As per Location
We can see the location of this mall with 2-logical points.
The First One: Core Mall is located on the main entry/dividing road of the two residential townships Sushant Aquapolis and the Crossings Republik Ghaziabad. This project is just approx four hundred meters away from the National Highway-24 (NH-24). The Core Mall is just opposite to the almost fully occupied residential township Crossings Republik Ghaziabad. So can say that the location of The Core Mall is very impressive.
Second One: If we compare Core Mall with other commercial properties/projects of Crossings Republik, then we find that it is the best and approachable location of Crossings Republik.
Several prominent schools & institutions are in close proximity such as ABES Engineering college, etc. The Core Mall is also on the way to several higher education institutions of NH-24 Highway. Overall we can say that the Core Mall is an approachable location commercial property.
Possession | Construction Update
|Construction Status||Under Construction|
|RERA Registration No||The Core Mall– UPRERAPRJ9641|
|Possession Date (RERA)||June-2020|
|Promoters Name||Concept Capital Infra Projects Private Limited|
|Construction Company||Everest Industries Limited|
|Architect Name||Nishant Goel|
|Land Area||1.304469 Acre|
|COVID-19 Lockdown Status||COVID-19, an event of ‘Force Majeure’. Completion date extended for 6 months for all projects expiring on or after 25.03.2020 by the Government.|
Advantage | Good Factors
The Core Mall is a new concept of architecture & design. The retail spaces are perfectly designed for maximum visibility. Organized commercial office space and Multiplex is the added advantage of this project. Which is a good sign for commercial property investment.
The Multiplex feature of Core Mall attracts youthful footfall of Nearby areas of Crossings Republik. The project is properly connected with multiple public transportation facilities and other civic facilities. Which is also a good sign for commercial property investment.
The maximum Mall or Mall type properties are not the good and safe investment options in the Ghaziabad, Noida and Greater Noida area. The maximum investors who invested in Mall type properties are in 99% loss.
Actually, only a few Malls is running fine in Ghaziabad, Noida, and Greater Noida area such as Shipra Mall, GIP Mall, DLF Mall of India, etc otherwise all other Mall type properties are the investment of 99% loss.
The construction and possession of the project may depend on the sale of shops/space so the project may be the delay.
The Core Mall offers several attractive payment plans for investment, such as 12% assured return & lease guaranty payment plans, etc. Do not put your hard-earned money in the builder’s seduction, assured return & lease guaranty properties may be an investment of risk.
Basically, the lease guaranty is nothing, the real estate developers sell their low money property at a very higher price and return your hard-earned money in the name of assured rent to you in the form of EMI. Actually, they are making you fool.
The lease guaranty plan is nothing it’s a marketing trick to making fool to innocent investors. Actually, there is no any 100% proof of lease guarantees.
Products & Developer
The Core Mall is situated in the residential township Ansal, Sushant Aquapolis, just opposite to the Crossings Republik, Ghaziabad. This project is under development by the Concept Capital Infra Projects Private Limited. The Core Mall consists of centralizing air-condition retail commercial shops, office spaces, food courts, and Multiplex, etc.
Builders Profile | Track Record
|PREDECESSOR||Concept Capital Infra Projects Private Limited|
|FOUNDERS||Jasmittar Singh, Sandha, Suninder Singh Sandha|
|KEY PEOPLE||Suninder Singh Sandha, Deepti Sandha|
|COMPANY | PROMOTERS||Concept Capital|
|PRODUCTS||Retail, Commercial Offices|
|PROJECTS ONGOING||The Core Mall|
|DELIVERY TRACK RECORD||First Project|
|OFFICE ADDRESS||PLot-CC1, Sushant Aquapolis, Opposite Crossings Republik, Ghaziabad, UP-201016, T: +91 1202986494, M: +91 8882800300, E: firstname.lastname@example.org|
Price | Lease Price
The Core Mall retail shops price starts at approx:-
|FLOOR & UNIT TYPE||PRICE (PSF)|
|Lower Ground (Hyper Market)||15,500|
|Upper Ground (Retail)||17,500|
|First Floor (Retail)||16,500|
|Second Floor (Retail)||15,500|
|4Th to 9Th Floor (Office Space)||9,500|
|10Th Floor (Restaurants)||21,500|
|OTHER CHARGES||PRICE (PSF)|
|PLC Corner||10% of BSP|
|PLC Road Facing||Ext. 5% Int 2.5% of BSP|
|PLC Park Facing||5% of BSP|
|PLC Atrium Facing||2.5% of BSP|
|PLC Mall Facing||5% of BSP|
|Car Parking||03/- Lakh|
|Power Backup||20,000/- Per KVA|
The Core Mall is a new concept of architecture. If this commercial property completed within the revised set time frame, then that would a good investment. It is better to customize the payment plan and go for without an assured return payment plan for investment.
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH.