Real Estate News

  • Home
  • Real Estate News
The Biggest Relief Noida Extension Resident Metro Is Coming .

The Biggest Relief Noida Extension Resident Metro Is ComingWhen it comes to buying a residential house, many people become skeptical and take a lot of time to decide where to invest and what is the ROI of that property. So if you want to buy a residential property than 3 types of options are available to you, I.e., Newly launched, Under construction and ready-to-move-in apartments depending on the budget.

Newly launched apartments have cost low but takes a lot of time for giving possession say 4-5 years. And Under construction takes 2-3 years for giving possession on the other hand ready-to-move-in apartments cost high but gives possession after a few months, so it saves your EMI or rental you have already paid for your house in which you are residing.

If you go for under construction or ready-to-move-in apartment than Mahagun Mywoods is a good option for you, as it has both options under construction and ready-to-move-in at an affordable price. Mahagun Mywoods located in Sector 16C Noida Extension, (Greater Noida West) and offers 2,3 and 4 BHK apartments in sizes varying between 935 sq ft to 1810 sq ft. and price starting from 35 lacs to 77 lacs* including Single Covered Car Parking Space, Modular Kitchen, Power backup (1 KVA ), Club Membership and Lease Rent without any extra cost. It also has a clubhouse and other amenities which is a useful thing nowadays. If you want to know more about this property than you can visit http://bit.ly/36E8VOc

 

Hope this will help you to decide which property you have to buy. Thanks

December 17, 2019 / by / in , , , , , ,
NBCC needs 8500 crore to complete Amrapali Projects

According to proposal submitted by NBCC (National Buildings Construction Corporation Ltd) in Supreme Court, it will require about 8500 crore to complete 46,575 unfurnished flats and will take about three years to do so. The cost includes NBCC fee of about 774 crore. While selling off unsold flats can generate money to the tune of Rs 4,885 crore, the remaining Rs 3,853 crore would have to be raised to meet the total amount required to complete the flats left unfinished by Amrapali builders.

According to affidavit previously filed by Amrapali, it was informed that Rs 5220 crore are needed to complete all these projects. The major difference in the estimate cost of NBCC and Amrapali is in the completion of Leisure Valley Rs 500 crore approx. and Golf Home Rs 700 crore approx. NBCC will act as a project management consultant (PMC) while the construction and completion will be done by contractors. The company however clarified in the proposal that it will not be responsible for Amrapali’s liabilities.

As of now, NBCC has taken the burden of constructing the remaining unfinished Amrapali housing projects within the next three years.

September 5, 2018 / 1 Comment / by / in , , ,