{"id":251,"date":"2017-09-03T07:55:03","date_gmt":"2017-09-03T07:55:03","guid":{"rendered":"http:\/\/www.commercialproperty.review\/?p=251"},"modified":"2026-10-16T23:52:52","modified_gmt":"2026-10-16T23:52:52","slug":"review-investment-boulevard-walk-noida-extension-loss-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2017\/09\/03\/review-investment-boulevard-walk-noida-extension-loss-profit\/","title":{"rendered":"Review : Investment in Boulevard Walk, Noida Extension, Loss or Profit"},"content":{"rendered":"

<\/strong>
\nAs per Location<\/strong>
\nThe Boulevard Walk (BW Mall) is situated in the prime location of the Noida Extension (Greater Noida West), it is located on the entry side 130 ft wide road, connecting to the Crossings Republik and Kishan Chowk of Noida extension.<\/p>\n

Boulevard Walk is close to several residential group housing projects such as Gaur City, Amrapali Golf Homes, etc.<\/p>\n

Possession | Construction Update<\/strong><\/p>\n\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>\nBoulevard Walk Mall – UPRERAPRJ7271<\/td>\n<\/tr>\n
Start\/Launch Date<\/strong><\/span><\/td>\nBefore October-2014<\/span><\/td>\n<\/tr>\n
Possession Date Before RERA<\/strong><\/span><\/td>\nDecember-2018 (Expired)<\/span><\/td>\n<\/tr>\n
Possession Date After RERA<\/strong><\/span><\/td>\nMarch-2020 (Expired)<\/span><\/td>\n<\/tr>\n
Present Possession Status<\/strong><\/span><\/td>\nstill under construction (as on Date July-2020)<\/span><\/td>\n<\/tr>\n
Construction Stage<\/strong><\/span><\/td>\nStill under construction<\/span><\/td>\n<\/tr>\n
Construction Company<\/strong><\/td>\n<\/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
<\/div>\n

Drawbacks | Bad Factors<\/strong>
\nThe Home Home and Soul group is not an experienced real estate developer. Basically, this group is related to the real estate brokerage firm Investors Clinic (IC).<\/p>\n

The Kisan Chowk and Buddha Chowk of the Noida Extension have oversupplied commercial projects. This location already crosses the limit of commercial property development.<\/p>\n

It is a fact, that Boulevard Walk (BW Mall) is a prime location commercial property, but in this prime location, several other Mall type properties also exist such as Gaur City Centre, Gaur City Mall, Ats Kabana High, Galaxy Diamond Plaza,\u00a0 Galaxy Blue Sapphire Plaza, Mahagun Marina Walk,\u00a0 IDI London Mart, PKS Town Centra,\u00a0 Fusion Ufairia Mall, Saya South-X,\u00a0 Ocean Golden-i, NX One, etc.<\/p>\n

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. There is a big gap in demand and supply. The supply is very high in comparison of the demand of these same types of commercial projects\/properties in this location.<\/p>\n

So all these Mall type properties are creating investment competition at this location. So the investors can face problems in leasing and selling their retail shops, office spaces, studio apartments, serviced apartments, etc. And can face more critical conditions in the future.<\/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\u00a0 Shipra Mall, GIP Mall, 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 Boulevard Walk are dependent on the sale of shops\/spaces, so the project may be the delay.<\/span><\/p>\n

Boulevard Walk Mall Price & Developers Delivery Track Record Comparison With Other surrounding Commercial Projects Of Noida Extension<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
PROJECT NAME<\/strong><\/td>\nPRICE (PSF)<\/strong><\/td>\nPOSSESSION RECORD<\/strong><\/td>\n<\/tr>\n
BW<\/a><\/span> Walk Mall<\/a><\/span><\/td>\nOffice-7,000<\/span>
\nRetail-<\/span><\/td>\n		Delay, possession date revised several times, RERA date has been passed. slow progress.<\/span><\/td>\n<\/tr>\n
Grandthum<\/span><\/strong><\/td>\nOffice-4,250<\/span><\/strong>
\nRetail-17,990<\/span><\/strong><\/td>\n		On-Time, June-2023, deliver several commercial projects on-time in Delhi-NCR<\/span><\/strong><\/td>\n<\/tr>\n
NX-ONE<\/a><\/span><\/td>\nOffice-5,149<\/span>
\nRetail-17990<\/span><\/td>\n		Delay, possession date revised several times, now December-2024<\/span><\/td>\n<\/tr>\n
Gaur City Center<\/span><\/a><\/td>\nOffice-
\nRetail-25,900<\/td>\n		Delay, possession date revised several times, now January-2024<\/td>\n<\/tr>\n
ATS Kabana High<\/span><\/a><\/td>\nOffice-6,000
\nRetail-25,000<\/td>\n		First mega commercial project by this builder, possession May-2026<\/td>\n<\/tr>\n
Galaxy Diamond Plaza<\/span><\/a><\/td>\nOffice-6,490
\nRetail-24,000<\/td>\n		Delay, possession date revised several times, now September-2020<\/td>\n<\/tr>\n
Galaxy Blue Sapphire Plaza<\/span><\/a><\/td>\nOffice-6,499
\nRetail-26,000<\/td>\n		Delay, possession date revised several times, RERA date has been passed. Now the revised RERA date is July-2021<\/td>\n<\/tr>\n
AIMS Central Plaza<\/span><\/a><\/td>\nRetail-23,000<\/td>\nMarch-2021<\/td>\n<\/tr>\n
Gaur World Street<\/a><\/span><\/td>\nRetail-25,900<\/span><\/td>\nMarch-2027<\/span><\/td>\n<\/tr>\n
Mahagun Marina Walk<\/span><\/a><\/td>\nOffice-5,990
\nRetail-28,000<\/td>\n		December-2025<\/td>\n<\/tr>\n
London Mart<\/a><\/span><\/td>\nOffice-<\/span>
\nRetail-19,990<\/span><\/td>\n		Delay, possession date revised several times, now phase-1 July-2022<\/span><\/td>\n<\/tr>\n
Apex Park Square<\/a><\/span><\/td>\nRetail-24,900<\/span><\/td>\nThe first mega commercial project, May-2022<\/span><\/td>\n<\/tr>\n
PKS Town Central<\/span><\/a><\/td>\nRetail-26,000-30,000<\/td>\nDelay, possession date revised several times, Now Phase-1 August-2022, Phase-2 August-2023, Phase-3 August-2024<\/td>\n<\/tr>\n
Ufairia Mall<\/span><\/a><\/td>\nRetail-16,00-20,000<\/td>\nDelay, possession date revised several times, now December-2024<\/td>\n<\/tr>\n
Saya South X<\/a><\/span><\/td>\nRetail-26,500<\/span><\/td>\nThe first mega commercial project, September-2023<\/span><\/td>\n<\/tr>\n
Ocean Golden i<\/span><\/a><\/td>\nUpdating<\/td>\nDelay, possession date revised several times, now June-2022<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

REVIEW VIDEO BOULEVARD WALK<\/strong><\/p>\n