{"id":6816,"date":"2020-02-21T08:02:13","date_gmt":"2020-02-21T08:02:13","guid":{"rendered":"https:\/\/www.commercialproperty.review\/?p=6816"},"modified":"2026-10-15T08:41:18","modified_gmt":"2026-10-15T08:41:18","slug":"review-investment-in-bestech-marketplace-sector-92-gurugram-loss-or-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2020\/02\/21\/review-investment-in-bestech-marketplace-sector-92-gurugram-loss-or-profit\/","title":{"rendered":"Review : Investment in Bestech Marketplace, Sector 92, Gurugram, Loss or Profit"},"content":{"rendered":"

<\/strong>
\nAs per Location<\/strong>
\nThe Bestech Marketplace (retail shops) commercial project is situated at the entry point of sector 92, Gurgaon. The project has a wide frontage & a very impressive layout design.<\/p>\n

The Bestech Market place is adjoined to the ready to move residential townships, Bestech Park View Sanskruti. The project has direct access from the Dwarka Expressway, NH-8, and Pataudi Road.<\/p>\n

The project is properly visible and walkable to nearby residential group-housings of sector 92, 91 & sector 93 Gurugram. At present, sector-92 is an under developing location but approx within 3-years, after completion possession of several residential group-housing projects it may be a high-density population area. So can say that the Bestech Market place is an excellent location project.<\/p>\n

Possession | Construction Update<\/strong><\/p>\n\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>\nBestech Market Place- GGM\/380\/112\/2019\/74 DATED 09.12.2019<\/a><\/span><\/td>\n<\/tr>\n
Start\/Launch Date<\/strong><\/td>\n19-12-2019<\/td>\n<\/tr>\n
Possession Date Offered by Developer<\/strong><\/td>\nJanuary-2023<\/td>\n<\/tr>\n
Possession Date (RERA)<\/strong><\/td>\nMarch-2025<\/td>\n<\/tr>\n
Construction Stage<\/strong><\/td>\nPrimary<\/td>\n<\/tr>\n
Land Area<\/strong><\/td>\n5.725 Acre<\/td>\n<\/tr>\n
Number of Units\/Shops<\/strong><\/td>\n432<\/td>\n<\/tr>\n
Construction Company<\/strong><\/td>\nBestech India Private Limited<\/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

 <\/p>\n

Advantages | Good Factors<\/strong>
\nThe retail spaces are perfectly designed for maximum visibility. All the retail shops are good for well established branded showrooms, restaurants, branded food outlets, grocery stores, branded Jewelry showrooms electronics & mobile stores, etc. The investment of retail shops is good for regular rental income.<\/p>\n

Bestech Market Place has multiple entries and exits points. Multiple entries and exits points attract customer\/visitors footfall quickly and provide maximum visibility\/exposures to every area of the project. Which is also another approachable sign for investment in this project.<\/p>\n

Bestech Marketplace is all surrounding with several ready to move and under construction residential group housing societies such as Sare Crescent Parc, Raheja Navodaya, Ansal Heights, Sare Crescent Parc Royal Greens Phase 1, Bestech Park View Sanskruti, Sare Green Parc 2, Sare The Grand, Parkwood Westend, Sare Petioles, Sare Club Terraces, etc. And that is a very good sign for commercial property investment.<\/p>\n

Sector 92, Gurgaon can be a high-density population area in the future. There is a huge urban rich residential population surrounding Bestech Marketplace. There are more than 20-thousand flats and an expected residential population of more than 50-thousand people can reside in this area within two years. Which is also a very good sign for commercial property investment in i.e. Bestech Marketplace.\u00a0<\/span><\/p>\n

Key Point<\/strong>
\nThe Bestech Market Place investment can get good returns. And this is subjected to the completion of this project on or before set time frame or on before other commercial projects of sector 92 New Gurgaon.<\/span><\/p>\n

Bestech Market Place-92 Price & Developers Delivery Track Record Comparison With Other surrounding Nearby Commercial Projects<\/strong><\/span><\/p>\n\n\n\n\n\n\n\n
PROJECTS NAME<\/strong><\/td>\nPRICE (PSF)<\/strong><\/td>\nPOSSESSION RECORD\/REMARKS<\/strong><\/td>\n<\/tr>\n
Bestech Market Place<\/td>\n10,250-13,250<\/td>\nPossession offered January-2023. RERA Possession-March-2025<\/td>\n<\/tr>\n
Spaze Tristaar<\/a><\/span><\/td>\n8,000-15,000<\/td>\nPossession date revised several times, RERA expired, still under construction.<\/td>\n<\/tr>\n
Ameya Sapphire 92<\/a><\/span><\/td>\n13,000-15,000<\/td>\nPossession date revised several times, can be delay<\/td>\n<\/tr>\n
Amb Selfie Street<\/a><\/span><\/td>\n8,500-14,000<\/td>\nPossession date revised several times, can be delay<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

ALSO READ:<\/strong>\u00a0How to Double Your Money Within 3 to 6 Years<\/strong><\/a><\/span><\/p>\n

ALSO READ: Which Payment Plan is Better For Commercial Property Investment<\/span><\/a><\/strong><\/p>\n

ALSO READ: Top 10 Best Commercial Property Investment Projects Dwarka Expressway<\/a><\/span><\/strong><\/p>\n

Advice<\/strong>
\nIf construction\/possession of the Bestech Marketplace shall be completed before the other commercial project of sector 92 and surrounding areas then this commercial project will give excellent returns to investors. Because at present there is no ready to move mega Mall type project in sector 92 Gurgaon to cater to shopping and entertainment needs for the residents of sector 92. And the Bestech Marketplace fulfills this required criterion.\u00a0<\/strong><\/em><\/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\n
MUST REQUIRED FACTORS<\/strong><\/td>\nACTUAL FACTS-BESTECH MARKET PLACE<\/strong><\/td>\nGRADING<\/span><\/span><\/strong><\/td>\n<\/tr>\n
Urban Rich Gentry<\/span><\/span><\/strong><\/td>\nHigh Class, Upper Middle Class. Radiational Societies within Walking distance- Sare Crescent Parc, Raheja Navodaya, Ansal Heights, Sare Crescent Parc Royal Greens Phase 1, Bestech Park View Sanskruti, Sare Green Parc 2, Sare The Grand, Parkwood Westend, Sare Petioles, Sare Club Terraces, etc<\/td>\nA1<\/strong><\/td>\n<\/tr>\n
Prime Location<\/span><\/span><\/strong><\/td>\nGOLD<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Connectivity<\/strong><\/td>\n17-Minute drive from-<\/strong> NH-8 Gurgaon
\n43-Minute drive from-<\/strong> DLF Cyber City.
\nNearest Metro Station<\/strong> 39-Minutes (Huda City Center)
\nInternational Airpor<\/strong>t-32.9-Km (IGI Airport<\/td>\n		A<\/strong><\/td>\n<\/tr>\n
Layout Design<\/span><\/span><\/strong><\/td>\nGrand ceiling heights,\u00a0 wide corridors, proper sitting & walking arrangements, highly visible retail, Impressive layout & elevation<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Multiple Entries<\/span><\/span><\/strong><\/td>\nYes<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Visibility<\/strong><\/td>\nHighly visible, wide frontage<\/td>\nA<\/strong><\/td>\n<\/tr>\n
High-Density population<\/strong><\/td>\nWithin a radius of 500-meter more than 20-Thousand Flats and 50-Thousand urban rich people and can denser more in upcoming years.<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Youthful Footfall<\/strong><\/td>\nYes<\/span><\/span><\/strong><\/td>\nA<\/strong><\/td>\n<\/tr>\n
Public Security<\/strong><\/td>\nPolice Station -15-Minute
\nFire Station 15-Minute<\/td>\n		A<\/strong><\/td>\n<\/tr>\n
Industrial Area<\/strong><\/td>\nWalking distance<\/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>\nQuality Construction & Maintenace, GOLD standard Developer <\/span><\/span><\/strong><\/td>\nA<\/strong><\/td>\n<\/tr>\n
Price Comparison<\/strong><\/td>\nCompetitive price<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Competitors<\/strong><\/td>\n Several\u00a0Competitors\u00a0 <\/span><\/span><\/strong><\/td>\nB<\/strong><\/span><\/td>\n<\/tr>\n
Expected ROI<\/span><\/span><\/strong><\/td>\n5% to 6% Annually<\/td>\nA<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Investment Tips<\/strong> \r\n Before investing in commercial real estate, it is better to decide why you are investing. \r\nActually, there are two types of investors, the first one who buys retail shops or office space for self-use and the second one who bought it for pure rental income and sell when getting some appreciation. \r\n\r\nSo if you are buying it for your self-use, you can buy any size according to your uses, but if you are buying it for pure rental or appreciation income, then go for virtual space or buy at least minimum 1000 sq ft carpet area, because if you buy a small shop or office space for rental income you hardly get any brand to lesae out your space. \r\n\r\nThe brands or multinational companies want the bigger space for their operations. And there are several must require things such as dedicated bigger parking spaces, negotiations in CAM charges, specific signage, dedicated power backup, bigger space in a single floor plate, and several must require NOCs, which are very difficult to arrange by a small or individual investor. \r\n\r\nSo that, before investing in any commercial project, talk to the developer, that you won't buy it for self-use, but for pure rental income, and handover\/responsible it for the developer to lease out.\r\n\r\nOtherwise, you won't get your expected appreciation or may get delayed appreciation or loss<\/span><\/pre>\n
Products & Developer<\/strong>
\nThe Bestech 92 Market-Place commercial project is under development by the Bestech India Private Limited. This project consists of commercial retail shops, Anchor Store, food courts, office space, 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\n
\u00a0<\/strong><\/td>\n\"bestech<\/td>\n<\/tr>\n
PREDECESSOR<\/strong><\/td>\nBestech India Private Limited<\/td>\n<\/tr>\n
FOUNDED<\/strong><\/td>\n2001<\/td>\n<\/tr>\n
FOUNDERS<\/strong><\/td>\nMr. Dharmendra Bhandari & Mr. Sunil Satija<\/td>\n<\/tr>\n
KEY PEOPLE<\/strong><\/td>\nMr. Dharmendra Bhandari & Mr. Sunil Satija<\/td>\n<\/tr>\n
COMPANY | PROMOTER<\/strong><\/td>\nBestech<\/td>\n<\/tr>\n
PRODUCTS<\/strong><\/td>\nCommercial offices, Shopping Malls, Retail, IT Parks, Apartments, Hotels<\/td>\n<\/tr>\n
AREA SERVED<\/strong><\/td>\nGurugram (Gurgaon), Mohali<\/td>\n<\/tr>\n
PROJECTS COMPLETED (Residential)<\/strong><\/td>\nPark View Grand Spa, Spa Signature, Park View Sanskruti, Sky Suites, Bestech City Dharuhera, Park View Ananda, Park View City-1, Park View City02, Park View Residences, Park View Spa Tower, Park View Spa Altura<\/td>\n<\/tr>\n
PROJECT COMPLETED (Commercial)<\/strong><\/td>\nBestech Citygate, Bestech Orient Business Tower, Bestech Cyber Park, Bestech Chambers, Bestech Business Tower Mohali, Bestech Square Mall Mohali, Bestech City Centre, Bestech Central Square, Radisson Blue<\/td>\n<\/tr>\n
PROJECTS ONGOING<\/strong><\/td>\nBestech Market Place<\/td>\n<\/tr>\n
DELIVERY TRACK RECORD<\/strong><\/td>\nUpdating Soon…<\/td>\n<\/tr>\n
NET WORTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
STRENGTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
COMMITMENT<\/strong><\/td>\nQuality construction & maintenance<\/td>\n<\/tr>\n
RISK<\/strong><\/td>\nDelay possession<\/td>\n<\/tr>\n
DEBT<\/strong><\/td>\nUpdating soon…<\/td>\n<\/tr>\n
 LITIGATION\u00a0<\/strong><\/td>\nYES (Facing unfair trade practice charges in Indian courts) charges)<\/td>\n<\/tr>\n
OFFICE ADDRESS<\/strong><\/td>\nBestech House
\nPlot 51, Bhagwan Mahaveer Marg Sector 44, Gurugram, Haryana 122002, India, Tel: +91-(124)-4540-000, Email: nfo@bestechgroup.com<\/td>\n<\/tr>\n
 BUILDER CATEGORY<\/span><\/span><\/strong><\/td>\nGOLD<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
 <\/p>\n
Price | Lease Price <\/strong>
\nBestech Marketplace retail shops & office space price starts at approx:-<\/p>\n\n\n\n\n\n\n\n
FLOOR<\/strong><\/td>\nSIZE (Sq Ft)<\/strong><\/td>\nPRICE (PSF)<\/strong><\/td>\n<\/tr>\n
Ground Floor<\/td>\nMin-200<\/td>\n13,250<\/td>\n<\/tr>\n
First Floor<\/td>\n<\/td>\n12,250<\/td>\n<\/tr>\n
Second Floor<\/td>\n<\/td>\n10,250<\/td>\n<\/tr>\n
Other Charges Extra*<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
 <\/p>\n
Conclusion<\/strong>
\nThe Bestech Market Place is good for well established retail business groups and also for new business startups.
\nIf construction\/possession of the Spaze Bestech Market Place shall be completed within the set time frame or before the other commercial projects of this area then this commercial project may give excellent returns.<\/p>\n
<\/strong><\/span><\/h3>\n
<\/strong><\/span><\/p>\n
LEGAL DISCLAIMER<\/strong><\/p>\n
The data (based on the search query performed), on this webpage of CommercialProperty.Review has been made available for informational purposes only and no representation or warranty is expressly or impliedly given as to its accuracy. Any investment decisions that you take should not be based relying solely on the information that is available on the website CommercialProperty.Review or downloaded from it. Nothing contained herein shall be deemed to constitute legal advice, solicitation, invitation to acquire by the developer\/builder, or any other entity. You are advised to visit the relevant RERA website and analyze\/research your self before taking any decision based on the contents displayed on the website. The website and the information contained herein are not intended as legal,\u00a0 & financial advice and must not be relied on as such and is for guidance and general information only. Your use of the Website is solely at your own risk. This website is for guidance only.<\/span><\/p>\n
Please Note:\u00a0We are not dealing in the sale purchase of properties. Before investing, do your own research.<\/strong><\/span><\/p>\n
 <\/p>\n","protected":false},"excerpt":{"rendered":"
The Bestech Marketplace investment can get good returns. And this is subjected to the completion of this project on or before set time frame or on before other commercial projects of sector 92 New 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