As per Location
The Corenthum is situated in the very prime location of sector 62 Noida, It is very close to National Highway-24. It is also very close to fully developed township Indirapuram and Industrial sector 63,64,65 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, the IBM, the IMS Management college, The IMS Law College, the JP Management college, The Noida Expo Center, the Airtel and the, JIIT, etc.
It’s a 2-side open corner property both sides are wide roads. The Corenthum is very well connected to all type of public transport facilities and other civic facilities. The sector-62 Noida Metro station is closet to this project. Overall The Corenthum is an excellent location project.
Possession
The Corenthum is in the services since the year 2009.
Advantages | Good Factors
The Corenthum are quite successful in leasing out their office spaces. Sector 62 Noida is an IT-BPO company’s hub. At present in this area, the requirement of good location IT-office spaces is very high, but the supply is very limited.
The layout design of Corenthum tower is world class. The Corenthum is one of the best office space projects in Noida, already several big brands companies are operating their offices on this project since 2009.
Corenthum is properly visible from NH-24 Highway and very well connected with the main points of Delhi, Noida and Trans-Hindon areas. So the investment in this project’s commercial office space is very fruitful.
The Corenthum is the only commercial office space project/property in the surrounding areas of Indirapuram, Vaishali, Vasundhara, and sector 63, 64, and sector 65 of Noida. That’s why the Corenthum is good for commercial property investment and for mid-size office setup.
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS-CORENTHUM | GRADING |
| Urban Rich Gentry | Middle Class. Lower Middle Class Within walking distance, several high-class residential townships such as Sector 62 group housings, Indirapuram, Vaishali, Vasundhara, etc. | A1 |
| Prime Location | PLATINUM | A1 |
| Connectivity | 10-Minute drive from- NH-24, Sector Indirapuram, Vaishali, Vasundhara. 10-Minute drive from- Sector-62, 63, 64, & Sector 57 of Noida. Nearest Metro Station- Walking distance (Electronic City) Domestic Airport-15-Minute drive (Hindon Airport) Delhi-10-Minute drive |
A1 |
| Layout Design | Full of vigor and vitality, excellent layouts, wide corridors, proper sitting & walking arrangements, highly visible, International standards office space | A |
| Multiple Entries | Yes More Than 2 Entries | B |
| Visibility | Highly visible, corner property | A |
| High-Density population | Within a 500-Meter radius more than 1-Lakh Flats and 2-Lakh urban rich people and can denser more in upcoming years. | A1 |
| Youthful Footfall | Yes | A1 |
| Public Security | Police Station -10-Minute Fire Station 10-Minute |
A |
| Industrial Area | Within walking distance | A1 |
| Urban/Civic Facilities | Maximum facilities available | A |
| Developers Credibility | GOLD standard Developer | A |
| Price Comparison | Little bit high | A |
| Competitors | No major competitors | A |
| Expected ROI | 6% to 7% Annually | A |
Drawbacks | Bad Factors
The only drawback is that the visitor parking is a very big problem nowadays in this location of the Corenthum, and in future, it can create more panic.
Product & Developer
Corenthumis developed by Beaver International (India) Private Limited. It is a commercial office space type project.
Price
Corenthum office space sale & lease price start at approx:-
| PRICE (PSF) | LEASE PRICE (PSF) |
| 8000-9000 | 35-50 |
The Price is reasonable for the investment
Conclusion
The Conrenthum business park is one of the finest ready to move commercial office space project of Noida. If anyone invests in the Corenthum, commercial office space he may get a minimum of 6% per annum return.
CPR Ratings
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH
