Review : Investment in Himalaya City Center Raj Nagar Extension, Ghaziabad, Loss or Profit

Review

CPR Ratings

Investors Vote
[Total: 4 Average: 2.5]

As per Location
Himalaya City Center commercial property investment project (retail shop, mall, multiplex) is situated on the bypass road of the Raj Nagar Extension. It’s a 2-side open corner property, both sides are wide roads. It is located on the entry side road of the NH-58 bypass.

It is right in the middle of the high-density residential area of Rajnagar Extension. This project is in the center of the bypass road of Raj Nagar Extension.

Himalaya City Center is on the way of the people coming from Delhi and Trans Hindon River area, who stayed in Raj Nagar Extension or use to bypass Ghaziabad city traffic. So can say that the location of the Himalaya City Center commercial project is very much impressive.

The Himalaya City Center is just a 10-minute distance from Hindon River Metro Station. The project is just a 5-minute distance from the longest elevated road of India.

The Himalaya City Center Mall is 100% visible to all passers of the NH-58 bypass and the nearby residential societies.  Prominent institutions are in close proximity such as Parivartan School, GD Goenka, DPS, AK Children academy, etc.  Overall Himalaya City Center is an excellent location for commercial property investment project.

Possession | Construction Update

Construction Status Under Construction
RERA Registration No Himalaya City Center- UPRERAPRJ728824
Start/Launch Date January-2021
Possession Date December-2024
Construction Stage Primery
Construction Company Vaishnavi Construction (Virendera Kumar Gupta)
Architect Name Space Design International (Vishal Mittal)
Promoter Name R B Infraestate Private Limited
Total Land Area 3.1456515 Acre,  (12730 Square Meter)
Live Updates

Advantages | Good Factors
Himalaya City Center is properly connected to multiple public transportation facilities and other civic facilities. And which is a very good sign for commercial property investment.

Himalaya City Center commercial is GDA (Ghaziabad Development Authority) approved project, so there is no legal hassle in this project.

Himalaya City Center Price, Developers DeliveryTrack Record Comparison With Other surrounding Commercial Projects Of Raj Nagar Extension

PROJECT NAME PRICE (PSF) POSSESSION RECORD
Himalaya City Center   December-2024
KW Delhi-6 ₹13,000-21,000 On-time
VVIP Mall ₹17,000-24,000 Ready, occupied, wide frontage, impressive architecture/layout
Ajnara Fragrance ₹16,000-20,500 June-2024
Migsun Migente ₹14,990-24,990 June-2024

 

Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORS ACTUAL FACTS-HIMALAYA CITY CENTER GRADING
Urban Rich Gentry Middle Class, Lower Middle Class. Right in the middle of many high-rise residential societies. A
Location GOLD A
Connectivity A 5-Minute drive from- Meerut Road.
Nearest Metro Station 10-Minutes (Hindon)
Domestic Airport-14Km (Hindon Airport)
Ghaziabad Railway Station-10Km
B
Layout Design Updating soon… ?
Multiple Entries Updating Soon ?
Visibility Properly visible A
High-Density population Within a 500-Meter radius more than 25-Thousand Flats and 1-Lakh urban rich people and can denser more in upcoming years. A
Youthful Footfall Meeruth Road Institutional Area A
Public Security Police Station -15-Minute
Fire Station 15-Minute
A
Industrial Area Within 3-Km, Meerut road industrial area A
Urban/Civic Facilities Maximum facilities available B
Developers Credibility First Big Commercial Project C
Price Comparison Competitive Price A
Competitors Several competitors within a radius of 1-KM B
Expected ROI Updating soon… ?

 

Products & Developer
The Himalaya City Center is under development by the Himalaya Builders (R B Infraestate Private Limited). It’s a purely commercial property. The R B Infraestate Private Limited, is consists of commercial retail shops, food courts, etc.

Price Appreciation Track Table Himalaya City Center

YEAR PRICE (PSF) APPRECIATION/REMARKS
January-2021 Retail Shop-₹ Updating soon… Launching Price
March-2021 Retail Shop-₹

 

Builders Profile | Track Record

  Himalaya Residency
PREDECESSOR Himalaya Residency Private Limited, R B Infraestate Private Limited
FOUNDED 2003
FOUNDER Vishal Sharma, Dinesh Chand Sharma
KEY PEOPLE Vishal Sharma, Dinesh Chand Sharma
COMPANY | PROMOTERS Himalaya
PRODUCTS Apartments, Retail
AREA SERVED Ghaziabad, Greater Noida West
PRODUCTS Apartments, Shopping Malls, Retail
PROJECTS COMPLETED (Residential) Himalaya Tower, Himalaya Legend, Himalaya Tanishq, Himalaya Pride
PROJECT COMPLETED (Commercial) None
PROJECTS ONGOING (Commercial) Himalaya City Center
DELIVERY TRACK RECORD Average
NET WORTH
STRENGTH
COMMITMENT ???
RISK No Experience in mega commercial projects development & maintenance
DEBT Updating soon
LITIGATION  Updating soon
OFFICE ADDRESS  REGISTERED OFFICE
7365, PREM NAGAR, SHAKTI NAGAR, DELHI-110007, MOBILE:
+91-7840005949, EMAIL: INFO@HIMALAYARESIDENCY.IN
BUILDER CATEGORY BRONZE

 

Also Read : Review: Investment in GNB Raj Nagar Extension, Ghaziabad, Loss or Profit
Also Read : Review: Investment in VVIP Style, Raj Nagar Extension, Ghaziabad, Loss or Profit

Conclusion
Updating soon…

CPR Ratings

Investors Vote
[Total: 4 Average: 2.5]

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE PURCHASE OF PROPERTIES.

 

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