Top 8 Posh Residential Societies in Noida

Posted on February 9, 2023 by deepshikha

A super-classy and organized city in Uttar Pradesh, Noida is also a part of the Delhi NCR. Also, making it all the more attractive for real estate investors and home buyers. Noida is a rapidly growing city with a population of over 2 million. It has led to the growth of many posh residential societies in Noida. You can find many resources and facilities in Noida for everyone, be it homeowners, students, businesspersons, or even retired professionals. In Noida, 8 posh residential societies are in high demand for homebuyers.

If compared to Delhi and other NCR regions like Gurgaon, the living cost in Noida is much lower, making it a highly popular- city in the NCR region. The real estate business is successful in Noida due to its proximity to Delhi and the arrival of numerous MNCs. The posh areas in Noida feature high-tech infrastructure, metro convenience, top amenities, and outstanding services. So, propertywala brings every detail and infrastructure of the top 8 posh residential societies in Noida with just one click.

List of Social Infrastructure and developments of Noida:

Noida was settled on 17 April 1976 under the UP Industrial Area Development Act, 1976.
In Swachh Survekshan 2021, Noida became the Cleanest Medium City (population of 3-10 Lakh).
After the completion of the under-construction Jewar International Airport will be the largest in Asia.
There are the most important educational academics namely, UPTU (Uttar Pradesh Technical University), Amity University, Galgotias University, etc.
Noida is well connected to the Noida-Greater Noida Expressway, Yamuna Expressway, NH-24, FNG Expressway, KGP Expressway, and the Delhi-Mumbai Industrial Corridor.
There are some popular malls such as DLF Mall of India, Wave City Center, and GIP.

Top 8 Posh Residentials Societies in Noida

Nowadays, Noida has become a top location for people from all parts of the country to come and live in numerous posh societies in Noida. Also, with top-notch amenities, infrastructural abilities, opportunities for jobs, and proximity to the NCR. Hence, no other city can boast as much as Noida can.

1. ATS Knightsbridge (Luxurious and the poshest society in Noida)

ATS Knightsbridge address : Plot No. A 01/A, Sector 124, Noida, Uttar Pradesh 201305

It is the right mixture of luxury and convenience. The complex is for your taking at a rate of Rs. 7.49 – 8.0 Crore. It offers unbound luxury through its 4, 5, and 5 BHK flats with areas ranging from 4005 sq. ft, 4250 sq. ft, and 7000 sq. ft.

AMENITIES AT ATS KNIGHTSBRIDGE:

With all the first-class amenities and services for its occupants, ATS Knightsbridge makes the lives of its residents full of conveniences. So, some of the major amenities that ATS Knightsbridge offers its residents are:

Gyms, rooms for indoor games, and a park area.
Multipurpose courts with multipurpose halls.
There is a waste disposal system and Rainwater harvesting.
24×7 power backup and firefighting equipment.
Vaastu -friendly homes for a peaceful life.
Well-maintained clubhouse and swimming pool.
CCTV camera for surveillance and security purposes.
Reserved parking for residents as well as visitor parking.
Lift and intercom service with maintenance staff.

NEARBY FACILITIES AND CONNECTIVITY OF ATS KNIGHTSBRIDGE:

An essential part that makes ATS Knightsbridge a popular and favorable place to live in Noida is its well-connected location. It has the following advantages and every home-buyer would love such a connected place:

Nearby Metro Stations namely Noida Sector 1, Noida Sector 16, Noida City Center, and Botanical Garden Stop.
Easy access to roads to Greater Noida via Noida-Greater Noida Expressway, Delhi via DND Flyway, and Faridabad via FNG Expressway.
Well-maintained hospitals, Government offices, shopping hubs, and malls.
Colleges, schools, and Gautam Buddha University.

2. SKA Orion

SKA Orion (Standing Tall Among the Best Societies in Noida) Address: GH-01A/2, near Noida Expressway, Sector 143B, Noida, Uttar Pradesh 201301

It is located in Sector 143B. Orion is one of the well-organized projects from the House of SKA. With an extensive area of 3 acres, it brings you everything you need. Renowned for its ultra-modern living conditions, fanning environment, and premium living styles. It is a high-end premium society that is easily classified as one of the best posh societies in Noida. Furthermore, it offers everything that a buyer needs no matter if it is for commercial or residential purposes. It consists of 508 units that range from Rs. 61.1 lac to 1.13 crores.

AMENITIES AT SKA ORION:

This society is full of amenities to ensure that the lifestyle of its residents is comfortable and content. It offers a well-maintained clubhouse, a safe track for jogging and strolling, and outdoor tennis courts for its residents. In addition to this, the apartment complex is packed with the given amenities:

Fully-furnished club and play area for kids.
Facilities for indoor games.
Intercom facility and services.
Health and a fitness club.
Swimming pool.
Multiple elevators and goods lift services.
24×7, professional security service.
Private parking for residents.

NEARBY FACILITIES AND CONNECTIVITY OF SKA ORION:

Besides these facilities and conveniences, SKA Orion brings to its residents. What makes it truly one of the posh societies in Noida extension? It is only its connectivity and nearby local conveniences:

Located nearby to sector 143 Metro Station.
Excellent academic institutes, colleges, and schools such as Amity University and Shiv Nadar Public School.
It connects the two major expressways namely FNG and Noida-Greater Noida Expressway.
The presence of business centers and commercial hubs like Oxygen Business Park and DLF Tech Park.

3. Tata Eureka Park

Tata Eureka Park (A Singular Place to Settle Down in Noida) Address: Tata Value Homes Eureka Park, SC-01 A1, Sector 150, Noida, Uttar Pradesh 201310

This society is developed by Tata Value Homes Ltd. It is one of the top posh societies in Noida extension. One of the main features of this society is that it is in a prime location—Sector 150, which is recommended to be one of the most sought-after and important housing hubs in Noida. It offers 2BHK and 3BHK flats with different areas at costs ranging from 63.9 Lacs to 73.6 Lacs. 2BHK flats are available in the 1,100 sq. ft. super area whereas 3BHKs can be bought in the 1,285 and 1,575 sq. ft. super area.

AMENITIES AT TATA EUREKA PARK:

It brings world-class facilities to its residents. Everyone who loves nature and wants to own a home nearby trees and flowering plants then they will enjoy their time at Tata Eureka Park. In addition to this, the residential society has been developed by merging all types of modern amenities that you would crave for it such as:

A spacious park for the occupants to spend their time and for relaxation.
Multiple lifts for residents to move across the complex.
World-class gym, fitness center, and clubhouse.
24×7 power backup system for unbroken electricity.
A specified space for meditation and yoga for residents.
Well-maintained swimming pool.

NEARBY FACILITIES AND CONNECTIVITY OF TATA EUREKA PARK:

This society is also well-connected to other parts of the city and major expressways. Therefore, the residents of the complex can commute to their destinations effortlessly. In addition to this, the park is provided with the following amenities nearby:

shopping complexes, malls, and theaters.
Government offices and service centers in a range.
Many multi-specialty hospitals and healthcare centers.
Various schools, colleges, and academic institutes.

4. Godrej Woods

Godrej Woods (Live luxurious lifeStyle in this posh society in Noida) Address: Block A, Sector 43, Noida, Uttar Pradesh 201303

Noida Godrej Woods is one of the luxurious apartments in Noida which is located in sector 43. Proudly owned by Godrej Properties, with 250 units up for sale in the complex. You can find the most suitable for you from the ten towers it is divided into. Whether you need a 2, 3, 4, or 5 BHK flat, you have it all here in Godrej Woods.

AMENITIES AT GODREJ WOODS:

As any homeowner would expect, Godrej Woods offers many ultra-modern resources and conveniences to make the lives of its residents a breeze, such as:

24×7 power with advanced power backup.
The spacious track for jogging and strolling.
All-day security surveillance.
Private parking areas for the residents as well as visitors.
Perfect Clubhouse to match your requirements
Gym and health center for their occupants.
A rainwater harvesting system is available.
Your home will be according to the Vastu.

NEARBY FACILITIES AND CONNECTIVITY OF GODREJ WOODS:

It is not just the facilities that make Godrej Woods special for buyers. Indeed, it is because of the locality and civil conveniences that make Godrej Woods a prime location for people to live a luxurious life.

Easy access to Noida-Greater Noida Expressway and Golf Course Metro Station.
Indira Gandhi International Airport at a distance of 28 KM only.
Roads Connected to Dadri Main Road and Amrapali Road.
Presence of great schools and colleges in that area.
Malls, business centers, hospitals, and entertainment areas are available.

5. Ace Starlit

Ace Starlit (In one of the posh localities in Noida) address: SC-01/09, Sector 152, Noida, Uttar Pradesh 201303

This place is where urban life meets and modernizes the calm demeanor of nature to surprise homeowners. A premium residential apartment complex, Ace Starlit is currently under construction and is packed with high amenities, conveniences, and services to make it a unique and best living experience for its occupants. With a total of 490 units in 5 towers, home-buyers and investors can buy from 2BHK or 3BHK flats at Ace Starlit. Some of the unique characteristics that make the complex much-coveted posh societies in Noida are the Ultra-Modern Double-Height Lobbies, Unique Glass Façade Towers, and the sprawling 3-Side Open Homes.

AMENITIES AT ACE STARLIT:

This place is for everyone who loves to live with their loved ones in high-tech facilities and conveniences. This is for all age groups. Once you step into this facility, you have access to the following:

Private parking for residents with also visitor parking.
Multipurpose hall, meditation area as well as fitness center.
24×7 maintenance staff and security.
There is also a well-maintained clubhouse, park, and indoor gaming areas.
Retail shops, libraries, and flower gardens.
Singular swimming pool and kids’ splash pool also.
Ground for half basketball course and cricket net practice.

NEARBY FACILITIES AND CONNECTIVITY OF ACE STARLIT:

In addition to making the apartments an architectural marvel with beautiful interiors, Ace Starlit has the following facilities waiting for you:

It is located on Noida Expressway and near the Aqua Metro Station.
There are several schools, colleges, hospitals, and shopping centers.
Impeccable access to the city center and suburbs such as Greater Noida.
Well Connected to the under-construction of Jewar International Airport.

6. ATS Pristine

Address of ATS Pristine: Pushta Rd, Sector 150, Noida

ATS builders are known for their construction quality. With quality, they also provide a perfect mixture of luxury and convenience. It is a masterpiece complex that offers 3 BHK and 4 BHK luxurious apartments. The range of apartments is between Rs 84 lakh to Rs 4 crore.

AMENITIES AT ATS PRISTINE:

It offers first-class amenities to the occupants of the group housing society. It is spread over 18-acre land with 80% lush green area. Following are the major amenities offered by this complex:

A well-maintained clubhouse for kids as well as elders to spend their time.
A swimming pool
Cafeteria/ food courts are also available in this complex.
24×7 CCTV camera surveillance.
Private parking facility for residents.
Gymnasium, library, and business center.

NEARBY FACILITIES AND CONNECTIVITY OF ATS PRISTINE:

For this complex, there are many reasons to invest in ATS Pristine. It is in Sector 150 Noida, which is an upcoming hub of Noida and following are the reasons:

Greater Noida and JP hospital are only 10 minutes away from this posh society as well as sector 148 metro station is 5 km.
YMCA Gol Chakar, Wipro Chowk and Pari Chowk.
Advant Navis Business Park, Bhutani Alphathum, Bhutani Cyberthum, MetLife office, and Birla Soft are near this posh complex.
Top- Notch schools are available near ATS PRISTINE such as DPS (Delhi Public School), Genesis Global School, Day Care Creche, Shiv Nadar School, and Footprints Play School.

7. ABA Cleo County (An Egyptian Themed Posh Society in Noida)

Address of ABA Cleo County: GH 05, Rani Avantibai Marg, Sector 121, Noida, Uttar Pradesh 201301

It is one of the best societies to live in Noida. Its impressive and pathetic entry will convince you to invest in ABA Cleo County. This society is a secure residential space and has a common configuration of 3BHK and 4BHK.

AMENITIES AT ABA CLEO COUNTY:

Apartments in this society are provided with air conditioners and electrical fittings. Also, complete wooden work is done by the builder. On the other hand, some amenities offered in the society are:

Reserved parking area for residents.
The gym, outdoor tennis court, spacious clubhouse for any event, and cafeteria/ food court are one of the main qualities of this society.
24*7 power backup and fire fighting appliances.
Jogging and strolling track as well as a 5-level cascading swimming pool.

NEARBY FACILITIES AND CONNECTIVITY OF ABA CLEO COUNTY:

Job centers include Nuclear Software, IBM, Airtel, Birla Soft, HCL, Rajni Gandha, HeadStrong, and Amar Ujala.
Fortis Speciality Hospital is near.
Advant Navis Business Park, Bhutani Cyberthum, Birla Soft, Met-Life office, and Bhutani Alphathum are near.

8. Mahagun Moderne

Address of Mahagun Moderne: 004, Mahagun Moderne, Mantova St, Sector 78, Noida, Uttar Pradesh 201307

At Mahagun Moderne society, enjoy a combination of extant living with a high-end luxurious lifestyle, where world-class amenities are available.

This planned society is near Sector 76 metro station, making commuting impeccable for you. It is a residential society with high and low-rise apartments. Talking about the other USPs, each tower has its lounge area, which exactly looks like the reception of a 3-star hotel.

AMENITIES AT MAHAGUN MODERNE:

Mahagun Moderne is one of the posh societies in Noida and is known for its top-notch amenities. Some of the amenities are as follows:

Badminton Court, Swimming pool, Creche/Daycare, Senior Citizen Sit out, top-level security, Business Lounge, Rain Water Harvesting, lavish clubhouse, and fitness center/ gym are some of the top-notch amenities of this society.
24 hours power backup, Pipe gas line, and parks.

NEARBY FACILITIES AND CONNECTIVITY OF MAHAGUN MODERNE:

Besides the top-notch facilities offered by one of the posh societies in Noida. The society is located strategically near civic benefits and enjoys first-class connectivity.

This residential project is close to Noida Extension, Greater Noida, Delhi- NCR, and Ghaziabad.
Several famous MNCs nearby include IBM, HCL, Amar Ujala, Birlasoft, Head Strong, Birla Soft, Airtel and Rajanigandha, etc.
Reputed schools like Manthan School, Ramagaya School, Manav Rachna International School, Eurokids, and Broadway International School. are close to this society.
Several multispecialty hospitals, like Neo Hospital, Max Multi-Specialty Center, Prayag Hospital, Prakash Hospital, and Fortis hospital are close.
Shopping malls such as Shipra Mall, DLF Mall of India, Gaur City Mall, Spectrum mall, and GIP are all just 10-15 mins away.

Story Behind Jaypee’s Failure

Posted on January 25, 2023 by deepshikha

Shri. Jaiprakash Gaur, the founder of Jaypee Group, had a single-minded focus after graduating from IIT Roorkee with a diploma in civil engineering. He decided to contribute to nation-building by branching off as a civil contractor in 1958 and founded Jaypee Group. The Group’s business interests include engineering and construction, cement, power, real estate, expressways, fertilizer, hospitality, healthcare, sports, and information technology. This article covers the story behind Jaypee’s failure. How did Jaypee start, what all the good things it did, what exactly went wrong, and what is the future now? One thing is for sure, if everything would have gone well, Jaypee would have completely changed the situation in Noida. It could have become the DLF of Noida. But could not. More than 20000 buyers are still struggling to get the homes of their dreams. Let us look at the story behind the making of Jaypee.

Work done by Jaypee:

Jaypee Infratech was founded in 2007 and it is the part of the Jaypee Group. So, let’s look at some of the successful works done by Jaypee Infratech.

1. Yamuna Expressway project:

The Group entered into the construction of expressways with a 165 km access controlled 6 lane super expressway along the Yamuna River connecting Greater Noida and Agra. You would know how well-developed the Yamuna expressway is if you have been to it. It has become a big boon for Noida. Jaypee has also built the Zirakpur-Parwanoo Himalayan Expressway.

2. Jaypee’s Hotels and Resorts:

In New Delhi, Uttar Pradesh, and Uttarakhand, the hospitality division of the Group owns and manages five hotels.

3. Jaypee’s Hospital:

The Jaypee Hospital is well-developed and offers excellent health facilities. The hospital is now commissioning 525 beds in the first phase of its intended 1200-bedded tertiary care multi-specialty complex.

4. Jaypee’s F1 Sports:

The Group hosted the inaugural Formula One Grand Prix of India on October 30, 2011. The track is anticipated to hold more top-tier international racing competitions in addition to F1. Though this was unsuccessful as F1 races did not succeed in India.

5. Jaypee’s Real Estate:

The first real estate project of the group, Jaypee Greens Greater Noida, covers 452 acres. This distinguished municipality includes an 18-hole Greg Norman golf course, upscale homes, shopping centers, etc.

India’s First Wish Town, a premier township featuring an 18 + 9 Hole golf course, world-class residences, commercial developments, numerous entertainment amenities, and acres of greenery, was Jaypee Greens’ second project when it was unveiled in Noida in November 2007. The group then started construction on Jaypee Greens Sports City and Jaypee Greens Wish Town Agra, two townships along the Yamuna Expressway and Jewar International Airport, which is scheduled to open soon, and is a 20-minute drive from the city center.

But destiny was against Jaypee’s prosperity, and Jaypee’s fantasy township became a failure. So let’s talk about this township’s swindling and how many house buyers lost their dream homes.

Jaypee’s Failure in Real Estate:

Who doesn’t want to be the owner of their own home? All of us do. Not just any house, either. A perfect home must be spacious, well-connected to the rest of the city, have a room with a view, and have the best amenities. However, it has been more than 12 years since thousands of Jaypee Infratech Limited (JIL) home buyers in Noida were victims of the mother of all real estate failures in India. The long-drawn legal battles are ongoing, leaving more than 20,000 Jaypee home seekers running from pillar to post and many giving up.

Jaypee got the land of the wish town in return for building the Noida expressway for Rs 400 crores. The company launched 32000 flats, still, 70% of apartments are in the under-construction stage. This project did not show any signs of readiness for the completion date. Around 90% of buyers made their payment, but it was still claimed that progress has been made on this project, although there was nothing to show for it.

A total of 18,767 people paid a total of Rs.8,676 crores to the company. 1410 people received possession worth 528 crores with no registrations. 413 people canceled their booking and their refund of Rs 64 crores is still pending.

Reasons for the failure:

The reason behind the Real estate failure of Jaypee are:

Jaypee group took the money that buyers had paid for homes and invested it in other projects.
The company invested the money in other businesses.
The government changed at that time.

Future of Jaypee’s Failure:

After a super-lengthy resolution process, Mumbai-based Suraksha realty group got the approval of financial creditors and home buyers to take over the company in June 2021. Furthermore, in its offer, Suraksha promised to deliver all Jaiprakash Associates’ pending housing units within 42 months. It has offered to pay Rs 125 crore upfront and infuse Rs 3,000 crore within 90 days for completing the stalled projects. It will also put Rs 300 crore receivable from Jaiprakash Associates for completing the pending housing unit. Since Jaypee was an extraordinary case, the finalization of the bids is pending before NCLT for more than 17 months for approval. After the approval, the 20,000 home buyers who have been waiting for their units in various housing projects of Jaypee can finally breathe a sigh of relief.

Why Invest in Plots Near Jewar Airport – A Survey

Posted on September 8, 2022 by deepshikha

An Overview:

The aviation market in India is one of the fastest-growing in the world. Delhi Airport is one of the airports which has its fair share of crowding and congestion. The Government of India has planned to establish a second air hub to address this problem namely the Jewar Airport. This intensive project, officially known as Noida International Airport, is located along with the Yamuna Expressway in Jewar. This project has immense scope to boost infrastructure development and increase the demand for commercial and residential plots near Jewar Airport

Meanwhile, if you are looking for investment in the real estate sector near the airport or close to this location, propertywala.com brings you every detail.

Why Look for Plots close to Jewar International Airport?

Make sure to do research before making an investment in a residential/ commercial plot. Accordingly, before making the final decision, learn about the location advantages in terms of connectivity, pricing, and social infrastructure. Below, is the list of advantages of purchasing a plot near Jewar Airport.

BOTH SOCIAL AND PHYSICAL INFRASTRUCTURE:

The Gautam Buddha University, a popular residential area located near Jewar on the Yamuna Expressway, adds to the area’s social infrastructure, making it a lean residential zone.
The achievement of Jewar Airport would encourage tourism, providing foreigners direct and easy access to the Taj Mahal via the Agra Expressway.
Yamuna Expressway also boasts the first and only Formula 1 Circuit in India. So, there are also other sports opportunities. For example, a cricket stadium, a tennis court and, a multi-purpose stadium are also on the list of plans.

Connectivity:

The Yamuna Expressway offers an Intelligent Transport System, which aims to provide maximum safety to travelers, convenience, and security when traveling between Greater Noida and Agra.
The connectivity between Agra Ring Road and the Noida-Greater Noida Expressway by the Yamuna Expressway. It will soon join with other major cities. For example Gurgaon, Rohtak, Sonipat, and Manesar in Haryana and in Uttar Pradesh – Meerut, Hapur, and Ghaziabad.
Thus, to reduce travel time and distances. Hence, the Yamuna Expressway will also connect cities such as Lucknow, Kanpur, and Gwalior.

Manufacturing, Logistics, and More:

The forthcoming Delhi-Mumbai Industrial Corridor will pass through Dadri which would improve the Yamuna Expressway’s directions, warehousing hubs, and special development zones.
On the other hand, more than ten-10 companies, like the USA, Korea, Japan, etc. are raising manufacturing plants along the Yamuna Expressway near Jewar airport.
In last, at the suggestion of the Yamuna Expressway, the Industrial Development Authority (YEIDA), has suggested constructing an Information Technology hub with an investment of about Rs.15 crores.

Residential Plots Near Jewar Airport:

In fact, after the pandemic home buyers were looking for a property with enough space to accommodate a home office. While apartments are still the mildest form of property investment, residential plots are now a close second to apartments. Areas with huge developed infrastructure projects like Jewar are attracting eyeballs, allowing homebuyers and investors to make smart and wise decisions. A large group of people is expecting to invest in the context of residential plots near Jewar airport as they anticipate a significant increase in land prices.

This graph shows that the typical price for residential plots close to Jewar Airport is:

According to the graph, the average prices for residential plots close to Jewar Airport are Rs.28,193 per sq. yard (Apr-Jun 2022). These prices increased by 34% from Q1 2022 to Q2 2022. Annually, the residential plots near Jewar Airport have increased from Rs.15,533 (Apr-Jun 2021) to Rs.28,193 per sq. yard (Apr-Jun 2022)

Leading neighborhoods with residential plots near Jewar Airport-

Areas	Plot Size	Average Prices
Jewar	50 Sq yd	Rs.6.5 lakh onwards
Dankaur	120 Sq yd	Rs.9.5 lakh onwards
Yamuna Expressway	900 Sq yd	Rs.46 lakh onwards

table shows the plots size and its prices of residential plots

Commercial Plots near Jewar Airport:

There has been an increase in demand for commercial properties and plots in Noida/Greater Noida for the past few years. People have started looking at commercial investment from the perspective of rental income and capital growth. An ambitious project, Jewar Airport, is important in attracting many people to commercial business investment. Hence, the demand is increasing for commercial land for office buildings and plots in the region.

But, if we compare the average costs of commercial lands from last year, i.e. from Jan-Sep 2021, they have witnessed a massive fall from Rs.1,15,981 from April-June 2022 to Rs.28,193 per sq yard (April-June 2022).

Leading locations near Jewar Airport with commercial plots-

Areas	Plot Size	Average Prices
Yamuna Expressway	100 Sq yd	Rs.9.2 lakh onwards
Jewar	3468 Sq yd	Rs.3.2 crores onwards
Knowledge Park 5	1783 Sq yd	Rs.5.50 crores onwards
Knowledge Park 3	2153 sq yd	Rs.7.50 crores onwards

table shows the plot size and average prices of commercial plots

Jewar Airport – area plot owned by the Yamuna Authority:

Near Jewar on the Yamuna Expressway, Greater Noida, Yamuna Authority offers a variety of commercial and residential plots known as Authority Plots. There are various site configurations are available, enabling potential buyers to construct luxurious houses and offices according to their tastes.

Types of Authority Plots along the Yamuna Expressway close to Jewar Airport-

Plot Type	Minimum Price	Maximum Price
Residential Authority Plots near Jewar Airport	Rs.9.5 Lakhs	Rs.85 Lakhs
Commercial Authority Plots near Jewar Airport	Rs.83 Lakhs	Rs.1.60 Crores

table shows the plot type with its mini. as well as max. price near Jewar airport

Explore Newest Updates on Plots near Jewar International Airport:

Due to the highly increased demand for plots near Jewar Airport, the Yamuna Expressway Industrial Development Authority (YEIDA) conducted a lucky draw to allot six commercial/industrial plots in Sectors 32 and 33, each measuring at least 4,000 square meters. Before the construction of the Jewar airport began, the administration said that there were no buyers for these plots. But as soon as the building work started, some 80 companies applied for these plots, and picking winners from a lucky draw is a terrific way.
The government approved the construction of a road connecting Haryana to the forthcoming Jewar Airport in Gautam Buddha Nagar, UP district. With a budget of Rs.2,414.67 crores, this project connects UP West, Mathura, and Agra and will also be finished in two years.
In order to become India’s first greenfield digital airport, NIA (Noida International Airport) selected ICAD Holding as its MSI (Master System Integrator) consultant. The NIA wants to apply paperless processing across checkpoints by using the government’s DigiYatra policy.
YIAPL (Yamuna International Airport Private Limited) and the Airports Authority of India (AAI) have signed a contract for the provision of ATM (Air Traffic Management) and CNS (Communication Navigation Surveillance Systems) amenities at the Noida International Airport. Moreover, the airport will also have Advanced Control Systems, Surface Movement Guidance, and ATS Automation Systems to allow situational awareness and provide decision support to Air Traffic Controllers for smooth weather operations.

New Updates:

After getting approval from AAI (Airports Authority of India) and the Airports Ministry, YEIDA (The Yamuna Expressway Industrial Development Authority) approved the Jewar Airport Master Plan.
YIAPL (Yamuna International Airport Private Limited) announced fund arrangements via using loans. YIAPL specified raising Rs.3,725 crores as a loan from SBI (State Bank of India), an amount that will be repaid over 20 years post-completion of the project.
Zurich Airport and NIAL (Noida International Airport Limited) signed a shareholder contract for the development of Jewar Airport. The project will be. YIAPL (Yamuna International Airport Private Limited), a subsidiary of Zurich International Airport, will tackle the project.
BCAS ( Bureau of Civil Aviation Security) granted a security certification to Noida International Airport, the Jewar Airport. Therefore, the Jewar Airport Master Plan’s still pending approval remains a regulatory obstacle.
According to the statement of Uttar Pradesh Minister Nand Gopal Gupta Nandi, “100% of land acquisition for the Noida International Airport or Jewar Airport is completed. The airport is spread across 1,334 hectares of land, and its testing will begin in March 2024. Once the testing ends, the airport will be ready to use by October 2024.

The Master plan of Jewar Airport for 2041:

During the 74th board meeting, the YEIDA (Yamuna Expressway Industrial Development Authority), discussed the after-construction of the Jewar airport master plan. Then, MARS Planning and Service Pvt Limited received the area development tender on 24th August 2022. Thus, the focus on the development of the surrounding area of the Jewar airport is the ‘Master Plan 2041’. About 35 lakh people would live in the urbanized area of 32,000+ hectares revealed by the draft. Near the Jewar airport, the authority also plans to focus on developing a modern and urban green city in a better way.

At last, according to the plan, the city will have an amazing transport system which will make it traffic-free. Therefore, the authority plans to construct industrial areas close to the Jewar airport and enhance connectivity by launching new metro routes.

The Verdict: Purchasing Land In Future Near Jewar Airport:

Further, there is a bright future for plots near Jewar airport which are excellent investment opportunities in the land. As everyone knows the rising price trends of properties near airports in other major cities such as Bangalore, Mumbai, and Delhi, land near Jewar airport will also rise. The flow of prices in property, however, may not be sudden, it may fluctuate with the progress of the airport construction and drive valuable returns soon after completion.

The airport will be established in Noida on the global logistics map as a game changer. After the completion of Jewar Airport, it will also push toward economic activities around the NCR regions and create a large pool of job opportunities in the region, as well as excellent connectivity and transportation options that will be available near the airport. For example- Knowledge Park, Jewar, and the Yamuna Expressway.

The residential plots ensure a pleasant life, while the commercial plots are ideal from a business standpoint. It would be right to advise that purchasing a plot now will enable you to obtain big rewards later on.

600 Plots will be Offered Near Upcoming Jewar Airport!

Posted on February 25, 2021 by zeeshan

600-plots-will-be-offer-near-upcoming-jewar-airport

The authority said, the number of offered plots could increase because it would also include the surrendered plots. After the approval of a film city and agreement of Jewar airport, the land prices on the Yamuna Expressway have risen at a fast pace.

Yamuna Expressway Industrial Development Authority (Yeida) is about to offer approximately 600 plots at Greater Noida near the Jewar airport. The scheme will be launched after getting approval from the Real Estate Regulatory Authority (RERA).

About plots-

Yeida will offer several plots of varying sizes from 60 sq-m to 4,000 sq-m and the price of plots start from Rs 11 lakh and goes up to Rs 6.6 crore. This scheme will be launched once Yeida gets approval from the Real Estate Regulatory Authority (RERA). Plots will be assigned to the relevant people through the lottery system. With the plots valued at Rs 16,400, the authority wishes to generate a total capital of Rs 400 crore from this program.

Payment Tenure-

The allottee can pay the entire amount of plot in one go or in 10 installments. Five years is the minimum time period to pay the installments.

Also check:- plots in Yamuna Expressway

Arun Vir Singh, CEO of Yeida said.-“The demand for plots near the upcoming Jewar Airport is really high and we are receiving several queries regarding plots. We have filed for the RERA approval on Friday and expect to get it in one or two days.” “The candidates will get one month’s time period to apply for the scheme and have to submit 10% of the total plot amount in advance. Three types of payment modes are given to allottees and the process of draw will begin in mid-April”.

RK Arora, chairman, Supertech Ltd, said.-“The prices of plots near Yamuna Expressway have also risen in the last few months. We have two integrated urban areas on the Yamuna Expressway and are witnessing a great demand for plots from investors”.

Manoj Gaur, CMD at Gaurs Group said.- “We started work as soon as the government allowed construction activities to begin after post lockdown and that will ensure timely delivery”.

Gaurs Group also has an integrated township near the upcoming Jewar airport. The township is receiving a great interest from the homebuyers as well as investors.