Review : Investment in Conscient One, Dwarka Expressway, Gurgaon, Loss or Profit

Review

CPR Ratings

As per Location
The Conscient One is situated on the 130 ft wide road of sector-109 Gurugram. It’s a 3-side open corner property. The property is very close to the Dwarka Expressway.

Indira Gandhi International airport is just a 15-minutes drive from sector-109. The Huda City Center Metro Station is also at a distance of 12-Km from Conscient One.

The project has a wide frontage and properly visible and walkable from nearby residential societies and sector roads. The Conscient One is in the central location of several high-rise residential group housing projects. Overall it’s an excellent location project.

Possession | Construction Update

Construction Status Under Construction
RERA Registration No Conscient One- GGM/308/40/2019/02
Start/Launch Date 2013
Possession Date (Expired) December-2017
Possession Date (RERA) April-2021
Construction Stage Ongoing
Construction Company
Architect Name
Live Updates
COVID-19 Lockdown Status COVID-19, an event of ‘Force Majeure’. Completion/Possession extended for 6 months for all projects expiring on or after 25.03.2020 by the Government

 

Advantages | Good Factors
Sector 109, of Gurgaon, is a high-density population area. There are more than 10-thousand flats and an urban rich residential population of more than 40-thousand people, and can denser more in upcoming years. And that is a very good sign for commercial property investment. i.e Conscient One.

It’s the only Mall type centralized air-condition project/property with all kinds of shopping and entertainment facilities except under construction Indiabulls One-09 and Neo Square.

The location and layout design of the Conscient One Mall is very impressive. All retail shops of the project are perfectly designed for maximum visibility, especially the ground floor retail shops.

Conscient One is also easily visible and walkable from the residential areas of sector 109,106,105 and sector 110. There are several urban rich residential projects such as Sobha International City, ATS Kocoon, Raheja Atharva, Raheja Shilas, Raheja Revanta, Chintels Paradiso, Indiabulls Enigma, and Sidhartha Group housing, etc. Which is also a very good sign for commercial property investment.

The ground floor retail shop of the Conscient One is properly visible and looks like the high street open market, especially the main road facing retail shop, so the investment in the ground floor main road facing shops can give excellent returns in near future.

The commercial office space is designed to meet international standards. The commercial office space is also designed for maximum visibility. The project has a proper parking space for stakeholders and visiting guests.

Conscient One serviced apartments are also a good investment option if they are pre-leased to any reputed hospitality brand.

Conscient One is properly connected to multiple transportation facilities and other civic facilities. which is also a good sign for commercial property investment.

The Conscient One can be the right choice of investment for those who are looking for ROI in the next year or so. They can get a real appreciation of value for resale in a couple of years. If the builder completes this project in the revised set time frame.

If construction/possession of the Conscient One Mall is complete in the revised set time frame or on before set time frame or on before other surrounding projects of sector 109 then this project will give excellent returns to investors because at present there is no ready to move mega commercial project in the sector-109, 106, 105 and 110 of Dwarka Expressway to cater daily needs and other shopping & entertainment needs of residents.

Conscient One Price & Developers Delivery Track Record Comparison With Other surrounding Commercial Projects Of Dwarka Expressway

PROJECT NAME PRICE (PSF) POSSESSION RECORD/REMARKS
Conscient One Studio-7,850
Retail-16,100
On-time, finest layout design
Neo Square Office-8,000-9,000
Retail-15,900
On-time
Indiabulls109 Office-5,500
Retail-11,875-14,250
Delay, Possession date revised several times

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Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORS ACTUAL FACTS- CONSCIENT ONE GRADING
Urban Rich Gentry Upper Middle Class, Middle Class, Lower Middle Class. Residential societies within a radius of 500-Meter-Sobha International City, ATS Kocoon, Raheja Atharva, Raheja Shilas, Raheja Revanta, Chintels Paradiso, Indiabulls Enigma, and Sidhartha Group housing, etc A1
Location Prime Location A
Connectivity Walking Distance-Dwarka Expressway, Sector 109, 106, 105 & Sector 110.
Nearest Metro Station-12Km (Huda City Center)
Airpot-15-Minute drive (IGI Airport)
A1
Layout Design Very impressive, highly visible retail, proper sitting & walking arrangements, International standards elevation A
Multiple Entries Yes B
Visibility Eye-Catching Visibility A1
More than 30-Thousand Flats and 1-Lakh urban rich people within walking distance and can denser more in upcoming years. A
Youthful Footfall Yes A
Public Security Police Station -15-Minute
Fire Station 15-Minute
A
Industrial Area Within 3-Km A
Urban/Civic Facilities Maximum facilities available A
Developers Credibility Not Satisfactory. BRONZE standard Developer D
Price Comparison Competitive Price A
Competitors A-Few B
Expected ROI 6% to 8% Annually A

 

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Products & Developer
Conscient One commercial project is under development by the Conscient Group Builders. The project is consists of centralizes air-conditioned commercial retail shops commercial office spaces, serviced apartments, and food courts.

Builder Profile | Track Record

  Conscient Builders, builder,profile,track record
PREDECESSOR BCC Infrastructure Private Limited
FOUNDED 2010
FOUNDERS Naresh Chand Jain, Lalit Jain, Manit Jain
KEY PEOPLE Lalit Jain, Manit Jain
COMPANY | PROMOTERS Conscient Infrastructure Private Limited
AREA SERVED Delhi, Gurugram
PRODUCTS Commercial Offices, Retail, Shopping Mall, Apartments
PROJECTS COMPLETED None
PROJECTS ONGOING Conscient One
DELIVERY TRACK RECORD Poor, dealy possession
NET WORTH
STRENGTH
COMMITMENT ???
RISK Delay possession, can be stuck
DEBT Updating soon
LITIGATION  Facing Corruption charges in Indian courts
OFFICE ADDRESS Conscient Infrastructure Pvt. Ltd.
10th Floor, Tower D, Global Business Park, Mehrauli-Gurgaon Road, Gurgaon – 122 002, India
Tel: +91 124 – 280 3000, 280 3428
BUILDER CATEGORY BRONZE

 

Price | Lease Price
Conscient One retail shops, office spaces & serviced apartments are available in sale and resale at the price approx:-

FLOOR SIZE (SqFt) BASIC PRICE (PSF)
Ground Floor 420-720 14,000-16,000
First Floor 420-720 10,000-12,000
Second Floor 420-720 8500-10,000
Serviced Apartments 595-1095 7000-8500

 

Conclusion
After completion, possession of the Conscient One Sector-109 Gurgaon, investors may get a minimum of 6% per annum return if the builder complete this project in the revised set time frame.

Ground floor retail shops are good for retail business startups and for regular rental income.

CPR Ratings

Investors Vote
[Total: 7 Average: 3.6]

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH.

19 Comments

  1. when this project complete… there are very slow construction…

    Reply
  2. All the buyers of conscient one ..let us connect
    The construction is going on at a snails pace.

    Reply
    • Yes, it is important for buyers to connect. Whatsapp rather than email would be a better way to connect. Can we also check if they have registered the property under RERA

      Reply
      • very right Mr. Malhotra

        Reply
        • Very good Initiative.

          Please add myself also.
          9899807796

          Reply
          • Is there a group of investors for Conscient One yet? I’d like to be a part of it. I received a demand for Internal work however I don’t think the complete structure is ready yet. Any thoughts!?

      • Pls connect me also
        Rajeev
        9212275777

        Reply
    • I have created a gp of 4 buyers. Plz share your no.at 8854888000 Sir.

      Reply
      • My unit is in ground floor.paid 65 lakhs they have demanded 26 more.they are also demanding interest for delayed payment and are cancelling the units.

        Reply
        • Hi Rajeev,

          i’m looking to invest in this project. Could you plz whatsapp me on +447487691879. Thank You.

          Reply
          • Hello Naren if you’re really interested in buying contact me, I will help you

      • Please add me if there is a whatsapp group for this property
        9739054447

        Reply
  3. Please add my No Also
    9810010808

    Reply
    • PL.add my mobile no 9810010839.B.k.vadehra

      Reply
      • Pls add my no too 9811157993

        Reply
    • Please add my no.9958072657 in whatsup group for conscientious one 109 buyers.

      Reply
  4. i am interest forbuy commercial for conscient plzcall at 9810454870

    Reply
  5. Sumit singh
    9810274252
    Plz add me in the WhatsApp group..

    Reply
  6. Please add me in the group for this
    9739054447

    Reply

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