Noida Expressway Residential Projects

Noida Expressway is one of the hot investment zone in NCR. Many real estate investor invest their money in Noida Expressway Residential Projects. Noida-Greater Noida Expressway has great potential for property appreciation that's why most of the NRI investor also see this area as a future real estate destination, as it provide excellent infrastructure with wide roads and technology for real estate development. After the long 20 KM stretch of Noida-Greater Noida Expressway, further connects to the 165 km long Yamuna Expressway, which is also one of the fastest developing zone in Northern India with Formula 1 and incoming Night Safari.

Noida Expressway Builders and promoters consider this area as having big potential for residential as well as commercial development and these developers are lining up their several new projects on Noida Expressway. Some of the New Projects in Noida Expressway are mention below:-

New Projects in Noida Expressway

If you are looking for some new projects on Noida Expressway for investment or self use then Jaypee Wish Town offering some of the high-end luxury and affordable residential projects in Sector 128 Noida which is along the expressway. Some of the example of residential projects in wish town that are giving good returns in future are Jaypee Greens Orchard in Sector 131, Jaypee Greens Pavilion Court in Sector 128, Jaypee Greens Kingswood Oriental in Sector 128, Jaypee Greens Kalypso Court in Sector 128, Jaypee Greeens Kensington Boulevard in Sector 131, Jaypee Kasablanca in Sector 128 etc. 

Other than Jaypee Wish Town, you can find some residential projects of Supertech's Supernova in Sector 94, Paras Seasons in Sector 168, Paras Tierea in Sector 137 by Paras Group; Gulshan Ikebana in Sector 143, Lotus Boulevard in Sector 100, Lotus Panache in Sector 110 by 3C Company; Paramount Floraville in Sector 137 of Paramount Group, Logix Blossom County in Sector 137. Developing location of Noida Expressway like Sectors 94, 95, 96, 97, 100, 101, 110, 137, 142, 143, 149 and 168 along the Noida Expressway offer big scope to the property investors.

Builders & Developers, Property Agents and various other real estate companies are all upbeat about the future prospects of real estate in Noida Expressway Zone. These days, the basic selling price of normal residential apartment here is Rs 4,500 per sq ft and onwards, price can be vary, depending on the size, builder as well as the location of the project.

These days Noida becoming a hub of IT companies and many people want to buy residential property in Noida Expressway, just because of it's infrastructrue attractive as it has a very good scope for appreciation, apart from all the advantages of superior infrastructure, upcoming metro and SEZ area along with Expressway. 

Real Estate Investment in India

The last decade was a dream run in the Real estate market in India. The growth of real estate  in every  major city is overwhelming and I am very sure everyone shall agree that it was not anticipated.  Investing in real estate has been a growing trend and no amount of inflation seems not to be bothering the unbelievable high prices quoted by the current real estate market .

Real Estate Investment in India

Real estate is the clear favorite investment option next to gold, term deposits and insurance. On an average there has been a steep rise in the real estate price by 40% and is still growing. Hence making it the best option for investing and seeing your money grow. The Indian real estate market can easily give investors a cool 200% return in the next five to six years if one invests in the right kind of property. Indian real estate markets have rewritten history in places like Bangalore, Gurgaon, Noida, Pune, Delhi, Hyderabad, Mysore, Kolkatta, Nagpur and much more. The tier two Indian cities have benefitted immensely in the real estate boom. Metropolitan cities like Mumbai, Chennai, New Delhi and Kolkatta always have been real estate favorites and have experienced some great projects and never before prices yet the stealer of the show have been defined tier two Indian cities where the growth was unimaginable and overwhelming.  NRI’s constantly look out for investment  options in India be it gold or any other commodity however the best NRI real estate investment in India has been in places like Mumbai, Pune, Bangalore, Noida  and Gurgoan.

The demand of real estate has also resulted in great supply. Many small time builders ventured into the real estate market to make a quick buck but unfortunately not all were successful. As real estate is a buyers market and buyers are extremely wise before investing in any real estate project hence project  that does not come with the right amenities, good location with schools and market are completely ruled out from buying. It would not be wrong to say that real estate is one industry with cut throat competition and competition  doesn’t seem to breathe easy  in the near future. However the quality of the project and timely delivery matters immensely for making a mark in the real estate market. 

The real estate boom has tremendously blessed the poor and  unfortunate who only had a piece of land or an old house to live with at a lucrative location. With the boom, real estate developers bought a number of properties from these property owners as their locations had great potential for commercial and residential value.  This has given an opportunity for the land owners to make their life comfortable with some extra cash flowing through these land deals. Most real estate developers offer a flat as well as cash remunerations making a great difference to their livelihood. 

The real estate revolution has brought out the best from developers  and not made cities just a concrete jungle. So no one  is complaining, though you are paying an exorbitant amount for a property but you are sure to get a spacious space with the right amenities at a good location. So keep your eyes and ears open to spot the right property for growing your hard earned money. 

Investing in Commercial Properties In Noida

Due to great hike in Commercial and Residential Projects, Noida Real Estate is none less than any other big city in India. Noida played a significant role in past years contributing by scoring highest increase percentile in property rates as compared to other adjoining cities like Gurgaon, Faridabad, Ghaziabad etc. Also, Noida became the largest industrial hub of the nation According to the current census allotment rates of residential and institutional properties in Noida is going up almost 15% where as commercial property in Noida have gone up by 30% which clearly states that commercial real estate investing in Noida is very beneficial. Noida has become a real estate hub which can easily give all type of properties like commercial properties, residential properties etc. Noida is one of the big name which is well known for commercial property in India.

Commercial Properties in Noida

Noida Sector 62, 78, 105, 108, 124, 125, 127, 128, 132, 135, 136, 142, 143, 144, 153 and 154 are open for commercial activities in Noida. Large number of commercial property like shops, malls, industries, buildings, resorts, schools, hospitals, hotels etc are found here which leads to great employment opportunities in Noida. Commercial and residential projects has been developed by all the leading real estate builders and constructors. Besides 1,2,3 BHK flats, luxurious residential projects are also being developed providing various facilities like villas, swimming pools, gym, library etc at very affordable prices.

Upcoming Commercial Projects in Noida

1.) CAPITAL CITY: Capital city project has been launched by BPTP and Is surrounded over the area of 21 acres at Sector 64 Noida. This Project have almost 1 million sq ft of retail space, 2.1 million sq ft of grade A office space and 5-star hotel development.

2.) HOTEL PROJECTS: Six Hotel chains have taken land in Noida. These are:

• Clarkston Hotels Pvt Ltd
• Minor Hotels Pvt Ltd
• Saamag Royal Hospitality Pvt Ltd
• Clarkston Hotels Pvt Ltd
• Somap Hotels Pvt Ltd

Why Invest In Noida Real Estate

1. Noida is one of the largest industrial town of asia having more than 5500 industries and over 5,00,000 population.
2. Noida has a well planned city.
3. Top Builders are launching large township projects ranging from small flats to luxurious residential
4. Noida has now become an IT hub with all the major IT companies planning to set there centers in Noida. As a result employment opportunity in noida is very good.
5. There is 30% appreciation in the property value per year in noida thereby earning large amount of profits by the investors.
6. Noida-Greater Noida Expressway is a 6 lane road connecting Noida, Utter Pradesh, Industrial suburbs of Delhi to Greater Noida.
7. Commercial Space for rent in Noida going up day by day.

New Property Project Launches in NCR offer Discounts

New discounted property and price cuts in residential projects offered by different real estate companies in India who have actually led to pick-up of sales volumes throughout cities. New real estate project launches at appealing costs to the customers, price cuts and schemes available to draw in purchasers and launches by distinguished designer brand names led to pick-up the sales of various projects in January to March duration.

Last couple of months we noticed that the property demand in Gurgaon is slow down just because of new project launches is very slow as builders are focus on the project execution as well as project clearance. Increasing the property cost is influencing the demand of gurgaon properties.

We think this cost recognition is unsustainable and rates will have to stay and fix subdued over the coming 2-3 years. Many of new residential project launches throughout January to March 2013 have been at the much lower cost compare to normal market costs.

Bangalore experienced biggest residential sales in a 2008 quarter, primarily led by spurt of new project launches in run-up to the local new financial year in April and discounted price, as property rates here have actually increased by CAGR of 8% in last 10 years.

Increase in number of property investors in Bangalore and end users becoming more comfortable with high salary and job safety in recent year have actually resulted in the boost in property sales in Bangalore.

In respect of budged friendly property in Tier-1 cities, Noida is a no. 1 choice for everyone. Despite the budged friendly city, Noida's property rates has actually continued to be subdued and unsold various property projects remains to increase considering that 2010.

We preserve an unfavorable outlook on Noida and Greater Noida as we think builders will more struggle in regards to timely possession than project sales. We restate that timely possession will be the differentiating considers this area in near future. If builder concentrate on the timely deliver their project in coming years then thousand of inventory will come in the market and slow down the property price in Noida. That’s the big reason Noida property developers are focusing on the market their newly launched project rather than timely possession of old projects. They offer various discounts and gifts to the customers in their newly launched projects and want to sell various unsold inventory.

Some of the real estate projects are remaining unsold across India even the discount offered by builders. For these types of unsold inventory builders offer 50:50 scheme and want sell off as soon as possible.

Club House Facilities not ready in various societies of Delhi NCR

Now a days all builders offered club house facilities in own residential projects. Most of these projects are under construction where they offered club house facilities. Builder charged 1 to 3 Lakh club membership charges as well as car parking charges when buyer booked their flat in society.

Lotus Boulevard Club Building

All builders create hype for Club premises, which includes infinity pool, gymnasium, meditation centre and swimming pool. All these club facilities specified in the property brochure and promised in the sale deed. But most of the builders in Delhi NCR not provide the clubhouse when apartments are ready for use and handed to the buyers. As per a Supreme Court Judgment in 2010, clubs are the part of common areas of the society and have to be handed over to the buyers just after possession has been given buy the builders.

One of the example is Lotus Boulevard in Noida Sector 100 where builder (The 3C company) already given the 1st phase of possession but their club facilities are not yet ready for the residents of 1st phase. Buyers already paid for their club membership but they can't use the undeveloped club Espacia.

If buyers delay their payment in under construction apartment then builders charge the penalty @ 18% whereas the builder pays only Rs. 5 per sq. ft. if they delays the apartment delivery not the club house facilities. Builder specified the penalty changes in builder buyer agreement but they not given any penalty to the buyers and said your apartment's super area has increase and you have to pay some amount for that and we will adjust your amount with the penalty charges.

If you are also one of the residents in this type of builder society you need to write to the concerned development authority and mention the issue of club amenities, which is, not provide the builder and they promise in the booking of apartment. If authority not showing the interest you can approach the high court or the consumer court and saying that the builder not providing the club house facilities.

Real Estate Consultants in Noida

If you are looking for buy sell rent properties in Noida Real Estate Market then you must contact with the Real Estate Consultants in Noida who update with the latest Noida real estate news. Property Agents as well as Real estate Consultants provide you the latest information of Noida realty Market where you can invest your money. Here are we provide some real estate company and property agent who provide consultancy services in Noida, Greater Noida and Noida Extension.

List of Real Estate Companies and Consultants in Noida

• Bop Group
• Investor Clinic
• Unicon Real Estate
• Prop Tiger
• Buniyad Properties
• Kargil Realtors
• Genesis Realty
• Sarthak Estates Property Consultants
• Investor Forum Noida

Above mention property consultants provide you the complete information for real estate deals in Noida, which includes residential apartments, commercial shops, independent house, office space, villas, studio apartments, residential plot, farm house, services apartments, institutional land, commercial land as well as newly launched projects in Noida.

If you are looking property for rent then you must go for small property agents in Noida because big real estate companies not dealing in the property rent. They getting the bigger margins for selling the property that's why they deals in big residential projects as well as commercial projects in Noida Realty Market.

Delhi Metro Boom Noida Real Estate Market

Last week, Uttar Pradesh government announces two new routes of Delhi Metro in Noida and has been referred to the Ministry of Urban Development in the center government. After receiving approval from the center government Delhi Metro work will be embarking on two new lines in Noida. 

Incoming line from Dwarka to City Centre (Sector 32 Noida) will be extended to Sector 62 Noida and second line will be connected to Botanical Garden to Kalindi Kunj. After completion of this line, it becomes much easier to get Delhi from Noida. Delhi is a capital of India and large number of people coming from Delhi to Noida for job and they want easy accessibility from Delhi to Noida.

Realty experts say both route will be critical in the coming years for real estate market in Noida. Because going from Noida to Delhi via Metro to get two lines will be facilitate While City center Metro line of Noida reaching to those sectors which is Commercial and Institutional wise very special.

Delhi Metro Noida Route and Stations

Botanical Garden to Kalindi Kunj Metro track will be 3.96 kilometer. On the route, Okhla Bird Sanctuary station will be built between these two stations. This project will be cost Rs. 845 Crore and it is scheduled for completion by 2016. After the completion of this route, Botanical Garden will become an interchange station as well as thousand of passengers will be happy which is going to South Delhi and Faridabad from Noida.

The second line from City Centre to Sector 62 Noida will be 6.65 km long and it has six stations to build. These stations will be sector 34 Noida, sector 52 Noida, sector 61 Noida, sector 59 Noida, sector 62 Noida and Electronic City. Construction of this project will cost Rs 1816 Crore. Major thing is that both are elevated lines and you can see running the Metro with the average of 32 kilometers per hour.

Benefit of New Metro Route to Noida

Kalindi Kunj route would be more beneficial for Delhi's people and Sector 62 Route will benefit to other cities of people as well. Electronic city commercial sectors will get the direct benefit from this route. Passengers who live in Indirapuram, they can also get the benefit from this route; they need to just surpass the highway to take the Metro.

We seen in the past, where Delhi Metro is reached, there is an increase in the rental price as well as selling price of property. Same thing you will be seen in the Noida Real Estate Market. After running both these projects you can see 50% property prices rise in Noida Realty Market.