Investing in Ace Parkway in Sector 150 Noida: A Comprehensive Guide
Noida Sector 150 is a premier real estate destination known for its diverse and high-quality residential areas. This region boasts a variety of projects, such as Bryz Buzz, ATS-Pristine, Subhkamna Epic, making it an ideal choice for both contributing and living. The area is prime due to its proximity to major infrastructures, such as the Noida Expressway and the upcoming Jewar airport. Additionally, Sector 150 is known for its well-built residential projects that cater to the growing needs of residents.
Is it Right to Invest in ACE Parkway?
The decision to invest in ACE Parkway is justified, given its strategic location and ongoing construction. Positioned opposite a 40-acre green development, the project is in the process of comprehensive construction. The proximity to key infrastructures, including a metro station just a kilometer away, and access to the Yamuna Expressway 75, contributes significantly to the area's appeal. The inclusion of a 42-acre Shaheed Bhagat Singh Park in front of the society provides a serene and cool environment, particularly during the summer months.
Comparing Investments: ACE Parkway and ATS Le Grandiso
While ACE Parkway is a reputable project, it may not be the best choice for everyone. ATS Le Grandiso, a project by the same group, offers a better value proposition for those looking for larger spaces. Due to Sector 150's brand-specific nature, larger and more established brands like Tata, Godrej, and Yoo Global are prevalent. If your investment exceeds 85 lakh, purchasing from these brands is advisable. However, if your budget is 50 lakh or less, investing in ACE Parkway is still a viable option.
Opting for Smaller and More Compact Spaces
If you have a strict budget, you can still find value in the new towers of ACE Parkway, which offer 1085 sq ft and 1095 sq ft for new 2 BHK units. However, if you have a margin to spare (up to 56-57 lakhs), you may wish to consider Samridhi Luxuriya Avenue. This project offers 1165 sq ft with an additional study room, making it an ideal option for those seeking more space and utility.
Unique Selling Points and Financial Incentives
One of the most attractive features of investing in the ACE Parkway project is the Subvention Scheme. You only need to pay a token amount of 5 rupees at the time of booking and defer the remaining payments until the time of property possession. This makes it a hassle-free and cost-effective option for investors.
Current Real Estate Market Scenario
The real estate market in the NCR (National Capital Region) has experienced a significant shift. The real estate bubble, which was prevalent during 2011–2014, has largely burst. Currently, the demand and supply mismatch has led to stable property rates. Investors should focus on genuine buyers rather than speculative investments. While the current real estate market is not ideal for investing, there are other investment avenues that might be more beneficial.
Conclusion
In conclusion, investing in ACE Parkway in Sector 150 Noida can be a wise decision, especially given its strategic location, green environment, and the availability of additional features like study rooms. However, potential investors should carefully consider their budget and long-term goals before making a decision. For further inquiries, feel free to contact the author at 7011878380.