Review : Investment in Unicon One Place, Baner, Pune, Loss or Profit

Pune

CPR Ratings

As per Location
The Unicon One Place is situated at the Pan Card Club Road Baner Pune Maharashtra. It’s a 2-side open corner property with eye-catching visibility.

Mumbai Pune Expressway is just a 10-minutes distance from One Place. Pune airport is just 19-Km  away from One Place. The project is properly connected with the main points of Baner & Pune City. The Unicone One Place is in the center of several posh residential colonies.

The One Place 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.

One Place 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 populations adjoined to this Unicon One Place. 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 JW Marriot Hotel, Courtyard Marriot are also in close proximity.

The project is close to several government offices such as PMC Property Tax Office Baner, Income Tax PAN Services Unit, MMRDA office Pune, etc. So can say that Unicon One Place is an excellent location project.

Possession | Construction Update
The Unicon  One Place is under construction.  The Project is divided into 2-phases. The promised date of delivery of all phases, according to RERA is in the year of December-2023. RERA Registration No.  P52100019584   P52100019578

Advantages | Good Factors
New Unicone One Place is the central location of several multinational companies and residential group housing societies such as Athashri, Welworth Paradise, Mirabel, 24K Sereno, Pride Platinum, Relicon Alpine Ridge,  Sterling Towers, Rohan Seher, Yash Twin Towers, etc. There are more than 15-thousand flats and an urban rich population of more than 30-thousand people. And that is a very good sign for commercial property investment.

The layout design of IT-office space is very impressive. The office space is well furnished and perfectly designed for maximum visibility. The IT-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 Unicon One Place are perfectly designed for maximum visibility. The ground floor retail shops are good for well established branded showrooms and restaurants. The investment in the ground floor retail shops is good for retail business startups and for regular rental income.

One Place is properly connected with multiple public transportation facilities and other civic facilities. Which is also a very good sign for commercial property investment.

The project 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- UNICON ONE PLACE GRADING
Urban Rich Gentry Middle Class. Residential societies within a radius of 500-Meter-Athashri, Welworth Paradise, Mirabel, 24K Sereno, Pride Platinum, Relicon Alpine Ridge,  Sterling Towers, Rohan Seher, Yash Twin Towers, etc A
Prime Location GOLD A
Connectivity Mumbai Pune bypass-7-Minutes drive
Airport-19.2-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 10-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 2-Km A
Urban/Civic Facilities Maximum facilities available A
Developers Credibility Quality Construction & Maintenace. SILVER standard developer B
Price Comparison Competitive Price A
Competitors A few Competitors A
Expected ROI 4% to 6% Annually A

 

Products & Developer
Unicon One Place is under developing by the MBPL Group Pune  (New Unicon Infraventures LLP). The project is consists of commercial retail shops, showrooms & IT-office spaces, etc.

Builders Profile | Track Record

  MBPL developers, builder,profile, track record, expert,views
PREDECESSOR Mittal Brothers Private Limited
FOUNDED 1993
FOUNDERS Sanwarmal Datturam Mittal
KEY PEOPLE Dwarka Prasad Mittal, Dilipkumar Dwarkaprasad Mittal, Sunil Girdharilal Mittal
COMPANY | PROMOTERS MBPL
PRODUCTS Commercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail, Apartments
AREA SERVED Pune
PROJECTS COMPLETED Zen Business Centre-Wakad, Pratibimba-Shukrwar Peth
Diagonal-Pcmc
PROJECTS ONGOING One Place-Baner, One Place-FC Road, One Place-Wanowrie
PROJECTS UPCOMING  
DELIVERY TRACK RECORD Not very satisfactory
NET WORTH
STRENGTH
COMMITMENT Budget Housing
RISK Updating soon..
DEBT Yes
LITIGATION  No case in the Indian courts
OFFICE ADDRESS Address: 1st Floor, Dealing Chambers, Near Sai service station, JM Road, Pune.
Phone : 020 2553 5050, eMail : info@mittalbrothers.com
BUILDER CATEGORY
SILVER

 

Advice
Unicon One Place is best suited if you can hold your investment until completion possession of the project.

Price | Lease Price
The Unicone One Place retail shops and office space price start at approx:-

UNIT TYPE SIZE (Sq Ft) PRICE 
Retail Shops 500-5000 50/- Lakh -1.14/- Cr
Office Space 500-5000 50/- Lakh -1.14/- Cr

 

Conclusion
One Place ground floor retail shops are good for well-established brands & retail business startups. IT-office space is good for BPO, Software, IT-office setups, back-office support, call centers, etc. After completion, possession of the Unicon  One Place, 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

Investors Vote
[Total: 3 Average: 3]

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