As per Location
The Gaur City Mall & Gaur City Center is located near the Kishan chowk with 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 Mall & Gaur City Center, connecting to residential township the Gaur City, The Amrapali Golf Homes and nearby residential societies of the Kishan Chowk.
This property The Gaur City Mall & Gaur City Center is 100% visible, walkable to all passers from the Gaur city township, NH-24 Highway, Crossings Republik City and the Village Shahberi. So can say that the location of the Gaur City Mall is Excellent.
Possession | Construction Update
The Gaur City Mall & Gaur City Center is under construction. The promised date of delivery/possession is in the year December 2018. But the project is still under construction. The project may be the delay for more couple of years.
Drawbacks | Bad Factors
The Kisan Chowk and Buddha Chowk of the Noida Extension have oversupplied commercial projects.
It is fact, that Gaur City Mall & Gaur City Center has a prime location project but in this prime location several other prime location Mall type properties are also exist like The Galaxy Blue Sapphire Plaza, The Galaxy Diamond Plaza, The Boulevard Walk Mall, The Mahagun Marina Walk, The IDI London Mart, The PKS Town Central, The Ufairia, The Saya South-X, The NX-One, The Sarvottam Golden- i, etc.
All the above-said projects are in the 500 Meter radius. So all these projects are creating investment competition at this location. There is a very big gap in demand and supply. The supply is very high in comparison to demand of this same types of commercial products/projects/properties at this location of the Noida Extension.
All the above said commercial projects are creating 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 the 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 Greater Noida area, like The Shipra Mall, The GIP Mall, The DLF Mall of India etc otherwise all other Mall type properties are the investment of 99% loss.
The construction and possession of the project may depend on the sale of shops/space so the project may be the delay.
Products & Developer
The Gaur City Mall & Gaur City Center is situated in the Noida Extension (Greater Noida West). These projects are under developing by the Gaursons India Limited. It’s a commercial project/property. The Gaur City Mall & 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.
The Gaursons India Limited has a good reputation in the real estate industry. He has successfully delivered several residential and commercial projects in Delhi-NCR. But Gaur builder is not a committed builder in terms of timely construction and possession.
If construction/possession of the Gaur City Mall & Gaur City Center is completes in set time frame or on before set time frame or on before other surrounding commercial projects of this location, than this commercial project can give excellent returns to investors because at present there is no ready to move big commercial project in this location of Kisan Chowk, (Gaur Chowk) Noida Extension (Greater Noida West) to cater shopping, entertainment and other retail needs for nearby residents.
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.
These days Developer of Gaur City Centre, offering many attractive schemes to customers to invest in this property, like the 12% assured return, lease guaranty, 10% Booking and rest on possession 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.
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.
Price | Lease Price
At present office, spaces are available for sale in the Gaur City Center at the price INR Rs 07K per sq ft for 7th floor and above and commercial shops are available at the price INR Rs 24K per sq ft approx, on the ground floor plus other charges. The price is slightly high for investment.
These days Developer of the Gaur City Mall Noida extension, offering many attractive schemes to customers for investment in this property, like the 12% assured return, lease guaranty, 50-50 payment plans, and other greedy payments plans.
As our experience that builder/project who offer this kind of investment offers are not in the category of secure investment. As our experience most assured return properties are the investment of loss.
The investment in Gaur City Centre and Gaur City Mall may take a very long time to grow. So invest carefully.
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH