Why NRIs and Investors Are Flocking to Noida Expressway Property

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}