Project Of The Week: Eldeco Aamantran, Sector 119, Noida
Noida is one of key cities contributing to the massive growth of real estate in India. One of the regions in Noida that has witnessed coming of many residential as well as commercial real estate projects is the expressway. It is well-connected to Delhi, Greater Noida and Ghaziabad thus, making it a preferred choice of investment for many home buyers.
One of the developers that has explored this area as a potential real estate destination is Eldeco Developers with its project, Eldeco Aamantran. The project is located at Sector 119, Noida along with other upcoming and developed projects.
PropGuide takes you on a tour of this project:
The project
The project, which was declared in May 2008 and delivered in May 2013, Eldeco Aamantran spreads across 14 acres and offers 449 apartments. The area of these apartments in Eldeco Aamantran ranges from 1,111 sq ft - 3,000 sq ft. The apartments have been fitted with premium fixtures and the kitchens have modular fittings. Other amenities offered to the residents here include:
The locality:
Although Sector 119 is a developing residential area, it has the required social infrastructure for the residents including schools and banks. This infrastructure is located in proximity to the project.
Educational Institutes: CHS Siksha Sadan, JSS Public School, Raghav Global School, Pragati Public School, Swami Vivekananda School, Adarsh Public School
Health-care centres: Indraprastha Eye Tech Clinic, AMC Hospital, Neo Hospital, Cardia Green Advanced Health Clinic
Banks and financial services: SBI, ICICI, Punjab National Bank, IDBI
Infrastructure & future prospects
A residential locality, Sector 119, also houses many corporates, too. This locality is well connected to rest of the National Capital Region (NCR) via different roads. The roads around this sector have been built with modern planning techniques. The property prices in this locality have shown a promising increase of 2.9 per cent in last 49 months.
The price
The project offers a total of 449 units in 2BHK and 3BHK configurations. While the 2BHK units are available in sizes - 1,111 sq ft, 1,144 sq ft, 1,303 sq ft and 1,329 sq ft; the 3 BHK units are available in sizes - 1,884 sq ft, 2,141 sq ft and 3,000 sq ft. The units here are priced at Rs 5,150 per sq ft.
The developer
Eldeco Developers is known for aesthetically appealing projects. The developer has been in the real estate for past four decades and has worked on 59 projects out of which 19 are under construction. Their construction spans across various sectors including malls, offices, townships, etc. Eldeco Housing and Industries Ltd (EHIL) and Eldeco Infrastructure and Properties Ltd are two of its key brands.
PropGuide's verdict:
Parameter | Remark |
Project | Very Good |
Price | Very Good |
Developer | Very Good |
Locality | Good |
Overall recommendation
Sector 119 is an excellent option to invest in, especially in case of this project. It is highly probable that prices of apartments in Sector 119 would rise dramatically once the upcoming Noida-Greater Noida metro line is completed and functional.