The Square Signature Business Chamber is a prime example of how strategic repurposing and retrofitting can significantly enhance real estate value. Originally comprising an office building and an adjacent mall, the property has witnessed a transformation, with the mall converted into additional office space.
The asset has seen healthy tenant interest. It is situated centrally with direct access to Nagar Road and is proximate to top-notch social infrastructure in Pune .The added benefit of a nearby metro station, just under five minutes away, further increases its attractiveness. This case study highlights the effectiveness of adapting and upgrading assets to optimize their value.
It has received awards and recognitions including- Awarded ‘Sword of Honour’ and Five Star Rating from the British Safety Council, Received Platinum LEED O&M certification for the commercial building.
Key Accolades and Highlights:
Total Leasable Area
0.8msf
Completed
Completed Area
0.8 msf
Year of Operations
2015
Land Area
10.1 acres
Committed Occupancy
100%
Market Value
INR 9 Bn
As on 30th September, 2024
Recreational Ground
Car Parking
Power back-up
24 hour surveillance and security
Fiserv
ADP
Amazon
Bajaj Fiserv
(On the basis of % of Gross Rentals)
Well connected by road and public transport
Address
The Square Signature Business Chambers (Nagar Road),
Kargil Vijay Nagar, Wadgaon Sheri,
Pune, Maharashtra 411014