Goa: Naiknavare Developers, renowned for its well-thought-out community-centric residential and commercial projects in Mumbai, Goa, and Pune, has announced it launched its premium commercial masterpiece, ‘Esmeralda Business Square’, an extension of its well-established residential segment, ‘Esmeralda’, comprising 1, 2, and 3 BHK luxury apartments.Nestled on the outskirts of Panaji, in Kadamba Plateau, Goa, Esmeralda Business Square has already recorded a sale of 60 percent of its total units.
This two-storey edifice has paved the way for the development of boutique offices and retail shops, starting from Rs. 55 lakhs to Rs. 1.8 crore, respectively. Considering the fact that Goa’s property market is expanding and Panaji is cited as a potentially strong residential-cum-commercial hub, coupled with the overwhelming response garnered on Esmeralda residential project, the realtor adjudged to establish Esmeralda Business Square.
The project is meticulously designed and spread across the basement, ground, first, and second floors. There are 10 commercial units on the first floor and 8 units on the above two floors, each with options to be outfitted with be-spoke parameters of individual business requirements. The commercial spaces are apt for business owners who particularly want to commence ventures like co-working spaces, showrooms, essential stores, and medical centres.
The commercial development is equipped with top-notch facilities such as dedicated parking spaces, extensive lobbies for offices, vibrant and airy workstations, and direct view of the natural landscape, children’s play area, party lawn, gymnasium, multipurpose clubhouse, CCTV, garden area, party lawn, shopping area, and sewage treatment plant. The project’s location, Kadamba Plateau, offers a good connectivity and strong social infrastructure, making it a convenient locality. It is at a 7-minute distance from the Karmali Railway Station and 10minutes away from the Panjim Bus Stand.
The project also has easy access to entertainment hubs like Inox Mall and GMC Stadium at a 15-minute distance, as well as medical institutes like Healthway Hospital, Goa Medical College & Hospital, and Corlim ESI, sited 12 to 14 minutes away. Importantly, there is a presence of financial institutes in the vicinity, some of which include the State Bank of India, Bank of India, and Federal Bank.
Commenting on the launch of Esmeralda Business Square, Mr. Anand Naiknavare, Head of Business Process at Naiknavare Developers, said, “It is truly heartening that we have successfully sold out 60 percent of our recently-launched commercial project, Esmeralda Business Square. I want to take this opportunity to extend my gratitude to all those who have been involved in this project and continue to place faith in us. This project is a continuation of our commitment to deliver state-of-the-art constructions to our valued customers, without compromising on the aspect of quality.”
The company currently has 3.1 million sq. ft. of area under construction and 4.8 million sq. ft of area under planning. They have successfully completed 50+ projects across 5 major cities like Kolhapur, Pune, Navi Mumbai, Goa, and Mumbai.
About Naiknavare Developers
Established in 1986 with a vision to create something that can serve & uplift all strata of society, today Naiknavare Developers has made a name for itself in Pune, Mumbai Goa, Kolhapur and Navi Mumbai’s rapidly growing real estate markets, having built 15+ million sq. ft. in assets. Currently, they have 3.1+ million sq. ft. under construction & 4.8+ million sq. ft. under planning. The three generation entrepreneurial management team is technically qualified in the form of civil engineers, structural engineers, architects and lawyers, bringing a distinct advantage to the value chain in real estate.
Naiknavare Developers aim to design and deliver ‘better living for all’ as a commitment to the diversity of Indian society. Our creative ethos is driven by building successful communities that are not only sustainable from an environmental point of view but also from an operational and legal transition standpoint. They have handheld nearly 70+ such flourishing communities across the western geographies of the country. Adapting to more collaborative business models & quality partnerships has allowed them to focus on execution & strategic expansion of business operations over the past few years.
In the last 37+ years, the enterprise has built a legacy of excellence in residential, commercial, educational, redevelopment as well as hospitality sectors. As part of their core belief of giving back to society, they hold the largest portfolio of slum redevelopment in Pune with an increasing footprint in Mumbai as a mission to uplift urban centers for a better future.
From affordable homes to luxury as well as ultra-premium life spaces, they have delivered better living to 12,000+ families across 5 different cities.
