Review : Investment in Mahagun Mywoods Mart, Noida Extension Loss or Profit

Review

CPR Ratings

Investors Vote
[Total: 1 Average: 3]

As per Location
The Mahagun Mywoods Mart is situated in a good location of Noida Extension (Greater Noida West). It is located on the entry side 60 ft wide road of the Gaur city-2, connecting to several residential societies of Noida Extension. It’s a daily-need local market.

Possession | Construction Update
The Mahagun Mywoods Mart retail shop market is in the service since the year 2018.

Advantages | Good Factors
The Mahagun Mywoods Mart is a part of Mahagun Mywoods residential group housing. There are more than 2-thousand flats and an urban rich residential population of more than 6-thousand people. And which is a very good sign for retail business startups and commercial property investment.

Mahagun Mywoods Mart is perfectly designed for maximum visibility. Especially the ground floor retail shops are very impressive. All the ground floor retail shops is a good investment option for regular long term rental income and retail business startups.

Advice
The price is already on the very higher side and there is hardly any chance of early growth.

Products & Developer
Mahagun Mywoods Mart commercial complex is developed by the Mahagun India Ltd. The retail shop’s size of Mahagun Mywoods mart commercial shops varies from 324 sq ft to 5272 sq ft.

Builders Profile | Track Record

  Mahagun Developers,builder profile,track record,expert,views
PREDECESSOR Mahagun Property Management Private Limited, Mahagun India Private Limited, Mahagun Real Estate Private Limited
FOUNDED 1998
FOUNDERS Pawan Kumar Jain
KEY PEOPLE Dhiraj Jain, Amit Jain
COMPANY | PROMOTER Mahagun
PRODUCTS Apartments, Retail
AREA SERVED Noida, Greater Noida, Ghaziabad
PROJECT COMPLETED Mahagun Metro Mall, Mahagun Mywoods Mart
PROJECTS ONGOING Mahagun Marina Wwalk
DELIVERY TRACK RECORD Poor
NET WORTH
STRENGTH
COMMITMENT Not Satisfactory
RISK Delay possession, congested projects, too much loading, customer harassment
DEBT Yes (Mahagun is in the defaulter list of Greater Noida Authority)
LITIGATION  Updating soon…
OFFICE ADDRESS Corporate Office
33/1, 3rd floor, Tower B, Corenthum Tower, Sector-62 Noida, (U.P.), Pin Code – 201309, Ph. No.: + 91 120 4890000
BUILDER CATEGORY SILVER

 

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

Price | Lease Price
Mahagun Mywoods Mart retail shops are available in resale price at approx:-

FLOOR PRICE (PSF) LEASE PRICE (PSF)
Ground Floor 30,000-35,000 100-150
First Floor 18,000-21,000 70-100
Lower Ground 15,000-18,000 50-60

The price is already on the very high for investment, and there is not very much scope to grow more.

Also Read : Review : Investment in Mahagun Mall, Noida Extension, Loss or Profit

Conclusion
The Mahagun Mywoods mart ground floor retail shops are good for retail business startups.

CPR Ratings

Investors Vote
[Total: 1 Average: 3]

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH

2 Comments

  1. Sale price of Mahagun mywoods mART commercial is already in higher side , in this price tag “No entry”

    Reply
    • Sir I want to invest in commercial property in noida Extention where I should invest money please suggest me thanks

      Reply

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