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Company : Square Yards 
Tuesday, July 19, 2016 3:50PM IST (10:20AM GMT)
 
Investors Await the Mega Global Launch of Office Spaces at Emprasa Startup City- Bengaluru
1000+ residential properties were sold in the first phase and the commercial spaces are also expected to be sold out shortly
 
New Delhi, Delhi, India

After the mega success of residential project, Emprasa Startup City is now launching the commercial component of the township situated at Hoskote, Bengaluru. The first phase saw the launch of residential units, which was a huge success with 450 apartments being sold within the first three weeks of its launch. Now, the commercial part of the project, that is based on the innovative co-working/co-living concept is being launched globally through a spate of events across India & International locations from 22nd to 24th July.

India’s largest real estate aggregator, Square Yards is coordinating the global launch along with Bling Marketing, Asia’s largest real estate marketing company.

“Investors are showing keen interest in the commercial property segment of the Bengaluru City, that is propelled by strong demand from MNCs as well as a host of new startups. Emprasa Commercial with its strong credentials and well-designed investment offering, is poised for another big success,” Kanika Shori Gupta co–founder and COO of Square Yards said.
 
Awarded the most innovative project of the year, Emprasa Startup City is based on the futuristic smart city concept which is expected to be completed by 2019. It offers a unique proposition for the investors with multiple yields, both before and after possession. Investors can choose from three different payment plans and earn up to 10% of Assured returns pre-operative for 3 years and 9% of Assured rental gains post-operative for next 3 years. Investors will also gain an ROI of up to 28% by investing as little as INR 16.75 lakhs for one unit, sized 500 sq ft. An investor just has to shell off INR 2 lakhs to make the initial booking.

“Like the fully sold out residential project, Emprasa Commercial will create waves with the global launch, as investors who have waited for commercial spaces investment opportunity can make the most out of it. It’s also for the first time that a commercial property from India is being simultaneously launched internationally across ten cities in three continents.” Adds Kanika, who also heads Bling Marketing, which is strategizing and organizing the global launch.  

The cities which will witness the global launch on 22nd- 23rd July are - Abu Dhabi, Sharjah, Dubai, Muscat and Doha. Sydney, Singapore, London, Bengaluru & Mumbai will participate in the global launch from 23rd- 24th July.

About Square Yards

Square Yards is a technology-enabled transaction and aggregation platform for global real estate. Founded in 2013 and growing at a scorching pace, Square Yards is already the #1 Pan-India distributor by revenues for the primary residential real estate in India, and it enjoys a virtual monopoly in the NRI markets. In the last 2 years, Square Yards has been able to generate exceptional growth rates in all key metrics, and it currently has an annual revenue run rate of $18m while being EBIDTA positive – the only company in online real estate space to do so.

 
For News Release background on Square Yards click here
 
Media Contact Details
Priyanka, Priyanka.sharma@squareyards.in, +91-9899653162
 
 
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