Review: Investment in Capitol Avenue Sector 62 Noida Loss or Profit

Review

CPR Ratings

Investors Vote
[Total: 4 Average: 2.5]

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 surrounding 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.

Capitol Avenue Sector 62 Noida Uttar Pradesh

Possession | Construction Update

Construction Status Pre Launch
RERA Registration No Capitol Avenue -In process of RERA registration
Launch/Start Date
Possession Date (RERA)
Promoters Name KRA Infrastructure Developers Pvt Ltd
Contractor Name
Architect Name
Construction Stage Pre-Launch
Land Area Approx 10-Acre
Floor 26 floor

 

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 peoples. 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.

Ithum corenthum capitol avenue noida it parks

Fact Check
Capitol Avenue is a good location for office space investment but not for retail/food courts/showrooms. Actually, this property is 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…

Sctor 62 Noida Electronic City Noida Metro Station

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

 

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.

Noida Sector 62 Indirapuram NH9

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 Kumar Anand
COMPANY | PROMOTERS Masters 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 H-175 Sector 63, Noida, Uttar Pradesh 201301, Phone: +91-9211088000, eMail: info@thegalaxygroup.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 enough space for all the facilities which are required to capture big brands, multinational companies, and public attraction. 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
April-2021 Updating soon…

 

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.

More 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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