Category: Marvel Properties

Marvel Properties > Marvel Properties
Sagar Alagundagi

Property Investors: Here’s Your Golden Chance with Marvel ECRON

The real estate market is brimming with opportunities, and savvy investors are always on the lookout for the next big thing. If you’re looking to leap into the big league of office space investors, it’s time to think beyond Bengaluru. Hubballi, the commercial hub of North Karnataka, offers an unparalleled investment opportunity with Marvel ECRON—a RERA-approved Grade A commercial property that is set to redefine the commercial real estate landscape.


8 reasons that will swing your decision in favour of Marvel ECRON

Marvel ECRON is not just another commercial property; it is a landmark development that stands out for several compelling reasons. Here’s why you should consider investing in Marvel ECRON:

  1. First and Only Grade A Property in North Karnataka: Marvel ECRON holds the distinction of being the first and only Grade A commercial property in North Karnataka. This exclusivity not only ensures premium quality and amenities but also positions it as a prestigious address for businesses looking to establish a strong presence in the region.
  1. Proximity to Airport: Located just 4 kilometers from the airport, Marvel ECRON offers excellent connectivity, making it an attractive option for national and international businesses. The ease of access enhances its appeal for companies that require frequent travel and logistical convenience.
  1. RERA Approved: Investing in a RERA-approved property means you are assured of transparency, accountability, and timely delivery. RERA approval instills confidence among investors by ensuring that the project adheres to all legal and regulatory standards.
  1. Impressive Growth Rate: Marvel ECRON has demonstrated a remarkable growth rate of 64% within just three years of its launch. This impressive appreciation underscores the property’s potential for high returns and makes it a lucrative investment opportunity.
  1. High Sales Velocity: With 70% of the property already sold out, Marvel ECRON is in high demand. This rapid sales velocity is a testament to its attractiveness and the confidence that buyers have in the project’s value and future prospects.
  1. Completed Structural Aspect: Structural Aspect is 100% completed stepping into the finishes stage, in no time, Marvel ECRON will be ready for occupancy. This eliminates the waiting period and allows investors to start earning returns right away.
  1. Attractive Annual Yield: With an estimated annual yield of 7-8%, Marvel ECRON offers a stable and attractive return on investment. This yield is particularly appealing in comparison to other investment avenues, providing a steady income stream for investors.
  1. Strong Leasing Prospects: Marvel ECRON’s likely tenants include a mix of start-ups, MNCs, IT/ITeS companies, fintech firms, and co-working spaces. These contracts are nearing finalization, ensuring a diverse and robust tenant base that adds to the property’s long-term viability and profitability.

But why go beyond Bengaluru and invest in Hubballi

Marvel Ecron, a RERA-approved Grade A building with the right tech specs plus green concepts is designed to cater start-ups and MNCs, specifically IT/ITeS companies.

How ill IT/ITeS entities benefit with offices in Hubli?

Hubballi, often overshadowed by the IT hub of Bengaluru, is emerging as a commercial powerhouse in its own right. Here are a few reasons why Hubballi is an ideal location for commercial real estate investment:

  1. Strategic Location: Hubballi, a smart city is strategically located, serving as a gateway to major cities in North Karnataka and beyond. Its well-developed infrastructure supports robust connectivity through road, rail, and air.
  2. Growing Economy: The economic landscape of Hubballi is rapidly evolving, with significant investments in various sectors, including IT, manufacturing, and services. This economic growth is driving demand for quality commercial spaces.
  3. Educational and Skill Hub: Hubballi is home to several educational institutions, fostering a skilled workforce that attracts businesses. The presence of educational institutions also ensures a continuous influx of young talent.
  4. Government Support: Policies and incentives are in place to attract businesses and investors to Hubballi. Case in point – Hubballi is amongst the 3 cities identified by Govt. of Karnataka to lead its Beyond Bengaluru initiative, which aims to boost IT/ITeS Sector penetration in tier 2 cities.

    Marvel ECRON in Hubballi represents a golden opportunity for property investors. Its unique position as the first and only Grade A property in North Karnataka, combined with impressive growth, high demand, and strong leasing prospects, makes it a standout investment. By thinking beyond Bengaluru and exploring the potential of Hubballi, investors can tap into a market that is poised for significant growth and returns. Seize this opportunity to invest in Marvel ECRON and watch your wealth rise. Don’t miss out on this chance to be part of a revolutionary commercial property in the heart of North Karnataka.
marvel

Lost amidst 80% OFF, 50% OFF…? Invest your 100% time into this

It is that time of the year when online SALE frenzy compels even the passive shopper to get hooked to online shopping portals. Well, there is nothing wrong to shop for the best deal. After all, who doesn’t love getting what they have longed for long for less.


We wish that you don’t get blinded by the SALE and miss the real deal. In this case, whether you are an amateur or a pro investor, Guaranteed Monthly Rentals for 2 years is indeed unmissable. Make the most of Guaranteed Monthly Rentals offering with Marvel ECRON, North Karnataka’s first ever Grade A Building.

Why investing not buying matters during OFFERS frenzy?

Here’s something unmissable – the SALE comes almost every year. So even if you miss this year, there’s one coming the next. Also, you have some discount or the other campaign almost every month. So, there is not much to lose. But if you look at investing, something like Marvel ECRON, Hubli, you will enjoy guaranteed monthly income for 2 years plus you will own an asset. Isn’t that much better than owning items for sheer indulgence?   

Let’s explore a little more to understand why it matters to invest in Marvel ECRON now.
When you invest in Marvel ECRON in Hubballi, North Karnataka’s first ever Grade A building, you will be amongst the first few to benefit from Govt. of Karnataka’s (GoK) unique initiative Beyond Bengaluru.

Why Hubballi will witness exponential growth in the near future? 

Because GoK’s #BeyondBengaluru initiative is set to boost IT/ITeS sector + employment creation in tier 2 cities of Karnataka by 2025. And Hubballi is amongst the 3 cities identified to lead the initiative.

 

Why IT/ITeS entities are likely to consider Hubli?

  1. Amongst the 3 cities to lead the GoK’s #BeyondBengaluru initiative.
  2. Home to premier engg. colleges, including the famed IIT/IIIT.
  3. Churning 5000 graduates a year, the talent supply is huge.
  4. The airport, soon-to-be upgraded to international status, is the largest after Bangalore and Mangalore in the state.

Why IT/ITeS entities will find Marvel ECRON the most apt address in Hubli?
Marvel Ecron, a RERA-approved Grade A building with the right tech specs plus green concepts is designed to cater start-ups and MNCs, specifically IT/ITeS companies.

How ill IT/ITeS entities benefit with offices in Hubli? As per the IT Policy 2020-25, a plethora of benefits/incentives await IT/ITeS industry looking to start/expand operations to Hubli. Some of the benefits/incentives are listed below:
  1. Financial support of upto 20% – 33% of Fixed Investment for Infrastructure (excluding the cost of land).
  2. Lease/Rental Reimbursement @ the rate of INR 10 per sq. ft. / INR 1000 per seat.
  3. 75% Stamp Duty Exemption.
  4. 50% Quality Certification Reimbursement.
  5. 30% Marketing Cost Reimbursement.
  6. PF/ESI Reimbursement for 2 years for all new employment.
  7. Patents Cost Reimbursement of INR 2 – 10 lakhs.
  8. R&D Support of upto INR 1 crore.
  9. Tailor-made incentives on a case-to-case basis for Mega Projects/ Enterprises.
  10. Industrial power tariff instead of Commercial power tariff.
Smart Investors have an uncanny ability to spot something afar. 31 smart investors have already made the move with Marvel ECRON in Hubballi, North Karnataka’s first ever Grade A Building. After all, Guaranteed Monthly Income is an irresistible assurance. But Hurry! #GuaranteedRentals last for Limited Bookings only! Visit https://marvelecron.co.in/
Beyond Bengaluru
marvel

Beyond Bengaluru: Why Hubballi is the next #1 technology destination?

Hubballi, in recent times has emerged as an interesting melting pot where the old and new promises to blend in a heady concoction. Traditionally known as Chotta Mumbai because of the generations of business families and traders operating from this hub in North Karnataka, Hubballi has emerged as a promising technology destination, primarily due to the availability of a widening talent pool.

Here are 5 reasons why Hubballi is likely to emerge as a favored destination for international companies to set up Global Capability Centres.

Location, location, location

Try searching for Hubballi on Google Maps reveals a stunning geographical statistic. This city is almost perfectly equidistant from Hyderabad (561 kms) and Mumbai (571 kms) and comparable with Bengaluru (410 kms) and Pune (429 kms). This makes it an overnight bus or train journey from these major cities. Now consider this. Combined with the fractional costs of real estate and operations as compared to these big cities, this location emerges as a major advantage.

Hubli Location
A rich talent pool

There are plenty of local colleges that are producing top tech talent – IIIT Hubballi, IIT Dharwad. Goa is also close by with business and management colleges – BITS. This makes available a wide range of technology and business talent in Hubballi.

IIT Dharwad
Cost of operations

This is the icing on the proverbial cake. With costs of operations zooming in cities like Mumbai, Bengaluru, and Hyderabad, companies will be forced to look at options to ensure business continuity at lower costs. Hubballi offers great options for fintech companies to look beyond BKC in Mumbai and for BPO companies to look beyond Chennai and Hyderabad. The local pool of BBA and MBA students is ideal and ready to be trained for these sectors. The tech talent pool is also emerging rapidly with the likes of Deshpande Startups setting up India’s largest Incubation Centre in Hubballi.

deshpande foundation hubli
Government focus – Beyond Bengaluru

In a recent inauguration of Marvel Ecron, Honorable Deputy CM, Dr. Ashwath Narayan expressed happiness over a landmark like this coming up in Hubballi, especially in the context of the Beyond Bengaluru program launched by the Government of Karnataka. According to Dr. Narayan, “The time is now conducive to go beyond Bengaluru because of the migration triggered by the pandemic”. 

 

The Beyond Bengaluru initiative launched by the Government of Karnataka is sure to get traction once the pandemic subsides and large multinationals look for options in Karnataka Beyond Bengaluru. 

Beyond Bengaluru
Grade A office availability

With rising local commercial developers like Marvel Properties investing significantly in creating better infrastructure, the Grade A office scene in Hubballi has never looked better. Take Marvel Ecron for example, a Grade A office and retail center totaling over 2.5 lakh SFT, merely 10 minutes away from Hubballi Airport. This has the potential to transform the technology eco-system of Hubballi the same way, the International Tech Park, Whitefield did for Bengaluru way back in 2000. 

Marvel Ecron

This particular building is packed with features:

  • 2.5 Lakh SFT building with 12 floors
  • Premium retail on the lower floors
  • Grade A offices on the higher floors
  • Advanced safety and green features
  • 100% powered by solar plants, means less operational costs
  • Provision for 400+ cars in MLCP with electric charging points

Besides this, Hubballi is seeing rapid emergence of tech campuses that are being set up by tech majors such as Infosys.

Hubballi is a city, whose time has certainly arrived.
marvel

Marvel Facades

This strategy cools the thermal mass in the building during night hours and reduces the overall cooling load during the next day. On the other hand, if the building is in a heating mode, the envelope needs to be designed with appropriate glazing selection, coupled with shading strategy, to enhance solar heat gains during the daytime. Therefore, in practice, the architects and building designers need to integrate and balance these varying requirement considerations while designing an energy-efficient building. (Amrit Raj Thakur, Dy. Manager, Central Procurement, Lodha Group)

The Design considerations and methodologies based on NBC:

While selecting glass and glazing systems, following design considerations and methodologies based on NBC need to be followed to ensure the right use of glass and glazing systems.

1. General considerations – basic considerations must be given appropriate importance at the planning stage to achieve proper selection and design of glass in building façades. They are:

a. location
b. climatic zone
c. orientation
d. building details
e. natural ventilation

2. Considerations of safety and structural aspects – Considering all types of loads

3. Considerations for energy efficiency

4. Considerations for acoustical comfort