{"id":1251,"date":"2017-10-18T11:49:56","date_gmt":"2017-10-18T11:49:56","guid":{"rendered":"http:\/\/www.commercialproperty.review\/?p=1251"},"modified":"2026-10-15T15:13:57","modified_gmt":"2026-10-15T15:13:57","slug":"review-investment-in-omaxe-india-trade-center-greater-noida-loss-of-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2017\/10\/18\/review-investment-in-omaxe-india-trade-center-greater-noida-loss-of-profit\/","title":{"rendered":"Review : Investment in Omaxe India Trade Center, Greater Noida, Loss of Profit"},"content":{"rendered":"

<\/strong>
\nAs per Location<\/strong>
\nThe Omaxe India Trade Center is located at the main road of the Alpha Commercial Belt. It\u2019s a corner 2-side open commercial property.\u00a0 This project is along with the Metro Track, and walking distance from Alpha Commercial Belt Metro Station.<\/p>\n

The Omaxe ITC is just 5-minutes drive from famous Pari Chowk & Noida Greater Noida Expressway. The Project is also very close to several government offices such as Greater Noida Authority, UP Pollution Control Board, Sub Registrar Gautam Budh Nagar, RERA Office Greater Noida, Yamuna Expressway Industrial Development Authority, etc. Overall, the Omaxe India Trade Center is an approachable location project.<\/p>\n

Possession<\/strong>
\nThe Omaxe India Trade Center is under construction. This project is already delayed by more than 3-years but now a day the Omaxe builder is in the position to give the possession within 6 to 7 months.<\/p>\n

\"Omaxe<\/p>\n

Drawbacks | Bad Factors<\/strong>
\nActually, the Greater Noida is a low-density population area and low-density is good for the living but not for large-scale commercial developments and the Alpha Commercial Belt Greater Noida already cross the limit of commercial property developments many years ago.<\/span><\/p>\n

Actually, from Alpha Commercial Belt to Delta One metro station (Along with Metro Track) has oversupplied commercial project. There is a big gap in demand and supply. The supply is very high in comparison to demand. Alpha commercial Belt is already sufficient to cater to the daily shopping needs and other commercial needs of the nearby residents of nearby localities.\u00a0 Already several big brands retail stores working fine in the Alpha Commercial Belt, commercial complexes such as Domino’s Pizza, Pizza Hut, Patanjali Mega Store, Kotak Mahindra Bank, Samsung Mobile Store, IndusInd Bank, Axis Bank, and many more, etc.<\/p>\n

Already several office spaces and retail spaces are vacant and available for sale and lease in Alpha Commercial Belt commercial complexes. And which is in the services for more than ten years. At present, there is more than 40 percent of retail space are vacant in the Alpha Commercial Belt.<\/p>\n

\"omaxe<\/p>\n

Key Point<\/strong>
\nThe Greater Noida is a well-planned city. There are so many well planned residential townships, flats, societies, Schools, colleges, and universities, but there are no industries, manufacturing units, and other business industries. There is a lot of hooliganism in the Greater Noida that\u2019s why it is difficult to do business here. We can say that the Greater Noida is no gentlemen\u2019s land.<\/p>\n

The maximum residential societies\/flats are vacant or low population density and most of these are college students. At present, the Greater Noida has become an education hub.<\/p>\n

Products & Developer<\/strong>
\nThe Omaxe India Trade Center is under developing by Omaxe Limited. The Omaxe India Trade Center consists of retail shops, office space, hotels, and fully furnished Serviced Apartments, etc.<\/p>\n

Builder Profile | Track Record<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/strong><\/td>\n\"Omaxe,<\/td>\n<\/tr>\n
PREDECESSOR<\/strong><\/td>\nOmaxe Limited<\/td>\n<\/tr>\n
FOUNDED<\/strong><\/td>\n1989<\/td>\n<\/tr>\n
FOUNDERS<\/strong><\/td>\nRohtas Goel<\/td>\n<\/tr>\n
KEY PEOPLE<\/strong><\/td>\nMohit Goel, Sudhangshu S. Biswal, Gurnam Singh, Devidas Kashinath Kamble<\/td>\n<\/tr>\n
COMPANY | PROMOTERS<\/strong><\/td>\nOmaxe<\/td>\n<\/tr>\n
AREA SERVED<\/strong><\/td>\nPAN INDIA:- Chandigarh, Faridabad, Indore, Greater Noida, Ludhiana, Noida, Lucknow, Jaipur, Sonipat, Vrindavan, Prayagraj, Ghaziabad, Amritsar, Delhi, Gurgaon<\/td>\n<\/tr>\n
PRODUCTS<\/strong><\/td>\nApartments, Villas, Commercial offices, Shopping Malls, Retail, Hotels, Multiplex, Golf courses<\/td>\n<\/tr>\n
PROJECT COMPLETED<\/strong><\/td>\nWorld Street, Faridabad\u00a0 \u00a0<\/span>
\nOmaxe City Street Market, Jaipur
\nShubhangan Street Market, Jaipur
\nOmaxe Celebrations Mall, Gurgaon
\nIndia Trade Center, Greater Noida<\/span><\/a>
\nOmaxe City Center, Gurgaon
\nOmaxe Gurgaon Mall, Gurgaon
\nOmaxe Plaza Indirapuram, Delhi
\nOmaxe Mall, Patiala
\nOmaxe Value Mall, Amritsar
\nOmaxe SRK Mall, Agra
\nOmaxe Central Market RC-7, Jaipur
\nOmaxe City- Omaxe Plaza, Sonepat
\nOmaxe Avenue, Lucknow
\nOmaxe Hazratganj, Lucknow
\nOmaxe Novelty Mall, Amritsar
\nOmaxe Palm Court, Greater Noida
\nNRI City Center, Greater Noida
\nOmaxe Arcade, Greater Noida
\nPearls Omaxe, Delhi
\nOmaxe Square, Delhi
\nOmaxe Galleria, Bahadurgarh
\nOmaxe City Gate, Bahadurgarh
\nOmaxe Plaza, Ludhiana
\nOmaxe Royal Arcade, Ludhiana<\/td>\n<\/tr>\n
PROJECTS ONGOING<\/strong><\/td>\nOmaxe Chowk, Delhi
\nBeacon Street, New Chandigarh
\nKrishna Crest, Vrindavan
\nOmaxe Hi Fun, Faridabad
\nRoyal Street, Faridabad
\nClockton High Street, New Chandigarh
\nHoliday Inn, New Chandigarh
\nIndia Trade Tower, New Chandigarh
\nInternational Trade Tower, New Chandigarh
\nOmaxe Connaught Place, Greater Noida<\/td>\n<\/tr>\n
DELIVERY TRACK RECORD<\/strong><\/td>\nDelay Possession<\/td>\n<\/tr>\n
NET WORTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
STRENGTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
COMMITMENT<\/strong><\/td>\nQuality Construction<\/td>\n<\/tr>\n
RISK<\/strong><\/td>\nDelay Possession, long wait<\/td>\n<\/tr>\n
DEBT<\/strong><\/td>\nDefaulter (The builder is in the defaulter list of Noida & Greater Noida Authority<\/a>)<\/span><\/td>\n<\/tr>\n
LITIGATION\u00a0<\/strong><\/td>\nFacing unfair trade practice charges in Indian courts<\/a><\/span><\/td>\n<\/tr>\n
OFFICE ADDRESS\u00a0<\/strong><\/td>\nCORPORATE OFFICE
\nOmaxe House, 7, LSC, Kalkaji, New Delhi \u2013 110019 (India)<\/td>\n<\/tr>\n
BUILDER CATEGORY<\/strong><\/span><\/span><\/td>\nGOLD<\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Price | Lease Price<\/strong>
\nOmaxe India Trade Center fully furnished serviced apartments & retail space price starts at approx:-<\/p>\n\n\n\n\n\n\n\n
UNIT TYPE<\/strong><\/td>\nFLOOR<\/strong><\/td>\nPRICE (PSF)<\/strong><\/td>\nLEASE PRICE (PSF)<\/strong><\/td>\n<\/tr>\n
Serviced Apartments<\/td>\n3rd and above<\/td>\n6000-6500<\/td>\n15,000-20,000 Per Month<\/td>\n<\/tr>\n
Retail Shop<\/td>\nGround Floor<\/td>\n16,000-17,000<\/td>\n100-120<\/td>\n<\/tr>\n
Retail Shop<\/td>\nUpper Ground<\/td>\n10,000-11,000<\/td>\n70-80<\/td>\n<\/tr>\n
Retail Shop<\/td>\nFirst Floor<\/td>\n8000-9000<\/td>\n50-60<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The price is reasonable for investment.<\/p>\n

Conclusion<\/strong>
\nActually, the investment may take a very long time to grow. The serviced apartments of Omaxe ITC can be a good investment option if they are pre-leased to any reputed hospitality brand.<\/span><\/p>\n

<\/strong><\/h3>\n

NOTE:<\/strong> BEFORE INVESTING, DO YOUR OWN RESEARCH<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Actually, the investment may take a very long time to grow. The serviced apartments of Omaxe ITC can be a good investment option if they are pre-leased to any reputed hospitality brand.<\/p>\n","protected":false},"author":1,"featured_media":2606,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[334,404,406,914,246,828,220,289,221,392,255,405,407,376,389,910,331,403,249,911,829],"gp_videos":[],"class_list":["post-1251","post","type-post","status-publish","format-standard","has-post-thumbnail","category-review","tag-advice","tag-alpha-commercial-belt","tag-alpha-2","tag-builders","tag-commercial-property","tag-expert","tag-feedback","tag-greater-noida","tag-investment","tag-lease","tag-office-space","tag-omaxe-india-trade-center-review","tag-omaxe-itc","tag-possession","tag-price","tag-profile","tag-ratings","tag-reviews","tag-serviced-apartments","tag-track-record","tag-views"],"yoast_head":"\nOmaxe India Trade Center Greater Noida Review: Location & 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