Review : Investment in Motia Royal Business Park, Zirakpur, Chandigarh Loss or Profit

Chandigarh

CPR Ratings

Investors Vote
[Total: 22 Average: 4.5]

As per Location
The Motia Royal Business Park is situated at Ambala Chandigarh Expressway Zirakpur Chandigarh.  The Motiaz Royal Business Park is right in the middle of the high-density population area of Zirakpur.

Chandigarh international airport is just a 15-minutes drive from Motia Royal Business Park. The project is properly connected with the main points of Chandigarh & Zirakpur city. The Motiaz Royal Business Park is very well connected to the residential sectors of Chandigarh.

Prominent institutions & schools are in the closest proximity such as Shemrock World, Manav Mangal Smart World Zirakpur, Government Senior Secondary School, etc.

The Motia Royal Business Park is very well connected to multiple public transpiration facilities and other civic facilities. Overall, Motiaz Royal Business Park is a good location project.

Possession | Construction Update
Motiaz Royal Business Park is in the services since the year 2019.

Fact Check
Actually, at a distance of every 100-meter along with Ambala Chandigarh Expressway,  and within a radius of 500-meter there are more than 8-mega commercial projects are exists (Ready to move & under construction) such as  Sushma Infinium, GBP Centrum, Maya Garden Magensiya,  Cosmo Mall, Global Business Park, Dhillon Square Mall, City Square, Raksha Business Centre, Motiaz Royal Business Park, etc.

There is a big gap in demand and supply. The supply is very high in comparison to demand. All the above said commercial properties/projects are creating an investment competition at this location. So the investors can face a very tuff competition in leasing and selling their retail commercial shops and office spaces. So invest carefully.

This location has 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.

Advice
The serviced apartments/studio apartments/hotel apartment can be a good investment option if actually, they are pre-leased to any reputed hospitality brand.

Products & Developer
The Motia Royal Business Park is developed by the Motia Group. The project is consists of retail shops, restaurants, office space, serviced apartments, SOHO, etc.

Builders Profile | Track Record

  Motia Builders, builder,profile,track record
PREDECESSOR Motia Developers Private Limited
FOUNDED 2005
FOUNDERS Pawan Bansal, Hem Raj Mittal
KEY PEOPLE Labh Chand Mittal, Meshi Mittal, Kewal Bansal
COMPANY | PROMOTERS Motia’z
PRODUCTS Commercial Offices, Retail, Apartments
AREA SERVED Chandigarh-Zirakpur, Panchkula, Mohali
PROJECTS COMPLETED None
PROJECTS ONGOING Motia Royal Business Park, Motia Guildford Square
DELIVERY TRACK RECORD Average
NET WORTH
STRENGTH
COMMITMENT ???
RISK Delay Possession
DEBT Yes
LITIGATION  (Check yourself)
OFFICE ADDRESS Chandigarh – Ambala Highway, Distt. Zirakpur, Punjab
Phone: +91 8860095959, Email: info@motiagroup.com
BUILDER CATEGORY SILVER

 

ALSO READ: How to Double Your Money by Investing in Commercial Real Estate

Price | Lease Price
Motia Royal Business Park retail shops, office spaces,  serviced apartments,  price starts at approx:-

UNIT TYPE FLOOR PRICE (PSF)
Soho/Studio 9Th to 13Th 6000-6700
Retail Shop Ground Floor 10,100
Retail Shop First Floor 9100
Retail Shop Second Floor 8600
Retail Shop Third Floor 8100
Retail Shop Fourth Floor 7500
Retail Shop Fifth Floor 6790

 

Conclusion 
For investment at the Ambala Chandigarh Expressway Zirakpur. It is better to choose the best location & layout design commercial projects.

CPR Ratings

Investors Vote
[Total: 22 Average: 4.5]

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH

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