As per Location
The Ajnara Arcade is located at the main roundabout of crossings Republik Ghaziabad It is surrounding by many residential societies. it is located at 100 ft wide road. Ajnara Arcade is a good location commercial project.
Possession
The project Ajnara Arcade is in the service since 2016.
Drawbacks | Bad Factors
The layout design of Ajnara Arcade is very poor. Only some front-facing retail shops on the ground floor is properly visible. The entry of this market is also not approachable. It’s a very congested commercial project.
Within a radius of 50-meter, there are more than 4-mega commercial projects is also exist such as Panchsheel Square, Newtech La Gracia, Orbit Plaza, and Gaur Global Village market, etc. All the above said commercial retail projects/properties are creating investment competition. There is a big gap in demand and supply. The supply is very high in comparison to demand. So investors facing problems in leasing or selling their retail shops, office spaces and studio apartments in all the above said commercial projects.
Mostly retail shops and office spaces are vacant in Ajnara Arcade, Only some Front-facing ground floor retail shops are working fine, otherwise, all entire other floors retail shops and studio apartments are vacant.
Products & Developer
The Ajnara Arcade is developed by the Ajnara Group. The Ajnara Arcade consists of commercial retail shops and office spaces.
Builder Profile | Track Record
 |
|
| PREDECESSOR | Ajnara Farms and Services Limited |
| FOUNDED | 1991 |
| FOUNDERS | GP Gupta, Ashok Gupta, Vinod Gupta |
| COMPANY | PROMOTERS | Ajnara India Limited |
| PRODUCTS | Apartments, Retail, Shopping Malls |
| AREA SERVED | Delhi-NCR (Delhi, Noida, Greater Noida, Ghaziabad) |
| PROJECTS COMPLETED | Ajnara Arcade, Orbit Plaza, Ajnara Le-Mart |
| PROJECTS ONGOING | Ajnara City Centre, Ajnara Fragrance Walk |
| UP-COMMING PROJECTS | Ajnara Times Square |
| DELIVERY TRACK RECORD | Very Poor, Dealy Possession |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Not satisfactory |
| RISK | delay possession, long wait, average quality construction |
| DEBT | Yes |
| LITIGATION | Facing corruption and unfair trade practice charges in Indian courts |
| OFFICE ADDRESS |
Ajnara India Ltd.
D-247/26, Sector-63, Noida, Uttar Pradesh – 201301, India Phone: 0120-416-6777
Fax: +91 120 4193953 |
| BUILDER CATEGORY |
SILVER
|
Price | Lease Price
Ajnara Arcade retail shops and office space sale & lease price start at approx:-
| UNIT TYPE | PRICE (PSF) | LEASE PRICE (PSF) |
| Office Space | 7000-9000 | 30-40 |
| Retail Shops | 9000-22,000 | 50-100 |
The sale and lease price depends on the floor, location, and demand.
Reason being not working fine
Actually, every residential society of Crossings Republik has its own retail shop market to cater to the daily needs and other retail needs of their residents. So that’s why The Ajnara Arcade and other mall-type properties/projects are not working fine.
Conclusion
Invest carefully.
CPR Ratings
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH.
