Tag: LC Mittal

Motia Group announces ‘no rent for 18 months’ scheme for office space
Business World, News

Motia Group announces ‘no rent for 18 months’ scheme for office space

Jun 8, 2021 by Rekha Nair 0 Comments #Director, #LC Mittal, #Motia Group

Chandigarh: Looking at the current market situation affecting businesses, Punjab-based real estate developer Motia Group has come up with a scheme to support the entrepreneur, which will help the economy grow. The company announced an 18-month free rental period for anyone who decides to open an office at Motiaz Royal Business Park, Zirakpur. The offer does not apply to the co-working spaces.

Commenting on the development, LC Mittal, Director, Motia Group, “Entrepreneurs will only pay maintenance fee for 18 months,they will not pay rent. The step is being taken to encourage entrepreneurs and startups. Business development is crucial to maintain country’s economic growth, and we want to play our part in the process. We will give office space to corporate & established business houses and not individuals.”

Zirakpur has already established itself as a business-friendly location. Motiaz Royal Business Park situated on Chandigarh-Delhi Highway has more than 100 offices already operating. The commercial project has office spaces varying in sizes from 500 sq ft to 20,000 sq ft in furnished as well as unfurnished options.

Talking about the commercial viability, Mittal says, “With Chandigarh on the map for NRIs, the opening of properties in Zirakpur near Airport Road has provided them with the opportunity to expect high returns on their investment. It also has good access to important locations, close proximity to tourist attractions, and a high quality of life, making it a popular place to buy/invest. Furthermore, property investment is secure because you will earn a return on your investment, whether by rental or capital appreciation; short-term capital appreciation is expected to vary between 10% and 12%.”

Spread over 3 acre, the project is an ideal location for multiple businesses. Intelligent planning and a business-friendly ambience make the project stand out from others. The business park is replete with all modern business facilities and the necessary infrastructure to support growing businesses. It also has on-site parking, 24-hour surveillance, and power backup. “The area’s growth potential is immense, and many corporate houses have already invested in this location. Proximity to the international airport and IT city makes business operations easier,” adds Mittal.

Motia Group launches premium project Motia’z Harmony Greens
Business World

Motia Group launches premium project Motia’z Harmony Greens…

Apr 16, 2021 by Rekha Nair 0 Comments #Director, #LC Mittal, #Motia Group

Chandigarh: Punjab-based real estate developer Motia Group today announced the launch of Motia’z Harmony Greens, a premium housing project, nearby Sector 20, Panchkula, on Kishanpura-Sanauli Road, Zirakpur. Spread over 7 acres, the project will be completed in multiple phases in three years. The project will have beautifully spaced & efficient 3 BHK, 3+1 BHK, and 5+1 BHK in plot sizes varying from 195 Sq. Yd. to 337 Sq. Yd, with starting price of Rs. 58 Lakhs.

Adjoining a forest cover of approximately 300 acres, the premium residential project brings an upgraded lifestyle in the lap of nature, away from the fast-paced tempo of city life with all major necessities in close proximity, and proposed connectivity to 200 ft. wide PR7 Airport Road. The properties around PR7 Airport Road near Zirakpur are attracting investment from people due to the potential of high returns as these properties offer seamless commuting to the adjoining areas. The newly constructed road connects Chandigarh, Zirakpur, Mohali, and in time, Panchkula, is expected to draw investments from NRIs, Punjab, Haryana, Jammu, and Himachal residents.

“With Chandigarh on the map for NRIs, the opening of properties in Zirakpur near Airport Road has provided them with the opportunity to expect high returns on their investment. It also has excellent access to key places, nearby tourist attractions, and high quality of life, making it a popular place to buy/invest. Furthermore, property investment is secure because you will receive returns on your capital, whether through rental or capital appreciation; capital appreciation is predicted to range between 10% and 12% in the short term,” says LC Mittal, Director, Motia Group.

The low-rise project — S+4 concept with lift — to be developed with earthquake resistant RCC structure has a host of amenities, including Rain Water Harvesting, well-covered stilt parking, Lifetime free meditation (B.K. Meditation Centre), Kids Play Area & Jogging Track, Commercial arcade within the premises, Up to 64 feet wide Internal Roads, Free Club House, Open Gymnasium, e-Intercom facility, and 24×7 Power backup.

In phase I, the Group will deliver 72 units out of the total 272 units. Most of the city conveniences are at a short distance from the project: Bus Stand is 10 minutes drive, Railway Station is 12 minute drive, Alchemist Hospital is 6 min drive, and International Airport is 14 min drive. “In fact, the area is witnessing many foreign brands in commercial establishments making their presence felt here because they see a large footfall of all ages from the mid-segment to the high-end strata. Real estate in this area is seeing a major increase as more developers and investors are inclined to join this upcoming hub,” adds LC Mittal.