As per Location
The KW Delhi-6,(KW Delhi six) commercial project is situated on the bypass road of Raj Nagar Extension.
The KW Delhi-6 is, truly situated at the end connecting point of Raj Nagar Extension bypass road to the Meerut Road (NH-58) crossing. So KW Delhi-6 is on the way of people, which are coming from the Meerut and Ghaziabad City area. And which are used to bypass the Ghaziabad city traffic via Raj Nagar Extension road.
Mostly peoples reside in the Raj Nagar Extension goes for their business/jobs to Delhi, Noida and the Gurgaon, etc and the KW Delhi-6 is not on the way of these people. And in this consideration, the location of KW Delhi-6 is not very impressive.
Possession | Construction Update
|Construction Status||Under Construction|
|RERA Registration No||KW Delhi-6 – UPRERAPRJ2795|
|Architect Name||Deepak Mehta & Associates|
|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.|
KW Delhi-6 commercial project has a small frontage in comparison to other surrounding big commercial projects of Raj Nagar Extension. Actually this commercial property is exactly at the opposite side of the main residential group housing societies of Raj Nagar extension.
It has no doubt that Raj Nagar Extension is a high-density population area, but KW-Delhi-6 is an outskirt location of Raj Nagar Extension. So this commercial project maybe not get many benefits from the high-density population of Raj Nagar Extension.
The turning red light of the Meerut Road (NH-58) Highway to the KW Delhi-6 is very busy, the customer who is coming from the Raj Nagar Extension area for shopping in this project must take U-turn from this red light and this U-turn is equal to winning a battle.
As we analyze that the KW Delhi-6, commercial spaces have a loading of more than 50%, it means a small shop of around 600 sq ft, may end only 295 sq ft carpet area.
Maximum Mall or Mall type properties are not the good and safe investment options in Noida & Ghaziabad area. The maximum investors who invested in Mall type properties are in 99% loss.
Actually, the Malls which are up for sale get defective. Only those Malls are working fine which has at least 75% stake for lease otherwise all other Mall type properties are the investment of 99% loss. Only a few Malls are running fine in Noida & Ghaziabad area such as Shipra Mall, DLF Mall Of India & GIP, etc. And all the above-said Malls has more than 75% stake for lease only.
For a small investor, it’s better to go for small residential societies/sector markets of Raj Nagar Extension and visible/pickup road facing ground floor retail commercial shops.
Investment Tips Before investing in commercial real estate, it is better to decide why you are investing. Actually, there are two types of investors, the first one who buys retail shops or office space for self-use and the second one who bought it for pure rental income and sell when getting some appreciation. So if you are buying it for your self-use, you can buy any size according to your uses, but if you are buying it for pure rental or appreciation income, then go for virtual space or buy at least minimum 1000 sq ft carpet area, because if you buy a small shop or office space for rental income you hardly get any brand. The brands or multinational companies want the bigger space for their operations. And there are several must require things such as dedicated bigger parking spaces, negotiations in CAM charges, specific signage, dedicated power backup, bigger space in a single floor plate, and several must require NOCs, which are very difficult to arrange by a small or individual investor. So that, before investing in any commercial project, talk to the developer, that you won't buy it for self-use, but for pure rental income, and handover/responsible it for the developer to lease out. Otherwise, you won't get your expected appreciation or may get delayed appreciation or loss.
ALSO READ: How to Double Your Money Within 3 to 6 Years
Commercial Real Estate Project Investment Criteria Table
|MUST REQUIRED FACTORS||ACTUAL FACTS-KW DELHI-6||GRADING|
|Prime Location||Not very impressive||C|
|Urban Rich Gentry||Middle Class, Lower Middle Class. Only a few residential projects adjoined||C|
|Connectivity||5-Minute drive from- Meerut Road.
Nearest Metro Station 15-Minutes (Hindon)
Domestic Airport-14Km (Hindon Airport)
Ghaziabad Railway Station-10Km
|Layout Design||Not very impressive||C|
|Visibility||Not very much visible, small frontage||C|
|High-Density population||Within 500-Meter radius more than 25-Thousand Flats and 1-Lakh urban rich people and can denser more in upcoming years.||A|
|Youthful Footfall||Meeruth Road Institutional Area||A|
|Public Security||Police Station -15-Minute
Fire Station 15-Minute
|Industrial Area||Within 3-Km, Meerut road industrial area||B|
|Urban/Civic Facilities||Maximum facilities available||B|
|Developers Credibility||Assess Yourself||B|
|Price Comparison||Higher price in comparison to other commercial projects/properties of the area||C|
|Competitors||Several competitors within a radius of 1-KM||B|
|Expected ROI||May takes a very long time||C|
VIDEO: KW- Delhi-6
Products & Developer
The KW Delhi-6 is under development by the KW Group (KW Homes Private Limited). It’s a purely commercial property. The KW Delhi 6, is consist of commercial retail shops, food courts, etc.
Builders Profile | Track Record
|PREDECESSOR||KW Homes Private Limited|
|FOUNDER||Mrs. Savita Kesarwani|
|KEY PEOPLE||Pankaj Kumar Jain, Mrs. Savita Kesarwani|
|COMPANY | PROMOTERS||KW Group|
|AREA SERVED||Delhi, Ghaziabad|
|PRODUCTS||Apartments, Shopping Malls, Retail|
|PROJECTS COMPLETED (Residential)||KW Srishti-Raj Nagar Extension|
|PROJECT COMPLETED (Commercial)||None|
|PROJECTS ONGOING (Commercial)||KW Delhi-6, KW Blue Perl|
|DELIVERY TRACK RECORD||Delay Possession|
|RISK||No Experience of mega commercial projects development & maintenance|
|OFFICE ADDRESS||B-97, Sector 63, Noida, Uttar Pradesh 201301
Advantages | Good Factors
The developer of KW Delhi -6 commercial projects has successfully delivered residential project KW Srishti in the Raj Nagar Extension. KW Delhi 6 commercial is GDA (Ghaziabad Development Authority) approved project, so there is no legal hassle in this project.
KW Delhi-6 Price, Developers DeliveryTrack Record Comparison With Other surrounding Commercial Projects Of Raj Nagar Extension
|PROJECT NAME||PRICE (PSF)||POSSESSION RECORD|
|VVIP Mall||17,000-24,000||Ready, occupied|
The investment of KW-Delhi-6 commercial retail shops may take a long time to grow. Our Advice, before investing, assesses the pros and cons.
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH