CPR Ratings
As per Location
The Migsun Migente Mall, (retail shops, food courts) commercial property investment project is situated at the bypass road of the Raj Nagar Extension, Ghaziabad. It is located on the entry side road of the NH-58 bypass. This project is in the center of the bypass road of the Raj Nagar Extension.
The Migsun Migente is just a 10-minutes distance from Hindon River Metro Station. The project is just a 5-minutes distance from the longest elevated road of India.
The Migsun Migente Mall is 100% visible to all passers of the NH-58 bypass and the nearby residential societies. Prominent institutions are in close proximity such as GD Goenka, DPS, AK Children academy, etc. Overall Migsun High Street Mall is an excellent location project.
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | Migsun Migente Mall – UPRERAPRJ600636 |
| Start/Launch Date | 01-09-2019 |
| Possession Date | 15-06-2024 |
| Construction Stage | Primary |
| Construction Company | JB Infratech |
| Architect Name | Vishal Mittal |
| Total Area | 8.8-Acre |
| 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
The Migsun Migente Mall is properly visible and walkable to the nearby residents as well as the Raj Nagar Extension bypass traffic. The maximum ground floor retail shops of this project are properly visible.
The Migsun Migente is surrounding by several high-rise residential societies. There are more than 5 thousand residential flats and a population of more than 10-thousand residents in this area and the Migsun Migente. And that is a very good sign for commercial property investment.
The Migsun Migente Raj Nagar Extension l is good for retail business startups.
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS-MIGSUN MIGENTE | GRADING |
| Urban Rich Gentry | Lower Middle Class, Urban Poor. Within walking distance a few residential societies. | B |
| 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 | Properly visible | A |
| 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 | High Price | C |
| Competitors | Several competitors within a radius of 1-KM | B |
| Expected ROI | May takes a very long time | C |
Fact Check
The sale price of Migsun Migente Mall retail space is already on the very higher side. If we compare the price among other reputed commercial properties/projects of Raj Nagar Extension, then we find that the price of Migsun Migente Mall is higher approx Rs 7000/- per square foot.
In the present scenario, for investment, the price should not be more than Rs 17,000/- Per Sq Ft for the ground floor.
These days developers of the Migsun Migente Mall, offering several attractive schemes to customers to invest in this project, like the 9% assured return & lease guaranty payment plans from day one, and other greedy payment plans.
ALSO READ: How to Double Your Money by Investing in Commercial Real Estate
That builder/project who offers this type of investment offers is not in the category of secure investment, as our experience most assured return and lease guaranty properties are the investment of loss.
Do not put your hard-earned money in the builder’s seduction, assured return & lease guaranty properties are always an investment of risk. So invest carefully.
Basically, the assured return & lease guaranty is nothing, the real estate developers sell their low money property at a very higher price and return your hard-earned money in the name of the assured return & lease guaranty to you in the form of EMI. Actually, they are making you a fool.
Advice
It is better to go without assured return payment plans. Prefer to choose, CLP (Construction Linked Payment Plans), without assured return.
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Products & Developer
Migsun Migente is under development by the Migsun Group. It’s a High Street retail commercial complex in the style of a Mall. The Migsun Migente is consisting of retail commercial shops, food courts, restaurants, Hypermarket and Multiplex, etc.
Builders Profile | Track Record
 |
|
| PREDECESSOR | Mahaluxmi Buildtech Limited |
| FOUNDED | 2011 |
| FOUNDERS | Sunil Miglani |
| KEY PEOPLE | Sunil Miglani |
| COMPANY | PROMOTERS | Migsun |
| AREA SERVED | Ghaziabad |
| PRODUCTS | Commercial offices, Retail, Apartments |
| PROJECTS COMPLETED | Mahaluxmi Square, Mahaluxmi Metro Tower, Mahaluxmi Plaza, Mahaluxmi Mall |
| PROJECTS ONGOING | Migsun Migente Mall |
| PROJECTS UPCOMING | |
| DELIVERY TRACK RECORD | Not very satisfacitry |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Not satisfactory |
| RISK | updating soon… |
| DEBT | Yes |
| LITIGATION | Facing unfair trade practice charges in Indian courts |
| OFFICE ADDRESS | C1/C2 Mahaluxmi Metro Tower, Sector-4, Vaishali, Ghaziabad-201010, Phone – +91 120 4888650, eMail: info@migsun.in |
| BUILDER CATEGORY | BRONZE |
Price Appreciation Track Table Migsun Migente Mall
| YEAR | PRICE (PSF) | APPRECIATION/REMARKS |
| September-2019 | Retail Shop-₹14,990-24,990 | Launching Price |
| December-2020 | Retail Shop-₹14,990-24,990 | |
| January-2021 | Retail Shop-₹ |
Migsun Migente Price, Developers DeliveryTrack Record Comparison With Other surrounding Commercial Projects Of Raj Nagar Extension
| PROJECT NAME | PRICE (PSF) | POSSESSION RECORD |
| Migsun Migente | ₹14,990-24,990 | June-2024 |
| KW Delhi-6 | ₹13,000-21,000 | On-time |
| VVIP Mall | ₹17,000-24,000 | Ready, occupied |
| Ajnara Fragrance | ₹16,000-20,500 | June-2024 |
Conclusion | Advice
Migsun Migente ground floor retail shops are good for retail business startups.
The price is already on the very higher side and there is hardly any chance of early growth. The ground floor front-facing retail shop of Migsun Migente Mall may give 5% to 6% per annum return If this project completes in the set time frame.
CPR Ratings
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE PURCHASE OF PROPERTIES.
Malini Singh
Beware. They are fraud. I had booked a shop in their project more than an year back. The project didn’t get rera approval and so I wanted to withdraw which they had promised at the time of booking. After constant follow up also they never returned my booking amount
admin
Hi,
Thank you for your valuable comment.
Shekhar chauhan
Same here मेरा भी प्रोजेक्ट २०१२ का है धमकी और पैसा न देने के लिए बोल रहे है। वाह पुलिस भी इन लोगो का साथ दे रही है। कोई fir नही लिखती
Shekhar chauhan
चोर बिल्डर है saviour street मे पैसे मार रहे है लीगल जाना पड़ रहा है कोई और पैसे न फँसाये। चोर है बिल्डर भाग गया है सुना है पूरे एरिया का famous बिल्डर है चोर बाजारी मे। टीम और बड़ी चोर है। पता नही कैसे पैसा हजम कर लेंगे हमारा निकलेगा सब एक दिन इनके बीमारी और बच्चों मे। अगर ऐसा ही खायेंगे ये दलाल सब।
मेरा नंबर लो 9540054520 पूरी histry बात दुगा इन नंगो की। चोर है froud है सब दिखा दुगा mails, और धमकी कैसे देते है। ये गुंडे लोग। वह एक कुलदीप चोर दलाल, निशा, अमित नामक चोर भी है जो सबको प्यार से फसाते है और बाद मे धमकी देगे। मार देगे सीधे बोलते है। और बोलते है case कर लो हमारा और खाली है तुम लोगो की लिए। अगर proff चाहिए तो ले लेना मुझसे। नंबर दिया है अपना सब है मेरे पास। चोर टीम चोर बिल्डर। मरेगे सब हमारा पैसा खा की है।
Rahul
if you are also facing issues in Migsun Migente or any other project of this builder also. Kindly connect on.