Your af­ford­able choices in the heart of Noida

Three lakh apart­ments are likely to come up in Greater Noida West by the end of 2018

HT Estates - - FRONT PAGE - Van­dana Ram­nani

First-time home­buy­ers who in­vested in Noida Ex­ten­sion, now called Greater Noida West, way back in 2009 -2010 at af­ford­able price points of ₹ 1,800 per sq ft to ₹ 2,200 per sq ft have been a brave lot. For many of them who moved into their new homes later, it has been a test of pa­tience be­cause of de­lays of al­most one-and-a-half years due to land ac­qui­si­tion issues and other prob­lems. How­ever, all’s well that ends well.

To­day, over 3,000 fam­i­lies have moved into projects lo­cated in the area that is well con­nected to both NH24 and Noida, and as many as 50,000 are ex­pected to come in by the end of this year as pos­ses­sions come through. By the end of 2018, the area will have some three lakh apart­ments. In­ter­est­ingly, while new launches have al­most dwin­dled, some re­puted de­vel­op­ers this year are likely to launch new projects in the mid -seg­ment, with some go­ing in for larger unit sizes and bet­ter spec­i­fi­ca­tions to rope in buy­ers.

Cherry County by ABA Corp has 1,793 units in the area, of which 1,240 will be de­liv­ered for pos­ses­sion next month. “We ex­pect to get the com­ple­tion cer­tifi­cate within a week’s time,” says Amit Modi, director, ABA Corp and vice pres­i­dent, Credai west­ern UP. “We will be launch­ing an­other pro­ject called Coco County in Au­gust this year. It will have 900 apart­ments spread over five acres. The lo­ca­tion is Sec­tor 10, Greater Noida West, and the price point will be about ₹ 3,500 per sq ft.”

Gaur­sons has also launched 5,000 new apart­ments in the area. “Even in a dull mar­ket, 800 units have been booked,” says

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