Security in terms of earnings is the most important aspect of any family. We work to support our families when we feel healthy and have job security. But just the thought of not being able to earn shivers our whole being. One should, therefore, look for options that are available in the market where a lifelong income is already set for you and your family, and in your absence or disability, nothing gets disturbed. You are rest assured that your income is secured.<\/p>\n\n\n\n
There have been many examples where developers have promised assured returns but were unable to provide any. Real estate is a high-risk business with a lot of uncertainties. Consumers despite being unable to get returns, still believe in such schemes and investments. But for the first time in India, such a return is being promised through a bank scheme to secure your investment.<\/p>\n\n\n\n
It is always a location that determines the appreciation of any asset. Nothing beats investment in Central Delhi when compared to Noida or Gurgaon. Strategically located in the heart of Central West Delhi in Patel Nagar near Pusa Road, \u201cThe Delhi Mall\u201d a mixed-use development is one of the most happening commercial buildings of NCR & is part of the \u201cLeela Sky Villas\u201d complex, which is the tallest planned tower of capital city Delhi, more than 2.5 times taller than Qutub Minar.<\/p>\n\n\n\n
\u201cThe Delhi Mall\u201d is very close to hotspots like Rashtrapati Bhavan, Connaught Place, India Gate, Chanakyapuri, and Karol Bagh. Investors also benefit from the high visibility and footfall from the catchment areas around. Punjabi Bagh, Kirti Nagar, Rajinder Nagar, Patel Nagar, NarainaVihar, Moti Nagar, and Karam Pura are within a radius of just 3 km from here. These prime locations make it an attractive investment opportunity.<\/p>\n\n\n\n
Many national and international brands have already signed lease agreements with the developer. INOX having 9 screens has signed @ Rs.235\/- sq.ft which is one of the most expensive deals for any Mall in North East Asia.The various other brands include Haldiram, Barista, Shoppers Stop, Tumble House etc.The developer is already in talks with several global commercial real estate service agencies for its zoning and maintenance.<\/p>\n\n\n\n
Santhosh Kumar, Vice Chairman, Anarock, said, \u201cIf we look at the average carpet rental rates in already operational malls like Select City, Avenue, Promenade by DLF, Ambience in Vasant Kunj by Ambience Group, Vegas in Dwarka, Pacific mall by Pacific group for sales in Delhi\/NCR malls for the first quarter of the financial year 2024, the rental price ranges from Rs 350 per sqft to Rs 1000 per sq ft. So it is already understood that the rental values are going up by leaps and bounds due to lack of supply of quality malls in Delhi.\u201d<\/p>\n\n\n\n
DLF spokesperson says that in all our operational malls, the rentals are highly dependent on location and amenities. That\u2019s why we have increased our new rentals by 30 to 40 percent with improving marketing sentiments.<\/p>\n\n\n\n
The rents in these malls have sky rocketed as demand for premium space for both international and domestic brands continues to rise. Online retailers that have opened standalone stores or small touch points in the offline space are also adding to the overall demand for retail space.<\/p>\n\n\n\n