Real estate projects in Noida
Focus of Real estate development has gradually shifted from big metros to tier- II cities in last decade and a half. Today, bulk of real estate development is happening in Tier-II cities like Noida, Greater Noida, Faridabad, Ghaziabad, Gurgaon, Chandigarh, Karnal, Pune, Mangalore, Cochin, etc. Shift of focus (of real estate developers ) from Delhi to tier- II NCR cities was mainly due to scarcity of space available for real estate development in Delhi and extremely low land prices in NCR cities compared to Delhi. Presently large number of residential and commercial projects by almost all leading real estate builders and constructors are under development in NCR cities. Besides affordable housing projects offering 1, 2, 3, 4 BHK flats, luxurious residential projects providing villas and penthouses are being developed. Commercial projects like malls, multiplexes are also coming up. Today, these NCR cities are mainly identified by Large IT parks, Business complexes, Corporate centres and High rise residential projects.
Noida is a part of Gautam Budh Nagar of Uttar Pradesh. Among all NCR cities, large scale real estate development started first in Noida. When builders shifted their attention from Delhi to NCR cities for development of residential and commercial projects, first option exploited by them was Noida. Real estate boom in Noida is comparable to all big cities in India. This is quite evident by large no. of new commercial and residential projects lined up here. Realty sector in Noida is in a position to provide all types of properties and spaces possible in India. Noida is currently seeing a surge in real estate development is similar to other NCR cities. Many big housing projects, malls, office complexes, Cineplexs, retail spaces are being planned for Noida.
Noida has developed as one of the most preferred destinations of leading developers involved in developing real estate projects. Jaypee group has developed many residential projects at Jaypee greens, Wish town, Noida. Kristal Court and Boomerang residences are two of them. Kristal court, Wish Town, Noida has 11 majestic towers with height of G+20 floors offering 3 BHK flats with 2 types of floor plans and 2 BHK flats with 1 type of floor plan at reasonable prices. Kristal court offers 2 and 3 BHK flats with sizes ranging between 1850 sq.ft to 2700 sq.ft. Boomerang residences, Wish Town, Noida has 5 majestic towers with height of G+20, G+21 and G+23 floors offering large sized, luxurious, 4 BHK apartments with sizes 5180 sq. ft. and 5250 sq. ft. at reasonable prices.
Supertech group, a reputed real estate developer has launched a world class residential project, ‘Supertech Renesa’ at Sector- 118, Noida spread over 17 sprawling acres. Supertech Renesa, Sector-118, Noida offers 2 and 3 BHK flats with area ranging between 1005sq. ft. and 1680sq. ft. at affordable prices. This state-of-the-art residential project in Noida is ideally located in close proximity to City centre metro station, Noida and is just opposite to densely inhabitated area of sector-119. Another residential project, Gulshan Homz Ikebana has been launched by Gulshan Homz at Sector 143B, Noida Expressway. Spread over 12.5 acres land, Gulshan Ikebana, Sector 143B, Noida Expressway, Noida will boast of luxurious 3 BHK apartments with sizes ranging between 1340 sq.ft. and 1995 sq.ft.
Sunworld Infrastructure Ltd. a leading real estate developer presents Sunworld city, a gated residential project at Sector- 22D, Yamuna expressway, Noida, UP. Spread over 100 acres, Sunworld city, Yamuna expressway, Noida, UP offers residential plots with sizes ranging between 120 sq. yards and 240 sq. yards at affordable prices. Assotech Realty a leading real estate developer has launched Assotech Business Cresterra, a state-of-the-art Business park at Plot 22, Sector 135, Noida Expressway. Assotech Business Cresterra, Noida consists of three towers with height of G+10 floors. This Business park offers Office Space, Research and Tech Lab Spaces, Incubators, Serviced Residences, Recreation and Health, Entertainment and Shopping spaces. Spaces of sizes 4270 sq. ft., 4310 sq. ft. and 4315 sq. ft. are available on ground floor of Tower-1 and Tower-2 while spaces with sizes ranging between 950 sq. ft. and 1110 sq. ft. are available on first to ninth floor of Tower-1 and Tower-2. Large size spaces of size 5915 sq. ft. and 3960 sq. ft. are also available on tenth floor of Tower-1 and Tower-2. Tower-3 offers large no. of small size spaces. Pricing is also comparable to other leading Business parks of Noida. Buyers can choose between Down payment plan and Construction linked payment plan while buying. Numerous other residential and commercial projects are at different stages of completion in Noida.
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