The Shop-cum-Office (SCO) model is revolutionizing the commercial real estate landscape in Gurugram. Blending the best of retail and office spaces, SCO plots offer a unique proposition for both investors and end-users.
What are SCO Plots?
SCO plots are freehold commercial land parcels where owners can build ground-plus-four floors. They typically feature retail shops on lower floors and office spaces on upper levels, creating a vibrant mixed-use environment.
Why the Surge in Demand?
- Ownership Freedom: Unlike mall spaces, SCOs offer land ownership and the flexibility to design and build as per requirements.
- Lower Maintenance: Common area maintenance charges are significantly lower compared to malls or Grade A office parks.
- High Catchment: Most new SCO developments are strategically located near high-density residential sectors, ensuring guaranteed footfall.