Blog #Noida Expressway Projects

The Noida Expressway has emerged as a prime destination for Non-Resident Indians (NRIs) and investors seeking lucrative real estate opportunities. This 24-kilometer stretch not only offers seamless connectivity between Noida and Greater Noida but also boasts state-of-the-art infrastructure, making it a hotspot for property investments. Among the notable developments along this corridor are ACE Group's prestigious projects—ACE Parkway and ACE Starlit. Investing in Noida Expressway property ensures long-term growth and substantial returns.

Investment Benefits for NRIs

Investing in Noida Expressway property presents several advantages for NRIs:

1. Appreciating Property Values: Noida's real estate market has consistently demonstrated growth, offering the potential for high returns on investment.
   
   
2. Strong Connectivity: The well-developed infrastructure, including expressways, metro stations, and proximity to Delhi, enhances the city's appeal.
   
   
3. Favorable Exchange Rates: The depreciating Indian Rupee makes property investments more affordable for NRIs, offering higher returns in the long run.
   
   
4. Tax Benefits:  NRIs can claim exemptions on capital gains tax if they hold properties for a specific period. Additionally, they can avail housing loan deductions and benefits from Double Taxation Avoidance Agreements (DTAA), preventing taxation in both India and their country of residence.
   
   

Rental Yield and Resale Value Insights

The Noida Expressway property region offers promising rental yields and resale values:

• Rental Yields: The demand for luxury residences with world-class amenities, smart homes, and gated communities is rising in Delhi NCR. NRIs increasingly invest in high-end properties for personal use, vacation homes, or as appreciating assets. Premium projects located near business and commercial hubs further add to their investment appeal.
  
  
• Resale Value: Investing in resale properties along the Noida Expressway offers several practical benefits, especially for those seeking immediate occupancy or a clear understanding of the investment's value. These properties come with established infrastructure and known community features, providing a stable and reliable option for buyers.
  
  

ACE Group's Premier Projects on Noida Expressway

ACE Group has been instrumental in transforming Noida's skyline with its exemplary projects:

1. ACE Parkway: Nestled in Sector 150, Noida Expressway property like ACE Parkway offers modern and luxurious design apartments. The project features 2, 3, and 4 BHK apartments starting at ₹78 lakh, providing residents with a blend of comfort and sophistication.
   
   
2. ACE Starlit: Located in Sector 152, ACE Starlit is a newly launched Noida Expressway property offering 3 BHK apartments with world-class amenities. The possession is expected to start from April 2025, making it an attractive option for investors seeking contemporary living spaces.
   
   

Latest Developments and Connectivity Enhancements

The Noida Expressway property region has witnessed significant infrastructural developments:

• Infrastructure Growth: The area has seen a surge in luxury housing demand, with projects like DLF's "The Dahlias" achieving record bookings. Over nine weeks, DLF sold 173 units for approximately $1.4 billion, reflecting the strong demand for luxury housing among affluent buyers.
• Connectivity Enhancements: Noida has well-established connectivity via major highways and flyovers such as the Noida Expressway, DND Flyway, Mahamaya flyover, and Yamuna Expressway. These advancements further boost the appeal of investing in Noida Expressway property.
  
  

FAQs

Why are NRIs investing in Noida Expressway Property?

NRIs are attracted to Noida Expressway property due to appreciating property values, strong connectivity, favorable exchange rates, and tax benefits.

What rental yields can investors expect in this region?

Investors can expect rental yields ranging from 4-5%, driven by the demand for luxury residences with world-class amenities, smart homes, and gated communities.

How does ACE Starlit stand out among other projects?

ACE Starlit offers 3 BHK apartments with world-class amenities and is strategically located near major expressways, ensuring seamless connectivity. The project is set for possession starting April 2025, making it a timely investment opportunity.

What are the tax implications for NRIs earning rental income from these properties?

NRIs earning rental income from properties in India must pay taxes through TDS at 31.2%. To reduce or avoid this tax, NRIs can apply for a Certificate of Exemption under Section 197 if their income is below the taxable limit. Additionally, NRIs may benefit from Double Tax Avoidance Agreements (DTAA) with India, which can help lower their tax burden.

What are the possession timelines for ACE Parkway and ACE Starlit?

ACE Parkway offers ready-to-move-in apartments, while ACE Starlit is a newly launched Noida Expressway property with possession expected from April 2025.

Conclusion

The Noida Expressway property market continues to be a magnet for NRIs and investors, offering a blend of modern infrastructure, connectivity, and promising returns. Projects like ACE Parkway and ACE Starlit exemplify the quality and luxury that investors seek, making them prime choices for those looking to invest in this burgeoning region.

_{ACE PARKWAY – RERA REG NO. UPRERAPRJ4514 | https://www.up-rera.in}

_{ACE STARLIT – RERA REG NO. UPRERAPRJ677294 | https://www.up-rera.in}

Why RERA Compliance Matters in Noida Expressway Property Investments

Investing in Noida Expressway Property has become a lucrative opportunity for homebuyers and investors alike. With its strategic location, seamless connectivity, and robust infrastructure, Noida Expressway is a prime real estate destination. However, ensuring that the property is RERA-approved is crucial for safeguarding your investment. The Real Estate (Regulation and Development) Act, 2016 (RERA) was introduced to enhance transparency, protect buyers, and bring accountability to the real estate sector.

Importance of RERA Compliance in Real Estate Investments

RERA compliance plays a vital role in securing real estate investments. Here are some key reasons why it is essential to choose a RERA-approved Noida Expressway Property:

• Transparency and Accountability: Developers must register their projects under RERA and disclose all necessary details, including project timelines, financial disclosures, and legal approvals.
• Timely Project Completion: RERA mandates developers to complete projects as per the promised timeline, minimizing project delays.
• Protection from Fraudulent Practices: Buyers get legal protection against misleading advertisements, false promises, and fraudulent dealings.
• Grievance Redressal Mechanism: RERA ensures that disputes between buyers and developers are resolved efficiently through its dispute resolution forum.
• Financial Security: Developers are required to deposit 70% of the project funds into an escrow account, ensuring the proper utilization of money for construction rather than for other projects.
  
  

List of RERA-Approved Noida Expressway Property Projects

Several prominent real estate developers have launched RERA-approved Noida Expressway Property projects, ensuring quality construction and legal compliance. Here are some of the best options:

1. ACE Starlit (RERA No: UPRERAPRJ677294)

• Located in Sector 152, this premium residential project offers luxurious 2 and 3 BHK apartments.
• Features modern amenities like a clubhouse, swimming pool, landscaped gardens, and a fully equipped gym.
• Excellent connectivity to Noida Expressway and metro stations.

2. ATS Knightsbridge (RERA No: UPRERAPRJ357829)

• An ultra-luxury residential project in Sector 124, offering spacious 4 and 6 BHK residences.
• High-end amenities including private lifts, concierge services, and a world-class clubhouse.
• Located near prominent IT hubs, ensuring high rental yields.

3. Godrej Palm Retreat (RERA No: UPRERAPRJ745601)

• A resort-style residential development in Sector 150, featuring low-rise apartments.
• Offers a perfect blend of luxury and nature with lush green landscapes and water bodies.
• Close to educational institutions, business centers, and shopping complexes.

4. Paras One33 (RERA No: UPRERAPRJ881420)

• A mixed-use development in Sector 133, comprising serviced apartments and retail spaces.
• Ideal for investors looking for commercial and residential opportunities.
• Located strategically with excellent connectivity to major roads and highways.

5. Eldeco Live by the Greens (RERA No: UPRERAPRJ15172)

• A well-planned residential township in Sector 150, offering 2 and 3 BHK apartments.
• Designed with sports-themed amenities, including cricket fields, tennis courts, and jogging tracks.
• Proximity to upcoming infrastructural developments like the Noida International Airport.

How to Verify Property Legality Before Purchase

Before investing in a Noida Expressway Property, it is imperative to verify its legality and ensure compliance with RERA regulations. Follow these steps:

1. Check RERA Registration

• Visit the official Uttar Pradesh RERA website (www.up-rera.in) and search for the project using its RERA number.
• Verify project details, including completion date, developer credibility, and legal approvals.

2. Verify Land Ownership and Approvals

• Ensure that the land on which the project is built has clear legal ownership.
• Ask for land title deeds, NOCs from local authorities, and zoning approvals.

3. Review the Builder’s Track Record

• Check the developer's past projects, their delivery timelines, and buyer reviews.
• Opt for reputed builders with a history of timely and quality project delivery.

4. Examine the Builder-Buyer Agreement

• Read the sale agreement carefully and ensure all clauses, including penalty provisions for delays, are in place.
• Seek legal consultation if necessary to understand the terms and conditions thoroughly.

5. Visit the Property Site

• Physically inspect the property to assess construction quality, amenities, and infrastructure.
• Cross-check the promised features with what is actually available on site.
  
  

Conclusion

Investing in a Noida Expressway Property can be highly rewarding, provided you choose a RERA-approved project. RERA compliance ensures transparency, legal security, timely project completion, and financial protection, making it a must for real estate investments. With multiple RERA-approved Noida Expressway Property options available, buyers can confidently invest in a secure and legally compliant home or commercial space.Before finalizing your purchase, always verify the project’s RERA registration, land ownership, and builder credibility. By following these steps, you can ensure a safe and profitable investment in Noida Expressway’s thriving real estate market.

ACE STARLIT – RERA REG NO. UPRERAPRJ677294 | https://www.up-rera.in