As per Location
MMR 52nd Avenue Mall is situated on the main road of Sector 52 Noida. It’s a 3-side open corner property. The project has a wide frontage. The project is at the front of sector 52 Noida metro station.
MMR 52nd Avenue is just a 25-minutes drive from Hindon Domestic Airport. The project is just a 10-minutes drive from NH-24 Highway. MMR-52nd Avenue is just a 5-minutes drive from Noida elevated road. The project is just a 20-minutes drive from Noida Greater Noida Expressway.
MMR 52nd Avenue is the central location of high-density population areas of central Noida such as sector 51, 52, 57, 60, 61, 70 and sector 71 Noida. Overall, the MMR 52nd Avenue is an approachable location project.
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | MMR 52ND Avenue – UPRERAPRJ7156 |
| Start/Launch Date | May-2013 |
| Possession Date | December-2020 |
| Construction Stage | Ongoing |
| Construction Company | Skyline Engg. Contracts (I) Private Limited |
| Architect Name | Deepali Srivastava |
| 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
MMR 52nd Avenue is very well connected to the multiple public transportations and other civic facilities. The sector 52 Noida metro station is the closest to this project.
MMR 52nd Avenue is right in the middle of several high-density localities of central Noida such as sector 51, 52, 57, 60, 61, 70, and sector 71 of Noida. There is more than 50-thousand urban rich residential population. And that is a very good sign for investment in MMR-52nd Avenue.
Fact Check
Apart from some front-facing ground floor retail shops of this project all the other shops are not very impressive layout design.
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS-MMR 52ND AVENUE | GRADING |
| Urban Rich Gentry | Upper Middle Class, Middle Class, Urban Poor. Within walking distance several residential societies. | A |
| Connectivity | 10-Minute drive from- NH-24, Sector 121 Noida. Nearest Metro Station Walking distance (Sector 52) Domestic Airport-18.8Km (Hindon Airport) |
A |
| Layout Design | Not very impressive | B |
| Multiple Entries | Yes More Than 6 Entries | A1 |
| Visibility | Highly visible, 3-side open corner property, very wide frontage | A1 |
| High-Density population | More than 50-Thousand Flats and 2-Lakh urban rich people within walking distance and can denser more in upcoming years. | A1 |
| Youthful Footfall | Sector-57 & Sector 62 Noida | A |
| Public Security | Police Station -10-Minute Fire Station 10-Minute |
A |
| Industrial Area | Within 3-Km, Sector 63, 64, 65 Noida | A |
| Urban/Civic Facilities | Maximum facilities available | A1 |
| Developers Credibility | Zero | C |
| Price Comparison | Little bit high | A |
| Competitors | Spectrum Metro, Anthurium | B |
| Expected ROI | 4% to 5% Annually | B |
ALSO READ: How to Double Your Money by Investing in Commercial Real Estate
Advice
Maximum Mall or Mall type properties are not the good and safe investment options in the Ghaziabad, Noida and Greater Noida area. Maximum investors who invested in Mall type properties are in 99% loss.
Actually, the Malls which are up for sale get defective. Only those Malls are working fine which has at least 75% stake for lease otherwise all other Mall type properties are the investment of 99% loss. Only a few Malls are running fine in Noida & Ghaziabad area such as Shipra Mall, DLF Mall Of India & GIP, etc. And all the above-said Malls has more than 75% stake for lease only
The construction and possession of the project depend on the sale of shops/space so the project may be the delay.
The Maintenance cost is always high in Mall type properties and after completion possession, investors may face problems in leasing their retail space in this project.
MMR 52ND Avenue Price & Developers Delivery Track Record Comparison With Other surrounding Residential Projects of Central Noida
| PROJECT NAME | PRICE (PSF) | POSSESSION RECORD/REMARKS |
| MMR52nd Avenue | Retail-29,000-30,000 Office-8,750 Studio-8,995 |
Delay, possession date changed several times |
| Spectrum Metro | Retail-21,000-30,000 Office-8,000 Studio8,500 |
Phase-1 delivered on-time, phase-3&4 ongoing, finest layout & location |
| Anthurium | IT-Office-6,000 | May be delay |
These days the developer of the MMR 52nd Avenue, offering many attractive schemes to customers to invest in this property such as 12% assured return, lease guaranty, and other greedy payment plans, etc.
Basically, the Assured Return & Lease guaranty is a trick of fundraising by fooling the public. Actually, the Assured return and Lease guaranty payment plans gives in those immovable projects/properties, which are difficult to sell.
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 & Monthly Rent to you in the form of EMI.
Builders Profile | Track Record
 |
|
| PREDECESSOR | Mmr Construction Company Private Limited, Mmr Infrastructure Developers Private Limited, MMR Saha Infrastructure Private Limited |
| FOUNDED | 2008 |
| FOUNDERS | Mahipal Singh Raghav |
| KEY PEOPLE | Mohit Singh Raghav, Rahul Raghav, |
| COMPANY | PROMOTERS | MMR |
| PRODUCTS | Commercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail, Apartments |
| AREA SERVED | Delhi-NCR (Delhi, Noida, Greater Noida, Ghaziabad) |
| PROJECTS COMPLETED | MMR Corporate Greens, MMR Grand Mall, |
| PROJECTS ONGOING | MMR 52nd Avenue |
| PROJECTS UPCOMING | |
| DELIVERY TRACK RECORD | Check your self |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Check your self & Take feedback from existing investors |
| RISK | May be delay possession, Investment may be stuck for a long time |
| DEBT | Yes |
| LITIGATION | Updating soon… |
| OFFICE ADDRESS | MMR House, B-11 Noida-201307 Phone: +91-9540666608 +91-8588944468 Email: info@mmrgroup.co.in |
| BUILDER CATEGORY | BRONZE |
Price | Lease Price
MMR 52nd Avenue retail shops, office spaces, serviced apartments, studio apartments, food courts, medical points sale price start from approx:
| UNIT TYPE | FLOOR | PRICE (PSF) | |
| Retail Shop | Ground | 29,995 | |
| Retail Shop | First | 24,995 | |
| Retail Shop | Second | 20,000 | |
| Anchor Store | 160,000 | ||
| Food Courts | 3rd Floor | 12,000 | |
| Medical Point | 4th-5th | 9,000 | |
| Office Space | 7th-10th | 8,750 | |
| Studio Apartments | 12th-18th | 8,995 | |
Conclusion
The Investments in MMR 52nd Avenue may take a long time to grow. So invest carefully.
CPR Ratings
NOTE: BEFORE INVESTING DO, YOUR OWN RESEARCH
Manoj
Absolutely right feedback
Neera
I advise not to invest in mall kind of property in noida ghaziabad,even mmr 52nd avenue
Neera
Its not a good investment
Subodh
Construction of this project is very very slow, it is not possible that builder complete this project on time
Chauhan
Mmr avenue is big fraud company . If anyone wants proof reply me with your contact details , I wl show you fraud proof
admin
Hello Sir,
Thank you for your valuable comment. Sir can you please share your experience in detail?
Neelmani thakur
Nice comparison.. Mall is not always good investment option.
Hari
Please provide proof of fraud
Sumit chauhan
Hlo plz share this negative feedback on my 8851452559 no.
Manas
Hi, can you give some more information.
You can contact me on manas30july@gmail.com
Arun
Pls share the fraud detail
AJAY KUMAR
Sir how it is fraud
I also bought commercial retail in food court. Can you provide proof
Mohit
What’s the proof
9971483574
Ila Gandhar
Yes, my parent’s money is stuck with them…they are not even replying to their letters…I would like to know about these people as I will now take legal action against them…if you can share any info, plz let me know…thnx
Anita Bhatt
We have also booked a office in the scheme in 2014. Now they are demanding next instalment due at completion of structural. Is there any group of buyers on social media. Pl let me know.
Sunil Jain
I have also invested in MMR. Don’t know what they are up to?
Every time a new story and no progress at all. Can you share your experience pl
Mohit
Apne invest kiya hai kya iss project mein
Khushi
I want proof before investing in MMR
Major Ravi Kumar Tandon
I am a ex servicemen andcdisabled soilder of 1971 war . Invested in MMR seeing location and on going activities at time of investment .
Now company is troubling for assured return . Request advice.
Major Ravi Kumar Tandon
Please note the above email ID
Major Ravi Kumar Tandon
Investors must collectively follow up with company to put pressure for early completion and fulfill contractual obligations
Major Ravi Tandon retd
No applicable progress on project . No respecting customers contractual obligations.
Donot respond to genuine requests about assured return releases.
Major Ravi Kumar Tandon
Ravi Tandon 981*****50
Anita Bhatt
What is update now sir
Sohit S
U can buy..I do have two shops with MMR
One on Ground floor will keep for myself and want to sell the other on LGF
Check with builder the prices and then talk to me if u r genuinely interested for a 185 sq feet shop. Small size shops are v much in demand and sold at a premium always..9711010553
Sazid Choudhary
dead slow construction….
i advice… not to buy anything in MMR52nd Avenue
V k Sharma
Brother if you are interested to invest here , project is on prime location and will give handsome results,but invest only if you have retaining captivity for more then four to five years… I want to sell out(quit) for my personal reasons..a 275 sqft shop at minus one floor…can handover on genuine rates.. approx 50% Amount paid to Builder..
Sanjay
kindly share your property details as well as your contact details.
V k Sharma
Brother if you are interested to invest here, the project is on prime location and will give handsome results, but invest only if you have retaining captivity for more then four to five years… I want to sell out(quit) for my personal reasons..a 275 sqft shop at minus one floor…can handover on genuine rates.. approx 50% Amount paid to Builder.
Sandeep Pandey
Dear Chauhan, My name is Sandeep and was thinking to invest in MMR for a retail shop. Any feedback and advise will be very much appreciated. Thanks
anand
please contact me i want to sell my 275 sqft shop on ground floor
Bansul Jaggi
I am living in Noida sec 75 and crossing MMR Site on a daily basis. Construction of this project is very fast compared to the other projects like Spectrum Metro.
It’s on VERY PRIME LOCATION of NOIDA.
I am getting assured return on the time.
I will recommend to buy this property.
Puneet Senger
I want to talk to you sir, regarding the assured return. I very confused that the builder will able to give us return on monthly basis or they just do promisses on documents.
VISHWAJEET KUMAR
This is the most prime location of Central Noida and construction is in full swing.
My friend invested in Retail Shop a year ago and satisfied with the assured return he is getting.
admin
ha ha ha, fake comments , booth Vishwajeet Kumar and Bansul Jaggi, are commenting from sale IP-address…. 223.190.0.31.
every one knows about the construction of MMR52nd avenue…
Anita Bhatt
Could you pl include me in this group.
Regards
V k Sharma
At lower Ground floor 275 Sqft shop 20 ‘ Height, North-East facing…want to sell due to my Personal reasons… with a Very much Handsome discount.. comparative to present rates. My contact no is 9968****81
manish kumar
hi please share your contact details
Hari
Hellio
Are you receiving regular return.
shall I invest this project.
Thanks
Somdutt sharma
The Mmr 52nd avenue is still under construction since the year 2012-2013. everything is fine except construction, there is very slow construction. When this project complete ?
Rakesh
Location of this project is very good. Regarding construction updated I contacted MMR Sales team and they said that this project is under RERA undertaking and the project will be completed by Dec 2020.
Mohit Kumar Gupta
I think this is the prime location of noida for commercial investment point of view……
parul
Hi I bought studio under assured return scheme and payment was smooth for few months. Suddenly dec month they have asked not to deposit the cheque. can some one advise what is going on.
admin
Hi, Parul,
Can you briefly explain about the matter ?
Sudhir Sinha
Hi Parul
I was planning to in the MMR 52nd Avenue but seeing these comments I am very apprehensive now.
Are you getting the assured return now? Please advise at the earliest so that I can deicide where to go with them or invest elsewehere. Thanks so very much
Sudhir Sinha
Hi Parul, I just now sent a message to you. can you please respond to me directly thanks
Mohit Kumar Gupta
I think MMR 50 2nd Avenue Noida is Good Investment option unmatched location unmatched specification with unmatched price…..
admin
Hello,
Mohit Kumar Gupta (Property Network India), you are from MMR 52nd avenue side?
Sudhir Sinha
Hi Admin,
Can you please let me know actual story and feedback from REAL customers on the MMR 52nd Avenue on the assured EMI is genuine or not. I am looking at investing here given the location and mixed use development aspects. Need this INFO urgently as I NEED TO TAKE A DECISION IN NEXT COUPLE OF DAYS. THANKs
V k Sharma
Brother if you are interested to invest here , project is on prime location and will give handsome results,but invest only if you have retaining captivity for more then four to five years… I want to sell out(quit) for my personal reasons..a 275 sqft shop at minus one floor…can handover on genuine rates.. approx 50% Amount paid to Builder..
admin
Hi, Sanyogita.
all information is available in this article, please read again completely. and for construction update, please visit the site of MMR 52nd avenue. and write your views here.
Thank You
Shridharan
Hi, Parul ji
Same problem is with my friend, the builder stoped assured return cheque.
Now what should I do ?
Sushil singh
The customer can’t do anything if builder stopped the assured return cheque payment
Only court can do, but it will take 15-20 years.
Don’t put ur money in assured return plan
Raj K Sharma
Spectrum Metro is much better commercial project/location than the MMR 52nd Avenue.
Spectrum Metro construction is also on better stage than the MMR 52nd Avenue.
Saad
I am about to invest in MMR 52nd Avenue, But after seeing the feedbacks here I am not sure now.
I am looking for a long term investments with returns.
Can someone help please.
sanchit
Location is Prime but construction is too slow.
Sudhir Sinha
Hi Parul
I was planning to in the MMR 52nd Avenue but seeing these comments I am very apprehensive now.
Are you getting the assured return now? Please advise at the earliest so that I can deicide where to go with them or invest elsewehere. Thanks so very much
V k Sharma
Brother if you are interested to invest here , project is on prime location and will give handsome results,but invest only if you have retaining captivity for more then four to five years… I want to sell out(quit) for my personal reasons..a 275 sqft shop at minus one floor…can handover on genuine rates.. approx 50% Amount paid to Builder..
Anu Tyagi
How to reach you mr vk sharma ?
mesh
Is it still available .i am interested in buying
Virender Singh
Hi I am also planning to invest in MMR 52 Avenue due to location charm which is very suitable & attractive if MMR complete it by dec 2020 as deadline given by RERA for Ph-1 project & nobody knows about the 2nd Ph in which MMR will develop 5 star hotel, but after seeing the construction growth today I am in doubt that how it will get complete within a given time span. Plz advice
Dr K C Gupta
I want to sell one shop measuring 185 SF in LGF in MMR 52nd galleria, due to job transfer. Really it is a good project for investment. This project is In front of Metro Station.Pl contact
Shivam
Please call 97196***11
Dr Gaurang Srivastava
I am interested
V k Sharma
Brother if you are interested to invest here , project is on prime location and will give handsome results,but invest only if you have retaining captivity for more then four to five years… I want to sell out(quit) for my personal reasons..a 275 sqft shop at minus one floor…can handover on genuine rates.. approx 50% Amount paid to Builder..
Dr K C Gupta
I want to sell one shop measuring 185 SF in LGF in MMR 52nd galleria, due to job transfer. Really it is a good project for investment. This project is In front of Metro Station.Pl contact
Arun Chugh
Pls share the contact detail
Rakesh
Which project is better Spectrum Metro or 52 Avenue ? Kindly suggest . In 52 Avenue they are providing lease guarantee for 9 yrs and promising the possession by next mid year
Naveen srivastava
MMR 52 Avenue is the best project for rental income because he provides 90 rupees min lease guaranty for 25 years ..and 12% growth every 3 years ….only food court spaces…Mall me kuch chale naa chale Multiplex and food court to chalne he hai
Rohit
hi have invest in food court and i have paid 10 percent of booking i want to cancel my unit but they are not return my amount
Amar
mmr walee chor hai sales man saaree chor hai bus paise invest karwaake koi support nahi kartee aapkaa paisa doobna hi hai kyoki jo bhi sales man hai woo mmr ke nahi hai third party ke hai unka comiision hota hai jisse wo baad mai support nahi kartee
Amzad Ali
I have 140 SF food court space in mmr52 avenue .i want to sell it if any one interested call me on this no 8826638355
Rajan Paul
Hello Friends
No one invest in this vo. MMR mall. Its totally fraud company.
I lost my 15lakh.
Now I must go to NCLT court.
And also go to rera.
And I also lodge a complaint of fraud
Near by police station. 9999451562
Ila Gandhar
Yes, my parent’s money is stuck with them…they are not even replying to their letters…I would like to know about these people as I will now take legal action against them…if you can share any info, plz let me know…thnx
Sunil Jain
Would like you to share full details pl
Amit Singh
i am checking this project since 2 yrs and i like the project location. i bought this in Jan month this yrs and construction is slow but going on…. at the time of taking this i chked Spectrum as well but i did not find good as per the construction. i am hoping good return from this investment bcoz of Metro and surrounding.
SK
Dear Ila, can yo uplease contact Yatendra, he is part of MMR and can give you solution.. 9958562700
Rajiv Sharma
I have a shop on LGF 220 Sq. Ft.
Would like to sell due to some financial issue.
Any Genuine buyer can contact me on my Mobile 99******27