Review : Investment in Ubber Mews Gate, Commercial, Mohali, Loss or Profit

As per Location
The Ubber Mews Gate is situated in Kharar Kurali Road, Chandigarh Chintapurni Dharamshala Road Mohali, SAS Naga, district Chandigarh. It’s a 2-side open property with 100% visibility.  The project has a very wide frontage.

The Ubber Mews Gate commercial complex is a part of a posh residential society group housing project Mews Gate. Prominent institutions & schools are in the closest proximity such as AKSIPS, Henderson Jubilee Senior Secondary School, Christen Senior Secondary School, Guru Gobind Singh College of Modern Technology, etc.

The Mohali airport is at a distance of 28.5-KM from Ubber Mews Gater. The project is properly connected with the main points of Mohali City. The Ubber Mews Gate is in the center of several posh residential colonies.

The project is properly visible and walkable to nearby residents and easily accessible to Mews Gate residents. The project is very well connected to multiple public transportation facilities and other civic facilities.

The Ubber Mews Gate is situated in a high-density population area of Mohali.  There are more than 10-thousand flats and more than 30-thousand urban rich residential population. This is a very good sign of commercial property investment.

The project is close to the several government offices such as Sub Divisional Magistrate, Forest Division Office, BSNL, Judicial Court Complex Kharar, post office, Police Station Kharar. So can say that the Ubber Mews Gate has an excellent location project.

Possession | Construction Update
Ubber Mews Gate commercial complex is in the service since the year 2019.

Advantages | Good Factors
The Ubber Mews Gate market has a wide frontage. The layout design of retail spaces is very impressive. The retail space is properly visible from outside roads. All the retail shops of all floors are perfectly designed for maximum visibility.

The project is very well suited for brand retail chains, food chains, and retail business startups. The retail business startups and investors may get a minimum of 6% per annum return from their investments.

Ubber Mews Gate is a Hi-street retail commercial complex. The project has multiple entries and exit points. Multiple entries and exits point attract customers footfall quickly and provide maximum visibility/exposures to every retail area of the project. Which is a very good sign to attract customers footfall quickly.

The layout design of commercial office space is very impressive. The office space is well furnished and designed to cater to every mid-size office setups. The project has a proper parking space for stakeholders and visiting guests.

There is more than 30-thousand  urban rich residential population surrounding the Ubber Mews Gate. It is the only pure commercial property with good amenities in this area of Kharar Kurail Road Mohali. Which is a very good sign for commercial property investment.

The Ubber Mews Gate is approved by the Mohali Development Authority and Punjab RERA, so there is no legal hassle in this project.

Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORS	ACTUAL FACTS-UBBER MEWS GATE	GRADING
Urban Rich Gentry	Middle Class, Lower Middle Class Within walking distance several residential societies & independent houses colonies.	B
Connectivity	Properly connected with multiple transportation facilities. Airport- 28-Km (Chandigarh International Airport)	A
Layout Design	Highly visible retail, very impressive layout	A
Multiple Entries	Yes	A1
Visibility	Highly visible, 2-side open corner property, very wide frontage	A1
High-Density population	Fastest developing locality, more than 50-Thousand residents within walking distance and can denser more in upcoming years.	A
Youthful Footfall	Yes	B
Public Security	Police Station -15-Minute Fire Station 15-Minute	A
Industrial Area	Within 3-Km	A
Urban/Civic Facilities	Maximum facilities available	B
Developers Credibility	SILVER standard Developer.	B
Price Comparison	Reasonable	A
Competitors	A few competitors	B
Expected ROI	6% to 7% Annually	A

 

Advice
The Ubber Mews Gate retail spaces are 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.

At the present scenario, real estate investments have a lot of ups and downs. but this Project is full of vigor and vitality, which makes it the perfect place to enjoy a comfortable, convenient and uncluttered lifestyle.

While there is no doubt that investing in commercial property is a good idea that offers sizeable returns in the long run, but you cannot just invest in any property you come across. You need to be aware of the fine tuning of the market and put in due consideration before putting your hard-earned money in it. It can sink to you or fleet cross it too.

Products & Developer
The Ubber Mews Gate is situated in the Kharar Kuaril Road Mohali. The project is developed by the Ubber Group (Ubber Buildtech Private Limited). The project is consists of commercial retail shops, commercial office space, food courts, and entertainment facilities, etc. The project ensures a proactive approach towards the environment. There are a lot of green spaces amidst buildings and common areas, giving it a remarkable look.

Builders Profile | Track Record

PREDECESSOR	Rpl Infrastructure Developers Private Limited, Ubber Buildtech Private Limited
FOUNDED	2006
FOUNDERS	Harjinder Singh
KEY PEOPLE	Sarjan Singh Rangi
COMPANY | PROMOTERS	Ubber
PRODUCTS	Apartments, Retail
AREA SERVED	Chandigarh-Derabassi
PROJECTS COMPLETED	Ubber Mews Gate
PROJECTS ONGOING
PROJECTS UPCOMING
DELIVERY TRACK RECORD	Average
NET WORTH
STRENGTH
COMMITMENT	Updating soon…
RISK	Updating soon…
DEBT	Updating soon…
LITIGATION	Updating soon…
OFFICE ADDRESS	Head Office: 236, Second Floor, TTT , Zirakpur -Patiala Road , Zirakpur, Phone: +91-9592-333-444, eMail: info@ubbergroup.com
BUILDER CATEGORY	SILVER

 

Price | Lease Price
Ubber Mews Gate retail shop/showroom/office space price starts at approx:-

UNIT TYPE	SIZE (Sq Ft)	PRICE (PSF)	LEASE PRICE (PSF)
Shop/Showroom	400-1200	4000-6000	Updating Soon
Office Space

The price is reasonable for investment.

Conclusion
The Ubber Mews Gate retail shops are good for branded retail stores, fine dining restaurants, grocery stores, unisex beauty parlors, banks, mobile phone stores, etc. The project is also good for low-cost mid-size office setups.

The retail space is good for actual regular rental income. The investors and retail business startups may get a minimum of 6% per annum return from their investments and can grow more in the near future.

CPR Ratings

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH