HomeCURRENT AFFAIRSBUSINESSParas Buildtech launches retail highstreet in Noida

Paras Buildtech launches retail highstreet in Noida

One of India’s top developers, Paras Buildtech, has opened a one-of-a-kind high street retail marvel called “Paras Avenue” in Noida Sector 129. A low-rise, high-street retail project on 2 acres, Paras Avenue will provide its customers a distinctive shopping experience and a lavish food court.

Commenting on the launch, Aman Nagar, Joint Managing Director of Paras Buildtech, “Paras Avenue, located at sector 129, will be an architectural marvel as a retail high-street project in that area. We expect Paras Avenue to be fully sold out in the next three to six months, with a staggering revenue of INR 750 crore. He further added that the aim would be to lease the majority of the inventory before possession of the project.”

Nagar further added, “Following the overwhelming response from investors at Paras One33, we are optimistic about launching Paras Avenue in Sector 129. Given its seamlessly strategic location, the expectations for this low-rise retail are quite high. Brimming with opportunities, Noida continues to dominate the choices of renowned global brands.”

Paras Avenue is an urban utopia that is set to become a popular location for upscale brand experiences. It is the area’s landmark high street project and one of its beautifully designed retail projects. It’s the perfect place to maximise the commercial potential of a good or service because it has a variety of retail formats, huge frontages, and flexible spaces. Maximum brand visibility and greater rental prices are guaranteed by double-height store spaces for investors. It is easy for any establishment to stand out because of the subdivision area.

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The newest retail product from Paras Buildtech is Paras One33, a low-rise mixed-use development in Noida Sector 133 that is close to the Noida-Greater Noida Expressway. To date, Paras Buildtech has completed projects totaling almost 15 million square feet in retail, business, and residential space.

With a solid brand history behind it, Paras Buildtech, founded in 2002, is moving quickly “Towards Tomorrow.” The company, which prides itself on prompt delivery, has previously completed 12+ projects totaling more than 15 million square feet in Delhi, NCR.

Residential, commercial, and retail spaces are mixed together in an impressive project spectrum that spans Gurgaon, Noida, Zirakpur, and Mohali.

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