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High Street Shop Condomnium

Wave City Center offers High Street Shop Condomnium for retail space. Get more information at http://www.wavecitycenter.in/condominiums.php

Irenia - 2 and 3 Bedroom Premium Residences

Irenia 2 and 3 Bedroom Premium Residences in Noida with world class amenitites. Know more at http://www.wavecitycenter.in/irenia.php

Amore and Trucia - 2,3, and 4 BHK Premium Serviced Residences

Wave City offers Amore and Trucia - 2,3 and 4 bhk premium serviced residences. Know more at http://www.wavecitycenter.in/amore-trucia.php

Tuesday, 12 September 2017

Importance of Concierge services in Office Buildings



As a real estate manager of a commercial building, one of the basic objectives is to offer your tenants with an experience that is matchless. One way to add value for your property and increase their satisfaction is to offer concierge service. When talking about concierges the only concept that comes to mind is the concierge desk at the hotel which provides services to the in-house guests.  However, in a commercial space, a concierge can provide much more than just that service.



How the modern day business center with concierge services help tenants?

A concierge in the building can save the tenants from the mundane tasks of looking up for various services like laundry, plumbing etc. A concierge can provide recommendations as they are equipped in a better way to help their tenants with a complete database of such professionals. Therefore, in order to get the job done in the right way, a concierge who is well-versed in various activities, updated and trained in customer service is required. 

Top-notch concierge services are now seen as a mandatory thing for potential tenants in the premium end of the corporate real estate market, and a determining factor for key corporations when choosing their office location. In fact business-savvy tenants are also asking for professional concierge services at the lease negotiation stage. As per the landlords and office tenants, concierge services for employees and guests has now become one of the most important factors to look out for in buildings along with other amenities like retail outlets, lounge, food court, conference facilities, gymnasiums and open spaces for huddles and team get-togethers.

These days, the biggest luxury available to most people is time, so the reply to this is having concierge service to make things run at ease, whether it be with assisting to welcome and guide the customers, to making a restaurant booking or ordering a takeaway coffee. 

Additional benefits that concierge desk offers
· Offering concierge services to your employees, tenants, and clients is a great way to increase performance and productivity, improve customer experience, boost employee morale and add value.
· Employee productivity goes up because there is a dedicated desk to take care of their requirements while they are at work. So, be it paying the bills or doing the bookings, there is someone to fall back on.
· Each request is given a stipulated time frame to start and complete and a report is prepared submitted to the client on completion of assignment.

All these explain why concierge service is important for an office building to have.

Friday, 1 September 2017

Why Should Young Entrepreneurs Invest in Real Estate?

If you are young and have a steady business and are thinking of making an investment then investing in real estate is definitely a good option for you. Most of the young entrepreneurs tend to believe that investment should be done at a later stage however, the actual fact is that the investments should be done when you are young and have a good income.


The sooner you develop the habit of saving the better it is for your future. When talking about investments, things that are at the top of your mind are shares, bonds and the mutual funds but investing in real estate is another very good option which young entrepreneurs must explore.

If you are interested to know the benefits of investing in real estate at an early age then you can go through the list given below:

  • If you invest at a young age you can get higher returns because if you re-invest the profits you may have earned in the first shot, you get double the profits and growth. Since you are young, you have fewer responsibilities and thus have the chance of investing a large part of your income.
  • You will also be able to get a diverse portfolio. In case the share market goes down then you need not worry because you have money invested in the real estate that will still generate a good income for you.
  • If you put the property on rent then you will have a good cash flow. Investing in the commercial property in Noida will definitely be a very good decision because Noida offers a highly dynamic market and there are a number of people who are planning to settle down here. So, if you invest in a retail property in Noida, you can rest assured that you will surely be able to get very good returns on your investments.
  • Real estate provides you with a variety of investment options. If you want you can invest in a 2 BHK apartment or you can even invest in an office space or a retail store. You can invest as per your budget.

There are a number of different options for investment but you should always invest in the property of a reputed builder so that you do not have to face any legal issues at a later stage.

Monday, 14 August 2017

Clauses to be Careful about in a Buyer Seller Agreement

 

Purchasing a residential property is a legal process and hence, before you proceed with the transaction it is essential that you hire a reputed civil attorney. The attorney will be responsible for scrutinizing the legal documents of the particular residential property, drawing up the agreement papers and deal with other such legal aspects of the transaction. Nevertheless, while purchasing a residential property it is essential that you evaluate the documents and discuss with your lawyer the meaning of the clauses that are there, especially in the buyer seller agreement. While evaluating the agreement it is essential that you ensure that the clauses in the agreement are not against the home buyer and are pro buyer. Moreover, you should also be designated as the sole owner of the residential property that you want to purchase. Some of the clauses that you should be careful about while evaluating the buyer seller agreement have been discussed below.

Understanding your Buyer Seller Agreement

Say for instance you want to purchase a 4 bedroom flat in Noida from a reputed real estate developer; before you can proceed with the transaction you must obtain all the property papers and have your lawyer evaluate the buyer seller agreement. Some of the clauses that your lawyer might point out are as follows:
 
  • The developer cannot change the layout of the property without the consent of the owners, as per the ruling of Supreme Court. The builder must address the concerns of the home owners before changing the layout of the property. Only with a consensus agreement from the homebuyers can the developer proceed with changing the layout of the particular residential property.
  • The developer cannot increase or decrease the size of your apartment. If the developer increases the size of the flat then you will end up paying more and if he decreases the size, then the square foot area of the unit may not meet your requirements.

Thus, while purchasing a residential property like a luxury apartment it is essential that you evaluate all aspects of the buyer seller agreement and ensure that the clauses are pro buyer. 

Friday, 7 July 2017

Buying a Commercial Property in Noida at a Premium Location


Commercial property, be it shop, showroom, or office, is a great investment option owing to the high return on investment (ROI). However, such investments should be done carefully. For that, you should do a market study to understand if it is the right time to invest in a commercial property. For example, if you are interested in buying one of the shops for sale in Noida but the prices are at an all-time high, it is wise to wait till the market becomes stable and things are within your reach.


Also, if there is speculation of prices going down, then you should surely wait. Property prices depend on several factors and you should always take an informed decision. Also, it is very necessary to know about finding the right places to buy property at decent rates.

Points to Keep in Mind When Buying a Commercial Property in Noida

One might find a lot of shops for sale in Noida but that does not mean that each of them is an ideal deal to go for. When buying any shop or any commercial property, the following things should be kept in mind:

  • Check whether the property has proper documents which are real and valid. Buying a disputed property can be a major headache in the later run. So, try to avoid such traps.
  • Check the infrastructure and construction plan. Verify whether it is compliant with standard regulations so as to avoid problems in the future.
  • The location of the shop should be accessible for the customers.
  • Always opt for the best location as it will fetch you good price whenever you need to sell your shop.
  • Also, know your seller(s) before buying, and verify that they are legit.
  • Always register the property to establish your ownership and to avoid any legal dispute.
  • This is the age of promoters who sell land for hefty commissions and at the cost of breaking many legal procedures. Thus, it is advisable to buy property after due diligence at your end.
  • Make sure that the builder has a good reputation and is known for quality construction.
  • You can also check builders’ websites to know what is on offer.
  • Check the complete details, visit the website, ask professionals, discuss with associates and family, and take an informed decision.
Thus, to make your investment worthwhile, you can follow the points as mentioned above, and most importantly, do your own research to make an informed decision. 



Monday, 3 July 2017

How to ensure that the Office Space Purchased by you is Utilitarian?



office spaces in noidaWhen you purchase an office space or a commercial property, then the first thing that you have to take into consideration is the price of the property. Commercial property prices are always higher than residential properties. Hence, while investing in an office space, you must ensure that the investment is a worthwhile one. You must ensure that the office space that you have purchased is utilitarian and meets all your requirements. If you want your business to produce good returns, it is important that you ascertain the utility of a particular office space, before you proceed with purchasing it. Some of the factors that should be taken into consideration, to ensure that the office space you want to purchase is utilitarian, have been discussed below. 
  
Purchasing an Office Space in a Commercial Centre
 
When you purchase space for office in noida, which is a premier commercial and IT hub in India, you must be prepared to make extensive monetary investment. Hence, you should ensure that the office space you want to purchase is utilitarian and meets your requirements. Some of the points that you should consider while purchasing an office space in Noida are as follows:

  • Ensure that the square foot area or the carpet area of the office space suits your organization’s business activities. In other words, the area of commercial space that you require to set up a legal firm will definitely be different from that of a retail store. Hence, to make maximum utilization of the commercial space available, you must choose the area of your office space based on the type of business.
  • To ensure that the commercial space that you have purchased produces good returns, you should purchase a commercial property located in an industrial or IT hub, like Noida. Chances of reaching out to a wider customer base becomes easier, if your office is located in a commercial hub. 

Thus, to ensure that the office space you want to purchase is utilitarian and that it will produce good returns in future, you must ensure that the location of the commercial space is a lucrative one.