Review : Investment in Artha Mart, Noida Extension, Loss or Profit

Review

CPR Ratings

As per Location
The Artha Mart retail shops are a part of IT-ITes commercial project Artha SEZ (Trustone City) It is located on the Noida Greater Noida link road, Tech-Zone-4 Noida Extension (Greater Noida West). It’s a 4-side open corner property. The project has a wide frontage.

The Artha SEZ (Trustone City) is right in the middle of an approach full location of Greater Noida West. The project is just 5 to 15 minutes distance from several important connecting points of Greater Noida West such as Gaur Chowk, Sector 121 Noida, NH-9 ( previously known as NH-24 Highway) Ghaziabad & Knowledge Park-5.

The project is on the way of Metro rail route and properly connecting with transportation facilities. Overall  Artha Mart is an approach full location retail commercial project.

Possession | Construction Update

Construction Status Under Construction
RERA Registration No Artha Mart – UPRERAPRJ981876
Start/Launch Date December-2019
Possession Date December-2028
Construction Stage Primary
Construction Company Mount Everest Constructions Ltd
Architect Name Gyan P Mathur
Live Updates
COVID-19 Lockdown Status COVID-19, an event of ‘Force Majeure’. Completion/Possession extended for 6 months for all projects expiring on or after 25.03.2020 by the Government.

 

Advantages | Good Factors

Updating Soon…

Drawbacks | Bad Factors

Updating Soon…

Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORS ACTUAL FACTS-ARTHA MART GRADING
Urban Rich Gentry Middle Class, Adjoind with IT-Office Campus B
Prime Location SILVER B
Connectivity 10-Minute drive from- NH-24, Sector 121 Noida, Ecotech-3, & Knowledge Park-5.
Domestic Airport-23Km (Hindon Airport)
Ghaziabad Railway Station-16Km
A
Layout Design Updating Soon…
Multiple Entries Updating Soon…
Visibility Updating Soon…
High-Density population Adjoined with IT-Office Campus B
Youthful Footfall Yes A
Public Security Mahila Thana-Ecotech-3, 15-Minute
Police Station -10-Minute
Fire Station 10-Minute
A
Industrial Area Within 3-Km, Ecotech-3,4, 11,12 A
Urban/Civic Facilities Maximum facilities available B
Developers Credibility Quality Construction. SILVER standard Developer B
Price Comparison High Price in comparison of surrounding under construction commercial projects C
Competitors Several competitors within a radius of 1-KM C
Expected ROI May takes long time C

 

Advice

Updating Soon…

Products & Developer
Artha Mart is under development by the Artha Infratech Private Limited. The project consists of  Retail Shops, etc.

Builders Profile | Track Record

  Artha Mart, Wegmans Trustone, Greater Noida West
PREDECESSOR Wegmans Industries Private Limited, Wegman Builders & Developers Private Limited, Artha Infratech Private Limited
FOUNDED 1992
FOUNDERS Surander Kumar Gupta
KEY PEOPLE Surander Kumar Gupta, Sudeep Gupta, Shagun Gupta
COMPANY | PROMOTERS Wegmans Trustone
PRODUCTS Commercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail
AREA SERVED Delhi-NCR (Delhi, Noida, Greater Noida, Ghaziabad)
PROJECTS COMPLETED Wegmans Business Park
PROJECTS ONGOING Artha Sez Trustone City
PROJECTS UPCOMING  
DELIVERY TRACK RECORD Updating Soon
NET WORTH
STRENGTH
COMMITMENT Quality construction
RISK Updating soon..
DEBT Updating Soon…
LITIGATION  Updating Soon…
OFFICE ADDRESS Corporate Office
F-7 | East of Kailash |New Delhi | India | 110065
Phone: 011 46601120, 26476211/77 (Landline), eMail: Info@trustoneindia.com
BUILDER CATEGORY
SILVER

 

Price | Lease Price
Artha Mart retail shops price start from approx:-

FLOOR SIZE (Sq Ft) PRICE (PSF)
Ground Floor 400 22,500

 

Artha Mart Price, Developers DeliveryTrack Record Comparison With Other surrounding Commercial Projects Of Noida Extension

PROJECT NAME PRICE (PSF) POSSESSION RECORD
Artha Mart 22,500 Long time, December-2028
Grandthum Office-4,250
Retail-17,990
On-Time, June-2023
NX-ONE Office-5,149
Retail-17990
Delay, possession date revised several times, now December-2024
Gaur City Center Office-
Retail-25,900
Delay, possession date revised several times, now January-2024
ATS Kabana High Office-6,000
Retail-25,000
First mega commercial project by this builder, possession May-2026
Galaxy Diamond Plaza Office-6,490
Retail-24,000
Delay, possession date revised several times, now September-2020
BW Walk Mall Office-6,483
Retail-
Delay, possession date revised several times, RERA date has been passed. still no progress.
Galaxy Blue Sapphire Plaza Office-6,499
Retail-26,000
Delay, possession date revised several times, RERA date has been passed. Now the revised RERA date is July-2021
AIMS Central Plaza Retail-23,000 March-2021
Gaur World Street Retail-25,900 March-2027
Mahagun Marina Walk Office-5,990
Retail-28,000
December-2025
London Mart Office-
Retail-19,990
Delay, possession date revised several times, now phase-1 July-2022
Apex Park Square Retail-24,900 The first mega commercial project, May-2022
PKS Town Central Retail-26,000-30,000 Delay, possession date revised several times, Now Phase-1 August-2022, Phase-2 August-2023, Phase-3 August-2024
Ufairia Mall Retail-16,00-20,000 Delay, possession date revised several times, now December-2024
Saya South X Retail-26,500 The first mega commercial project, September-2023
Ocean Golden i Updating Delay, possession date revised several times, now June-2022

 

Conclusion

Updating Soon…

CPR Ratings

Investors Vote
[Total: 4 Average: 2.5]

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH

 

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