Major Residential Launches: 4 Premium Projects Coming to Greater Noida & NCR

Four Big Builders Launch New Homes in Greater Noida: Upcoming Residential Projects in Noida

The Greater Noida property market is currently abuzz. Four large developers are also getting ready to launch top-quality residential projects soon. These include established brands like Sobha and Godrej. They also include renowned developers Count Group and Prestige.

Firstly, these builders spent over ₹1,000 crores buying land. This shows they trust the area will grow. Also, the builders of upcoming residential projects in Noida offer different things. For example, Sobha makes top-quality homes. Prestige, on the other hand, proposes to build a mega township. Thus, buyers have many choices.

What Each Builder Offers in New Projects Greater Noida

1. Sobha Realty - Sector 36

Key facts:

• Sector: 36, Greater Noida

• Size of Land: 3.5 acres

• Configuration: 2 to 5 BHK

• Towers: 2 high-rise towers (G + 38 stories each)

• The land price: Rs.161.7 crore

• Connectivity: 3 km from Pari Chowk, 4.5 km from the Yamuna expressway, 20-25 min from Noida International Airport.

• Launch Time: 30-40 day (hard-date of take following RERA approval)

The project is a boon for Greater Noida real estate. This project is spread over a land area of 3.5 acres. Plus, it has great links to the city. It offers flats from 2 to 5 bedrooms. There are two towers. Each tower has 39 floors. People can reach Pari Chowk in 3 km. Also, Noida Airport is just 20-25 minutes away.

2. Godrej Properties - Sector 12

What they offer:

• Site: Sector 12, West Greater Noida

• Site Area: 32,250 sq. mt. (3.22 Hectares)

• Configuration: 2, 3, and 4 BHK apartments

• Land Price: 442 crores (128 percent premium against reserve price)

• Nearby Projects: Next to Civitech Strings, surrounded by Sikka and Vidya Bala

• Launch Timeline: Within 2 months

• Key Change: Moved from franchise-based to company-owned projects

The project will consist mostly of 3- and 4-bedroom flats. However, some 2-bedroom units will also be there. Godrej made a big change. They moved from franchise projects to their own projects. This, in turn, translates to better quality and timely delivery. In the following section, let’s discuss about upcoming projects in ghaziabad.

3. Count Group—Wave City

Project details:

• Location: Wave City, Sector 6, Ghaziabad

• Land Area: 13.5 acres

• Total Units: Approximately 1,100 residential units

• Configuration: 3 to 5 BHK Flat in Ghaziabad

• Prices Before Launch: Rs. 9,500 to Rs. 11,500 per sq. ft (First 300 units)

• Launch Timeline: April end 2024

• Reputation: Known for superior build quality and premium amenities

Furthermore, Count Group enjoys a good reputation over the decades. They're known for good building quality. They offer premium club facilities. As a result, they always deliver luxury homes.

4. Prestige Group—Siddharth Vihar

What makes this property in ghaziabad special:

• Location: Siddhartha Vihar

• Land use: 62.5 acres

• Total Units: 4000 units in 23 high-rise towers

• Tower height: 41-50 floors per tower

• Configuration: 2 BHK to 6 BHK (and duplexes too as well as penthouses)

• Construction Partner: L&T

• Structural designer: Hafiz builder

• Estimated Cost: Approximately 12,000 per square feet ( early bird )

• Launch dates: April- May 2024

At first, the project faced some RERA delays. However, Prestige has fixed the issues. Then, they sent documents for approval again. The project comprises 2- to 6-bedroom homes. L&T will handle building work. Also, Hafeez Contractor designed it.

Market Positioning and Investment Potential

These four big projects show builders trust this market. Greater Noida Real Estate market is growing fast. Many things are driving this growth.

First, new roads and metros are making the area better. The connectivity will be so improved with the new Noida Airport. Second, the growing metro makes travel easier. Third, more companies are opening offices here. As a result, this creates demand for homes.

Each project offers different benefits. For instance, Sobha caters to those buyers who are looking for premium finishes. Similarly, Godrej gives brand trust with smart location benefits. And Count Group provides luxury living in the vicinity of Wave City. Lastly, Prestige delivers complete township facilities at a large scale.

Investment Chances

Investment prospects vary across projects. First, Prestige offers the highest growth potential due to its township size. Next, Godrej has good resale value along with brand value. Next, Count Group has good capital appreciation appearing under the growth corridor of Wave City. Lastly, Sobha ensures value retention through premium positioning.

The launches are spread over the next few months. First, Sobha is launching. Then, Godrej follows close behind. After that, Count Group and Prestige are targeting April to May 2024 launches. However, these depend on pending RERA approvals.

Smart Home Buying Tips

Before buying, check RERA registration status. Most projects still need regulatory approvals. Thus, this check is crucial for protecting your investment.

Next, do a complete money analysis of payment plans and building timelines. Also, see locations at other times of the day. This helps you check connectivity and infrastructure.

Builder track records vary across these projects. For example, Sobha brings proven quality standards from UAE markets. Meanwhile, Godrej is moving to improved project management models. Similarly, Count Group has strong local market credibility. Lastly, Prestige offers established township development expertise despite recent regulatory challenges.

Market Timing and Strategic Considerations

The current market presents a unique opportunity. And there are several premium projects launching at once. As a result, this could create competitive pricing advantages for early buyers. But buyers should proceed with caution on delivery timelines.

Infrastructure development pace will greatly impact project success. Among the vital factors are metro connectivity, airport expansion, and road network. Also, the region's growing corporate presence supports long-term growth potential. In addition, better connectivity to Delhi and other NCR areas adds value.

Conclusion 

The entry of these four major builders marks a turning point for Greater Noida's real estate scene. Having invested more than 1000 crores on land itself, this is a major sign of taking the future of the region seriously. Moreover, every builder is introducing some special forces.

Meanwhile, the timing is perfect for home buyers. Multiple options mean better deals. Moreover, competition among builders often leads to improved amenities and pricing. The infrastructure boom, including the upcoming airport, makes this area very attractive.

However, smart buyers should act fast but carefully. First, do your homework on each project. Next, check all legal papers. Then, visit the sites yourself. Lastly, do a price comparison and features on all four of the projects.

Greater Noida will take on a new Skyline with such a wave of premium developments. There are also new benchmarks of quality and design. The area is turning out to be a significant residential center in NCR. Therefore, these launches could be your chance to be part of this growth story.