{"id":4942,"date":"2019-06-24T05:49:54","date_gmt":"2019-06-24T05:49:54","guid":{"rendered":"https:\/\/www.commercialproperty.review\/?p=4942"},"modified":"2026-10-15T08:50:05","modified_gmt":"2026-10-15T08:50:05","slug":"review-investment-in-hermitage-plaza-zirakpur-chandigarh-loss-or-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2019\/06\/24\/review-investment-in-hermitage-plaza-zirakpur-chandigarh-loss-or-profit\/","title":{"rendered":"Review : Investment in Hermitage Plaza, Zirakpur, Chandigarh, Loss or Profit"},"content":{"rendered":"

<\/strong><\/span>
\nAs per Location<\/strong>
\nThe Hermitage Plaza is situated at K Area, NAC Zirakpur, Near Bauli Sahib Gurudwara Chandigarh. The project is right in the middle of the high-density population area of Zirakpur.<\/p>\n

Chandigarh international airport is just a 15-minutes drive from Hermitage Plaza. The project is properly connected with the main points of Chandigarh & Zirakpur city. The Hermitage Plaza is very well connected to the residential sectors of Zirakpur.<\/p>\n

Prominent institutions & schools are in the closest proximity such as Kendriya Vidyalaya, Delhi World Public School, etc. The Hermitage Plaza is very well connected to multiple public transpiration facilities and other civic facilities. Overall, Hermitage Plaza is an approachable location commercial property.<\/p>\n

Possession | Construction Update<\/strong>
\nThe Hermitage Plaza is in the services since the year 2019.<\/p>\n

Fact Check <\/strong>
\nIt is the only ready to move in commercial property, adjoined to high-rise residential group housing. Which is a plus point for commercial property investment.<\/p>\n

actually, there are several important factors to successfully run a commercial project such as Prime Location, Maximum Visibil Layout design, Multiple Entries, Easy Approach, Urban-Rich Gentry, Civic Facilities, and Limited Supply. If one of these is also lacking then the project may fail. Actually, commercial property investment is a science. If you understand this then you will become a gainer, otherwise loser.<\/span><\/p>\n

More updating soon…<\/p>\n

Products & Developer<\/strong>
\nThe Hermitage Plaza is developed by the Paradigm Business Venture. The project is consists of retail shops, office space, etc.<\/p>\n

Builders Profile<\/strong>
\nParadigm Business Venture has a good market reputation in Chandigarh real estate market. He has successfully delivered several residential projects in Chandigarh.<\/p>\n

Price | Lease Price<\/strong>
\nHermitage Plaza retail shops, office spaces,\u00a0\u00a0price starts at approx:-<\/p>\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 Shops<\/td>\nLower Ground<\/td>\n7,000-8,000<\/td>\n<\/tr>\n
Retail Shops<\/td>\nUpper Ground<\/td>\n8,500-9,500<\/td>\n<\/tr>\n
Retail Shops<\/td>\nFirst Floor<\/td>\n6,500<\/td>\n<\/tr>\n
Retail Shops<\/td>\nSecond Floor<\/td>\n5,500<\/td>\n<\/tr>\n
Office Space<\/td>\nThird Floor<\/td>\n4500<\/td>\n<\/tr>\n
SOHO<\/td>\n4Th 50 9Th Floor<\/td>\n5,500<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*<\/strong>OTHER CHARGES EXTRA
\n<\/strong><\/p>\n

Conclusion\u00a0<\/strong>
\nHermitage Plaza is right in the middle of a high-density urban rich residential population of Zirakpur, and can denser more in upcoming years, and which is a good sign for commercial property investment.<\/p>\n

More updating soon…<\/p>\n

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

NOTE:<\/strong>\u00a0BEFORE INVESTING, DO YOUR OWN RESEARCH<\/p>\n","protected":false},"excerpt":{"rendered":"

It is the only ready to move in commercial property, adjoined to high-rise residential group housing. Which is a plus point for commercial property investment.<\/p>\n","protected":false},"author":1,"featured_media":4946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[762],"tags":[334,767,545,828,220,847,221,392,255,389,510,558,331,272,513,820,829,789],"gp_videos":[],"class_list":["post-4942","post","type-post","status-publish","format-standard","has-post-thumbnail","category-chandigarh","tag-advice","tag-chandigarh","tag-commercial","tag-expert","tag-feedback","tag-hermitage-plaza-review","tag-investment","tag-lease","tag-office-space","tag-price","tag-projects","tag-property","tag-ratings","tag-retail","tag-shop","tag-soho","tag-views","tag-zirakpur"],"yoast_head":"\nHermitage Plaza Zirakpur Review: Location & Commercial Space<\/title>\n<meta name=\"description\" content=\"Read our Hermitage Plaza Zirakpur review covering the K Area location, surrounding residential catchment, nearby institutions and 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