CPR Ratings
As per Location
The Iconic Corenthum is situated in a very prime location of sector 62 Noida. Its 1 2-side open corner property. The project is just walking distance from NH-24 Highway. The project is at the front of sector 62 Noida metro station.
Iconic Corenthum is just 5-minutes drive from high-density population areas such as Indirapuram, Vasundhara, and village Chhajarsi. The project is also surrounding by full functional Industrial sectors such as 63, 64, 65, and sector 57 of Noida.
Sector 62 Noida is an IT/BPO company’s destination, already several big IT (Information technology) companies and higher educational institutes are working here such as Nuclear Software, IBM, IMS management college, IMS Law College, JP Management college, Noida Expo Center, Airtel, and JIIT, etc.
Iconic Corenthum is very well connected to multiple public transport facilities and other civic facilities. So can say that the location of the Iconic Corenthum is very prime.
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | Iconic Corenthum– UPRERAPRJ10368 |
| Launch/Start Date | March-2015 |
| Possession Date (RERA) | June-2020 (Expired) |
| Promoters Name | Beaver International (India) Private Limited |
| Construction Stage | Ongoing |
| Architect Name | Holistics Urban Innovations Private Limited |
| Land Area | 4.9421076 Acre |
| COVID-19 Lockdown Status | COVID-19, an event of ‘Force Majeure’. Completion date extended for 6 months for all projects expiring on or after 25.03.2020 by the Government. |
Advantages | Good Factors
Iconic Corenthum tower is a part of the already developed & functional Corenthum business park and Corenthum is one of the best commercial office space projects in sector 62 Noida. Already several big brands companies are operating their offices in this project since 2010.
Iconic Corenthum is properly visible and walkable. The project is very well connected to the main points of Noida and Delhi & Ghaziabad. Iconic Corenthum is just a 15-minutes drive from Domestic Airport (Hindon Airport).
Sector 62 Noida is an IT-BPO companies hub. At present, the requirement of good location commercial office spaces is very high, but the supply is very limited. And that is a very good sign for commercial property investment.
There is no any world-class, commercial office space project available in surrounding areas of Iconic Corenthum such as Indirapuram, Vaishali, Vasundhara, sectors 63, 64, & sector 65 Noida. Which is also a very good sign for investment in Iconic Corenthum.
Products & Developer
Iconic Corenthum is under development by the Beaver International (India) Private Limited. It is a commercial office space type project.
Builders Profile
Beaver International has a good market reputation in the real estate industry. He has successfully handover several commercial projects in Noida.
Drawbacks | Bad Factors
The only drawback is that the visitor’s parking is a very big problem in sector 62 Noida and can create more panic in the future.
The construction and possession of this project depend on the sale of shops/space so the project may be the delay.
Price | Lease Price
Iconic Corenthum office space price starts at approx:-
| UNIT TYPE | SIZE (Sq Ft) | PRICE (PSF) |
| Office Space | 500-3000 | 7,850-8000 |
| Other Charges Extra* | ||
Conclusion
The investment of Iconic Corenthum, commercial office space may get a minimum 6% per annum return after possession. The project is best suited for multinational companies’ office setups.
CPR Ratings
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH
Vijay yadav
Ultimate location for investment in office space, but construction is very slow
Corenthum is good for business startups and small offices
Sunil choudhary
Corenthum, good investment for startup businesses, good location, resalable price
Deepti sharma
Iconic corenthum office space value for money
kake
Parking is big problem in this area especially in front of corenthum