Leaving behind the dark phase of controversies and problems in the past, Noida Extension or Greater Noida (West) is fast moving towards the progress. A visit into the area makes it clear that almost 80-90 percent of projects are on the verge of completion and they will be delivered within a year. Most of the projects have their superstructure ready.
The area in the Gaur City has become already habitable as thousands of people have already started living. The area, currently, is the most happening place in the Noida Extension. The number of soft launch or newly launched properties is quite rare in the area. Selecting the right property is nothing less than challenge. There are more than 400 builders in the area and each of them is selling their projects as a luxury, which is the most abused word in the real state.
Honestly, there are a very few luxury segment projects in Greater Noida (West) such as newly launched Gaur Saundaryam and RG Luxury. Most other projects are medium category projects. We have tried to pick top 5 projects in Noida Extension based on various metrics. However, real estate investment returns depends largely on broad parameters such as location, connectivity and overall developmental planning in the area.
Noida Extension is primarily an end user market. It can be compared with other investment destinations such as NH24. Let’s see the price trends in Noida Extension:
Price trends in NH24 Highway
It’s very much clear that prices have appreciated in the Noida Extension much faster than NH24. The reason is its better connectivity with Noida, Greater Noida, Expressway and Ghaziabad.
|1||Close proximity with NOIDA City center|
|2||Two metro stations in area|
|3||Better connectivity with Noida|
|4||The price gap between Noida and Noida extension will narrow|
|5||Better urban planning|
Top 6 Projects in Noida Extension (Greater Noida West)
|Gaur City||Most developed. Some flats have issues related to seepage so check before buying|
|Gaur Saundaryam||Very good project on paper, good spacing between towers which is rare in Noida Extension|
|RG Luxury||Very good project, good spacing between towers|
|Gulshan Bellina||Very good construction quality, customer friendly builder, gives timely delivery and price appreciation in Gulshan’s project has always been very good.|
|Stellar Jeevan||Very good construction quality, good builder reputation and timely possession|
|Ajnara Homes||Builder reputation is good, good construction quality|
|Note||Ranking does not mean one is superior or inferior to other. These are just to provide an overall idea about different projects.|
There can’t be a black and white answer about the best project in an area. One needs to consider various factors before making the final decision. Above discussion will certainly be helpful in clearing doubts related to investment in the area.