{"id":520,"date":"2017-09-18T05:34:05","date_gmt":"2017-09-18T05:34:05","guid":{"rendered":"http:\/\/www.commercialproperty.review\/?p=520"},"modified":"2026-10-15T15:23:59","modified_gmt":"2026-10-15T15:23:59","slug":"review-investment-in-iconic-corenthum-sector-62-noida-loss-or-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2017\/09\/18\/review-investment-in-iconic-corenthum-sector-62-noida-loss-or-profit\/","title":{"rendered":"Review : Investment in Iconic Corenthum, Sector 62, Noida, Loss or Profit"},"content":{"rendered":"

<\/strong><\/span><\/h3>\n

<\/strong><\/span><\/p>\n

As per Location<\/strong>
\nThe Iconic Corenthum is situated in a very prime location of sector 62 Noida. Its 1 2-side open corner property. The project is just walking distance from NH-24 Highway. The project is at the front of sector 62 Noida metro station.<\/p>\n

Iconic Corenthum is just 5-minutes drive from high-density population areas such as Indirapuram, Vasundhara, and village\u00a0 Chhajarsi. The project is also surrounding by full functional Industrial sectors such as 63, 64, 65, and sector 57 of Noida.<\/p>\n

Sector 62 Noida is an IT\/BPO company\u2019s destination, already several big IT (Information technology) companies and higher educational institutes are working here such as Nuclear Software, IBM, IMS management college, IMS Law College, JP Management college, Noida Expo Center,\u00a0 Airtel, and\u00a0 JIIT, etc.<\/p>\n

Iconic Corenthum is very well connected to multiple public transport facilities and other civic facilities. So can say that the location of the Iconic Corenthum is very prime.<\/p>\n

Possession | Construction Update<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Construction Status<\/strong><\/td>\nUnder Construction<\/td>\n<\/tr>\n
RERA Registration No<\/strong><\/td>\nIconic Corenthum<\/span>–<\/span> UPRERAPRJ10368<\/a><\/span><\/td>\n<\/tr>\n
Launch\/Start Date<\/strong><\/td>\nMarch-2015<\/td>\n<\/tr>\n
Possession Date (RERA)<\/strong><\/span><\/td>\nJune-2020 (Expired)<\/span><\/td>\n<\/tr>\n
Promoters Name<\/strong><\/td>\nBeaver International (India) Private Limited<\/td>\n<\/tr>\n
Construction Stage<\/strong><\/td>\nOngoing<\/td>\n<\/tr>\n
Architect Name<\/strong><\/td>\nHolistics Urban Innovations Private Limited<\/td>\n<\/tr>\n
Land Area<\/strong><\/td>\n4.9421076 Acre<\/td>\n<\/tr>\n
COVID-19 Lockdown Status<\/strong><\/td>\nCOVID-19, an event of ‘Force Majeure’. Completion date extended for 6 months for all projects expiring on or after 25.03.2020 by the Government.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Advantages | Good Factors<\/strong>
\nIconic Corenthum tower is a part of the already developed & functional Corenthum business park and Corenthum is one of the best commercial office space projects in sector 62 Noida. Already several big brands companies are operating their offices in this project since 2010.<\/span><\/p>\n

Iconic Corenthum is properly visible and walkable. The project is very well connected to the main points of Noida and Delhi & Ghaziabad. Iconic Corenthum is just a 15-minutes drive from Domestic Airport (Hindon Airport).<\/span><\/p>\n

Sector 62 Noida is an IT-BPO companies hub. At present,\u00a0 the requirement of good location commercial office spaces is very high, but the supply is very limited. And that is a very good sign for commercial property investment.<\/p>\n

There is no any world-class, commercial office space project available in surrounding areas of Iconic Corenthum such as Indirapuram, Vaishali, Vasundhara, sectors 63, 64, & sector 65 Noida. Which is also a very good sign for investment in Iconic Corenthum.<\/p>\n

\"Iconic<\/p>\n

Products & Developer<\/strong>
\nIconic Corenthum is under development by the Beaver International (India) Private Limited. It is a commercial office space type project.<\/p>\n

Builders Profile<\/strong>
\nBeaver International has a good market reputation in the real estate industry. He has successfully handover several commercial projects in Noida.<\/p>\n

Drawbacks | Bad Factors<\/strong>
\nThe only drawback is that the visitor’s parking is a very big problem in sector 62 Noida and can create more panic in the future.\u00a0<\/span><\/p>\n

The construction and possession of this project depend on the sale of shops\/space so the project may be the delay.<\/span><\/p>\n

Price | Lease Price<\/strong>
\nIconic Corenthum office space price starts at approx:-<\/p>\n\n\n\n\n\n\n
UNIT TYPE<\/td>\nSIZE (Sq Ft)<\/td>\nPRICE (PSF)<\/td>\n<\/tr>\n
Office Space<\/td>\n500-3000<\/td>\n7,850-8000<\/td>\n<\/tr>\n
Other Charges Extra*<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Conclusion<\/strong>
\nThe investment of Iconic Corenthum, commercial office space may get a minimum 6% per annum return after possession. The project is best suited for multinational companies’ office setups.<\/p>\n

<\/strong><\/span><\/h3>\n

<\/strong><\/span><\/p>\n

NOTE:<\/strong> BEFORE INVESTING, DO YOUR OWN RESEARCH<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

That the layout design of Iconic Corenthum tower is world class. The Iconic Corenthum tower is a part of already developed and working the Corenthum Business Park.
\nThe Corenthum is one of the best office space projects in the sector 62 Noida and surrounding localities, already many big brands companies are operating their offices on this project since 2010.
\nThis project the Corenthum is properly visible from NH-24 Highway and very well connected with the main road of sector 62 Noida. So the investment in this project commercial office space is very fruitful.<\/p>\n","protected":false},"author":1,"featured_media":521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[334,308,246,479,309,220,307,221,392,299,376,389,331,310,480],"gp_videos":[],"class_list":["post-520","post","type-post","status-publish","format-standard","has-post-thumbnail","category-review","tag-advice","tag-commercial-office-space","tag-commercial-property","tag-construction-update","tag-corenthum","tag-feedback","tag-iconic-corenthum-review","tag-investment","tag-lease","tag-noida","tag-possession","tag-price","tag-ratings","tag-sector-62","tag-status"],"yoast_head":"\nIconic Corenthum Sector 62 Noida Review: Location & Metro Access<\/title>\n<meta name=\"description\" content=\"Read our Iconic Corenthum Sector 62 Noida review covering corner frontage, nearby metro access, business hubs and surrounding 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