As per Location
The Amar Business Zone is situated on the Baner Road, Pune, Maharashtra. It’s a 2-side open corner property with maximum visibility.
Mumbai Pune Expressway is just 1-Km away from Amar Business Zone. Pune airport is just 19-Km away from Amar Business Zone. The Amar Business Zone is properly connected with the main points of Baner & Pune City. The Amar Business Zone is in the center of several posh residential colonies.
The Amar Business Zone is properly visible and walkable to nearby residents and easily accessible to several high-rise residential societies. The project is very well connected to multiple public transportation facilities and other civic facilities.
The Amar Business Zone is situated in a high-density population area of Baner. There are more than 15 thousand flats and more than 45-thousand urban rich residential population adjoined to this Amar Business Zone. And this is a very good sign of commercial property investment.
Prominent institutions, schools are in the closest proximity such as PACE, MITCON Institute of Management, Hindustan Aerospace & Engineering, Educon International School, Kidzee, Asian School of Cyber Laws, etc. Major hotels such as the Orchid Hotel Pune, United 21 The Grand are also in close proximity.
The project is close to several government offices such as Raj Bhavan, Mahalaxmi Nagari Pathsantha, NIA Sub Post Office, JCDA Office, MMRDA office Pune, etc. So can say that Amar Business Zone is an excellent location project.
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | Amar Business Zone – P52100004353 |
| Start/Launch Date | 29-7-2017 |
| Possession Date (Earlier) | December-2021 |
| Possession Date (Revised) | June-2023 |
| Construction Stage | Ongoing |
| Promoters Name | Amar Builders & Developers |
| Architect Name | VOW Architects |
| Construction Company | Amar Builders & Developers |
| Live Updates | |
| COVID-19 Lockdown Status | COVID-19, an event of ‘Force Majeure’. Completion/Possession extended for 6 months for all projects expiring on or after 25.03.2020 by the Government. |
Advantages | Good Factors
The Baner road Pune is a high-density population area and can denser more in upcoming years. There are more than 15-thousand high-rise residential flats and an urban rich residential population of more than 45-thousand peoples surrounding the Amar Business Zone project. Which is a very good sign for commercial property investment.
The layout design of commercial office space is very impressive. The office space is well furnished and perfectly designed for maximum visibility. The commercial office space designed to suit international standards. The project has a proper parking space for stakeholders and visiting guests.
The layout design of retail spaces is also very impressive. The retail space is properly visible from outside roads. Overall the project has a very impressive layout design and elevation.
The ground floor commercial retail shops of Amar Business Zone are perfectly designed for maximum visibility. The ground floor retail shops are good for well established branded showrooms. The investment in the ground floor retail shops is good for retail business startups and for regular rental income.
The Amar Business Zone is properly connected with multiple transportation facilities and other civic facilities. The project is in the central location of several posh residential areas of Baner. And that is also a very good sign for commercial property investment.
The Amar Business Zone is approved by the Pune Development Authority and Maharashtra RERA, so there is no legal hassle in this project.
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS- AMAR BUSINESS ZONE | GRADING |
| Urban Rich Gentry | Middle Class. Residential societies within a radius of 1-Km | A |
| Prime Location | GOLD | A |
| Connectivity | Mumbai Pune Expressway-19-Minutes drive Airport-26.2-Km (Pune International Airport) |
A |
| Layout Design | Highly visible retail, International standards office space | A |
| Multiple Entries | Yes | A |
| Visibility | Highly visible, 2-side open corner property | A |
| High-Density population | More than 15-Thousand Flats and 30-Thousand urban rich people within walking distance and can denser more in upcoming years. | B |
| Youthful Footfall | Yes | A |
| Public Security | Police Station -15-Minute Fire Station 15-Minute |
A |
| Industrial Area | Within 1-Km | A |
| Urban/Civic Facilities | Maximum facilities available | A |
| Developers Credibility | Quality Construction & Maintenace. GOLD standard developer | A |
| Price Comparison | Competitive Price | A |
| Competitors | A few Competitors | A |
| Expected ROI | 5% to 7% Annually | A |
Products & Developer
Amar Business Zone is under developing by the Amar Builders. The project is consists of commercial retail shops, showrooms & commercial office space, etc.
Builders Profile | Track Record
 |
|
| PREDECESSOR | Amar Builders And Developments Private Limited |
| FOUNDED | 1978 |
| FOUNDERS | |
| KEY PEOPLE | Amar Manjrekar, Shubhangi Manjrekar, Hrishikesh Manjrekar |
| COMPANY | PROMOTERS | Amar Builders |
| PRODUCTS | Commercial Offices, Shopping Malls, Retail, IT Parks, Apartments |
| AREA SERVED | Pune, Mumbai |
| PROJECTS COMPLETED | Amar Manor, Amar Prestige Mall, Amar Avinash Corporate City, Amar Apex IT Park, Amar Center, Amar Avinash Corporate Plaza, Amar Saket, Amar Paradigm IT Park, Amar Caliber, Amar Genesis IT Park, Amar Neptune, Amar Megaplex, Amar Synergy, Star Hotel Estique |
| PROJECTS ONGOING | Amar Business Zone, Amar Madhuban Tech Park, Amar Pristine 83, Amar Tech Park |
| PROJECTS UPCOMING | |
| DELIVERY TRACK RECORD | Average |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Quality construction, State of the art projects |
| RISK | Updating soon |
| DEBT | Yes |
| LITIGATION | Updating soon |
| OFFICE ADDRESS | Amar House, Bhandarkar Road, Near Goodluck Chowk, Deccan Gymkhana, Pune – 411 004, Tel: +91-20-25664411 / 2 / ,E-mail : sales@amarbuilders.com |
| BUILDER CATEGORY |
GOLD |
Advice
The Amar Business Zone is can be the right choice of investment for those who are looking for ROI within a couple of years or so. They can get a real appreciation of value for resale in a couple of years.
The development and the construction of the AMZ (Amar Business Zone) project will depend solely on the speed at which the retail shops and office spaces are sold out.
Price | Lease Price
The Amar Business Zone retail and office space price starts from.
| TYPE | CARPET AREA (SqFt) | PRICE (PSF) | |||
| Office | Minimum 2000 | 12500 | |||
| Showrooms | Minimum 4700 | Updating Soon | |||
The price is reasonable for investment.
Conclusion
The Amar Business Zone ground floor retail shops are good for well-established brands & retail business startups. Commercial office space is good for BPO, Software, IT-office setups, back-office support, call centers, etc. After completion, possession of the Amar Business Zone, Baner, Pune, the investors may get a minimum of 6% per annum return if the builder complete this project in the set time frame.
CPR Ratings
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH
