Expected to be completed in 2016-17, these projects are strategically located and many are by Category A developers .
Looking for an apartment priced below Rs 50 lakh in Noida with good amenities and connectivity, strategic location and even some luxuries thrown in?
According to HappyKeys data, there are no less than 18 projects at various levels of development that offer 2BHKs and even 3BHKs below the Rs 50-lakh price tag. Expected to be completed in 2016-17, these projects are strategically located and often form a part of a bigger project. And many are by Category A developers. Some of the projects within the said budget include Supertech Ramona and Eco Village-4, Gaur City 1st, 4th and 6th Avenues, Sikka Karnam and Karmic Greens and Paramount Emotions.
The 2BHK options
For a budget below Rs 50 lakh, one can get a 2BHK unit of sizes varying from about 950-1,200 square feet in sectors 76-78, 118, 119, 116C, 120 and 143B and 144. Prices vary from about Rs 34 lakh to around Rs 47 lakh. The expected possession is generally within 2016-17.
The 3BHK offerings
There are also several developers who are offering 3BHKs in the less than Rs 50 lakh category as part of their projects.
Broadly, the 3BHKs within this budget come with a unit size of around 1,175-1,300 square feet. The price range Rs 42-49 lakh. The expected possession is by 2016-end or 2017.
Basic facilities offered in these projects include yoga and meditation centre, intercom facility, maintenance staff, parks and play areas for children, healthcare facilities and landscaped gardens. Lifestyle amenities available in several targeted projects include theme constructions, clubhouses, butterfly parks, and a couple of swimming pools per project.
Getting the most for the price
“When you are on a short budget and are looking to get the maximum out of your investment, it is best to choose an apartment that is part of a luxury project to get access to all the lifestyle amenities,” says PrakashVeer of Maztra Property Advisers. “Alternatively, one can opt for a Category B developer who provides larger built-up area per apartment.”
Experts believe it is a good time to buy a property in Noida. With the upcoming festival season, developers are ready to negotiate on price between 5-10 per cent and offer other freebies such as modular kitchen and wooden flooring.