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 for 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 are already under construction. Actually, the Kisan Chowk and Buddha Chowk of Greater Noida West have oversupplied commercial projects. And in this considerateness, the location of Gaur World Street is very bad.
Possession | Construction Update
|Construction Status||Under Construction|
|RERA Registration No||Gaur World Street- UPRERAPRJ674297|
|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.|
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.
REVIEW VIDEO GAUR WORLD STREET
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 an 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 the above commercial projects. And can face more critical conditions in the 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 commercials? Is there any limit? Actually, there is no proper planning and re-planning for commercial development by the concerned 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 are 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.
Commercial Real Estate Project Investment Criteria Table
|MUST REQUIRED FACTORS||ACTUAL FACTS-GAUR WORLD STREET||GRADING|
|Urban Rich Gentry||Lower Middle Class. Within 300-Metter, affordable housing township Gaur City & some other residential group housings||B|
|Connectivity||10-Minute drive from- NH-24, Sector 121 Noida
15-Minute drive from- Crossings Republik & Village Shahberi.
Nearest Metro Station 25-Minutes (Sector 52)
Domestic Airport-23Km (Hindon Airport)
Ghaziabad Railway Station-16Km
|Layout Design||Not very impressive, Congested layout||C|
|Visibility||Properly visible, corner property||A|
|High-Density population||Within walking distance more than 10-Thousand Flats and 40-thousand people and can denser more in upcoming years.||A|
|Youthful Footfall||No Higher education Institutes||B|
|Public Security||Mahila Thana-Ecotech-3, 15-Minute
Police Station -15-Minute
Fire Station 15-Minute
|Industrial Area||Within 3-Km, Ecotech-3, 4, 11, 12||A|
|Urban/Civic Facilities||Maximum facilities available||B|
|Developers Credibility||Not very satisfactory.||B|
|Price Comparison||Higher price in comparison to surrounding commercial projects||B|
|Competitors||Within 500-meter radius more than 15 mega commercial projects. Oversupplied commercial location||C|
|Expected ROI||May takes a very long time||C|
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.
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 (Fastidious Buildmart Private 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.
Builders profile | Track Record
|PREDECESSOR||Gaursons India Private Limited|
|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|
|COMMITMENT||Not very satisfactory|
|RISK||average construction quality, low carpet area|
|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
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|
|Sixth Floor||Food Courts||183-500||12,500|
Complete price list updating soon.
Gaur World Street Price, Developers DeliveryTrack Record Comparison With Other surrounding Commercial Projects Of Noida Extension
|PROJECT NAME||PRICE (PSF)||POSSESSION RECORD|
|Gaur World Street||Retail-25,900||March-2027|
|Delay, possession date revised several times, now December-2024|
|Gaur City Center||Office-
|Delay, possession date revised several times, now January-2024|
|ATS Kabana High||Office-6,000
|First mega commercial project by this builder, possession May-2026|
|Galaxy Diamond Plaza||Office-6,490
|Delay, possession date revised several times, now September-2020|
|BW Walk Mall||Office-6,483
|Delay, possession date revised several times, RERA date has been passed. still no progress.|
|Galaxy Blue Sapphire Plaza||Office-6,499
|Delay, possession date revised several times, RERA date has been passed. Now the revised RERA date is July-2021|
|AIMS Central Plaza||Retail-23,000||March-2021|
|Mahagun Marina Walk||Office-5,990
|Delay, possession date revised several times, now phase-1 July-2022|
|Apex Park Square||Retail-24,900||The first mega commercial project, May-2022|
|PKS Town Central||Retail-26,000-30,000||Delay, possession date revised several times, Now Phase-1 August-2022, Phase-2 August-2023, Phase-3 August-2024|
|Ufairia Mall||Retail-16,00-20,000||Delay, possession date revised several times, now December-2024|
|Saya South X||Retail-26,500||The first mega commercial project, September-2023|
|Ocean Golden i||Updating||Delay, possession date revised several times, now June-2022|
What is really happening nowadays? the residential property is no longer a favorite for investment. Now the builders are trying to pull the investor’s 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.
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