As per Location
The M3M Urbana Premium is situated in the sector-67, Golf Course Extension Road, Gurgaon. It’s a 2-side open corner plot. Both sides are wide roads. The project is properly visible to maximum passers from the Golf course extension road and adjoins main roads.
M3M Urbana Premium is surrounded by several urban rich ready to move residential societies. So can say that the location of the M3M Urbana Premium is very impressive.
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | M3M Urbana Premium-347 OF 2017 DATED 09.11.2017 |
| Start/Launch Date | 09-11-2017 |
| Possession Date (RERA) | November-2021 |
| Construction Stage | Ongoing |
| Construction Company | |
| Promoter Name | Martial Buildcon Private 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. |
Drawbacks | Bad Factors
Sector 61, 62, 67, and sector 66, is already cross the limit of commercial property development. Actually, at present, there is no need for any new commercial projects in the Golf Course Extension Road.
We Strongly advise, Avoid completely new launch, soft launch, and primary stage under construction commercial projects of the Golf Course Extension Road, Gurgaon.
It is fact that M3M Urbana Premium is a prime location of the Golf Course Extension Road of Gurgaon. But within a radius of 500-meter there are more than 10-mega commercial projects is also exists such as M3M Cosmopolitan, M3M Urbana, Emaar MGF The Palm Square, Emaar MGF Digital Greens, Emaar MGF Emerald Plaza, Spaze Buziness Park, M3M Tee Point, M3M International Financial Centre, M3M 65th Avenue, AIPL Joy Street, AIPL Joy Central, Elan Town Centre, etc.
All the above said commercial properties/projects are creating investment competition at this s location. There is a big gap in demand and supply. The supply is very high in comparison to demand. So in the future and in the present time, investors may face a very tuff competition in leasing and selling their retail shops, office space, serviced apartments, etc.
The Maximum Mall or Mall type properties are not the good and safe investment options in the Gurugram and Delhi area. The maximum investors who invested in Mall type properties are in 99% loss.
Actually, only a few Malls are running fine in Gurugram and Delhi area such as Ambience Mall, DLF Mega Mall, MGF Metropolitan Mall, and Select City Walk, Saket, New Delhi, etc otherwise all other Mall type properties are the investment of 99% loss.
M3M Urbana Premium Price Comparison With Other surrounding Commercial Projects Of Golf Course Extension Road
| PROJECT NAME | PRICE (PSF) | POSSESSION RECORD/REMARKS |
| M3M Urbana Premium | Retail-12,000-22,000 Office-8,500-9,000 |
Under construction |
| M3M Cosmopolitan | Retail-16,000-25,000 Office-7,500-8,000 |
Ready to Move, small frontage |
| M3M IFC | Retail-14,00-37,000 Office-17,000 |
possession can be a delay, high price |
| M3M Tee Point | Retail-18,000-23,000 Office-9,000-10,000 |
Ready, occupied, a good option for investment & retail business startups |
| M3M Urbana | Retail-20,000-38,000 | Ready, occupied, highly appreciated property, very good for retail business startups |
| M3M 65th Avenue | Retail-14,000-24,000 | Under construction |
| AIPL Joy Central | Retail-21,000-30,000 Office-13,000 |
Under construction, very prime location property |
| AIPL Joy Street | Retail-14,000-25,000 Office-8,000-8,500 |
almost ready for possession, finest layout design property |
Advice
The prices won’t very much hike at least for a couple of years because of the huge unsold commercial property on the Golf Course Extension Road, Gurugram.
If anyone wants to invest in the Golf Course Extension Road commercial properties we advise prefer ready to move or advance stage construction projects.
It is probably not the right choice of investment for those who are looking for ROI in the next year or so. Given the doubts of the market to appreciation in the locality, there may not be a real appreciation of value for resale in a year. In fact, investors who are trying to make a sale of their property in M3M Urbana Premium are now struggling to reach their initial investment. Despite having brought their prices down, there aren’t any takers to buy these properties.
These days the developer of the M3M Urbana Premium, offering many attractive schemes to customers to invest in this property, like 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
Ready to move M3M Urbana and under construction AIPL Joy Street is the much better project for commercial property investment in Golf Course Extension Road.
We Strongly advise, Avoid completely new launch, soft launch, and primary stage construction commercial projects of the Golf Course Extension Road, Gurgaon Sector projects.
Advantages | Good Factors
The layout design of commercial office space is very impressive. The office space is well furnished and designed to cater to every business.
There is a proper parking space for stakeholders and visiting guests. The M3M Urbana Premium is GMDA (Gurugram Metropolitan Development Authority) approved, so there is no legal hassle in this project.
Products & Developer
The M3M Urbana Premium is under development by the M3M India Private Limited. M3M Urbana Premium consists of commercial retail shops. Commercial office spaces, Food courts, Multiplex and entertainment facilities, etc.
Builder Profile | Track Record
 |
|
| PREDECESSOR | M3M India Limited, M3M India Private Limited |
| FOUNDED | 2007 |
| FOUNDERS | Roop Kumar Bansal, Basant Bansal |
| KEY PEOPLE | Pankaj Bansal |
| COMPANY | PROMOTERS | M3M |
| PRODUCTS | Apartments, Commercial Offices, Shopping Malls, Hotels, Retail, Lesure & Hospitality |
| AREA SERVED | Delhi, Gurgaon |
| PROJECTS COMPLETED | M3M Urbana, M3M Tee Point, M3M Cosmopolitan |
| PROJECTS ONGOING | M3M IFC, M3M Broadway, M3M Urbana Premium, M3M 65th Avenue, M3M Prive 73, M3M Corner Walk, M3M My Den, M3M Sky Lofts |
| DELIVERY TRACK RECORD | Poor, delay possession |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Quality Construction, state of the art project, finest layout design |
| RISK | delay possession |
| DEBT | Updating soon |
| LITIGATION | Unfair Trade Practice Charges, RERA Complaints |
| OFFICE ADDRESS | 6th Floor, ‘M3M Tee Point’, Sector 65, Gurugram Manesar Urban Complex, Gurugram (Gurgaon) 122101, Haryana, India.
Tel: +91 124 4732000 Toll Free: 1800 123 3333 Fax: +91 124 4732010 |
| BUILDER CATEGORY | GOLD |
Price | Lease Price
M3M Urbana Premium retail shops, office space price starts at approx:-
| FLOOR | SIZE (Sq Ft) | PRICE (PSF) |
| Ground Floor | 300-1200 | 25,000 |
| Lower Ground | 300-1200 | 13,000-14,000 |
| First Floor | 300-1200 | 12,000-13,000 |
| Second Floor | Food Courts | 12,500 |
Conclusion
The entry/booking price for investments in M3M Urbana Premium is already on the higher side, and there is hardly any chance of early growth So invest carefully.
CPR Ratings
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH
Ashok kumar
True feedback, ground reality