Major developers are coming up with varied residential projects in Noida-Greater Noida, increasing the pool of housing units in the Delhi NCR
Property Developers and builders are coming up with mega housing projects in Noida-Greater Noida; on offer are a slew of housing options in different sectors of these twin cities. Sectors 34, 50, 74, 77, 76 78 and 118 all near Noida Extension, are being developed at a rapid pace. Here, property prices are competitive in comparison to the other sectors of Noida.
Developers like Ajnara, Amrapali, Antriksh, Earth Infrastructures, Gaursons, Supertech, Prateek Group, Gulshan Homz, and JM Housing limited have projects here, which cater to budgets cutting across segments from middle-income group (MIG) to high income group (HIG). From affordable to luxurious, these developers are building residential projects in all the categories, as the demand for each category is amazing today.
Supertech Renesa, it is not just a residential project… it is not only a cement and bricks structure… and it is definitely not just a dream home. It is beyond the clichés of real estate. It is your space on earth to claim the moments of your happiness and live on your terms. At Supertech Renesa the address, security, peace of mind and a healthy environment are assumed parameters; what we offer is a great life! Special Amenities Supertech Renesa Sector 118 Noida FNG facing, 17 Acre Land, Ample Parking Space, Ample open space with green area, Close proximity to City Center Metro Station Noida, Ultra modern club amenities with sports facilities, Sector – 18 market.
Supertech’s ORB is a circular 40-storeyed luxury residential development at Sector 74, Noida. Mohit Arora, director of Supertech Ltd, says: “Round has always been the preferred shape for a handful of those who dared to go beyond the convention and ORB is a first-of-its-kind residential project for them. To promote this project, Supertech has joined hands with Twinkle Khanna, a prominent actress and interior designer. As a brand ambassador, Twinkle Khanna will exclusively promote ORB in Delhi and the NCR region.”
This three-tower landmark has luxury homes with high-tech automated facilities and nestles amidst landscaped surroundings. Prices of the units range from Rs 80 lakh to Rs 1.34 crore, while the floor areas of the units range from 1,980 sq ft to 3,290 sq ft.
Supertech’s Cape Town, over 50 acres in Sector 74, is a leisure and residential community built as a complete, self-contained campus with the best facilities where every unit is designed to high standards. It comprises eight variants of well planned (2,3 and 4 bedroom) apartments and penthouse towers, luxury villas spread over a green area. Cape Town will have 1,840 upscale and well-appointed apartments with modern conveniences like a clubhouse, a jogging track, a swimming pool, etc. The price ranges from Rs 30 lakh onwards.
Supertech also has Amber Heights, Aristo Heights and Azure Heights, over 3, 16, 112 sq ft at 34 Pavilion, in Sector 34; these are located in the heart of Noida, just 2km from the Noida golf course. Here one can get fully loaded 2- and 3BHK apartments, which are well connected with the Delhi Metro. 34 Pavilion comprises 2- and 3-BHK apartments, with areas ranging between 1,075 sq ft and 1,750 sq ft. These are ‘vastu-friendly’ and the floor plans are 3-4 sided open; price starts at Rs 53 lakh onwards.
Supertech’s Apex Towers is located in Emerald Court on the Noida-Greater Noida Expressway, which gives you your money’s worth, a superior taste of luxury and more. This apartment block is the tallest in the vicinity. Facing a 40-acre city park, the units in this project command a beautiful view of the serene surroundings. The location has several other advantages like proximity to various leading schools like Step-By Step, Mayoor, Lotus Valley, Amity University and a forthcoming multi-specialty hospital across the road.
A flat at Apex Tower comes with the added benefit of a swimming pool within the compound. Residents can also avail of a clubhouse that offers the best in class and service.
The good news is that prices at this highrise are not steep. The price starts at Rs 40 lakh; the size of the units range from 1,050 sq ft to 1,450 sq ft.
R K Arora, the chairman and managing director of Supertech Group, says: “The Delhi NCR has a huge demand for residential houses and, today, Noida is a booming place in terms of residential housing. The best about Noida is that it offers houses to suit every budget.”
Apart from Supertech Group, the other developers active here are Ajnara (Ajnara Home), Antriksh (Antriksh Golf View 1, Antriksh Golf View 2, Antriksh Nature), Gaursons (Group’s Gaursons City), Amrapali (Heartbeat, Golf Homes ,The Centurion Sapphire, Leisure Park, Silicon City) and Gulshan (Gulshan Homes), etc.
Sonika Khurana, the planning head of Vardhman Real Estate Promoters, says:”N o i d a – G re at e r Noida has several factors that would support its growth as a residential real estate destination. With the increase in disposable income, people are ready to buy properties not just for living but also for investment. Another factor is the significant growth of the population of young professionals buying houses of their own, which is only adding to the already existing demand. Developers have risen to the occasion and are coming up with newer projects really fast. There are several categories of housing available like serviced apartments, 1-2-3-4 BHK flats, luxurious floors, penthouses, etc.”
Rakesh Yadav, the managing director of Antriksh Group, says: “A house is the costliest item an individual purchases in his lifetime when compared to all the other items of necessity and luxury one may want. The biggest benefit with the increase in supply through various new projects in recent times has been the availability of houses in different categories. Today, the price of houses in the NCR varies from a few lakhs to crores, depending upon the area, location and the facilities on offer. Now, houses are available cutting across the budget size of each section of the society.”
Residential real estate sector has been the frontrunner of all the real estate activity in our country. With the ever increasing demand for residential houses, the sector has a long way to go and a great future ahead.
Antriksh, Kanball, Prateek, Amrapali, AVS, Mahagun, Supertech, Nimbus, Skytech all have been allotted plots for mega housing projects in these twin cities.
Paramount Group, a leading real estate developer, recently launched Floraville and Golf Foreste. These residential projects are located in Sector 137, Expressway in Noida and Zeta Sector, Greater Noida, respectively. Floraville is spread over 12 acres and the project will comprise 2, 2 plus 1 study, 3 and 3 plus 1 study BHK apartments.
NOIDAGREATER NOIDA HAS SEVERAL FACTORS THAT WOULD SUPPORT ITS GROWTH AS A RESIDENTIAL REAL ESTATE DESTINATION.WITH THE INCREASE IN DISPOSABLE INCOME, PEOPLE ARE READY TO BUY PROPERTIES NOT JUST FOR LIVING BUT ALSO FOR INVESTMENT
ANOTHER FACTOR IS THE SIGNIFICANT GROWTH OF THE POPULATION OF YOUNG PROFESSIONALS BUYING HOUSES OF THEIR OWN, WHICH IS ONLY ADDING TO THE ALREADY EXISTING DEMAND.DEVELOPERS HAVE RISEN TO THE OCCASION AND ARE COMING UP WITH NEWER PROJECTS REALLY FAST