If you are looking for 3 BHK flats in Greater Noida West, then you are definitely not alone. In the last ten years, this area of the Delhi NCR region has developed from being just another developing zone to being one of the most sought-after residential areas in the country for family accommodation.
This guide highlights why 3 BHK flats are perfect for this region, things to be kept in mind before buying these apartments, financial planning for purchasing these apartments and how Renox Group has designed their houses accordingly.
Greater Noida West, or simply Noida Extension, is a vast planned area that has many societies, retail centers, schools, and healthcare facilities in its composition. Here are reasons why home buyers keep preferring it.
1. Better space value for money. The average carpet area available in Greater Noida West as well as surrounding green spaces usually exceed those available in central sectors of Noida or in Delhi. It is especially important for buyers of 3 BHK apartments.
2. Improved connectivity. Greater Noida West is connected to Noida, Greater Noida, Ghaziabad and Delhi via major roads, and also is in close proximity to Noida-Greater Noida Expressway and Aqua Line metro corridor. Further development of the region will be marked by the metro line extensions and construction of Noida International Airport in Jewar. Always make sure about the current status of infrastructure projects.
3. Growing social environment. There are an increasing number of schools, hospitals, retail centers, and markets, so you do not have to choose between convenience and living space.
4. End user and investor demand. People are looking to reside in the area, and the demand from tenants is quite high as well.
3 BHK flats serve as the ideal choice for Indian families for some good reasons.
Space for expanding families: There will be a master bedroom, children’s bedroom, and an additional room that can be used by parents or guest.
Flexibility for work from home: Third room can be used as a study.
High demand on the resale and rent market: As per the NCR market, 3 BHK is one of the highest searched property types, thus they will fetch quick buyers and renters.
Luxury space at affordable prices: You get ample living, dining, and balcony area without opting for an expensive 4 BHK flat.
In case you are looking to stay for long periods of time, then 3 BHK can also cater to your requirements.
All projects are not equal. These points will help you narrow down your options.
1. Developer Reputability and History of Project Completion
It is one of the most crucial aspects. Verify how many projects the builder has built so far along with the time frame and feedback from previous customers. Renox Group, for instance, is an experienced developer having completed projects like Lotus Parkk, Lotus Srishti, and Lotus Villas. Never forget to visit a delivered project.
2. RERA Registration
Make sure that the project is registered in the name of UP RERA. The projects listed in the portal provide more transparency with regard to timelines, approvals, and protection of buyers.
3. Floor Plans and Vastu Compatibility
An ideal 3 BHK must have cross ventilation, good sunlight, a practical kitchen design, and no wasted area in the form of corridors.
4. Facilities Which You Really Need
Look beyond marketing literature. Useful facilities could be a clubhouse, a gym, kids play area, well-landscaped green spaces, and regular electricity and water supply. Find out how the facility management and security systems will be operated post-possession.
5. Location & Social Facilities
Find out the proximity of educational institutions, hospitals, shopping malls, and your work place. Make sure you visit during off-times and during rush hour time too.
6. Status of the Construction & Possession Period
Make up your mind about what you want – whether you want an under construction project or a ready-to-move house. The under construction projects can provide you very good deals while ready-to-move projects give you instant possession.
While searching for 3 BHK properties in Noida Extension, one name that you need to consider is Renox Thrive, an offering from Renox Group. Renox Thrive offers 3 & 4 BHK apartments in Noida Extension. The project is aimed at those who desire spaciousness, convenience, and well-maintained community.
Here is a list of features that Renox Group boasts about its residential projects:
The company behind Renox Thrive is Renox Group headed by Shailendra Sharma (Chairman & MD). Building trust and creating landmarks is the philosophy of the company and it has over a decade long experience in delivering premium quality construction with timely execution and effective communication. When you have to make one of the most expensive purchases of your life, such a philosophy surely counts!
For more information about availability, plans, and prices, visit the project website or dial +91-9599755510.
Price depends on the builder, phase of the project, floor, carpet area, and facilities available. Rather than going by arbitrary averages listed on some sites, get quotes from each builder including the following in the price list:
Basic sale price (BSP)
Preference location charge (PLC), if any
Club and parking facility charge
Maintenance charge and other charges
GST, stamp duty, and registration charges
A comparison based on the total package price will be much more realistic than a comparison of only per square foot prices. To know current prices of Renox Thrive, please contact the sales office.
Since most people opt for home loans, you should budget yourself before taking the plunge.
Calculate the monthly payment using an EMI calculator that suits your income level. This facility is available at Renox Group through a free EMI Calculator and a Home Loans page.
Be aware of the tax benefits. The payments of the principal and interest of your home loan can be eligible for deductions under applicable tax laws. Check out the Tax Benefits page and consult your tax professional.
Be prepared with a buffer. Set aside some money for your registration charges, interiors, furnishings, and moving expenses.
Evaluate payment plans. Plan construction-wise payments can ease financial stress.
Yes, in terms of its large sized units at reasonable prices, planned societies, infrastructure development and demand in the renting & resale market. As always, the key factors remain the reliability of the builder and legality of the project.
Yes. While “Noida Extension” was the popular nomenclature earlier, now Greater Noida West has become the common nomenclature.
Ready to move homes give you immediate possession of the property without taking any construction risk. In contrast, under construction homes generally have low entry prices and flexible payment options.
Yes. Renox Thrive provides 3 and 4 BHK apartments in Noida Extension. The list of Renox Group’s completed projects includes 3 BHK flats in Lotus Parkk and Lotus Srishti.
Search the name or registration number of the project on the UP RERA website. Always cross check the information yourself before paying any booking amount.