{"id":1957,"date":"2017-12-25T07:13:58","date_gmt":"2017-12-25T07:13:58","guid":{"rendered":"http:\/\/www.commercialproperty.review\/?p=1957"},"modified":"2026-10-15T14:57:43","modified_gmt":"2026-10-15T14:57:43","slug":"review-investment-aipl-joy-street-sector-66-gurugram-loss-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2017\/12\/25\/review-investment-aipl-joy-street-sector-66-gurugram-loss-profit\/","title":{"rendered":"Review : Investment in AIPL Joy Street, Sector 66, Gurugram, Loss or Profit"},"content":{"rendered":"

<\/span><\/h3>\n

<\/span><\/strong><\/p>\n

As per Location <\/strong><\/span>
\nThe AIPL Joy Street commercial property investment project (retail shop & office space) is situated on the 60 Meter wide road of sector 66 Gurugram. It is a 3-side open corner property. The project is surrounded by several ready to move and under-construction residential societies.<\/p>\n

The elevation & layout design of the AIPL Joy Street is very attractive. There are more than four thousand ready to move flats and an urban rich residential population of more than eight thousand people, which is a very good sign for commercial property investment i.e. AIPL Joy Street.<\/p>\n

The AIPL Joy Street caters to an immediate catchment of a big crowd of the sector 66, 65, 61, and sector 67 residential societies. It\u2019s a truly high street retail open market to cater to all kinds of shopping, fine dining, and entertainment, fun, business needs of Golf Course Extension Road residents. The AIPL Joy Street is properly visible and walkable to every resident of nearby localities. So can say that the location of the AIPL Joy Street is excellent.<\/p>\n

The AIPL Joy Street is a project offering the perfect integration of retail, commercial, hospitality, and entertainment in a single compound. The project is appealing not just from design, location, and concept perspective but the blueprint reveals that it would be functionally attractive too. The project dubbed as \u201cAIPL Joy Street\u201d will have four different sections to it namely Hospitality, Business first, Leisure, and Entertainment. The design is set to lean towards the contemporary makes making it a premier locale for the desired few.<\/span><\/p>\n

Possession | Construction Update<\/strong><\/span>
\nThe AIPL Joy Street is in the services since the year 2021. AIPL JOY\u00a0 STREET RERA Registration No is:\u00a0157 OF 2017<\/a><\/span><\/p>\n

Advantages | Good Factors<\/strong><\/span>
\nThe Layout design of AIPL Joy Street is world-class. The ground floor and first floor commercial retail shop of this project is properly visible and looks like the high street open market. The ground and first floor retail shops are perfectly designed for maximum visibility to every shop. So the investment in the ground floor and first floor retail shops can give excellent returns in near future, especially the ground floor retail shops.<\/p>\n

The AIPL Joy Street is featuring new methods Serviced Apartments because not only they are fully-furnished and fully-serviced, but also because they are multi-purpose and economical alternatives to hotels for travel executives and other guest executives to stay for short and long periods of time.<\/p>\n

The layout design of commercial office space is also very impressive. The office space is well furnished and designed to cater to every business. AIPL Joy Street has the proper parking space for stakeholders and visiting guests.<\/p>\n

Commercial Real Estate Project Investment Criteria Table<\/strong><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
MUST REQUIRED FACTORS<\/strong><\/td>\nACTUAL FACTS-AIPL JOY STREET<\/strong><\/td>\nGRADING<\/span><\/span><\/strong><\/td>\n<\/tr>\n
Urban Rich Gentry<\/span><\/span><\/strong><\/td>\nHigh Class, Upper Middle Class. Within Walking distance, M3M, Emaar MGF, Adani Brahma, etc<\/td>\nA1<\/strong><\/td>\n<\/tr>\n
Connectivity<\/strong><\/td>\n5-Minute drive from-<\/strong> sector 65, 66, 49 & sector 50 of Gurgaon
\n10-Minute drive from-<\/strong> Sohna road.
\nNearest Metro Station<\/strong> 29-Minutes (Huda City Center)
\nInternational Airpor<\/strong>t-22.5Km (IGI Airport<\/td>\n		A<\/strong><\/td>\n<\/tr>\n
Layout Design<\/span><\/span><\/strong><\/td>\nExcellent, Grand ceiling heights, full of vigor and vitality, wide corridors, proper sitting & walking arrangements, highly visible retail, International standards office space<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Multiple Entries<\/span><\/span><\/strong><\/td>\nYes<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Visibility<\/strong><\/td>\nHighly visible, corner property, wide frontage<\/td>\nA<\/strong><\/td>\n<\/tr>\n
High-Density population<\/strong><\/td>\nWithin a radius of 500-meter more than 25-Thousand Flats and 1-Lakh urban rich people and can denser more in upcoming years.<\/td>\nA1<\/strong><\/td>\n<\/tr>\n
Youthful Footfall<\/strong><\/td>\nYes<\/span><\/span><\/strong><\/td>\nA<\/strong><\/td>\n<\/tr>\n
Public Security<\/strong><\/td>\nPolice Station -15-Minute
\nFire Station 15-Minute<\/td>\n		A<\/strong><\/td>\n<\/tr>\n
Industrial Area<\/strong><\/td>\nWithin 2-Km, Badshahpur<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Urban\/Civic Facilities<\/strong><\/td>\nMaximum facilities available<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Developers Credibility<\/strong><\/td>\nQuality Construction & Maintenace, GOLD Standard Developer <\/span><\/span><\/strong><\/td>\nA<\/strong><\/td>\n<\/tr>\n
Price Comparison<\/strong><\/td>\nCompetitive price<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Competitors<\/strong><\/td>\nSeveral competitors within a radius of 500-Meter <\/span><\/span><\/strong><\/td>\nB<\/strong><\/td>\n<\/tr>\n
Expected ROI<\/span><\/span><\/strong><\/td>\n6% to 8% Annually<\/td>\nA<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Advice<\/strong><\/span>
\nThe AIPL Joy Street is the right choice for investment for those who are looking for ROI within a year or so. They can get a real appreciation of value for resale in a couple of years.<\/span><\/p>\n

The AIPL Joy Street ground floor and first floor retail commercial shops are much better investment options than office space and serviced apartments of this project.<\/p>\n

These days the developer of the AIPL Joy Street, offering many attractive schemes to customers to invest in this property such as the 12% assured return, lease guaranty, and other greedy payment plans, etc.<\/p>\n

Basically, the assured return & lease guaranty is nothing, the real estate developers sell their low money property at a very higher price to you and return your hard-earned money in the name of the assured return & monthly rent to you in the form of EMI.<\/p>\n

Actually, the assured return plan is a trick of fundraising. The real estate developer sells its non-salable property with a greedy plan on a very higher price, to innocent customers in the name of assured return. They are making you fool.<\/p>\n

Key Point<\/strong>
\nIf construction\/possession of the AIPL Joy Street is complete in the set time frame or on before set time frame than this commercial project will give excellent returns to investors because at present there is no ready to move, good location Mall\/High Street retail\/entertainment facility type project available for nearby residents of Golf Course Extension Road Gurgaon.<\/p><\/blockquote>\n

Drawbacks | Bad Factors<\/strong><\/span>
\nSector 61, 62, 65, and sector 66, is already cross the limit of commercial property development. Actually, there is no need for new commercial projects in this location i.e. Golf Course Extension Road. But to see the prime location, advance stage construction, and excellent layout design\/concept, we can hope that the AIPL Joy Street will perform well.<\/span><\/p>\n

The construction and possession of the project\u00a0may depend on the sale of shops\/space, so the project may be the delay.<\/p>\n

Products & Developer<\/strong><\/span>
\nAIPL Joy Street is under development by the AIPL Group (Advance India Projects Limited). It\u2019s a commercial property. This project consists of Ground & First Floor:<\/strong> High Street Retail | Second Floor:<\/strong> Food Courts, Restaurant, and a Flea Market | Third & Fourth Floor:<\/strong> Multiplex- Movie Theaters | Fifth to Seventh Floor:<\/strong> Serviced Offices and Serviced Apartments.<\/p>\n

Builders Profile | Track Record\u00a0<\/strong><\/span><\/p>\n\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\"\"<\/td>\n<\/tr>\n
PREDECESSOR<\/strong><\/td>\nAdvance Indian Projects Limited<\/td>\n<\/tr>\n
FOUNDED<\/strong><\/td>\n1997<\/td>\n<\/tr>\n
FOUNDERS<\/strong><\/td>\nGurdeep Singh, Rachpal Singh<\/td>\n<\/tr>\n
KEY PEOPLE<\/strong><\/td>\nHarpreet Kaur Gadh, Shabeg Singh, Harinder Singh, Jagdish Kaur, Jasvinder Singh Vohra, Daljeet Singh, Gurdeep Singh, Bala Krishna Pandey<\/td>\n<\/tr>\n
COMPANY | PROMOTERS<\/strong><\/td>\nAIPL<\/td>\n<\/tr>\n
AREA SERVED<\/strong><\/td>\nPAN India, Delhi ( NCR), Punjab, Rajasthan, and Maharashtra<\/td>\n<\/tr>\n
PRODUCTS<\/strong><\/td>\nCommercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail, Apartments<\/td>\n<\/tr>\n
PROJECTS COMPLETED<\/strong><\/td>\nGurugram:- The Masterpiece | Delhi:- Okhla Industrial Estate Phase-3, | Noida:- Greenfort, | Amritsar:- The Celebration Mall, | Udaipur:- The Celebration Mall, | Gobindgarh:- Celebration Bazar<\/td>\n<\/tr>\n
PROJECTS ONGOING<\/strong><\/td>\nGurugram:- AIPL Business Club, AIPL Joy Street<\/a>, <\/span>AIPL Joy Square<\/span><\/a>, AIPL Joy Central<\/a><\/span>, | Jalandhar: AIPL Joy City<\/td>\n<\/tr>\n
PROJECTS UPCOMING<\/strong><\/td>\n\u00a0<\/span><\/td>\n<\/tr>\n
DELIVERY TRACK RECORD<\/strong><\/td>\nGood<\/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 & maintenance<\/td>\n<\/tr>\n
RISK<\/strong><\/td>\nUpdating soon…<\/span><\/td>\n<\/tr>\n
DEBT<\/strong><\/td>\nYes<\/td>\n<\/tr>\n
LITIGATION\u00a0<\/strong><\/td>\nNo case in the Indian courts<\/td>\n<\/tr>\n
OFFICE ADDRESS<\/strong><\/td>\nRegistered Office
\nThe Masterpiece, Golf Course Road, Sector \u2013 54, Gurugram \u2013 122 002, Haryana, Tel: +91 – 92111 60000, Email: connect@aipl.com<\/td>\n<\/tr>\n
BUILDER CATEGORY<\/strong><\/span><\/span>
\n<\/strong><\/td>\n		GOLD<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The AIPL Builder ( Advance India Projects Limited) has a good market reputation in the real estate industry. He has successfully handover several residential and commercial projects in the Gurugram (Gurgaon). So the investor can invest in this project without any hassle.<\/p>\n

Price | Lease Price<\/strong><\/span>
\nAIPL Joy Street retail shops & serviced apartments price start from approx:-<\/p>\n\n\n\n\n\n\n\n
UNIT TYPE<\/strong><\/td>\nSIZE (Sq Ft)<\/strong><\/td>\nPRICE (PSF)<\/strong><\/td>\n<\/tr>\n
Ground Floor Shop<\/td>\n350 Onwards<\/td>\n17,500-21,5000<\/td>\n<\/tr>\n
First Floor Shop<\/td>\n300 Onwards<\/td>\n11,600-17,000<\/td>\n<\/tr>\n
Serviced Apartments<\/td>\n672<\/td>\n7500-9000<\/td>\n<\/tr>\n
Office Space<\/td>\nAs per requirement<\/td>\n6500-7500<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

\"AIPL<\/p>\n

Conclusion <\/strong><\/span>
\nThe AIPL Joy Street is good for retail business startups.
\nThe investment of AIPL Joy Street may get a minimum of 6% per annum return if the builder completes this project on or before the set time frame.<\/p>\n

Serviced Apartments of AIPL Joy Street can be a good investment option if they are pre-leased to any reputed hospitality brand.<\/p>\n

<\/span><\/h3>\n

<\/span><\/strong><\/p>\n

NOTE: <\/strong>BEFORE INVESTING DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE PURCHASE OF RENTING.<\/span><\/p>\n

<\/h3>\n","protected":false},"excerpt":{"rendered":"

The Layout design of AIPL Joy Street is world class. The ground floor and first floor commercial retail shop of this project is properly visible and looks like the high street open market. The ground and first floor retail shops are perfectly designed for maximum visibility to every shop. So the investment in the ground floor and first floor retail shops can give excellent returns in near future, especially the ground floor retail shops.<\/p>\n","protected":false},"author":1,"featured_media":6437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[334,494,914,545,479,694,828,220,491,422,421,221,392,256,255,376,389,910,510,558,331,679,272,495,249,513,480,911,829],"gp_videos":[],"class_list":["post-1957","post","type-post","status-publish","format-standard","has-post-thumbnail","category-review","tag-advice","tag-aipl-joy-street-review","tag-builders","tag-commercial","tag-construction-update","tag-cpr","tag-expert","tag-feedback","tag-golf-course-extension-road","tag-gurgaon","tag-gurugram","tag-investment","tag-lease","tag-mall","tag-office-space","tag-possession","tag-price","tag-profile","tag-projects","tag-property","tag-ratings","tag-real-estate","tag-retail","tag-sector-66","tag-serviced-apartments","tag-shop","tag-status","tag-track-record","tag-views"],"yoast_head":"\nAIPL Joy Street Sector 66 Gurugram Review: 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