Project Review: The ATS Mall (ATS Kabana Heights) is situated near the Kisan Chowk of Noida Extension (Greater Noida West). This project is under developing by the ATS Infrastructure Limited. It’s a Mall type commercial property. The ATS Mall consists of commercial shops, office spaces, movie theaters, club and entertainment facilities etc. Shops and office space are available in various sizes.
Possession | Construction Update
At present, the ATS Mall is in the pre-launch stage. Construction is yet to begin. The project is in the process of RERA Registration.
As per Location
The ATS Mall situated in the prime location of Noida Extension (Greater Noida West). It is located on the entry side 130 ft wide road of Kishan Chowk and surrounding with several posh residential townships.
It’s a two side open corner plot with 100% visibility. The ATS Mall, Noida Extension is properly visible to all passers coming from Kishan Chowk, Crossings Republik, Village Shahberi, and surrounding residential societies of the Kisan Chowk. So we can say that the location of the ATS Mall is very impressive.
Drawbacks | Bad Factors
Actually, at present, the Kisan Chowk and Buddha Chowk of the Noida Extension have oversupplied commercial projects. This location already crosses the limit of commercial property development. Actually, at present, there is no need for any new commercial projects, in this location of Noida Extension.
We strongly advise avoiding completely new launch, soft launch and primary stage under construction commercial projects of the Kisan Chowk & Buddha Chowk of Noida Extension (Greater Noida West).
There is no doubt that ATS Mall has a prime location project but in this prime location, several other under construction Mall type properties also exists, like, The Gaur City Centre, The Gaur City Mall,The Galaxy Diamond Plaza, The Boulevard Walk Mall, The Galaxy Blue SaphirePlaza, The Mahagun Marina Walk, The IDI London Mart, The PKS Town Central,The Ufairia Mall, The Saya South-X Mall, The NX-One, The Sarvottam Golden-i etc.
All the above-said commercial projects are within the 500-meter radius. And all these projects have the same products. All are commercial/retail/office space/serviced apartments/studio apartments/Mall type properties.
All the above said commercial properties/projects are creating investment competition at this location. There is a big gap in demand and supply. The supply is very high in comparison to demand.
So in future investors can face problems in leasing and selling their retail commercial shops and office spaces, studio apartments, serviced apartments etc in all above said commercial projects. So invest carefully.
Now the question is that, what’s the logic behind all this oversupply commercial? Is there any limit? Actually, there is no proper planning and re-planning for commercial property development by the concern development authorities Of Uttar Pradesh government. i.e. Noida Authority (Greater Noida Authority)How much commercial property is needed and when it is needed the Uttar Pradesh government has no planning. Actually, it’s a System failure and we all are the victims of this pre-planned cheating.
The Maximum Mall or Mall type properties are not the good and safe investment options in the Ghaziabad, Noida and Greater Noida area. The maximum investors who invested in Mall type properties are in 99% loss.
Actually, only a few Malls is running fine in Ghaziabad, Noida and Greater Noida area, like The Shipra Mall, The GIP Mall, The DLF Mall of India etc otherwise all other Mall type properties are the investment of 99% loss.
The construction and possession of this project depend on the sale of shops/spaces, so the project may be the delay.
It has no doubt that the ATS is a very reputed builder of Delhi NCR. He has successfully delivered several A-class residential projects in Ghaziabad, Noida, Greater Noida, and Gurgaon area.
The construction quality and maintenance of his delivered project are highly appreciable. So the investor can invest without any hassle.
The point to be noted that according to our experience that the investment in any retail commercial shop/project should be done only when its external structure is visible. Only just looking at the map or in the soft launch or pre-launch stage of any retail commercial project and investing in it, is very risky.
For a small investor, it’s better to go for small residential societies/sector markets of Noida Extension and visible/pickup road facing ground floor retail commercial shops.
The commercial project which will give possession first in this location of Kisan Chowk & Buddha Chowk of the Greater Noida West can give better returns in compression of other commercial projects of this location.
So all Investments better growth depends on the possession first. Because of at present there are no ready to move Mall type property/project available in this location of Noida Extension.
If anyone wants to invest in this location of Noida Extension (Kisan Chowk & Buddha Chowk) commercial properties we advice prefer advance stage construction projects or ready to move projects. We strongly advise avoiding soft launch/pre-launch/new launch/primary stage under construction projects of this location completely.
The ATS Mall property is best suited if you are willing to hold onto a longer term for returns as it may take a very long time for completion of the property and the 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 2-3 km. And this is subjected to the early completion of this project, which seems fairly uncertain.
The ATS Mall is probably not the right choice of investment for those who are looking for ROI in the next year or so. The project has a long way for completion and real estate market to appreciate in this locality, there may not be a real appreciation of value for resale in a couple of years.
The Kisan Chowk and Buddha Chowk of the Noida Extension have oversupplied commercial projects, and this location already crosses the limit of commercial property development. Actually, there is no need for new commercial projects in this location of Noida Extension.
We strongly advise avoiding completely new launch, soft launch and primary stage under construction commercial projects of the Kisan Chowk & Buddha Chowk of Noida Extension.
This is really very strange, that in the location of Kisan Chowk & Buddha Chowk, there is more than 50 Screen/multiplex proposed in this location of Noida Extension. Can’t Understand the logic behind 50 Screen for a new under developing locality. While if I compare this location to Indirapuram there are only three Mall and approx 12 screens. While the Indirapuram is a high-density population area.
There is no planning or re-planning for commercial development in this location of Noida Extension (Greater Noida West) area by the Uttar Pradesh government or can say that the failure of the government. Actually, I think, It’s a pre-planned to loot our hard earned money in the name of investment and growth.
So My Dear friends “DikhavePe Mat Jao Apni Akal Lagao …. It is Real Estate Not the Virtual Estate”.
Advantages | Good Factors
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Price | Lease Price
CPR Ratings: COMING SOON….
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH