Tag Archives: Noida Extension

Commercial Shops In Noida Extension

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Real estate investing is no longer a simple task. It is hard to decide where to invest. There are numerous commercial projects in India, but before investing in any venture, you must be cautious about your funding. First, you must determine what type of property you want to invest in or what property will fit your budget. There are a few good commercial assets where you can earn money. We always advise our clients to invest in retail shops in Noida if they have an investment budget but no experience in industrial property. However, if you have any experience in the business sector and a large budget, you should invest in the commercial property in Noida Extension. 

Commercial Shops in Noida Extension 

You can spend your money on Retail Shops in Noida Extension. Commercial Shops in Noida Extension have a lot of potential for good returns on Investment for a short period. One of the reasons is that the developers building a retail store here are very professional and well-known. They are using cutting-edge technology in construction, so the overall result is better. They hire internationally renowned architects for projects to develop new designs and ideas in India.  These international architects have worked on a variety of projects in developing countries, and as a result, they require full-size experience. 

Central Noida Retail Stores 

There are a few projects in Noida where you can buy retail shops for incredibly reasonable prices. Spectrum Metro is a good project where you could invest in retail stores in significant Noida. These stores stand in E. Sector 75 Noida, which is the center of Noida. The world 50 & 51 Noida, the oldest and most expensive part of Noida, opposes Spectrum Metro Noida. The USP of the project is the upcoming Max Health Center directly across from it because most people will buy their medications and food items from its strategically located store. 

Guidelines for Purchasing Commercial Stores in Noida Extension

People are choosing commercial shops in Noida Extension NCR because, as we all know, the area is experiencing significant residential and commercial development due to industrialization, commercialization, and high-connectivity infrastructure developments. Always look for commercial shops near Metro stations; doing so will increase investment returns in the long run. The foot traffic will increase due to the proximity of a metro station, which will eventually be to your advantage and that of your investments. 

The best options are great retail stores with spacious storefronts for retail space units with designated signage areas. Retail establishments with designated drop-off points give you the advantage in future profits. Another excellent investment is a store with kiosks and seating areas. If you are looking for commercial office space, there are designated, separate drop-off and entrance areas for offices if it is a mixed-use building with both office and retail space. 

The city’s thriving business district is conveniently close to a contemporary, upscale business complex. The proximity of a market, hospital, and metro station is also crucial. Always look at the real property from a real developer when searching for commercial property in Noida Extension. Real estate developers who are fake and pitiful are currently abundant on the market. As a result, always investigate the developer’s reputation. This advice will give you a long-term rental business and raise the bar for your smart scale. 

One of the areas with the fastest growth rates in the nation and Delhi NCR is the Noida Extension. This region has gone too far in terms of amenities, appreciation, connectivity, infrastructure growth, and final security.  

Noida Extension Flat Owners Relieved As NCDRC Stays Cancellation

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National Consumer Dispute Redressal Commission; providing great relief to the flat owners of Noida Extension, has stayed the cancellation of flats by a developer.

Flat buyers of Noida Extension finally relieved as their cancelled bookings were stayed.

Flat buyers of Noida Extension finally relieved as their cancelled bookings were stayed by NCDRC.

Proposed flat owners of Noida Extension finally were relieved as National Consumer Dispute Redressal Commission stayed the cancellation of their bookings. The commission stayed the cancellation of over 100 flats which were allegedly cancelled by a developer.

It was in last month; leaving the flat owners to stay in distress, a developer cancelled the bookings soon after the Greater Noida Master Plan 2021 was approved by the planning board of NCR. Once the Master Plan got the approval, the construction was resumed in the area.

Distressed home buyers of Noida Extension had approached the commission earlier last month against the private developer who cancelled their bookings. Continue reading →

Noida Land Order Got No Reviews from Allahabad High Court

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Home-buyers in Noida and Greater Noida will have to wait longer for their flats. The Allahabad high court on Monday dismissed the plea of the Noida and Greater Noida authorities seeking review of its earlier order requiring all projects in the area to get the NCR Planning Board’s approval. So, till these clearances are in place, buyers will not get possession.

However, there was some relief for the buyers as well, with the court striking down a review petition by a group of villagers who wanted the land acquisition quashed in a village where construction work had started. The ruling led to some farmers in Noida Extension taking to the streets and attacking housing projects. They blocked traffic for a few hours.

The court also stuck to its earlier ruling granting increased compensation as well as 10% of the developed land to farmers.

Both the Noida and Greater Noida authorities had filed applications seeking review of the order dated October 21, 2011 which requires the NCR Board’s clearances for projects. The authorities argued before the three-judge bench of Justices Ashok Bhushan, S U Khan and V K Shukla, there was no need for such approvals but the bench was not impressed.

The court also dismissed applications to review the order on providing 10% developed plots to farmers. The authorities said development work in the area was almost complete and there were no leftover plots which could be given to farmers. Appearing for the farmers, Kamal Singh Yadav opposed the review applications saying developed plots were available but was not being provided to farmers. On October 21, 2011, after hearing 491 petitions against land acquisition filed by farmers of 63 villages falling under Noida and Greater Noida, the Allahabad High Court had cancelled land acquisition in three villages where construction had not started.

The acquisition was undertaken by the authorities using the urgency clause in the name of industrial development. But later the land use was changed to residential and plots sold to builders. However, in 60 villages where substantial construction work was already done, the court did not quash the acquisition. Instead, it asked the authorities to increase compensation and provide 10% to the affected farmers.

Thus, while ensuring enhanced compensation to farmers, the court also took into account the interest of more than 50,000 people who had booked flats and houses in projects on the acquired land. Now, the two authorities have no other option but to take approval of NCR planning board whose meeting is scheduled later this month and pay enhanced compensation to farmers.

Talks Fails, GNIDA CEO faces ‘Hostile’ Crowd.

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Greater Noida: 11 days left for the state government to work out an out of court settlement with Noida Extension farmers, the GNIDA has rushed talks but without success. The discussion between authority and the farmers of Patwari village failed on the issue of compensation, because back to back court orders quashing forcible land acquisition. The fate of 1 lakh houses in Noida Extension hangs in the balance.

The CEO of GNIDA Rama Raman, faced a hostile crowd of farmers, who said if the authority could not hike the compensation then there is no point of holding this discussion. They also accused the authority of trying dividing farmers by giving rehabilitations and other benefits to selected farmers, to weaken the movement against land acquisition.

Farmer leader said the authority is trying to play divide and rule policy by keeping land of some influential farmers. He told CEO, no out of court settlement could be reached out without hiking the compensation. The CEO said 4 bighas of land belonging to the village head would be regularized and not termed as encroachment.

The discussion between the authority and the Patwari village’s farmers failed on the issue of compensation. The authority wants to acquire the land and pay according to new acquisition and rehabilitation policy which allows the authority to give farmers bigger developed land plots, Rs 200 more per sqm as cash compensation, besides annuity payouts.

SC Comes to Rescue Noida Ext. Home Buyers

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The developers of projects of Noida Extension will be refunding back money with interest to the buyers. The have also offered to shift buyers to their other projects being launched in the same area.  A bench of Justice G S Singhvi and Justice A K Ganguly has taken into consideration the plea of the people who booked the flats in these housing complexes which were being build by the seven builders. The court has made clear to these builders that they have to refund back the full amount with interest to the buyers.

The builders clarified that the full refund offer was open to all those buyers who had booked flats in housing projects of Sahberi village, where Noida authority had alloted land to builders without completion of the legal and acquisition process. Buyers seeking full refund outside that village will have to bear the cancellation penality as to they have to follow proper rules.

A spokesperson of CREDAI said, inspite of no fault of builders they are also being affected, but have decided to bear the loss and return full money with interest to the buyers. However, the builders are yet to get clear intructions from the greater noida authority on which portion of land comes under Sahberi village, which will take another two weeks. After that, developers will send formal letters to the affected buyers for option of shifting to other projects or full refund with relevent interest.

The Supreme Court Upheld the Noida Extension Order

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The Supreme court had upheld the order of Allahabad High Court that had nullified the possession of Greater Noida Authority of land of Greater Noida in Shahberi Village. Also, Supreme Court had imposed a fine of INR 10 lakh on the Greater Noida Authority. The SC said the Greater Noida Authority bought lands from farmers for industrial projects but later they changed the land usage to residential projects which is a complete act of violation of the purpose of the land. The SC’s decision is likely to affect several builders – Amarpali, Ajnara, Mahagun, Supertech and Panchsheel.

On the contrary, Supertech Limited has not launched or sold any project on the land falling in this village. This village is closest to the project Eco Village2 but the current land of this project does not belong to this village. Construction is on for all the 3 projects – Ecovillage-1, Ecovillage-2, Ecovillage-3) in Noida Extn. Thus all the investments are fully safe and project would be completed on time. The Ecovillage housing are affordable with starting price as 9.85 lakhs.

So, Noida Extension’s loss will yield an unexpected gain for other locations such as Noida, Indirapuram, Vaishali, Vasundhara and Raj Nagar Extension?

Amrapali Leisure Valley launched in Noida Extension

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Summer Storm over Kuala Lumpur
Amrapali group, one of the very recognized real estate developers in India have come up with yet another new project named as the Amrapali leisure valley which essentially is an integrated township of international standards. This township is spread over an area of approximately 100 acres. It is brought up to meet the growing housing demand in NCR. The township is very close to the bus terminal in the vicinity and also metro line is soon going to hit the area.

Amrapali Leisure Valley provides you with all the amenities which makes your home the most comfortable and attractive one to live in. It seems that this township will be a masterpiece since it offers a complete package of lifestyle to the consumers, and that too much closer to the city than expected.

Amrapali Leisure Valley is located in the latest prime location of Noida, i.e. the Noida Extension. The site is very well connected to the major locations of NCR. There are many reputed schools, professional institutes, IT companies and hospitals in vicinity.  The exact location is Sector 4, Noida.

Amrapali Group announces “Amrapali Leisure Valley” Independent Villas in Noida Extension

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Till now Noida extension was only having war between budget home providers. Adding to the current construction war in Noida Extension Amrapali group recently added new Category “Independent villas“. Today In leading newspapers through Full page ad Amarapali Group announced a Project Having Luxurious Independent Villas in Noida Extension. Name of the project is yet not announced but According to the sources it’ll be called “Amrapali Leisure Valley“.It will have around 71 Acres of open area. At its name suggests It will have many Leisure facilities like golf,cricket academy, Club, Pool facility.

For More details and Booking Visit http://amrapalileisurevalley.propertywala.com/