
- Proximity to Residential Hubs: Close to high-density residential projects, ensuring a steady client base.
- Connectivity: Direct access to Kisan Chowk, NH-24, and the FNG Expressway, with the proposed metro station within walking distance.
- Corporate Proximity: Near IT/ITeS companies, educational institutions, and MNCs like IBM, LG Electronics, and Yamaha.
4. Premium Amenities
The office space is part of a Grade A building with amenities designed to enhance productivity and comfort:
- 100% Power Backup: Ensures uninterrupted operations.
- High-Speed Elevators: Facilitates seamless movement across floors.
- 3-Tier Security: Includes CCTV, access control, and 24/7 staff.
- Fire Safety: Equipped with fire-fighting systems and earthquake-resistant RCC frame structure.
- Natural Light: Expansive windows provide a well-lit, invigorating workspace.
5. High Rental Yield Potential
With rental rates for office spaces in Greater Noida West ranging from ₹30-50 per sqft per month, this 688 sqft unit could generate ₹20,640-₹34,400 monthly (₹2.47-₹4.13 lakh annually), offering a rental yield of 6.5-10.9%.
Investment Analysis
Cost Breakdown
- Total Cost: 688 sqft x ₹5,500/sqft = ₹37,84,000 (₹37.84 lakh)
- Booking Amount: Typically ₹2-5 lakh, based on similar listings.
- Additional Costs: Registration, stamp duty, and maintenance charges (estimated at ₹2,600/month for similar properties).
Return on Investment (ROI)
- Rental Income: Assuming a conservative rental rate of ₹35/sqft, annual income = 688 x ₹35 x 12 = ₹2,88,960. Yield = (₹2,88,960 / ₹37,84,000) x 100 = 7.64%.
- Capital Appreciation: With a projected 15% annual appreciation, the property’s value could reach ₹43.52 lakh in one year and ₹57.45 lakh in three years.
- Total Returns: Combining rental income and appreciation, the first-year ROI could exceed 22%, making it a high-performing asset.
Comparison with Market
Similar office spaces in Techzone 4, such as those in NX One or Gaur World SmartStreet, are priced at ₹6,000-₹7,000 per sqft, with possession often delayed until 2026. This 688 sqft unit, being ready-to-move and priced lower, offers superior value.
Grandthum by group 108 Location Map
FAQs: Addressing Common Queries
Q1. Is the office space legally clear?
Ans: The property is part of Grandthum, a RERA-registered project (UPRERAPRJ585534, UPRERAPRJ605316, UPRERAPRJ103135, UPRERAPRJ957104). Buyers should verify the unit’s title deeds and ownership documents through a legal expert.
Q2. What is the condition of the office space?
Ans: As a ready-to-move unit, the 688 sqft office is in move-in condition, with cemented walls, concrete flooring, and access to shared amenities like washrooms and pantry areas. A physical inspection is recommended to confirm specifics.
Q3. Can the rental income be increased?
Ans: With rental rates in Techzone 4 ranging from ₹30-50/sqft, there’s potential to increase income to ₹40-50/sqft as demand grows, especially with the metro and airport developments. This could push annual income to ₹3.3-₹4.13 lakh.
Q4. What are the maintenance costs?
Ans: Maintenance costs for Grandthum offices are approximately ₹2,600/month, covering security, power backup, and common area upkeep. Exact costs should be confirmed with the developer or property manager.
Q5. Is financing available?
Ans: Banks like SBI, HDFC, and ICICI offer commercial property loans, typically covering 70-75% of the property value. Buyers should check eligibility and property valuation with lenders.
Q6. Why is this office space priced at ₹5,500/sqft?
Ans: The competitive pricing reflects the seller’s intent to attract buyers in a high-demand market. Similar ready-to-move units in Grandthum are listed at ₹5,000-₹6,500/sqft, making this a value-driven offer.
Q7. What amenities support business operations?
Ans: The office benefits from 100% power backup, high-speed elevators, 3-tier security, fire safety systems, and a wet pantry/cafeteria area, ensuring a conducive work environment.
Q8. Is Grandthum a good investment?
Ans: Yes, Grandthum offers high rental yields (7-9%), robust connectivity, and strong appreciation potential (15-20% over five years), making it ideal for investors and end-users.
Address
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Address Greater Noida West
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Country India
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Province/State Uttar Pradesh
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City/Town Resale Property in Greater Noida West
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Postal code/ZIP 201308
Overview
- Property ID 5908
- Price ₹3,784,000
- Property Type Office Space for Sale in Greater Noida West
- Property status Resale
- Bathrooms 2
- Year Built 2019
- Size 688 SqFt
- Label Office Space
- Garages 1