{"id":2256,"date":"2018-01-23T13:45:15","date_gmt":"2018-01-23T13:45:15","guid":{"rendered":"http:\/\/www.commercialproperty.review\/?p=2256"},"modified":"2026-10-15T14:55:22","modified_gmt":"2026-10-15T14:55:22","slug":"review-investment-idi-london-mart-noida-extension-loss-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2018\/01\/23\/review-investment-idi-london-mart-noida-extension-loss-profit\/","title":{"rendered":"Review : Investment in London Mart, Noida Extension, Loss or Profit"},"content":{"rendered":"

Advice:- Before investing in this project please check the dues of Greater 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.<\/span><\/h3>\n

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As per Location<\/strong>
\nThe London Mart Mall is situated at the Buddha Chowk of Greater Noida West. It is a 2-side open corner property.\u00a0The project is in the central location of several high-rise residential societies such as Cherry County, Supertech Eco Village, RG Residency, Ajnara Home, etc.<\/p>\n

IDI London Mart is just 400-meter away from the famous Kisan Chowk. And just a 10-minutes drive from Crossings Republik & village Shahberi. Overall it’s a good 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>\nLondon Mart – UPRERAPRJ15269<\/span><\/a><\/td>\n<\/tr>\n
Start\/Launch Date<\/strong><\/td>\n05-02-2018<\/td>\n<\/tr>\n
Possession Date<\/strong><\/td>\nJuly-2022<\/td>\n<\/tr>\n
Construction Stage<\/strong><\/td>\nOngoing, primary<\/td>\n<\/tr>\n
Construction Company<\/strong><\/td>\nC-Tech Infrastructures (Prabhat Kumar Sharma)<\/td>\n<\/tr>\n
Architect Name<\/strong><\/td>\nSpace Designers International<\/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

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Drawbacks | Bad Factors<\/strong>
\nLondon Mart Mall is a prime location commercial project of Buddha Chowk, Noida Extension. But the drawback is that there is already more than 10 mega Mall type commercial projects are under construction such as Gaur City Center, Gaur City Mall, ATS Kabana High, Galaxy Diamond Plaza, Boulevard Walk Mall, Galaxy Blue Sapphire Plaza, Gaur World Street, Mahagun Marina Walk, PKS Town Central, Fusion Ufairia, Saya South-X,\u00a0 NX-One\u00a0 and Sarvottam Golden-i etc.<\/span><\/p>\n

There is a big gap between demand and supply. The supply is very high in comparison to demand. All the above-said commercial projects are within the 500-meter radius. All the above said commercial properties\/projects are creating an investment competition at this location. So the investors are facing problems in leasing and selling their retail shops, office space serviced apartments, etc in all the above said commercial projects. And can face more critical conditions in the future.<\/span><\/p>\n

Now the question is that, what\u2019s the logic behind all these oversupply commercial? Is there any limit? Actually, there is no proper planning and re-planning for commercial development by the concern development authorities of Uttar Pradesh government. i.e. Noida Authority (Greater Noida Authority).<\/p>\n

How much commercial property is needed and when it is needed the Uttar Pradesh government has no planning. Actually, it\u2019s a System failure and we all are the victims of this pre-planned cheating.<\/p>\n

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

Actually, only a few Malls is running fine in Ghaziabad, Noida and Greater Noida area such as Shipra Mall, GIP Mall and DLF Mall of India, etc otherwise all other Mall type properties are the investment of 99% loss.<\/p>\n

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

REVIEW VIDEO LONDON MART MALL<\/strong><\/p>\n