Review : Investment in Sushma Capital, Zirakpur, Chandigarh, Loss or Profit

Chandigarh

CPR Ratings

Investors Vote
[Total: 7 Average: 4]

As per Location
The SUSHMA CAPITAL  is situated in the Dhakoli sector 20 Panchkula, Zirakpur district Chandigarh.  It’s a 3-side open corner property. The project has a very wide frontage & very impressive layout design. The beauty of this project is that this project has direct excess from 4-ways.

The Sushma Capital is the top-most visible project of  Saanch Road & Peer Muchalla Road. The project is 100% visible and walkable for Kishanpura, Dhakoli, & sector 20 residents. The project is very well connected to multiple public transportation facilities and other civic facilities.

The Sushma Capital just 1.8-Km away from Zirakpur-Panchkula-Kalka-Highway (NH-7)  and very well connected with the main points of Zirakpur & Panchkula. Major schools and institutions are in close proximity.

The Sushma Capital caters to an immediate catchment of a big crowd of the sector Dhakoli and Kishanpura. It’s a truly high street retail open market to cater to all kinds of shopping, fine dining, fun, entertainment, and business needs of nearby residents. The project is easily approachable for nearby localities.  So can say that Sushma Capital is an excellent location property.

Possession | Construction Update

Construction Status Under Construction
RERA Registration No Sushma Capital – PBRERA-SAS79-PC0091
Launch/Start Date 15-February-2019
Earlier Possession ?
Possession Date (RERA) 14-February-2024
Promoters Name Sushma Group (Towncity Realtors Private Limited)
Construction Stage ?
Construction Company Mr. Rakesh Kumar Verma (RV Constructions)
Architect Name Mr. Vijay Kataria
Land Area 5.1652892562 Acre
Total No of Parkings ?
COVID-19 Lockdown Status COVID-19, an event of ‘Force Majeure’. Completion date extended for 6 months for all projects expiring on or after 25.03.2020 by the Government.

 

Advantages | Good Factors
Sushma Capital has multiple entries and exit points. Multiple entries and exits point attract customer’s footfall quickly and provide maximum visibility/exposures to every retail area of the project. Which is a very good sign to attract customer’s footfall quickly.

The retail space is perfectly designed for maximum visibility. Maximum retail shops are properly visible. The project is full of vigor and vitality. The project is very well suited for branded retail chains, food chains, showrooms, banks,  fine dining restaurants, bars, jewelry showrooms, etc.  The retail business startups and investors may get a minimum of 6% per annum return from their investments. (View Approved Layout)

The Sushma Capital is all surrounding with several high-density ready to move and under construction residential group housing societies such as Sushma Urban Views, Sushma Crescent, Sushma elite Cross,  Golden Sand Apartments, Galaxy Greens, Wellington Estate, Orvis Grand, Balaji Towers, BCL Chinar Homes, Green Valley Heights, The Manav Hut, Trishla Plus Homes, Maa Shakti CGHS, etc . And that is a very good sign for commercial property investment.

SUSHMA CAPITAL is right in the middle of high-density population area of Dhakoli & Kishanpura and can denser more in upcoming years. There is a huge urban rich residential population.  There are more than 40-thousand flats and more than 1-Lakh residential population. And which is a very good sign for commercial property investment i.e. Sushma Capital.

The elevation and layout design of the Sushma Capital is to enchant the mind. The project has wide corridors with proper sittings arrangements. The architecture of the project attracts customers footfall. Every retail shop is designed for maximum visibility. All the retail shops are properly walk-able for visiting guests. Overall the Sushma Capital has the finest layout design.

Sushma Capital is very well connected to multiple public transportation facilities and other civic facilities. The project has a proper parking space for stakeholders and visiting guests. Which is also another very good sign for commercial property investment.

The biggest plus point of Sushma Capital is that this is the only mega commercial project in this are of Dhakoli & Kishanpura. There is no other competitor for the Sushma Capital. Which is also a very good sign for commercial property investment

Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORS ACTUAL FACTS-SUSHMA CAPITAL GRADING
Urban Rich Gentry Middle Class. Several residential societies within walking distance- Sushma Urban Views, Sushma Crescent, Sushma elite Cross,  Golden Sand Apartments, Galaxy Greens, Wellington Estate, Orvis Grand, Balaji Towers, BCL Chinar Homes, Green Valley Heights, The Manav Hut, Trishla Plus Homes, Maa Shakti CGHS, etc A
Connectivity Properly connected with multiple public transportations.
Airport-18.6Km (Chandigarh International Airport)
A
Layout Design Grand ceiling heights, wide corridors, proper sitting & walking arrangements, highly visible retail, International standards office space A
Multiple Entries Yes A
Visibility Highly visible, 3-side open corner property, very wide frontage A
High-Density population More than 25-Thousand Flats and 1-Lakh urban rich people within walking distance and can denser more in upcoming years. A
Youthful Footfall Yes A
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 Quality Construction. GOLD standard Developer A
Price Comparison Little bit high A
Competitors No Competitors A1
Expected ROI 6% to 7% Annually A

 

Drawbacks | Bad Factors
These days developers of the Sushma Capital, offering some attractive schemes to customers to invest in this project, like the 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.

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

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 | Advice
The development and the construction of the SUSHMA CAPITAL project will depend solely on the speed at which the retail shops, office spaces, and serviced apartments are sold out.

It is better to slash the price and go for without assured return payment plan. Actually, Assured Return plan is a trick of fundraising.

Products & Developer
The Sushma Capital commercial project is under development by the Sushma group (Towncity Realtors Private Limited).  This project consists of commercial retail shops, showrooms, etc.

Builders Profile | Track Record

  Sushma,builders,profile,track record
PREDECESSOR Sushma Buildtech Limited
FOUNDED 2005
FOUNDERS Bindar Pal Mittal
KEY PEOPLE Bharat Mittal, Prateek Mittal
COMPANY | PROMOTERS Sushma
AREA SERVED Chandigarh
PRODUCTS Commercial offices, Apartments, Shopping Malls, Villas, Hotels, Leisure & Hospitality, Retail
PROJECTS ONGOING Sushma Capital, Sushma Infinium
PROJECTS COMPLETED Sushma Urban Plaza, Sushma Atrium
DELIVERY TRACK RECORD Good
NET WORTH
STRENGTH
COMMITMENT Quality construction
RISK Updating soon…
DEBT Updating soon…
LITIGATION  Facing unfair trade practice charges in Indian courts
OFFICE ADDRESS Unit No. B-107,
Business Complex at Elante Mall, 1st Floor, Industrial Area, Phase – 1, Chandigarh (U.T.), INDIA, Sales:- 7307980092, Customer Support:- 8860054024, Head Office:- +91-172-4610092
BUILDER CATEGORY GOLD

The Sushma builder has a good market reputation in Chandigarh real estate industry. He has successfully delivered several residential and commercial projects in Punjab.

Price | Lease Price | Price List
At present, Sushma Capital retail commercial shops, showrooms price starts at approx:-

UNIT TYPE SIZE (Sq Ft) PRICE
Retail Shop 24/- Lakh


Conclusion

The SUSHMA CAPITAL  property is best suited if you are willing to hold your investment until completion/possession of the project.  After completion possession of Sushma Capital, investors may get a minimum of 6% per annum returns if the project is completed in the set time frame.

Overall, Sushma Capital is a good project for investment if you don’t trap in the assured return deals & lease guaranty payment plans. Without assured return, CLP payment plan is better for investment.

CPR Ratings

Investors Vote
[Total: 7 Average: 4]

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