As per Location
The Artha Mart retail shops are a part of IT-ITes commercial property investment project Artha SEZ (Trustone City) It is located on the Noida Greater Noida link road, Tech-Zone-4 Noida Extension (Greater Noida West). It’s a 4-side open corner property. The project has a wide frontage.
The Artha SEZ (Trustone City) is right in the middle of an approach full location of Greater Noida West. The project is just 5 to 15 minutes distance from several important connecting points of Greater Noida West such as Gaur Chowk, Sector 121 Noida, NH-9 ( previously known as NH-24 Highway) Ghaziabad & Knowledge Park-5.
The project is on the way to the Metro rail route and properly connecting with transportation facilities. Overall Artha Mart is an approach full location retail commercial project.
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | Artha Mart – UPRERAPRJ981876 |
| Start/Launch Date | December-2019 |
| Possession Date | December-2028 |
| Construction Stage | Primary |
| Construction Company | Mount Everest Constructions Ltd |
| Architect Name | Gyan P Mathur |
| 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. |
Fact Check
The Techzone-4 of Noida Extension (Greater Noida West) has oversupplied commercial property investment projects. This location of Techzone-4 has already crossed the limit of commercial property investment projects. Actually, at present, there is no need for any new commercial projects at this location.
Actually, at a distance of 100-meter to 400-meter along with Artha Mart, there are more than 3-mega commercial projects are exist (Ready to move & under construction) such as Ocean Golden-i, Bhutani Grandthum, and NX-One, and several other society shops, etc.
There is a very big gap in demand and supply. The supply is very high in comparison to demand. All the above said commercial property investment projects are creating investment competition at this location. So in the future investors may face very tuff competition in leasing and selling their retail shops and office spaces, studio apartments, serviced apartments in all the above said commercial projects.
As we analyze that the Artha Mart, retail shops have a loading of more than 50%, it means a small shop of around 326 sq ft, may end only 162.9 sq ft carpet area. Retails shops front (width) is also small.
Apart from the front-facing lower ground floor and upper ground floor retail shops, the layout design of the rest of the project is not very impressive.
More Updating soon…
Advantages | Good Factors
The developer has a good track record in the real estate industry.
More Updating Soon…
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS-ARTHA MART | GRADING |
| Urban Rich Gentry | Middle Class, Adjoind with IT-Office Campus | B |
| Prime Location | SILVER | B |
| Connectivity | 10-Minute drive from- NH-24, Sector 121 Noida, Ecotech-3, & Knowledge Park-5. Domestic Airport-23Km (Hindon Airport) Ghaziabad Railway Station-16Km |
A |
| Layout Design | Updating Soon… | |
| Multiple Entries | Updating Soon… | |
| Visibility | Updating Soon… | |
| High-Density population | Adjoined with IT-Office Campus | B |
| Youthful Footfall | Yes | A |
| Public Security | Mahila Thana-Ecotech-3, 15-Minute Police Station -10-Minute Fire Station 10-Minute |
A |
| Industrial Area | Within 3-Km, Ecotech-3,4, 11,12 | A |
| Urban/Civic Facilities | Maximum facilities available | B |
| Developers Credibility | Quality Construction. SILVER standard Developer | B |
| Price Comparison | High Price in comparison of surrounding under construction commercial projects | C |
| Competitors | Several competitors within a radius of 1-KM | C |
| Expected ROI | May takes long time | C |
Advice
Updating Soon…
Products & Developer
Artha Mart is under development by Artha Infratech Private Limited. The project consists of Retail Shops, etc.
Builders Profile | Track Record
 |
|
| PREDECESSOR | Wegmans Industries Private Limited, Wegman Builders & Developers Private Limited, Artha Infratech Private Limited |
| FOUNDED | 1992 |
| FOUNDERS | Surander Kumar Gupta |
| KEY PEOPLE | Surander Kumar Gupta, Sudeep Gupta, Shagun Gupta |
| COMPANY | PROMOTERS | Wegmans Trustone |
| PRODUCTS | Commercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail |
| AREA SERVED | Delhi-NCR (Delhi, Noida, Greater Noida, Ghaziabad) |
| PROJECTS COMPLETED | Wegmans Business Park |
| PROJECTS ONGOING | Artha Sez Trustone City |
| PROJECTS UPCOMING | |
| DELIVERY TRACK RECORD | Updating Soon |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Quality construction |
| RISK | Updating soon.. |
| DEBT | Updating Soon… |
| LITIGATION | Updating Soon… |
| OFFICE ADDRESS | Corporate Office F-7 | East of Kailash |New Delhi | India | 110065 Phone: 011 46601120, 26476211/77 (Landline), eMail: Info@trustoneindia.com |
| BUILDER CATEGORY |
SILVER |
ALSO READ: Top 10 Best High Rise Residential Societies For Living in Noida
ALSO READ: Top 10 Best High-Rise Residential Societies For Living in Noida Extension
ALSO READ: Top 10 Best High-Rise Residential Societies For Living in Greater Noida
Artha Mart Price, Developers Delivery Track Record Comparison With Other surrounding Commercial Projects Of Noida Extension
| PROJECT NAME | PRICE (PSF) | POSSESSION RECORD |
| Artha Mart | Retail-₹23,900 | December-2028 |
| Ocean Golden i | Office Space-₹5,000 Retail Shop-₹17,000-19,000 |
Delay, possession date revised several times, now June-2022 |
| Grandthum | Office-₹4,250 Retail-₹17,990 |
On-Time, June-2023 |
| NX-ONE | Office-₹5,149 Retail-₹17,990 |
Delay, possession date revised several times, now December-2024 |
| Gaur City Center | Office- Retail-₹25,900 |
Delay, possession date revised several times, now January-2024 |
| ATS Kabana High | Office-₹6,000 Retail-₹25,000 |
First mega commercial project by this builder, possession May-2026 |
| Galaxy Diamond Plaza | Office-₹6,490 Retail-₹24,000 |
Delay, possession date revised several times, now September-2020 |
| BW Walk Mall | Office-₹6,483 Retail- |
Delay, possession date revised several times, RERA date has been passed. still no progress. |
| Galaxy Blue Sapphire Plaza | Office-₹6,499 Retail-₹26,000 |
Delay, possession date revised several times, RERA date has been passed. Now the revised RERA date is July-2021 |
| AIMS Central Plaza | Retail-₹23,000 | March-2021 |
| Gaur World Street | Retail-₹25,900 | March-2027 |
| Mahagun Marina Walk | Office-₹5,990 Retail-₹28,000 |
December-2025 |
| London Mart | Office- Retail-₹19,990 |
Delay, possession date revised several times, now phase-1 July-2022 |
| Apex Park Square | Retail-₹24,900 | The first mega commercial project, May-2022 |
| PKS Town Central | Retail-₹26,000-30,000 | Delay, possession date revised several times, Now Phase-1 August-2022, Phase-2 August-2023, Phase-3 August-2024 |
| Ufairia Mall | Retail-₹16,00-20,000 | Delay, possession date revised several times, now December-2024 |
| Saya South X | Retail-₹26,500 | The first mega commercial project, September-2023 |
ALSO READ: Top 10 Best High Rise Residential Societies For Living in Dwarka Expressway Gurgaon
ALSO READ: Top 10 Best Residential Societies For Living in Golf Course Extention Road Gurgaon
Price Appreciation Track Table Artha Mart
| YEAR | PRICE (PSF) | APPRECIATION/REMARKS |
| December-2019 | Lower Ground-₹19,900 Ground Floor-₹23,900 First Floor-₹17,900 Second Floor-₹17,900 |
Launching Price |
| April-2021 | Lower Ground-₹19,900 Ground Floor-₹23,900 First Floor-₹17,900 Second Floor-₹17,900 |
same as above |
| March-2022 | Lower Ground-₹19,900 Ground Floor-₹23,900 First Floor-₹17,900 Second Floor-₹17,900 |
Conclusion
Updating Soon…
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE PURCHASE OF PROPERTIES.
