As per Location
Downtown The Emporia Mall is situated on the Morti Village Road of the Raj Nagar Extension, Ghaziabad. The project is not exactly on the Raj Nagar Extension Bypass road. It is just 100-meter away from the main Raj Nagar Extension Bypass road. The project is properly visible and walkable.
Downtown the Emporia commercial is close to several high-rise residential societies of Raj Nagar Extension. Prominent institutions & schools are in close proximity such as GD Goenka School, Parivartan School, etc.
The project is just a 5-Minutes drive from Hindon Elevated Road & Meerut Road etc. The project is properly connected with multiple public transportation facilities and other civic facilities.
Downtown the Emporia is on the way of the people coming from Delhi and Trans Hindon River area, who stayed in Raj Nagar Extension. So can say that the location of the Downtown The Emporia is very much impressive.
Possession | Construction Update
Construction Status | Under Construction |
RERA Registration No | Capable The Emporia – UPRERAPRJ769268 |
Launch/Start Date | 15-3-2019 |
Possession Date | March-2024 |
Construction Stage | Ongoing |
Promoter Name | Capable Buildwell Private Limited |
Construction Company | Mr. Jagshoran Singh |
Architect Name | Mr. Anuj Agarwal |
Land Area | 2.458699 Acre |
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. |
REVIEW VIDEO
ALSO READ: How to Double Your Money Within 3 to 6 Years
ALSO READ: Fact Check, Which payment plan is better for commercial property investment
ALSO READ: Top 10 Best Commercial Property Investment Project Noida
Fact Check
Despite the Capable Downtown The Emporia is an approachable location project but the layout design of retail space is not very impressive. The project has an E-shape layout. Maximum E-shape layout design commercial projects of the upper ground and the lower ground segment is not working fine. Overall, according to us, the layout design is not very impressive.
As we analyze that Downtown the Emporia commercial spaces have a loading of approx 50%, it means you pay for 500 sq ft and get only 250 sq ft approx.
Maximum Mall or Mall type properties are not the good and safe investment options in Ghaziabad-Noida & Delhi area. The maximum investors who invested in Mall type properties are in 99% loss.
Actually, the Malls which are up for sale get defective. Only those Malls are working fine which has at least 75% stake for lease otherwise all other Mall type properties are the investment of 99% loss.
These days developers of Downtown the Emporia, offering some attractive schemes to customers to invest in this project, like the 12% assured return & pre-lease guaranty, and some other greedy payment plans.
The assured return and lease guaranty plan is a marketing trick to making fool to innocent investors. Actually, there is no 100% proof of lease guarantees.
That builder/project who offers this kind of investment offers is not in the category of secure investment, as our experience most pre-leased 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 wisely.
Basically, the assured return & pre-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 monthly rent to you in the form of EMI. Actually, they are making you fool.
Actually, assured return and pre-leased guaranty payment plans are the tricks of fundraising by fooling the public.
Capable The Emporia Price, Developers DeliveryTrack Record Comparison With Other surrounding Commercial Projects Of Raj Nagar Extension
PROJECT NAME | PRICE (PSF) | POSSESSION RECORD |
Capable The Emporia | 19,000-23,000 | Possession- March-2024, the first project by the builder |
KW Delhi-6 | 13,000-21,000 | On-time |
VVIP Mall | 17,000-24,000 | Ready, occupied, wide frontage, impressive architecture/layout |
Ajnara Fragrance | 16,000-20,500 | June-2024 |
Migsun Migente | 14,990-24,990 | June-2024 |
Products & Developer
This project is under development by the Capable Buildwell Private Limited. It’s a purely commercial property. The Capable The Emporia is consists of retail shops, office space & Hotel apartments.
Builder Profile
The Capable The Emporia is a new entry in the Ghaziabad real estate market.
ALSO READ: 5 Best Places For Investment, Living, Business & Shopping in Ghaziabad
ALSO READ: 10 Best High-Rise Residential Societies For Living in Ghaziabad
ALSO READ: 5 Best Places For Apartment Living in Noida
Price | Lease Price
Capable the Emporia is retail shops & office space price starts at approx:-
UNIT TYPE | FLOOR | SIZE (Sq Ft) | PRICE (PSF) |
Retail Shop | Ground Floor | 23,000 | |
Retail Shop | Lower Ground | 21,000 | |
Retail Shop | Upper Ground | 19,000 | |
Office Space | |||
Hotel Apartment |
The price is already on the very higher side and there is hardly any chance of early growth.
Conclusion
For investment in the Raj Nagar Extension. It is better to find out some good layout design commercial projects.
CPR Ratings
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH