Categories
Area development

Growth of Real Estate on Yamuna E-Way, Noida

BKC Real Estate prices are 75% more than Nariman Point, which was THE ADDRESS IN MUMBAI….Similarly Yamuna Expressway to cross Noida Pricing

Dear Friends,

Please find enclosed below three links of L&T Reality/ M3M & Max Estate upcoming residential plots in Sector 128, Noida. They are expecting RERA registration number by Mid- March 2023. Currently, from customers, for booking, they are seeking Expression of Interest with ₹10 lac cheque, which will be banked once RERA registration is completed. The prices on which letter of interest with cheque is being collected for above mentioned Housing Projects is upto to ₹22,000/- for BSP+ all add ons like Club Membership + Parking + Power back-up + PLC’s viz (View + floor rise + lease rent etc) and government levies, which normally add upto about 25%-30% of BSP on saleable basis.

Yamuna Expressway Real Estate Prices currently prevail 50% of Noida- Greater Noida Expressway & therefore, taking cue from these three Housing Projects are launched, Yamuna Expressway prices are likely to reach ₹8,000/- per Sq ft to ₹11,000/- per Sq Ft shortly.

Why Yamuna Expressway Real Estate Prices will be more than Noida.

As mentioned in money control enclosed report, today BKC Real Estate prices are 75% more than Nariman Point, which was THE ADDRESS IN MUMBAI. Am pleased to enclose a money-control write-up, which will give all esteem members insight why Real Estate Prices Escalation will be maximum itself in Yamuna Expressway as it did for BKC in Mumbai🥳

https://www.moneycontrol.com/news/business/real-estate/mumbai-real-estate-the-decline-of-south-mumbai-and-the-rise-of-the-suburbs-9816821.html

Noida shifts from affordable Real Estate Market to High End. Members to gain immensely.

Affordable housing goes for a toss in NCR as apartment prices surge

https://www.indiatoday.in/business/story/affordable-housing-projects-disapper-in-ncr-apartment-prices-surge-2362410-2023-04-20

The market is abuzz with news that L&T may launch a luxury offering in Sector 128, so might M3M in Sector 94 and County Group in Sector 115 and Max Estates. Most of these are expected to be priced between Rs 10,000 per sq ft and Rs 20,000 per sq ft. The entry of branded developers is expected to change the landscape of the city, which has all along been an affordable market, say real estate experts.

https://www.moneycontrol.com/news/business/branded-real-estate-developers-make-a-beeline-for-noida-and-gurugram-with-luxury-launches-10227521.html

Major developments in Area

“The main reason for higher receipts this year is the sale of industrial and residential plots through the e-auction system”

https://m.economictimes.com/news/india/rs-1000-cr-in-2023-24-budget-for-land-acquisition-for-new-noida/articleshow/99712950.cms

Rail coaches of Vande Bharat, company seeks 100 acre for plant to invest upto 25000 cr in phases

https://swarajyamag.com/infrastructure/noida-manufacturers-of-vande-bharat-coaches-seek-100-acres-land-from-yamuna-expressway-industrial-development-authority

NOIDA INTERNATIONAL AIRPORT work on track for trials in March 24

Work on NIAL is on track and trial flights are expected in March 2024, while regular commercial and cargo flights may take off by the end of July 2024, says Arun Vir Singh, CEO of NIAL. Singh said the first flight is expected to take off from October 1, 2024.

https://www.moneycontrol.com/news/business/real-estate/5-million-passengers-expected-on-first-day-at-noida-airport-on-october-1-2024-ceo-10221381.html

Currently, members allotment rates for Society flats rates are the cheapest in entire Yamuna Expressway & therefore, it’s right time to invest in Yamuna Expressway and book profits. You may circulate this to your colleagues &/or friends/ relatives, who you think can gain from investing in Yamuna Expressway.

Please note that we are offering best locations Villa’s in Sports City @ cheapest prices.

https://drive.google.com/file/d/1D2i1vBrvYZ2piBx9hLu8avPH-wg3m8A_/view?usp=drivesdk

To check current Project pictures & area details please click: http://pcb.net.in/blog/2023/01/21/ready-to-move-in-3bhk-in-sports-city-at-yamuna-expressway-2/

Warmly,
Saxena V M
Secretary,
Petroleum Coal & Banking Executives Welfare Society
Visit us at pcb.net.in
+91 9990623304

Encl: Links for further review of all above three Residential Projects:

1/L&T Realty in Sector 128 Noida | Pre Launch Offer | Price List, Brochure, Floor Plan & Reviews:

https://lntrealtynoida.com/

2/M3M Sector 128 Noida |Luxury Project Coming Soon:

https://www.m3mproperties.com/residential/noida/m3m-sector-128/

3/Max Estates Sector 128, Noida:

http://www.max-estates.com/#price-list

Categories
Area development

View from the Top of Speed Tower S2

Today 19.4.23 we could ride the lift to the top and capture some amazing views. Sharing the same:

First some video links 

Mr Anil K Tiwari our member from PNB became the first to have a trail of the newly installed lift in S2 tower 

https://youtu.be/W0665H7nVWA

Some video views from 18th/19th floor

F1 track from 18th floor
Notice the green expanse surrounding the project with stadium.
T4 9th floor slab casting from S2
T1 Tower view from S2 Top
Cricket Stadium (upcoming) from the 18th floor
Park and Eastern Peripherial E-Way view
Layout of Landscape within the project, notice the open greens

“आगंतुक भाष्य”

We value your opinion

Categories
Area development

Investment growth in Real Estate on Yamuna Expressway

Dear Members,

Please find enclosed for your kind perusal following important write-up on your investment at Yamuna Expressway:

BKC Real Estate prices are 75% more than Nariman Point, which was THE ADDRESS IN MUMBAI….Similarly Yamuna Expressway to cross Noida Pricing

Dear Friends,

Post a very successful UP Global International Submit, MOU’s worth ₹33 lacs+ crores of investment were executed. As per the demography of the said MOU’s 27% (Approximately ₹9 lacs Crores) of Total UP investment is allocated to Gautam Budh Nagar District maximum of which will be invested in Yamuna Expressway followed by Greater Noida and Noida. Over & above, recently, all three authorities of Gautam Budh Nagar district have increased the land allotment prices by 30%-35% across all categories.

Resultantly, above, clubbed with News that Jewar Airport will be operational by early 2024, the residential real estate prices are skyrocketing in entire district.

Please find enclosed below three links of L&T Reality/ M3M & Max Estate upcoming residential plots in Sector 128, Noida. They are expecting RERA registration number by Mid- March 2023. Currently, from customers, for booking, they are seeking Expression of Interest with ₹10 lac cheque, which will be banked once RERA registration is completed. The prices on which letter of interest with cheque is being collected for above mentioned Housing Projects is upto to ₹22,000/- for BSP+ all add ons like Club Membership + Parking + Power back-up + PLC’s viz (View + floor rise + lease rent etc) and government levies, which normally add upto about 25%-30% of BSP on saleable basis.

Yamuna Expressway Real Estate Prices currently prevail 50% of Noida- Greater Noida Expressway & therefore once these three Housing Projects are launched, taking cue from them Yamuna Expressway prices are likely to reach ₹8,000/- per Sq ft to ₹11,000/- per Sq Ft shortly.

Gaur Areo Suits @ Yamuna Expressway Price about Rs. 6,500/- per sqft

Check Attached Rate list

Why Yamuna Expressway Real Estate Prices will be more than Noida

Currently, as mentioned in money control enclosed report, today BKC Real Estate prices are 75% more than Nariman Point, which was THE ADDRESS IN MUMBAI. For members better understanding, am pleased to enclose a money-control write-up, which will give all esteem members insight why Real Estate Prices Escalation will be maximum itself in Yamuna Expressway as it did for BKC in Mumbai🥳

https://www.moneycontrol.com/news/business/real-estate/mumbai-real-estate-the-decline-of-south-mumbai-and-the-rise-of-the-suburbs-9816821.html

Currently, members allotment rates for Society flats rates are the cheapest in entire Yamuna Expressway & therefore, it’s right time to invest in Yamuna Expressway and book profits. You may circulate this to your colleagues &/or friends/ relatives, who you think can gain from investing in Yamuna Expressway.

Watch updated visuals of the site;

http://pcb.net.in/blog/2023/04/20/view-from-the-top-of-speed-tower-s2/

View of lights on Speed Towers of 3 BHK, Link for details

http://pcb.net.in/blog/2023/01/21/ready-to-move-in-3bhk-in-sports-city-at-yamuna-expressway-2/

Warmly,
Saxena V M
Secretary,
Petroleum Coal & Banking Executives Welfare Society
Visit us at pcb.net.in
+91 9990623304

Encl: Links for further review of all above three Residential Projects:

1/L&T Realty in Sector 128 Noida | Pre Launch Offer | Price List, Brochure, Floor Plan & Reviews:

https://lntrealtynoida.com/

2/M3M Sector 128 Noida |Luxury Project Coming Soon:

https://www.m3mproperties.com/residential/noida/m3m-sector-128/

3/Max Estates Sector 128, Noida:

http://www.max-estates.com/#price-list

Categories
Area development

Offer of best location Villa’s & Ready to move Flats on 100% paid-up land at cheapest prices across Yamuna Expressway.

Dear Friends,

This is an offer for Ready to Move-in 3BHK and booking for Villas in Sports City at Yamuna Expressway.

Please note that we are offering best locations Villa’s in Sports City @ cheapest prices.

https://drive.google.com/file/d/1D2i1vBrvYZ2piBx9hLu8avPH-wg3m8A_/view?usp=drivesdk


Please check the interiors of 1850 Sqft 3BHK+1Servant + 4Toilets of Actual Flat:

https://youtube.com/watch? v=pRPKW2ioZW4&feature=share

Views of Actual 3 BHK finishing flats: 

1.Living Room

  1. Dining Area
  1. View from Entry Gate
6. NIGHT VIEW of 3 BHK Towers
Green Belt 1
Installation of Lift in S2 Tower

Projects USP’s:

Please note that we are one of very few Projects, which have 100% paid up land. Please see No Due Certificate:

http://pcb.net.in/blog/2021/08/11/no-due-certificate/

ACCOLADE’s & AWARDS:

  1.  Best Project Award by Builder Council of India
  2. International Achiever’s Award (In Real Estate Category) by Zee 

Check Society’s Members & Esteem Guests Views on the project, please check the following link:

http://pcb.net.in/blog/2016/07/25/mr-g-c-katiyar-executive-director-ongc/

We invite you to explore an opportunity to get a home in the sprawling 2600 acre Sports city, the Budh International Circuit Yamuna E-Way. Note that no other location offers 1000 acres of green area.

YAUMNA EXPRESSWAY USP’s:

Yamuna Expressway is the Top investment district at the UP Global Summit with investments. Investors are flocking to Yamuna Authority in view of the upcoming Jewar Airport. Along with this, Greater Noida Authority and Noida Authority have also attracted several investors.

The Uttar Pradesh government has received an investment proposal of Rs 32,92,000 crore from the Global Investors Summit (GIS), which will provide employment to 92 lakh people. Proposals worth Rs 7,85,937 crore came from Gautam Buddha Nagar during the Investors Summit.

https://www.business-standard.com/article/current-affairs/noida-emerges-as-up-s-most-favoured-investment-destination-at-gis-123021200463_1.html

The state’s first Medical Device Park has been inaugurated near the Yamuna Expressway. Similarly, Film City, toy park, apparel park, Handicraft Park, Logistics Hub are being developed in the Yamuna Expressway area.

Global Investors Summit | Got Rs 32.92 lakh cr investment offers even before Summit began: Yogi Adityanath | Cities News,The Indian Express

Land allotment begins for Medical Devices Park

UP’s First Medical Device Park: 26 Allottees Receive Nod To Establish Their Units At Sector 28 In YEIDA Region (swarajyamag.com)

F1 track to host Moto G event this year, the capex has been finalized at Rs 472 cr. The revival of Indias only car sports facility will pave the the way for lot more activity and investments.

https://tricitytoday.com/greater-noida/472-crores-will-be-spent-on-organizing-moto-g-in-greater-noida-40053.html

YEIDA promoted Yamuna City to be 2 times of Delhi and 15 times of Noida. 55 villages of Bulundshahar and Khurja district have been added for expansion. Noida International Airport to be focal point of development of Aerotropolis.

https://tricitytoday.com/amp/greater-noida/yamuna-authority-is-developing-a-city-twice-the-size-of-delhi-37310.html#

NOIDA INTERNATIONAL AIRPORT work on track for trials in March 24

Work on NIAL is on track and trial flights are expected in March 2024, while regular commercial and cargo flights may take off by the end of July 2024, says Arun Vir Singh, CEO of NIAL. Singh said the first flight is expected to take off from October 1, 2024.

https://www.moneycontrol.com/news/business/real-estate/5-million-passengers-expected-on-first-day-at-noida-airport-on-october-1-2024-ceo-10221381.html

Air India SATS-Zurich Airport to build integrated multimodal cargo hub at Jewar

https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/air-india-sats-zurich-airport-to-build-integrated-multimodal-cargo-hub-at-jewar/articleshow/97794293.cms

As the Jewar Airport will need CISF security and as now the handover will be 9 months is advance, CISF camp has been allotted 50 acres to set up camp of 1000 personal who will be responsible for Noida International Airport security.

CRPF training center also allotted 100 acres.

Both are in sector 22 of YEIDA, this is in addition to ATS center that was allotted land in 2021.

https://tricitytoday.com/amp/greater-noida/cisf-and-crpf-will-camp-with-up-ats-near-jewar-airport-37283.html

Noida International Airport is currently under construction and will boast many upscale amenities. The cutting-edge facility will have various forms of transportation available, including a metro line, shopping complex and luxury hotel.

https://www-timesnownews-com.cdn.ampproject.org/v/s/www.timesnownews.com/delhi/noida-international-airport-likely-to-operate-from-sept-2024-facilities-to-include-metro-luxury-hotel-mall-article-97062081/amp?amp_gsa=1&amp_js_v=a9&usqp=mq331AQIKAGwASCAAgM%3D

Boom Time for the area

Rs 5.86 laks Crores Investment to create 18.76 lakh Jobs🥳🌈👍

Gautam Buddh Nagar, which includes industrial cities of Noida and Greater Noida, has received investment proposals worth Rs 5.86 lakh crore since the announcement of Uttar Pradesh Global Investors Summit in November 2022, according to district officials. “So far in Gautam Buddh Nagar, investment intents worth Rs 5.86 lakh crore have been received from 871 investors. These investments will create 18.46 lakh jobs. Of these 871 investors, 792 investors have signed MoUs (memorandum of understanding) worth Rs 3.78 lakh crore. These investment intents have come since November 21, 2022, Kumar told PTI.

https://www.business-standard.com/article/economy-policy/noida-gets-investment-intents-worth-rs-5-86-trn-ahead-of-investor-summit-123012200491_1.html

Noida shifts from affordable Real Estate Market to High End. Members to gain immensely.

The market is abuzz with news that L&T may launch a luxury offering in Sector 128, so might M3M in Sector 94 and County Group in Sector 115 and Max Estates. Most of these are expected to be priced between Rs 10,000 per sq ft and Rs 20,000 per sq ft. The entry of branded developers is expected to change the landscape of the city, which has all along been an affordable market, say real estate experts.

https://www.moneycontrol.com/news/business/branded-real-estate-developers-make-a-beeline-for-noida-and-gurugram-with-luxury-launches-10227521.html

Yamuna Authority in May 2023 is auctioning 3 Group Housing Society Plots, near our Project. As the payment of plots is in 180days, branded builders will only Bid. This will push the real estate prices in our area & members investment will increase many times

New Noida will be just behind our Project.

Boom Time for Real Estate Investment prices are skyrocketing many times

The Central government and the Uttar Pradesh government have completely turned their focus on making the Noida-Greater Noida region an economic powerhouse in the north. They have been investing heavily. Apart from the Noida International Airport and Fintech City, they are also planning to make what they called New Noida. New Noida will be on either side of the Eastern Peripheral Expressway.

In New Noida’s Anandpur village, the land rate was Rs 12 lakh per bigha but it is now being sold at Rs 30 lakh per bigha. In Khandeda village, the land rates have increased from Rs 12 lakh to Rs 22 lakh, reported Tricity.

https://www.dnaindia.com/india/report-new-noida-land-prices-rise-to-get-faridabad-noida-ghaziabad-greater-noida-mumbai-corridor-connectivity-3018659

APPLE, known to all, has announced a Rs 2800 Cr investment in Yamuna Expressway

As Apple makes India shift, suppliers move to invest Rs 2,800 crore in UP (business-standard.com)

MICROSOFT and TCS are setting up campus near by

Microsoft’s new Taj Mahal-inspired office in Noida is a sight to behold, new campus in Sector 145 upcoming – Petroleum, Coal & Banking Executives Welfare Society (pcb.net.in)

TCS to go ahead with over four million sqft IT park spread over a 50-acre plot in Noida, Uttar Pradesh. – Petroleum, Coal & Banking Executives Welfare Society (pcb.net.in)

VANDE BHARAT coaches to be made in Jewar

https://swarajyamag.com/infrastructure/noida-manufacturers-of-vande-bharat-coaches-seek-100-acres-land-from-yamuna-expressway-industrial-development-authority

Yamuna Expressway give Competition to Kota in Education
Narsee Monjee is most likely to start enrolling students from 2024, the year the Jewar airport is likely to be launched.

YEIDA CEO Arun Vir Singh said, “We have been working on a plan to create an education hub in the region on the lines of Kota. The idea is to bring all training institutes and coaching centers in one place.
Land parcels have already been allotted to several prominent educational institutions like Narsi Munjee, JBM University and Galgotias University in the Yamuna Expressway area.
https://m.timesofindia.com/city/noida/noida-off-yamuna-expressway-land-for-kota-like-coaching-hub/amp_articleshow/95543324.cms

Global tender likely for Film City along Yamuna Expressway
The project is planned over 1,000-acres of land in Sector 2 along the Yamuna Expressway, close to the Jewar airport site.

Top International Studios line up

Arun Vir Singh, CEO, YEIDA, said that global companies like Sony have shown interest in the project, which is being helmed by the Authority.

The film city will come up in Sector 29, along the Yamuna Expressway. A pet project of Chief Minister Yogi Adityanath, it is planned on an area of 1,000 acres and will be 6 km from the upcoming international airport in Jewar and 12 km from the Eastern Peripheral Expressway.

“We have floated a global tender for the film city. It is coming up in Sector 21 and we have received many queries from big guns like Sony, Fox, Universal,” Singh told Moneycontrol in an interview.

https://www.moneycontrol.com/news/business/real-estate/last-date-of-application-for-investments-in-noida-international-film-city-extended-10220791.html

Few published write-ups on advantages of buying Property in Yamuna Expressway:

https://www.99acres.com/articles/investment-capability-of-yamuna-expressway.html

https://www.magicbricks.com/blog/why-invest-in-yamuna-expressway-authority-plots/124306.html

Upcoming Jewar airport pushes Yamuna Expressway land rates up 38% in 3 years; highest in India  via @business_today

https://www.businesstoday.in/real-estate/story/upcoming-jewar-airport-pushes-yamuna-expressway-land-rates-up-38-in-3-years-highest-in-india-342265-2022-07-21?utm_source=btweb_story_share

Affordable housing has gone for a toss in the satellite cities located in the National Capital Region (NCR), including Noida, Ghaziabad, and even Greater Noida.

https://www.indiatoday.in/business/story/affordable-housing-projects-disapper-in-ncr-apartment-prices-surge-2362410-2023-04-20

Noida Airport to become as Major AMRO Hub:

https://aviationa2z.com/index.php/2022/06/30/noida-airport-to-emerge-as-a-major-mro-hub-in-india/
https://www.100knots.com/noida-international-airport-to-become-a-significant-mro-hub-in-india/
https://simpleflying.com/noida-airport-to-emerge-as-a-major-mro-hub/
https://m.timesofindia.com/city/noida/cabinet-policy-nod-clears-decks-for-aircraft-overhaul-hub-at-airport/amp_articleshow/92559006.cms

For you to assess the future of Real Estate on Yamuna Expressway, we are enclosing the following links for your kind perusal:

Sports City & Yamuna Expressway/ Greater Noida/ Noida Sector-150 Prevailing Prices:

TATA Eureka  Noida Sector-150, 4Side open Plot, One Side on Yamuna Bank. Phase-1 Possession September 2023. CURRENT RATES @ nearing Rs11,000/- approx per Sqft on saleable basis.
https://drive.google.com/file/d/1s-O0qkWveWr-fjofHqfvKvlSObPvlgC7/view?usp=drivesdk

Godrej Greater Noida. Current Status 3Phases Sold. 4th & last Phase yet to be launched. CURRENT RATES @ nearing Rs15,000/-+ approx per Sqft on saleable basis. https://drive.google.com/file/d/1rzYkUSH-Joi4vt149SVJNkARkNPvdOOC/view?usp=drivesdk

Premiere Home & Soul Project:  Sports City, Current status 4 Floors made. When we face F-1 Track, it’s on right side Sharing Common Boundary with us.  CURRENT RATES @ nearing Rs 6,000/- approx per Sqft on saleable basis.
https://drive.google.com/file/d/1rLOO1oToi80lEVHz_ulwYdNhZdK6S8Mw/view?usp=drivesdk

Imperia: Sports City, Current status 2 Floors made. When we face F-1 Track, it’s on left side about 250-300 meters away from our Boundary. CURRENT RATES @ nearing Rs 6,300/- per Sqft on saleable basis.https://drive.google.com/drive/folders/1rXjfVef-WQeYxhtVOYX3C55gAqfF7zg_

Speedways Sports City, Current status finishing on. When we face F-1 Track, it’s on our back side about 250-300 meters away from our Boundary.  CURRENT RATES @ nearing Rs 6,000/- approx per Sqft on saleable basis.
https://drive.google.com/file/d/1rRXafZuC2puIc0iXUIcGy_Ev-dSjL0Cc/view?usp=drivesdk

Purvanchal On Yamuna Expressway in Greater Noida. Approx 6 Kms away from Our project towards Delhi. Phase-1 Delivered. Rest Construction going. CURRENT RATES @ nearing Rs 6,000/- approx per Sqft on saleable basis.
https://www.99acres.com/purvanchal-royal-city-sector-chi-5-gr-noida-greater-noida-npxid-r10412

Gaur Yamuna City Yamuna E-way

Gaur Yamuna Expressway Unfurnished Studio Appartment prices scale to Rs. 9,000+ sq ft (Rs. 25 lacs for 275/-Sqft Studio)

https://gaursyamunacity.co.in/Lord-Krishna-Medlley/?gclid=CjwKCAjw0ZiiBhBKEiwA4PT9zzEy-3Wgf7Y9plW18aGHsmQTEzoC2Kqfi4HEC4miEPvanBioxL9T3RoC6sYQAvD_BwE

Price Advantage of about Rs 10lacs, through Society:

Please note that Phase-1 of our project is at finishing stage, with lift being stalled in this month & offer letter of possession is being proposed to issued shortly. Please further note that members prices for 3BHK + 1Servant + 4Toilets of having three Sizes of 1850 Sqft/1935 Sqft /2080 Sqft. Through Society membership members save about Rs10 lacs on a investment of about Rs 60-82 Lakhs.

1-2 BHK limited inventory available

Please note that today people are coming in droves to Yamuna for investments as reported in following press report:

In last 4 Years demand of Land Skyrocketed to create a record @ Yamuna Expressway-Courtesy Jewar Airport 

https://tricitytoday.com/amp/greater-noida/yamuna-authority-residential-plot-scheme-broke-all-records-effect-of-noida-airport-34089.html#

Please further note that the sale of 3BHK housing units has increased by 19% on a year-on-year basis, according to data accessed by PropEquity, a real estate data analytics firm. As many as 30,169 3BHK units were sold in the first quarter of 2021 while 25,307 units were sold in the first half of 2020, it said.

https://www.moneycontrol.com/news/business/real-estate/covid-19-impact-demand-for-3bhk-housing-units-on-the-rise-6940531.html
https://m.economictimes.com/industry/services/property-/-cstruction/sales-of-3-bhk-increase-by-19-across-top-7-cities-report/articleshow/83138309.cms

For any other queries please feel free to contact undersigned.

Warmly,

Saxena V M Varma R

Secretary  Treasurer

+91 9990623304    +91 7678480014

Petroleum Coal & Banking Executives Welfare Society 

Visit us at pcb.net.in

Dt 12.3.23

Categories
Area development

Rate increase in Tata Eureka Park @ Sector 150 Noida

Tata Eureka rates increased today 19/12/22 by approx Rs 500 psft
See Current Price list

Rate on 19/12/2022

https://1drv.ms/b/s!AsJ8D8u6lAiAgekeD8sxhe0QRmK7wA?e=qcrHqF

Rate on 26/09/2022

https://1drv.ms/b/s!AsJ8D8u6lAiAgeFe69XWEbR5CEewPw?e=MspQPm

Categories
Area development

Delhi-NCR emerges as second favourite home destination spot for NRIs | Check why Noida, Greater Noida, Gurugram witnessing increased homebuyer interest

Delhi-NCR emerges as second favourite home destination spot for NRIs: The findings of the recent CII-Anarock Consumer Sentiment Survey focusing on NRI sentiments towards real estate investments have yet again established their penchant for luxury homes.

While they differed in their views on choices of different investment locations, 63% of NRIs have voiced their interest in investing in property priced between Rs 90 lakh – Rs 1.5 crore. Hyderabad, NCR, and Bengaluru emerged as the first, second, and third destinations ranked by NRIs in the survey, which recorded the responses of 5,500 respondents. Of the participants, 22% of NRIs chose Hyderabad, 20% locked NCR, and 18% preferred Bengaluru.
 
Sharing his take on why NCR emerged as the second favourable destination by NRIs in the Anarock Survey, Amarjit Bakshi, CMD, Central Park, said, “The return of NCR as the second most favourable destination of NRI investment in real estate with more than 3/4th NRIs seeking bigger homes show how much homeownership sentiments with quality lifestyle have strengthened over the years in the region, especially Gurugram.”

“The depreciation of rupee has played out positively for NRI investors as most seek to diversify their wealth into the more favourable real estate sector as against stocks, FDs and gold. Apart from UHNIs & HNIs, who have an evident penchant for bigger homes with high-end amenities, world-class hospitality and close-to-nature living, NRIs too will be significant buyers of luxury properties in Gurugram as this global city has always been the foremost choice for investors as return on investment here is high,” he added. 

Depreciating value of rupee heightens interest of NRIs 

The survey attributed the heightened interest of NRIs to invest in their homelands to the depreciating value of the rupee and the consistently growing demand in residential realty, despite constant repo rate hikes. It was expected that demands in residential real estate would face a downturn owing to rising home loan interest rates. 
 
Talking about the prominence of the NCR region, which had seen a mix of private equity investments and NRI home investments, Ashwani Kumar, Pyramid Infratech, said, “The CII-Anarock survey reflecting that 20% of the NRI respondents plan to buy homes in NCR came at a time when another report showed that private equity investments had seen a spectacular increase in the real estate sector. Overall, it demonstrates the lucrativeness of the region and NRIs wanting to buy residences with long-term investment as their focal point is another new dimension and gives a broad view of how NCR is becoming a global real estate hotspot garnering interest from diverse emigrant groups.”

“On the other side, the emphasis on bolstering international connectivity and spearheading high-end infrastructural projects has opened enormous space and opportunities in residential and commercial real estate development,” he further noted. 

Also Read | Electoral Bond scheme: Donate to political parties to save on tax; SBI to begin sale on November 9 | Check issue date, tax benefits, limit and other details

Work-from-anywhere concept – One of the major reasons NRIs wanting to shift their base to India 

The work-from-anywhere concept, which is a pandemic-induced working structure, has contributed to NRIs wanting to shift their base to India. Most of them belong to the US, Canada, Gulf, Europe, and Asian countries as well.
 
Sharing similar views, Ashwinder R Singh, CEO residential Bhartiya Urban, said, “The NCR region has particularly aroused the interest of NRIs in the sphere of home investments. Two major cities of NCR, Noida and Greater Noida, have attracted significant NRI traction as both cities are being systematically planned and developed in a phased manner. The homes that fall in the price bracket of 1 Cr and downwards are up for sale in the property markets and prove to be a healthy, long-term investment for NRIs. A significant section of NRIs, which comprises of mid-income groups working in foreign countries like the UAE, are primarily investing in retirement homes as they plan to settle down in India at a later stage of their lives.”
 
The survey has also dug deeper into the psyche of NRIs, underlining factors of why they are choosing to invest in NCR and other cities. It has also corroborated and provided sufficient material to the mid-year research reports that NRIs will consist of a major portion who want to invest in ready-to-move-in luxury apartments, condominiums, and homes. 

Upcoming Jewar airport pushes land rates up in Noida, Greater Noida  

Amit Jain, Director, Mahagun Group, said, “Due to its smooth connectivity with National Capital, competent business growth opportunities, and infrastructural developments like the ongoing construction of Jewar Airport and the emergence of new hubs like New Noida and Sectors close to Noida-Greater Expressway gaining traction, there are multiple advantages which are attracting NRIs to invest in luxury homes in NCR. NRIs possess the income bandwidth to invest in luxury and ultra-luxury 4BHKs and 3BHKs, where they can plan a life post-retirement or choose to settle permanently with families as work-from-anywhere models get popular in the West and Arabian countries.”

Categories
Area development

Tata Eureka Sector 150 Noida Rates have increased by 16 % in last year

The Tata Eureka Housing project in Noida sector 150 adjoining Yamuna Eway and Greater Noida has had spectacular success. Not only have the bigger 3 BHK been sold out the rates have risen by 16% from July 21 and will further rise in Oct 22.
Attaching Tata price list and announcements for refrence to all prospective buyers.

Categories
Area development

Land price around the upcoming Jewar airport in Uttar Pradesh is rising sharply because of high demand among realtors, combined with low availability of land

Upcoming Jewar airport pushes Yamuna Expressway land rates up 38% in 3 years; highest in India 

Land price around the upcoming Jewar airport in Uttar Pradesh is rising sharply because of high demand among realtors, combined with low availability of land. 

Yamuna Expressway Industrial Development Authority (YEIDA) area or the destination of the upcoming Jewar airport near Noida in Uttar Pradesh is currently the most-in-demand in India and has registered 38 per cent rise in rates in three years, the highest in the country.  

A report released by real estate researchers Anarock on Thursday showed that the average prices of plots on Yamuna Expressway stood at Rs 1,600 per sq ft in 2019 but have now shot up to Rs 2,200 per sq ft.

“The sharp rise in prices of the YEIDA area is the result of the construction of the Jewar International Airport. Since the time when the project was announced, prices in the region have shot up around 30-40 per cent. This is the highest land price rise that a micro market has seen among all the top seven cities,” Santhosh Kumar, Vice Chairman, Anarock told Business Today. 

CEO of YEIDA and Noida International Airport Limited (NIAL) Arun Vir Singh told Business Today that the prevailing market rates of the land in YEIDA is much higher than the circle rates at which YEIDA is offering plots.  

“Our current circle rate for YEIDA is Rs 18,510 per sq m. The market rates for these plots, we have learned, is around Rs 25,000 to Rs 30,000 per sq m,” Singh said.

Kumar added, “Plotted land price witnessed a sharp rise over the pandemic years. The other reason for the sharp rise cited was the limited availability of land in the area as well. Additionally, the price hike is also the effect of a rise in circle rates.” 

https://www.businesstoday.in/real-estate/story/upcoming-jewar-airport-pushes-yamuna-expressway-land-rates-up-38-in-3-years-highest-in-india-342265-2022-07-21

Categories
Area development

Tata Reality confirmations of Best rates

Tata Housing Mailer for Indian Oil & ONGC Executives for example on best rate assurance.

Dear Mr. Saxena,

As discussed we are delighted to approve your proposal for exclusive corporate tie up with Indian Oil Corporation through you. We will give special price to IOC Staff under exclusive corporate offer.  Kindly arrange for corporate meetings and presentations at various ;locations of IOC Offices /Refineries for their staff.  

Looking forward for your support.

Warm Regards,

Kasib Khan

General Manager  – Sales & Marketing

TATA Realty & Infrastructure Ltd,

Regional Office – North India:

TRIL Commercial Centre,

Intellion Edge, Tower-A, First Floor,

Sector-72, Gurugram – 122101,

INDIA.                          

Web: www.tatarealty.in

Dear Mr. Saxena,

Greetings from Tata Realty. 

We are delighted to approve your proposal for exclusive corporate tie up with ONGC through you. We will give special price to ONGC Staff under exclusive corporate offer.  Kindly arrange for corporate meetings and presentations at various ;locations of ONGC Offices/ Explorations/ Basins for their staff.  

Looking forward for your support.

Warm Regards,

Kasib Khan

General Manager  – Sales & Marketing
TATA Realty & Infrastructure Ltd,
Regional Office – North India:
TRIL Commercial Centre,
Intellion Edge, Tower-A, First Floor,
Sector-72, Gurugram – 122101,
INDIA.                          

Categories
Area development

UP: 35-km long metro corridor connecting Greater Noida to Jewar International Airport to be built in two phases

The Delhi Metro Rail Corporation (DMRC) has submitted the Detailed Project Report (DPR) to the Yamuna Expressway Industrial Development Authority (YEIDA) for the Noida Metro-Noida International Airport at Jewar.

DMRC proposed the link metro from Knowledge Park-2 to Jewar Airport at the cost of Rs 5,329 crore.

The proposed metro rail line will be 35 km long with six stations and parallel to the Yamuna Expressway. This will benefit the people of Yamuna city along with Noida, Greater Noida and Delhi. 

In the project, 4.18 km of the line will be underground, while 31.26 km of elevated line will be built. About Rs 5329 crore will be spent on the project.

According to a report by Nav Bharat Times, DMRC estimates that this link metro rail line can be built in 1.5 years.

Also, YEIDA plans to build another link metro rail line between the upcoming Noida airport and the existing IGI airport in Delhi.

In September 2021, YEIDA signed a memorandum of understanding with DMRC to prepare a feasibility report for a metro corridor connecting Delhi’s Indira Gandhi International Airport to the upcoming Noida International Airport at Jewar.

Along with metro access to IGI Airport, Noida International Airport at Jewar will have a spur route to the Delhi-Mumbai Expressway.

https://www.dnaindia.com/india/report-35-km-long-metro-corridor-will-connect-greater-noida-to-jewar-airport-2977713