As per Location
Logix Technova is situated in 120 ft wide sector road of the sector 132 Noida. Actually, this project is not exactly located on the Noida Greater Noida Expressway but approx 1-kilometer away from the Noida Expressway. Overall it’s a good location.
Possession
The Logix Technova is in the services since the year 2015.
Advantages | Good Factors
Logix Technova is a good option for ready to move office setups. Logix Technova is economical office space in comparison to other ready to move IT-office space projects on the Noida Expressway. At present, in a ready to move office space segment, Advant Navis Business Park and Logix Technova are the best options on the Noida Expressway.
Drawbacks | Bad Factors
Sector 132, Noida is an information technology and educational services sector. There are several IT-Park projects and education institutes, but no residential population. There is a big gap in demand and supply. The Supply of IT-Office space type projects in this area is very high, but demand is very limited.
There are so many ready to move IT-office space projects such as Assotech Business Cresterra, Advant Navis, Ansal API Corporate Park, Express trade Tower-2 and the under construction projects ATS Bouquet, Paras One33, Urbtech Trade Center and WTC Noida CBD, etc. Most of the above-said projects IT-office space is not yet sold or leased.
Advant Navis business park, Ansal API Corporate Park, Assotech Business Cresterra is much better branded/ project/Location in compression of Logix Technova.
Products & Developer
The Logix Technova is developed by the Logix Group. The Logix Technova consists of IT-office spaces.
Builders Profile | Track Record
 |
|
| PREDECESSOR | IT Infrastructure Park Private Limited, Logix Builders & Promoters Private Limited |
| FOUNDED | 2001 |
| FOUNDERS | Shakti Nath |
| KEY PEOPLE | Shakti Nath, Pratap Singh Rathi, Davender Mohan Saxena, Vikram Nath |
| COMPANY | PROMOTERS | Logix |
| AREA SERVED | Noida, Greater Noida, Ghaziabad, Gurgaon |
| PRODUCTS | Commercial offices, Shopping Malls, Retail, Apartments |
| PROJECTS COMPLETED | Logix Park, Logix Techno Park, Logix Infotech Park, Logix Infosoft, Logix Cyber Park, Logix Omnia, Logix Technova, Logix City Center |
| PROJECTS ONGOING | |
| DELIVERY TRACK RECORD | Poor |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Quality Construction |
| RISK | Delay possession, investment can be stuck |
| DEBT | Yes |
| LITIGATION | Facing corruption & unfair trade practice charges in Indian courts |
| OFFICE ADDRESS | Corporate Office Logix Park, A 4 & 5, Sector-16, Noida – 201301,India, Phone: : +91 120 4366000 |
| BUILDER CATEGORY | BRONZE |
Price | Lease Price
Logix Technova IT-office space sale & lease price start at approx:-
| SALE PRICE (PSF) | LEASE PRICE (PSF) |
| 4500-5000 | 35-50 |
The price is reasonable for investment.
Conclusion
The Logix Technova is good for low-cost small IT (Information Technology) business startups.
CPR Ratings
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