CPR Ratings
As per Location
The Sawasdee JLG Galleria commercial property investment project (retail shops, food courts, hotel, and studio apartments) is situated in a very prime location of sector 63 Noida. It’s 2-side open corner property. The project is just walking distance from NH-9 Highway. The project is at the front of Electronics City Metro Station (sector 62 Noida metro station).
Sawasdee JLG Galleria is just a 10-15-minute drive from high-density population areas such as Indirapuram, Vasundhara, Pratap Vihar, Vijay Nagar, Siddharth Vihar, Sector 63A Noida, etc. The project is also surrounding by full functional Industrial sectors such as 63, 64, 65, and sector 57 of Noida.
Sector 62 Noida is an IT/BPO company’s destination, already several big IT (Information technology) companies and higher educational institutes are working here such as Nuclear Software, IBM, IMS management college, IMS Law College, JP Management college, Noida Expo Center, Airtel, and JIIT, etc.
Sawasdee JLG Galleria is very well connected to multiple public transport facilities and other civic facilities. Overall it is an approachable location commercial property.
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | Sawasdee JLG Galleria– UPRERAPRJ320171 |
| Launch/Start Date | March-2019 (18-03-2019) |
| Possession Date (RERA) | June-2022 (30-06-2022) |
| Promoters Name | JLG Properties Private Limited |
| Contractor Name | Jai Om Sai Buildwell Pvt. Ltd. |
| Architect Name | Amit Kumar |
| Construction Stage | work on progress |
| Land Area | 2.4-Acre |
| COVID-19 Lockdown Status | COVID-19, an event of ‘Force Majeure’. Completion date extended for 6 months for all projects expiring on or after 25.03.2020 by the Government. |
Advantages | Good Factors
Sawasdee JLG Galleria is properly visible and walkable. The property is perfectly designed for maximum visibility. All the retail shops are properly visible from outside soundings roads.
All the retail spaces/shops are perfectly designed for maximum visibility. All the retail shops are a clear ceiling height of approx 18 Ft. which feels a perfect grandness & openness. The project is full of vigor and vitality. Sawasdee JLG Galleria has multiple entries. Multiple entry points attract customers/visitors quickly and provide maximum visibility/exposure to every area of the project. Which is a must-required factor to successful a commercial property investment project.
The property is right in the middle of high-density residential areas of Indirapuram, Vasundhara, Pratap Vihar, Vijay Nagar, Sector-62- Sector-63 Noida, etc. There are more than 3-lakh peoples. And that is a very good sign for investment in this approachable location commercial property.
All major educational institutions like Jaypee Business School, IMS & JSS Engineering college in close vicinity. The project is very well connected to the main points of Noida and Ghaziabad.
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS-SAWASDEE JLG GALLERIA | GRADING |
| Urban Rich Gentry | High Class, Upper Middle Class, Middle Class. Within walking distance, several high-density residential, and commercial areas such as Indirapuram, Pratap Vihar, Vijay Nagar, Siddharth Vihar, Sector-62, Sector-63, Sector-57, etc. | A1 |
| Prime Location | PLATINUM | A1 |
| Connectivity | 10-Minute drive from- Indirapuram, Pratap Vihar, Vijay Nagar, Siddharth Vihar. Walking distance from- Sector-62, Sector-63 Noida, and NH-9. Nearest Metro Station -Walking distance (Electronic City Metro Station) Airport-20-minutes drive (Hindon Domestic Airport) |
A1 |
| Layout Design | Good, Double Height Retail. | A |
| Multiple Entries | Yes | A |
| Visibility | Highly visible, corner property, very wide frontage | A |
| High-Density population | Within a 3-Km radius more than -3Lakh urban rich population and can dens more in upcoming years. | A1 |
| Youthful Footfall | Yes | A1 |
| Public Security | Police Station -10-Minute Fire Station 10-Minute |
A |
| Industrial Area | Adjoined, 0-Km | A1 |
| Urban/Civic Facilities | Maximum facilities available | A |
| Developers Credibility | SILVER | B |
| Price Comparison | Very High Price | C |
| Competitors | Several Competitors within a radius of 1-KM such as Shipra Mall, Aditya Mall, Jaipuraia Mall, Indirapuram Habitat Center, etc. | B |
| Expected ROI | May takes time | C |
Why Invest
Approachable location, metro connectivity, easy public transportation facilities, Highly visible retail, right in the middle of the high-dens urban rich population, fine layout design.
Products & Developer
Sawasdee JLG Galleria is under development by the JLG Properties Private Limited. The project is consists of Retail Shops, Food Courts, Banquet Halls, and a 4-star Hotel.
Builders Profile
 |
|
| PREDECESSOR | Galaxy Dream Home Developers Private Limited, Panch Tatva Promoters Private Limited |
| FOUNDED | 2012 |
| FOUNDERS | Pradeep Kumar Agrawalla |
| KEY PEOPLE | Pradeep Kumar Agrawalla, Sheetal Kumar Agrawalla |
| COMPANY | PROMOTERS | Galaxy |
| PRODUCTS | Apartments, Commercial offices, Shopping Malls, Retail |
| AREA SERVED | Noida, Greater Noida |
| PROJECTS COMPLETED | Galaxy Diamond Plaza |
| PROJECTS ONGOING | Galaxy Blue Sapphire Plaza, Sawasdee JLG Galleria |
| DELIVERY TRACK RECORD | Not satisfactory |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Not Satisfactory |
| RISK | Updating soon… |
| DEBT | Yes |
| LITIGATION | Updating soon… |
| OFFICE ADDRESS | H-175 Sector 63, Noida, Uttar Pradesh 201301, Phone: +91-9211088000, eMail: info@thegalaxygroup.com |
| BUILDER CATEGORY | SILVER |
Fact Check
The sale/booking price of retail shops of the Sawasdee JLG Galleria is already on the very higher side. If we compare the retail shops’ price among other nearby reputed ready to move prime location commercial properties/projects of Indirapuram, then we find that the price of Sawasdee JLG Galleria retail shops is higher approx INR Rs ₹6,000/- per sq. Ft. While it is under construction commercial property.
More Updating soon…
10-Acre Factor
According to a survey conducted by CPR, the commercial projects which are less than 10-Acre area are not as successful as above 10-Acre commercial projects.
A less than or up to 5-acre or less than the 10-acre commercial project has not enough space for all the facilities which are required to capture big brands, multinational companies, and public attraction. let’s check the facts by a table:-
| PROJECT NAME | PROJECT AREA | RE-SALE PRICE/REMARKS |
| Express Trade Tower-2, Noida | 5-Acre | The price tuck at 5,000-PSF for the last several years. Leasing is also not very impressive. |
| Logix Technova, Noida | 5-Acre | The price stuck at 5,000-PSF for the last several years. Leasing is also not very impressive. |
| Jaipuria Mall-Indirapuram | Less than 5-Acre | Fail |
| Aditya Mall-Indirapuram | Less than-5 Acre | Fail |
| Wave One, Noida | Less than 4-Acre | Stuck |
| Wave Silver Tower | Less than 4-Acre | Not very impressive |
| Urbtech NPX | Less Than 4-Acre | Stuck |
| Center Stage Mall, Noida | Less than 7-Acre | Not very impressive |
| ATS Bouquet, Noida | 7.5-Acre | The price stuck at 5,000-PSF for the last several years. Leasing is also not very impressive. |
| GIP, Noida | Above-10 Acre | Working very fine, fully occupied |
| Shipra Mall | Above-10-Acre | Working very fine, fully occupied |
| Bhutani Alphathum, Noida | 17-Acre | Successful-high returns |
| Indirapuram Habitat Centre | Over 10-Acre | Working Very Fine |
| DLF Mall of India | Over-10-Acre | Working very fine, fully occupied |
| Select CITYWALK, Saket | Over 10 Acre | Working very fine, fully occupied |
The above table shows that investment in the bigger commercial project is very fruitful in comparison to small commercial projects. Sawasdee JLG Galleria is only a 2.4-Acre commercial project. And in this consideration, the Sawasdee JLG Galleria may not perform well.
Price Appreciation Track Table Sawasdee JLG Galleria
| YEAR | PRICE (PSF) | APPRECIATION/REMARKS |
| March-2019 | Retail Shops-₹29,00-34,000 Food Court-₹ |
Launching Price |
| March-2020 | Retail Shops-₹29,00-34,000 Food Court-₹ |
No Change, same as above |
| March-2021 | Retail Shops-₹29,00-34,000 Food Court-₹ |
No Change, same as above |
| March-2022 | Retail Shops-₹29,00-34,000 Food Court-₹ |
No Change, same as above |
Conclusion
The price is already on the very higher side, so there is a little chance of early growth.
CPR Ratings
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE PURCHASE OF PROPERTIES.
