Tag Archives: Noida real estate

Interested in Renting a Fully Furnished Flat in Noida?

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Do you want to rent a completely furnished flat in Noida? You’re in the proper spot. Noida (New Okhla Industrial Development Authority) is a well-known North Indian city in Uttar Pradesh.

Due to the infrastructure improvements made in recent years, Noida, which is located in the Uttar Pradesh district of Gautam Budh Nagar, has been expanding quickly.

It has been expanded to Greater Noida in light of the city’s ongoing growth and expansion. The Uttar Pradesh district of Gautam Buddh includes Greater Noida as well. The Greater Noida Industrial Development Authority (GNDIA) is in charge of all the industries included in the Noida expansion. Its management covers a total of 16 communities. 

What is a fully furnished flat in Noida?

A completely furnished apartment includes a variety of amenities, such as common areas for everyday use, regular housekeeping services, etc. all of which are included in the price of renting or purchasing the apartment. After the purchase, these can be fully modified to the buyer’s specifications. As a result, these flats give their tenants a comprehensive experience without the effort or expense of furnishings. 

If you begin looking for a fully furnished property for rent in Noida, these characteristics will undoubtedly be available with lots of benefits. 

Benefits of Renting a Fully Furnished Flat in Noida 

These days, renting a flat is simply easier because of the abundance of online and offline real estate brokers. And you may take advantage of all the advantages of this, from moving in swiftly to cheaper expenses, if you’re searching for a fully furnished flat for rent in Noida.

  1. Cost Reductions: Renting a fully furnished flat can save you money over time since you won’t have to pay for furniture and other necessities out of pocket. It’s an excellent choice for first-time renters or students on a limited budget because of this. 
  2. ready to move in Renting a completely furnished flat in Noida has several advantages, including the fact that you can move in right away and don’t have to bother about searching for or purchasing furniture or waiting for it to be delivered and put together. 
  3. Adjustable terms of the lease: The majority of completely furnished apartments offer flexible rental agreements, so you don’t have to sign a long-term agreement if you don’t want to. This makes them ideal for both temporary rentals and longer-term leases. 

Types of Fully Furnished Flats for Rent

Finding a comfortable home can take a lot of research, so let Propertywala help you out, as we have shortlisted the most convenient one for you all on our website.  

Every type of flat is offered, ranging from a 1-BHK flat to a 4-BHK house. Every kind of apartment has its unique features and attractiveness.

Given that Noida is an industrial location, finding a 1-BHK flat is simple. There are commercial centers, hospitals, and educational institutions nearby, so anyone studying or working in this neighborhood may relax. The location of our two-bedroom apartment downtown is ideal. The metro station, bus stations, shopping centers, and other attractions are all conveniently close by. It is perfect for people who travel frequently because it is also near to the airport and important business centers. You may also be guaranteed your safety and comfort thanks to a power backup system that is available around the clock, security guards, and an intercom system. All the contemporary furnishings and appliances you want for a stress-free stay are included in our completely furnished apartment. Three bedrooms have cozy beds in them.

Things to keep in mind while renting a fully furnished flat in Noida 

Before choosing one or starting your search for a fully furnished flat for rent in Noida, there are a few considerations you should make.

Size of the Room: Before signing a contract, be sure the room size is appropriate for your needs by doing a comprehensive examination. Make sure that the furniture is part of the bundle and not an extra expense. Don’t forget to account for the possibility that longer rooms will cost more than smaller ones when making your choice. 

Maintenance: Before moving in, make sure that all of the furniture and appliances are in good working order and that the landlord has taken care of any necessary repairs. This will guarantee that you receive a high-quality flat that meets your demands and will help ensure your peace of mind while renting the property. 

Proximity to Amenities: Make sure the flat is situated close to conveniences like supermarkets, shopping centers, and other recreational facilities. Your stay will be more fun and convenient as a result. It’s also helpful to see whether there are any nearby public transit options, such as trains, buses, or metro stations.

Budget: It’s important to estimate your budget before searching for a fully furnished flat for rent in Noida so you can whittle down your possibilities and locate the ideal place. As a starting point, figure out how much it will cost to move into a new apartment upfront. They can include down payments, fees, and other unforeseen expenses, such as utility bills. It’s crucial to think about your monthly spending plan once you’ve moved into the apartment. In general, rent is the main expense; however, there may be other costs to consider depending on the number of amenities offered by the flat. Don’t forget to budget for additional future maintenance expenditures. 

Where to Find Your Perfect Flat in Noida

If you’re seeking an ideal area to rent a completely furnished property in Noida, you’re in luck since Noida has plenty of options. You may discover whatever you’re searching for here, from little studios to opulent penthouses. There are apartments all over the city, ranging from individually refurbished apartments to residential complexes with every possible convenience. 

A fully furnished flat is a wonderful choice since it has the following qualities:

  1. Near shopping, entertainment, and medical facilities 
  2. The readily available mode of transportation as well as the possibility of using public transit to use world-class facilities for education and entertainment. 
  3. Each unit is equipped with cutting-edge security technologies. 
  4. Quality appliances, furnishings, and other necessities are easily available. 

Conclusion 

With all the facilities and features already taken care of, renting a fully furnished flat in Noida might be a great option for individuals seeking a hassle-free relocation. It will pay off in the long term to take the time to hunt for the ideal flat for your needs. You have the option to tailor your flat depending on your requirements and tastes, thanks to the large number of flats available. Don’t wait; take the initiative to locate your ideal flat right now!

Top 8 Posh Residential Societies in Noida

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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:

  1. Noida was settled on 17 April 1976 under the UP Industrial Area Development Act, 1976.
  2. In Swachh Survekshan 2021, Noida became the Cleanest Medium City (population of 3-10 Lakh).
  3. After the completion of the under-construction Jewar International Airport will be the largest in Asia. 
  4. There are the most important educational academics namely, UPTU (Uttar Pradesh Technical University), Amity University, Galgotias University, etc.
  5. Noida is well connected to the Noida-Greater Noida Expressway, Yamuna Expressway, NH-24, FNG Expressway, KGP Expressway, and the Delhi-Mumbai Industrial Corridor.
  6. 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:

  1. Gyms, rooms for indoor games, and a park area.
  2. Multipurpose courts with multipurpose halls.
  3. There is a waste disposal system and Rainwater harvesting.
  4. 24×7 power backup and firefighting equipment.
  5. Vaastu -friendly homes for a peaceful life.
  6. Well-maintained clubhouse and swimming pool.
  7. CCTV camera for surveillance and security purposes.
  8. Reserved parking for residents as well as visitor parking.
  9. 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:

  1. Nearby Metro Stations namely  Noida Sector 1, Noida Sector 16, Noida City Center, and Botanical Garden Stop.
  2. Easy access to roads to Greater Noida via Noida-Greater Noida Expressway, Delhi via DND Flyway, and Faridabad via FNG Expressway.
  3. Well-maintained hospitals, Government offices, shopping hubs, and malls.
  4. 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:

  1. Fully-furnished club and play area for kids.
  2. Facilities for indoor games.
  3. Intercom facility and services.
  4. Health and a fitness club.
  5. Swimming pool.
  6. Multiple elevators and goods lift services.
  7. 24×7, professional security service.
  8. 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:

  1. Located nearby to sector 143 Metro Station.
  2. Excellent academic institutes, colleges, and schools such as Amity University and Shiv Nadar Public School.
  3. It connects the two major expressways namely FNG and Noida-Greater Noida Expressway.
  4. 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:

  1. A spacious park for the occupants to spend their time and for relaxation.
  2. Multiple lifts for residents to move across the complex.
  3. World-class gym, fitness center, and clubhouse.
  4. 24×7 power backup system for unbroken electricity.
  5. A specified space for meditation and yoga for residents.
  6. 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:

  1. shopping complexes, malls, and theaters.
  2. Government offices and service centers in a range.
  3. Many multi-specialty hospitals and healthcare centers.
  4. 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:

  1. 24×7 power with advanced power backup.
  2. The spacious track for jogging and strolling.
  3. All-day security surveillance.
  4. Private parking areas for the residents as well as visitors.
  5. Perfect Clubhouse to match your requirements
  6. Gym and health center for their occupants.
  7. A rainwater harvesting system is available.
  8. 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.

  1. Easy access to Noida-Greater Noida Expressway and Golf Course Metro Station.
  2. Indira Gandhi International Airport at a distance of 28 KM only.
  3. Roads Connected to Dadri Main Road and Amrapali Road.
  4. Presence of great schools and colleges in that area.
  5. 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:

  1. Private parking for residents with also visitor parking.
  2. Multipurpose hall, meditation area as well as fitness center.
  3. 24×7 maintenance staff and security.
  4. There is also a well-maintained clubhouse, park, and indoor gaming areas.
  5. Retail shops, libraries, and flower gardens.
  6. Singular swimming pool and kids’ splash pool also.
  7. 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:

  1. It is located on Noida Expressway and near the Aqua Metro Station.
  2. There are several schools, colleges, hospitals, and shopping centers.
  3. Impeccable access to the city center and suburbs such as Greater Noida.
  4. 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:

  1. A well-maintained clubhouse for kids as well as elders to spend their time.
  2. A swimming pool
  3. Cafeteria/ food courts are also available in this complex.
  4. 24×7 CCTV camera surveillance.
  5. Private parking facility for residents. 
  6. 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:

  1. Greater Noida and JP hospital are only 10 minutes away from this posh society as well as sector 148 metro station is 5 km. 
  2. YMCA Gol Chakar, Wipro Chowk and Pari Chowk.
  3. Advant Navis Business Park, Bhutani Alphathum, Bhutani Cyberthum, MetLife office, and Birla Soft are near this posh complex.
  4. 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:

  1. Reserved parking area for residents. 
  2. The gym, outdoor tennis court, spacious clubhouse for any event, and cafeteria/ food court are one of the main qualities of this society.
  3. 24*7 power backup and fire fighting appliances.
  4. Jogging and strolling track as well as a 5-level cascading swimming pool. 

NEARBY FACILITIES AND CONNECTIVITY OF ABA CLEO COUNTY: 

  1. Job centers include Nuclear Software, IBM, Airtel, Birla Soft, HCL, Rajni Gandha, HeadStrong, and Amar Ujala.
  2. Fortis Speciality Hospital is near.
  3. 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:

  1. 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.
  2. 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.

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

Rates to take a step down alongside Noida expressway

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In the NCR region, that is subtly attached to the capital region of India, Delhi there extends two expressways that are built to let the residents enjoy the great community and work from far off places while travelling through these roads. The eastern region has been accurately acquired by the 22km long through Noida and Greater Noida. The other one runs for 18km in the regions of Dwarka.

All these expressways are developed to join the regions of Delhi NCR in a better way providing the areas extending adjacent to them to the real estate developers to create more and more property in Noida and in Dwarka.

These lands were also supposed to be given to the developers who want to build commercial spaces and give away office for rent in Noida, Greater Noida, Dwarka, and Gurugram. This, however, made both the regions a large hub for the working class people who migrated here from all over the country. This gave a major boost to all the realty developers to build more and more residential complexes.

As soon as the areas were changing into residential complexes, the southern areas started to experience water and sewage problems. Developers were unable to provide their residents with the daily needs. However, the eastern region thoroughly enjoyed the regular facilities of water and sewage but could not gather proper funds. These developers tracked the funds from the farmers and this became a major reason to manage all the funds and thus fulfil the increasing demands of people. Also, after the demonetization process, those launched flats which were left in the middle of the construction period were unable to be delivered on the expected date of delivery. One Unitech project called Grande, located in Greater Noida was launched in 2007 and even after 10 years, it could not be completed due to inappropriate funds. Now as the government orders all the realty developers to increase the supply, these well-built flats would be sold at much lesser prices given its history of in accomplishment. These flats are built along with the Yamuna Expressway and were targeted towards those who wanted to have the luxury as they were built across an 18 hole golf course.

Due to these reasons and the post demonetisation effect where people just stopped thinking of following their dreams and the wish to buy a house vanished all of a sudden, lowering the rates seemed to be the only option. These low rates would fill the empty flats and would decrease the number of new flats that were to be constructed to meet the demands after the Union Budget of 2017.

5 reason you should buy a property in Noida

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After the utterly clumsy place of the capital region of India, Delhi and the densely overcrowded place for offices, Gurugram people are quite as well left with a choice of Noida. This is the reason that the residential sector of Noida Real estate is highly increasing since the past two decades. Noida is considered as a cheap and easy city to live in provided its easy connectivity to Delhi, Faridabad, Agra, and Haryana.
Noida has been considered as the most affordable place to live in given the high number of affordable flats here. There are many reasons that add to the fact but if we want to name a few we can easily do so by guiding the basic points.
The first one can be the extremely well maintained and thoughtfully built infrastructure. The infrastructure that has built the city is the basic reason for more and more citizens coming here. The excellent infrastructure makes it capable of being the next best thing in the world. The availability of lands for residential, commercial as well as infrastructural facilities is something that makes it top the list leaving Delhi and Mumbai behind.
Second reason is the reputed faces of developers who are eyeing in this place to make their new launches. Builders like Supertech, Unitech, Ansal, Emaar, MGF and now Godrej has made their new launches in Noida and Greater Noida. These flats suffice all the segments of the society and promise to be affordable with the availability of luxury.
Third and the most important reason that helps people to relax and invest in these lands is new rules against Forgery. New and quick rules have now been applied to the forgery cases of land. Earlier, the land disrupts were handled by the court’s jurisdiction which always tends to stretch such cases to a number of years, but now a sigh of relief has approached when all these cases are being handed over to the stamps jurisdiction.
The fourth best reason would be the easy connectivity of Noida to other regions like Delhi, Ghaziabad, Gurgaon, Agra. The major plus point Noida has is the rapid availability of Metro from Delhi to Noida. Also, the ongoing construction of Metro from Delhi till Greater Noida via Noida will add a golden point to all these and make it more convenient for those who travel till Greater Noida and will also decrease the traffic on roads.
The fifth point is for those who have a property in Noida or are living on rent flats in Noida. The major availability of marketplaces throughout Noida makes it very easy and accessible to live here.

Regular efforts for affordable housing for all

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Metropolises such as Noida are under scrutiny and major comprehensive plans are being drawn to build better infrastructure. The Centre is facilitating adequate amount of funds for urban local bodies in states to make cities more liveable by providing them more and more properties in Noida. “We are taking into account the, roads, water supply etc. and creating a major five-year development plan,” Naidu said while talking about Bengaluru, Pune and Noida cities. He stated that more and more 1bhk flats in Noida will be created so as to provide the urban localities the desired liveable surroundings.

State participation is the major key to achieving adequate infrastructure and it is therefore the essence of realising the ‘Housing for All 2022’ dream. Affordable housing will be a success only when these type of states perform. Around 23,000 houses still lie vacant in Delhi alone because of lack of infrastructure and therefore their buyers. “Where there are people there is a shortage of houses and now there are houses but nobody interested to reside in them. It is proving to be a grave problem,” said Naidu. The main infrastructure concerns that needs to be seriously looked after are drainage, sewage, main roads, byroads, rain water drainage, maintenance of water bodies, etc.
It is now supposed to be joint effort by the Centre, states and local bodies. People only set their keen eyes on better quality and good services. If the states can figure out a method to provide the correct measurements then there’s no going back. “They should try and study the development patterns of several states. Learn from other’s mistakes,” suggested Naidu.

Noida Authority Proposes To Build Two Bridges

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Noida Authority has, on last Friday, said that they are planning to construct two bridges across the Yamuna to facilitate better connectivity between Noida and Faridabad.

DELHI NCR: Noida Authority believes that the troubles of the daily commuters of Noida will be cut short if two bridges across the Yamuna are built. With this proposal the authority has approached Haryana Urban Development Authority. Continue reading →

Construction Laborers Turn Violent In Noida

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Some construction laborers in Noida turned violent. They alleged that they were not given payment for a few months, leading them to terrible distress.

NOIDA: Construction laborers, alleging a developer for not paying their wages, turned violent on last Saturday. The violent laborers set four vehicles on fire, besides damaging the developer’s office. Continue reading →

Elevator Industry Booms with Vertical Development

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Vertical development has become necessary due to the land scarcity and increasing housing demand. This has boosted elevator industry.

Vertical development remains one of the best options to meet the surging housing demand. In fact, due to land scarcity, it has become necessary than optional. Meanwhile it has boosted the growth of elevator industry as well. Continue reading →

NCR Residential Market Hit by Delayed Projects

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Delayed projects have hit the NCR residential market. Due to the delay of projects the home sales have dipped in the NCR.

NCR residential market is affected by construction delay.

NCR residential market is affected by construction delay.

DELHI-NCR: The prospective buyers are nailed by delay in projects. As per a recent report by Knight Frank states that new launches in the Delhi-NCR has fallen by 31%. It has adversely affected the NCR residential market.

As per the report, NCR residential market has nearly 1,40,000 unsold inventories. Out of this, over 27% is under construction.

As per the Knight Frank India report the 33,500 units were launched in the second half of 2012-13. This shows a fall of 31%. Global property consultant firm warns that the launches will see slowdown in the coming months too, affecting the largest residential market.

Developers are finding it really hard to complete the projects. The escalating prices of raw materials make construction costlier. This prompts the developers to invest more. Difficulty in finding sufficient fund is thus another reason for delayed projects. Continue reading →

How Gurgaon Outperforms Other NCR Cities

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Gurgaon is without any doubt one of the best property destinations in the Delhi-NCR.

Gurgaon is one of the top realty investment destinations in the NCR.

Gurgaon is one of the top realty investment destinations in the NCR.

GURGAON: There are many hot realty destinations in Delhi-NCR. Noida and Greater Noida, Gurgaon, Ghaziabad, Faridabad, etc. are some of the most popular property destinations in the NCR. However the most popular one among all these hot destinations is Gurgaon.

A recent report by Bank of America Merrill Lynch report stated that home sales in Gurgaon have fallen in the first quarter of 2013. It adds that home sales have picked up across the subcontinent.

Home sales picked up because builders launched new projects in lucrative prices. Discounts were offered. The situation was all the more boosted by the expected rate cut on home loans.

Though home sales in Gurgaon did not pick up, the property prices are not affected. The lower demand for housing units has, in fact, no effect on the home prices. Prices rose during the period by 4 to 5%. Continue reading →

NH 24 widening approved, boon for realty

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Real estate in Noida and Ghaziabad is likely to be boosted as finally the Authority nods for the NH 24 widening.

NH 24 widening will boost realty in Noida and Ghaziabad.

NH 24 widening will boost realty in Noida and Ghaziabad.

The authorities have approved the plan to widen Delhi-UP link road. This will take the hectic traffic away and will boost the realty in Noida and Ghaziabad. Under the new NH 24 widening plan, the  stretch from UP gate to Dasna will be widened.

The proposal to widen the NH 24 stretch came four years back. Since then it has been waiting for the approval of the authority.

The link road, besides taking away the traffic-jams, also will boost the realty in these cities. It will boost the realty market of Noida and Ghaziabad. As part of this project, the UP Gate to Akshardham stretch has already been converted to eight lines.

However, as the road gets closer to Ghaziabad, it becomes more narrowed.  The narrow roads are often places of traffic-jams. The commuters find it really hard to reach Ghaziabad due to this higher traffic.

With the decision to widen the entire NH 24, it will be easier to reach Ghaziabad in near future. To maintain the flow of traffic, the Authority plans to construct a few under-passes too. Continue reading →

Noida flat buyers stumble at Registration hurdles

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Noida and Greater Noida development authorities have warned the default developers. The authorities have asked them to pay the due amount or to be ready for facing severe actions from the part of authority.

Home buyers are affected by the new decision of Noida Authorities not to sanction the layout plans of default developers.

Home buyers are affected by the new decision of Noida Authorities not to sanction the layout plans of default developers.

It seems there is no end for flat buyers in Noida and Greater Noida. The latest registration hurdles has become a pouring of oil to their already- burning issues.

Those builders who have due-payments will not be allowed to register flats in the name of flat buyers. As a result those who have booked flats in Noida and Greater Noida will be troubled.

According to the latest reports, available with the authority, the government has lost Rs.4000 Cr in the form of default payment. Around sixty developers have not paid back the due amount.

Speaking on the issue Mr. H K Verma, additional CEO at Greater Noida Authority, said that the authority will not issue completion certificate to the default developers. He added that layout plans also will not be approved.

Around sixty builders are to pay the two authorities Rs.6000 Cr. The list contains some of the top and well renowned developers.

Noida flat buyers see no rays of hope ahead.

Noida flat buyers see no ready to-move-in home ahead, but barren land.

Mr. Verma informed that the authority is forced to take such harsh stand. It has to find sufficient fund for compensating the farmers. On the other side the Authorities are facing a severe financial crunch now.

Considering the problems of the flat buyers, the Authorities were thinking of not passing any such orders. However now they have no option to tackle the situation in which the Authorities are to pay huge amounts to the farmers as compensation.

Several notices were issued to the default developers. However the builders did not take any action or take the notices seriously. This prompted the Authorities to take tougher stand against these builders. Whatsoever, always the burden is upon the poor home buyers. Their wait to own their dream homes seems to get longer with this new issue.

Hot Investment Destinations in the Delhi NCR

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Offering higher returns to the investors, properties in Delhi NCR remain one of the most sought after options of investment. Investors in the Delhi NCR are keen to invest even on residential plots as well.

Investment in Delhi NCR properties increases.

Investment in Delhi NCR properties increases as it offers better returns to the investors.

Delhi NCR is one of the top real estate investment destinations in India. The city offers higher returns to the investors and so there are many investors who remain keen to invest in the properties in this region.

According to a recent survey, nearly one-fourth of the property investors are attracted to Delhi NCR which is second hotter destination after Mumbai. The area offers around 90% of returns to the investors.

Among the investment options in the Delhi NCR, Dwarka Expressway Corridor is the best and most sought after real estate investment destination. The area’s growth is well-supported by the infrastructure development and the location advantages. Continue reading →

Faridabad Set To Compete With Gurgaon and Noida

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With high paced infrastructure development and growing transportation facilities, Faridabad is slowly emerging as one of the best realty locations in the NCR.

Faridabad real estate booms along with widening of Highways.

Faridabad real estate booms along with widening of Highways.

Faridabad has already become a hot spot for the realty players. Many of the most noted real estate developers of the NCR region have their projects in the city now.

Though the city is facing hard-hearted competition from other neighboring cities like Gurgaon, Noida and Greater Noida, it still has achieved a place among the hot real estate locations in the NCR region.

Compared to other neighboring cities the city is more suitable and demanded by middle income class group. Viewing the increasing population level; in the city Haryana Urban Development Authority has launched a 20 year development plan for the city. Continue reading →

Noida Authority Warns The Default Developers

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Noida Authority has recently found out that nearly fifty real estate developers are not paying the due payments to the Authority. It is estimated the government loses around Rs.3000 Cr due to the default buyers.

Many Builders are identified by Noida Authority as default payers.

Many Builders are identified by Noida Authority as default payers.

BSP government had made it a rule to pay a mere 10% of the total amount for attaining land parcels for ‘group housing’ projects. This scheme was introduced with a plan to make Noida an affordable home-destination. However, recently, the Noida authority has found out that many developers have stopped the payments.

Realizing that many developers have skipped paying off the amount prescribed by the scheme, three Gautam Budh Nagar Authorities plans to amend the scheme. Sources close to these authorities said that the amendment may be applied in their next board meeting. Continue reading →

Construction Halted in Noida, After NGT Bans Groundwater- Use

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National Green Tribunal recently prohibited the use of groundwater for construction- purpose. After the order the builders of Noida and Greater Noida have halted their projects.

No more groundwater for construction- NGT Order passed in Noida.

No more groundwater for construction- National Green Tribunal’s Order prohibits the Noida builders to use groundwater for construction.

National Green Tribunal (NGT) recently  prohibited the builders from drawing groundwater for construction purposes. After the order the builders of Noida and Greater Noida have decided to halt their construction works.

The NGT Order was released on last Friday. The builders said that they will have talks with the Noida Authority soon to clear out the authenticity of the order. Continue reading →

Real estate in Ghaziabad is Growing Faster Compared To Noida

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With the improvement in infrastructure, facilities and connectivity, real estate in Ghaziabad is growing faster compared to Noida.

Ghaziabad real estate

Ghaziabad real estate will thrive as the city achieves  better development.

Real estate in Ghaziabad is on the verge to become a hot real estate destination in around 5 years’ time as compared to Noida. Yet one should notice that Noida has achieved a level of growth in a quicker span.

Earlier if the real estate builders avoided Ghaziabad real estate due to its weaker development, the current situation shows that they are keen to build up projects in Ghaziabad. Due to the steady improvement, the city seems to be competent to Noida real estate. Ghaziabad might now obviously hold better investment chances than Noida. Continue reading →

Real Estate Scam Worth Rs.3800 Cr Unearthed In Noida

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Noida Authority has unearthed Real estate scam worth Rs.3800 Cr in Noida. The real estate scam occurred in 2011.

real estate scam shakes Noida

Real estate scam strikes Noida again.

Noida real estate is shocked as the Noida Authority unearthed a bigger real estate scam. The scam occurred while BSP was ruling the state. The BSP government had leased three lakh 81 thousand sq. m. land to three private companies and some individuals.

Noida Authority has already removed Nayab Tehsildar. Further, the authority has demanded the suspension of Noida’s additional district magistrate (land). Noida Authority is to file FIR against them. The investigation against them started soon after the BSP lost its reign. Real estate land scam took place in the year 2011.

Sources close to Noida Authority reveal that the scam involves three officials of higher grade. They are Harish Chandar, a PCS officer who was posted as secretary, Tahsildar Ajay Shrivastav and Nayab Tahsildar Manoj Kumar Singh. Continue reading →

Noida Authority Seized 90 Acres of Intruded Govt. Land

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In a severe move against the land intruders, The Noida Authority freed nearly 90 acres of government land. The estimated real estate market value of this land falls around Rs.10,000 Cr.

Noida Authority seized back the intruded land.

Noida Authority seized back 90 acres of intruded prime real estate land.

Noida Authority on Thursday trampled nearly 90 acres of land from three major sectors in Noida. This act of the Noida Authority was seen as their move to toughen its attitude against land intruders.

The Authority further stated that it will pull down all illegal constructions in Noida. It warned the real estate builders who have illegal constructions. Continue reading →

Migrant Real Estate Laborers Are Exploited: Say Reports

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Real estate is in high demand for construction laborers. Labor shortage in the real estate sector creates higher trouble to the real estate developers.

Real estate developers find it difficult to finish their projects on time without having sufficient laborers.  The real estate sector has become the second best employment -provider in India after the Information Technology. However some reports say that a few real estate developers offers cash advances to the laborers for getting them on to the work site. Continue reading →

Allahabad HC Demand CBI Probe against Noida Authorities

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Allahabad High court removed CEO and Chairman of Noida. The appointment of Chief executive officer Sanjeev Saran and Chairman Rakesh Bahadur IAS will stand cancelled. Both of them will have to surrender their positions.

CBI to investigate into Noida Authority Scam

CBI to investigate into Noida Authority Case. (Image source )

 

Mr. Sanjeev Saran and Mr. Rakesh Bahadur were appointed sooner than the Samajwadi Party rose to power in U.P. Mr. Bahadur was earlier the chairman of Greater Noida and Yamuna Expressway Authorities.

The duo had been alleged of allotting lands to the real estate sharks. Nearly 14 plots of real estate land were allotted at comparatively very lower price. This act caused the state government a loss of Rs. 4,700-crore.  Continue reading →

Real Estate Hyderabad to Get 75-Crore Township by PRIL

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Patel Realty India Limited (PRIL), a subsidiary firm of Patel Engineering, is all set to invest 75-Crore in two real estate townships in Hyderabad.

Hyderabad Real Estate to Get Smondo From Patel Group

Hyderabad Real Estate to Get Luxury Oriented Smondo From Patel Group (Image Source )

Mumbai-based Patel Engineering Limited plans to invest 75-Crore in two real estate township projects in Hyderabad. The Mumbai-based construction firm is  specialized in hydropower generation and irrigation. Continue reading →

SRK Gets New Endorsement from Real Estate Firm

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Shahrukh Khan –widely known as SRK got a new endorsement from Mahagun an NCR based real estate developer group.

SRK Gets New Endorsement from Real Estate Firm

Badshah of Bollywood Gets New Endorsement from Real Estate Firm (Image Sr.- flicker)

Endorsements always act as Extra Avenue of income for most of the Bollywood stars other than acting in films. Most of these endorsement deals bring a huge amount into their bank accounts. The rate of amount varies according to the rating of the star. Normally bigger stars get bigger amounts and it comes down in the order of hierarchy.

Latest of all Bollywood star endorsements is the SRK’s endorsement with an NCR based real estate developers Mahagun. Continue reading →

Real Estate Indirectly Supports Illegal Sand Mining in Noida

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Sand being one of the essential elements which determine the overall cost of production is illegally mined at higher level. Real estate constructions in Noida now depend highly on this illegal sand mining .

Illegal Sand Mining in India

Illegal Sand Mining in India causes environment troubles.

High pace developments taking place in the real estate industry causes high level land looting and illegal sand mining in Noida. Illegally mined sand is carried on to the construction sites on tractors. This has become a very common sight these days in Noida and Noida Extension.    Continue reading →

Noida Real Estate Relaxes As Farmers Call Off Strike

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Noida real estate builders can now resume their halted work as farmers call off strike.

Farmers' Plea Authority Hears

Farmers’ Plea Authority Hears

Noida real estate builders had a deep breath as the Noida farmers have called off their strike. Earlier farmers had blocked the construction of many residential projects in Noida and Noida Extension. Continue reading →