Project Review: The Baani Center Point is situated in Sector 80, NH-8, Gurugram. This project is under developing by Baani Group. The Baani Center Point, consists, retail commercial shops, Food Courts, Anchor Store, Entertainment Zone & Multiplex etc.
Possession | Construction Update
The Baani Center Point is under construction. The project possession date was set for the year of December 2017. But as of now, the builder is in position to give the possession within 6 months. i.e December-2018.
As per Location
The Baani Center Point is situated on the service road of NH-8. The project has wide frontage. This property is at the front of National Highway-8. This project is properly visible and walkable from nearby sector roads and from the National Highway-8. So can say that the location of Baani Center Point Mall is very impressive.
Advantages | Good Factors
If construction/possession of the Baani Center Point is complete in the set time frame or on before set time frame than this commercial project will give excellent returns to investors. Because at present there is no ready to move mega Mall type project in the sector 80 Gurgaon to cater shopping and entertainment needs for the residents of the Godrej Frontier and other ready to move residential group housings. Now the builder is in a position to give the possession within 6 months.
The Baani Center Point is the right choice of investment for those who are looking for ROI in the next year or so. They can get the real appreciation of value for resale in a couple of years. If the builder completes this project in the new set time frame.
The Baani Group has a good track record in the real estate industry. The Baani Group has successfully delivered several commercial projects in Delhi & Gurugram.
Drawbacks | Bad Factors
As we analyze that the Baani Center Point, retail shops have a loading of more than 53%, it means a small shop of around 600 sq ft, may end only 280 sq ft carpet area.
The Baani Centre Point is the right choice for investment for those who are looking for ROI in the next year or so. They can get the real appreciation of value for resale in a couple of years. If this project completed within 6 months or on before other big under construction commercial projects of the sector 80, Gurgaon.
At present, the Baani Center Point retail commercial shops available for sale and resale at the prices INR Rs 10K to INR 13K per sq ft on the ground floor, INR Rs. 8K to INR Rs 11K per sq ft on the lower ground floor, INR Rs 7K to INR Rs 10K per sq ft on the first floor and INR Rs. 6K to INR Rs 7K per sq ft on the second floor. The price is reasonable for investment in the commercial retail shop.
These days developer of the Baani Center Point Mall commercial project offering buyers 9% lease guaranty for 3 years.
That builder/project who offer this kind of investment offers is not in the category of secure investment. Actually, there is not 100% proof of lease guaranty.
The lease guaranty plan is nothing. Actually, it’s a trick of fundraising. The developer sells their low money property at a very high price to innocent investors. Actually, they are making you fool.
After completion possession of Bani Centre Point, the retail shops can lease at price INR Rs 30/-per sq f to INR Rs 80/- per sq ft per months depends on the floor and location.
The Baani Center Point is good for retail business startups.
If right now anyone invested in the Baani Center Point, ground floor retail commercial shops he may get 5% per annum return after possession.
CPR Ratings * * *
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