BPTP Park Centra - Gurgaon

Tchyon is offering an opportunity to invest in a 2,965 sq ft. of A-Grade Office space set in the popular commercial corridor of NH8 in Sector 30, Gurgaon. BPTP Park Centra is an A-Grade commercial building spread out over 5.1 acres of land and situated opposite the famous 32nd Milestone. The building offers modern amenities including Landscaped Garden, Fire Fighting Systems, Power Backup, Lift, Cafeteria and Sewage treatment plant. The strategic location offers smooth connectivity to various parts of the city including metro stations, malls and commercial zones with offices of Google, IBM, Smart Works and WeWork in close vicinity.

The BPTP commercial building is strategically located on NH8, NCR's most prominent commercial hub, BPTP Park Centra is situated just 4.8 km from Huda City Centre Metro Station Near Indira Gandhi International Airport, 15.4 km from Terminal 3 on the NH 8. Well connected to the city, close proximity to metro station, malls, commercial buildings, and famous 32nd Milestone Avenue.

Delhi NCR recorded gross leasing of 3.58 msf during Q4, a significant q-o-q growth of 44% similar to the previous quarter. For the entire year of 2021, leasing stood at 9.9 msf, increasing by 17% from last year. Gurugram took the lead in quarterly as well as annual leasing with 84% and 67% share, respectively, with core markets such as Cyber City, MG Road, NH8 – Prime and Golf Course Road witnessing great traction. Fresh leasing led the demand during the year with a 69% share, followed by term renewals and pre-commitments with respective shares of 17% and 14%.

The share of fresh leasing in overall demand increased in both Q3 and Q4, signalling confidence of occupiers to carry on with their footprint expansion. E-commerce was the leading demand driver for office space with a 24% share in Q4 leasing as the segment recorded some large transactions in 2021. Engineering & Manufacturing and Professional Services were the other segments that led demand with respective shares of 16% and 11% in Q4.

The quarter was also quite impressive from enterprise seats take-up in co-working spaces. With a 7% share of flexible workspaces in both quarterly and annual leasing volumes, seats take-up grew by 5X over that recorded in the previous quarter. Office demand in Q4 was led by large spaces being leased in investible-quality stock with superior maintenance and hygiene standards.

MoEVing is an electric mobility technology platform operated by Moeving Urban Technologies Pvt Ltd.The company provides solutions to e-commerce, e-grocery, fast-moving consumer goods (FMCG), logistics and direct to consumer(D2C) companies to optimize their logistics costs and reduce carbon emissions. MoEving operates 600 electric vehicles in 10 cities and aims to scale to 10,000 EVs and 100 charging hubs in 30 cities by the year 2023.