{"id":1351,"date":"2017-10-23T12:23:51","date_gmt":"2017-10-23T12:23:51","guid":{"rendered":"http:\/\/www.commercialproperty.review\/?p=1351"},"modified":"2026-10-15T15:13:40","modified_gmt":"2026-10-15T15:13:40","slug":"review-investment-assotech-hi-street-crossings-republik-loss-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2017\/10\/23\/review-investment-assotech-hi-street-crossings-republik-loss-profit\/","title":{"rendered":"Review : Investment in Assotech Hi Street, Crossings Republik, Loss or Profit"},"content":{"rendered":"

<\/strong>
\nAs per Location<\/strong>
\nAssotech Hi Street retail shop complex is located on the main road of the Crossings Republik City. This project is surrounding with many residential societies of the Crossings Republik. it is located in the exit side 100 ft wide road. It\u2019s a high street retail open market. It\u2019s an average location market.<\/p>\n

Possession | Construction Update<\/strong>
\nThe project Assotech Hi Street market is under construction. The promised date of delivery was in the year of February 2018. But the project is still under construction.<\/p>\n

\"assotech<\/p>\n

Drawbacks | Bad Factors<\/strong>
\nThe location of\u00a0 Assotech Hi Street commercial complex is very congested. There is no parking space for vehicles, if anyone wants to shop in this market he must come without a vehicle.<\/p>\n

Only front facing lower ground and upper ground shops are properly visible from the main road, so the layout design of this market is also not very impressive. The retail shop’s size is very small so no big brand store can operate in this market. This market can only cater to The Assotech Nest and adjoin walking distance residents.<\/p>\n

The ready to move paramount symphony market is a much better location than the under-construction Assotech Hi Street.\u00a0\u00a0Actually, there is no need of the Assotech Hi Street commercial complex in this location because already ready to move retail market shops are vacant in nearby the Assotech Hi-Street commercial complex.<\/p>\n

Products & Developer<\/strong>
\nThe Assotech Hi Street, the retail commercial complex is situated in the residential township the Crossings Republik, Ghaziabad. The Assotech Hi Street retail shop market is part of the already developed residential project the Assotech Nest. This project is under developing by Assotech Limited. The Assotech Hi Street consists of commercial retail shops.<\/p>\n

Builders Profile | Track Record<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/strong><\/td>\n\"Assotech<\/td>\n<\/tr>\n
PREDECESSOR<\/strong><\/td>\nAssotech Realty Private Limited<\/td>\n<\/tr>\n
FOUNDED<\/strong><\/td>\n2002<\/td>\n<\/tr>\n
FOUNDERS<\/strong><\/td>\nNeeraj Gulati<\/td>\n<\/tr>\n
KEY PEOPLE<\/strong><\/td>\nNeeraj Gulati, Salil Kumar, Umesh Nagpal<\/td>\n<\/tr>\n
COMPANY | PROMOTERS<\/strong><\/td>\nAssotech<\/td>\n<\/tr>\n
PRODUCTS<\/strong><\/td>\nApartments, Retail, Commercial Offices<\/td>\n<\/tr>\n
AREA SERVED<\/strong><\/td>\nNoida, Ghaziabad<\/td>\n<\/tr>\n
PROJECTS COMPLETED<\/strong><\/td>\nAssotech Business Cresterra<\/td>\n<\/tr>\n
PROJECTS ONGOING<\/strong><\/td>\n<\/td>\n<\/tr>\n
UP-COMMING PROJECTS<\/strong><\/td>\n<\/td>\n<\/tr>\n
DELIVERY TRACK RECORD<\/strong><\/td>\nVery Poor, Dealy Possession<\/td>\n<\/tr>\n
NET WORTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
STRENGTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
COMMITMENT<\/strong><\/td>\nNot satisfactory<\/td>\n<\/tr>\n
RISK<\/strong><\/td>\ndelay possession, long wait, average quality construction<\/td>\n<\/tr>\n
DEBT<\/strong><\/td>\nYes<\/td>\n<\/tr>\n
LITIGATION\u00a0<\/strong><\/td>\nFacing corruption and unfair trade practice charges in Indian courts<\/td>\n<\/tr>\n
OFFICE ADDRESS<\/strong><\/td>\neMail:info@assotech.in<\/td>\n<\/tr>\n
BUILDER CATEGORY<\/span><\/span><\/strong><\/td>\n\n
BRONZE<\/span><\/strong><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Price | Lease Price<\/strong>
\nAssotech Hi Street retail shops sale price start at approx:-<\/p>\n\n\n\n\n\n
PRICE (PSF)<\/strong><\/td>\nLEASE PRICE (PSF)<\/strong><\/td>\n<\/tr>\n
19,000-30,000<\/td>\nUpdating soon<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The price is very high for investment.<\/p>\n

Reason being not working fine<\/strong><\/span>
\nActually, Crossings Republik is a very crowded place and there are so many ready to move residential societies with a huge population. But every residential society has its own retail shop market to cater to daily needs and other retail needs of their residents. So that\u2019s why Assotech Hi Street commercial complex and other Mall type properties\/projects are not working fine.<\/p>\n

Conclusion<\/strong>
\nThe Assotech Hi Street is not suitable for retail business startups.
\nAfter analyses all above facts we advice investors & business startups that the investment on the upper ground floor and the lower ground floor front facing shops can be fruitful otherwise all other floors retail shops of the Assotech Hi-Street commercial complex is not safe and wise.<\/p>\n

<\/strong><\/h3>\n

NOTE:<\/strong> BEFORE INVESTING DO YOUR OWN RESEARCH<\/p>\n","protected":false},"excerpt":{"rendered":"

Actually, Crossings Republik is a very crowded place and there are so many ready to move residential societies with a huge population. But every residential society has their own retail shop market to cater daily needs and other retail needs of their residents. So that\u2019s why Assotech Hi Street commercial complex and other Mall type properties\/projects are not working fine.<\/p>\n","protected":false},"author":1,"featured_media":1353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[334,414,914,545,479,39,828,220,383,221,392,376,389,910,510,558,331,679,272,513,480,911,829],"gp_videos":[],"class_list":["post-1351","post","type-post","status-publish","format-standard","has-post-thumbnail","category-review","tag-advice","tag-assotech-hi-street-review","tag-builders","tag-commercial","tag-construction-update","tag-crossings-republik","tag-expert","tag-feedback","tag-ghaziabad","tag-investment","tag-lease","tag-possession","tag-price","tag-profile","tag-projects","tag-property","tag-ratings","tag-real-estate","tag-retail","tag-shop","tag-status","tag-track-record","tag-views"],"yoast_head":"\nAssotech Hi Street Crossings Republik Review: Location & 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