Review : Investment in Paras One33, Sector 133, Noida, Loss or Profit

Review

CPR Ratings

Investors Vote
[Total: 1 Average: 3]

As per Location
Paras One33 commercial property investment project is situated in 120 ft wide road of sector 133 Noida. It’s a 2-side open corner property both sides are wide roads. Paras One33 is properly visible and walkable. The project is very close to JP Hospital. Paras One33 is approx 1.5-kilometer away from the Noida Greater Noida Expressway.

Actually, At present, there is no residential population nearby this project and nor in sector 133, Noida. And without residential population, there is no mean of commercial property investment. And in this considerateness, the location of the Paras One33 is not very impressive.

Possession | Construction Update
The Paras One33 is ready to move in property. According to several real estate portals and advertisement, the promised date of delivery is in the year of June-2020. After RERA come in force, the revised possession date is December-2021. RERA Registration No UPRERAPRJ5576

paras one33, sector 133, noida

Fact Check
At present, sector 133 is a low-density population area or can say there is no residential population and without residential population, there is no mean of the retail commercial property investment.

There are more than 3 mega Mall type commercial projects within a radius of 1-Km such as JC World Mall, X-Noida, ATS Bouquet retail Shops, and Ajnara commercial, etc. And when there is no residential population in this area, then for which all these commercial projects are being developed. Actually, it seems like a pre-plan to loot our hard earned money in the name of investment and growth.

These days Developer of Paras One33, offering many attractive schemes to customers to invest in this property such as 12% assured return, lease guaranty, 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.

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.

Products & Developer
Paras One33 is under developing by the Paras Group (Admired Height Projects Private Limited). The project consists of centralized air conditions retail shops, hotel apartments, Serviced Apartments, Food Courts, and Multiplex. It’s Mall type property.

Builders Profile
The Paras group has a good reputation in the real estate industry. He has successfully delivered several residential and commercial projects in Delhi-NCR.

Price | Lease Price
Paras One33 retail shops, serviced apartments, studio apartments price starts at approx:-

FLOOR CATEGORY SIZE (Sq Ft) PRICE (PSF)
Ground Floor Retail Shop 250-1400 15,000
Lower Ground Retail Shop 250-1400 12,000
First Floor Retail Shop 250-1400 11,000
2Nd to 5Th Floor Serviced Apartments 606-796 7000-8000

 

Conclusion
The investment of Paras One33 may take a long time to grow. So invest carefully.

CPR Ratings

Investors Vote
[Total: 1 Average: 3]

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH.

1 Comment

  1. There is no transparency between the lease and registry. After giving possession one is not allowed to do a registry from authority.

    Reply

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