Tag: Mr. Vikas Bhasin

SAYA Homes Unveiled the Ultimate Shopping Destination ‘SAYA PIAZZA’

Noida: The SAYA Homes, a leading real estate developer of NOIDA NCR has announced an ultimate premium shopping destination, SAYA PIAZZA in sector 131 Noida. Today on Sunday, Bhoomi Poojan has been performed at the site and project details have been revealed. At launch, the company has received a huge number of enquiries from the buyers who had shown their willingness in buying the project.

Adding another feather to the Noida commercial destinations, the SAYA Homes has incorporated all premium amenities to SAYA PIAZZA. The Highstreet project is architected by the country’s leading Brij Architects and is spread over 1.72 acres in Noida sector 131 on Noida Expressway. PIAZZA will have total 300 shops with total constructed area of around two lakh square feet. As per the plan, the lower ground floor will have hyper-market, ground & first floor will have retail shops, second floor will cater entertainment section and the third floor will have dining and food court.

The SAYA PIAZZA will herald in a new age in retail therapy and entertainment, since it will serve 50,0s00 families in a catchment area that is estimated to attract more than 2 lakh visitors. The location enjoys one of the best commutation connectivity catering to the residents of NOIDA, GNOIDA and Delhi.

Speaking on this auspicious occasion, Mr Vikas Bhasin, Managing Director, SAYA Homes, said, “At SAYA Homes, we believe in setting up high customer expectations and so today have introduced SAYA PIAZZA at one of the best locations in Noida. Considering the design, amenities and connectivity we are receiving overwhelming response from the buyers. The sectors like 129 and 131 are of high potential locations for real estate projects and I am sure that SAYA PIAZZA will stand out as the new high street commercial destination in Delhi NCR.”

The Saya Group, well-known for quality-construction and timely-delivery, is providing excellent facilities offering retail shops, exquisite interiors with multiple restaurants, bars and another leisure destinations. The premium top brands will be present to meet the expanding needs of the potential customers, as well as the elaborated food-courts, acclaimed restaurants and food chains, lifestyle retail, anchor retail space and entertainment at very competitive and affordable prices.

It will provide investors with commercial space with exclusive units for outright sale and lease assistance. It will also have modern amenities such as gym, fire alarm, CCTV, 24 x 7 security, Power back, 24 hour water supply and a clubhouse. The marquee retail establishments with imposing high-ceiling up to 25 feet, as well as a hefty dose of food courts, cafes, and showrooms, will garner extra attention due to its proximity to the Noida Expressway.

Return of migrant workers to kindle revival in realty

Real estate sector is the backbone of the country, impacting overall GDP and the employment ratio for a great magnitude of the labour force. As the realtors strive hard for returning to the Pre-COVID levels, the impact April-June quarter had on the sector continues to get gradually subdued. One of the significant driving factors determining this revival in realty is the return of migrant workers back to metro cities.

Mr Vikas Bhashin

 

Speaking on the same Mr. Vikas Bhasin, MD, SAYA Homes said, “The exodus of labourers who went back to their hometowns and villages in the hope of saving and earning more in the adverse times of lockdown, began changing their perception as cities began to unlock and construction sites were open for providing them job opportunities. The labourers that stayed back in the cities were made to do rotational shifts and upskilling to make up for the time lost during lockdown months and ensure timely deliveries of projects.”

Delhi NCR, being the major real estate market of North India, gets migrant labourers from the nearby states of Uttar Pradesh, Haryana, Bihar, Madhya Pradesh, Jharkhand etc.

 

Mr. Harvinder Singh Sikka, MD, Sikka Group

 

Harvinder Singh Sikka, Managing Director Sikka Group said, “Many established players in the construction and real estate began rolling out facilities and incentives to attract the migrants back to the cities such as flight tickets, insurances, better living conditions etc.”

Real estate body NAREDCO-UP also signed a memorandum of understanding with the Yogi Adityanath government on May 29 to facilitate buses for return of migrant workers. The continuation of operations in the infrastructure and real estate sector provides a significant boost to the overall development scenario in a country.

 

Dhiraj

Dhiraj Bora, Head Marketing and Communication, Paramount Group said, “NCR stands with an unsold housing stock of about two lakh units, reported a recent survey. A significant portion of it remains in the under-construction categories, and the return of labourers would bring the restored glory by kickstarting the marred construction activities due to lockdown and disrupted supply chain. Sales have started picking up during the festive season, and demand for property is consistent across the verticals of RTMI homes and under-construction projects.”

Timely deliveries of projects in the coming quarters will further strengthen the positive sentiment in the realty sector and bring back buyers and investors in greater numbers than present times.