Review : Investment in Ajnara City Center, Raj Nagar Extension, Ghaziabad, Loss or Profit

Review

CPR Ratings

As per Location
The Ajnara City Center is situated in the bypass road of the Raj Nagar Extension. It’s a corner two side open property, both sides are wide roads. It is located on the entry side road of the NH-58 bypass. This project is in the center of the bypass road of the Raj Nagar Extension.

The Ajnara City Center is 100% visible to all passers of the NH-58 bypass and the nearby residential societies. The Ajnara City Center is an excellent location project.

Possession | Construction Update
The Ajnara City Center is under construction. The promised date of delivery of this project is in the year of September-2021. RERA REGISTRATION No ­­­­­­­­­­­­ UPRERAPRJ17473

Ajnara City Center, Raj Nagar Extension, Ghaziabad, Uttar Pradesh, India

 

Advantages | Good Factors
The Ajnara City Center is properly visible and walkable to the maximum residents of the Raj Nagar Extension.  The maximum retail shops of this project are properly visible.

The Ajnara City Center is truly a high street retail market with low maintenance charges. There are proper parking space surrounding with this project.

The Raj Nagar Extension is a high-density population area, there are more than 50 thousand residential flats and a population of more than 2-Lakh residents in this area and the Ajnara City Center is in the central location of the Raj Nagar Extension. And that is a good sign for retail commercial property investment.

The Ajnara City Center is GDA (Ghaziabad Development Authority) approved project, so there is no legal hassle in this project.

The Ajnara City Center is good for retail business startups.

Products & Developer
The Ajnara City Center,  commercial complex is situated in the bypass road of the Raj Nagar Extension, Ghaziabad. This project is under developing by the Ajnara India Limited. It’s a High Street retail commercial complex. The Ajnara City Center is consisting of Retail commercial shops, Hypermarket etc.

Builder Profile | Track Record

  Ajnara Builder
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

 

The Ajnara Group has delivered several residential and commercial projects in Ghaziabad, Noida & Greater Noida area. But the Ajnara builder has a poor record for completing their real estate projects in the set time frame.

Price | Lease Price
Updating Soon….

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Conclusion | Advice
This property is good for retail business startups.

The Ajnara City Center retail commercial shops are a good investment. The investors may get minimum 6% per annum return after completion/possession of this project if the developer complete this project in the time frame.

CPR Ratings

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH

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