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What are the Ready to Move & Under Construction Projects in Noida?

There are plenty of 3 BHK flats in Noida, which are under construction and some are ready to move in which leave the investors with many choices. 3 BHK flats are available in the following apartments – ATS Pious Hideaways, Gaur City, Galaxy North Avenue, ABA Cleo County, ATS Le Grandiose, TATA Eureka Park, Godrej Palm Retreat, Civitech Stadia, Supertech Ecociti, Purvanchal Royal Park, ATS Greens, Ajanara Daffodil and many more.

ABA Cleo County is a recently propelled Project by ABA Corporation situated in Sector 121. Noida Cleo County is lavishly spread over 25 acres which aims at providing resort style living to the people with a host of world-class amenities to enjoy. Cleo County offers 3 / 4 BHK apartments extravagantly outlined lofts and penthouses. TATA is launching its new residential project TAT Eureka Park in sector 150, Noida. 

ATS Pious Hideaways project is located at Sector 150 Noida. It is the best to project of people those who looking to invest in real estate at an affordable cost. All flats in the projects are designed by using luxury equipment that offers outstanding look to investors. This residential project comes with some possible facilities which include schools, colleges, commercial shops, shopping complexes, hospitals, sports, and others. The area of its 3 BHK flat varies between 1400-1600 sqft. The possession year is 2026. The price starts from 66 lakhs. Godrej Palm Retreat also offers 3 bhk flats with the price starting from 53 lakhs. It is spread over an area of 14 acres. 

Supertech Ecociti is located in sector 137, Noida. The price of 3BHK flats starts from 52 lakhs and is ready to move in. The size of 3BHK flat is approximately 890 sqft. Purvanchal Royal Park is presented by the Purvanchal Group & has a range of residential projects spread over the North India with elements of good living. The project is located in sector 137, Noida. 

Ajanara is a well known developer which has come with the residential project Ajanara Daffodil. Ajnara Daffodil is a new kind of residential project that offers a huge collection of 2BHK and 3BHK apartments facing the lush green environment. The rate of 3BHK starts from 1 crore. It is a ready to move in apartment with 19 floors, the project spreads over an area of 10 acres. Th project is located in sector 137, Noida. The project has a good demand from investors as Ajanara is well-established developer in the North India.

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COMING SOON …!List of new Properties in Noida

Noida has turned into a brilliant attraction for the developers just as the investors. Consistently, the developers & properties in Noida are gaining area to convey the best foundation to the city. The major builders in Noida include – Godrej Properties, ACE Group, Lotus Greens, TATA Homes, Prateek Group, Eldeco Group, ATS, Bhutani, Xpress, Elite, Ace, Mahagun, Civitech & many more. ATS has many residential projects like Pious Hideways, ATS Pristine, ATS Knightsbridge, ATS Pristine Golf Villas, ATS Dolce, ATS, Rhapsody, ATS Homekraft Happy Trails, ATS Nobility, ATS Allure, ATS Hedges.

Their commercial projects include ATS Cabana Heights, ATS Khyber Range and ATS Bouquet. Godrej is one of the established & recognised builders catering to both commercial & residential projects. Their properties include Godrej Nurture, Godrej Crest, Godrej Exquisite Villas, Godrej the Suits, Godrej Golf Links, Godrej Nest. Mahagun also has many projects to its credit including Mahagun Mirabella, Mahagun Moderne, Meadows, Mahagun Mywoods, Mahagun Mantra, Mahagun Mascot, Mahagun Montage.

The latest project form the highly esteemed Tata group covers a large amount of area near Noida. TATA Value homes have always come up with something special, which is clearly reflected form these apartments, which have best in class interior and living facilities. TATA value homes sector 150 Noida are developed with utter perfection. Tata Housing’s Value Homes’ latest offering Destination 150 is located at the best block of sector 150 Noida. This
sector has easier accessibility from almost every important point of interest from Noida and Greater Noida.

Civitech has two main projects in Noida which are Civitech Sampriti, Civitech Florencia. Both of these are delivered projects. Their ongoing projects are Civitech Stadia which is a residential project & one commercial project Civitech Santoni. Bhutani Infra group is one of most admired real estate builders based out of Noida. Their project Grandthum is located in the prominent area of Greater Noida. Their another project Cyberthum is spread over an area of 26.8 acres. It is Nortn India’s tallest commercial tower, helipad & ample parking facilities. Alphathum is
another commercial property by Bhutani Infra. Lotus Greens has a residential project Lotus Arena within the 180 acre Sports City. The visionary project is a dream location for all sports enthusiasts. Their another project Lotus Isle is an extraordinary mixed-use development that unifies commercial and residential spaces within its fold. Lotus Arena is located in sector 79- Noida, within the 180 acres Sports City, the project offers the best of living spaces.

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Launch of residential projects in the top 8 cities jump over 68% in H1

In the first six months of the year 2018, there were various launches made in India for residential projects. Immense confidence was shown by investors everywhere. When it comes to the launching of new properties in 8 urban areas in India, a bounce of over 68% was depicted in the real estate industry. A tremendous growth of 106% was also witnessed in the same period. Now investors are searching for progressive ventures for investment. The property buying portals can be of great help in this case. There has been a decline in inventory level despite the growth in industry. On a positive note, the reactions of people wanting to invest in residential is great. When we look at the statistics of the year 2017, it shows that approximately 11% growth was spectated in the top 8 cities in India. To elevate the condition pf real estate industry, various schemes have been launched by the
Government since the year 2016. Like Prime Minister Awas Yojana , GST and RERA guidelines. These steps have led to more clearness in the industry, although initially these steps were not taken well. There are great opportunities available for investors who prefer residential properties. A study done by experts revealed that the sales figure has been expanding reliably in the last four quarters. This resulted in developers launching properties in the urban cities.

Among the urban areas, the most elevated number of launches has been done in Mumbai Metropolitan Region(27798 units) and then in Bengaluru(18193 units) . An intriguing statistic revealed that sales have risen by 70% in present when compared to the previous years. With the help of housing schemes, even the low income groups have invested in properties, which in itself is a positive sign. The investors are
instilled with confidence because of the rising sales figure. Commercial property does not lag behind
either, because a high demand has been seen in this sector too. Domestic and international companies both have been showing interest in this. Looking at the statistics of first half of 2018, sale of 60% has been seen in below 50 lakh segment, only talking about the sales of residential property. If someone is keen on purchasing property in India, the real estate websites gives a good brief on upcoming projects. Chances are that property rates will ascend all over the country in the coming months, so this is the ideal time for investors to make a good and ideal investment.

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TECHNOLOGY PLAYING A SUBSTANTIAL ROLE IN REAL ESTATE

Technological advancement is happening in every industry, real estate is no far behind. Various innovative technologies have been introduced in this industry to ease the way it works. This technology includes 360 degree videos, pricing models, agreements made online which will have a great impact in 2019. The e-signed documents, mobile apps have smoothed the process of selling and buying properties.

The Automated Valuation Models has enabled users to gauge the expense of buying property. The block chain enabled transactions could be a relevant thing in the upcoming years. Many builders of residential and commercial properties have embraced the technological changes in various stages of the construction process.

3-D virtual tour of the site is also done to attract customers. This gives the customers a real time experience of living. The RERA(Real Estate Regulation and Development Act) has come up, which makes it mandatory for the projects to be registered with them and all information of the project to be uploaded on website. The buyers can have access to any information pertaining to the property online from various sources.

The concept of intelligent homes has come up with internet of things amenities, home automation, control lighting, automation, bio-metric security locks, security system integrated with mobiles. With the progression in technology at each phase of buying property, there is an ease and a smooth flow of process and it’s a pattern that is set to fortify in the years to come.

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A SHIFT IN REAL ESTATE EXPECTED IN 2019 – TOPROPMART

The developers are likely to use the existing inventory rather than launch new projects as they tussle with RERA Act and GST. Due to the NBFC crisis, there will be a liquidity problem to continue. But there are some new trend to be expected in this year. The affordable housing segment is expected to grow both from supply and demand side due to Government incentives for both developers and buyers. The Government has expanded the benefits of a subsidy scheme on home loans under the Pradhan Mantri Awas Yojana till March 2020. A subsidy of upto Rs 2.67 lakhs can be availed on home loans by buyers. This year will turn out be another push towards the development of housing segment.

Co-living is the concept which has been emerging due to people preferring to stay with someone, especially students and professionals. Co-living area includes private rooms with a shared kitchen and a living area. But this option is majorly available in metro cities like Mumbai, Bengaluru, Pune, Delhi. This concept has however expanded to tier II cities like Jaipur and Lucknow. There are many startups operating in this space like Oyo living, Ziffy homes, StayAbode, SimplyGuest, RentMyStay, Zolo and many more. According to some experts, Real Estate Investment Trust will be launched in this year. The Government removed many hurdles after it was first launched in 2008. Government is thinking to bring some modifications for the ease of investors in the REIT policy.

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TAX ADVANTAGE OF COMMERCIAL PROPERTY LOANS

Income from house property is an income from residential and commercial property both. Annual Value is the rent received from the property, but there are certain deductions here. There are two deductions allowed according to the Income Tax Act- standard deductions and deduction of interest. Standard deduction is allowed at the rate of 30% of annual value for any repairs, insurance, water supply etc. Deduction of interest is for purchase, construction, renovation of commercial or residential property available on interest paid on loan. There is no standard limit on deduction of interest for a commercial property loan.

To calculate taxable income from house property, the Gross annual value is deducted from municipal taxes. Then standard deduction and deduction of interest is made. The assessee gross annual income is added to the taxable income from house property and is taxed according to the income tax slab. If the taxable income from house property is negative then the loss is set off against other income. If this cannot be done and the loss is more than Rs 2 Lakh then the left over loss is moved forward to the following years, also it is then set off against other income for the following 8 years.

But there are various conditions to be kept in mind. The money borrowed from relatives or friends is considered for deduction of interest. There is no restriction on the amount of interest on loan for the commercial property which is either let out or used for business. Loan taken for repairs, construction is allowed no deduction for interest before its completed.

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EFFECT OF GST ON REAL ESTATE BUYERS AND INVESTORS

The main implication of GST is that it has brought a simplified tax structure. Previously, the buyers had to pay VAT, Service tax, stamp duty and registration charges when purchasing a property under construction. However, for purchase of completed properties, only stamp duty and registration charges were payable. The registration charges, stamp duty and VAT varied from state to state. Earlier due to various types of taxes, the businesses and purchasers had to pay tax on tax which was very complex. To tackle this problem, Government introduced GST. This has introduced positivity among the buyers and investors because of a less complex tax structure.
Under GST, all properties which are under construction will be charged at 12% of property worth. Stamp duty and registration charges are not included in this. For the properties which are complete, the previous provisions will prevail. No indirect tax will be paid by the buyers on sale of ready to move in properties. Thus the implementation of GST has brought in more transparency in taxation and has boosted the sentiments of buyers and investors.

  • Simplified taxation
  • Transparency and clarity
  • Reduced tax burden
  • Increased profit margin
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Compact Homes: A Growing Trend in Indian Real Estate

The pattern of compact homes is picking up energy in he real estate sector, the main reason being an increase in nuclear families. Particularly in the metro cities where majority of the population is working, these homes play a vital role as they are affordable in range. The space in a compact home comprises of a hall, kitchen, bedroom, study area, washrooms and a balcony. The area ranges from 500 square feet to 800 square feet, which is a sufficient space for a nuclear family. According to a survey by real estate expert, the metro cities like Mumbai, Delhi, Kolkata, Bengaluru and Chennai have little land and the prices are less too because of which the pattern of compact homes have gained immense popularity. It has also been observed that selling expensive and luxury apartments is really troublesome for developers and that’s why they prefer compact homes.
There has been an increase in preference of nuclear families by the millennials, also a growing demand for compact homes as it does not require much investment. Other advantage of these homes is that it is constructed elegantly keeping in mind the space and using it perfectly. The latest technology and latest trends in interiors is also kept in mind. The compact homes are most practical to deal with as it involves low maintenance cost which is of utmost importance to the working generation. Thus, minimum spending on furniture, electricity and other interiors. This gives the opportunity to decorate the home as one likes, customizing it according to their taste as one has dreamt of. Another advantage of these homes is that it has a great resale value. The return on investment for compact homes is far better than big luxurious apartments. Also they are sold off easily as their demand is great in urban cities. So it comes to no surprise why these small spaces are gaining widespread popularity among the millennials.

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RESIDENTIAL APARTMENTS/FLATS IN LUCKNOW – TopPropMart

There are various localities in Lucknow where residential market is growing and has a huge demand. Multi-storey apartments are available in areas like Shaheed path, Faizabad road, Gomti nagar, Mahanagar, Kanpur road, Jopling road, Vibhuti khand, Sushant golf city. MI Rustle Court is one such residential apartments in lucknow with the price of Rs 74.9 lakhs, area being 1452 sq ft and 2 bhk apartments. Residential flats are coming keeping in mind the requirements of investors and providing the best amenities to them. New age technologies along with all comforts are kept in mind to give the best experience to investors for residential flats in Lucknow.
The price ranges between 2 lakhs to 2 crores.In Lucknow, the locations of residential apartments lies in Gomti nagar extension, Faizabad road, Dewa road, Vrindavan Yojana. The number has always increased because of many residential properties coming in Lucknow. The city has developed when it comes to real estate industry, so the people who buy residential properties in Lucknow have got high returns on their investment. The areas of these residential apartments are Faizabad, new jail road, sitapur road, jankipuram, niralanagar. One should have a budget in the range of 22 lakhs to 2 crores. One expects all modern amenities and spacious property along with decent locality for residential apartments. Residential plots are available in areas jail road, Deva road, Gomti nagar extension, Jankipuram, Mohanlalganj, Kursi road, Indira nagar, Ansal API Golf city. The prices range from Rs.3000 per square yard to Rs.60,000 per square yard. An investor can get a good ROI when buying residential property in Lucknow as the industry is seeing ample growth in the city with many new projects coming up. To know the best residential property deals visit TopPropMart

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HOW TO INVEST IN REAL ESTATE WITHOUT BUYING PROPERTIES

The trend in real estate has evolved with time. To fetch high returns on investment people are investing in commercial properties. Earlier people used to invest only in residential spaces but now it has changed. To get assured rental income people are not investing in just one commercial project but in several small budget projects. Virtual space is the talk of town now. Virtual space investment means the space being registered in investor’s name but he does not have its physical ownership. The biggest benefit here is that the investor does not have to think about maintenance of the owned space. After completion of its construction, the owner starts getting its rent. Virtual space is actually an office space which is rented out to different buyers. At any point of time the investor is free to sell the property. It offers varied use of commercial development like restaurants,food courts, offices, rentals, spa. There is a better growth of return in such investment.

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