As per Location
The ACE-153 commercial property investment project is situated at a 120 ft wide road of sector 153 Noida. Since last 5-7 years, sector 153 is an under-developing location.
Updating Soon…..
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | UPRERAPRJ423807 |
| Launch/Start Date | 10-06-2023 |
| Possession Date (RERA) | 30th April -2027 |
| Promoters Name | JAM Vision Tech Private Limited |
| Construction Stage | Ongoing |
| Architect | Ravi Kumar Garg ACPL Design Ltd |
| Land Area | 5- Acre |
| Construction Company | |
| Total Floors | |
| Total No of Parkings |
Fact Check
At present there is no need for any new IT-Office space projects on the Noida Expressway, there are many completed office space projects in close vicinity, which have no resale.
The combination of IT-Office space, Mall, & commercial retail may not be successful, as the area in which the property is situated has no residential population.
Updating Soon…
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS-ACE-153 | GRADING |
| Urban Rich Gentry | No residential population | C |
| Connectivity | 08-Minute drive from- Pari Chowk. Nearest Metro Station 6Km (Sector 148) Airport-47Km (IGI Airport) |
A |
| Layout Design | updating soon… | updating soon… |
| Multiple Entries | updating soon… | updating soon… |
| Visibility | Average | B |
| High-Density Population | no . | C |
| Youthful Footfall | C | |
| Public Security | Police Station -15-Minute drive | A |
| Industrial/Institutional Area | Yes (Knowledge Park, Greater Noida) | A |
| Urban/Civic Facilities | Maximum facilities available | C |
| Developers Credibility | Good | B |
| Price Comparison | High Price | C |
| Competitors | A-few competitors | A |
| Expected ROI | 2% to 4% Annually | B |
Advantages | Good Factors
Updating Soon…
Advice
The ACE Group has very strong marketing in the Delhi-NCR area. If you are an investor and have money in your bank/pocket to buy commercial property, don’t rely on marketing propaganda. However, things get changed drastically when you go to the market to sell anything or even the same property you bought thinking there is a huge demand for it, the same broker tells you, sir,, there is huge downfall and no buyer is in the market or tells you a rate you won’t afford to sell and bear huge loss. Moral of the paragraph is that don’t believe the builders marketing hype, do your own research or take help of an expert.
A point to be noted that according to our experience the investment in any retail commercial shop/project should be done only when its external structure is visible. Only just looking at the map or in the soft launch or pre-launch stage and investing in it is very risky.
more updating soon…
Products & Developer
The ACE-153 is under development by the ACE Group (JAM Vision Tech Private Limited). The project is consists of retail shops, it-office spaces food courts, etc.
Builders Profile Track Record
 |
|
| PREDECESSOR | Crest Promoters Private Limited, Ace Infracity Developers Private Limited, Starcity Buildcon Private Limited |
| FOUNDED | 2012 |
| FOUNDERS | Ajay Kumar, Pratap Singh Rathi |
| KEY PEOPLE | Ajay Kumar, Pratap Singh Rathi |
| COMPANY | PROMOTERS | ACE |
| PRODUCTS | Apartments, Retail, office spaces |
| AREA SERVED | Noida, Greater Noida |
| PROJECTS COMPLETED | |
| PROJECTS ONGOING | Ace Medley Avenue |
| DELIVERY TRACK RECORD | On-time delivery |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Quality construction |
| RISK | No experience in commercial projects development & maintenance |
| DEBT | Yes |
| LITIGATION | No case in the Indian courts |
| OFFICE ADDRESS | Corporate Office: Ace Studio, Plot No – 01B, Sec-126, Noida Phone No +91 120-2487200/300/400/500 Email: info@acegroupindia.com |
| BUILDER CATEGORY |
SILVER |
The ACE group has a good market reputation in real estate Delhi-NCR. He has successfully handover several residential projects in Noida & Greater Noida.
Conclusion
Updating soon….
CPR Ratings
[Total: 8 Average: 4.4]
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE PURCHASE OF PROPERTIES.
