Review : Investment in ACE Medley Avenue, Sector 150 Noida, Loss or Profit

Review

CPR Ratings

As per Location
The ACE Medley Avenue Mall is situated on 75-meter wide road of sector 150 Noida. The project is on the way of several high end urban rich residential group-housings of sector 150 Noida. The Ace Medley Avenue has a very small frontage.

The project is just walking distance from Noida Greater Noida Expressway. The project is properly visible and walkable. Overall ACE Medley Avenue is an approachable location commercial project.

Possession | Construction Update
ACE Medley Avenue is under construction. The promised date of delivery is in the year of September-2022. RERA Registration No UPRERAPRJ348653

ACE Medley Avenue, Sector 150, Noida

Drawbacks | Bad Factors
It is no doubt that ACE Medley Avenue is an approachable location project but the primary layout design of retail space is very congested. Apart from some ground-floor retail shops all the other floors retail shops are worthless layout design. There are very small corridors on the upper floors and does not feel magnificent.

The project has single-point entry and exits which is also a drawback of this commercial project.

Maximum Mall or Mall type properties are not the good and safe investment options in Noida & Ghaziabad area. The maximum investors who invested in Mall type properties are in 99% loss.

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

Actually, the Malls which are up for sale get defective. Only those Malls are working fine which has at least 75% stake for lease otherwise all other Mall type properties are the investment of 99% loss. Only a few Malls is running fine in Noida & Ghaziabad area such as Shipra Mall, DLF Mall Of India & GIP, etc. And all the above-said Malls has more than 75% stake for lease only.

More Details Updating Soon…

Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORSACTUAL FACTS-ACE MEDLEY AVENUEGRADING
Urban Rich GentryHigh Class, Upper Middle Class, ATS, Ace, Godrej, Tata, Antriksh, Samridhi, Sethi etcA1
Connectivity08-Minute drive from- Pari Chowk.
Nearest Metro Station 6Km (Sector 148)
Airport-47Km (IGI Airport)
A
Layout DesignOrdinary, Not very impressiveD
Multiple EntriesNoD
VisibilityAverageB
High-Density PopulationWithin walking distance, more than 20-thousand flats and an urban rich residential population of more than 60-thousand people can reside in upcoming years.A1
Youthful FootfallCan comes from Knowledge Park-5 Greater NoidaB
Public SecurityPolice Station -15-Minute driveA
Industrial/Institutional AreaYes (Knowledge Park, Greater Noida)A
Urban/Civic FacilitiesMaximum facilities availableB
Developers CredibilityGoodB
Price ComparisonHigh PriceC
CompetitorsA-few competitorsA
Expected ROI2% to 4% AnnuallyB

 

VIDEO-ACE Medley Avenue

Advantages | Good Factors
ACE Medley Avenue is at the entry point of sector 150 Noida. here are more than 15-thousand flats and an urban rich residential population of more than 30-thousand peoples aspected to reside within 3-years and can denser more in upcoming years.

The ACE Medley Avenue is on the way of some prime residential group housings of sector 150 Noida such as ATS, TATA, Godrej, Prateek, Eldico, etc.

The project is very well connected with Noida Greater Noida Expressway. The project has proper parking spaces for visiting guests and stakeholders.

More Details Updating Soon…

ACE Medley Avenue Mall, Sector 150 Noida

Actual Site Photograph

Advice
The ACE Group has very strong marketing in the Delhi-NCR area. If you are an investor and have money in your bank/pocket to buy commercial property, don’t rely on marketing propaganda. However, things get changed drastically when you go to the market to sell anything or even the same property you bought thinking there is a huge demand for it, the same broker tells you, sir,, there is huge downfall and no buyer is in the market or tells you a rate you won’t afford to sell and bear huge loss. Moral of the paragraph is that don’t believe the builders marketing hype, do your own research or take help of an expert.

A point to be noted that according to our experience the investment in any retail commercial shop/project should be done only when its external structure is visible. Only just looking at the map or in the soft launch or pre-launch stage and investing in it is very risky.

Products & Developer
The ACE Medley Avenue Mall is under developing by the ACE Group (Logix  Builders & Promoters Private Limited). The project is consists of retail shops, office space, food courts & Multiplex, etc.

Builders Profile Track Record

 Ace, builders,profile,track record
PREDECESSORCrest Promoters Private Limited, Ace Infracity Developers Private Limited, Starcity Buildcon Private Limited
FOUNDED2012
FOUNDERSAjay Kumar, Pratap Singh Rathi
KEY PEOPLE Ajay Kumar, Pratap Singh Rathi
COMPANY | PROMOTERSACE
PRODUCTSApartments, Retail
AREA SERVEDNoida, Greater Noida
PROJECTS COMPLETEDNone
PROJECTS ONGOINGAce Medley Avenue
PROJECTS UPCOMING 
DELIVERY TRACK RECORDOn-time delivery
NET WORTH
STRENGTH
COMMITMENTOn-Time Delivery, Quality construction
RISKNo experience in commercial projects development & maintenance
DEBTYes
LITIGATION No case in the Indian courts
OFFICE ADDRESSCorporate Office: Ace Studio, Plot No – 01B, Sec-126, Noida
Phone No +91 120-2487200/300/400/500
Email: info@acegroupindia.com
BUILDER CATEGORY
SILVER

The ACE group has a good market reputation in real estate Delhi-NCR. He has successfully handover several residential projects in Noida & Greater Noida.

Price | Lease Price
ACE Medley Avenue retail shops, office spaces, serviced apartments price starts at approx:-

FLOORUNIT TYPESIZE (Sq Ft)PRICE (PSF)
Lower GroundRetail Shop250-2000Updating Soon
Ground FloorRetail Shop
First FloorRetail Shop15500-16500
Second FloorRetail Shop12500-13500
Third Floor12500-13500
Fourth Floor
Fifth Floor

More Details Updating Soon

Conclusion
For commercial property investment in sector 150 Noida,  it is better to find out some better layout design hi-street retail commercial projects of sector 150 Noida.

CPR Ratings

Investors Vote
[Total: 4 Average: 1.5]

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH

2 Comments

  1. Super Demand!!!I was trying to get into this project and it got sold out in few hrs time... High street 1st floor was like sold out by priority of around 30 only... Infact around 200 people went back with nothing.. Never seen such euphorbia for any property.. However as per admin review, property doesn’t seems worth..Can any regular investor share some insight on that?
    Reply
    • Hi Admin, Can you please provide the options available in sector 150 Noida. I dont find any other option except lotus broadwalk which is already shelved and no other commercial land available as per master plan of sector 150..

      Reply

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