Advice:- Before investing in this project please check the dues of Noida Authority related to this/Project/Land/Company/Developer, and whether any dues are pending or any EMI is not up to date, then the investment may be risky.
CPR Ratings
As per Location
The Capitol Avenue commercial property investment project (office space, retail shops) is situated in a very prime location of sector 62 Noida. The project is just walking distance from NH-9 Highway and from the Electronics City Metro Station (sector 62 Noida metro station).
Capitol Avenue is just a 10-15-minute drive from high-density population areas such as Indirapuram, Vasundhara, Pratap Vihar, Vijay Nagar, Siddharth Vihar, Sector 63A Noida, etc. The project is also surrounded by full functional Industrial sectors such as 63, 64, 65, and sector 57 of Noida.
Sector 62 Noida is an IT/BPO company’s destination, already several big IT (Information technology) companies and higher educational institutes are working here such as Nuclear Software, IBM, IMS management college, IMS Law College, JP Management college, Noida Expo Center, Airtel, and JIIT, etc.
Capitol Avenue is very well connected to multiple public transport facilities and other civic facilities. Overall it is an approachable location commercial property.
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | Capitol Avenue – UPRERAPRJ665479 |
| Launch/Start Date | 27-9-2021 |
| Possession Date (RERA) | 4-7-2026 |
| Promoters Name | Aanand Habitat Infrastructure Pvt. Ltd., Chambal Trading Pvt. Ltd. |
| Architect Name | Meenakshi Kamda |
| Construction Stage | Pre-Launch |
| Land Area | 9.8 Acre |
| Floor | 23 floors |
Fact Check
Capitol Avenue is a good location for office space investment but not for retail/food courts/showrooms. Actually, it is located on a narrow congested 60-ft wide road, and right in the middle of the IT-Parks area, hence it is not a suitable location for retail footfall, and it is not even a visible location for the retail market. It is better to avoid investing in retail shops/food courts/showrooms, etc.
These days several commercial real estate developers of Ghaziabad & Noida offering some greedy investment plans to investors such as assured return & pre-lease guaranty payments plans etc.
Profitable resale in assured return & pre-leased guaranty property/projects takes a very long time to grow. There are several examples of flop assured return projects in the Delhi-NCR area. Actually, assured return and pre-leased guaranty payment plans are the tricks of fundraising by fooling the public.
That builders/projects who offer this kind of investment offers is not in the category of secure investment, as our experience most assured return and lease guaranty 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 carefully.
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 & lease guaranty to you in the form of EMI. Actually, they are making you a fool.
More Updating Soon…
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS-CAPITOL AVENUE | GRADING |
| Urban Rich Gentry | Approachable location for offices not for shopping | B |
| Prime Location | SILVER | B |
| Connectivity | 10-Minute drive from- Indirapuram, Pratap Vihar, Vijay Nagar, Siddharth Vihar. Walking distance from- Sector-62, Sector-63 Noida, and NH-9. Nearest Metro Station -Walking distance (Electronic City Metro Station) Airport-20-minutes drive (Hindon Domestic Airport) |
A1 |
| Layout Design | Updating Soon | |
| Multiple Entries | No | B |
| Visibility | Approachable location for offices not for shopping | B |
| High-Density population | The only office going, workers | C |
| Youthful Footfall | Yes | A1 |
| Public Security | Police Station -10-Minute Fire Station 10-Minute |
A |
| Industrial Area | Adjoined, 0-Km | A1 |
| Urban/Civic Facilities | Maximum facilities available | A |
| Developers Credibility | Bronze | C |
| Price Comparison | High Price | C |
| Competitors | Several Competitors within a radius of 1-KM such as Corenthum, ithum, Iconic Corenthum, Noida One, Anthurium. | B |
| Expected ROI | May takes time | C |
Advantages | Good Factors
The property is right in the middle of high-density residential areas of Indirapuram, Vasundhara, Pratap Vihar, Vijay Nagar, Sector-62- Sector-63 Noida, etc. There are more than 3-lakh people. And that is a very good sign for investment in this approachable location commercial property.
All major educational institutions like Jaypee Business School, IMS & JSS Engineering college in close vicinity. The project is very well connected to the main points of Noida and Ghaziabad.
Why Invest
It is a good and approachable location for office space investment, metro connectivity, easy public transportation facilities, right in the middle of the high-dens urban rich population.
Products & Developer
Capitol Avenue is under development by KRA Infrastructure Developers Pvt Ltd. The project is consists of IT/ITes office space, and Retail Shops.
Builders Profile
| PREDECESSOR | KRA Infrastructure Developers Pvt Ltd, |
| FOUNDED | 2007 |
| FOUNDERS | Kapil Raj Anand, Nikhil Kumar Anand |
| KEY PEOPLE | Kapil Raj Anand, Nikhil Anand, Gurcharan Singh, Manpreet Singh Wason |
| COMPANY | PROMOTERS | Maasters Infra |
| PRODUCTS | Commercial offices, Retail |
| AREA SERVED | Noida, Greater Noida |
| PROJECTS COMPLETED | None |
| PROJECTS ONGOING | Capitol Avenue |
| DELIVERY TRACK RECORD | First Project |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Updating soon… |
| RISK | Updating soon… |
| DEBT | Yes |
| LITIGATION | Updating soon… |
| OFFICE ADDRESS | Tower-A, 508, I-Thum, Sector 62 Noida, email: info@maastersinfra.com |
| BUILDER CATEGORY | BRONZE |
10-Acre Factor
According to a survey conducted by CPR, the commercial projects which are less than 10-Acre area are not as successful as above 10-Acre commercial projects.
A less than or up to 5-acre or less than the 10-acre commercial project has not have enough space for all the facilities which are required to capture big brands, multinational companies, and public attractions. let’s check the facts by a table:-
| PROJECT NAME | PROJECT AREA | RE-SALE PRICE/REMARKS |
| Express Trade Tower-2, Noida | 5-Acre | The price tuck at 5,000-PSF for the last several years. Leasing is also not very impressive. |
| Logix Technova, Noida | 5-Acre | The price stuck at 5,000-PSF for the last several years. Leasing is also not very impressive. |
| Jaipuria Mall-Indirapuram | Less than 5-Acre | Fail |
| Aditya Mall-Indirapuram | Less than-5 Acre | Fail |
| Wave One, Noida | Less than 4-Acre | Stuck |
| Wave Silver Tower | Less than 4-Acre | Not very impressive |
| Urbtech NPX | Less Than 4-Acre | Stuck |
| Center Stage Mall, Noida | Less than 7-Acre | Not very impressive |
| ATS Bouquet, Noida | 7.5-Acre | The price stuck at 5,000-PSF for the last several years. Leasing is also not very impressive. |
| GIP, Noida | Above-10 Acre | Working very fine, fully occupied |
| Shipra Mall | Above-10-Acre | Working very fine, fully occupied |
| Bhutani Alphathum, Noida | 17-Acre | Successful-high returns |
| Indirapuram Habitat Centre | Over 10-Acre | Working Very Fine |
| DLF Mall of India | Over-10-Acre | Working very fine, fully occupied |
| Select CITYWALK, Saket | Over 10 Acre | Working very fine, fully occupied |
The above table shows that investment in the bigger commercial project is very fruitful in comparison to small commercial projects. Capitol Avenue is an approx a 10-Acre commercial project. And in this consideration, Capitol Avenue may perform well.
Price Appreciation Track Table Capitol Avenue
| YEAR | PRICE (PSF) | APPRECIATION/REMARKS |
| January-2021 | Office Space-₹5,800 Retail Shop-₹ |
Pre-Launching Price |
| March-2021 | Office Space-₹6,100 Retail Shop-₹ |
Pre Launching Price |
| March-2022 | Office Space-₹6,100 Retail Shop-₹ |
Conclusion
Profitable resale in assured return property/projects takes a very long time, can say a minimum of 10-years or even more. There are several examples of flop assured return projects in Delhi-NCR. Actually, assured return and pre-leased guaranty payment plans are the tricks of fundraising by fooling the public.
Actually, ready to move office space price is around ₹6K Per Sq Ft at this location in several IT-Parks such as Cyberthum, I-Thum, Noida One etc. The sale/entry price of Capitol Avenue is already on the higher side, and there is hardly any chance of early growth. The entry/booking price should be between ₹4K to ₹4.5K per sq ft is comfortable for investment.
What is happening nowadays, that the developers are not giving the investors any chance to earn.
More Updating soon…
CPR Ratings
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE PURCHASE OF PROPERTIES.
