INFRASTRUCTURE ISSUES IN CROSSINGS REPUBLIK
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Realtors believe that improvement in c o n n e c t iv i t y, resolving electricity and water issues and proper waste-management practices in Crossings Republic, an area on NH-24, will lure more customers to this locality.
Also, a serious concern is the poor waste-management practice which the government needs to address. The government should move the garbage dump to some far-flung area where it would not affect residents. The narrow NH-24 is another problem that results in inconvenience.
As per MagicBricks data, the capital value of multistorey apartments ranges from Rs 2,200 to 2,500 per sq ft depending on the area, location, age of the property, developer, typology and other attributes of the property. The locality has seen a rise of 3% in values in the October to December period, compared to the July to September period.
The expected demand during the festive season did not happen as people started looking at Noida and Greater Noida over Ghaziabad. The success of the Formula 1 event in Noida may have something to do with this, some experts believe.
Property owners in Crossings Republik believe that if construction at the projects will be completed according to plan, Crossings will be a self-sufficient place to live, in the next two years. It is an affordable locality for rentals and being one of the largest townships in India, benefits of living here include proximity to facilities like good schools, colleges in neighbouring Noida, and Greater Noida.
Realtors also believe that there is a potential in the growth of this area. Pushpraj Sharma of Wealth Plus Realty Pvt Ltd says that most of the builders, including Saviour Builders, have started construction of projects here. "By the time possession starts, facilities like clubs, malls, schools and hospitals will be rolled out here," he said.
Other positive factors driving demand in Crossings Republik are a pollution-free environment with open spaces and wide, open roads. Dheeraj Singh of Realty One Services says, "Considering the proximity to Noida, IGI airport, road and rail terminals, government offices and commercial complexes, Crossings Republik is a haven for people who want to settle in the NCR or are looking for an investment option in real estate."
— Team MagicBricks QUICK BITES
PROPERTY OWNERS IN CROSSINGS REPUBLIK BELIEVE THAT IF CONSTRUCTION AT THE PROJECTS WILL BE COMPLETED ACCORDING TO PLAN, THE CROSSINGS WILL BE A SELF-SUFFICIENT PLACE TO LIVE, IN THE NEXT TWO YEARS
SOME OF THE POSITIVE FACTORS DRIVING DEMAND IN CROSSINGS REPUBLIK ARE A POLLUTION-FREE ENVIRONMENT WITH OPEN SPACES AND WIDE, OPEN ROADS
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