The picture of perfect life that’s
often printed across adverts of ongoing (residential) real estate projects and
new launches is actually the most widely seen dream by the majority. Everyone who is salaried and has limited
means of income longingly dreams of owning a spacious house in a posh society;
having plenty of verdant open space around; with all the modern amenities and
facilities within the complex; yet all of it within an affordable budget and
without having to move away from the main city. The hopes are many more, like
easy connectivity, job opportunities round the corner, and conveniences like
school, hospital, malls and recreational spots at close distance. As a result,
property hunt takes many with modest means to explore residential projects in Great
Noida West.
Why is Great Noida West a good option?
Among all the property sites in Noida and surrounding
areas, Greater Noida West happens to extend the most affordable of residential options
in the vicinity. Not only are the land rates within range, the projects under
construction promise amenities at par with any other project. There are at
least 75 various real estate developers operating in the area and as many as
2.5 lakh residential apartments are getting ready for allotment in near future.
No surprises, the local development authorities are also inclined to provide
the basic infrastructure comprising of water, electricity, metro connectivity,
and roads etc. to the area on early basis, as people may need it sooner than
later. The locality is better planned as it has been conceived upon taking
lessons from the fall-outs of Gurgaon. Moreover, there are a few real estate
developers working in the area who are members CREDAI and as such they are more
trustworthy for delivering quality along with quantity.
Parameters to look out for while
comparing projects
Among the multitudes of projects that
are under way in erstwhile Noida Extension, now better known as Greater Noida
West, there are a few projects that you may consider with more emphasis than
the others.
Barely getting impressed with the pictures
on their adverts should not be the criterion to choose between residential
projects. After you have found the site, the site plan, the floor layout and
the costing etc. favorable, it is important that you study further into the
project. You must find out who is funding the project. How is the track record
of the development company? What is the loading percentage on offer? You must
also carefully go through all the additional highlights of each project rather
than assume that certain amenities must be there.
A project funded by a financially
stable group ensures that the developer will not compromise on quality in the
chase of booking more profits. Moreover, a real estate company who is a member
of Confederation of Real Estate Developers' Associations of India (CREDAI) has
further pressure to match with the standards of quality as laid down by the
authority.
In the end, all the residential
projects in the market are up to fishing for prospective buyers and more or
less using similar baits. It is for you to be more inquisitive and go ahead for
a project only after thorough inspection.
This comment has been removed by the author.
ReplyDelete