Review : Investment in M3M 65th Avenue, Sector 65, Gurugram, Loss or Profit

The M3M 65th Avenue project is under construction. The new revised promised date of delivery/possession is in the year of June 2024. The previously promised date of delivery was in the year of December-2019. This project is already delayed.
The M3M Builder is not a committed builder in terms of construction and possession. The M3M has the extremely poor record of completing their real estate projects in the set time frame, not even a single real estate project is completed in the set time frame.

Read More »

Review : Investment in Spaze Boulevard, Sector 47, Sohna Road, Gurugram, Loss or Profit

The Spaze Boulevard is good for retail business startups.
Right now if anyone invests in the Spaze Boulevard, ground floor road facing commercial retail shops, definitely he will get minimum 6% per annum return. At present, if you are investing in the Spaze Boulevard, ground floor commercial retail shops, Within 3 year, you can get a price of INR Rs 25K per sq ft to INR Rs 30K per sq ft expected.

Read More »

Review : Investment in Raheja Mall, Sector 47, Sohna Road, Gurugram, Loss or Profit

The Raheja Mall location is prime but in this prime location, several other prime location Mall type commercial properties exist like The ILD Trade Center (ILD Mall ), The Orchid Business Park, The JMD Galleria, The JMD MegaPolis, The Spaze Platinum Tower, and The Spaze Boulevard etc. All above-said projects are in the services for more than five years.
All above-said projects are in same line/location, same products and all are commercial Mall type projects.
All above projects are ready to move. So all these Mall type properties are creating investment competition.

Read More »

Review : Investment in ILD Mall, Sector 47, Sohna Road, Gurugram, Loss or Profit

There is a big gap in demand and supply. The supply is very high in comparison to demand of this same kind of commercial projects/properties in this same location.
So at present, the investors can face problems in leasing and selling their commercial shops and office spaces in all above commercial projects. So we advice while investing in all above properties/project choose wisely.
Mostly, retail shops & office spaces are vacant in The ILD Mall. Many shops are sealed by the MCG (Municipal Corporation of Gurugram) for nonpayment of property tax in ILD Mall & Raheja Mall.

Read More »

Review : Investment in Orris Corinthia, Sector 82A, NH-8, Gurgaon, Loss or Profit

The Sector 82A, 82, 83 and 84 of New Gurgaon is already cross the limit of commercial development. Now there is oversupply of commercial projects. There is no need of any new commercial project in this area. i.e. The Orris Corinthia Mall.
The investment in the Orris Corinthia will take more than 7-10 years to grow. Our advice would be to not invest in this project given the uncertainty surrounding the possession dates.

Read More »

Review : Investment in Ansal Hub 83, Sector-83, Gurugram, Loss or Profit

The Ansal Builder can very well put its customers under huge distress as they have done in their several projects of Delhi-NCR. This builder has developed a reputation for being a big-time delayer. Several residential and commercial projects in the Noida, Greater Noida, Ghaziabad and Gurgaon which was supposed to be completed in 3 to 4 years they take more than 10 years, and some are still far from completion.

Read More »

Review : Investment in V Square 83 Avenue & Oodles Skywalk, Sector 83, Gurugram, Loss or Profit

This is probably the most uncertain query of the entire project. The V Square 83 Avenue & Oodles Skywalk project is under construction. The project was launched/construction started in the year 2013. The promised date of delivery/possession was in the year of December-2017. But the project is still under construction and the possession is undefined, uncertain. However, as of now, the project construction has been moving at a snail’s pace. And to see the present situation we can assume that the V Square 83 Avenue & Oodles Skywalk will hardly complete. This project can be delayed for a couple of more years (or even more).

Read More »

Review : Investment in Raheja Trinity, Dwarka Expressway, Gurugram, Loss or Profit

This is probably the most uncertain query of the entire project. The Raheja Trinity project is under construction. The project construction started in the year 2013. The promised date of delivery/possession was in the year of December-2016. But the project is still under construction and the possession is undefined, uncertain. However, as of now, the project construction has been moving at a snail’s pace or can say that there is no construction activity at the site. And to see the present situation we can assume that the Raheja Trinity will hardly complete. This project can be delayed for a couple of more years (or even more).

Read More »

Review : Investment in Plaza-106, Sector 106, Gurugram, Loss of Profit

The Plaza-106 project is not exactly on the Dwarka Expressway. It is facing towards the Village Daulatabad.
The Plaza-106 project is in the front of a cremation ground. At present, there is no public transport facility for this project. The Plaza 106, is not properly visible and walkable from the Dwarka Expressway. So we can say that the location of the Plaza-106 is not impressive.

Read More »