CPR Ratings
As per Location
The Motia Royal Business Park is situated at Ambala Chandigarh Expressway Zirakpur Chandigarh. The Motiaz Royal Business Park is right in the middle of the high-density population area of Zirakpur.
Chandigarh international airport is just a 15-minutes drive from Motia Royal Business Park. The project is properly connected with the main points of Chandigarh & Zirakpur city. The Motiaz Royal Business Park is very well connected to the residential sectors of Chandigarh.
Prominent institutions & schools are in the closest proximity such as Shemrock World, Manav Mangal Smart World Zirakpur, Government Senior Secondary School, etc.
The Motia Royal Business Park is very well connected to multiple public transpiration facilities and other civic facilities. Overall, Motiaz Royal Business Park is a good location project.
Possession | Construction Update
Motiaz Royal Business Park is in the services since the year 2019.
Fact Check
Actually, at a distance of every 100-meter along with Ambala Chandigarh Expressway, and within a radius of 500-meter there are more than 8-mega commercial projects are exists (Ready to move & under construction) such as Sushma Infinium, GBP Centrum, Maya Garden Magensiya, Cosmo Mall, Global Business Park, Dhillon Square Mall, City Square, Raksha Business Centre, Motiaz Royal Business Park, etc.
There is a big gap in demand and supply. The supply is very high in comparison to demand. All the above said commercial properties/projects are creating an investment competition at this location. So the investors can face a very tuff competition in leasing and selling their retail commercial shops and office spaces. So invest carefully.
This location has oversupplied commercial projects. This location already crosses the limit of commercial property development. Actually, at present, there is no need for any new commercial projects.
Advice
The serviced apartments/studio apartments/hotel apartment can be a good investment option if actually, they are pre-leased to any reputed hospitality brand.
Products & Developer
The Motia Royal Business Park is developed by the Motia Group. The project is consists of retail shops, restaurants, office space, serviced apartments, SOHO, etc.
Builders Profile | Track Record
 |
|
| PREDECESSOR | Motia Developers Private Limited |
| FOUNDED | 2005 |
| FOUNDERS | Pawan Bansal, Hem Raj Mittal |
| KEY PEOPLE | Labh Chand Mittal, Meshi Mittal, Kewal Bansal |
| COMPANY | PROMOTERS | Motia’z |
| PRODUCTS | Commercial Offices, Retail, Apartments |
| AREA SERVED | Chandigarh-Zirakpur, Panchkula, Mohali |
| PROJECTS COMPLETED | None |
| PROJECTS ONGOING | Motia Royal Business Park, Motia Guildford Square |
| DELIVERY TRACK RECORD | Average |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | ??? |
| RISK | Delay Possession |
| DEBT | Yes |
| LITIGATION | (Check yourself) |
| OFFICE ADDRESS | Chandigarh – Ambala Highway, Distt. Zirakpur, Punjab Phone: +91 8860095959, Email: info@motiagroup.com |
| BUILDER CATEGORY | SILVER |
ALSO READ: How to Double Your Money by Investing in Commercial Real Estate
Price | Lease Price
Motia Royal Business Park retail shops, office spaces, serviced apartments, price starts at approx:-
| UNIT TYPE | FLOOR | PRICE (PSF) |
| Soho/Studio | 9Th to 13Th | 6000-6700 |
| Retail Shop | Ground Floor | 10,100 |
| Retail Shop | First Floor | 9100 |
| Retail Shop | Second Floor | 8600 |
| Retail Shop | Third Floor | 8100 |
| Retail Shop | Fourth Floor | 7500 |
| Retail Shop | Fifth Floor | 6790 |
Conclusion
For investment at the Ambala Chandigarh Expressway Zirakpur. It is better to choose the best location & layout design commercial projects.
CPR Ratings
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH
