Chandigarh Nov,28 : Motia Group – a Punjab based real estate developer announced the launch of its commercial project- Motia Guildford square today at Chandigarh Press Club. The commercial project spreads over an area of 3.75 acres at Airport road in Zirakpur and will offer spaces of sizes 1440 sq. ft and 230 sq. ft., double height showrooms on the ground floor which stand tall at 23.5 feet height and rooftop dining.
The group is likely to invest Rs 225 crore in the project lending the most attractive buying and leasing offers. The prodigious commercial project will cater to the needs of every vertical by offering ideal destinations for a workplace, shopping, dining, entertainment and strolling.
Located at the fastest developing area of Tricity, near Chandigarh International airport, the project promises numerous business opportunities along with providing high rental value. With improved connectivity and 24/7 operationally Chandigarh International Airport with added destinations, the demand for commercial spaces is increasing in the region, particularly in Zirakpur which is attracting investors from entire north India along with significant NRI investment.
While talking about the project Mr. L.C. Mittal, Director of Motia Group said, “The commercial real estate sector of Tricity is witnessing the rise like never before. We are happy to add this exciting new project to our development portfolio. With growing needs of people and rising population of Zirakpur, We at Motia Guildford Square are providing a one stop destination for all the commercial and entertainment needs of the people.”
Starting its journey from 2005, Motia Group has delivered multiple residential projects – Motia Heights, Royal Fame, Motia Citi, Motia’z Royal Citi in Punjab. In commercial segment the group has delivered Motia Plaza in Himachal Pradesh and High Street in Punjab. The ongoing projects by the group include Royal Business Park which is commercial project on Chandigarh-Ambala highway and Motia Huys which is residential project in Peermuchalla along with few more projects in the pipeline.