Read In:

Supertech – Transforming Real Estate Of Noida

September 19 2014   |   Proptiger

With 60,000 customers, delivery of 10,000 units and projects spread across 40 locations, Supertech Limited has set a new benchmark in architectural finesse in the real estate industry. Established under the dynamic leadership of Mr. R K Arora, Supertech was founded in 1988 with a small residential project in Ghaziabad. Today, it stands tall with multitude of projects spreading across Delhi NCR, Moradabad, Rudrapur, Meerut, Haridwar and Bengaluru. According to PropTiger Data Labs, it has constructed 33 million sq. ft. of residential and commercial space and another 90 million sq.ft.is currently under-construction. It has pioneered the implementation of precast technology in the country and made way for all season construction practices that saves considerable timePredominantly, Supertech is recognized for its efforts in transforming the residential housing scene in Noida, NCR.

Until a few decades back the concept of high rises was abstract in the region as it mainly reeled under independent homes and low rise apartments. Supertech brought the high rise living concept to Noida which in India was typical to Mumbai. The progression not only catered to the growing residential demand in the city against limited patches of land but also exposed the residents to an international living experience. If we reflect on its residential development since the last 25 years, Supertech has catered to all income groups. While Eco Village I, Eco Village II and Eco Village III catered to affordable housing segment, Emerald Court is created for middle class end user market. North Eye as well as Supernova is creation of Supertech for high end luxury buyers.

Presence in Noida-NCR

Whichever micro market of Noida you might be interested in, you will find a unique creation of Supertech there. Whether it is center of Noida i.e., Sector 34, 78, 118 or Noida Expressway i.e., Sector 93A, 94, 137 or Greater Noida or Yamuna Expressway, you have an option of buying a house in any of Supertech's properties.

Detailed list of Supertech projects is available on PropTiger.

Performance Scorecard

Not only end users have benefited from Supertech projects but investors also have made handsome return by investing in company's properties. While projects like Cape Town (Noida) , Eco Citi (Noida Expressway) and Emerald Court (Noida Expressway) have grown substantially by 46%, 53 % and 61% respectively since their launch, others such as Czar Suites (Greater Noida) and Livingston (Ghaziabad) have demonstrated a comparatively slower price appreciation. However, as the realty market picks up we are confident that Supertech's projects will show better price appreciation than market owing to its brand and superior construction.

Table – Snapshot of price appreciation in Supertech projects

Project NameLaunch PriceCurrent PricePrice Appreciation %Launch UnitsProject Area (acre)
48 Canvas (Gurgaon) 55006200114810
Hues (Gurgaon) 5200700026150016
North Eye (Noida) 55009900442257NA
Cape Town (Noida) 2990555846445350
Eco Citi (Noida Expressway) 2725585053173213
The Romano (Noida) 415041500187217
Micasa (Bangaluru) 3990414042242
Eco Village 1 (Greater Noida West) 2195405046651843
Eco Village 2 (Greater Noida West) 2195405046545630
Eco Village 3 (Greater Noida West) 2075395047272011
Czar Suites (Greater Noida) 2900357519151220
Livingston (Ghaziabad) 250036943213808
Emerald Court275069906157217

A safe bet for your investment

The Government has recognized Supertech and has honoured the company with the leading Industry award “Udyog Ratna”. In addition, the company has been awarded the Top Residential Space Developer Award by Mail Today. For its future endeavors, Supertech has tied up with the world's best names in the field of architecture, design and technology like yoo Worldwide LLP (UK) , Armani Casa (Italy) for design, Cracknell (Dubai) for landscape and Benoy (London) for concept and architecture.

In recent past, Supertech has expanded its presence beyond Noida to Gurgaon and Bangalore. This reflects the Pan-India ambition of the promoter who wants to play a key role in evolution of Indian real estate. We are sure Supertech buyers across India will now benefit from their expertise in creating not just home but a lifestyle.




Similar articles

Quick Links

Property Type

Cities

Resources

Network Sites