Review : Investment in VRS District One, Sector 68, Mohali, Loss or Profit

Chandigarh

CPR Ratings

As per Location
VRS District One is situated on the Airport Road sector 68, Mohali, SAS Nagar.  It’s a 4-side open corner property. The project has a very wide frontage & properly visible from 4-ways.

VRS District-1 eye-catching visibility project of Airport Road. The project has 100% visible and walkable for sector 68, 68, & sector 80 residents and for the passers of Airport Road. The project is very well connected to multiple public transportation facilities and other civic facilities.

Prominent schools & institutions in the closest proximity such as Sebiz Finishing School, International School of Business (ISB), IISER, Learning Paths School, Amity Global Business School, Army Institute of Law, Kendriya Vidyalaya, etc.

Chandigarh international airport is just 15-minutes drive from VRS District One (via Airport Road).  Mohali Cricket Stadium is just 5-minutes from CP-68. The SAS Nagar Railway Station is just 3.4-KM. The project is at a distance of  268-Km from ISBT (Interstate Bus Terminal). VRS District One is properly connected with the main points of Mohali city.

The VRS DISTRICT ONE caters to an immediate catchment of a big crowd of the sector 68, 67, & sector 80 residential. It’s a truly high street retail open market to cater to all kind of shopping, fine dining, fun, entertainment, and business needs of nearby residents. The VRS District One is properly visible and walkable to every resident of nearby localities.

The project is close to several government offices such as Municipal Corporation SAS Nagar, Sub Post Office, Punjab Forest Department, Startup Accelerator Chamber of Commerce, Assistant Excise And Taxation Commissioner Office, Income Tax Office So can say that the District One is an excellent location commercial property.

Possession | Construction Update
The VRS DISTRICT ONE project is under construction. The promised date of delivery/possession of the project is in the year of February-2021. Possession date according to RERA is 11-April-2026.  RERA Registration No PBRERA-SAS81-PC0090

VRS District One, Sector 68, Mohali

Advantages | Good Factors
District One has multiple entries and exit points. Multiple entries and exit points attract customers footfall quickly and provide maximum visibility/exposures to every retail area of the project. Which is also another approachable sign for investment in this project.

All the retail shops & SCO of District One are perfectly designed for maximum visibility.  Overall, VRS District-1 is a perfectly designed commercial project. The VRS DISTRICT ONE is can be the finest places for shopping, fine dining, fun, masti, and entertainment of Airport road Mohali.

The VRS DISTRICT ONE is the central location of sector 68, 67, & sector 80 of Airport Road  And all the above said sectors is the high-density population area, and can denser more in upcoming years. There is a huge urban rich residential population surrounding District One.  There are more than 30-thousand flats and an expected residential population of more than 1-Lakh people. This is also a very good sign for commercial property investment i.e. VRS DISTRICT ONE.

VRS DISTRICT ONE is very well connected to multiple public transportation facilities and other civic facilities. The project is also very well connected to the residential sectors such as 68, 68, & sector 80. Which is also another good sign for commercial property investment i.e. D-1.

The project has a proper parking space for stakeholders and visiting guests.

Drawbacks | Bad Factors

Updating Soon…

Products & Developer
The District -1 (D-1) commercial project is under developing by the VRS Builders And Promoters.   This project consists of commercial retail shops, showrooms,  studio apartments, hotel, food courts, office spaces, multiplex, banquet halls, and entertainment facilities, etc.

Builder Profile
The VRS Builders And Promoters has a good market reputation in the Chandigarh real estate industry. He has successfully delivered several residential and commercial projects in Chandigarh.

Price | Lease Price | Price List
VRS District One retail commercial shops, office space sale & lease price starts at approx:-

AREA (Sq Yd) DIMENSION PRICE 
59 14 Ft X 38 Ft 2.5 Cr
121 16.6 Ft X 66 Ft


Conclusion
VRS D-1 is good for retail business startups such as branded showrooms, food chains, banks, etc. After completion possession, retail business startups and investors may get a minimum of 6% per annum returns from their investments.

CPR Ratings

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH

 

 

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