Review : Investment in Aditya Park Town Commercial Complex, NH-24, Ghaziabad, Loss or Profit

Review

CPR Ratings

As per Location:
Aditya Park Town is first commercial complex while you entering from the NH-24 highway to wave city or Aditya World City township Ghaziabad. It’s 2-side open corner property. The project is easily visible and walkable. So the location of this project is very impressive.

Possession | Construction Update
The Aditya Park Town project is under construction.

aditya park town commercial complex, nh-24 ghaziabad

Advantages | Good Factors
Aditya Park Town Commercial Complex is properly visible to all passers from connecting roads of  Aditya World City township. This project is very well connected to all type of public transport facilities. It is just walking distance from NH-24 Highway Ghaziabad. The front road facing ground floor commercial retail shops are properly visible to everyone.

Drawbacks | Bad Factors
The layout design of Aditya Park Town is not very impressive, shops are not properly visible, except ground floor front facing retail shops. At present, there is no residential population near this project.

Products & Developer
Aditya Park Town commercial complex is a part of the Aditya World city township. This project is under developing by the Agarwal Associates Promoters Limited. It’s a commercial property. This project consists of commercial retail shops.

Builders Profile | Track Record 

  Aditya, builders,profile,track,record,expert,views
PREDECESSOR Agarwal Associates (promoters) Limited
FOUNDED 1979
FOUNDERS BB Agarwal, Mrs. Uma Agarwal
KEY PEOPLE Aditya Agarwal, Ashish Agarwal, Uma Agarwal
COMPANY | PROMOTER Signature Global
PRODUCTS Apartments, Shopping Malls, Commercial Offices, Retail
AREA SERVED Delhi, Ghaziabad, Noida, Greater Noida, Dehradoon, Aligarh
PROJECT COMPLETED Aditya Mall, Aditya High Street
PROJECTS ONGOING Aditya Business Center, Aditya Park Town
DELIVERY TRACK RECORD Very Poor
NET WORTH
STRENGTH
COMMITMENT Zero
RISK Delay possession, below standard construction quality, poor maintenance, Investment can be stuck
DEBT Yes
LITIGATION  Facing unfair trade practice charges in Indian courts
OFFICE ADDRESS Head Office
10, New Rajdhani Enclave, Vikas Marg, Delhi-110092, Ph: 011-43432222/43432201
BUILDER CATEGORY BRONZE

Aditya builder has a good market reputation in the real estate industry. He has successfully delivered several residential projects. But Aditya builder is not a committed builder in terms of timely construction and possession. The Aditya builder has an extremely poor record of completing their real estate projects in the set time frame.

Price | Lease Price
Aditya Park Town retail commercial shops sale & lease price start at approx:-

FLOOR PRICE (PSF) LEASE PRICE (PSF)
Ground Floor 20,000 70-100
First Floor 9000 40
Second Floor 6000 30

The price is slightly higher for investment. I think for investment, the price should not be more than INR Rs. 12K per sq ft for the ground floor.

Also Read : Review : Investment in Aditya Mall, Indirapuram, Loss or Profit

Conclusion
Aditya Park Town ground floor retail shops may be a good investment option.

CPR Ratings

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH

2 Comments

  1. Shops chaiay

    Reply
  2. Hi, I visited Park Town last week Nov. 2019. Please suggest would it be a good option to invest now in this project. I am interested in the corner shop on the second floor with 2 glass walls which is clearly visible from the road and is measuring the area of 260 sq. feet. Thanks.

    Reply

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