Review : Investment in Gaur World Street, Noida Extension, Loss or Profit

Review

CPR Ratings

Investors Vote
[Total: 38 Average: 2.6]

As per Location
We can see the location of the GAUR WORLD STREET commercial property investment projects with two logical points.
The First One: The Gaur World Street is less than 300-meter away from its own advanced stage under construction commercial projects Gaur City Center & Gaur City Mall. The Gaur World Street, Gaur City Center & Gaur City Mall are almost in the same location.

Newly launched Gaur World Street creating investment competition for his own commercial projects Gaur City Center & Gaur City Mall. Can’t understand the logic behind this. And in this considerateness, the location of the Gaur World Street is not very impressive.

Second One: The Gaur World Street is situated in between the 2-main roundabouts (Kisan Chowk & Buddha Chowk) of Greater Noida West.  And from Kisan Chowk to Buddha Chowk there are more than 10-mega under construction commercial property investment projects. Actually, the Kisan Chowk and Buddha Chowk of Greater Noida West have oversupplied commercial property investment projects.  And in this considerateness, the location of Gaur World Street is not very impressive.

Possession | Construction Update

Construction Status Under Construction
RERA Registration No Gaur World Street- UPRERAPRJ674297
Start Date September-2019
Possession Date September-2027
Construction Stage Primary
Construction Company
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.

 

Fact Check
Actually, Kisan Chowk and Buddha Chowk of the Noida Extension have oversupplied commercial projects. Can say that, at present, this location is already cross the limit of commercial property development. There are more than 10-mega commercial projects exists within a radius of 500-meter such as Gaur City Center, Gaur City Mall, ATS Kabana High, Galaxy Diamond Plaza, Boulevard Walk Mall, Galaxy Blue Sapphire Plaza, AIMS Central Plaza, IDI London Mart,  Mahagun Marina Walk, PKS Town Central, Ufairia Mall, Saya South-X, NX-One, Ocean Golden-i, etc.

REVIEW VIDEO GAUR WORLD STREET

There is a big gap in demand and supply, the supply is very high in comparison to demand. All the above said commercial projects are creating an investment competition at this location. So in the future investors can face very tuff competition in leasing and selling their retail shops and office spaces in all the above commercial projects. And can face more critical conditions in the future. So while investing in all the above-said projects, choose the project which will give possession first.

The Gaur builder is launched Gaur World Street project without completing their own advance stage under construction projects Gaur City Center & Gaur City Mall. Gaur World Street is just 300-meter away from his own commercial projects Gaur City Center & Gaur City Mall, And all these Gaur commercial projects are creating investment competition with each other. So in the future and in the present time, investors can face a very tuff competition in leasing and selling their retail shops and office space in all Gaur projects.

The primary layout design of the lower ground floor, upper ground floor, and the ground floor are not very impressive. The layout design of kiosks & retail shops on the lower ground floor feels congested.

Now the question is that, what’s the logic behind all these oversupply commercials? Is there any limit? Actually, there is no proper planning and re-planning for commercial development by the concerned development authorities Of the Uttar Pradesh government. i.e. Noida Authority (Greater Noida Authority)

ALSO READ: How to Double Your Money by Investing in Commercial Real Estate

How much commercial property is needed and when it is needed the Uttar Pradesh government has no planning. Actually, it’s a System failure and we all are the victims of this pre-planned cheating.

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 are running fine in Ghaziabad, Noida and Greater Noida area such as Shipra Mall, GIP Mall, DLF Mall of India, etc otherwise all other Mall type properties are the investment of 99% loss.

The construction and possession of the project depend on the sale of shops/space so the project may be delay.

Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORS ACTUAL FACTS-GAUR WORLD STREET GRADING
Urban Rich Gentry Lower Middle Class. Within 300-Metter, affordable housing township Gaur City & some other residential group housings B
Connectivity 10-Minute drive from- NH-24, Sector 121 Noida
15-Minute drive from-  Crossings Republik & Village Shahberi.
Nearest Metro Station 25-Minutes (Sector 52)
Domestic Airport-23Km (Hindon Airport)
Ghaziabad Railway Station-16Km
A
Layout Design Not very impressive, Congested layout C
Multiple Entries Yes B
Visibility Properly visible, corner property A
High-Density population Within walking distance more than 10-Thousand Flats and 40-thousand people and can denser more in upcoming years. A
Youthful Footfall No Higher education Institutes B
Public Security Mahila Thana-Ecotech-3, 15-Minute
Police Station -15-Minute
Fire Station 15-Minute
A
Industrial Area Within 3-Km, Ecotech-3, 4, 11, 12 A
Urban/Civic Facilities Maximum facilities available B
Developers Credibility Not very satisfactory B
Price Comparison Higher price in comparison to surrounding commercial projects B
Competitors Within 500-meter radius more than 15 mega commercial projects. Oversupplied commercial location  C
Expected ROI May takes a long time C

 

Advice
These days Developer of Gaur World Street, offering many attractive schemes to customers to invest in this property such as 12% assured return, lease guaranty, and other greedy payment plans.

That builder/project who offers this kind of investment offers is not in the category of secure investment, as our experience most assured return properties are the 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 the assured return to you in the form of EMI. Actually, they are making you fool.

Key Point
The Kisan Chowk and Buddha Chowk of the Noida Extension have oversupplied commercial projects, and this location already crosses the limit of commercial property development. Actually, at present, there is no need for any new commercial property investment project.

We strongly advise avoiding a completely new launch, soft launch, and primary stage under construction commercial projects of the Kisan Chowk & Buddha Chowk of Noida Extension.

This is really very strange, that there are more than 50-Screen/Multiplex proposed at this location of Kisan Chowk & Buddha Chowk of Greater Noida West. Can’t Understand the logic behind 50-Screen/Multiplex for an under developing locality. While if I compare this location to Indirapuram, where only three malls and approx 12-screens. While the Indirapuram is a high-density population area.

Products & Developer
Gaur World Street is under development by Gaursons India Limited (Fastidious Buildmart Private Limited). The Gaur World Street consists of commercial retail shops, kiosks, food courts, multiplex, office spaces, banquets halls, and entertainment facilities, etc. It’s a Mall type property.

Builders profile | Track Record

  Gaur,builders,profile,track record
PREDECESSOR Gaursons India Private Limited
FOUNDED 1995
FOUNDERS Banwari Lal Gaur
KEY PEOPLE Manoj Gaur, Manju Gaur
COMPANY | PROMOTERS Gaur
PRODUCTS Apartments, Villas, Farm Houses, Commercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail
AREA SERVED Ghaziabad, Noida, Greater Noida
PROJECTS COMPLETED Gaur City Mall, Gaur Central Mall-RDC, Gaur Gravity-Indirapuram, Gaur City Galleria-Greater NoidaWest
PROJECTS ONGOING Gaur City Centre, Gaur World Street-Geater Noida West, Gaur Runway Suites-Yamuna Expressway, GYC Galleria-Yamuna Expressway
DELIVERY TRACK RECORD Not very satisfactory
NET WORTH
STRENGTH
COMMITMENT Not very satisfactory
RISK average construction quality, low carpet area
DEBT Yes
LITIGATION  Facing Unfair trade practice charges in Indian courts
OFFICE ADDRESS Gaur Biz Park, Plot No-1, Abhay Khand II,
Indirapuram Ghaziabad – 201014 Phone: 0120 434 33 33
BUILDER CATEGORY SILVER

 

Price Appreciation Track Table Gaur World Street

YEAR PRICE (PSF) APPRECIATION/REMARK
September-2019 Retail Shops-₹23,900
Food Court-₹12,500
Kiosks-₹18,400
Launching Price
August-2020 Retail Shops-₹25,900
Food Court-₹14,00
Kiosks-₹18,400
No Resale
March-2021 Retail Shops-₹25,900
Food Court-₹14,00
Kiosks-₹18,400
March-2022 same as above

 

Gaur World Street Price, Developers DeliveryTrack Record Comparison With Other surrounding Commercial Projects Of Noida Extension 

PROJECT NAME PRICE (PSF) POSSESSION RECORD
Gaur World Street Retail-₹25,900 March-2027
Grandthum Office-₹4,250
Retail-₹17,990
June-2023. All most all the projects delivered on time.
NX-ONE Office-₹5,149
Retail-₹17,990
Delay, possession date revised several times, now December-2024
Gaur City Center Office-
Retail-₹25,900
Delay, possession date revised several times, now January-2024
ATS Kabana High Office-₹6,000
Retail-₹25,000
First mega commercial project by this builder, possession May-2026
Galaxy Diamond Plaza Office-₹6,490
Retail-₹24,000
Ready to move. No special appreciation.
BW Walk Mall Office-₹6,483
Retail-
Delay, possession date revised several times, RERA date has been passed. still no progress.
Galaxy Blue Sapphire Plaza Office-₹6,499
Retail-₹26,000
Delay, possession date revised several times, RERA date has been passed. Now the revised RERA date is July-2021
AIMS Central Plaza Retail-₹23,000 March-2021
Mahagun Marina Walk Office-₹5,990
Retail-₹28,000
December-2025
London Mart Office-
Retail-₹19,990
Delay, possession date revised several times, now phase-1 July-2022
Apex Park Square Retail-₹24,900 The first mega commercial project, May-2022
PKS Town Central Retail-₹26,000-30,000 Delay, possession date revised several times, Now Phase-1 August-2022, Phase-2 August-2023, Phase-3 August-2024
Ufairia Mall Retail-₹16,00-20,000 Delay, possession date revised several times, now December-2024
Saya South X Retail-₹26,500 The first mega commercial project, September-2023
Ocean Golden i Updating Delay, possession date revised several times, now June-2022

 

Conclusion
What is really happening nowadays? residential property is no longer a favorite for investment. Now the builders are trying to pull the investor’s hard-earned money in the name of investment and growth in oversupplied commercial real estate projects by creating the hype. Be careful. Our Advice, for investment, choose the project which will give possession first at this location of Kisan Chowk & Buddha Chowk of Greater Noida West. Avoid completely, new launch commercial projects.

CPR Ratings

Investors Vote
[Total: 38 Average: 2.6]

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7 Comments

  1. plz call

    Reply
  2. The builders are creating hype, the good inventory they are holding, to show all the project is sold. They are creating traders in the market without real investors. The traders block their money for 2-3 months to sell at the profit of 2000-3000 profit. The investors are advised to stay way from as hyped market. The layout is very poor. Very highly priced. The builder takes 50% in the initial stages without doing anything. Guys, full avoid this project.

    Reply
    • Hi,
      Thank you for this genuine feedback. if there is anything more please share again.

      Reply
  3. Nice Builder and this is an amazing Commercial project.

    Reply
  4. Gaur World Street Commercial is now open to booking for esteemed business aspirant and investors

    Reply
    • Noida extension is only because of Gaur city and the only builder that you could trust at this moment.. If you check out CPR review on most of the projects rating and review they too are not accurate… Gaur is the only builder in noida extension that is leading and developing this area, whether commercial or residential..

      Reply
    • I am really looking for suggestions for my hard earned money. Want to invest so please suggest me some good options

      Reply

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