Review : Investment in Gaur City Center, Noida Extension, Loss or Profit

As per Location

The Gaur City Center is located near the Kishan chowk with the upcoming Metro Station of the Noida Extension (Greater Noida West). It is also located on the entry side 130 ft wide road of the Noida Extension. The Gaur City Center, connecting to the residential township Gaur City and Amrapali Golf Homes, etc.

The Gaur City Center is 100% visible, and walkable to passers from Gaur city township, NH-24 Highway, Crossings Republik  & the Village Shahberi. So can say that the location of the Gaur City Mall is Excellent.

Possession | Construction Update

Fact Check

The Kisan Chowk and Buddha Chowk of the Noida Extension have oversupplied commercial projects.

It is a fact, Gaur City Center is a prime location project but in this prime location, several other prime location Mall type properties also exist such as Gaur City Mall, ATS Kabana High, Galaxy Diamond Plaza, Boulevard Walk Mall, Galaxy Blue Sapphire Plaza, Central Plaza, Gaur World Street, Mahagun Marina Walk, IDI London Mart, Apex Park Square, PKS Town Central, Ufairia Mall, Saya South-X, NX-One, Ocean Golden- i, etc.

All the above-said projects are within a 500-meter radius. So all these projects are creating investment competitions at this location. There is a very big gap between demand and supply. The supply is very high in comparison to the demand for these same types of commercial products/projects/properties at this location of the Noida Extension.

All the above said commercial projects are creating an investment competition at this location. So the investors can face problems in leasing and selling their retail shops, office spaces, studio apartments, serviced apartments, etc. And can face more critical conditions in the future.

The Maximum Mall or Mall type properties are not 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 is running fine in Ghaziabad, Noida, and the 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.

Products & Developer

The Gaur City Center is situated in the Noida Extension (Greater Noida West). These projects are under development by Gaursons Hi-Tech Infrastructure Private Limited. It’s a commercial project/property. The Gaur City Center, Noida extension consists of commercial retail shops, office spaces, movie theaters, banquets halls, services apartments, studio apartments, and entertainment facilities. The Gaur City Mall, retail shops, and office space are available in various sizes.

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

Key Point

If construction/possession of the Gaur City Center is completed in the set time frame or before a set time frame or before other surrounding commercial projects of this location, than this commercial project may give excellent returns to investors because at present there is no ready-to-move mega commercial project at this location of Kisan Chowk, (Gaur Chowk) Noida Extension (Greater Noida West) to cater shopping, entertainment and other retail needs for nearby residents.

Advice

The Gaur City Centre is probably not the right choice of investment for those who are looking for ROI in the next year or so. Given the doubts surrounding the possession date, there may not be a real appreciation of value for resale in a year. In fact, investors who are trying to make a sale of their property in the Gaur City Centre are now struggling to reach their initial investment. Despite having brought their prices down, there aren’t any takers to buy these properties.

Gaur City Center Price & Developers Delivery Track Record Comparison With Other surrounding Commercial Projects Of Noida Extension

Conclusion

The price is already on the very higher side and there is hardly any chance of early growth. The investment of Gaur City Centre may take a very long time to grow. So invest carefully.

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH