NRI appartments


NRI appartments

Details
Posted Date 2014-02-28 06:49:11
Posted by Broker
Property Type Apartment
Location Noida Expressway
City Noida
State Uttar Pradesh
Country India
Hospital 5.00
School 2.00
Railway 8.00
Airport 9.00
City Center 3.00
Price 235060080

contact no 9654126011

email abhishek@provantage.in

Description : In Jaypee Greens history while over 7 Billion dollars worth of real estate has been sold, this is the first time a project has been launched exclusively in NRI markets. This project is a nothing less than a "LOCATION SENSATION" Project Specific Unique Elements – That makes it a compelling investment • An Iconic 33 story tower that overlooks the sprawling Boomerang Club & set amidst of 18 hole golf course • Only One Exclusive Tower, offering 117* apartments. • Only Jaypee Project, where all apartments are facing 18 hole golf course. • Only tower in Jaypee Greens Wishtown with a clubhouse of its own, with in the Tower. • First project by Jaypee Group to be exclusively launched for NRIs, providing equal opportunity & transparency in pricing. • NRI tower welcome you with 12,000sqft* of lavish lobby with Club house. • Unique Petals formation tower which provides 3 side openness. • Special Payment Plan for NRI’s Comparative Analysis 1) ATS Village a complete property is selling with Rs 9500 – Rs 10,000 per Sq.ft. This is a 10 year old property. A High Density project with 25 towers. 2) Benchmarked price of a similar project in Gurgaon is approximately Rs 16,000 per sq.ft NRI Tower – Better location then ATS | Limited supply. An NRI exclusive. Views to 18 hole golf course. Better capital efficiency as you will be paying in 4 years. Macro Level take on Indian Property Market A) Delhi NCR property market is bit slow due to two election and every analyst is predicting to see momentum post election. Hence the reason NRI Tower is still offered at a reasonable price B) Project will take easy 48 months to complete. In a typical high capital growth market it is advisable to invest in a project with longer completion time as the rental yields are low. C) Inflation close to 10% and GDP growth of close to 4- 5 %. NRI investors can expect a nominal growth of 14% CAGR Micro Level Factors That make it a compelling proposition a) 90% of the Residential supply on the Noida Greater Noida Expressway has been launched and sold b) Noida Population is growing faster than the anticipated government rate. There is exodus from surrounding NCR pockets