Project Review: The Anthurium IT-Business Park is situated in the sector 73, Noida. This project is under developing by the Aircon Systems India Private Limited. This project is consist of IT-office space and Commercial Retail shops on the ground floor.
Possession | Construction Update
The Anthurium project is under construction. The promised date of delivery/ possession according to RERA is October-2023. However, as of now, the project is in the pre-launch stage. The Anthurium RERA Registration No is UPRERAPRJ17793.
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, with sector 51 Noida Metro Station. It is in between the center of several posh residential societies/sectors of the central Noida like the sectors 51, 52, 57, 60, 61, 70,71, 73,74,75,120,121,122 Noida. This property/project is very well connected to public transport facilities and other civic facilities. So can say that the location of Anthurium IT-Business Park is very impressive.
Advantages | Good Factors
Central Noida’s, residential sector 74, 75, 71, 72, 120, 122, 121, and other surroundings sectors of Anthurium is high-density population area. And there is all type of civic facilities and other infrastructure facilities are in very improved conditions. Sector 73 is properly connected by multiple transport facilities. The Central Noida is a high-density population area and there is a huge urban rich residential population which is 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 in 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 like the 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.
The layout design of IT-office space is very impressive. The office space is well furnished and designed to cater to IT(Information Technology) business. The project has a proper parking space for stakeholders and visiting guests. The overall layout design of Anthurium is excellent.
The innovative features of this project are two levels of basement parking and ground parking and integrated business centers.
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.
The AIRCON SYSTEMS INDIA PVT. LTD has a good market reputation in the real estate industry. He has successfully delivered several commercial projects in NOIDA & Ghaziabad, like The Corenthum, & i-THUM, etc.
REVIEW VIDEO ANTHURIUM
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 type of commercial activity/business. 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.
These days developer of the Anthurium project offering buyers so many interesting payments plans to invest in this project/property, commercial retail shops, and IT-office spaces, like the 12% assured return, lease guaranty, and the 50-50 payment plans etc.
That builder/project who offer 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.
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 year. 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.
Price | Lease Price
At Present, the Anthurium IT-office space is available in original booking at the price INR Rs. 5K per sq ft approx, plus other charges. The price is reasonable for investment.
The Anthurium is good for business startups.
At present, if anyone invests in the Anthurium he may get minimum 4 to 5% per annum return after completion possession of this project if the developer complete this project in the set time frame.
So we advise that investment of the Anthurium, IT-office space and commercial retail shops is safe and avail good returns after completion possession of the project.