{"id":7636,"date":"2020-07-08T06:50:56","date_gmt":"2020-07-08T06:50:56","guid":{"rendered":"https:\/\/www.commercialproperty.review\/?p=7636"},"modified":"2026-10-15T07:49:38","modified_gmt":"2026-10-15T07:49:38","slug":"review-investment-in-godrej-palm-retreat-sector-150-noida-loss-or-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2020\/07\/08\/review-investment-in-godrej-palm-retreat-sector-150-noida-loss-or-profit\/","title":{"rendered":"Review : Investment in Godrej Palm Retreat, Sector 150 Noida Loss or Profit"},"content":{"rendered":"

<\/strong>
\nAs per Location\u00a0<\/strong>
\nThe Godrej Palm Retreat residential project is located in sector 150 Noida.\u00a0 It’s a 14-acre development. Sector-150 Noida is the last location of Noida from Delhi.\u00a0 \u00a0The Godrej Palm Retreat is a joint development of Ace infracity developers & Godrej Properties.<\/p>\n

The Godrej Palm Retreat is very far from sector 148 Noida metro station (approx 6-km).<\/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 (The project is divided into several phases, currently phase-1 & phase-2 ongoing)<\/td>\n<\/tr>\n
RERA Registration No<\/strong><\/td>\nGodrej Palm Retreat Phase-1- UPRERAPRJ745601<\/a><\/span>
\nGodrej Palm Retreat Phase-2- UPRERAPRJ124632<\/a><\/span><\/td>\n<\/tr>\n
Start\/Launch Date<\/strong><\/td>\nJune-2019<\/td>\n<\/tr>\n
Possession Date<\/strong><\/td>\nGodrej Palm Retreat-1- December-2024
\nGodrej Palm Retreat-2- December-2025<\/td>\n<\/tr>\n
Construction Stage<\/strong><\/td>\nOngoing<\/td>\n<\/tr>\n
Promoter Name<\/strong><\/td>\nAce Infracity Developers Private Limited<\/td>\n<\/tr>\n
Construction Company<\/strong><\/td>\nAce Mega Structures Private Limited<\/td>\n<\/tr>\n
Architect Name<\/strong><\/td>\nMr. Akshay Garg<\/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 Godrej properties & Ace infracity developers are well known for their quality construction and after possession maintenance. Sector 150 Noida is a low-density FAR area, and low density is good for living. The project is properly connected with Noida Greater Noida Expressway.<\/p>\n

Several mega IT-companies campus & commercial projects are just 10-minutes distance from sector 150 Noida such as Advant Navis Business Park, Bhutani Alphathum, Birla Soft, Met-Life, etc.<\/p>\n

Prominent institutions and schools are in the closest proximity such as DPS (Delhi Public School), Genesis Global School, Shiv Nadar School, & Footprints Play School & Day Care Creche, etc. JP Hospital is just a 10-minutes away from Godrej Palm Retreat.<\/p>\n

The Godrej Palm Retreat is a low-rise residential development. The project layout & design is very impressive. The project is full of openness and all the flats layout design is close to nature.\u00a0Overall the Godrej Palm Retreat is an ideal location project for living.<\/p>\n

Godrej Palm Retreat Price & Developers Delivery Track Record Comparison With Other surrounding Residential Projects<\/strong><\/span><\/p>\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\/ REMARKS<\/strong><\/td>\n<\/tr>\n
Godrej Palm Retreat<\/span><\/strong><\/td>\n8,000<\/span><\/strong><\/td>\nUnder construction, Possession December-2024, It’s a very high price for a primary stage under-construction property<\/span><\/td>\n<\/tr>\n
Godrej<\/span> Nest<\/span><\/td>\n8,000-8,500<\/span><\/td>\nUnder Construction, It’s a very high price for an under-construction property<\/span><\/td>\n<\/tr>\n
Godrej Nurture<\/span><\/td>\n8,0<\/span>00-8,500<\/span><\/td>\nUnder Construction, It’s a very high price for an under-construction property<\/span><\/td>\n<\/tr>\n
Godrej Solitare<\/span><\/td>\n9,000<\/span><\/td>\nUnder Construction, It’s a very high price for an under-construction property<\/span><\/td>\n<\/tr>\n
ATS Pristine<\/span><\/td>\n6,000-6,500<\/span><\/td>\nReady to Move, finest project for living\u00a0<\/span><\/td>\n<\/tr>\n
ATS Le Grandiose<\/span><\/td>\n4,500-5,000<\/span><\/td>\nUnder Construction<\/span><\/td>\n<\/tr>\n
ATS Pious Hideaways<\/span><\/td>\n4,500<\/span><\/td>\nUnder Construction<\/span><\/td>\n<\/tr>\n
Samridhi Luxuriya Avenue<\/td>\n4,000-4,500<\/td>\nUnder Construction, No appreciation<\/td>\n<\/tr>\n
ACE Parkway<\/span><\/td>\n4,500-5,000<\/span><\/td>\nUnder Construction<\/span><\/td>\n<\/tr>\n
ACE Golfshire<\/span><\/td>\n5,000<\/span><\/td>\nReady to Move<\/span>, No special appreciation for the last 3 years<\/span><\/td>\n<\/tr>\n
TATA Eureka Park<\/span><\/td>\n4,500-5,000<\/span><\/td>\nUnder Construction, No appreciation<\/span><\/td>\n<\/tr>\n
Prateek Canary<\/span><\/td>\n4,500<\/span><\/td>\nUnder Construction<\/span><\/td>\n<\/tr>\n
Antriksh Golf city<\/span><\/td>\n4,000\u00a0<\/span><\/td>\nDelay, Under Construction<\/span><\/td>\n<\/tr>\n
Sethi Venice<\/span><\/td>\n3,500-4,000<\/span><\/td>\nStuck, Delay, Under construction<\/span><\/td>\n<\/tr>\n
Destination-150<\/td>\n4,000-4,500<\/td>\nUnder construction<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Fact Check | Drawbacks<\/strong>
\nThe sale\/boking price of Godrej Palm Retreat flats is already on the very higher side. If we compare the price with other reputed residential projects of sector 150 Noida, then we find that the price of Godrej Palm Retreat is higher approx INR Rs 4,000\/- per Sq. Ft.<\/p>\n

According to our estimation, the entry booking price should not be more than 4,000-5,000 per sq ft.<\/p>\n

ALSO READ: Fact Check, Which payment plan is better for commercial property investment<\/span><\/a><\/strong><\/p>\n

ALSO READ: 10 Best Commercial Property Investment Project Noida<\/span><\/a><\/strong><\/p>\n

Advice<\/strong>
\nIt 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 years. \u00a0Because of a huge unsold residential flats inventory available in several ready to move and under-construction projects of sector 150 Noida.<\/p>\n

The construction and possession of this project depend on the sale of flats\/space, so the project may be the delay.<\/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\n
\u00a0<\/strong><\/td>\n\"Godrej<\/td>\n<\/tr>\n
PREDECESSOR<\/strong><\/td>\nGodrej Properties Limited<\/td>\n<\/tr>\n
FOUNDED<\/strong><\/td>\n1985<\/td>\n<\/tr>\n
FOUNDERS<\/strong><\/td>\nAdi Godrej<\/td>\n<\/tr>\n
KEY PEOPLE<\/strong><\/td>\nAdi Godrej, Pirojsha Godrej, Mohit Malhotra<\/td>\n<\/tr>\n
COMPANY | PROMOTERS<\/strong><\/td>\nGodrej Properties<\/td>\n<\/tr>\n
PRODUCTS<\/strong><\/td>\nResidential Apartments, Commercial Office, Malls, Hotels<\/td>\n<\/tr>\n
AREA SERVED<\/strong><\/td>\nPAN India<\/td>\n<\/tr>\n
PROJECTS COMPLETED (RESIDENTIAL)<\/strong><\/td>\nBANGLORE- Godrej 17, Godrej Woodsman Estate
\nMANGALORE- Godrej Alpine
\nNAGPUR- Godrej Anandam
\nMUMBAI- Godrej Bayview, Godrej Edenwoods, Godrej Glenelg, Godrej Hill, Godrej Pine, Godrej Riverside,\u00a0 Godrej Sky Garden,
\nGodrej Waldorf, Godrej Planet
\nPUNE- Godrej Horizon, Godrej Infinity, Godrej Sherwood
\nKOLKATA-Godrej Platinum, Godrej Prakriti
\nGURGAON-Godrej Frontier<\/td>\n<\/tr>\n
PROJECTS ONGOING (RESIDENTIAL)<\/strong><\/td>\nMUMBAI- The Trees, Godrej Central, Godrej Emerald, Godrej Exquisite, Godrej Nest
\nGURGAON- Godrej 101, Godrej Air Sector 85, Godrej Aria, Godrej Habitat, Godrej Icon, Godrej Meridien, Godrej Nature Plus
\nPUNE- Godrej 24, Godrej Elements, Godrej Forest Grove, Godrej Hillside, Godrej Greens
\nBANGALORE- Godrej 24, Godrej Air Nxt, Godrej Aqua, Godrej Avenues, Godrej E-City, Godrej Eternity, Godrej Lake Gardens, Godrej Gold County
\nCHENNAI- Godrej Azure
\nNOIDA- Godrej Golf Links, Godrej Nest
\nAHMEDABAD- Godrej Green Glades<\/td>\n<\/tr>\n
PROJECT COMPLETED (COMMERCIAL)<\/strong><\/td>\nMUMBAI- Godrej One, Godrej Coliseum
\nPUNE- Godrej Castlemaine, Godrej Eternia, Godrej Millennium
\nKOLKATA- Godrej Genesis, Godrej Waterside<\/td>\n<\/tr>\n
PROJECT ONGOING (COMMERCIAL)<\/strong><\/td>\nMUMBAI-Godrej BKC
\nCHANDIGARH- Godrej Eternia<\/td>\n<\/tr>\n
DELIVERY TRACK RECORD<\/strong><\/td>\nOn-time<\/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>\nUpdating soon<\/td>\n<\/tr>\n
DEBT<\/strong><\/td>\nUpdating soon<\/td>\n<\/tr>\n
LITIGATION\u00a0<\/strong><\/td>\nUpdating soon<\/td>\n<\/tr>\n
OFFICE ADDRESS<\/strong><\/td>\nCorporate Office:
\nUnit No. 5C, 5th Floor, Godrej One, Pirojshanagar, Vikhroli East, Mumbai – 400 079. Tel No: +91 22 6169 8500, +91 22 6169 8888<\/td>\n<\/tr>\n
BUILDER CATEGORY<\/span><\/strong><\/span><\/td>\nGOLD<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Conclusion<\/strong>
\nWhat is happening nowadays, that the reputed builders is not giving any chance to earn for the investors. The entry booking price is already on the very higher side and there is hardly any chance of early growth.<\/p>\n

ALSO READ: RERA Loop Holes<\/span><\/a><\/strong><\/p>\n

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

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

NOTE:<\/strong> BEFORE INVESTING DO YOUR OWN RESEARCH<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

As per Location\u00a0 The Godrej Palm Retreat residential project is located in sector 150 Noida.\u00a0 It’s a 14-acre development. Sector-150 Noida is the last location of Noida from Delhi.\u00a0 \u00a0The Godrej Palm Retreat is a joint development of Ace infracity developers & Godrej Properties. The Godrej Palm Retreat is very far from sector 148 Noida […]<\/p>\n","protected":false},"author":1,"featured_media":7656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[990],"tags":[993,334,957,928,220,963,991,992,221,299,988,510,558,331,960,367,911],"gp_videos":[],"class_list":["post-7636","post","type-post","status-publish","format-standard","has-post-thumbnail","category-residential-property-review","tag-ace-infracity","tag-advice","tag-apartments","tag-builders-profile","tag-feedback","tag-flats","tag-godrej-palm-retreat-review","tag-godrej-properties","tag-investment","tag-noida","tag-price-compression","tag-projects","tag-property","tag-ratings","tag-residential","tag-sector-150","tag-track-record"],"yoast_head":"\nGodrej Palm Retreat Sector 150 Noida Review<\/title>\n<meta name=\"description\" content=\"Read our Godrej Palm Retreat Sector 150 Noida review covering the residential project, 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