{"id":861,"date":"2017-10-06T06:55:39","date_gmt":"2017-10-06T06:55:39","guid":{"rendered":"http:\/\/www.commercialproperty.review\/?p=861"},"modified":"2026-10-15T15:16:56","modified_gmt":"2026-10-15T15:16:56","slug":"review-investment-ajnara-arcade-crossings-republik-ghaziabad-loss-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2017\/10\/06\/review-investment-ajnara-arcade-crossings-republik-ghaziabad-loss-profit\/","title":{"rendered":"Review : Investment in Ajnara Arcade, Crossings Republik, Ghaziabad, Loss or Profit"},"content":{"rendered":"

<\/strong>
\nAs per Location<\/strong>
\nThe 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.<\/p>\n

Possession<\/strong>
\nThe project Ajnara Arcade is in the service since 2016.<\/p>\n

\"Ajnara<\/p>\n

Drawbacks | Bad Factors<\/strong>
\nThe 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\u2019s a very congested commercial project.<\/p>\n

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.<\/p>\n

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.<\/p>\n

Products & Developer<\/strong>
\nThe Ajnara Arcade is developed by the Ajnara Group. The Ajnara Arcade consists of commercial retail shops and office spaces.<\/p>\n

Builder 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
\u00a0<\/strong><\/td>\n\"Ajnara<\/td>\n<\/tr>\n
PREDECESSOR<\/strong><\/td>\nAjnara Farms and Services Limited<\/td>\n<\/tr>\n
FOUNDED<\/strong><\/td>\n1991<\/td>\n<\/tr>\n
FOUNDERS<\/strong><\/td>\nGP Gupta, Ashok Gupta, Vinod Gupta<\/td>\n<\/tr>\n
COMPANY | PROMOTERS<\/strong><\/td>\nAjnara India Limited<\/td>\n<\/tr>\n
PRODUCTS<\/strong><\/td>\nApartments, Retail, Shopping Malls<\/td>\n<\/tr>\n
AREA SERVED<\/strong><\/td>\nDelhi-NCR (Delhi, Noida, Greater Noida, Ghaziabad)<\/td>\n<\/tr>\n
PROJECTS COMPLETED<\/strong><\/td>\nAjnara Arcade<\/a>, Orbit Plaza<\/a>, Ajnara Le-Mart<\/a><\/span><\/td>\n<\/tr>\n
PROJECTS ONGOING<\/strong><\/td>\nAjnara City Centre<\/a>, <\/span>Ajnara Fragrance Walk<\/span><\/a><\/td>\n<\/tr>\n
UP-COMMING PROJECTS<\/strong><\/td>\nAjnara Times Square<\/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>\n\n
Ajnara India Ltd.<\/strong>
\nD-247\/26, Sector-63, Noida,
\nUttar Pradesh – 201301, India<\/div>\n
Phone:<\/strong>\u00a00120-416-6777
\nFax:<\/strong>\u00a0+91 120 4193953<\/div>\n<\/td>\n<\/tr>\n
BUILDER CATEGORY<\/span><\/span><\/strong><\/td>\n\n
SILVER<\/span><\/strong><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Price | Lease Price<\/strong>
\nAjnara Arcade retail shops and office space sale & lease price start at approx:-<\/p>\n\n\n\n\n\n\n
UNIT TYPE<\/strong><\/td>\nPRICE (PSF)<\/strong><\/td>\nLEASE PRICE (PSF)<\/strong><\/td>\n<\/tr>\n
Office Space<\/td>\n7000-9000<\/td>\n30-40<\/td>\n<\/tr>\n
Retail Shops<\/td>\n9000-22,000<\/td>\n50-100<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The sale and lease price depends on the floor, location, and demand.<\/p>\n

Reason being not working fine<\/strong>
\nActually, 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\u2019s why The Ajnara Arcade and other mall-type properties\/projects are not working fine.<\/p>\n

Conclusion<\/strong>
\nInvest carefully.<\/span><\/p>\n

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

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

That layout design of The Ajnara Arcade is very poor. Only front facing retail shops of the ground floor is properly visible from outside main road. Ajnara Arcade retail shop corridors are not properly walkable to visitors\/customers. Entry of this market is also not approachable. It\u2019s a very congested project. <\/p>\n","protected":false},"author":1,"featured_media":862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[334,385,914,246,247,39,828,220,383,221,392,255,376,389,910,331,272,911,907],"gp_videos":[],"class_list":["post-861","post","type-post","status-publish","format-standard","has-post-thumbnail","category-review","tag-advice","tag-ajnara-arcade-review","tag-builders","tag-commercial-property","tag-commercial-shop","tag-crossings-republik","tag-expert","tag-feedback","tag-ghaziabad","tag-investment","tag-lease","tag-office-space","tag-possession","tag-price","tag-profile","tag-ratings","tag-retail","tag-track-record","tag-view"],"yoast_head":"\nAjnara Arcade Crossings Republik Review: Retail & Accessibility<\/title>\n<meta name=\"description\" content=\"Explore our Ajnara Arcade Ghaziabad review covering Crossings Republik location, retail visibility, 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