As per Location
The Gera’s Imperium Rise is situated at the Rajiv Gandhi Infotech Park Hinjewadi Phase-2 Pune Maharashtra. It’s a 2-side open corner property with eye-catching visibility.
Mumbai Pune bypass road is just 7-minutes drive from Gera’s Imperium Rise. Pune international airport is at a distance of 26.2-Km from Imperium Rise (via Hinjewadi Aundh Road). The Gera’s Imperium Rise is properly connected with the main points of Hinjewadi & Pune City. Gera’s Imperium Rise is very well connected to the residential areas of Hinjewadi.
The project is close to several big IT-companies such as Infosys, Wipro Technologies Ltd, Mannara Technologies, BARCLAYS, Wipro Technologies, Emerson Innovation Center, IBM, Tech Mahindra, TCS, Birlasoft, etc.
Prominent institutions are in the closest proximity such International Institute of Information Technology, Symbiosis Institute Of International Business, Mindqsystems Pune, Symbiosis Infotech Campus, etc. Major hotels such as Hyatt Place, Ibis Pune, Grand Tamanna Hotel, The Orritel Hotel, Radisson Blu, Courtyard by Marriott, Holiday Inn are also in close proximity.
The project is close to several government offices such as MIDC Ultra Modern Fire Station, HSY desk, Registrar Office Hinjewadi, Pune, etc. So can say that Gera’s Imperium Rise is an excellent location project.
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | Gera’s Imperium Rise – P52100001786 |
| Start/Launch Date | 29-7-2017 |
| Possession Date (Expired) | June-2019 |
| Possession Date (Revised) | December-2020 |
| Construction Stage | Ongoing |
| Construction Company | |
| 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
Gera Imperium Rise is the central location of several multinational companies and residential group housing societies such as The Crown Greens, High Mont, Tinsel Town by Kohinoor Group, Saarrthi Sovereign Housing Society, Global E Homes, Menlo Homes Hinjewadi, Yashwin Hinjawadi, Paranjape Blue Ridge, Kumar Megapolis, etc. There are more than 10-thousand flats and an urban rich population of more than 30-thousand people. And that is a very good sign for commercial property investment.
The layout design of the IT-office space is very impressive. The office space is well furnished and perfectly designed for maximum visibility. The IT-office space designed to suit international standards. The project has a proper parking space for stakeholders and visiting guests.
The layout design of retail spaces is also very impressive. The retail space is properly visible from outside roads. Overall the project has a very impressive layout design and elevation.
The ground floor commercial retail shops of Gera’s Imperium Rise are perfectly designed for maximum visibility. The ground floor retail shops are good for well established branded showrooms and restaurants. The investment in the ground floor retail shops is good for retail business startups and for regular rental income.
The Gera’s Imperium Rise is properly connected with multiple public transportation facilities and other civic facilities. Which is also a very good sign for commercial property investment.
The project is approved by the Pune Development Authority and Maharashtra RERA, so there is no legal hassle in this project.
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS- GERA IMPERIUM RISE | GRADING |
| Urban Rich Gentry | Middle Class. Residential societies within a radius of 500-Meter-The Crown Greens, High Mont, Tinsel Town by Kohinoor Group, Saarrthi Sovereign Housing Society, Global E Homes, Menlo Homes Hinjewadi, Yashwin Hinjawadi, Paranjape Blue Ridge, Kumar Megapolis, etc | A |
| Prime Location | GOLD | A |
| Connectivity | Mumbai Pune bypass-7-Minutes drive Airport-26.2-Km (Pune International Airport) |
A |
| Layout Design | Highly visible retail, International standards office space | A |
| Multiple Entries | Yes | A |
| Visibility | Highly visible, 2-side open corner property | A |
| High-Density population | More than 10-Thousand Flats and 30-Thousand urban rich people within walking distance and can denser more in upcoming years. | B |
| Youthful Footfall | Yes | A |
| Public Security | Police Station -15-Minute Fire Station 15-Minute |
A |
| Industrial Area | Within 1-Km | A |
| Urban/Civic Facilities | Maximum facilities available | A |
| Developers Credibility | Quality Construction & Maintenace. GOLD standard developer | A |
| Price Comparison | Competitive Price | A |
| Competitors | A few Competitors | A |
| Expected ROI | 4% to 6% Annually | A |
Products & Developer
Gera’s Imperium Rise is under development by the Gera Developments Private Limited. The project is consists of commercial retail shops, showrooms & IT-office spaces, etc.
Builders Profile | Track Record
 |
|
| PREDECESSOR | Gera Developments Private Limited |
| FOUNDED | 1988 |
| FOUNDERS | Pritamdas Gera |
| KEY PEOPLE | Rohit Gera, Nikhil Gera |
| COMPANY | PROMOTERS | Gera |
| PRODUCTS | Commercial Offices, Retail, Apartments, Hotels, Lesure & Hospitality |
| AREA SERVED | Pune, Goa |
| PROJECTS COMPLETED | Gera Imperium Rise, Gera Imperium Green, Gera Greens |
| PROJECTS ONGOING | Gera Imperium Alpha, Gera Imperium Premio, Gera Imperium Grand, Gera Imperium Star |
| PROJECTS UPCOMING | |
| DELIVERY TRACK RECORD | All completed project delivered on time |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | On-Time Delivery, Quality construction |
| RISK | Updating soon… |
| DEBT | Yes |
| LITIGATION | No case in the Indian courts |
| OFFICE ADDRESS | Registered Office: 200, Gera Plaza, Boat Club Road, Pune – 411 001, India. |
| BUILDER CATEGORY | GOLD |
Advice
Gera’s Imperium Rise is can be the right choice of investment for those who are looking for ROI within a couple of years or so. They can get a real appreciation of value for resale in a couple of years.
Price | Lease Price
The Gera’s Imperium Rise retail shops and office space price start at approx:-
| UNIT TYPE | SIZE (Sq Ft) | PRICE (PSF) |
| Retail Shops | 300-2500 | 18,000-21,000 |
| Office Space | 300-2500 | 10,000-12,000 |
The price is reasonable for investment.
Conclusion
Gera’s Imperium Rise ground floor retail shops are good for well-established brands & retail business startups. IT-office space is good for BPO, Software, IT-office setups, back-office support, call centers, etc. After completion, possession of the Gera’s Imperium Rise, Hinjewadi Pune, the investors may get a minimum of 6% per annum return if the builder complete this project in the set time frame.
CPR Ratings
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