As per Location:
Aditya Park Town is first commercial complex while you entering from the NH-24 highway to wave city or Aditya World City township Ghaziabad. It’s 2-side open corner property. The project is easily visible and walkable. So the location of this project is very impressive.
Possession | Construction Update
The Aditya Park Town project is under construction.
Advantages | Good Factors
Aditya Park Town Commercial Complex is properly visible to all passers from connecting roads of Aditya World City township. This project is very well connected to all type of public transport facilities. It is just walking distance from NH-24 Highway Ghaziabad. The front road facing ground floor commercial retail shops are properly visible to everyone.
Drawbacks | Bad Factors
The layout design of Aditya Park Town is not very impressive, shops are not properly visible, except ground floor front facing retail shops. At present, there is no residential population near this project.
Products & Developer
Aditya Park Town commercial complex is a part of the Aditya World city township. This project is under developing by the Agarwal Associates Promoters Limited. It’s a commercial property. This project consists of commercial retail shops.
Builders Profile | Track Record
 |
|
| PREDECESSOR | Agarwal Associates (promoters) Limited |
| FOUNDED | 1979 |
| FOUNDERS | BB Agarwal, Mrs. Uma Agarwal |
| KEY PEOPLE | Aditya Agarwal, Ashish Agarwal, Uma Agarwal |
| COMPANY | PROMOTER | Signature Global |
| PRODUCTS | Apartments, Shopping Malls, Commercial Offices, Retail |
| AREA SERVED | Delhi, Ghaziabad, Noida, Greater Noida, Dehradoon, Aligarh |
| PROJECT COMPLETED | Aditya Mall, Aditya High Street |
| PROJECTS ONGOING | Aditya Business Center, Aditya Park Town |
| DELIVERY TRACK RECORD | Very Poor |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Zero |
| RISK | Delay possession, below standard construction quality, poor maintenance, Investment can be stuck |
| DEBT | Yes |
| LITIGATION | Facing unfair trade practice charges in Indian courts |
| OFFICE ADDRESS | Head Office 10, New Rajdhani Enclave, Vikas Marg, Delhi-110092, Ph: 011-43432222/43432201 |
| BUILDER CATEGORY | BRONZE |
Aditya builder has a good market reputation in the real estate industry. He has successfully delivered several residential projects. But Aditya builder is not a committed builder in terms of timely construction and possession. The Aditya builder has an extremely poor record of completing their real estate projects in the set time frame.
Price | Lease Price
Aditya Park Town retail commercial shops sale & lease price start at approx:-
| FLOOR | PRICE (PSF) | LEASE PRICE (PSF) |
| Ground Floor | 20,000 | 70-100 |
| First Floor | 9000 | 40 |
| Second Floor | 6000 | 30 |
The price is slightly higher for investment. I think for investment, the price should not be more than INR Rs. 12K per sq ft for the ground floor.
Also Read : Review : Investment in Aditya Mall, Indirapuram, Loss or Profit
Conclusion
Aditya Park Town ground floor retail shops may be a good investment option.
CPR Ratings
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH
Baljeet
Shops chaiay
Digant
Hi, I visited Park Town last week Nov. 2019. Please suggest would it be a good option to invest now in this project. I am interested in the corner shop on the second floor with 2 glass walls which is clearly visible from the road and is measuring the area of 260 sq. feet. Thanks.