Review : Investment in Paramount City Square, Greater Noida West, Loss or Profit

As per Location
Paramount Golf Foreste commercial space (Paramount City Square) is situated on the 130 ft wide main road of sector zeta-1, Greater Noida. It’s a 2-side open corner property.  The project is properly visible and walkable.

Paramount City Square just opposite to fully develop & functional Site C Industrial area Surajpur, and also very close to the Dadri Inland Container Depot, Greater Noida. There is enough parking space available in front of this commercial complex. So the location of the Paramount Golf Foreste Mart is very impressive.

Possession
The Paramount Golf Foreste Commercial Space, (Paramount City Square) is in the service since the year September 2017.

Advantage | Good Factors
Paramount City Square is an open-high street retail market.  The layout design of this market is very impressive. The property is 100% visible and walkable to nearby residents and highway passers.  All retail commercial shops of the Paramount Golf Foreste Commercial is front main road facing. All retail shops are properly visible from the main road.

It is the best location market for the daily needs of the Paramount Golf Foreste residential township and nearby residential colonies/societies and passers from the main road of Paramount Golf foreste Mart.

Products & Developer
Paramount Golf Foreste is developed by Paramount Group. The Paramount Golf Foreste Mart, Commercial Space consists of retail commercial shops, office spaces & Studio Apartments.

Builders Profile | Track Record

PREDECESSOR	Paramount Propbuild Private Limited
FOUNDED	2004
FOUNDERS	Mukesh Aggarwal
KEY PEOPLE	Dharam Singh, Mukesh Agarwal, Chatur Singh
COMPANY | PROMOTERS	Paramount
PRODUCTS	Apartments, Retail, Commercial Offices
AREA SERVED	Noida, Ghaziabad
PROJECTS COMPLETED	Paramount City Square
PROJECTS ONGOING	None
UP-COMMING PROJECTS
DELIVERY TRACK RECORD	Very Poor, Dealy Possession
NET WORTH
STRENGTH
COMMITMENT	Not satisfactory
RISK	delay possession, long wait, average quality construction
DEBT	Yes
LITIGATION	Facing corruption and unfair trade practice charges in Indian courts
OFFICE ADDRESS	Corporate Office: H-123, Sector-63, Noida 201301 (U.P.), India, Email: info@paramountgroup.co.in, Phone: 0120 – 4613000, 0120 – 4882000
BUILDER CATEGORY	BRONZE

ALSO READ: How to Double Your Money by Investing in Commercial Real Estate

Price | Lease Price
Paramount Golf Foreste retail shop, office space & studio apartments price start at approx:-

FLOOR	UNIT TYPE	PRICE (PSF)	LEASE PRICE (PSF)
Ground Floor	Retail Shops	12,000-15,000	80-100
Lower Ground Floor	Retail Shops	12,000-15,000	80-100
First Floor	Retail Shops	51,50/- Lakh
2nd and Above	Office Space	5000	30-40
2nd And Above	Studio Apartments	4000	10.000-15,000 Per Month

The price of 1St floor retail shops is very high.

Conclusion
Paramount City Square is good for retail business startups. The investor and retail business startups may get a minimum of 5% per annum returns.

CPR Ratings

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