Project Review: The Cyberthum, is situated in the sector 140A, Noida. At present, the project is in the pre-launch stage. This project is under developing by the Bhutani Infra Group. The Bhutani Cyberthum is an IT-Office Space type project.
Possession | Construction Update
The Cyberthum project is under construction. The promised date of delivery/possession is in the year of December 2024. And according to several real estate portals, the possession date is December-2022. Possession date can be changed after RERA Registration.
As per Location
The sector 140A of Noida is an under developing sector. At present, roads and other infrastructure facilities are in very poor conditions. The sector 140A is in the primary stage of development. The Bhutani Cyberthum is at the front of Village SHAHDARA. Overall, location is not very much impressive.
Drawbacks | Bad Factors
Actually, at present, Noida Expressway sectors have oversupplied IT-Office space projects (Ready to move & Under Construction). Can say that, at present, Noida Expressway sectors has already crossed the limit of IT-Office space type commercial project development. There is a big gap in demand and supply. The supply of the IT-Office space type projects/properties in this area is very high, but demand is very limited. Actually, at present, there is no need for any new IT-Office space project on the Noida Expressway.
The sale price of IT-office space and other products of the Cyberthum are already on the higher side. If we compare the IT-office space price among other reputed, ready to move and advance stage under construction commercial properties/projects of Noida Expressway Sectors, then we find that the price of Cyberthum is on the higher side.
These days developer of the Cyberthum, offering several attractive schemes to customers to invest in this project, like the 12% assured return, lease guaranty, and other greedy payment plans.
That builder/project who offers this type of investment offers is not in the category of secure investment, as our experience most assured return and lease guaranty properties are the 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 the assured return & lease guaranty to you in the form of EMI. Actually, they are making you fool.
The public transport facilities and other civic facilities to the Cyberthum is very poor or can say that there are no public transport facilities available.
The construction and possession of this project depend on the sale of shops/space so the project may be the delay.
Advantages | Good Factors
The residential sector 137, Noida is adjoined to the Cyberthum and which is a high-density population area. There is a huge urban rich residential population which is very good sign for commercial property investment.
The layout design of commercial office space is very impressive. The office space is well furnished and designed to cater to every Information Technology related business. The project has a proper parking space for stakeholders and visiting guests. The overall layout design of Cyberthum is excellent.
The Noida Greater Noda Expressway is an IT-BPO company’s destination.
The Bhutani builder has a good market reputation in the real estate industry. He has successfully delivered i-THUM, IT-Office space project in sector 62 Noida.
Key Point | Advice
This property is best suited if you are willing to hold onto a longer term for returns as it would take a very long way to go for completion and the market to appreciate in the locality. As for the location of the property is also not very much impressive.
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 IT-Office space type ready to move and advanced stage under construction commercial property available on the Noida Expressway sectors.
The Advant Navis business park, Ansa API Corporate Park, Logix Technova and advanced stage under construction ATS Bouquet and Alphathum is the much better project/location of Noida Greater Noida Expressway for commercial property investment.
Price | Lease Price
Cyberthum, IT-Office space sale/booking price is INR Rs 5990/- per sq ft plus other charges. The price is already on the higher side for a primary stage under construction project, and there is hardly any chance to early growth. (The price of other charges is also on the very higher side).
Property investment is a huge step and it involves a lot of money. It is therefore important that you review the pros and cons and weigh them before reaching a decision. The Investment of the Cyberthum, sector-140A, Noida, IT-office space may take a very long time to grow. So invest carefully.
Friends, as we understand, that the investment of the CYBERTHUM, that, you have given your money to the builder on interest, you will get your interest in the format of assured return and lease guaranty for some time, but the principal amount will not be returned. And when you will need your principal amount you will hardly get any customer to buy your CYBERTHUM property at the desired price.
CPR Ratings *
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH