When the whole world is dying to put in their hard earned money in residential projects, it makes sense to ignore the crowd and invest in commercial properties.
One investment that should make you smile could be the new commercial to be launched by The 3C Company in Sector-98. Unlike their previous commercial project, Delhi 1, in Sector-16B, which has two 5-star hotels, this one on Expressway will have office spaces to start with. Spread over 6 acre, the project on Expressway is definitely a good sign and a positive happening for the residential projects nearby. Though a lot of our readers who have either invested in 3C’s or are planning to in near future, are developing cold feet considering the number of projects they have on hand, we must tell them that the company seems to be on a sound footing. Reason: firstly, they are not getting into land banking, unlike several real estate giants who were left licking their wounds during recession. Secondly, they do not have huge land banks to pay for. So we assume they would not have huge debts to pay for that many other builders have due to land banking in the past.
Their projects are selling really good, which augers well for the cash flows. They immediately launch the project once they win the bid from NA. Now this plot was a part of the last commercial scheme from NA and 3C’s is off the block first. We guess there are more to come from other developers. Thirdly, they have a successful partnership running with Red Fort, which has a stake in each of their projects except for Lotus Boulevard Espacia, which is in partnership with Sharda Exports of International Home Deco Park fame. Their execution is what needs to be tested now and they seem to be doing reasonably well at least with Lotus Boulevard/Lotus Panache till date.
In all, 3C’s has nine commercial/residential projects on in Noida alone, which when combined is less than 250 acre of land, and that should be perfectly manageable.
These are:
3C Lotus 300 Noida Sector 107 – 17.5 Acres
Lotus Boulevard, Sector-100: 40 Acre
Lotus Boulevard Especia, Sector-100: 10 acre
Lotus Panache, Sector-110: 41 acre
Lotus Zing, Sector-168: 17.5 acre
Delhi 1, Sector-16B commercial: 15-20 acre
Sector-98 commercial: 6 acre
3C Oxygen – 25 acre
Another SEZ, Sector-143B: 25 acre (yet to start)





