Project Of The Week: Sunworld Vanalika, Noida
Noida has emerged as one of the most sought after property destination in -National Capital Region (NCR) offering a wide range of affordable, premium as well as luxury real estate. Proposed infrastructure and ongoing developments in Noida have been the driving factors that make the real estate market increasingly attractive here. Noida, Noida Extension and Greater Noida are attracting heavy investments from developers as the market witnesses a rise in demand.
One such group is Group, which was incepted in 2011 with a specialisation in affordable luxury projects. The group recently completed a new project in Sector 107, Noida named Sunworld Vanalika. The project which was launched in 2011, now has ready-to-move-in units for the home buyers.
PropGuide explores the project.
The Project
Sunworld Vanalika is a master-planned community with spacious apartments and outdoor amenities. This residential township is spread over an area of 7.5 acre and offers 774 units, a mix of 3BHK and 4BHK apartments. The 3BHK apartments are available in five different super built-up area options, ranging between 1,405 sq ft to 2,660 sq ft and 4BHK apartments have three options ranging between 2,650 sq ft to 4,107 sq ft. The project is equipped with all necessary specifications such as anti-skid tiles in balcony and kitchen, vitrified tiles in living room and bedrooms, and Jaquar bathroom fittings. To provide its residents with a holistic living experience, the residential project comes with a range of amenities including:
The Location
Sunworld Vanalika is located in Sector 107, Noida near the Dadri main road and Sector 47 road intersection. Sector 107 is recognised as one of the upmarket localities on the Noida Expressway. Some of the locational advantages are:
Infrastructure & future prospects
According to recent surveys, what makes Noida a better place to live in the NCR is its lower cost of living. Moreover, the infrastructure framework has become rigorous in the past few years. Metro Rail Corporation plans to expand the Dwarka- City Centre Metro line to Pari Chowk. This is a 29 km-stretch, which covers all the upmarket sectors such as Sector 81, 83, 85, 101, 137, etc. Also, the Industrial Authority has planned to establish one more power plant to give uninterrupted power supply.
Sector 107 and the adjoining areas are increasingly becoming attractive for the home buyers as the social infrastructure is within their reach including corporate parks, educational institutions, hospitals, and shopping arcades. 5, 126 and 127 is the hub of offices such as HCL Technologies, Dell India, Religare, sung, etc. Prominent schools here include Amity Public School, Public School, Mayoor School, Ryan International School, etc. Shopping and entertainment arcades in the vicinity include The Great India Place, located at a distance of 10.3 km and Centre Stage Mall at a distance of 8.7 km. Moreover, once the metro becomes operational here, the locality will be easily accessible from Delhi and Gurgaon. Therefore, the locality will address all the needs of home buyers.
Price comparison
The apartments in Sunworld Vanalika are priced at Rs 6,000 per sq ft, which is lower than the average apartment price of Rs 6,529 per sq ft in Sector 107, Noida. Let us compare Sunworld Vanalika with Great Value Sharanam, a similar project located in Sector 107. The project offers 2BHK, 3BHK, and 4BHK apartments at a price of Rs 6,500 per sq ft. This price, though in sync with the average property prices in the area, is higher than Sunworld Vanalika. Therefore, buying your dream home in Sunworld Vanalika is definitely a good option in terms of price.
PropGuide's Verdict
| Parameter | Remarks |
| Developer | Good |
| Locality | Very good |
| Project | Good |
| Price | Good |
Overall recommendation
Sunworld Vanalika is a good project to invest in, given the competitive price, developed locality, amenities available and future prospects. The project has witnessed price appreciation of 3.4 per cent in last 28 months. Also, the social infrastructure is easily accessible and in close proximity. However, home buyers should wait till the metro and other civic infrastructure extends to the area and covers entire Noida.
For more details on Sunworld Vanalika, see PropTiger's comprehensive report.