Noida is a well-planned city known for its high-end commercial and residential projects. As the infrastructural developments take shape, the city is becoming a magnet for many multinational and global companies.
Moreover, the new Noida International Airport has also fueled growth and increased demand for residential projects in Noida. Noida is one of the top real estate destinations with high long-term returns, given the infrastructure and quality of life it has to offer.
Noida offers an affordable lifestyle in comparison to Delhi or Gurgaon. There are many under-construction residential projects to invest in the city if you are looking for a place to call home. If you invest in an under-construction residential property at Noida Expressway or Central Noida region, you are in for high returns and value appreciation.
Before knowing about the projects, let’s know why you should consider investing in an under-construction property in Noida.
Top 5 reasons to invest in an under-construction property in Noida
- Lower Prices- A possession-ready property and an under-construction property can differ in price by anywhere from 10% to 30%. As long as the builder, location, property type, and area are all the same.
Even if you would have to wait to move into or start renting out your new home, the savings will undoubtedly make the wait worthwhile.
- Increased Price Appreciation- A property’s price rises in pace with its construction. Additionally, during this time, a property’s worth is increased by the growth of the surrounding infrastructure.
For this reason, it makes sense to purchase a property as soon as it is available.
- Payment Flexibility- If the property is ready-to-move-in, the buyer must pay the whole price at once or in a short period of time. But there is far greater payment flexibility when it comes to a property that is still under development.
A buyer can reserve a property by paying a small down payment and paying the remaining balance comfortably over an extended period (until the building is finished).
- New Construction – When a property under construction is finished, you move into a brand-new, long-lasting home with no maintenance issues.
You also get to use the newest facilities and amenities in the market.
- Offers & Discounts – There are hardly any offers on ready-to-move-in properties as they are available for immediate possession. On the other hand, you can easily find a variety of schemes and plans on under-construction residential property at Noida Expressway.
Promising Projects in Noida’s Prime Areas
1- Eldeco Live By The Greens
Sector 150 is one of the most preferred sectors to invest in Noida. Eldeco Live by the Greens is a premium residential project in Sector 150, Noida that offers its residents a new way of living.
This premium project is designed to give you and your loved ones the maximum comfort, luxury, entertainment, pampering or green surroundings. The massive project offers many sports and recreational facilities, with all modern amenities, and mesmerising river views.
The world-class amenities included in this under-construction residential property at Noida Expressway are Cric Kingdom Cricket Academy by Rohit Sharma, grand clubhouse, swimming pool, gymnasium and amphitheatre.
2- M3M The Cullinan
The Cullinan by M3M is a well-designed residential project in Sector 94, Noida. M3M The Cullinan offers 3, 4 and 5 BHK apartments with modern amenities to maximise air circulation and natural light. The high-end amenities offered are landscaped gardens, high-street retail, jogging tracks, mini theatre, theme gardens and fitness centre.
Sector 94 is considered to be one of the premium residential localities in Noida as it is close to commercial hubs like Advant Navis Business Park and ETT. The Cullinan is an under-construction residential property at Noida Expressway that allows you to experience the highest notes of life. It is 0 km from South Delhi and also boasts a 9 hole executive golf course and lavish triple-height entrance lobby.
3- ACE Starlit
Ace Starlit in Sector 152 is a low-density residential project with 3 side open views of the city’s skyline. The premium residential project has 5 towers each with its own dedicated recreational zone and privacy of no units facing each other. Additionally, it also has a grand retail hub with 34+ unique lifestyle experiences for luxury living.
The project is easily accessible through Noida-Greater Noida Expressway and Yamuna Expressway. Sector 152 offers easy access to business centres located in Sector-153, 142, 135 and 132.
The high-end amenities that make a premium lifestyle are sun deck, multipurpose court, amphitheatre, yoga/meditation area, rainwater harvesting, club house, gymnasium and efficient waste management system.
This under-construction residential property at Noida, Sector 152 is along the Noida Expressway with smooth access to the Yamuna Expressway.
Over the years, Noida has turned into a hotspot for real estate investments due to its rapidly growing infrastructure. It has shown immense growth in terms of commercial hubs, hospitals, corporate hubs, and educational institutions.
If you decide to invest in residential properties in Noida, you will get high returns on investments as the city progresses in the coming years.