Review : Investment in Sikka Kapital Grand, Noida Expressway, Loss or Profit

Advice:- Before investing in this project please check the dues of Noida Authority related to this/Project/Land/Company/Developer, and whether any dues are pending or any EMI is not up to date, then the investment may be risky.

CPR Ratings

As per Location
The Sikka Kapital Grand is situated in the service road of the Noida Greater Noida Expressway. The Sikka Kapital Grand is on 120 ft wide road of the sector 98, Noida. The beauty of this project is that this project is really very close to the Noida Expressway and East Delhi. So can say that the location of the Sikka Kapital Grand is very prime.

Possession | Construction Update
The Sikka Kapital Grand project is under construction. This project is already delayed by more than 4 years. The project’s possession date has been revised several times but there is no significant progress. The project is still under construction. So the project may be the delay for more couple of years.

Drawbacks | Bad Factors
There is no residential societies/colonies nearby this project. Retail commercial space of Sikka Kapital Grand is very limited and can’t attract nearby localities. So the investment in the Sikka Kapital Grand retail commercial shops may not very fruitful.

The biggest drawback of this project is that ” Will the developer of the Sikka Kapital Grand complete this project or not? Possession is undefined/uncertain.

Advantages | Good Factors
The Noida Greater Noida Expressway is an IT-BPO company’s destination. The requirement of good location commercial office spaces in this area is very high, and the supply of good & approachable location office spaces is limited. So the investment in the Sikka Kapital Grand commercial office space is good and avail good return in future.

Products & Developer
The Sikka Kapital Grand is under developing by the Sikka Group. It’s a commercial property. This project consists of commercial retail shops and commercial office space.

Builders Profile | Track Record

PREDECESSOR	Sikka Promoters Private Ltd, Sikka Cars Private Limited, Sikka Infrastructure Private Limited
FOUNDED	2010
FOUNDERS	Gurinder Singh Sikka
KEY PEOPLE	Puran, Harvinder Singh Sikka
COMPANY | PROMOTERS	Sikka
PRODUCTS	Apartments, Retail, Commercial Offices
AREA SERVED	Delhi, Noida
PROJECTS COMPLETED	None
PROJECTS ONGOING	Sikka Kapital Grand
UP-COMMING PROJECTS
DELIVERY TRACK RECORD	Very Poor, Dealy Possession
NET WORTH
STRENGTH
COMMITMENT	Zero
RISK	delay possession, long wait, investment can be stuck
DEBT	Yes
LITIGATION	Facing corruption & unfair trade practice charges in Indian courts
OFFICE ADDRESS	Sikka House, C – 60 Preet Vihar, Vikas Marg, Delhi – 110092, Email:info@sikka.in, Tel:91 – 11 – 40500000
BUILDER CATEGORY	BRONZE

Price  | Lease Price
Sikka Kapital Grand retail shops & office space price starts at approx:-

The price is high for investment.

These days developer of the Sikka Kapital Grand, offering many attractive schemes to customers for invests in this property, like the 12% assured return, lease guaranty, and other greedy payment plans.

As our experience that builder/projects who offers this kind of investment offers are not in the category of secure investments, most of the assured return properties are the investment of loss.

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

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

Conclusion
Our Advice, would not invest in this project because of uncertainty in possession dates. 

CPR Ratings

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH