{"id":197,"date":"2017-08-25T13:07:41","date_gmt":"2017-08-25T13:07:41","guid":{"rendered":"http:\/\/www.commercialproperty.review\/?p=197"},"modified":"2026-10-15T15:36:28","modified_gmt":"2026-10-15T15:36:28","slug":"review-investment-in-mmr-52nd-avenue-sector-52-noida-loss-or-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2017\/08\/25\/review-investment-in-mmr-52nd-avenue-sector-52-noida-loss-or-profit\/","title":{"rendered":"Review : Investment in MMR 52nd Avenue, Sector 52 Noida, Loss or Profit"},"content":{"rendered":"

<\/strong>
\nAs per Location <\/strong>
\nMMR 52nd Avenue Mall is situated on the main road of Sector 52 Noida. It’s a 3-side open corner property. The project has a wide frontage. The project is at the front of sector 52 Noida metro station.<\/p>\n

MMR 52nd Avenue is just a 25-minutes drive from Hindon Domestic Airport. The project is just a 10-minutes drive from NH-24 Highway. MMR-52nd Avenue is just a 5-minutes drive from Noida elevated road. The project is just a 20-minutes drive from Noida Greater Noida Expressway.<\/p>\n

MMR 52nd Avenue is the central location of high-density population areas of central Noida such as sector 51, 52, 57, 60, 61, 70 and sector 71 Noida. Overall, the MMR 52nd Avenue is an approachable location project.<\/p>\n

Possession | Construction Update<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Construction Status<\/strong><\/td>\nUnder Construction<\/td>\n<\/tr>\n
RERA Registration No<\/strong><\/td>\nMMR 52ND Avenue – UPRERAPRJ7156<\/a><\/span><\/td>\n<\/tr>\n
Start\/Launch Date<\/strong><\/td>\nMay-2013<\/td>\n<\/tr>\n
Possession Date<\/strong><\/td>\nDecember-2020<\/td>\n<\/tr>\n
Construction Stage<\/strong><\/td>\nOngoing<\/td>\n<\/tr>\n
Construction Company<\/strong><\/td>\nSkyline Engg. Contracts (I) Private Limited<\/td>\n<\/tr>\n
Architect Name<\/strong><\/td>\nDeepali Srivastava<\/td>\n<\/tr>\n
Live Updates<\/strong><\/td>\n<\/td>\n<\/tr>\n
COVID-19 Lockdown Status<\/strong><\/td>\nCOVID-19, an event of ‘Force Majeure’. Completion\/Possession extended for 6 months for all projects expiring on or after 25.03.2020 by the Government.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"MMR<\/p>\n

Advantages | Good Factors<\/strong>
\nMMR 52nd Avenue is very well connected to the multiple public transportations and other civic facilities. The sector 52 Noida metro station is the closest to this project.<\/p>\n

MMR 52nd Avenue is right in the middle of several high-density localities of central Noida such as sector 51, 52, 57, 60, 61, 70,\u00a0 and sector 71 of Noida. There is more than 50-thousand urban rich residential population. And that is a very good sign for investment in MMR-52nd Avenue.<\/p>\n

Fact Check<\/strong>
\nApart from some front-facing ground floor retail shops of this project all the other shops are not very impressive layout design.<\/p>\n

Commercial Real Estate Project Investment Criteria Table<\/strong><\/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-MMR 52ND AVENUE<\/strong><\/td>\nGRADING<\/span><\/span><\/strong><\/td>\n<\/tr>\n
Urban Rich Gentry<\/span><\/span><\/strong><\/td>\nUpper Middle Class, Middle Class, Urban Poor. Within walking distance several residential societies.<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Connectivity<\/strong><\/td>\n10-Minute drive from-<\/strong> NH-24, Sector 121 Noida.
\nNearest Metro Station<\/strong> Walking distance (Sector 52)
\nDomestic Airpor<\/strong>t-18.8Km (Hindon Airport)<\/td>\n		A<\/strong><\/td>\n<\/tr>\n
Layout Design<\/span><\/strong><\/span><\/td>\nNot very impressive<\/td>\nB<\/strong><\/td>\n<\/tr>\n
Multiple Entries<\/span><\/strong><\/span><\/td>\nYes More Than 6 Entries<\/td>\nA1<\/strong><\/td>\n<\/tr>\n
Visibility<\/strong><\/td>\nHighly visible, 3-side open corner property, very wide frontage<\/td>\nA1<\/strong><\/td>\n<\/tr>\n
High-Density population<\/strong><\/td>\nMore than 50-Thousand Flats and 2-Lakh urban rich people within walking distance and can denser more in upcoming years.<\/td>\nA1<\/strong><\/td>\n<\/tr>\n
Youthful Footfall<\/strong><\/td>\nSector-57 & Sector 62 Noida<\/span><\/span><\/strong><\/td>\nA<\/strong><\/td>\n<\/tr>\n
Public Security<\/strong><\/td>\nPolice Station -10-Minute
\nFire Station 10-Minute<\/td>\n		A<\/strong><\/td>\n<\/tr>\n
Industrial Area<\/strong><\/td>\nWithin 3-Km, Sector 63, 64, 65 Noida<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Urban\/Civic Facilities<\/strong><\/td>\nMaximum facilities available<\/td>\nA1<\/strong><\/td>\n<\/tr>\n
Developers Credibility<\/strong><\/td>\nZero <\/span><\/span><\/strong><\/td>\nC<\/strong><\/span><\/td>\n<\/tr>\n
Price Comparison<\/strong><\/td>\nLittle bit high<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Competitors<\/strong><\/td>\nSpectrum Metro<\/span><\/a>, Anthurium<\/span><\/a><\/td>\nB<\/strong><\/td>\n<\/tr>\n
Expected ROI<\/span><\/span><\/strong><\/td>\n4% to 5% Annually<\/td>\nB<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

ALSO READ:<\/strong>\u00a0How to Double Your Money by Investing in Commercial Real Estate<\/strong><\/a><\/span><\/p>\n

Advice<\/strong>
\nMaximum Mall or Mall type properties are not the good and safe investment options in the Ghaziabad, Noida and Greater Noida area. Maximum investors who invested in Mall type properties are in 99% loss.<\/p>\n

Actually, the Malls which are up for sale get defective. Only those Malls are working fine which has at least 75% stake for lease otherwise all other Mall type properties are the investment of 99% loss. Only a few Malls are running fine in Noida & Ghaziabad area such as Shipra Mall, DLF Mall Of India & GIP, etc. And all the above-said Malls has more than 75% stake for lease only<\/p>\n

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

The Maintenance cost is always high in Mall type properties and after completion possession, investors may face problems in leasing their retail space in this project.<\/p>\n

MMR 52ND Avenue Price & Developers Delivery Track Record Comparison With Other surrounding Residential Projects of Central Noida<\/strong><\/span><\/p>\n\n\n\n\n\n\n
PROJECT NAME<\/strong><\/td>\nPRICE (PSF)<\/strong><\/td>\nPOSSESSION RECORD\/REMARKS<\/strong><\/td>\n<\/tr>\n
MMR52nd Avenue<\/span><\/td>\nRetail-29,000-30,000
\nOffice-8,750
\nStudio-8,995<\/span><\/td>\n		Delay, possession date changed several times<\/span><\/td>\n<\/tr>\n
Spectrum Metro<\/a><\/span><\/td>\nRetail-21,000-30,000<\/span>
\nOffice-8,000<\/span>
\nStudio8,500<\/span><\/td>\n		Phase-1 delivered on-time, phase-3&4 ongoing, finest layout & location<\/span><\/td>\n<\/tr>\n
Anthurium<\/span><\/a><\/td>\nIT-Office-6,000<\/td>\nMay be delay<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

These days the developer of the MMR 52nd Avenue, offering many attractive schemes to customers to invest in this property such as 12% assured return, lease guaranty, and other greedy payment plans, etc.<\/span><\/p>\n

Basically, the Assured Return & Lease guaranty is a trick of fundraising by fooling the public. Actually, the Assured return and Lease guaranty payment plans gives in those immovable projects\/properties, which are difficult to sell.<\/span><\/p>\n

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 & Monthly Rent to you in the form of EMI.<\/span><\/p>\n

Builders 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\n
\u00a0<\/strong><\/td>\n\"MMR<\/td>\n<\/tr>\n
PREDECESSOR<\/strong><\/td>\nMmr Construction Company Private Limited, Mmr Infrastructure Developers Private Limited,\u00a0 MMR Saha Infrastructure Private Limited<\/td>\n<\/tr>\n
FOUNDED<\/strong><\/td>\n2008<\/td>\n<\/tr>\n
FOUNDERS<\/strong><\/td>\nMahipal Singh Raghav<\/td>\n<\/tr>\n
KEY PEOPLE<\/strong><\/td>\nMohit Singh Raghav, Rahul Raghav,<\/td>\n<\/tr>\n
COMPANY | PROMOTERS<\/strong><\/td>\nMMR<\/td>\n<\/tr>\n
PRODUCTS<\/strong><\/td>\nCommercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail, Apartments<\/td>\n<\/tr>\n
AREA SERVED<\/strong><\/td>\nDelhi-NCR (Delhi, Noida, Greater Noida, Ghaziabad)<\/td>\n<\/tr>\n
PROJECTS COMPLETED<\/strong><\/td>\nMMR Corporate Greens, MMR Grand Mall,<\/td>\n<\/tr>\n
PROJECTS ONGOING<\/strong><\/td>\nMMR 52nd Avenue<\/td>\n<\/tr>\n
PROJECTS UPCOMING<\/strong><\/td>\n\u00a0<\/span><\/td>\n<\/tr>\n
DELIVERY TRACK RECORD<\/strong><\/td>\nCheck your self<\/td>\n<\/tr>\n
NET WORTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
STRENGTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
COMMITMENT<\/strong><\/td>\nCheck your self & Take feedback from existing investors<\/td>\n<\/tr>\n
RISK<\/strong><\/td>\nMay be delay possession, Investment may be stuck for a long time<\/td>\n<\/tr>\n
DEBT<\/strong><\/td>\nYes<\/td>\n<\/tr>\n
LITIGATION\u00a0<\/strong><\/td>\nUpdating soon…<\/td>\n<\/tr>\n
OFFICE ADDRESS<\/strong><\/td>\nMMR House, B-11
\nNoida-201307
\nPhone: +91-9540666608
\n+91-8588944468
\nEmail: info@mmrgroup.co.in<\/td>\n<\/tr>\n
BUILDER CATEGORY<\/span><\/strong><\/span><\/td>\nBRONZE<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Price | Lease Price<\/strong>
\nMMR 52nd Avenue retail shops, office spaces, serviced apartments, studio apartments, food courts, medical points sale price start from approx:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
UNIT TYPE<\/strong><\/td>\nFLOOR<\/strong><\/td>\nPRICE (PSF)<\/strong><\/td>\n<\/tr>\n
Retail Shop<\/td>\nGround<\/td>\n29,995<\/td>\n<\/tr>\n
Retail Shop<\/td>\nFirst<\/td>\n24,995<\/td>\n<\/tr>\n
Retail Shop<\/td>\nSecond<\/td>\n20,000<\/td>\n<\/tr>\n
Anchor Store<\/td>\n<\/td>\n160,000<\/td>\n<\/tr>\n
Food Courts<\/td>\n3rd Floor<\/td>\n12,000<\/td>\n<\/tr>\n
Medical Point<\/td>\n4th-5th<\/td>\n9,000<\/td>\n<\/tr>\n
Office Space<\/td>\n7th-10th<\/td>\n8,750<\/td>\n<\/tr>\n
Studio Apartments<\/td>\n12th-18th<\/td>\n8,995<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Conclusion<\/strong>
\nThe Investments in MMR 52nd Avenue may take a long time to grow. So invest carefully.<\/span><\/p>\n

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

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

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

The investors who have their money into the project are already trying to sell their property and recover their capital. It has been a cumbersome experience for investors who deal with soft launch projects along Noida or any other location along Delhi NCR.<\/p>\n

The MMR 52nd Avenue Mall is already delayed more than two years, and now a day\u2019s construction is very slow. It\u2019s only a risk, otherwise, it’s excellent location. <\/p>\n","protected":false},"author":1,"featured_media":6398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[334,914,283,545,995,479,828,220,221,392,256,356,299,255,376,389,910,510,558,331,679,272,342,582,249,513,480,282,911,829],"gp_videos":[],"class_list":["post-197","post","type-post","status-publish","format-standard","has-post-thumbnail","category-review","tag-advice","tag-builders","tag-central-noida","tag-commercial","tag-comparison","tag-construction-update","tag-expert","tag-feedback","tag-investment","tag-lease","tag-mall","tag-mmr-52nd-avenue-review","tag-noida","tag-office-space","tag-possession","tag-price","tag-profile","tag-projects","tag-property","tag-ratings","tag-real-estate","tag-retail","tag-sector-52","tag-sell","tag-serviced-apartments","tag-shop","tag-status","tag-studio-apartments","tag-track-record","tag-views"],"yoast_head":"\nMMR 52nd Avenue Sector 52 Noida Review: 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