Project Review: The M3M Urbana retail market is situated in the sector 67 Gurugram/Gurgaon. This project is developed by the M3M Group Builders. The M3M Urbana consists of retail commercial shops, food courts and office space. Shops and office space are available in various sizes.
The M3M Urbana is in the services since the year January 2017.
As per Location
The M3M Urbana commercial complex is situated on the 130 ft wide road, surrounded with several ready to move residential societies. Its two sides open corner property. The layout design and elevation of this market is very attractive. This is a much needed market to cater daily needs of nearby residents of sector 65 and sector 67. There are more than three thousand ready to move flats and an urban rich residential population of more than six thousand people, which is very good sign for this commercial property investment.
This commercial market caters to an immediate catchment of a big crowd of the sector 65 and sector 67 and nearby residential societies. It’s truly high street retail open market to cater daily needs of nearby residents. The M3M Urbana is properly visible and walkable to every resident of nearby localities. So can say that the location of the M3M Urbana is excellent.
Advantages | Good Factors
The layout design of this M3M Urbana is world class. This market has a wide frontage. All ground floor commercial retail shops are properly visible and walkable. The M3M Urbana is the ultimate shopping destination for daily needs shopping.
The M3M Urbana is a place where you can spend the leisure time with shopping. There are wide corridors for walking and proper sitting arrangements. There are enough parking spaces in front of the commercial complex. The M3M Urbana is perfectly maintained. So there is no doubt that this commercial property is very good for investment purpose.
The layout design of M3M Urbana commercial office space is also very impressive. The office space is well furnished and designed to cater every business.
This commercial complex is good for retail business startups and also good for small business/ office service startups. It’s a low maintenance property.
At present The M3M Urbana, commercial retail spaces/shops are available for sale and resale at the price INR Rs 20K to INR Rs 22K per sq ft depends on the location and asking price. The office space price is INR Rs 7K per sq ft approx, depends on the floor, location and asking price.
The price is reasonable for investment in commercial retail shops. At present, if anyone invests in the M3M Urbana commercial shops, within 3 years can get a price of INR Rs 30K per sq ft to INR Rs 35K per sq ft expected.
The retail commercial shops of the M3M Urbana now leased at the price INR Rs 80/- per sq ft to INR Rs 100/- per sq ft per month and in future rent value can be the INR Rs 125/- per sq ft to INR Rs 150/- per sq ft per month.
The office space lease price is INR Rs 50/- Per sq ft per month to INR Rs 60/- per sq ft per month. So without any hassle investor can invest here.
If anybody investing in the M3M Urbana retail commercial ground floor shops he may get minimum 6% annual returns.
The builder has a good track record. Our advice that the investment in the M3M Urbana commercial office space and retail shops is safe and avail good returns in near future.