{"id":3471,"date":"2019-02-02T06:26:58","date_gmt":"2019-02-02T06:26:58","guid":{"rendered":"https:\/\/www.commercialproperty.review\/?p=3471"},"modified":"2026-10-15T14:26:12","modified_gmt":"2026-10-15T14:26:12","slug":"review-investment-in-business-18-jaipur-loss-or-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2019\/02\/02\/review-investment-in-business-18-jaipur-loss-or-profit\/","title":{"rendered":"Review : Investment in Business-18, Jaipur, Loss or Profit"},"content":{"rendered":"

<\/strong>
\nAs per Location<\/strong>
\nThe Business 18 (office space & retail shops) commercial project is situated in Gopalpura Bypass Road, Swami Vihar, Shiv Shakti Nagar, Brijlapura, Jaipur, Rajasthan. It\u2019s a 4-side open corner property with 100% visibility. It is facing towards main road and metro rail track. The other side of this project is facing Dravyavati Riverfront Jaipur. The project has an excellent view. The project is on the route of Delhi, Agra, Kota & Ajmer.<\/p>\n

The Mansarovar metro station is just 1.5 KM away from this project. The Chordias Business-18 is properly connected with the main points of Jaipur City such as Airport, Vidhan Sabha Bhavan, Jaipur Junction, and Sindhi camp bus stand.<\/p>\n

The project is properly visible and walkable to nearby residents and easily accessible to Gopalpura Bypass road passers. The project is very well connected to multiple public transportation facilities and other civic facilities.<\/p>\n

The Business 18 is situated in a high-density population area of Jaipur. There is no other competitor of this project in this area. So we can say that the location of Chordias Business 18, Jaipur is very impressive.<\/p>\n

\"Business-18,<\/p>\n

Possession | Construction Update<\/strong>
\nThe project Business 18 is under construction. The promised date of delivery of the project is in the month of June 2022. The RERA registration no of this project is RAJ\/P\/2018\/704<\/a><\/span><\/p>\n

Advantages | Good Factors<\/strong>
\nThere are more than 1-Lakh residential population surrounding the Business 18 project. It is the only pure commercial property with good amenities in this area of Gopalpura Bypass. Which is a very good sign for commercial property investment. i.e Business 18.<\/p>\n

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

The ground floor commercial retail shops of Chordias Business 18 is also very impressive. The project is good for retail business startups and office setups.<\/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-CHORDIAS BUSINESS-18<\/strong><\/td>\nGRADING<\/span><\/span><\/strong><\/td>\n<\/tr>\n
Urban Rich Gentry<\/span><\/span><\/strong><\/td>\nMiddle Class, Lower Middle Class. More than 1-Lakh residents within 1-Km radius.<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Connectivity<\/strong><\/td>\nProperly connected with multiple public transportation facilities.
\nNearest Metro Station<\/strong>-1.5Km (Mansarover)<\/td>\n		A<\/strong><\/td>\n<\/tr>\n
Layout Design<\/span><\/span><\/strong><\/td>\nVery Impressive, Highly visible retail.<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Multiple Entries<\/span><\/span><\/strong><\/td>\nYes<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Visibility<\/strong><\/td>\nEye-catching visibility<\/td>\nA<\/strong><\/span><\/td>\n<\/tr>\n
High-Density Population<\/strong><\/td>\nWithin walking distance, more than 1-Lakh people.<\/td>\nA<\/strong><\/span><\/span><\/td>\n<\/tr>\n
Youthful Footfall<\/strong><\/td>\nForan & Indian Tourists<\/td>\nA1<\/strong><\/span><\/td>\n<\/tr>\n
Public Security<\/strong><\/td>\nPolice Station -15-Minute drive<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Industrial\/Institutional Area<\/strong><\/td>\nwithin 3-Km<\/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>\n\u00a0SILVER standard Developer<\/span><\/span><\/strong><\/td>\nB<\/span><\/strong><\/span><\/td>\n<\/tr>\n
Price Comparison<\/strong><\/td>\nCompetitive Price<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Competitors<\/strong><\/td>\nA-few competitors<\/td>\nA<\/strong><\/span><\/td>\n<\/tr>\n
Expected ROI<\/span><\/span><\/strong><\/td>\n4% to 6% Annually<\/td>\nA<\/strong><\/span><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Drawbacks | Bad Factors<\/strong>
\nThe Jaipur city is well known for its tourism & handicraft business. But there is a lack of industries and other business houses. The Jaipur is a very polluted city of Rajasthan.<\/p>\n

Advice<\/strong>
\nThis property is best suited if you are willing to hold onto a longer-term for returns as the real estate market would take a couple of more years to appreciate in the locality. As for the location of the property is concerned it is a prime locality with all required amenities located within 2-5 KM. And this is subjected to the real estate market appreciation.<\/p>\n

It is probably not the right choice of investment for those who are looking for ROI in the next year or so. There may not be a real appreciation of value for resale in the next couple of year.<\/p><\/blockquote>\n

Products & Developer<\/strong>
\nThe Business 18 is situated in the Gopalpura Bypass Road, Swami Vihar, Shiv Shakti Nagar, Brijlapura, Jaipur, Rajasthan. This project is under developing by the Chordias Group. (NSG Developers & Infrastructure) The project is consists of commercial retail shops, commercial office space, food courts, Kiosks & entertainment facilities etc.<\/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
\u00a0<\/strong><\/td>\n\"Chordia<\/td>\n<\/tr>\n
PREDECESSOR<\/strong><\/td>\nSN Prop-con Private Limited, RN Build-con Private Limited<\/td>\n<\/tr>\n
FOUNDED<\/strong><\/td>\n1990<\/td>\n<\/tr>\n
FOUNDERS<\/strong><\/td>\nVinay Chordia<\/td>\n<\/tr>\n
KEY PEOPLE<\/strong><\/td>\nNitin Chordia<\/td>\n<\/tr>\n
COMPANY | PROMOTER<\/strong><\/td>\nChordia’s<\/td>\n<\/tr>\n
PRODUCTS<\/strong><\/td>\nApartments, Retail, Townships, Commercial Offices, Villas<\/td>\n<\/tr>\n
AREA SERVED<\/strong><\/td>\nJaipur<\/td>\n<\/tr>\n
PROJECT COMPLETED<\/strong><\/td>\nNone<\/td>\n<\/tr>\n
PROJECTS ONGOING<\/strong><\/td>\nBusiness-18<\/td>\n<\/tr>\n
DELIVERY TRACK RECORD<\/strong><\/td>\nPoor<\/td>\n<\/tr>\n
NET WORTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
STRENGTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
COMMITMENT<\/strong><\/td>\nNot satisfactory<\/td>\n<\/tr>\n
RISK<\/strong><\/td>\nDelay Possession<\/td>\n<\/tr>\n
DEBT<\/strong><\/td>\nYes<\/td>\n<\/tr>\n
LITIGATION\u00a0<\/strong><\/td>\nNo<\/td>\n<\/tr>\n
OFFICE ADDRESS<\/strong><\/td>\nNCG Developers & Infrastructure
\nChordia Enclave- 29 Janpath, Shyan Nagar, Jaipur, 302019, Phone: +91 – 9024200400, +91 – 9829035757, eMail : info@chordiasgroup.com<\/td>\n<\/tr>\n
BUILDER CATEGORY<\/span><\/span><\/strong><\/td>\nSILVER<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Price | Lease Price<\/strong>
\nBusiness 18, Jaipur, office space price start at approx:-<\/p>\n\n\n\n\n\n\n
UNIT TYPE<\/strong><\/td>\nSIZE (Sq Ft)<\/strong><\/td>\nPRICE (PSF)<\/strong><\/td>\n<\/tr>\n
Office Space<\/td>\nMinimum 300<\/td>\n7000<\/td>\n<\/tr>\n
Retail Shops<\/td>\n<\/td>\nUpdating soon<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The price is slightly high for investment. Price should not be more than 5K per sqft all-inclusive for investment.<\/span><\/p>\n

Conclusion<\/strong>
\nBusiness 18 is good for office setups and retail business startups.<\/p>\n

After completion, possession of the Chordias Business-18 Jaipur, investors may get a minimum of 4% per annum return after completion possession of this project if the builder completes this project in the set time frame.<\/p>\n

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

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

NOTE:<\/strong>\u00a0 BEFORE INVESTING, DO YOUR OWN RESEARCH<\/p>\n","protected":false},"excerpt":{"rendered":"

The price is slightly high for investment. Price should not be more than 5K per sqft all inclusive for investment.<\/p>\n","protected":false},"author":1,"featured_media":3474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[334,647,914,643,568,747,545,479,694,649,828,220,644,221,648,392,255,376,389,910,510,558,639,331,679,272,646,513,480,645,911,829],"gp_videos":[],"class_list":["post-3471","post","type-post","status-publish","format-standard","has-post-thumbnail","category-review","tag-advice","tag-brijlapura","tag-builders","tag-business-18-jaipur-review","tag-business-startups","tag-chordia","tag-commercial","tag-construction-update","tag-cpr","tag-dravyavati-riverfront","tag-expert","tag-feedback","tag-gopalpura-bypass-road","tag-investment","tag-jaipur","tag-lease","tag-office-space","tag-possession","tag-price","tag-profile","tag-projects","tag-property","tag-rajasthan","tag-ratings","tag-real-estate","tag-retail","tag-shiv-shakti-nagar","tag-shop","tag-status","tag-swami-vihar","tag-track-record","tag-views"],"yoast_head":"\nBusiness 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