Naiknavare Developer’s Expansion of Commercial Vertical in Goa
Naiknavare Developers, announced it launched its premium commercial masterpiece, ‘Esmeralda Business Square’, an extension of its well-established residential segment, ‘Esmeralda’, comprising 1, 2, and 3 BHK luxury apartments. Nestled on the outskirts of Panaji, in Kadamba Plateau, Goa, Esmeralda Business Square has already recorded a sale of 60 percent of its total units. This two-storey edifice has paved the way for the development of boutique offices and retail shops, starting from Rs. 55 lakhs to Rs. 1.8 crore, respectively. Considering the fact that Goa’s property market is expanding and Panaji is cited as a potentially strong residential-cum-commercial hub, coupled with the overwhelming response garnered on Esmeralda residential project, the realtor adjudged to establish Esmeralda Business Square. The project is meticulously designed and spread across the basement, ground, first, and second floors. There are 10 commercial units on the first floor and 8 units on the above two floors, each with options to be outfitted with be-spoke parameters of individual business requirements. The commercial spaces are apt for business owners who particularly want to commence ventures like co-working spaces, showrooms, essential stores, and medical centres. The commercial development is equipped with top-notch facilities such as dedicated parking spaces, extensive lobbies for offices, vibrant and airy workstations, and direct view of the natural landscape, children’s play area, party lawn, gymnasium, multipurpose clubhouse, CCTV, garden area, party lawn, shopping area, and sewage treatment plant. The project’s location, Kadamba Plateau, offers a good connectivity and strong social infrastructure, making it a convenient locality. The project also has easy access to entertainment hubs like Inox Mall and GMC Stadium at a 15-minute distance, as well as medical institutes like Healthway Hospital, Goa Medical College & Hospital, and Corlim ESI, sited 12 to 14 minutes away. Importantly, there is a presence of financial institutes in the vicinity, some of which include the State Bank of India, Bank of India, and Federal Bank. Commenting on the launch of Esmeralda Business Square, Anand Naiknavare, Head of Business Process at Naiknavare Developers, said, “It is truly heartening that we have successfully sold out 60 percent of our recently-launched commercial project, Esmeralda Business Square. I want to take this opportunity to extend my gratitude to all those who have been involved in this project and continue to place faith in us. This project is a continuation of our commitment to deliver state-of-the-art constructions to our valued customers, without compromising on the aspect of quality.” The company currently has 3.1 million sq. ft. of area under construction and 4.8 million sq. ft of area under planning. They have successfully completed 50+ projects across 5 major cities like Kolhapur, Pune, Navi Mumbai, Goa, and Mumbai.
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