Faridabad emerges as Delhi NCR’s major commercial center

New Delhi : Faridabad is now a major business hub in the National Capital Region. This increase can be attributed in large part to the growing demand for high-quality office space among both domestic and international corporations in India. This very same city is destined to become a hub for commercial activity of every stripe.

The market value of properties in a number of key corridors has increased. This is the direct consequence of higher repo rates, which also causes property values to rise. Commercial real estate developments have been in high demand in recent years due to both global and regional financial pressure and expectations. since more people are becoming aware of the lauded long-term benefits of real estate investment. The growth of the coworking movement, the return of many people to urban areas, and the arrival of numerous multinational corporations with new Indian headquarters have all played a part in this development.

More and more companies have set up shop in Faridabad because of its abundance of high-quality office space. More and more businesses are locating their headquarters here because of its convenient proximity to affluent neighborhoods and a robust real estate market.

The RPS Group, a leading real estate developer, is in the final stages for the establishment of the World Trade Centre in Faridabad, Haryana. It will cover an area of 7.58 acres. It will have a total leasable/saleable area of one million square feet spread across four towers.

RPS world trade center will soon be ready to fill the demand for office space between Faridabad and Delhi. It is a one-of-a-kind combination of office space and modern retail, with world-class amenities such as a rooftop club with a swimming pool. It has large plates for corporate events and business suits for small businesses. It is regarded as the most significant advancement in this field.

“The World Trade Centre in Faridabad is being established by RPS Group. The city serves as an important industrial hub in the NCR region, as well as such establishment will help to solidify Faridabad’s position as a promising commercial location across the nation. We are convinced that WTC, with its world-class Grade A office space, will reinvigorate Faridabad’s commercial scenery as well as entice acclaimed and top-tier companies. We have partnered with major brands as part of this project to help make the city’s commercial hub a landmark. The RPS World Trade Center is the final stop in meeting the demand for world-class, organised retail,” said Suren Goyal, Partner, RPS Group.

“We will also meet the demand for corporate offices for nearby industries to relocate to Faridabad with this project.”, he later added.

Aside from the forthcoming World Trade Centre, RPS Group has also been working on another commercial venture at the same site.

The RPS Group has been a prominent name in Faridabad since its initial conception in 2006. The company has delivered more than 9 million square feet, including 4324 housing units, and it plans to deliver 1.3 million square feet in Faridabad over the next year. It also plans to deliver more than 3 million square feet over the next three years.