Development Trend & Demand Assessment Introduction The area around the project site is surrounded with commercial development (Retail shops, Complex, Hotels-Restaurants & Offices), small and medium manufacturing industrial development and busy GSRTC Bus Terminal, City Bus Stand and Ring Road. Development Trend Commercial Development: Many prominent office-buildingcomplexesand manufacturing units are located near the project site like Orbit Tower, Twin Tower, Golden Point, Japan Market, Belgium Square, Belgium Tower, City Centre, Poddar Arcade, etc. Most of these buildings are located on the western side of the project site situated on Ring Road (refer ).The lease rental varies from Rs. 65 to Rs. 100 per sq.ft. per month depending on the location of the building, condition of building and amenities provided. Figure 41: Existing Commercial Development around the Project Site
Development Trend & Demand Assessment Introduction The area around the project site is surrounded with commercial development (Retail shops, Complex, Hotels-Restaurants & Offices), small and medium manufacturing industrial development and busy GSRTC Bus Terminal, City Bus Stand and Ring Road. Development Trend Commercial Development: Many prominent office-buildingcomplexesand manufacturing units are located near the project site like Orbit Tower, Twin Tower, Golden Point, Japan Market, Belgium Square, Belgium Tower, City Centre, Poddar Arcade, etc. Most of these buildings are located on the western side of the project site situated on Ring Road (refer ).The lease rental varies from Rs. 65 to Rs. 100 per sq.ft. per month depending on the location of the building, condition of building and amenities provided. Figure 41: Existing Commercial Development around the Project Site