As per Location
The NX One is situated at the Kisan Chowk, which is the main roundabout of Greater Noida West. Its 3-side open corner property of Tech-Zone-4. The project has a very wide frontage.
The Kisan Chowk is the gateway of Greater Noida West. NX-One is just 7-minutes drive from sector 121 Noida & NH-24 Highway. The project is just 10-minutes drive from high-density population area of Crossings Republik & village Shahberi.
NX-One is in the central location of several high-rise residential group-housing societies. The project is very well connected to the main points of Noida, Greater Noida & Ghaziabad. NX-One Mall is an approachable location commercial project.
Possession | Construction Update
NX One is under construction. The project was pre-launch/ launched in the year of 2013-2014. The promised date of delivery of the project was set for the year-2017, But the project is still under construction. NX-One possession date was revised several times but there is no significant progress. After RERA come in force the revised possession date is December-2024. NX-One RERA Registration No. UPRERAPRJ4746.
Advantages | Good Factors
NX-One is the central location of a high-density population area. There are more than 20-thousand flats and an urban rich residential population of more than 40-thousand peoples near to this project. And which is a very good sign for commercial property investment.
DAH NX One is properly connected to multiple public transportation facilities and other civic facilities. Sector 52 Noida Metro station is just 10-minutes drive from NX-One. The project is also very close to upcoming Kisan Chowk metro station of Greater Noida West. Which is also a very good sign for commercial property investment.
The IT-office spaces are perfectly designed for maximum visibility. The IT-Office space is designed to meet international standards and can cater to every information technology related business.
NX-One studio apartments/serviced apartment can be a good investment option if they are pre-leased to any reputed hospitality brand. Please note, before investing in Studio/Serviced Apartments check its land use. If the land use is residential, then legally they are not pre-leased to hospitality brands.
NX-One price is reasonable in comparison of other commercial projects of this location (Kisan Chowk & Buddha Chowk) of Greater Noida West.
NX-One can be a perfect destination for Call Centers, BPO, Software Development, back office support companies, etc. The project has proper parking spaces for stakeholders and visiting guests.
If construction/possession of the NX ONE Mall is completed in the set time frame or on before set time frame or on before other surrounding commercial projects of this location then this commercial project can give excellent returns to investors. Because, at present, there is no ready to move mega commercial project available at this location of Kisan Chowk/Gaur Chowk Noida Extension to cater office, shopping, entertainment and other needs of nearby residents.
If anyone wants to invest at this location of Noida Extension (Kisan Chowk & Buddha Chowk) commercial properties, we advice prefer advance stage construction projects or ready to possession projects. We strongly advise avoiding soft launch/pre-launch/new launch/primary stage under construction projects of this location completely.
Drawbacks | Bad Factors
The Kisan Chowk and Buddha Chowk Noida Extension have oversupply commercial projects. This location is already cross the limit of commercial property development.
Actually, at this location there are more than 10 mega commercial projects are under construction within a radius of 500-meter such as Gaur City Center, Gaur City Mall, ATS Kabana High, Galaxy Diamond Plaza, Boulevard Walk Mall, Galaxy Blue Sapphire Plaza, Mahagun Marina Walk, IDI London Mart, PKS Town Central, Sarvottam Golden-i, Ufairia Mall, Saya South-X, etc.
All the above said commercial properties/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. So after completion possession, the investors may face a very tuff competition for leasing and selling their retail shops, office space, studio apartment, etc
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 such as Shipra Mall, GIP Mall, DLF Mall of India, etc otherwise all other Mall type properties are the investment of 99% loss.
NX-One is best suited if you are willing to hold your investment onto a longer term for returns as it would take more couple of year for completion of the property and the market to appreciate in the locality. As for the location of the property is concerned it is a prime locality with all required amenities located within 2-4 km. And this is subjected to the early completion of this project.
Products & Developer
This project is under developing by the DAH Group. It’s a mixed land use project, with IT/ITES office space, Retail Space, Corporate Suites and Residential Apartments. It’s a 25-acre land allotted by the Noida Authority.
Price | Lease Price
DAH NX One office space, serviced apartments, retail shops are available in original booking and resale price at approx:-
|UNIT TYPE||FLOOR||PRICE (PSF)|
|Office Space||1st and above||3000-4000|
|Serviced Apartments/ Corporate Suites||1st and above||19/- Lakh- 23.90/- Lakh|
|Retail Shop NX-One Mart||BLOCK A||116,000-19,000|
|Retail Shop NX-One Mart||Block-B||16,000-17,990|
|Retail Shop-Mall||Lower Ground||12,990-14,190|
|Retail Shop-Mall||Upper Ground||14,000-20,000|
|Retail Shop-Mall||First Floor||13,000-14,000|
|Food Court-Mall||First Floor||13,000-14,000|
The price is reasonable for investment.
The investors may get a minimum of 5% per annum return from NX-ONE, and this is subjected to the early completion of this project.
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH