Review : Investment in Conscient One, Dwarka Expressway, Gurgaon, Loss or Profit

As per Location
The Conscient One is situated on the 130 ft wide road of sector-109 Gurugram. It’s a 3-side open corner property. The property is very close to the Dwarka Expressway.

Indira Gandhi International airport is just a 15-minutes drive from sector-109. The Huda City Center Metro Station is also at a distance of 12-Km from Conscient One.

The project has a wide frontage and properly visible and walkable from nearby residential societies and sector roads. The Conscient One is in the central location of several high-rise residential group housing projects. Overall it’s an excellent location project.

Possession | Construction Update

Construction Status	Under Construction
RERA Registration No	Conscient One- GGM/308/40/2019/02
Start/Launch Date	2013
Possession Date (Expired)	December-2017
Possession Date (RERA)	April-2021
Construction Stage	Ongoing
Construction Company
Architect Name
Live Updates
COVID-19 Lockdown Status	COVID-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

 

Advantages | Good Factors
Sector 109, of Gurgaon, is a high-density population area. There are more than 10-thousand flats and an urban rich residential population of more than 40-thousand people, and can denser more in upcoming years. And that is a very good sign for commercial property investment. i.e Conscient One.

It’s the only Mall type centralized air-condition project/property with all kinds of shopping and entertainment facilities except under construction Indiabulls One-09 and Neo Square.

The location and layout design of the Conscient One Mall is very impressive. All retail shops of the project are perfectly designed for maximum visibility, especially the ground floor retail shops.

Conscient One is also easily visible and walkable from the residential areas of sector 109,106,105 and sector 110. There are several urban rich residential projects such as Sobha International City, ATS Kocoon, Raheja Atharva, Raheja Shilas, Raheja Revanta, Chintels Paradiso, Indiabulls Enigma, and Sidhartha Group housing, etc. Which is also a very good sign for commercial property investment.

The ground floor retail shop of the Conscient One is properly visible and looks like the high street open market, especially the main road facing retail shop, so the investment in the ground floor main road facing shops can give excellent returns in near future.

The commercial office space is designed to meet international standards. The commercial office space is also designed for maximum visibility. The project has a proper parking space for stakeholders and visiting guests.

Conscient One serviced apartments are also a good investment option if they are pre-leased to any reputed hospitality brand.

Conscient One is properly connected to multiple transportation facilities and other civic facilities. which is also a good sign for commercial property investment.

The Conscient One can be the right choice of investment for those who are looking for ROI in the next year or so. They can get a real appreciation of value for resale in a couple of years. If the builder completes this project in the revised set time frame.

If construction/possession of the Conscient One Mall is complete in the revised set time frame or on before set time frame or on before other surrounding projects of sector 109 then this project will give excellent returns to investors because at present there is no ready to move mega commercial project in the sector-109, 106, 105 and 110 of Dwarka Expressway to cater daily needs and other shopping & entertainment needs of residents.

Conscient One Price & Developers Delivery Track Record Comparison With Other surrounding Commercial Projects Of Dwarka Expressway

PROJECT NAME	PRICE (PSF)	POSSESSION RECORD/REMARKS
Conscient One	Studio-7,850 Retail-16,100	On-time, finest layout design
Neo Square	Office-8,000-9,000 Retail-15,900	On-time
Indiabulls109	Office-5,500 Retail-11,875-14,250	Delay, Possession date revised several times

Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORS	ACTUAL FACTS- CONSCIENT ONE	GRADING
Urban Rich Gentry	Upper Middle Class, Middle Class, Lower Middle Class. Residential societies within a radius of 500-Meter-Sobha International City, ATS Kocoon, Raheja Atharva, Raheja Shilas, Raheja Revanta, Chintels Paradiso, Indiabulls Enigma, and Sidhartha Group housing, etc	A1
Location	Prime Location	A
Connectivity	Walking Distance-Dwarka Expressway, Sector 109, 106, 105 & Sector 110. Nearest Metro Station-12Km (Huda City Center) Airpot-15-Minute drive (IGI Airport)	A1
Layout Design	Very impressive, highly visible retail, proper sitting & walking arrangements, International standards elevation	A
Multiple Entries	Yes	B
Visibility	Eye-Catching Visibility	A1
	More than 30-Thousand Flats and 1-Lakh urban rich people within walking distance and can denser more in upcoming years.	A
Youthful Footfall	Yes	A
Public Security	Police Station -15-Minute Fire Station 15-Minute	A
Industrial Area	Within 3-Km	A
Urban/Civic Facilities	Maximum facilities available	A
Developers Credibility	Not Satisfactory. BRONZE standard Developer	D
Price Comparison	Competitive Price	A
Competitors	A-Few	B
Expected ROI	6% to 8% Annually	A

 

Products & Developer
Conscient One commercial project is under development by the Conscient Group Builders. The project is consists of centralizes air-conditioned commercial retail shops commercial office spaces, serviced apartments, and food courts.

Builder Profile | Track Record

PREDECESSOR	BCC Infrastructure Private Limited
FOUNDED	2010
FOUNDERS	Naresh Chand Jain, Lalit Jain, Manit Jain
KEY PEOPLE	Lalit Jain, Manit Jain
COMPANY | PROMOTERS	Conscient Infrastructure Private Limited
AREA SERVED	Delhi, Gurugram
PRODUCTS	Commercial Offices, Retail, Shopping Mall, Apartments
PROJECTS COMPLETED	None
PROJECTS ONGOING	Conscient One
DELIVERY TRACK RECORD	Poor, dealy possession
NET WORTH
STRENGTH
COMMITMENT	???
RISK	Delay possession, can be stuck
DEBT	Updating soon
LITIGATION	Facing Corruption charges in Indian courts
OFFICE ADDRESS	Conscient Infrastructure Pvt. Ltd. 10th Floor, Tower D, Global Business Park, Mehrauli-Gurgaon Road, Gurgaon – 122 002, India Tel: +91 124 – 280 3000, 280 3428
BUILDER CATEGORY	BRONZE

 

Price | Lease Price
Conscient One retail shops, office spaces & serviced apartments are available in sale and resale at the price approx:-

FLOOR	SIZE (SqFt)	BASIC PRICE (PSF)
Ground Floor	420-720	14,000-16,000
First Floor	420-720	10,000-12,000
Second Floor	420-720	8500-10,000
Serviced Apartments	595-1095	7000-8500

 

Conclusion
After completion, possession of the Conscient One Sector-109 Gurgaon, investors may get a minimum of 6% per annum return if the builder complete this project in the revised set time frame.

Ground floor retail shops are good for retail business startups and for regular rental income.

CPR Ratings

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