Review : Investment in AIPL Joy Street, Sector 66, Gurugram, Loss or Profit

CPR Ratings

As per Location
The AIPL Joy Street commercial property investment project (retail shop & office space) is situated on the 60 Meter wide road of sector 66 Gurugram. It is a 3-side open corner property. The project is surrounded by several ready to move and under-construction residential societies.

The elevation & layout design of the AIPL Joy Street is very attractive. There are more than four thousand ready to move flats and an urban rich residential population of more than eight thousand people, which is a very good sign for commercial property investment i.e. AIPL Joy Street.

The AIPL Joy Street caters to an immediate catchment of a big crowd of the sector 66, 65, 61, and sector 67 residential societies. It’s a truly high street retail open market to cater to all kinds of shopping, fine dining, and entertainment, fun, business needs of Golf Course Extension Road residents. The AIPL Joy Street is properly visible and walkable to every resident of nearby localities. So can say that the location of the AIPL Joy Street is excellent.

The AIPL Joy Street is a project offering the perfect integration of retail, commercial, hospitality, and entertainment in a single compound. The project is appealing not just from design, location, and concept perspective but the blueprint reveals that it would be functionally attractive too. The project dubbed as “AIPL Joy Street” 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.

Possession | Construction Update
The AIPL Joy Street is in the services since the year 2021. AIPL JOY  STREET RERA Registration No is: 157 OF 2017

Advantages | Good Factors
The Layout design of AIPL Joy Street is world-class. The ground floor and first floor commercial retail shop of this project is properly visible and looks like the high street open market. The ground and first floor retail shops are perfectly designed for maximum visibility to every shop. So the investment in the ground floor and first floor retail shops can give excellent returns in near future, especially the ground floor retail shops.

The AIPL Joy Street is featuring new methods Serviced Apartments because not only they are fully-furnished and fully-serviced, but also because they are multi-purpose and economical alternatives to hotels for travel executives and other guest executives to stay for short and long periods of time.

The layout design of commercial office space is also very impressive. The office space is well furnished and designed to cater to every business. AIPL Joy Street has the proper parking space for stakeholders and visiting guests.

Commercial Real Estate Project Investment Criteria Table

Advice
The AIPL Joy Street is the right choice for investment for those who are looking for ROI within a year or so. They can get a real appreciation of value for resale in a couple of years.

The AIPL Joy Street ground floor and first floor retail commercial shops are much better investment options than office space and serviced apartments of this project.

These days the developer of the AIPL Joy Street, 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 plan on a very higher price, to innocent customers in the name of assured return. They are making you fool.

Key Point
If construction/possession of the AIPL Joy Street is complete in the set time frame or on before set time frame than this commercial project will give excellent returns to investors because at present there is no ready to move, good location Mall/High Street retail/entertainment facility type project available for nearby residents of Golf Course Extension Road Gurgaon.

Drawbacks | Bad Factors
Sector 61, 62, 65, and sector 66, is already cross the limit of commercial property development. Actually, there is no need for new commercial projects in this location i.e. Golf Course Extension Road. But to see the prime location, advance stage construction, and excellent layout design/concept, we can hope that the AIPL Joy Street will perform well.

The construction and possession of the project may depend on the sale of shops/space, so the project may be the delay.

Products & Developer
AIPL Joy Street is under development by the AIPL Group (Advance India Projects Limited). It’s a commercial property. This project consists of Ground & First Floor: High Street Retail | Second Floor: Food Courts, Restaurant, and a Flea Market | Third & Fourth Floor: Multiplex- Movie Theaters | Fifth to Seventh Floor: Serviced Offices and Serviced Apartments.

Builders Profile | Track Record 

PREDECESSOR	Advance Indian Projects Limited
FOUNDED	1997
FOUNDERS	Gurdeep Singh, Rachpal Singh
KEY PEOPLE	Harpreet Kaur Gadh, Shabeg Singh, Harinder Singh, Jagdish Kaur, Jasvinder Singh Vohra, Daljeet Singh, Gurdeep Singh, Bala Krishna Pandey
COMPANY | PROMOTERS	AIPL
AREA SERVED	PAN India, Delhi ( NCR), Punjab, Rajasthan, and Maharashtra
PRODUCTS	Commercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail, Apartments
PROJECTS COMPLETED	Gurugram:- The Masterpiece | Delhi:- Okhla Industrial Estate Phase-3, | Noida:- Greenfort, | Amritsar:- The Celebration Mall, | Udaipur:- The Celebration Mall, | Gobindgarh:- Celebration Bazar
PROJECTS ONGOING	Gurugram:- AIPL Business Club, AIPL Joy Street, AIPL Joy Square, AIPL Joy Central, | Jalandhar: AIPL Joy City
PROJECTS UPCOMING
DELIVERY TRACK RECORD	Good
NET WORTH
STRENGTH
COMMITMENT	Quality construction & maintenance
RISK	Updating soon…
DEBT	Yes
LITIGATION	No case in the Indian courts
OFFICE ADDRESS	Registered Office The Masterpiece, Golf Course Road, Sector – 54, Gurugram – 122 002, Haryana, Tel: +91 – 92111 60000, Email: connect@aipl.com
BUILDER CATEGORY	GOLD

The AIPL Builder ( Advance India Projects Limited) has a good market reputation in the real estate industry. He has successfully handover several residential and commercial projects in the Gurugram (Gurgaon). So the investor can invest in this project without any hassle.

Price | Lease Price
AIPL Joy Street retail shops & serviced apartments price start from approx:-

The price is reasonable for investment.

Conclusion
The AIPL Joy Street is good for retail business startups.
The investment of AIPL Joy Street may get a minimum of 6% per annum return if the builder completes this project on or before the set time frame.

Serviced Apartments of AIPL Joy Street can be a good investment option if they are pre-leased to any reputed hospitality brand.

CPR Ratings

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE PURCHASE OF RENTING.