Review: Investment in EON, Sector 140A, Noida, Loss or Profit

Advice:- Before investing in this project please check the dues of Noida Authority related to this/Project/Land/Company/Developer, and whether any dues are pending or any EMI is not up to date, then the investment may be risky.

As per Location
We can see the location of the Eye Of Noida (EON) commercial property investment project (retail shops & office spaces) with 3 logical points.
The First One: The Eye Of Noida (EON) is just walking distance from fully functional mega IT-related services projects such as Advant Navis Business Park, Ansals API Corporate Park, Alphathum, and it is also adjoined with the advanced stage under construction mega commercial project Bhutani Cyberthum. This creates investment competition, and in this consideration, the location of EON is not very impressive.

Second One: The Eye Of Noida (EON) retail spaces may not get very many benefits for the residential population of Sector 137 Noida. Because of the Advant Navis Business Park, Sector 137 Noida Society Shops, Alphathum retail/Mall is a much better approachable location for sector 137 and sector 93 Noida residents for shopping and other commercial needs.

Third One: The Eye of Noida (EON) is properly connected with multiple public transportation facilities and other civic facilities. It is just walking distance from Sector 142 Noida Metro Station & Noida Greater Noida Expressway, hence it is an approachable location for commercial property investment projects.

Possession | Construction Update

Fact Check
Surprisingly, their starting/launching sale price is quoted very low, approx ₹2,999 Per Sq Ft. A good quality commercial project construction cost comes to around ₹3,000 per sq ft, and apart from this construction cost, marketing charges, and broker commission are also additionally added to this cost. now the question is can they will complete this project?

Investor Clinic is the lead broker of this commercial property investment project which is associated with many stuck projects, the biggest example of this default/stuck is Amrapali Group.

The commercial project which is bigger and will give possession first in this location of sector 140A of Noida Expressway can give better returns in compression of other commercial property investment projects of this location. Our Investment better growth depends on the possession first. So it is better to invest in advanced stage under construction commercial projects or ready-to-move commercial property investment projects.

There are many incomplete/stuck commercial property investment projects in Noida and Greater Noida, such as Festival City, Wave City Center, Patel Neo Town, Intel City, AMR The Great Adventure Mall, Vardhman Alfa Square, Cosmic, Amrapali Tech Park, Premia, Indirapuram Habitate Center and many more, in which many do not seem to have any chance of completion. If you want to avoid this hassle, then choose those builders who have zero liability, no debt, no litigation, and a good track record.

It would be good if you check that if this builder’s project is not sold, then whether it will be capable of making it or not. It is better to do all the fact-checks before investing.

These days developers of the EON offer many attractive schemes to customers to invest in this project, like the 12% assured return, lease guaranty, and other greedy payment plans.

That builder/project who offers this kind of investment offers is not in the category of secure investment, as in our experience most assured return and lease guaranty properties are the investment of loss.

Do not put your hard-earned money in the builder’s seduction, assured return & under-construction pre-lease guarantee properties maximize the risk of investment. So invest carefully.

Profitable resale in assured return & under-construction pre-leased guaranty commercial property investment projects takes a very long time to grow. There are several examples of flop-assured return projects in the Delhi-NCR area. Actually, assured return and pre-leased guaranty payment plans are the tricks of fundraising by fooling the public.

MORE UPDATING SOON…

Advantages | Good Factors
The Eye Of Noida (EON) is less than 5 to 10-minutes away from the main residential areas/connecting points of the Noida Expressway such as Sector 142, Noida Metro Stations & highly urban rich residential areas of Sector 143, & Sector 137 of  Noida. Which ensures a high-class footfall to Eye Of Noida  (EON).

All the retail spaces/shops are perfectly designed for maximum visibility. All the ground floor retail shops are a ceiling height of approx 20. Ft. and the first floors shops ceiling height is approx 15-Ft, which feels a perfect grandness & openness. It’s a LEED USGBC Green Building.

Eye Of Noida (EON) Is just 40 minutes away from Upcoming Jevar International Airport. Which ensures easy international connectivity and attracts multinational companies.

Eye Of Noida (EON) is very well connected to multiple public transportation facilities. The project is just walking distance from sector 140 Noida metro station. The project is just walking distance from several high-density urban rich residential population areas of Noida Expressway.

More updating soon…

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10-Acre Factor
According to a survey conducted by CPR, 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 had enough space for all the facilities which are required to capture big brands, multinational companies, and public attractions. let’s check the facts by a table:-

The above table shows that investment in the bigger commercial project is very fruitful in comparison to small commercial projects.

Investment Tips 
Before investing in commercial real estate, it is better to decide why you are investing.
Actually, there are two types of investors, the first one who buys retail shops or office space for self-use and the second one who bought it for pure rental income and sell when getting some appreciation.

So if you are buying it for your self-use, you can buy any size according to your uses, but if you are buying it for pure rental or appreciation income, then go for virtual space or buy at least a minimum of 1000 sq ft carpet area, because if you buy a small shop or office space for rental income you hardly get any brand.

The brands or multinational companies want the bigger space for their operations. And there are several must require things such as dedicated bigger parking spaces, negotiations in CAM charges, specific signage, dedicated power backup, bigger space in a single floor plate, and several must require NOCs, which are very difficult to arrange by a small or individual investor.
So that, before investing in any commercial project, talk to the developer, that you won't buy it for self-use, but for pure rental income, and hand over/responsible it for the developer to lease out.

otherwise, you won't get your expected appreciation or may get delayed appreciation or loss.

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Eye Of Noida (EON) Price & Delivery Track Record Comparison With Other Projects/Developers Of Noida Expressway

Advice
There are many incomplete/stuck projects in Noida and Greater Noida, such as Festival City, Patel Neo Town, Intel City, AMR The Great Adventure Park, Cosmic, Amrapali Tech Park, Mayfair Residency, Monarch, Indirapuram Habitate Center, and many more, in which many do not seem to have any chance of completion. If you want to avoid this hassle, then choose those builders who have zero liability, no debt, no litigation, and a good track record.
It would be good if you check that if this builder’s project is not sold, then whether it will be capable of making it or not.

It is fact, commercial property investment is not subjected to the real estate market appreciation. It is directly related to several important factors such as Location, Layout design, Maximum Visibility, Easy Approach, Urban Rich Gentry, Civic Facilities, and Limited Supply. Actually, commercial property investment is a science. If you understand this then you will become a gainer, and otherwise loser.

ALSO READ: How to Double Your Money by Investing in Commercial Real Estate

Commercial Real Estate Project Investment Criteria Table

Also Read:- Assured Return V/S Actual Return

Products & Developer
The Eye Of Noida (EON) commercial property investment project is under development by Fairfox IT Infra Private Limited. The EON consists of Retail Shops, IT-Office Spaces, etc.

Builders Profile | Track Record

Price Appreciation Track Table Eye of Noida (EON

Conclusion
What is really happening nowadays? residential property is no longer a favorite for investment. Now the builders are trying to pull the investor’s hard-earned money in the name of investment and growth in oversupplied commercial property investment projects by creating the hype. Be careful. Our Advice, for investment, is to choose the project which will give possession first at this location of Noida Expressway.

MORE UPDATING SOON…

CPR Ratings

The article is in the process of updating, friends if you have any suggestions please write in the comment box.

NOTE:  BEFORE INVESTING, DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE OR PURCHASE OF PROPERTIES.