Commercial real estate is dependent on individual and corporate earnings. Naturally, as a result of the economic slowdown, corporate organisation stopped investing in real estate, while retail too – several malls were deferred by developers.

2014 has seen more action, especially on the retail front with the entry of multi-brand retailers. And, in Gurgaon, commercial space is back again in demand, fuelled by increasing multinational presence and a reviving economy. With increased focus on India as an emerging economy, MNCs and corporates are buying and leasing property/ office space as part of their global expansion strategies. In this scenario, M3M Urbana Business Park among the new commercial projects, provides an excellent investment opportunity.

M3M Urbana Business Park is developed by renowned realty firm M3M India. It is a large mixed format project with a hotel, retail, entertainment and office spread over an area of 20 acres in Sector 67, Gurgaon. Prominently located on Southern Peripheral Road (Golf Course Extension Road), M3M Urbana is justa thirty minute drive from the airport and few minutes away from the heart of Gurgaon.

Based on the California-like design of open high street retail shops, this niche commercial space is developed by international architectural and planning firm, RSA+R204DESIGN. The building has been designed to match Manhattan style double height trendsetting retail shops, with sophisticated commercial office space. Column free construction, large floor plates and open span design simplify leasing demands while maintaining individual unit sizes. The retail units are housed on the ground and first floors, and the expansive food court on the second floor. The remaining floors, from third to the tenth, house the ultra-premium office space for sale.

The large storefronts have glazing areas with dedicated signage areas for all units. The size of the retail unit starts from 400 square feet, while the office spaces within the commercial building range from 800 to 1500 square feet. The project also houses premium service apartments in separate blocks.