Project Review : The Alphathum, is situated in the sector 90, Noida. This project is under developing by the Bhutani Infra Group. This project is consist of Commercial Retail shops, commercial office space, IT-office space etc. It’s a Mall type property.
Possession | Construction Update
The Alphathum project is under construction. The promised date of delivery/possession is in the year of December 2019. However, as of now, the project construction has been slow down day by day and more work to be done on or before December 2019. The project may be the delay for more couple of years.
As per Location
The Alphathum is located at 120 ft wide road of the sector 90, Noida. The beauty of this project is that this project is very close to the residential sector 137 Noida. This property/project is very well connected to the Noida Expressway and upcoming sector 142 Noida metro station. So can say the location of the Alphathum is very prime. Google Route Map – Alphathum
Advantages | Good Factors
The residential sector 137, Noida is adjoined to the Alphathum and which is a high-density population area. There is a huge urban rich residential population which is very good sign for commercial property investment.
The Alphathum is properly visible to all passers from connecting roads of the sector 137, 142, 90 and Noida Expressway. There are several urban rich residential societies like the Exotica Fresco, The Logix Blossom County, The Paras Tierea, The Supertech Ecociti, The Paramount Floraville, The Purvanchal Royal Park, The Ajnara Daffodil, The Gulshan Vivante, The Supertech Eco Suites, The Subhkamna Tech-Homes, and Ajnara Element etc. These residential societies have more than 10 thousand flats and a population of more than 50 thousand people which is also a very good sign of investment in Alphathum.
The layout design of commercial office space is also very impressive. The office space is well furnished and designed to cater to every business. The project has the proper parking space for stakeholders and visiting guests. The overall layout design of Alphathum is excellent.
The Alphathum project builder offered the world largest rooftop infinity pool with a zen garden, jogging track, restaurant, and gym. According to builder building created in sync with climate responsiveness.
The innovative features of this project are three levels of basement parking and two level of ground parking and integrated business centers.
The Noida Greater Noda Expressway is an IT BPO companies destination.
The biggest plus point of this project is that this is the only centralized air-condition commercial retail Mall, type project in this area that caters more than 50 thousand residents of the sector 137 Noida. And there is no any other competitor of the Alphathum project in this area.
This project is very well connected to all type of public transport facilities and other civic facilities.
The Sector 137 & sector 142 Noida metro station is the closest to this project at a distance of about 500 meters from ALPHATHUM. This is the only Mall/Retail/Fun & Entertainment/IT-office space project in this area, which is very close to the Noida Expressway, It is a just 10-minute distance from the DND Flyway.
The Bhutani builder has a good market reputation in the real estate industry. He has successfully delivered i-THUM, IT-Office space project in sector 62 Noida.
REVIEW VIDEO ALPHATHUM
Key Point | Advice
These days developer of the Alphathum project offering buyers so many interesting payments plans to invest in this project/property, commercial retail shops, and office spaces, like the 12% assured return, lease guaranty, and the 50-50 payment plans etc.
That builder/project who offer this kind of investment offers is not in the category of secure investment. As our experience most assured return and lease guaranty properties are an investment of loss.
Do not put your hard earned money in the builder’s seduction, assured return & lease guaranty properties are always an investment of risk. So invest wisely.
Basically, the assured return & lease guaranty is nothing, the real estate developers sell their low money property at a very higher price and return your hard earned money in the name of assured return and lease guaranty to you in the form of EMI. Actually, they are making you fool.
This property is best suited if you are willing to hold onto a longer term for returns as it would take a couple of more years and the market to appreciate in the locality. As for the location of the property is concerned it is a prime locality with all required amenities located within 1-2 KM. And this is subjected to the completion of this project on the set time, in the year 2019.
It is probably not the right choice of investment for those who are looking for ROI in the next year or so.
There may not be a real appreciation of value for resale in the next couple of year. In fact, investors who are trying to make a re-sale of their property in the Alphathum hardly get any client. The resale is not yet to start.
The maximum Mall or Mall type properties are not the good and safe investment options in the Ghaziabad, Noida and Greater Noida area. The maximum investors who invested in Mall type properties are in 99% loss.
Actually, only a few Malls is running fine in Ghaziabad, Noida and Greater Noida area, like The Shipra Mall, The GIP Mall, The DLF Mall of India etc otherwise all other Mall type properties are the investment of 99% loss.
But to see the excellent location of this project, we can hope that this project will perform very well.
Drawbacks | Bad Factors
Bhutani builder has been developed only two real estate projects till date; one is iThum, Noida, and the second is World Square Mall, Ghaziabad. The iThum project was a joint venture of 3 experienced builders (Mr. Ashok Choudhary, Sandeep Sahni & Prem Bhutani). Actually, only World Square Mall is originally developed by Bhutani Group. And the World Square Mall (WSM) is a dirty location, dirtily maintained and low construction quality project.
The 9 out of 10 real estate developers are bad in the Noida. Where many big brands defaulter, the question of the unknown is always at risk.
In the current real estate scenario, we find that a large number of real estate developers diminishing from the market with more regulatory in place.
The prices won’t very much hike at least for a couple of years because of the huge unsold commercial property on the Noida Expressway.
Price | Lease Price
At Present the Alphathum office space is for sale and resale at the price INR Rs. 5K per sq ft to INR Rs 5.5K per sq ft plus other charges.
The price is reasonable for investment in this type of good property. All investments in the Alphathum is excellent and gives very good returns in near future.
This property the Alphathum is good for business startups.
At present, if anyone invests in the Alphathum he may get minimum 4 to 5% per annum return if the developer complete this project in the set time frame.
So we advice that investment of the Alphathum, office space and commercial retail shops is safe and avail good returns in near future.
CPR Ratings * * *
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH