Top 8 Posh Residential Societies in Noida

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.

Investment in township projects reaps better

Investment in township projects remains better for reaping higher returns. Township projects hold better potentials to grow, providing better returns to the investors.

Investment in township projects are wiser.

Is investment in township projects wiser?

New Delhi: As long as there is no option than to develop new cities around the existing cities, the suburbs and the tier II and tier III cities will remain a better option for property investment.

Population is growing very fast in the urban cities. There is no space in the cities to accommodate the increasing number of population. So the suburbs and the tier II and III cities are the remaining option.

Prakash S Shah, while talking about the investment options, said that areas under the new master plans will be more suitable for investment. Hiranandani Constructions Pvt. Ltd.’s Finance & Business Development Director added that these areas will be more profitable for the investors as the property prices will be comparatively low in these areas.

Mr. Shah opined that residential sector is the best option for investment. This is all the more wise to have investment in some township projects. After a while, there will be commercial developments in the township projects. This will boost the property prices. So the investor can exit with higher returns.

Another important aspect related to the township projects is that the infrastructure development also will take place. As it, infrastructure development, happens, the prices will be further pushed. Moreover to raise the market value of the project, the builder himself will stand for infrastructure development.

New areas are developed around the mega cities. As they are well-planned, there will be better development.

Another best investment options would be pre-launch properties. This is mainly because the payment for these properties is linked with construction status. Additionally there will be more freebies and discounts from the part of the developers. Though these freebies are not so high, some thousands can be saved.

However the investor should access the aspects such as reliability of the developer, location advantages, connectivity features and potential infrastructure development, etc. before having any form of investment. This will make the investment wiser.

Foreign investors to focus on commercial realty

With the drop of home prices in many of the top cities, foreign investors now plan to invest in commercial properties in India.

Foreign investors plan to shift investment to commercial sector in India.

Foreign investors plan to shift investment to commercial sector in India.

Foreign investors are active in the country since 2005 the year in which they were permitted. However their main investment options remained residential market due to simpler investment norms. Moreover, once the home is finished, the housing sector offered them chances to exit easily with higher returns.

However with surging number of unsold homes in the country, the foreign investors plan to shift to commercial sector now. It is true that the residential market in India is not as vibrant as it was earlier. This would be a reason what prompts them to exit from the housing sector.

Foreign investors including Blackstone Group, now plans to the move on to the commercial sector for their investment, reported Reuters. The sluggish residential is shown as the reason for their shifted interest.

Though the foreign investors are keen to invest in India due to its fast-growing economy, they do not find investment in the residential project as suitable as it was. Home prices have fallen by 5 to 30% since 2009. This fall of home prices prompts foreign investors to look out for other options. Continue reading

Banks cut down lending to commercial sector

In 2009-10, the lenders such as Jammu & Kashmir Bank, Union Bank of India, ICICI, Bank of India and Canara Bank reduced lending to the some sectors of real estate. As per the data provided by banks, the largest private sector bank, ICICI reduced its lending to realty by 17 % and to capital markets by almost 10 %.
However, the public sector banks such as Bank of Baroda, State Bank of India, Syndicate Bank and IDBI Bank rose lending to these sectors between 34% and 46%.
Among the private banks, rank 1 lender was YES bank, next was IndusInd Bank, and followed by Development Credit Bank and HDFC Bank.
Other than ICICI bank which reduced its lending by 9.6 %, the total growth in the lending to realty was around 16.7 % in the fiscal 2009-10.There was a mixed response from the banks. On one hand, around 10 banks rose lending by 30% each, while on the other hand, 14 banks witnessed a decline in lending.
After all these ups and downs, the exact scenario was that the lending to the residential sector increased from 47.5 to 53%, and commercial mortgages reduced from 27.7 to 23.3%.

Flourishing Indian Realty Sector

Canal Tours / Singel Canal / Amsterdam /September, 2007
India no more lacks in the race of real estate market. Although many developers are nurturing this fact, but its high time now and they should come out of their shell to realize the boom of realty market.

Due to the rise of upper middle class in India, a sense of better lifestyle and good living has made home in the heart of society. Now days, people believe in spending and enjoying rather than saving and worrying. Easy living is the demand of the time.

People now do not compromise on their comfort level. When one comes back home after a day’s work, he just want an ambiance that helps him to unwind. And this statement has proved itself as a boom for the developers since they now provide facilities and get customers as soon as the project launches. The demand in the residential sector is increasing day by day. Also, due to globalization, demand for office spaces has also grown. Thus, it can be easily concluded that realty sector is flourishing to the fullest.

Commercial Realty unable to seek Buyers

Commercial National Bank
Due to the continuous oversupply of the commercial projects, the signs of pickup in demand in the sector seems becoming dull and thus banks are also backing out from lending to real estate firms.

As compared to the residential sector, the demand growth of the commercial sector in past few months is much behind that of the residential one. Not only the office spaces are yet to be occupied, but also the ready projects are unable to seek buyers. This lack of buyer’s interest in the office spaces, multiplexes and retail has forced banks to back off lending to commercial sector.

Other than the uncertain demand scenario for commercial space, banks also have to look and take care of the rising realty sector debt on their ledgers. Ranjan Dhawan, the chief general manager of Punjab National Bank (PNB) said that since some of the banks have reached their sectoral exposure limit, they cannot now get into more lending. He also added that although PNB is still in is exposure limit, still it would get into some other lending only after thorough due-diligence.

Survey on Realty Growth

contact: rajkamal.aich@gmail.com
Analysis of the growth in real estate sector in last few years was performed. It revealed some very interesting statistics of the growth. The facts go like this:

In 2007, the office sector experienced highest demand. Grade A office space of about 32 million sq ft leased out in that year. But after that, it has been a decline throughout. In 2008, it reduced to 28 million and a further decrease to 21 million in 2009. However, now a growth back to 28-29 million is seen. Although it is less than what was in 2007, but still is complementary. This demand majorly comes from infrastructure companies, from Indian corporate who wish to merge, from pharmaceutical etc and it is at pace in Bangalore, Delhi and Mumbai.

After the office space, we move on to the residential sector, where once again these three cities are putting their landmarks. Even on the account of increasing prices, these cities have managed to go through a rise in demand. In cities like Mumbai where the pricing went through a downfall of around 25-30%, it has once again come back with the demand as well as pricing. However, the situation is not the same in the other regions of India as far as residential sector is concerned.

Next comes the retail sector. This sector has not seen much growth. Although the demand from some new Indian corporate, the existing retailers and many foreign retailers, this sector still seems to be gloomy for now.

Real estate is back on track

According to CREDAI, real estate sector is picking up in both residential and commercial sector. Both real estate sectors are getting more and more enquiries. Along with enquiries, demand in both sectors has also increased. However, there are various major and minor factors behind this, but two major factors are, affordable housing concept and reduction in home loan rates. Investors have more choice and offer these days.

Mr. Raj Menda, President of CREDAI-Karnatak announced a 2 day realty expo starting from 15th of this month. This realty expo will showcase 150 properties. During this announcement Mr. Menda said that there is a growth of 60% in March of this year as compared to December last year.

Price correction supports realty

Market is encouraged by price correction and low interest rates after few months of slump. The improvement is visible in residential sector, especially in low to mid-end housing segment. Level of inquiries went up and transaction velocity increased marginally as compared to first quarter of this year. Most developers deferred plans for launching any new projects, the focus being on deploying the scarce resources on completing projects in hand.