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

Review

CPR Ratings

As per Location
Ajnara Fragrance is situated on the main sector road of Raj Nagar Extension, Ghaziabad. The project is not exactly on the Raj Nagar Extension Bypass road. It is just more than 1-Km away from the main Raj Nagar Extension Bypass road. The project is properly visible and walkable but it is the last location of Raj Nagar Extension. At present can say its a remote location.

The project is just 10-Minutes drive from Hindon Elevated Road & Meerut Road etc. Overall, at present its an average location project.

Possession | Construction Update
Ajnara Fragrance Walk is under construction. The promised date of delivery is in the year of June-2024. RERA Registration No UPRERAPRJ681133

Advantages | Good Factors 
Primary layout design of Ajnara Fragrance Walk is very impressive. All the retail shops are perfectly designed for maximum visibility.  Overall, Ajnara Fragrance Walk is a perfectly designed commercial project. After completion Ajnara Fragrance Walk is can be a good option for retail business startups.

Ajnara Fragrance Walk has multiple entries and exit points. Multiple entries and exit points attract customer’s footfall quickly and provide maximum visibility/exposures to every retail area of the project. Which is also another approachable sign for investment in this project.

The project has a proper parking space for stakeholders and visiting guests.

VIDEO: Ajnara Fragrance Walk

Advice
Actually, at a distance of every 100-meter along with Ajnara Fragrance Walk,  and within a radius of 500-meter, there are more than 8-commercial projects/Malls are existed (under construction & proposed). Which creates an investment competition at this location.  All the investment’s better growth depends on the possession first. If Ajnara Fragrance Walk construction/possession shall be completed before the other commercial project of this location then this commercial project will give excellent returns to investors.

It is probably not the right choice of investment for those who are looking for ROI in the next year or so. Given the doubts surrounding the possession date, there may not be a real appreciation of value for resale in a year.

Products & Developer
The Ajnara Fragrance Walk,  commercial complex is under developing by the Ajnara India Limited, Ananya Techno Build Private Limited & Ayaan Colonisers Private Limited. It’s a High Street retail commercial complex. The Ajnara City Center is consisting of Retail commercial shops, hypermarkets, etc.

Builder Profile | Track Record

 Ajnara Builder
PREDECESSORAjnara Farms and Services Limited
FOUNDED1991
FOUNDERSGP Gupta, Ashok Gupta, Vinod Gupta
COMPANY | PROMOTERSAjnara India Limited
PRODUCTSApartments, Retail, Shopping Malls
AREA SERVEDDelhi-NCR (Delhi, Noida, Greater Noida, Ghaziabad)
PROJECTS COMPLETEDAjnara Arcade, Orbit Plaza, Ajnara Le-Mart
PROJECTS ONGOINGAjnara City Centre, Ajnara Fragrance Walk
UP-COMMING PROJECTSAjnara Times Square
DELIVERY TRACK RECORDVery Poor, Dealy Possession
NET WORTH
STRENGTH
COMMITMENTNot satisfactory
RISKdelay possession, long wait, average quality construction
DEBTYes
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
Updating Soon…

Conclusion
Ajnara Fragrance walk can be a preferred destination for retail business startups and regular rental income investors. The investors and retail business startups may get a minimum of 4% to 6% per annum return if the builder completes this project on or before other surrounding commercial projects of this location.

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