As per Location
The Shipra Mall-II commercial project is situated at the National Highway-24, Indirapuram, Ghaziabad. It’s 4 sides open corner property, all side are wide roads. It’s surrounding a huge urban rich population.
The Shipra Mall-2 is just walking distance from Sector 62 & Sector 63 Noida. Prominent institutions in the closest proximity such as IMS management college, IMS Law College, JIIT, Indraprastha Academy Of Science & Engineering, Avviare Educational Hub, Jaypee Institute of Information Technology, Noida Institute of Management Studies, Symbiosis Law School, Jaipuria Institute of Management, etc.
The Shipra Mall-2 is properly connected with the main points of Indirapuram, Vaishali, Vasundhara, Sector 62, 63, and Sector 57 of Noida. The Shipra Mall-2 is the center of several posh residential colonies.
The project is properly visible and walkable to nearby residents and easily accessible to several high-rise residential socities such as Shipra Sun City, Gaur Green City, Krishna Apra Garden, and Saya Gold Avenue residents. The project is very well connected to multiple public transportation facilities and other civic facilities.
The Shipra Mall-II is situated in a high-density population area of Indirapuram. There are more than 1.5-Lakh flats and more than a 3-lakh urban rich residential population. Overall Shipra Mall-2 is an excellent location project.
Possession | Construction Update
The Shipra Mall-II is in the pre-launch stage. The project is in the process of RERA registration.
Actual Site Photograph
Advantages | Good Factors
The layout & elevation design of hi-street retail shops is excellent. The project has a wide frontage on the NH-24 Highway. All retail shops are designed for maximum visibility.
There are more than 3-Lakh urban rich residential population surrounding to the Shipra Mall-2 project. It is the only pure commercial property apart from the prestigious and very famous Shipra Mall which is facing towards NH-24 Highway. And that is a very good sign for commercial property investment.
The Shipra Mall-II is one stop shop solution that suits every business from small to mid-sized modern industries who desires perfect retail/showroom/office space for their startup business projects.
The Shipra Mall-II is can be the right choice of investment for those who are looking for ROI in the next year or so. They can get a real appreciation of value for resale in a couple of years.
The Shipra Mall-II has enough parking space for stakeholders and visiting guests.
The Shipra Mall-II is very well connected to the multiple public transportation facilities and other civic facilities. The Sector 62 Noida Metro Stations is just 2-minutes distance from Shipra Mall-2 Indirapuram.
The Shipra Mall-II can be a famous Hot-Spot of Indirapuram after Shipra Mall.
The Shipra Mall-2 is approved by the GDA (Ghaziabad Development Authority), so there is no legal hassle in this project. So there is no doubt that the investment in Shipra Mall-2 commercial project/property is Excellent.
ALSO READ: How to Double Your Money by Investing in Commercial Real Estate
Products & Developer
The Shipra Mall-II is a mixed land use project/property. The project is under developing by the Shipra Group.
Builders Profile | Track Record
 |
|
| PREDECESSOR | Shipra Estates Limited |
| FOUNDED | 1987 |
| FOUNDERS | Harpal Singh |
| KEY PEOPLE | Mohit Singh, Gyanendra Pratap Singh, Ajoy Jaiswal, Gaurav Agarwalla, Deepak Garg |
| COMPANY | PROMOTERS | Shipra |
| PRODUCTS | Apartments, Shopping Malls, Townships, Retail |
| AREA SERVED | Ghaziabad, Noida, Greater Noida, Chandigarh |
| PROJECTS COMPLETED | Shipra Mall |
| PROJECTS ONGOING | Shipra Mall-2 |
| DELIVERY TRACK RECORD | Not satisfactory |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Quality construction & maintenance |
| RISK | Delay possession, the investment can be stuck, long wait |
| DEBT | Yes |
| LITIGATION | No |
| OFFICE ADDRESS | Corporate Office Shipra Mall, 9, Vaibhav Khand, Indirapuram, Ghaziabad, U.P. INDIA – 201014, Tel: +91 – 0120 – 4186300, Email: contact@shipraworld.com |
| BUILDER CATEGORY | SILVER |
Price | Lease Price
The Shipra Mall-2 retail shops price starts from INR Rs 30K per sq ft plus other charges. The price is a little bit high but worthy.
Conclusion
The Shipra Mall-II is good for retail business startups and as well as good for well-established brands.
The investors and retail business startups may get more than 6% per annum returns from their investments.
CPR Ratings
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