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Greater Noida West, the Next-Gen Realty Market of NCR by Rashmi Karan





Article Author Biography
Greater Noida West, the Next-Gen Realty Market of NCR by
Article Posted: 04/27/2015
Article Views: 154
Articles Written: 25
Word Count: 487
Article Votes: 1
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Greater Noida West, the Next-Gen Realty Market of NCR


 
Real Estate
With the approval of Greater Noida Master Plan 2021 by the NCR Planning Board (NCRPB), some more infrastructural developments are expected, including construction of expressways, important road links as well as expansion of metro. Noida Sector 32 Metro line will see an extension up to Greater Noida West via Sector 72. The authority has allowed around 50 builders to construct their residential units, and high and low-rise buildings on the allotted lands. Such projects are expected to meet the housing demands coming from the population of 10 Lacs. According to an estimate, more than two lakh residential units will be delivered in the upcoming 3-4 years. Take a look at some of the upcoming residential developments in Greater Noida West.

Amrapali La Residentia

Techzone - 4, Greater Noida, will soon witness onset of a luxurious and high rise project Amrapali La Residentia by the renowned Amrapali Group. Spread across a whopping area of 20 acres, Amrapali La Residentia offers 2 - 4 BHK apartments. The project is an eco-friendly & Wi-Fi enabled complex and offers some other best of industry specifications at unbeatable prices. These homes have a total area of 880 - 2065 Sq. Ft. and are priced between Rs. 24.64 lakh to 73.31 lakh. Possession is due in October 2017.

Gaur Saundaryam

Located in Sector 1, Greater Noida West, Gaur Saundarayam is a new residential project by the Gaursons India. The project offers 3 - 4 BHK apartments as well as equipped with all sort of ultramodern facilities including a sports complex, swimming pool, and a party lawn, among others. The strategic location of Gaur Saundarayam makes it a perfect investment destination for investors in Greater Noida. Saundarayam offers apartments having areas starting at 1550 sq. ft., and a starting price of Rs. 62.61 lakh. Possession is slated in December 2017. The project is sprawled across 18 acres and offers a total of 750 units, and 75% of open spaces.

Expert Speaks

Anil Sharma, the president of Confederation of Real Estate Developers' Associations of India (CREDAI)-NCR and Chief Managing Director of Amrapali Group, suggests that “Despite odds, builders are focused on speedy construction of projects here; the builders have also adapted the latest technologies in the construction of homes in the safe and secure manner, not to forget, at a very rapid rate. Such innovations are expected to cut down the construction rates also.

Conclusion

With the onset of metro network, the prices of properties will be increase manifolds, by no less than 30-35%. The metro line expansion will clear the doubts of the buyers and investors related to the buy and sale of properties in these areas so that they can make a secure investment for future.

Rashmi Karan is a professional writer who writes about the realty industry of India and focuses on offering location-specific information of the cities. She also offer solutions for the real estate related queries.

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