A Brief Note On Noida Real Estate Scenario

Known to be the largest planned industrial township of Asia, Noida witnesses an ever expanding real estate market. The town is an emerging destination for foreign direct investments. The projected development of civil society has initiated rapid construction of state-of-the-art housing and commercial complexes in the city.

Due to the sealing drive against the unauthorized establishment of commercial businesses in Delhi, Noida authority has sold around 304.5 acre plots worth Rs 2,557 crore to five of the top notch real estate developers. The following are some information on the latest activities in the Noida real estate arena.

Noida Real Estate Scenario

The plots that are alloted to the five developers by the Noida development authority are in sectors 112, 113, 115, 116, 117 and 118. Unitech has been alloted with two plots 71 and 54 acres at the cost of Rs 1,050 crore. For 72 acres, Parsvnath Developers has paid a sum of Rs 602 crores, Omaxe has paid Rs 307 core for 37 acres, Ambience has paid Rs 323 crore for 37.5 acres and IVCRL has paid Rs 274 crore for 33 acres.

According to Rakesh Bahadur, chairman Noida Authority, the demand for office and commercial spaces in Noida. MNCs and big corporate houses are gradually expanding their bases in the city.

According to real estate experts, the insufficient availability of land in Delhi has caused the development of real estate in the suburbs. Noida scores over all other suburbs like Gurgaon and Faridabad due to the advantage of better connectivity. Noida is well connected to Delhi through the toll bridge and the expressways.

Not only good connectivity, the well developed social infrastructure of the city is far better than the rest of NCR. Hence, the future prospects of Noida are really fine.

The price for residential real estate in the newly developed areas varies from Rs 25,000 per sq m to Rs 50,000 per sq m, while the reserved parking for grouped housing is Rs 3,000 to Rs 4,000 per sq ft. while the price ranges from Rs 50,000 to Rs 75,000 per sq yrd. in case of commercial spaces.

With the completion of the Taj Express Way by 2013, the real estate prices are estimated to be increasing even further.

Prateek Wisteria A Luxurious Homes with Greenery

Prateek Group is an association who deals in various facets of the properties was initiated by Mr. Prashant Tiwari having futuristic idea. In minorextent of time he has put on his all the efforts to make this group as a reputed and well known group in Real estate market. Prateek group is one of the most favoured real estate corporations in NCR. They are well known group as per the eminence and the facilities delivered.

Prateek Wisteria is the new project of Prateek group which is a result of well-thought-out architectural assembly. Prateek Wisteria is the on-going project which is making worthy investment in the NCR region. Prateek Group is acknowledged to be a Trademark in the Noida and nearby sections. This project is allied with the thousands of the folks who are pleased to be the customers of this project.

Prateek Wisteria offers the housing related to the properties like apartments and flats. The location of this project is in sector-77, Noida. The accommodations are fully furnished with modular instances like bedroom, kitchen and lobbies. The terrestrial has been allotted by the Noida Authority. There is highlighted entry at the numerous points.

Foremost fact which attracts the clients to this project is the optimum utilisation of the space within the well-appointed apartments. The locality is appears to be the soul of Noida. The connectivity to the numerous neighbouring areas is at its best level. The project planning for the Wisteria project is based on LOW DENSITY concept. WISTERIA is linked with the expressway and FNG highway which contributes the excellent access.

Prateek Wisteria proposals the different property constituents like 2bhk and 3 bhk with different size specification with in the price array of Rs. 51.57 lacs to Rs.1.14 crores, which is very much equitable as per the facilities and amenities specified. The property is handled by the globally prominent brand so-called as JONES LANG LASALLE MEGHRAJ.

Several real estate enterprises are gaining the revenues with this group since the statistic is that more and more people are ready to capitalize into wisteria Project of PRATEEK group. Hence Real estate agents are proposing the finest deals to fascinate the clients. The amenities perceived in this project is never realized formerly as per the accessibilities like departmental stores, Bank, ATMs, hospitality and shopping multiplexes all are nearby and likewise the security features like centralized system, CCTV cameras and intercom Facilities. These all services support this project to be trustworthy, flexible and adaptable. Indoor and outdoor activities are also present to make this project more and more flexible.

PRATEEK GROUP is a well-organized group and known for its on time delivery of all the projects. Prateek Wisteria is example of the principles on which Prateek Group is based upon. In NCR region peoples are referring WISTERIA Project for the housing related properties and for making the investment who are concerned with certain kind of investment plans.

Source:http://goarticles.com/article/Prateek-Wisteria-A-Luxurious-Homes-With-Greenery/7938242/