Double side open corner plots have always been a hit, whether you talk about them from the commercial or residential perspective. In this blog though, we will focus on discussing the benefits of commercial property built on a double side open corner plot. Many people would argue that buying a shop in Ghaziabad or any other location, which is located inside a commercial property built on a corner plot, is an expensive affair. However, that is not always the case. For instance, Himalaya City Center, a shopping mall in Raj Nagar Extension, Ghaziabad, is constructed on a corner plot that is open from two sides. But, if you buy a commercial shop for sale in Raj Nagar Extension, in this mall, it won’t cost you a fortune. The investment is reasonable when you compare it with similar properties located in other parts of Delhi NCR.
One of the best things about a corner plot is that it gives the developer some additional space to extend the building. This could result in the equal distribution of the additional space to all the shops located inside as well as frontage and parking space. No wonder commercial shops in Ghaziabad and other locations that are built on corner plots are so popular amongst investors. The demand for these properties is always high as it gives investors and businesses the opportunity to get the maximum benefits of out of such property. The value of corner properties appreciates at a much faster pace than others.
Corner plots also provide developers with the freedom to be innovative with the design and layout – something that is quite evident in Himalaya City Center. This is a two side open commercial property, with nothing on either side to hinder construction. The high-street commercial project in Raj Nagar Extension is an aesthetically pleasing property that could give the best shopping malls in Delhi NCR a run for their money.
And when we talk about shopping malls built on corner plots, the two very popular names that come to mind are DLF Mall of India and the Great India Place. Both are located in Noida, barely half a kilometer apart. Just like Himalaya City Center, these malls also have big parking lots. Accessibility isn’t a concern. Visitors can enter the mall from different sides as there are multiple entry gates available. Corner plots are also preferred for commercial properties because people who don’t have any business idea in mind yet or don’t want to leave the property vacant for too long, can lease it out to someone. This way, they will have an extra source of income, which they may not have thought about earlier. And if your shop is located in commercial property built on a corner plot, it will be much easier for you to find tenants for your shop.