All of this makes the new launch residential projects in Noida Extension very popular among end-users and investors alike. However, with a new launch project comes the element of confusion too. Which new launch project is worth the investment and why? How does one differentiate between a competent developer and an impressive brochure? What all needs to be considered before making the booking?
This guide talks about all of these.
This place used to be an open land a decade ago with only a few initial societies here. Now, there is a well-developed road network, schools, hospitals, retail zones, and thousands of inhabitants living in this place. Here is what attracts the buyers again and again:
More for your investment. When compared to Noida sectors, the flats in Noida Extension have larger carpet areas with more facilities at a cheaper rate. You can get the best 3 BHK at a very feasible price in the current market of NCR.
Well planned surroundings. Due to large road network and plots, you can have all the necessary facilities such as landscaping, clubhouse and other open spaces.
Improved infrastructure. As the name suggests, educational institutions, hospitals, shopping malls, daily requirements markets keep on improving continuously. Moreover, the metro rail plan of Greater Noida West is on process, so make sure that you should check the recent updates of the authorities.
Demand of end-user and investors. In this part of Noida, families look for a larger space with moderate price while investors prefer to invest in developed NCR areas due to their increasing value.
New launch purchases are early-stage purchases hence need more due diligence compared to moveable flats. Here is a brief checklist.
Of all the new launches in Noida Extension, Renox Thrive by Renox Group is garnering quite a lot of interest because it meets many criteria on our list.
In Sector 10, Greater Noida West, the luxury apartments come in 3 and 4 BHK configurations with low density. The launch is 100% Vastu-compliant; it is an IGBC Green project and is situated in a three-side open plot. The four towers have separate entries each, and the homes overlook a green belt giving it a more serene environment than other congested societies in the vicinity.
According to the information available at the official website of Renox Group:
3 BHK apartments: starting from ₹1.42 Cr* onwards, about 1,582 sq. ft. (super area)
(*Please note that prices may vary and are indicative only. Kindly contact the team at Renox Group for details.)
The floor plans available in Towers A, B1, B2, and C have diverse configurations, allowing you to choose a layout that works for you depending on your requirements.
It is here that many potential buyers make up their minds. Renox Thrive has earthquake-resistant Mivan construction according to IS standards, and a double height entrance lobby for each tower. Reputed lift brands including Schindler, Mitsubishi, or their equivalents have been planned for installation in each of the towers. The apartment will feature 3,600 mm ceiling height that makes spaces look brighter and spacious along with the digital vitrified tiles flooring and wooden flooring in the master bedroom.
A great society is supposed to ease your life rather than just provide good pictures in a booklet. The facilities that come in Renox Thrive are:
Everything for your whole family, from small kids to office-goers to grandparents who like an evening stroll.
The Renox Thrive is located around 5.7 km from Gaur Chowk and it takes around 15 minutes driving to reach NH-24, according to the website. Hospitals like Shakuntalam Hospital (Gaur City) are around 9 km from here, while schools like NS Public School are closer to you via a shorter drive. Fortis Hospital Sector 62 and Sector 52 metro station take more time to reach. As it happens with any other property, try visiting the place yourself and see how traffic would be during your peak hour driving.
A new launch means paying now for what you will get later in the future; thus, the developer’s reputation comes along with what you purchase. Renox Group is an experienced developer in the Delhi NCR market, having completed several projects such as Lotus Parkk, Lotus Villas, and Lotus Srishti. According to the group, about 95% of their projects have been delivered on time. This is exactly the delivery reputation one needs to consider while purchasing an apartment from the company. This delivery reputation can easily be confirmed by taking a trip to one of their old projects and discussing with the residents.
People who have upgraded from a 2 BHK home. If you feel that you are cramped up in your existing home, a new home at 3 or 4 BHKs will give you the needed space in a budget which cannot be matched if you were to go for a home around central Noida.
First-time home buyers. Usually, new launches have better payment options. Make sure to use an EMI calculator and see if you are eligible for home loans before taking the plunge.
Investors. Entry in early stages always comes cheaper than going for homes near possession, but remember, the appreciation will not come automatically, but needs careful analysis of each project individually.
NRI families who wish to buy a home in NCR. You are always assured of security when you buy a RERA-compliant project from a reputed builder.
The process of searching for the right launch project in Noida Extension is not about getting the cheapest deal or the most advertised one. It depends on the reliability of the developer, good construction, proper planning and a convenient location. All these qualities are found in the project called Renox Thrive, which means that you should definitely give it some thought when compiling your shortlist.
Should you want to get an insight into the project, you are welcome to arrange a site visit via Renox Group and clarify everything in person by contacting +91-9599755510 or renoxgroup.com.