Review : Investment in SS HighPoint, Sector 86, Gurugram, Loss or Profit

Review

CPR Ratings

As per Location
The SS High Point is situated on the 75-meter road of sector 86 Gurgaon. It’s a 2-side open corner property with eye-catching visibility. The project is just walking distance from 135 meters multi-utility corridor. The project has wide frontage. This project is properly visible and walkable from nearby sector roads.

Prominent schools and institution are in close proximity such as Shishu Kalyan Senior Secondary School, Bharat Ram Global School, St. Xavier’s High School, etc.

The SS High Point is right in the middle of high-density population area and can denser more in upcoming years. So can say that the location of SS High Point is impressive.

Possession | Construction Update
The SS High Point is under construction. According to several real estate portals and builder, the promised date of delivery is in the year of Jan-2022.  But the RERA Possession date is December-2023. RERA Registration No GGM/342/74/2019/36

Advantages | Good Factors
The investment of ground-floor retail shops can be a good investment option for regular rental income and for retail business startups. But all the other floors retail shops of the project is worthless layout design.

There are several urban rich residential societies nearby the SS High Point commercial project such as Microtek Greenburg, DLF New Town Heights 2, Pyramid Urban Homes 2, DLF Skycourt, Ansal Heights 86, Pyramid Urban Floors, Era Royal Ville, Adel Cosmo court, etc.

There are more than 9-thousand flats and an urban rich residential population of more than 25-thousand people, which is also a very good sign of investment in SS High Point.

Drawbacks | Bad Factors
Apart from ground floor retail shops, all the other floor retail shops of SS HighPoint is not very impressive.

As we analyze that the SS High Point, retail shops have a loading of more than 50%, it means a small shop of around 600 sq ft, may end only 286 sq ft carpet area.

These days developer of the SS High-Point, offering many 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 kind 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 carefully.

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.

Products & Developer
The SS High Point is developed by the SS Group. The SS High Point, consists, retail commercial shops, Anchor Stores, Food Courts, Multiplex, and office space, etc.

Builders Profile | Track Record

  SS Group Builders,builders,profile,track record
PREDECESSOR Matrix Buildwell Private Limited, Growmore Buildtech Private Limited
FOUNDED 2010
FOUNDERS Sukhbir Singh Jaunapuria
KEY PEOPLE Ashok Singh Jaunapuria, Sushil Singh Jaunapuria
COMPANY | PROMOTER SS Group
PRODUCTS Apartments, Retail
AREA SERVED Gurugram (Gurgaon)
PROJECT COMPLETED SS Omnia
PROJECTS ONGOING SS High Point
DELIVERY TRACK RECORD Average
NET WORTH
STRENGTH
COMMITMENT Quality construction
RISK Updating soon
DEBT Yes
LITIGATION  YES (Facing unfair trade practice charges in Indian courts)
OFFICE ADDRESS 77, SS House, Sector- 44, Gurugram, (Haryana)- 122003
Phone: +91-124-4335100, eMail: sales@ssgroup-india.com
BUILDER CATEGORY SILVER

 

Price | Lease Price
SS High Point retail commercial shops, food courts, office space sale price start at approx:-

FLOOR SIZE (Sq Ft) PRICE (PSF)
Ground Floor 500-2500 14,500
First Floor 500-2500 11,500
Food Court 9,750
Office Space


Conclusion 

Profitable resale in assured return property/projects takes a very long time, can say minimum 10-years or even more. There are several examples of flop assured return projects in Delhi-NCR. Actually, assured return and pre-leased guaranty payment plans are the tricks of fundraising by fooling the public.

It is better to go for without assured return payment plans. prefer to choose, without assured return CLP payment plan for investment. SS High Point ground floor retail shops are good for retail business startups. The investors and retail business startups may get a minimum of 5% per annum return if the developer completes this project within promised time frames.

CPR Ratings

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH

 

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