Review : Investment in Anthurium, Sector 73, Noida, Loss or Profit

As per Location 
The Anthurium is located at 120 ft wide road of sector 73, Noida. The Anthurium is situated in a prime location, of the central Noida. The project is just walking distance from sector 51 & sector 71 Noida Metro Station.

Anthurium  is the central location of several posh residential societies/sectors of the central Noida such as the sectors 51, 52, 57, 60, 61, 70,71, 73,74,75,120,121 & sector 122 Noida.

The Anthurium is very well connected to multiple public transport facilities and other civic facilities. So can say that the location of Anthurium IT-Business Park is very impressive.

Possession | Construction Update

Construction Status	Under Construction
RERA Registration No	Anthurium – UPRERAPRJ17793
Start/Launch Date	16-10-2018
Possession Date	October-2023
Construction Stage	Ongoing
Promoter Name	Aircon Systems India Pvt. Ltd.
Architect Name	Holistics Urban Innovations Pvt. Ltd
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
Central Noida’s, residential sector 74, 75, 71, 72, 120, 122 & sector 121, and other surroundings sectors of Anthurium is a high-density population area.  Anthurium is very well connected to all type of civic facilities and other infrastructure facilities. Sector 73 is properly connected by multiple public transportation facilities. The Central Noida is a high-density population area and there is a huge urban rich residential population which is a very good sign for commercial property investment.

The biggest plus point of Anthurium is that it is the only IT-Office space project in Central Noida, and there is no any other competitor of Anthurium at this location of Central Noida, and that is a very good sign for commercial property investment.

The Anthurium is properly visible to all passers from connecting roads of the Central Noida. There are several urban rich residential societies such as Cleo County, Homes 121, Amrapali Zodiac, Prateek Laurel, Eldeco, RG Residency, Amrapali Platinum, Gaur Grandeur, and many more. These residential societies have more than 15 thousand flats and a population of more than 75 thousand people which is also a very good sign for commercial retail shops & IT-Office space investment. i.e Anthurium.

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The sector 52  & sector 70 Noida metro station is the closest to this project at a distance of about 400 meters from ANTHURIUM. It is a just 10-minute distance from the NH-24 Highway.

Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORS	ACTUAL FACTS-ANTHURIUM	GRADING
Urban Rich Gentry	Middle Class, Urban Poor. Within walking distance several residential societies such as Cleo County, Homes 121, Amrapali Zodiac, Prateek Laurel, Eldeco, RG Residency, Amrapali Platinum, Gaur Grandeur, and many more.	A
Prime Location	PLATINUM	A1
Connectivity	10-Minute drive from- Sector 121, Noida City Center. Nearest Metro Station Walking distance (Sector 52) Domestic Airport-18.8Km (Hindon Airport)	A1
Layout Design	Impressive layout design, International standards office space	A
Multiple Entries	Yes More Than 6 Entries	A1
Visibility	Highly visible, 3-side open corner property, very wide frontage	A1
High-Density population	More than 50-Thousand Flats and 2-Lakh urban rich people within walking distance and can denser more in upcoming years.	A1
Youthful Footfall	Sector-57 & Sector 62 Noida	A
Public Security	Police Station -10-Minute Fire Station 10-Minute	A
Industrial Area	Within 3-Km, Sector 63, 64, 65 Noida	A
Urban/Civic Facilities	Maximum facilities available	A1
Developers Credibility	New Builder	C
Price Comparison	Competitive Price	A
Competitors	MMR 52ND Avenue	A
Expected ROI	4% to 5% Annually	B

 

Key Point
Please note the Anthurium is an IT-office space type project, it’s not a pure commercial office space project.
The difference between an IT-Office space and commercial office space is that “in a commercial office space, you can operate your office for the twelve hours only and can do all types of commercial business activities. And in an IT-office space, you can operate your office for 24 hours” but there is a limitation in an IT-office space type project, you can run only IT (information technology) related business.

REVIEW VIDEO ANTHURIUM

Advice
These days developers of the Anthurium project offering buyers so many interesting payments plans to invest in this project/property, commercial retail shops, and IT-office spaces such as 12% assured return, and pre-lease guaranty payment plans, etc.

That builder/project who offers this kind of investment offers is not in the category of secure investment. As our experience most assured return and lease guaranty properties are an 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.

ALSO READ: Review: Investment in Bhutani Grandthum, Greater Noida West, Loss or Profit

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 assured return and lease guaranty to you in the form of EMI. Actually, they are making you fool.

This property is best suited if you are willing to hold onto a longer term for returns as it would take a couple of more years for completion and the real estate 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 1-2 KM. And this is subjected to the real estate market appreciation.

It is probably not the right choice of investment for those who are looking for ROI in the next year or so. There may not be a real appreciation of value for resale in the next couple of years.  Because of a huge unsold commercial office space inventory available in several advanced stages under-construction projects of Central Noida.

Drawbacks | Bad Factors
The prices won’t very much hike at least for a couple of years because of the huge unsold commercial property available in Central Noida. The construction and possession of this project depend on the sale of shops/space so the project may be the delay.

Anthurium IT-PARK Price & Developers Delivery Track Record Comparison With Other surrounding Residential Projects of Central Noida

PROJECT NAME	PRICE (PSF)	POSSESSION RECORD/REMARKS
Anthurium	IT-Office-6,000	May be delay
Spectrum Metro	Retail-21,000-30,000 Office-8,000 Studio8,500	Phase-1 delivered on-time, phase-3&4 ongoing, finest layout & location
MMR52nd Avenue	Retail-29,000-30,000 Office-8,750 Studio-8,995	Delay, possession date changed several times

 

Conclusion
The Anthurium is good for BPO, Call Center Software development companies, IT-office companies setups.

Investment of Anthurium may get a minimum of 4 to 5% per annum return after completion possession. If the developer completes this project in the set time frame.

CPR Ratings

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH