Developer Paras Buildtech has commenced the construction at its high retail street, Paras Avenue, located in Noida Sector 129, after obtaining all the necessary permissions. Last week, a traditional Bhoomi Pujan ceremony was held at the property, which spans over two acres. Paras Avenue aims to redefine the high-street retail experience concept by offering visitors a unique shopping destination coupled with a delightful food court.
Kunal Rishi, COO at Paras Buildtech, said, “We are dedicated to delivering Paras Avenue within the stipulated timeline, ensuring that our esteemed customers can experience the realisation of their dreams. Paras Buildtech has a strong pedigree in developing commercial properties, timely possession and leasing are our core strengths, the legacy continues with Paras Avenue. We are grateful for the overwhelming response and will continue our unwavering commitment to excellence in all our endeavours.”
With various retail configurations, expansive frontages, and flexible spaces, Paras Avenue is trying to provide an ideal setting to maximise the commercial potential of products and services. The double-height store spaces ensure maximum brand visibility, attracting higher rental rates for investors. The sub-division of the area allows each establishment to stand out and captivate shoppers’ attention.
Recently, Paras Buildtech launched its first SCO Complex, Paras Arcade 114, in Gurugram Sector 114, offering investors an opportunity to invest in modern and futuristic commercial spaces. The developer has delivered approximately 15 million square feet retail, commercials and residential projects to date.
