Lack of space gives rise to multi- utility commercial structures

Jan 29




  • Share this article on Facebook
  • Share this article on Twitter
  • Share this article on Linkedin

This Article gives the idea about the structures and facilities available at major commercial real estate complexes and its pros and cons


Keeping in mind the concerns of the space crunch,Lack of space gives rise to multi- utility commercial structures Articles it has become a trend in the real estate sector to come up with multi- utility commercial properties that offer more than just office spaces. There have been many changes in the way commercial buildings are constructed and office spaces rented out and sold.

The first step in this direction has been taken by the Phoenix Mills Pvt Ltd. As a part of the Phoenix Market city at the Bandra Kurla Complex in Mumbai, the Art Guild House is one of its kind. Being a commercial complex with a difference, the Art Guild House is a landmark where art meets business. The complex has been created to develop plush office spaces ranging from work areas of 900 sq. ft. to 4000 sq. ft. The complex is known as the Art Guild House because for the first time, art has been blended into perfection with real business. A corporate house has been constructed with an inclination towards fine art. The building, conceptualized by Gayatri Ruia, an ardent and famous art lover of the city and Usha Gawde, one of the most famous curators of the city has been given life by architect Sinora Penkar. The marvel created houses some of the best art works by artisans and has a complete floor out of the six levels dedicated to art. Apart from this floor, the lobbies of the other floors that house the office spaces are also adorned with beautiful and intricate artistic work which would undoubtedly leave any visitor mesmerized.

The glass walls that serve as the perfect means of capturing the day light to add to the grandeur of the complex and at night reflect the enchanting lights from the light wells on the ground floor are a feature that is unmatched. Launched in May 2014 and completed in 2015, the Art Guild House has raised the elite quotient of the BKC to another level. The launch itself was a grand event hosted by Atul and Gayatri Ruia and saw many celebrities from B- town along with the niche crowd of the Mumbai corporate circles.

The Art Guild House has been in the news ever since because of its unique nature of being an art gallery as well as a corporate house. Acquiring an office space on rentin premises as such is sure to raise the bar for any business. Also being located in an area that is easily accessible from all corners of Mumbai and has all facilities and amenities available in the vicinity, getting a commercial property on renthere would help businesses cater to a huge public, most of which would be belonging to the posh crowd that reside in and around the central suburbs of the city.