Review : Investment in Gaur World Street, Noida Extension, Loss or Profit

Review

CPR Ratings

As per Location
We can see the location of the GAUR WORLD STREET with two logical points.
The First One: The Gaur World Street is less than 300-meter away from his own advanced stage under construction commercial projects Gaur City Center & Gaur City Mall. The Gaur World Street, Gaur City Center & Gaur City Mall are almost in the same location.

Newly launched Gaur World Street creating investment competition to his own commercial projects Gaur City Center & Gaur City Mall. Can’t understand the logic behind this. And in this considerateness, the location of the Gaur World Street is very bad.

Second One: The Gaur World Street is situated in between the 2-main roundabouts (Kisan Chowk & Buddha Chowk) of Greater Noida West.  And from Kisan Chowk to Buddha Chowk there are more than 10-mega commercial projects is already under construction. Actually, the Kisan Chowk and Buddha Chowk of Greater Noida West has oversupplied commercial projects.  And in this considerateness, the location of the Gaur World Street is very bad.

Possession | Construction Update
The Gaur World Street is in the pre-launch stage. The project is in the process of RERA Registration.

Gaur World Street, Greater Noida West

Drawbacks | Bad Factors
Actually, Kisan Chowk and Buddha Chowk of the Noida Extension have oversupplied commercial projects. Can say that, at present, this location is already cross the limit of commercial property development. There are more than 10-mega commercial projects exists within a radius of 500-meter such as Gaur City Center, Gaur City Mall, ATS Kabana High, Galaxy Diamond Plaza, Boulevard Walk Mall, Galaxy Blue Sapphire Plaza, IDI London Mart,  Mahagun Marina Walk, PKS Town Central, Ufairia Mall, Saya South-X, NX-One, Sarvottam Golden i, etc.

There is a big gap in demand and supply, the supply is very high in comparison to demand. All the above said commercial projects are creating investment competition at this location. So in future investors can face a very tuff competition in leasing and selling their retail shops and office spaces in all above commercial projects. And can face more critical condition in future. So while investing in all the above-said projects, choose the project which will give possession first.

The Gaur builder is launched Gaur World Street project without completing their own advance stage under construction projects Gaur City Center & Gaur City Mall. Gaur World Street is just 300-meter away from his own commercial projects Gaur City Center & Gaur City Mall, And all these Gaur commercial projects are creating investment competition with each other. So in the future and in the present time, investors can face a very tuff competition in leasing and selling their retail shops and office space in all Gaur projects.

The primary layout design of the lower ground floor, upper ground floor, and the ground floor are not very impressive. The layout design of kiosks & retail shops on the lower ground floor is very congested.

Now the question is that, what’s the logic behind all these oversupply commercial? Is there any limit? Actually, there is no proper planning and re-planning for commercial 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 such as Shipra Mall, GIP Mall, DLF Mall of India, etc otherwise all other Mall type properties are the investment of 99% loss.

The construction and possession of the project depend on the sale of shops/space so the project may be the delay.

Advice
These days Developer of Gaur World Street, offering many attractive schemes to customers to invest in this property such as 12% assured return, lease guaranty, and other greedy payment plans.

That builder/project who offers this kind of investment offers is not in the category of secure investment, as our experience most assured return 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 to you in the form of EMI. Actually, they are making you fool.

Key Point
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, at present, there is no need for any new commercial project i.e. Gaur World Street.

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 there are more than 50-Screen/Multiplex proposed at this location of Kisan Chowk & Buddha Chowk of Greater Noida West. Can’t Understand the logic behind 50-Screen/Multiplex for an under developing locality. While if I compare this location to Indirapuram, where only three Mall and approx 12-screens. While the Indirapuram is a high-density population area.

Products & Developer
Gaur World Street is under developing by Gaursons India Limited. The Gaur World Street consists of commercial retail shops, kiosks, food courts, multiplex, office spaces, banquets halls, and entertainment facilities, etc. It’s a Mall type property.

Builder profile | Track Record

  Gaur,builders,profile,track record
PREDECESSOR Gaursons India Private Limited
FOUNDED 1995
FOUNDERS Banwari Lal Gaur
KEY PEOPLE Manoj Gaur, Manju Gaur
COMPANY | PROMOTERS Gaur
PRODUCTS Apartments, Villas, Farm Houses, Commercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail
AREA SERVED Ghaziabad, Noida, Greater Noida
PROJECTS COMPLETED Gaur City Mall, Gaur Central Mall-RDC, Gaur Gravity-Indirapuram, Gaur City Galleria-Greater NoidaWest
PROJECTS ONGOING Gaur City Centre, Gaur World Street-Geater Noida West, Gaur Runway Suites-Yamuna Expressway, GYC Galleria-Yamuna Expressway
DELIVERY TRACK RECORD Not very satisfactory
NET WORTH
STRENGTH
COMMITMENT Not very satisfactory
RISK average construction quality, low carpet area
DEBT Yes
LITIGATION  Facing Unfair trade practice charges in Indian courts
OFFICE ADDRESS Gaur Biz Park, Plot No-1, Abhay Khand II,
Indirapuram Ghaziabad – 201014 Phone: 0120 434 33 33
BUILDER CATEGORY SILVER

 

Price | Lease Price
Gaur World Street retail shops & kiosks price start from approx:-

FLOOR UNIT TYPE SIZE (SqFt) PRICE (PSF)
Lower Ground Kiosks 20/- Lakh Approx
Lower Ground Retail Shop 25/- Lakh Approx
Ground Floor Retail Shops 23,900
First Floor Retail Shops 15,900
Second Floor Retail Shops
Third Floor
Fourth Floor
Fifth Floor Multiplex
Sixth Floor Food Courts 183-500 12,500

Complete price list updating soon.

Conclusion
What is really happening nowadays? the residential property is no longer a favorite for investment. Now the builders are trying to pull the investors hard earned money in the name of investment and growth in oversupplied commercial real estate projects by creating the hype. Be careful. Our Advice, for investment, choose the project which will give possession first at this location of Kisan Chowk & Buddha Chowk of Greater Noida West. Avoid completely, new launch commercial projects.

CPR Ratings

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH

3 Comments

  1. plz call

    Reply
  2. The builders are creating hype, the good inventory they are holding, to show all the project is sold. They are creating traders in the market without real investors. The traders block their money for 2-3 months to sell at the profit of 2000-3000 profit. The investors are advised to stay way from as hyped market. The layout is very poor. Very highly priced. The builder takes 50% in the initial stages without doing anything. Guys, full avoid this project.

    Reply
    • Hi,
      Thank you for this genuine feedback. if there is anything more please share again.

      Reply

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