TGP International | Creating World-class F&B and Retail Brands’ Post

Transforming restaurant and retail dreams into reality, one build at a time. #RestaurantDevelopment #CommercialRealEstate #RestaurantSpaces #CREdevelopment #PropertyDevelopment #InvestmentOpportunity #UrbanDevelopment #RealEstateInvesting #DevelopmentProjects #CREInvesting #CommercialConstruction #BuildingProjects #ConstructionIndustry #DevelopmentSites #ConstructionManagement

Attention: Prospective Real Estate Consumers and Investors. Important to highlight several critical concerns based on my personal experience with AIPL in Gurugram. Many investors, including myself, have encountered significant challenges and unmet promises. Summary: 1. Change in Assured Returns: AIPL has frequently altered the terms of assured returns promised at the time of sale. Investors have faced delays or non-payment, with excuses such as the NGT Pollution Ban, COVID-19, or financial troubles. This has caused serious financial distress. 2. GST Input Credit: AIPL has failed to pass on the GST Input Credit to consumers/end users, as mandated by the National Anti-Profiteering Act. This has resulted in the unfair accumulation of profits at the expense of investors. 3. Maintenance Charges: The maintenance fees for non-AC retail buildings have risen steeply to Rs 15-18 per sq. ft., doubling the initial rate. This increase is unjustified and adds a significant financial burden on property owners. 4. Formation of RWA: The RWA was formed without the consent of property owners. Its members are nominated by AIPL, lacking transparency. Shop owners have been denied from participating in the association. 5. Misuse of Leasing Rights: AIPL has leased out retail units at Net Revenue Sharing model or below-market rates, reducing property values. This is to create panic and distress for owners to exit on losses. 6. Default in Assured Returns: AIPL has employed various tactics to delay or stop the payment of assured returns, causing financial harm to investors. 7. Failed to Attract Tenants: Despite promises, AIPL has failed to secure tenants, affecting promised rental income for consumers. 8. Non-Payment of Monthly Rentals: AIPL has repeatedly delayed or failed to pay monthly rentals collected from tenants. Investors have been forced to follow up extensively with no resolution in sight. 9. Flawed Revenue Sharing Model: Investors who agreed to AIPL's revenue-sharing model have not received any rentals, leading to financial losses. 10. End Users Denied Possession: Despite full payments, AIPL has withheld physical possession of retail units, preventing end users from operating their businesses. 11. Unfair Leasing Terms: AIPL offers long-term, unfavorable revenue-sharing leases to tenants, benefiting themselves while diminishing the returns for property owners to create panic sale. 12. Deceptive Practices: AIPL has consistently misled Gurugram retail and commercial investors/consumers, eroding capital through missed commitments and mismanagement. Before investing to any AIPL project, conduct thorough due diligence and avoid unscrupulous dealers and agents who prioritize commissions over investor interests. #InvestWithCaution #RealEstateTransparency #AIPLGurgaonIssues #InvestorRights #newlaunchproperty #propertymarket JLL CBRE Financial Times The Economist The Economic Times NewsCanada-Plus

In the glory days of the American mall, you were likely flipping a coin with your friends to decide between Panda Express and Sbarro. But as retail has changed, so too has the restaurant scene, per CNN. While we’d be lying if we said anything could top a warm Auntie Anne’s pretzel, today’s mall food is not only upping the quality — it’s also increasing the square footage. Restaurants have broken out of the food court, with the total mall space dedicated to food amounting to 15%-20%, up from 5% in the ‘90s. And the restaurants themselves are changing, too. Local chains, global cuisines, and entertainment dining concepts are moving in, attracting shoppers to restaurants as the main attraction rather than an afterthought. Given that ~150 enclosed malls have shuttered in the US since 2008, this restaurant resurgence might be just what the landlord ordered.

AIPL does not provide physical possession, Even if you buy commercial property from AIPL you will only get constructive possession. AIPL keeps leasing rights with them, In my case they have kept leasing rights with them and my unit is still vacant from 4 years, They are not even ready to handover physical possession to me. Due to this I am going through huge financial lose and mental harassment. Read the below article about AIPL by Shreya Kapoor you will get to know who many cases are filed against them. https://lnkd.in/gmNQ-n39 Real Estate Regulatory Authority (RERA) : RERA should act swiftly against property dealers and developers who are misleading property buyers. Chief Minister Office - Haryana Milestone Realty Vero Estate | Luxury Real Estate Firm Golden Bricks Vijay Singh Prakash C Pandey Puneet Juneja AIPL Saurabh Shankar Seth Jitender Yadav https://lnkd.in/gmNQ-n39

It's important to highlight that while AIPL promotes new projects, their track record with existing retail buildings has been concerning. Many of AIPL’s retail properties are struggling due to poor leasing performance, with rental yields not even reaching 2-3%, far below the promises made during the initial sales in 2016/17. Physical possession and leasing rights are still not handed over and being forcefully denied by AIPL and property owners have no choice but to depend solely on AIPL for leasing. Delivered Projects are vacant for 4 Years. Assured returns have not been honored by AIPL as committed. AIPL refuses the payments received from the investors in the past. I strongly recommend speaking to current property owners and searching online cases in RERA and Consumer Courts and read reviews before considering any new investment with AIPL . DM for more details.. #aipljoydistrict #consumerforum #haryanarera #newlaunch #Gurugramproperty #Dwarkaexpressway #gurgaonproperty #commercialrealestate #theweek #news #RealEstateTruth #AIPL #PropertyInvestorsBeware #RetailRealEstate #LeasingStruggles #InvestorAwareness #RentalYields #AssuredReturns #PropertyManagement #RealEstateInvestments #realestateforums #sector88gurgaon #investors #realestateinvestors #retailhub #destinationshoppingcenter #entertainmenthub #dlf #Godrej #m3m #sobha #realestatefunding

7 Reasons Your #Restaurant Needs a Brand Package Are you thinking about opening more locations or expanding to new states? I’ve opened restaurants across the country, and one of the most important steps in expanding is defining your brand and creating a clear brand package. Your brand package should explain your theme, menu, vibe, and what makes your brand unique. This is crucial because you’ll be working with different consultants and vendors who may not know your brand. You need to get them excited, build their confidence, and clearly explain what you need. Your opening team should also communicate the brand in the same way. A strong brand package will help you: 1) Find the right cities and neighborhoods for your brand. Location is key. 2) Decide on the type of space you need, including size and other technical physical requirements. 3) Secure financing. 4) Convince landlords that your brand will be successful and add value to their property. 5) Create excitement before opening. Your local marketing team needs to understand your brand to promote it effectively. 6) Attract the right employees. People want to work for a brand that’s exciting and has long-term potential. 7) Work with local vendors. For example, when I opened a restaurant in Beverly Hills, I quickly learned there’s never enough high-end liquor. We sold out faster than the supplier could keep up. In Vegas, I convinced the distributor to classify our restaurant as a casino to get a bigger allocation.

What's cooking in American shopping malls? Restaurants occupy more space than ever: "In the glory days of the American mall, you were likely flipping a coin with your friends to decide between Panda Express and Sbarro. But as retail has changed, so too has the restaurant scene, per CNN. While we’d be lying if we said anything could top a warm Auntie Anne’s pretzel, today’s mall food is not only upping the quality — it’s also increasing the square footage. Restaurants have broken out of the food court, with the total mall space dedicated to food amounting to 15%-20%, up from 5% in the ‘90s. "And the restaurants themselves are changing, too. Local chains, global cuisines, and entertainment dining concepts are moving in, attracting shoppers to restaurants as the main attraction rather than an afterthought. Given that ~150 enclosed malls have shuttered in the US since 2008, this restaurant resurgence might be just what the landlord ordered." https://lnkd.in/gxgbc-Hm

7 Reasons Your #Restaurant Needs a Brand Package Are you thinking about opening more locations or expanding to new states? I’ve opened restaurants across the country, and one of the most important steps in expanding is defining your brand and creating a clear brand package. Your brand package should explain your theme, menu, vibe, and physical space requirements. This is crucial because you’ll be working with different consultants and vendors who may not know your brand. You need to get them excited, build their confidence, and clearly explain what you need. Your opening team should also communicate the brand in the same way. A strong brand package will help you: 1) Find the right cities and neighborhoods for your brand. Location is key. 2) Decide on the type of space you need, including size and other technical physical requirements. 3) Secure financing. 4) Convince landlords that your brand will be successful and add value to their property. 5) Create excitement before opening. Your local marketing team needs to understand your brand to promote it effectively. 6) Attract the right employees. People want to work for a brand that’s exciting and has long-term potential. 7) Work with local vendors. For example, when I opened a restaurant in Beverly Hills, I quickly learned there’s never enough high-end liquor. We sold out faster than the supplier could keep up. In Vegas, I convinced the distributor to classify our restaurant as a casino to get a bigger allocation.

American Express continues to elevate the premium experience for its cardholders with strategic acquisitions. The recent purchase of Tock for $400 million from Squarespace highlights its focus on exclusive dining opportunities. Tock's expertise in luxury restaurants aligns perfectly with Amex's commitment to offering top-tier experiences. Not stopping there, American Express is also set to acquire Rooam, a Washington D.C.-based payments platform catering to restaurants. These moves are seen by analysts as key steps to bolster Amex's market presence and drive spending volume, especially in the dining sector. By expanding access to sought-after dining experiences and increasing card acceptance at various establishments, American Express is cementing its position in the payments industry. These acquisitions underscore Amex's dedication to providing high-value offerings and attracting affluent cardholders through the allure of premium dining experiences. Read More Here: https://lnkd.in/eJgeB22C Payments Dive Patrick Cooley #hospitality #americanexpress #creditcard #resy #technology #innovation Matthew Tucker Rachel Palczynski David Lee Nathan Gooden Anthony Casalena Matt Sueoka Samuel Freeman Paige Feldman Parisi David Wigder Branded Hospitality Ventures Junaid Shams Mike Johnson

American Express continues to elevate the premium experience for its cardholders with strategic acquisitions. The recent purchase of Tock for $400 million from Squarespace highlights its focus on exclusive dining opportunities. Tock's expertise in luxury restaurants aligns perfectly with Amex's commitment to offering top-tier experiences. Not stopping there, American Express is also set to acquire Rooam, a Washington D.C.-based payments platform catering to restaurants. These moves are seen by analysts as key steps to bolster Amex's market presence and drive spending volume, especially in the dining sector. By expanding access to sought-after dining experiences and increasing card acceptance at various establishments, American Express is cementing its position in the payments industry. These acquisitions underscore Amex's dedication to providing high-value offerings and attracting affluent cardholders through the allure of premium dining experiences. Read More Here: https://lnkd.in/gzdXwFV9 Payments Dive Patrick Cooley #hospitality #americanexpress #creditcard #resy #technology #innovation Matthew Tucker Rachel Palczynski David Lee Nathan Gooden Anthony Casalena Matt Sueoka Samuel Freeman Paige Feldman Parisi David Wigder Branded Hospitality Ventures Junaid Shams Mike Johnson