Review : Investment in iThum-2, Sector 73 Noida, Loss Or Profit

Review

CPR Ratings

As per Location 
The iThum-73 (ithum-2) office space & retail shops project is located in sector 73, Noida. We can see the location of the ithum-2 office space project with two logical points.

The First One: The iThum-2 is less than 300-meter away from 3 mega commercial projects such as MMR-52nd avenue, Anthurium IT Park & Spectrum Metro. Newly launch iThum-2 office space project creating investment competition at this location.   Actually, at present,  there is no need for any new commercial project in this location. Oversupply is always killing our investment growth.  And in this consideration, the location of the iThum-2 is very bad.

Second One: 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, avoid completely, soft launch/pre-launch/primary stage under construction commercial projects of Central Noida.  And in this consideration, the location of the iThum-73 is very bad.

Possession | Construction Update
The iThum-2 IT-office space project is in the pre-launch stage. The project is not RERA Registered now.

Drawbacks | Bad Factors
The investment in iThum-2 retail shops may not perform well. There are the 2-strong reason behind this:-

First One:-  All the nearby residential societies of nearby sectors have their own retail shop market to cater to daily needs and other shopping needs of its residents. So that’s why iThum-2 retail shops may not working fine.

Second One:- The MMR-52nd Avenue and Spectrum Metro commercial projects are very bigger projects in compression of iThum-2. Both above-said commercial projects have all the facilities related to shopping & entertainment, such as Movies Theaters, Hotels, Banquet Halls, Hyper Markets, Games, etc. So people will like to go in big where all the facilities are available, not in small. Big fish always eat small fish. So keep these small but important things in mind while investing.

More Updating Soon…

Advantages | Good Factors
Updating Soon….

Products & Developer
The iThum-2 consists of IT-office space & retail shops, etc.

Builders profile | Track Record
Updating soon…

Advice
These days Developers of iThum-2, 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.

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

Price | Lease Price
iThum-2 office space & retail shops price starts from approx:-

UNIT TYPE AREA (Sq Ft) PRICE (PSF)
Retail Shops Min-250 21000
Office Space Min-500 5550

It is a very high price for investment in a Soft Launch/Pre Launch stage commercial property.

Conclusion
The iThum-2 office space Noida is probably not the right choice of investment for those who are looking for ROI in the next years or so. iThum Office space & retail shops investment may take a very long time to return. It is better to find out some other good commercial projects for investment.

More Updating soon…

CPR Ratings

Investors Vote
[Total: 14 Average: 1.3]

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH

 

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