Review : Investment in M3M Cosmopolitan, Sector 66, Gurugram, Loss or Profit

Review

CPR Ratings

As per Location & Layout design
The M3M Cosmopolitan is situated on sector 66 Golf Course Extension road Gurgaon. The project is surrounded by several ready to move residential societies. The project has a very small frontage.

The project is not properly visible and walkable. So can say that the location and layout design of the M3M Cosmopolitan is not very impressive.

Possession
The M3M Cosmopolitan is in the services since the year 2017.

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.

M3M Urbana, M3M Tee Point, M3M IFC, AIPL Joy Street, and AIPL Joy Central is the better projects for commercial property investment on the Golf Course Extension Road.

M3M Cosmopolitan Price Comparison With Other surrounding Commercial Projects Of Golf Course Extension Road

PROJECT NAME PRICE (PSF) POSSESSION RECORD/REMARKS
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 Urbana Premium Retail-12,000-22,000
Office-8,500-9,000
Under construction
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

 

Products & Developer
The M3M Cosmopolitan is developed by the M3M Group Builders. The M3M Cosmopolitan consists of retail commercial shops, and office spaces. Shops and office space are available in various sizes.

Builder Profile | Track Record

  M3M, 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 Cosmopolitan retail shops, office space lease/sale price starts at approx:-

FLOOR UNIT TYPE PRICE (PSF) LEASE PRICE (PSF)
Ground Floor Retail Shops 28,000-30,000 100-120
First Floor Retail Shops 14,000-16,000 80-90
Second Floor Retail Shops 12,000-13,000 60-70
Office Space Office Space 8000-8500 50-60

The price of M3M Cosmopolitan is already on the higher side for investment, and there is hardly any chance of early growth.

Conclusion
The price of M3M Cosmopolitan is already on the very higher side. Appreciation may take more than 7-years or even more. Our advice, go for other better investment options of Golf Course Extension roads such as M3M Urbana, M3M Tee Point, M3M IFC, AIPL Joy Street, and AIPL Joy Central, etc.

CPR Ratings

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH

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