Review : Investment in M3M Tee Point, Sector 65, Gurugram, Loss or Profit

Review

CPR Ratings

As per Location
M3M Tee Point commercial complex is situated in sector 65, golf course extension road. It is located on the entry side 130 ft wide road. The project is properly visible and walkable.

M3M Tee Point is adjoined with ready to move residential project  M3M Golf Estate. The project is just walking distance from Golf Course Extension Road.

The M3M Tee Point caters to an immediate catchment of a big crowd of the sector 65, and sector 66 residential societies. It’s a truly high street retail open market to cater to all kinds of shopping, fine dining, fun, entertainment, and business needs of Golf Course Extension Road residents. The M3M Tee Point is properly visible and walkable to every resident of nearby localities. So can say that the M3M Tee Point is an excellent location property.

Possession | Construction Update
M3M Tee Point is in the services since the year 2019. RERA Registration No 349 OF 2017 Dated 09/11/2017

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Advantages | Good Factors
M3M Tee Point retail spaces are perfectly designed for maximum visibility. All ground and first floor retail shops are properly visible and walkable. M3M Tee Point can be a perfect shopping destination for M3M Golf Foreste and other nearby residential societies.

The layout design of M3M Tee Point commercial office spaces is also very impressive. The office space is designed to meet international standards. The project has a proper parking space for stakeholders and visiting guests.

The M3M Tee Point is right in the middle of several high-rise residential group housing societies. There is a huge urban rich residential population surrounding M3M Tee Point. There are more than 15-thousand flats and an expected residential population of more than 30-thousand people. And that is also a very good sign for commercial property investment i.e. M3M IFC.

Fact Check | Drawbacks
It is no doubt, that M3M Tee Point is a prime location project, but within a distance of 500-meter, there are more than 9 mega commercial projects are also exists such as AIPL Joy Central, M3M Cosmopolitan, M3M Urbana, M3M Urbana Premium, Spaze Buziness Park, M3M IFC, M3M City Hub, Élan Town Centre, and Capital City Scape, etc. All these commercial projects are creating investment competition at this location. So in future investors can face problems in leasing and selling their retail shops and office spaces.

The construction and possession of the project depend on the sale of shops/spaces, so the project may be the delay.

M3M Tee Point Price & Developers Delivery Track Record Comparison With Other surrounding Commercial Projects Of Golf Course Extension Road

PROJECT NAME PRICE (PSF) POSSESSION RECORD/REMARKS
M3M Tee Point Retail-18,000-23,000
Office-9,000-10,000
Ready, occupied, a good option for investment & retail business startups
M3M IFC Retail-14,00-37,000
Office-17,000
possession can be a delay, high price
M3M Cosmopolitan Retail-16,000-25,000
Office-7,500-8,000
Ready to Move
M3M Urbana Retail-20,000-38,000 Ready, occupied, highly appreciated property, very good for retail business startups
M3M Urbana Premium Retail-12,000-22,000
Office-8,500-9,000
Under construction
M3M 65th Avenue Retail-14,000-24,000 Under construction
AIPL Joy Central Retail-21,000-30,000
Office-13,000
Under construction, very prime location property
AIPL Joy Street Retail-14,000-25,000
Office-8,000-8,500
almost ready for possession, finest layout design property

 

Advice
The M3M Tee Point is best suited if you are willing to hold your investment until completion/possession of the project. After possession, the possibility of maximum returns is quite high.

These days developers of M3M Tee Point, offering several attractive schemes to customers to invest in this property, such as 12% assured return, lease guaranty, and other greedy payment plans.

That builder/project who offers this kind of investment offers is not in the category of secure investment, as our experience most assured return properties are the investment of loss.

Do not put your hard-earned money in the builder’s seduction, assured return & lease guaranty properties are always an investment of risk. So invest wisely.

Basically, the assured return & lease guaranty is nothing, the real estate developers sell their low money property at a very higher price and return your hard earned money in the name of the assured return to you in the form of EMI. Actually, they are making you fool.

Products & Developer
The M3M Tee Point is developed by the M3M India Private Limited. The project is consists of retail shops and office spaces etc. Shops and office space are available in various sizes.

Builder Profile | Track Record

  M3M, Builder,profile,track record
PREDECESSOR M3M India Limited, M3M India Private Limited
FOUNDED 2007
FOUNDERS Roop Kumar Bansal, Basant Bansal
KEY PEOPLE Pankaj Bansal
COMPANY | PROMOTERS M3M
PRODUCTS Apartments, Commercial Offices, Shopping Malls, Hotels, Retail, Lesure & Hospitality
AREA SERVED Delhi, Gurgaon
PROJECTS COMPLETED M3M Urbana, M3M Tee Point, M3M Cosmopolitan
PROJECTS ONGOING M3M IFC, M3M Broadway, M3M Urbana Premium, M3M 65th Avenue, M3M Prive 73, M3M Corner Walk, M3M My Den, M3M Sky Lofts
DELIVERY TRACK RECORD Poor, delay possession
NET WORTH
STRENGTH
COMMITMENT Quality Construction, state of the art project, finest layout design
RISK delay possession
DEBT Updating soon
LITIGATION  Unfair Trade Practice Charges, RERA Complaints
OFFICE ADDRESS 6th Floor, ‘M3M Tee Point’, Sector 65, Gurugram Manesar Urban Complex, Gurugram (Gurgaon) 122101, Haryana, India.

Tel: +91 124 4732000 Toll Free: 1800 123 3333 Fax: +91 124 4732010

BUILDER CATEGORY GOLD

 

Price | Lease Price
M3M Tee Point retail shops & office space price starts at approx:-

FLOOR CATEGORY PRICE (PSF)
Ground Floor Retail Shop 19,000-30,000
First Floor Retail Shop 12,000-15,000
2nd and above Office Space 9000-12,000

 

Conclusion
M3M Tee Point is good for well established retail brands and as well as retail business startups. It is better to go for without assured return payment plan, and force builder to reduce rates. After completion investors and retail business startups may get a minimum of 6% per annum return.

CPR Ratings

Investors Vote
[Total: 1 Average: 3]

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1 Comment

  1. Ground realty, nice feedback.
    M3M is a fraud builder. They promise something else and deliver nothing. Once the unit is sold, they are least bothered to reply to your calls and emails.
    They just want to fetch all money from buyers and then its none of their business. Pathetic builder. Don’t waste your hard earned money. Don’t get into their trap.

    Reply

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