NCR: luxury real estate projects Noida & Gurgaon

The real estate luxury segment had seen a lull due to rising construction costs. However, demand for luxury housing has once again gained momentum due to stable prices and the rupee rate.

Across NCR, a host of options in terms of apartments, flats, residential projects, commercial spaces, office spaces and other constructions are arising at an incredible space. Areas such as NH8, Dwarka- Gurgaon Expressway, Gurgaon has a number of sectors under major development, such as sector 89 and sector 90. On the other side of NCR, Noida also have promising projects underway in terms of 2 BHK, 3 BHK and 4 BHK apartments at Noida sector 79, sector 98, near F1 Track Noida, Noida Expressway and Yamuna Expressway. The infrastructural development in and around NCR is state- of- the- art as it caters to people who seek comfort and luxury.

Luxury projects cater to a niche, affluent segment of society, who can afford exclusive offerings and are always seeking something distinct. As such, for this elite stratum the way they live becomes a fashion statement. According to a report in The Economic Times, luxury unit sales in Delhi-NCR have gone up by around 25 percent in the current fiscal in both Non Resident Indians (NRI) and domestic segments.  This number is set to increase in the coming years. According to Mr. Nirmal Singh, Founder - Lotus Greens "India has the fastest growing number of high net worth individuals in the world and real estate comprises approximately 40% of their investment portfolio."

Last year, the depreciation of the rupee also provided an impetus to the luxury housing segment. This provided a golden opportunity for NRIs to invest in property back home, thus saving around 20-30 percent on the property value. Consequently, there has been a spurt in the NRI/PIO (People of Indian Origin) demand for luxury housing.

Domestic consumer demand is guided by location of the project and the facilities on offer. Changing lifestyle, growing exposure to overseas living and attraction of handsome return are major factors in sales escalation. The upper-middle class is beginning to graduate to luxury living in western-styled homes with ultra-modern facilities. They do not mind spending on comfortable living. And this segment is on the rise in urban metros like Delhi, Gurgaon and Noida. Numerous luxury projects and townships are in progress in areas adjoining Dwarka Expressway, Gurgaon, Noida, Noida Expressway and the Yamuna Expressway.

‘Branded luxury homes’, launched a few years ago. Lotus Greens one of the leading real estate developers Delhi NCR tie-up with international luxury hospitality or lifestyle brands to create differentiated offering. These homes boast of professionally designed interiors and exteriors, centralised management of facilities and various additional features such as concierge services, high-grade electronic surveillance and security and valet parking. These developments offer facilities such as, swimming pools, jacuzzis, gymnasiums, clubs, children’s parks, joggers tracks, and even golf courses.

All these factors have high appeal value. The Builders in Noida and Gurgaon are living up to the very high brand standards promised to the buyer.

Lotus Greens: luxury apartments in Noida sports village

India is one of the fastest growing economies of the world. It is a country wherever major multinational company has their eyes set. Even though disparity remains, the purchasing power of the population has increased many folds in recent years. This has given rise to products being launched in India before the world, companies in fact developing products keeping the Indian customer base in mind.

This increased purchasing power has also given rise to a shift in the demand for real estate projects. The customer demand for premium and luxury apartments has increased rapidly in the past few years. There are various real estate developers that cater to this segment. Lotus Greens is one of the most prominent names amongst them.

There are those who work for only profits, and then there is a group that works with a purpose and mission. Lotus Greens is one such group. They have taken the cause of sustainable development very seriously and have come up green residential projects across NCR. They have spread their base around Noida and Gurgaon and have upcoming projects on Yamuna Expressway, Noida Expressway as well as Noida Sector 79 among others.

But, with so many options available in the market today, how has Lotus Greens been successful in attracting customers to their projects?

The plethora of work that Lotus Greens does and the way they execute it, can be a good lesson for any company trying to find a foothold in the competitive world of real estate.

The basic factor to stand out in a crowd is to do something different. For instance, if there are thousands of fans in a cricket stadium watching a match, there will be one who would have painted the face or worn a coloured wig. That guy would surely stand out and people will remember that face more than any other. Similarly, in the world of real estate, if there is a property, which is different from the trend that is being followed by all in the market, then it is sure to stand out.

Lotus Greens for instance, has adopted the concept of sports cities and sports villages. It is not a concept that is massively prevalent right now. But, it sure is a concept that is going to catch the attention of the potential customer in a big way. In this day and age, when lifestyle choices have led to an unhealthy life, sports cities are the perfect remedial solution. Living in a green surrounding, breathing the fresh air every morning and giving the body the regular workout it deserves, sports city is the solution for today’s health problems.

Another important factor, to garner customer attention, is choice. A customer should not feel stifled, but be spoilt for choice. Lotus Greens has apartments and townships in Noida, projects with 2,3,4 bhk apartments. Thus, when a customer goes to buy apartments or property, Lotus Greens becomes the obvious choice.

Lotus Arena: luxury apartments in Sports City Noida

The development of real estate is a phased one. It does not happen overnight and neither is it uniform. Thus, cities do not grow laterally or even homogeneously. Some parts develop faster than the others and also develop differently. If we take Noida as a case in point, it is easy to note that the constructions in Noida sector 79 are not the same as those on Noida Expressway.

Residential projects are springing up all across Noida, but the very same city is witnessing constructions of different multitudes. Lotus Greens is one developer that has been involved with the growth and development of Noida for a long period. Their brand of construction is unique and they have successfully delivered numerous real estate projects and premium and luxury apartments.

 The reason for varied construction in Noida though is simple and the same can be extrapolated to other cities as well. It all boils down to the origins of the city and the first stages of development. Noida started off as an industrial area in the outskirts of Delhi. It in fact draws its name from there, Noida standing for New Okhla Industrial Development Authority. The initial spurt in real estate development was seen around the industrial beds. Row houses and bungalows occupied most of the area in the city. The state housing projects also came into being. These were also restricted to a maximum of three storey constructions. Space was in abundance and was not used sparingly as there was no surplus demand for housing.

But, as Noida grew, more corporate houses set shop here, and people started eyeing it as a good investment option for real estate. It resulted in an immediate increase in the rate of constructions. While, earlier bungalows and low storey buildings dominated the scene, the trend now shifted to high-rise buildings. Upcoming projects focused on the growing need for housing and tried to fill the gap. Areas of the city, which were earlier neglected, came into focus. The outskirts became the sought after locations. Developers introduced the latest real estate trends in these areas. Apartments and townships in Noida grew, luxurious 3,4 bhk apartments came into being. A whole new Pandora’s box was opened to the population in the world of real estate.

There was also parallel growth happening on the outskirts of Noida that would later become Greater Noida. The growth was not at the same pace but it was constant. There were also sports elements being introduced. Stadiums were being built, formula one tracks constructed.

 After all, growth is not an isolated concept. It takes place harmoniously keeping surrounding elements in mind. Noida saw a growing demand for sports projects, villages, apartments, and townships.

Lotus Greens is coming up with one of the biggest and most prolific sports city in Noida. To buy property and apartments here will be a dream for any customers. It will be home to the best of indoor and outdoor sports facilities. The apartments are also sports themed and beautifully conceptualized and created. The perfection and quality of work has been the prime strength of Lotus Greens and the sports village project is sure to take their appeal several notches higher.

Lotus Greens: leading the way in theme housing

Noida, in the NCR, is still riding the real estate surge. Though Gurgaon and Faridabad have emerged as alternative satellite towns, homebuyers still favour Noida as an ideal destination to buy property. As such, Noida is still the hub of numerous real estate projects; with many top builders developing residential projects here. Among the upcoming projects, Sports City Noida is an iconic development and is the cynosure of all eyes in the realty market.

Developed by leading real estate developers in Delhi NCR, Lotus Greens, Sports City Noida is a sports-themed residential project with a contemporary design to cater to today’s fast-paced but wellness-conscious lifestyle. Loaded with sport amenities, the project houses the 180-acre Noida Authority Sport Complex, including a 9-hole golf course, in addition to multipurpose sports playfields, indoor multipurpose sports hall, cricket academy and swimming centre. Spread over 50 acres of land, 70 per cent of the project includes sports facilities and open areas, 0.5 per cent for commercial use, and 29.5 per cent for group housing and premium apartments. Like all other modern, self-sufficient townships, Lotus Greens Sports City Noida also has hospital, office space, educational institutions, internal roads, commercial establishments and ample green spaces.

The luxury apartments at Lotus Greens Sports City are available in various options of 3 and 4 bedroom apartments in sizes ranging from 1500, 1750, 1950 and 2250 square feet. These swanky serviced apartments, built under the GOLD Standard of the USGBC (United States Green Building Council), are constructed by Dubai’s numero uno company Benoy. Benoy’s is credited with several prestigious projects like Ferrari World Abu Dhabi and the new Terminal 4 at Changi Airport, Singapore.

Strategically located in Sector 79 Noida, Lotus Green Sports City is an ideal project to consider for those looking to purchase apartments in Noida. Situated just near the Noida Expressway, the project enjoys several locational advantages:

• Proposed Metro station in Sector 78 near Noida Expressway and Noida SEZ
• Major software companies coming up nearby (Infosys Campus)
• The proposed metro connects the upcoming sectors of Central Noida and also with Noida Extension and Pari Chowk; and Delhi to the heart of Noida at Sector 32

Recently, the top real estate company also launched Lotus Greens Yardscape Golf Centric Residential Plots in Sector 79 Noida, within the township of Sports City. Premium residential plots are available in sizes of 200, 300 and 500 square yards with ample views of the golf course. These coveted plots are ideal for investment purposes, with the minimum investment starting at 2 Crores.

Lotus Greens has paved the way for a first of sorts with its specialised theme-housing concept of Sports City at Sector 79 Noida. World-class construction quality complemented with detailed care given to design, planning and sustainability, Lotus Green Sports City is one of the best homes to live in. Bringing in novelty and admired for global thinking, Lotus Greens has indeed paved the way for theme-based housing; and is today a top real estate developer in the region.

Lotus Greens: Offering stable luxury in Gurgaon

There is good news for homebuyers– industry pundits are of the opinion that now is a good time to invest in real estate projects, especially in the luxury segment. Gurgaon has always been a hub of real estate activity. However there was a market slump and prices dipped. But in 2015, markets are expected to edge further into recovery; and prices are still stable and reasonable. Aditya Verma, CEO, makaan.com says, “So, between now and the middle of next year may be the best time to buy property…and make the purchase over the next 6-12 months."

In this scenario, Lotus Greens, top builders in Gurgaon, has launched Lotus Greens Woodview Residences in Sector 89 and 90 of Gurgaon. These independent homes are part of the Lotus Greens township spread over 100 acres. The township enjoys a strategic location, with seamless connectivity to Delhi and NCR via the busy Dwarka Expressway and the Pataudi Road. Woodview Residences are also connected with NH8 both after and before the toll plaza. The location of the project is also its USP; it is situated between the commercial district of Sector 88 and open spaces of Sector 94. Prices for the luxury apartments at Lotus Greens Woodview Residences start at 87 lakhs; thus making it one of the most sought-after upcoming projects.

Lotus Greens Woodview Residences offers luxurious low-rise apartments in sizes of 1,150 to 2,435 square feet, in options of 2, 3 and 4 BHK flats. Superlative quality construction by the top real estate company in Gurgaon is complemented by modern amenities. Practical housing requirements are married flawlessly with plenty of open space and landscaped terraces and gardens, to ensure not just plush homes, but a convenient and healthy lifestyle as well.

These 3 BHK apartments and villas are designed by globally acclaimed architects Benoy exclusively. Thoughtfully executed interiors, engineered wooden flooring, imported marble, modern modular kitchens, and automated video door phones, all add up to offer lavish homes that are not just luxurious, but eco-friendly as well.

Among the luxury projects coming up in the city, what sets Lotus Greens Woodview Residences apart is its high-grade use of natural resources. The project uses alternative energy with solar heaters and solar lighting. Green technologies like rainwater harvesting and solid waste management are effectively installed to attain energy-efficient and sustainable buildings. The flats are fitted with the modern, energy saving Variable Refrigerant Volume (VRV) technology in air-conditioning; and the structures are earthquake-resistant.

Backed by the credibility and track record of one of the leading real estate developers in Delhi NCR, Woodview Residences offer stable prices for a unique blend of quality construction, luxury apartments and a peaceful and upscale lifestyle; with a bonus of an excellent location. Thus, for those looking to invest in residential projects in Gurgaon in the luxury segment, Lotus Greens Woodview Residences is an ideal choice.

Lotus Greens: Introducing Sports City to Noida

The dynamic world of real estate doesn’t stay stagnant for long. New and innovative concepts are introduced on a regular basis and to be a top builder, developers have to be on their toes all the time.

Keeping with the trend, the market is seeing a swift shift from townships and gated communities towards sports cities. Top real estate developers are eying this segment and their list of upcoming projects is increasingly featuring sports cities.

In July 2014, the Noida Authority awarded the bid to build a sports city in Noida to Lotus Greens. The announcement was greeted by investors lining up at the doorstep of the Lotus Group to contribute and become a part of this prestigious and profitable project. Noida was getting its own sports city and one of the leading real estate developers in Delhi NCR, Lotus Greens, was appointed as the builder.

This sports city named as, The Lotus Greens Sports City is one of the most ambitious real estate projects of the Group. It is spread over a massive area of 180 acres and is home to various residential projects, offering luxury apartments, premium apartments and serviced apartments. It is situated on the Noida Expressway in sector 79 Noida.

Keeping true to the sports theme, the apartments in this project are being built keeping the theme in mind. Offered in 3 and 4 BHK variants, the apartments are iconic and exclusive. Also, taking the green initiative of The Lotus Group forward, this Sports City is surrounded by a wide green belt and is a brilliant example of co-existence of nature and real estate marvels. Enhancing the beauty and green cover even further, is a magnificent golf course.

To solidify its position as a top real estate company, Lotus Greens is leaving no stone unturned to develop this sports city as an iconic instillation. The reputation of the group and the work done on the project thus far has already got people lined up to buy apartments and properties in the project. It is only a matter of time before The Lotus Green Sports City, turns into another successful exploration of the Lotus Group in the world of real estate.

Lotus Parkscape: Yamuna Expressway - F1 track boast property demand

Monumental mega structures in an area increase the value of that area not just in monetary terms but also in terms of development, comfort and class. The Delhi Metro is a good case in point to prove the same. As the scope of the metro grew, areas adjoining the metro line were upgraded from being outskirts and far flung to in demand.

Moving a little further from the national capital and going towards its outer region, Noida, similar stories can be found. The growth of lands across the length of the Yamuna Expressway is an example of the same. The mega road connectivity project bringing Greater Noida closer to Agra has proved a big boon for real estate development in the area. Tons of world-class developers can be seen coming up with luxurious residential projects in around the Expressway.

But, the spurt in real estate projects in the area cannot only be attributed to the Yamuna Expressway. The Formula One track is another major attraction in the area. The popularity and elegance that is associated with the world of motor sports, has made apartments near the F1 track, a major hit among customer. Various developers are coming up with 2, 3 bhk luxury apartments near the Buddh International Circuit. In fact tapping on the popularity of the sport, many flats near the F1 track are being constructed keeping the formula one theme in mind.

These two major projects in Greater Noida have made properties on the Expressway extremely valuable. Infrastructure development in the area is at an all-time high. Everything, from schools, colleges to metro development, is being planned around the area. All this has increased the value of upcoming projects near the Yamuna Expressway and F1 track by many folds.

Lotus Parkscape is constructing few of the most attractive projects in the area. Known for their quality and efficiency, the residential projects being offered by Lotus Parkscape are splendid with all the modern amenities to add further luxury. The project near the Buddh International Circuit is grand. Built over an area of 50 acres and carrying the torch of greenery, it is a highly advanced and modern living arrangement. The residential project of Lotus Parkscape is sure to make life in the fast lane even more exciting.