AIPL JOY SQUARE : BEST COMMERCIAL PROPERTY IN GURGAON

After launching 3 key commercial projects in Golf Course Ext. Road – AIPL Business Club, AIPL Joy Street & AIPL Joy Central, AIPL has come up with its much-awaited project, AIPL Joy Square. Located in the centre of 20000+ residential units with entrance on the 150m wide expressway, housing top-quality High-Street Retail Shops, Food Court & Serviced/Studio Apartments, AIPL Joy Square is an opportunity no investor can miss at all.

• Location: Golf Course Extension Road
• Pricing: 24 Lacs* Onwards
• Possession: December 2021
• Property Type: Commercial, Retail and Serviced Apartments

Retail Shops

9000 per sqft. – 17000 per sqft. Onwards

• Booking Amt: 5L*
• Assured Return: 11%*
• Flexi Payment Plans

Food Court

9600 per sqft. Onwards

• Booking Amt: 5L*
• Assured Return: 11%*
• Flexi Payment Plans

Serviced Apartments

7800 per sqft. Onwards

• Booking Amt: 5L*
• Assured Return: 11%*
• Flexi Payment Plans

HIGHLIGHTED AMENITIES

1. The Project is spread over approximately 2.84 acres
2. Open rom all four sides
3. Ground plus 9 Floors with 4 levels of basement plus surface parking
4. Ground and First Floor- High Street Retail
5. Second Floor- Food Court, Restaurants, Café & Retail Shops
6. Third to Ninth Floor- Luxury Serviced Apartments
7. 24×7 Security
8. Elevator Facility
9. Food Court
10. Supermarket and Clubhouse
11. Fitness Gym
12. Visitor Parking Facility

AIPL Pricing Trends

Strategically located on the Golf Course Extension Road, AIPL is launching its one of the most remarkable projects in Sector-63A in a very attractive price bracket. Joy square, which is spread over an area of 3 acres enjoys close proximity to the proposed metro station and is well connected to Sohna Road and IGI Airport.

This magnificent project by AIPL has Retail Area on Ground and First Floor, Food Court on the Second Floor and exquisite fully furnished serviced apartments from 3rd floor onwards. Joy Square is surrounded by high-income group residential area including the likes of Anand Raj Estate, Adnani Samsara, Pioneer Park etc, giving this project an extra edge for your investment.

About AIPL

With a mission to create better, AIPL is India’s premier real estate development company and is known to build quality spaces since 1991. With a multi-dimensional portfolio of retail, commercial and residential segments, AIPL has been redefining the real estate development industry for the past 25 years. Largely known for its high-end delivery and transparency in the market, AIPL has delivered commercial development of over 2 million square ft and residential development of 250 acres.

Frequently Asked Question?

Why You Should Invest in AIPL Joy Square?

1. Safety:

• AIPL has a legacy of delivering projects before time with top-most quality
• Safe investment project, approved by H-RERA No.- 962/2017/1247
• Possession by December 2021, construction is on full swing
• Flexible payment plans with loan facility

2. Location:

• 4 Side Road Connectivity with entrance on 150m wide expressway
• Located in the heart of Sector 63A Golf Course Extension, Gurgaon
• Prominently Located on Greater Southern Peripheral Road
• Surrounded by 20000+ current & upcoming Top Residential Apartments
• 30-minute drive from the airport with easy connectivity to NH8 and Metro

3. Appreciation:

• Architecture by DP Architects- the name behind Dubai mall, Select City etc.
• Double Heighted Retail Shops
• Maximum Visibility
• 200% expected Return on Investment under Appreciation

4. Leasing:

• Lease assurance to be provided by AIPL
• AIPL has a strong team on 15+ resale experts
• Previous AIPL Projects have received massive success on the leasing front
• Top Retail, Food and Fashion have already been onboarded

5. Resale Benefits:

• Mix Land Projects will bring great footfall and hence will create a lot of users requirement
• Residential area near project surroundings will create a huge demand for retail shops
• Small shops in the project will create more liquidity
• 20,000+ families residing near the project

Why You Should Invest in AIPL Joy Square?

Retail Shops: 9000 per sqft. – 17000 per sqft. Onwards

Food Court: 9600 per sqft. Onwards

Serviced Apartments: 7800 per sqft. Onwards

Source: https://www.spacecreattors.com/blog/aipl-joy-square-best-commercial-property-in-gurgaon.html

Pre Rented Property in Gurgaon | Commercial & Residential Property in Gurgaon

Pre- Rented Property and it’s Benefits

The best Pre-Leased commercial property is the property which is accessible and on rent to an MNC, Bank, Branded Retail or Car Showrooms.

There are a plethora of benefits of investing in a pre-rented commercial property.

1. No risk involved like the pre-launch or under construction options, with executing registration and transfer of property.
2. Long term and immediate regular monthly returns.
3. High-quality tenants like Banks and Multi-National Corporations, Financial institutes, Branded Retails, etc.
4. Property appreciation with higher profitability.

While investing in a Pre- Rented Property, Investors must go through some guidelines or pointers which could help them grow their money faster and with higher returns.

1. Tenant: Tenant is the most important factor to determine the real rental income from a property. MNCs are the favourites amongst investors as Multinational Corporations not only pay rentals on time, but they also increase the capitalized value of the property.
2. Location of the Building: It is the deciding factor about the capital growth of the property as to how much it is going to get appreciated in the future. Good location produces a lower vacancy rate, higher capital appreciation, and long-term tenancies.
3. Exit Route: If an investor wants to sell the property in the future they must engage with a hassle-free process.
4. Lease Terms & Lock-in Period: Lease terms can be anything between 5-15 years. However, long-term leases are always a safer bet. The security deposit given to the landlord by the tenant exhibits the confidence and the steady cash flow of the tenant. Security deposit usually ranges from three to six months of rental value. Lock-in indicates the tenant’s strong business forecasts and commitment of a lease. The deal becomes more justified with a high lock-in period. A good deal is considered to be the one that has a long lease term with a minimum of 30 per cent –40 per cent time.

Frequently Asked Question?

What is Pre-Rented Property?

A property which is accessible and on rent to an MNC, Bank, Branded Retail or Car Showrooms is a Pre-Rented Property.

What are the advantages of investing in Pre- Rented Property?

No risk involved like the pre-launch or under construction options, Long term and immediate regular monthly returns, High-quality tenants like Banks and Multi-National Corporations, Financial institutes, Branded Retails, etc., Property appreciation with higher profitability.

What are the things to keep in mind while buying a Commercial Pre-Leased Property?

Tenant, Location of the Building, Exit Route (in terms to sell the property without any hassles) and Lease Terms & Lock-in Period

What is the Best Tenant for a Pre-Leased Property?

MNCs are the favourites amongst investors as Multinational Corporations not only pay rentals on time, but they also increase the capitalized value of the property.

Source: https://www.spacecreattors.com/blog/pre-rented-properties-and-its-benefits.html