Advice:- Before investing in this project please check the dues of Noida Authority related to this/Project/Land/Company/Developer, and whether any dues are pending or any EMI is not up to date, then the investment may be risky.
CPR Ratings
As per Location
The Krishna Apra One State commercial property investment project (office space, retail shops) is situated in a very prime location of sector 62 Noida. The project is just walking distance from NH-9 Highway and from the Electronics City Metro Station (sector 62 Noida metro station).
Krishna Apra One State is just a 10-15-minute drive from high-density population areas such as Indirapuram, Vasundhara, Pratap Vihar, Vijay Nagar, Siddharth Vihar, Sector 63A Noida, etc. The project is also surrounded by fully functional Industrial sectors such as 63, 64, 65, and sector 57 of Noida.
Sector 62 Noida is an IT/BPO company destination, already several big IT (Information technology) companies and higher educational institutes are working here such as Nuclear Software, IBM, IMS management college, IMS Law College, JP Management college, Noida Expo Center, Airtel, and JIIT, etc.
Krishna Apra One State is very well connected to multiple public transport facilities and other civic facilities. Overall it is an approachable location for commercial property.
Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | Under Process |
| Launch/Start Date | to be decided |
| Possession Date (RERA) | |
| Promoters Name | Krishna Apra Group |
| Architect Name | |
| Construction Stage | Pre-Launch |
| Land Area | 5 Acre |
| Floor |
Fact Check
Krishna Apra One State is a good location for office space investment but not for retail/food courts/showrooms. Actually, it is located on a narrow congested 60-ft wide road, and right in the middle of the IT-Parks area, hence it is not a suitable location for retail footfall, and it is not even a visible location for the retail market. It is better to avoid investing in retail shops/food courts/showrooms, etc.
These days several commercial real estate developers of Ghaziabad & Noida offer some greedy investment plans to investors such as assured return & pre-lease guaranty payments plans etc.
Profitable resale in assured return & pre-leased guaranty property/projects takes a very long time to grow. There are several examples of flop-assured return projects in the Delhi-NCR area. Actually, assured return and pre-leased guaranty payment plans are the tricks of fundraising by fooling the public.
That builders/projects who offer this kind of investment offer is not in the category of secure investment, as in our experience most assured return and lease guaranty properties are the investment of loss.
Do not put your hard-earned money in the builder’s seduction, assured return & lease guarantee properties are always an investment of risk. So invest carefully.
Basically, the assured return & lease guarantee 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 the assured return & lease guarantee to you in the form of EMI. Actually, they are making you a fool.
More Updating Soon…
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS-ONE STATE | GRADING |
| Urban Rich Gentry | Approachable location for offices not for shopping | B |
| Prime Location | SILVER | B |
| Connectivity | 10-Minute drive from- Indirapuram, Pratap Vihar, Vijay Nagar, and Siddharth Vihar. Walking distance from- Sector-62, Sector-63 Noida, and NH-9. Nearest Metro Station -Walking distance (Electronic City Metro Station) Airport-20-minutes drive (Hindon Domestic Airport) |
A1 |
| Layout Design | Updating Soon | |
| Multiple Entries | No | B |
| Visibility | Approachable location for offices not for shopping | B |
| High-Density population | The only office-going, workers | C |
| Youthful Footfall | Yes | A1 |
| Public Security | Police Station -10-Minute Fire Station 10-Minute |
A |
| Industrial Area | Adjoined, 0-Km | A1 |
| Urban/Civic Facilities | Maximum facilities available | A |
| Developers Credibility | Silver | C |
| Price Comparison | High Price | C |
| Competitors | Several Competitors within a radius of 1-KM such as Corenthum, ithum, Iconic Corenthum, Noida One, Anthurium. | B |
| Expected ROI | May takes time | C |
Advantages | Good Factors
The property is right in the middle of the high-density residential areas of Indirapuram, Vasundhara, Pratap Vihar, Vijay Nagar, Sector-62- Sector-63 Noida, etc. Krishna Apra One State is properly connected with multiple public transportation facilities and other civic facilities hence it’s a very good sign for investment in IT-office space/commercial property.
All major educational institutions like Jaypee Business School, IMS & JSS Engineering College are in close vicinity. The project is very well connected to the main points of Noida and Ghaziabad.
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Why Invest
It is a good and approachable location for office space investment, metro connectivity, and easy public transportation facilities, right in the middle of the high-dens urban rich population.
All the offices are designed for maximum visibility, all offices facing towards the National Highway-24.
Products & Developer
One State is under development by Krishna Apra Group Builders. The project consists of IT/ITes office space, and Retail Shops.
Builders Profile
| PREDECESSOR | Krishna Apra Group |
| FOUNDED | 2000 |
| FOUNDERS | |
| KEY PEOPLE | Manish Gupta, Vikas Singla |
| COMPANY | PROMOTERS | Krishna Apra |
| PRODUCTS | Residential Apartments, Commercial offices, Retail, Malls |
| AREA SERVED | Noida, Greater Noida, Delhi |
| PROJECTS COMPLETED | Krishna Apra Gardens, Krishna Apra Sapphire, Royal Court |
| PROJECTS ONGOING | PKS Town Central, One State |
| DELIVERY TRACK RECORD | updating soon… |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | Updating soon… |
| RISK | Updating soon… |
| DEBT | Yes |
| LITIGATION | Updating soon… |
| OFFICE ADDRESS | |
| BUILDER CATEGORY | SILVER |
10-Acre Factor
According to a survey conducted by CPR, commercial projects which are less than 10-Acre area are not as successful as those above 10-Acre commercial projects.
A less than or up to 5-acre or less than the 10-acre commercial project has not had enough space for all the facilities which are required to capture big brands, multinational companies, and public attractions. let’s check the facts by a table:-
| PROJECT NAME | PROJECT AREA | RE-SALE PRICE/REMARKS |
| Express Trade Tower-2, Noida | 5-Acre | The price stuck at ₹5,000 PSF for the last several years. Leasing is also not very impressive. |
| Logix Technova, Noida | 5-Acre | The price stuck at ₹5,000-PSF for the last several years. Leasing is also not very impressive. |
| Jaipuria Mall-Indirapuram | Less than 5-Acre | Fail |
| Aditya Mall-Indirapuram | Less than-5 Acre | Fail |
| Wave One, Noida | Less than 4-Acre | Stuck |
| Wave Silver Tower | Less than 4-Acre | Not very impressive |
| Urbtech NPX | Less Than 4-Acre | Stuck |
| Center Stage Mall, Noida | Less than 7-Acre | Not very impressive |
| ATS Bouquet, Noida | 7.5-Acre | The price stuck at ₹5,000-PSF for the last several years. Leasing is also not very impressive. |
| GIP, Noida | Above-10 Acre | Working very fine, fully occupied |
| Shipra Mall | Above-10-Acre | Working very fine, fully occupied |
| Bhutani Alphathum, Noida | 17-Acre | Successful-high returns |
| Indirapuram Habitat Centre | Over 10-Acre | Working Very Fine |
| DLF Mall of India | Over-10-Acre | Working very fine, fully occupied |
| Select CITYWALK, Saket | Over 10 Acre | Working very fine, fully occupied |
The above table shows that investment in the bigger commercial project is very fruitful in comparison to small commercial projects. One State is an approx 5-Acre IT-enable service commercial project. And in this consideration, Krishna Apra One State may not perform well.
Price Appreciation Track Table Krishna Apra One State
| YEAR | PRICE (PSF) | APPRECIATION/REMARKS |
| March-2022 | Office Space-₹ Retail Shop-₹ |
|
| April-2022 | Office Space-₹ Retail Shop-₹ |
Conclusion
Profitable resale in assured return property/projects takes a very long time, can say a minimum of 10 years or even more. There are several examples of flop-assured return projects in Delhi-NCR. Actually, assured return and pre-leased guaranty payment plans are the tricks of fundraising by fooling the public.
What is happening nowadays, is that the developers are not giving the investors any chance to earn.
More Updating soon…
CPR Ratings
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE OR PURCHASE OF PROPERTIES.
