Review : Investment in Evercon Twin Star, Rajkot, Loss or Profit

Rajkot

CPR Ratings

As per Location
The Evercon Twin Star is situated in Nana Mava Circle, Rajkot, Gujarat. It’s a 3-side open corner property with 100% visibility. The project has a wide frontage.

The Rajkot airport is just 5-KM away from Twin Star. The Twin Star is properly connected with the main points of Rajkot City. The Twin Star is in the center of several posh residential colonies.

The Evercon Twin Star is properly visible and walkable to nearby residents and easily accessible to several high-rise residential societies. The project is very well connected to multiple public transportation facilities and other civic facilities.

The EverconTwin Star is situated in a high-density population area of Rajkot.  There are more than 15 thousand flats and more than 45-thousand urban rich residential populations. This is a very good sign of commercial property investment.

Prominent institutions, schools are in the closest proximity such as Atmiya School, Parishram School, Shree M. & N. Virani Science College, Parishram School, Sunshine Group of Institutions etc. Major hotels such as Regenta RPJ Rajkot, Marasa Sarovar Portico, Rajkot, KK Beacon Hotel, Rajkot, Hotel Pallav, the Imperial Palace are also in close proximity.

The project is close to several government offices such as Rajkot Rajpath Ltd, Integrated Command And Control Center, Police HQ Mavdi, PGVCL Offices, etc. So can say that EverconTwin Start is an excellent location project.

Possession | Construction Update
The Evercon Twin Star is under construction. According to several real estate portals and builders, the promised date of delivery/possession of the project is in the year of  December-2019.  And according to RERA the promised date of delivery of the project is in the month of March-2023. RERA REGISTRATION No  PR/GJ/RAJKOT/RAJKOT/Others/CAA02852/070618

Evercon Twin Star, Nana Mava Circle, Rajkot

Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORS ACTUAL FACTS-EVERCON TWIN STAR GRADING
Urban Rich Gentry Upper Middle Class. Middle Class. Within walking distance, several high-rise residential group-housings and colonies. A
Prime Location GOLD A
Connectivity Properly connected with public transportation facilities.
Airport-05Km (Rajkot Airport)
A
Layout Design Grand ceiling heights, full of vigor and vitality, excellent layouts, wide corridors, proper sitting & walking arrangements, highly visible retail. A
Multiple Entries Yes A
Visibility Eye-catching visibility, 3-side open corner property, wide frontage A1
High-Density population Within 500-Meter radius more than 15-Thousand Flats and 1-Lakh urban rich people and can denser more in upcoming years. A
Youthful Footfall Yes A
Public Security Police Station -15-Minute
Fire Station 15-Minute
A
Industrial Area Within 5-Km A
Urban/Civic Facilities Maximum facilities available B
Developers Credibility SILVER standard Developer B
Price Comparison Competitive price A
Competitors Several competitors within a radius of 1-KM B
Expected ROI 5% to 6% Annually A

 

Advantages | Good Factors
The Nana Mava Circle of Rajkot is a high-density population area and can denser more in upcoming years. There are more than 15-thousand high-rise residential flats and an urban rich residential population of more than 45-thousand peoples surrounding the Twin Star project. Which is a very good sign for commercial property investment.

The layout design of commercial office space is very impressive. The office space is well furnished and designed to cater to every business. The project has a proper parking space for stakeholders and visiting guests.

ALSO READ: How to Double Your Money by Investing in Commercial Real Estate

The EverconTwin Star has a wide frontage. The layout design of retail spaces is also very impressive. The retail space is properly visible from outside roads. Overall the project has a world-class layout design and elevation.

The ground floor commercial retail shops of Evercon Twin Star are perfectly designed for maximum visibility. The ground floor retail shops are good for well established branded showrooms. The investment in the ground floor retail shops is good for retail business startups or regular rental income.

The EverconTwin Star is a one-stop-shop solution that suits every business from small to mid-sized modern industries who desire perfect retail/showroom/office space for their startup business projects.

The Evercon Twin Star is properly connected with multiple transportation facilities and other civic facilities. The project is in the central location of several posh residential areas of Nana Mava Cercile Rajkot. And that is also a very good sign for commercial property investment.

The EverconTwin Star is approved by the Rajkot Development Authority and Gujarat RERA, so there is no legal hassle in this project. So there is no doubt that the investment in Twin Star commercial project/property is Excellent.

Products & Developer
Twin Star is under developing by the Evercon Developers Private Limited. The project is consists of commercial retail shops, showrooms commercial office space, etc. The project ensures a proactive approach towards the environment.

Builders Profile | Track Record

  Evercon Developers, builders,profile,track record
PREDECESSOR Om Kirti Construction Private Limited, Evercon Developers Private Limited
FOUNDED 1996
FOUNDERS Bharatkumar Girjashanker Joshi, Dineshkumar Popatbhai Sorathia
KEY PEOPLE Bharatkumar Girjashanker Joshi, Dineshkumar Popatbhai Sorathia
COMPANY | PROMOTERS Evercon
AREA SERVED Rajkot
PRODUCTS Commercial offices, Retail, Apartments
PROJECTS COMPLETED None
PROJECTS ONGOING Evercon Twin Star
PROJECTS UPCOMING  
DELIVERY TRACK RECORD Good
NET WORTH
STRENGTH
COMMITMENT Quality construction
RISK Updating soon…
DEBT Yes
LITIGATION  No case in the Indian courts
OFFICE ADDRESS 501, Shilp Tower, Tagore Road, GIDC, Udhyog Nagar,
Bhakti Nagar, Rajkot, Gujarat 360002, Phone: 0281 246 2057, eMail: info@evercon.in
BUILDER CATEGORY SILVER


Advice

The EverconTwin Star is can be the right choice of investment for those who are looking for ROI in the next year or so. They can get a real appreciation of value for resale in a couple of years.

At the present scenario, real estate investments have a lot of ups and downs. but this Project is full of vigor and vitality, which makes it the perfect place to enjoy a comfortable, convenient and uncluttered lifestyle.

While there is no doubt that investing in commercial property is a good idea that offers sizeable returns in the long run, but you cannot just invest in any property you come across. You need to be aware of the fine-tuning of the market and put in due consideration before putting your hard-earned money on it. It can sink to you or fleet cross it too.

The development and the construction of the Evercon Twin Start project will depend solely on the speed at which the retail shops, office spaces, and serviced apartments are sold out.

Price | Lease Price
The EverconTwin Star Nana Mava Circle retail and office space are available in sale and resale. The price depends on the location, floor, and asking price.

FLOOR Area (SqFt) PRICE (PSF)
Ground Floor 300-1550 Updating soon
First Floor 500-1550 Updating soon
2nd & 3rd Floor 3100 Updating soon
Office 2nd to 21st 600-800 Updating soon

 

Conclusion
The EverconTwin Star is good for well established retail brands and also for retail business startups. The project is also good for big brands’ office setups.

After completion, possession of the Evercon Twin Star, Rajkot, the investors may get a minimum of 5% to 6% to per annum return if the builder complete this project in the set time frame.

CPR Ratings

Investors Vote
[Total: 4 Average: 4]

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*

Lost Password