Advice:- Before investing in this project please check the dues of Greater 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
Group-108 One FNG commercial property investment project, business park, (IT office spaces & retail shops) situated in sector 142 Noida, on the service road of the Noida Greater Noida Expressway.
We can see the location of the Group-108 One FNG commercial property investment project (retail shops & office spaces) with 3 logical points.
The First One: The Group-108 One FNG is just walking distance from several IT-Office-Space projects such as Advant Navis Business Park, Ansals API Corporate Park, Assotech Business Cresterra, Alphathum, and it is also adjoined with the advanced stage under construction mega commercial project Bhutani Cyberthum, and other under construction Business Parks projects. Hence its an oversupply property investment location creates investment competition, and in this consideration, the location of Group-108 One FNG is not very impressive.
Second One: The investment in Group-108 One FNG retail spaces may not be appreciated because of a big and better commercial project, Bhutani Cyberthum is a much more approachable location for sector 142 and sector 143 Noida residents, which is nearing possession.
Third One: Despite this, One FNG is an approachable location commercial project, but it is also an oversupplied IT-Office-Space project location, therefore, the investment can take a very long time to grow.
more updating soon…
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | ONE FNG- UPRERAPRJ279516 |
| Construction Start Date | 01-09-2023 |
| Possession Date | 13-08-2028 |
| Construction Stage | Ongoing (All Phases) |
| Construction Company | Jindal Steel and Power Limited |
| Promoter Name | Group-108 (SS TECHNOPARK PRIVATE LIMITED) |
| Land Area | 14.46 Acres (58536 Sq Mtr) |
| Parking | |
| Floors | G+37 |
| Live Updates | On Request, Please email at “commercialpropertyreview@gmail.com” |
Fact Check
At present time the Noida Greater Noida Expressway have oversupplied IT-Office Space commercial projects/properties. This location already crosses the limit of IT-Office-Space type commercial property investment projects. Actually, at this location, there is no need for any new commercial property investment projects at this time.
At this location, there are more than 12 ready-to-move and under construction IT-OFFICE-SPACE type commercial projects within a radius of One-two Kilometer, such as Bhutani Cyberthum, CRC The Flagship, Fairfox EON, M3M The Cullinan, Bhutani Alphathum, Splendor Onyx Blue, Orion One32, Logix Technova, Saya Status, Urbtech Trade Centre, GYGY Mentis, Assotech Business Cresterra, 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 and present investors may face very tough competition in leasing and selling their retail shops and office spaces, in all the above-mentioned commercial projects.
If we look at the data of last 10 years, the booking price of office space at this location was Rs ₹5,000/- to ₹7,000/- per square foot, and today the highest resale price for ready to move office space is only ₹6,500/- to ₹7,000/-per square foot, and ONE FNG office space booking price is starts from ₹10K Per sq ft. What is happening now, is that the developers are not giving any chance to the investors to earn.
The commercial project which is bigger and will give possession first in this location of sector 142 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.
In summary, while the Noida Expressway may offer opportunities for IT commercial projects, success depends on understanding the market, economic conditions, infrastructure, and other relevant factors. CPR conducted a comprehensive market analysis for IT-office space demand on the Noida Expressway and found that there is very tough competition. Already, several investors are struggling to sell their office space properties.
more updating soon…
Advice
For a small investor, it’s better to go for small residential societies/sector markets of Noida Expressway and visible/pickup roads facing ground floor retail commercial shops.
If anyone wants to invest in this location of Noida Expressway commercial properties we advise prefer advanced stage construction projects or ready-to-move projects. We strongly advise avoiding soft launch/pre-launch/new launch/primary stage under-construction projects of this location completely.
The commercial project which will give possession first at this location of Noida Expressway can give better returns in compression of other commercial projects of this location. Our investment’s better growth depends on possession first.
A point to be noted is that according to our experience that investment in any retail commercial shop/project should be done only when its external structure is visible. Only just looking at the map or in the soft launch or pre-launch stage of any retail commercial project and investing in may be very risky
It is probably not the right choice of investment for those who are looking for ROI in the next year or so. There may not be a real appreciation of value for resale in the next couple of years. The prices won’t be very much appreciated in the near future because of the huge unsold office-space inventories available at this location of Noida Greater Noida Expressway.
Developer Sale -Price Increase Track Table ONE FNG
| YEAR | PRICE (PSF) | APPRECIATION/REMARKS |
| August-2024 | Office Space-₹10,000 Retail Shop-₹26,900 |
|
Products & Developer
The upcoming commercial property investment project is under development by the Group-108 (previously known as Bhutani Infra Group). The project is consists of Retail Shops, Food Courts, and IT-Office Spaces, etc.
Builders Profile | Track Record
 |
|
| PREDECESSOR | Parmesh Construction Company Limited |
| FOUNDED | 1996 |
| FOUNDERS | Anil Bhutani |
| KEY PEOPLE | Sanchit Bhutani, Dr. Amish Bhutani |
| COMPANY | PROMOTERS | Group-108 |
| PRODUCTS | Commercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail, Amusement Parks |
| AREA SERVED | Delhi-NCR (Delhi, Noida, Greater Noida, Ghaziabad) |
| PROJECTS COMPLETED | Updating soon… |
| PROJECTS ONGOING | Grandthum, One FNG |
| DELIVERY TRACK RECORD | Delay |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | |
| RISK | Updating soon… |
| DEBT | Updating soon… |
| LITIGATION | Updating soon… |
| OFFICE ADDRESS | Corporate Office Plot No. 3 & 4, 2nd Floor, A Block Market, Savitri Bhawan, Preet Vihar, Delhi – 110092 Telephone: 0120–4909090 |
| BUILDER CATEGORY |
BRONZE |
Conclusion
Oversupply and overpriced entry price into real estate kill your investments.
What is happening nowadays? the builders are trying to pull the investor’s hard-earned money in the name of investment and growth in oversupplied commercial property locations 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.
updating soon…
CPR Ratings
The article is in the process of updating, friends if you have any suggestions, please write in the comment box.
Please Note: BEFORE INVESTING DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE PURCHASE OF PROPERTIES.
