As per Location
The JMS Marine Square is situated in a 75-meter wide road of sector 102, Gurugram. This property is approx 1.5-Km away from Dwarka Expressway.
The project has a small frontage. And not properly visible. In comparing to other commercial projects of sector-102 Gurgaon the location of JMS Marine Square is not very impressive.
Possession | Construction Update
The project JMS Marine Square is under construction. According to several real estate portals, the promised date of delivery/possession is in the year of December-2022.
Drawbacks | Bad Factors
Actually, the JMS Marine Square has a very small frontage. The project is not properly visible and walkable. The elevation and layout design is also not very impressive.
The ground floor front facing retail shop can be a good investment option. but the other floors of this project is not very much impressive.
The construction and possession of this project depend on the sale of shops/space so the project may be the delay.
These days the developer of the JMS Marine Square, offering several attractive schemes to customers to invest in this property, like the 12% assured return, lease guaranty 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.
Commercial Real Estate Project Investment Criteria Table
MUST REQUIRED FACTORS | ACTUAL FACTS-JMS MARINE SQUARE | GRADING |
Urban Rich Gentry | Middle Class, Urban Poor. Within walking distance several residential societies such as The BPTP Amstoria, The Emaar Imperial Gardens, The Emaar Gurgaon Greens, The Heritage Max, The ROF Aalayas, The Adani Oyster Grande, The BPTP Amstoria, The BPTP Chateau, The Suncity Avenue 102, The Ethnic Home, etc. | A |
Prime Location | SILVER | B |
Connectivity | 10-Minute drive from- Meerut Road. Nearest Metro Station 10-Minutes (Hindon) Domestic Airport-12Km (Hindon Airport) Ghaziabad Railway Station-12Km |
A |
Layout Design | Not very impressive | B |
Multiple Entries | No | C |
Visibility | Not properly visible | B |
High-Density population | at present a few residential populations | B |
Youthful Footfall | Yes | B |
Public Security | Police Station -15-Minute Fire Station 15-Minute |
A |
Industrial Area | Within 2-Km | A |
Urban/Civic Facilities | Maximum facilities available | B |
Developers Credibility | BRONZE standard Developer | C |
Price Comparison | Competitive Price | A |
Competitors | Several competitors within a radius of 1-KM | C |
Expected ROI | May takes a very long time | C |
Advice
A point to be noted that according to our experience that investment in any retail commercial shop/project should be done only when its external structure is visible. Only just looking at the map or in the soft launch and pre-launch stage of any retail commercial project and investing in it is very risky.
Advantages | Good Factors
The JMS Marine Square is surrounded by the several residential societies such as The BPTP Amstoria, The Emaar Imperial Gardens, The Emaar Gurgaon Greens, The Heritage Max, The ROF Aalayas, The Adani Oyster Grande, The BPTP Amstoria, The BPTP Chateau, The Suncity Avenue 102, The Ethnic Home, etc. Which is a very good sign for commercial property investment.
Sector 102, Gurgaon is a high-density population area. This is the biggest residential sector of the Dwarka Expressway. There are more than 10 thousand flats and a population of more than 50 thousand people nearby this commercial project. And which is also a very good sign of commercial property investment.
Products & Developer
The JMS Marine Square under developing by the JMS Group (JMS Buildtech Private Limited). This project consists of commercial retail shops, food courts, Anchor Stores, food courts, entertainment facilities, and 5-screen multiplex.
Builders Profile | Track Record
PREDECESSOR | Jms Buildtech Private Limited |
FOUNDED | 2013 |
FOUNDERS | Pushpender Singh |
KEY PEOPLE | Jitender Singh, Kalyan Singh, Pushpender Singh, Dharam Singh, Ravinder Singh |
COMPANY | PROMOTERS | JMS |
PRODUCTS | Commercial Offices, Retail |
AREA SERVED | Gurgaon |
PROJECTS COMPLETED | None |
PROJECTS ONGOING | JMS Marine Square, JMS CrossWalk |
DELIVERY TRACK RECORD | Updating soon |
NET WORTH | |
STRENGTH | |
COMMITMENT | Updating soon |
RISK | The developer is new in the field of commercial projects development & maintenance |
DEBT | Updating soon |
LITIGATION | No |
OFFICE ADDRESS | Plot No-10, 3rd Floor, Sector-44, GUrugram- 122002, Haryana, Phone: 8010000777, E-mail: info@jmsbuildtech.com |
BUILDER CATEGORY | BRONZE |
Price | Lease Price
The JMS Marine Square retail commercial shops available for sale and resale at the prices
FLOOR TYPE | CATEGORY | PRICE (PSF) | |
Ground Floor | Retail | 12677 | |
First Floor | Retail | 10177 | |
Second Floor | Retail | 8877 | |
Second Floor | Food Courts | 8977 | |
Lower Ground Floor | Retail | 8677 | |
OTHER CHARGES, PLC, IDC/EDC, POWER BACKUP, CAR PARKING, IFMS Extra. |
The price is reasonable for investment in the commercial retail shop.
Conclusion
The investment in JMS Marine Square may take a long time to grow. So invest carefully.
CPR Ratings
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH
AG
Great article. Can you do a similar one on JMS Crosswalk