Commercial properties in 32nd Avenue Milestone, a popular food and entertainment complex located along the Gurgaon-Jaipur highway, is getting back in a new avatar, with high street F&B sections while offering pre-leased commercial spaces for sale in Gurgaon.
Commercial Property in Gurgaon – 32nd Avenue Milestone
Among all experiences and attractions that 32nd Avenue Milestone offer, there’s one escapade that stands out from the rest. “The Galleries“. Certainly, It is the best commercial property to invest in Gurgaon right now.
Milestone Ventures has invested about Rs 25 crore to retrofit this commercial property. It roped in property consultant CBRE South Asia as the leasing as well as a marketing partner to reinvent the property as a specially curated high-street hotspot, offering a range of F&B (food and beverages) & luxurious brands.
“Building on the iconic status that 32nd Milestone has among the older generation, we look to reach out to the younger and more informed workforce present here as well and build new memories that will go the distance,” quoted to Economic Times by Dhruv Sharma, CEO, Milestone Ventures.
Best Leased Commercial property to invest in Gurgaon
Located on Delhi – Jaipur national highway. 32nd Avenue has a 2.4 lac sq. ft. area, out of which, “The Galleries” cover a 40,000 sq. ft. area. Sharply zeroing on providing a virtuoso experience, which you will only get in a high-end place, filled with luxury brands in an “Avenue” located somewhere in LA or Manhattan. Moreover, the mixology of “gourmet” with “luxurious” shopping experience is expected to be the most unique & one of a kind trial to hit the Indian commercial market.
After massive re-development of this quintessential, old-school hangout joint from our school days. Mr. Dhruv Sharma has opened doors to investors for partaking in the growth of this market and offering “Fixed” rental income in return. Let’s get into the specification now, shall we?
Luxurious & Pre-leased Commercial Spaces
The Galleries is a 40,000 square feet experiential boutique retail hub. Hosted by a 30’ pillarless structure, an avenue is a place for upper-class brands like Rolex, Gucci, Armani, Hugo Boss, Yves Saint Laurent, Prada, Swarovski, in addition to the other 38 units which have been already pre-leased to more ostentatious and opulent brands. Also, let’s not forget that It has already introduced international brands like The Piano Man, Greenr, and Carnatic Cafe to Gurgaon and NCR.
Architectural Marvel of Gurgaon Real Estate Industry
Ideated with the same visual concepts as 32nd Avenue, the Galleries also celebrates the Aqua Theme founding elements like water, concrete, brass, brick, stone, along with wrought iron, which blends their simplicities into a classic and modern American architectural style.
In addition to the above, the soothing sound of the waterfall will touch your soul and moves you to the different dimensions of Peace & happiness. It aims to inspire a high-street shopping experience, the Galleries perfectly complements the traditional look of 32nd Avenue.
Now, the reasons why the investors should take interest in and buy this commercial property:
- Firstly, the location and the catchments of this place. Well-timed and favorable that anyone can reach 32nd Avenue, & everything, from Metro stations to major hospitals like Max, Fortis, etc. is only 15 – 30 mins away, depending on the traffic.
- Secondly, the framework and beautification of “The Galleries” is provided by the architectural metalwork department of Andy Thornton. The team designed the entrance canopy at London’s The Rubens at the Palace.
- The Galleries is for the consumer who understands food and beverages and aspires to have those international vacations. The spending capacity of such a crowd is far more than an average middle-class person.
- 32nd Avenueis a part of 32nd Village which is spanning across 24-acre development. It has offices, retail space, community activity centres, and a convention centre that can house more than 2,500 people.
Furthermore, it is a one-of-a-kind community space for Gurgaon and most likely Delhi as well. Hopefully, “The Galleries” will be able to provide the experience which we can fathom out of the bits of details which has been shared with us by Milestone Ventures and its major channel partner, Geetanjali Homestate Private Limited.