As per Location
Satya The Hive is situated on the main road of Sector 102 Gurgaon. It’s a 3-side open corner property. The project has a very wide frontage approx 220 meters. This property is just 500 meters away from the Dwarka Expressway. The project is in the central location of the high-density population area of Dwarka Expressway.
This project is very well connected to the state highway, Dwarka expressway, and nearby sector roads. This project is properly visible and walkable. So can say that the Satya The Hive is an excellent location commercial project.
Possession | Construction Update
Construction Status | Under Construction |
RERA Registration No | Satya The Hive- 316 of 2017 |
Start/Launch Date | 17-10-2017 |
Possession Date (Expired) | December-2019 |
Possession Date (RERA) | 16-05-2022 |
Construction Stage | Ongoing |
Land Area | 5.846 Acre |
Construction Company | |
Promoter Name | Clarion Properties Limited |
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
Satya The Hive is a project offering the perfect integration of retail, commercial, hospitality, Entertainment and Business in a single compound. The project is appealing not just from a design and concept perspective but the blueprint reveals that it would be functionally attractive too. The project dubbed as “Satya The Hive” will have four different sections to it namely Hospitality, Business first, Leisure, and Entertainment. The design is set to lean towards the contemporary makes making it a premier locale for the desired few.
As we Analyze that the location and layout design of The Hive is very impressive. This project has a wide frontage, and properly visible from Dwarka Expressway and nearby sector roads. The project is surrounded with several urban rich residential societies such as BPTP Amstoria, Emaar Imperial Gardens, Emaar Gurgaon Greens, Heritage Max, ROF Aalayas, Adani Oyster Grande, BPTP Amstoria, BPTP Chateau, Suncity Avenue 102, Ethnic Home, etc. Which is a very good sign for commercial property investment.
Sector 102 is a high-density population area. There are more than 10 thousand flats and a population of more than 40 thousand people nearby this commercial project. It is the only high street open retail shopping Mall project/property with all types of shopping and entertainment facilities in this area. Which is also a very good sign for investment in Satya The Hive.
The ground floor commercial retail shop of this project is properly visible, especially the main road facing retail shops, customer can enter directly into any road facing shop. The project has multiple entries and exit points.
Satya The Hive is the right choice for investment for those who are looking for ROI in the next two-three years. They can get the real appreciation of value for resale in a couple of years. If the builder completes this project in the set time frame.
The commercial office space is also a good investment option. The serviced apartments can also a good investment option if they are pre-leased to any reputed hospitality brand.
The layout design of commercial office space is also very impressive. The office space is well furnished and designed to cater to every business. The project has the proper parking space for stakeholders and visiting guests. The overall layout design of Satya The Hives commercial complex is excellent, the quality of construction is also good.
Commercial Real Estate Project Investment Criteria Table
MUST REQUIRED FACTORS | ACTUAL FACTS-ELAN MIRACLE | GRADING |
Urban Rich Gentry | Upper Middle Class, Middle Class, Urban Poor. Several residential group housings within walking distance such as BPTP Amstoria, Emaar Imperial Gardens, Emaar Gurgaon Greens, Heritage Max, ROF Aalayas, Adani Oyster Grande, BPTP Amstoria, BPTP Chateau, Suncity Avenue 102, Ethnic Home, etc | A |
Location | Very Prime | A |
Connectivity | Nearest Metro Station 14.2-Km (Huda City Center) International Airport-24Km (IGI Airport |
A |
Layout Design | Very impressive layout & elevation, highly visible retail | A |
Multiple Entries | Yes | A |
Visibility | Eye-catching visibility, 3-side open corner property | A |
High-Density population | Within a radius of 500-meter more than 40-Thousand Flats and 50-Thousand urban rich people and can denser more in upcoming years. | A |
Youthful Footfall | Yes | A |
Public Security | Police Station -15-Minute Fire Station 15-Minute |
A |
Industrial Area | within 3-Km | A |
Urban/Civic Facilities | Maximum facilities available | B |
Developers Credibility | On-Time Delivery, Quality Construction, delivered several commercial projects. GOLD standard developer | A |
Price Comparison | Competitive price | A |
Competitors | A-few | B |
Expected ROI | 5% to 7% Annually | A |
Key Point | Advice
These days the developer of the Satya The Hive, offering many attractive schemes to customers to invest in this property such as the 12% assured return, lease guaranty, and other greedy payment plans, etc.
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 & monthly rent to you in the form of EMI.
Actually, the assured return plan is a trick of fundraising. The real estate developer sells its non-salable property with a greedy payment plan on a very higher price, to innocent customers in the name of assured return and lease guaranty. Actually, they are making you fool.
The construction and possession of this project depend on the sale of shops/space so the project may be the delay.
Products & Developer
Satya The Hive is under developing by the Satya Group. This project is consists of retail shops commercial office spaces, serviced apartments, Anchor Stores, food courts, entertainment facilities, and 6 screen movie theaters, etc.
Builder Profile | Track Record
PREDECESSOR | Satya Developers Private Limited, Satya Infrastructures Limited |
FOUNDED | 2005 |
FOUNDERS | Nawal Kishore Agarwal |
KEY PEOPLE | Manish Agarwal, Siddharth Agarwal |
COMPANY | PROMOTERS | Satya |
PRODUCTS | Commercial Offices, Retail, Apartments, Hospitality & Lesure |
AREA SERVED | Gurgaon, Bathinda |
COMPLETED PROJECTS | Galaxy, Element One, Centrum Plaza, City Centre (Bhatinda) |
ONGOING PROJECTS | Satya The Hive |
UP-COMMING PROJECTS | |
DELIVERY TRACK RECORD | On-time delivery |
NET WORTH | |
STRENGTH | |
COMMITMENT | On-time delivery, Quality construction |
RISK | Updating soon… |
DEBT | Yes |
LITIGATION | Updating Soon… |
OFFICE ADDRESS |
Plot No.8, Sector-44, Gurugram, Haryana, 122002, India
Phone: 1800 1026 510, +91 124 4989300, eMail: info@satyadevelopers.com, corp.comm@satyadevelopers.com
|
BUILDER CATEGORY |
GOLD
|
Price | Lease Price
SATYA THE HIVE retail shops, office space, serviced apartments price start from approx:-
FLOOR | CATEGORY | PRICE |
Ground Floor | Retail Shop | 14,000-19,000 PSF |
First Floor | Retail Shop | 11,000-13,000 PSF |
Second Floor | Retail Shop | 8,000-10,000 PSF |
Office Space | 48/- Lakh – 70/- Lakh | |
Serviced Apartments | 48/- Lakh – 70/- Lakh |
The price is reasonable for the investment of commercial retail shops.
Conclusion
The project is good for retail business startups.
After completion, possession of Satya The Hive, Sector -102 Gurgaon, investors may get a minimum of 6% per annum return if the builder complete this project in the set time frame. The ground floor road facing commercial retail shops of this project is an ultimate investment.
CPR Ratings
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH
Amit
true feedback, very good project for investment,location and layout is very impressive
Ground floor shops are excllent
Somdutt sharma
Good project, true feedback, I m interesting to buy ground floor shop in this project is there any resale lead… ?
dksingh
I want to sale the anchor shop at ground floor
Kumar
You can call us
Amit
Thanks for the detailed review. I am looking into investing in this Project. Seems only the ground floor shop is worthy investment..whereas builder/agent is trying to promote the virtual area on First floor with assured return lollipops 🙂
Lalit Sharma
Possession delayed, assured return stopped, construction is not in full swing, leasing team is weak, so many loopholes and CRM staff changed many times so clients suffering.
Jyoti
Residential property???
Pankaj
It’s commercial ,May be good for now but it’s super delayed as started in. 2013 and construction still not completed ,,,RERA Date is passed too