Over the years, ACE Group has established itself as a major player in the Indian real estate space, building high-quality residential and commercial spaces addressing the diverse styles and aspirations of consumers. ACE Group has delivered ~15 million square feet of projects as well as 50 acres of ACE Palm Floors Township, and ~21 million square feet of ongoing developments including joint ventures with a commitment to excellence. ACE is well known for their innovative designs and attention to detail, which have helped them to garner multiple awards, including awards for construction quality and timely project delivery. 

In this blog, we will explore one of their latest residential projects, which is elegantly designed to be a space of transformation for its residents. In Japanese, HAN’EI translates to ‘abundant, thriving, flourishing, and prosperity’. Staying true to the meaning, ACE Han’ei will be a space for its residents to unwind, thrive, and indulge in comfort and positivity with an aim to create a balanced environment. 

Why Invest in Sector 12 Greater Noida West?

Investing in a property in Noida Extension offers a compelling opportunity for both home buyers and investors, given its location, connectivity, and infrastructure developments. Here’s an in-depth look at what makes this area so appealing.

Strategic Location

Set in the centre of Greater Noida West, Sector 12 is easily accessible to the major urban centres: Noida, Greater Noida, Ghaziabad, and Delhi. Its central positioning heightens its attraction to families and professionals alike since it offers a suburban lifestyle with accessibility to the bustling metropolitan.

Proximity to Major Highways

If you’re planning to buy a flat in Noida Extension, you can expect these benefits from the region’s closeness to several key highways:

FNG Expressway ~11 km (~16 min): Faridabad, Noida, and Ghaziabad are connected by this expressway and is the major factor that significantly reduces travel time between these regions.

NH-24 ~13 km (~24 min): The National Highway 24, which connects Delhi with the eastern portions of Uttar Pradesh, provides commuters with smooth transit.

Noida-Greater Noida Expressway ~16.8 km (~28 min): This major expressway adds smooth connectivity between Noida and Greater Noida, helping simplify the daily commutes.

Yamuna Expressway ~19.4 km (~27 min): The expressway which connects the cities of Delhi, Noida, Mathura, and Agra, is a key artery for people going west of Uttar Pradesh.

These highways facilitate commuting and enhance the overall connectivity of Sector 12 to other parts of its surroundings.

Easy Access to Delhi and Surrounding Areas

Sector 12 Greater Noida West offers convenient travel options to key locations:

• ~10-minute drive to the upcoming Metro Station.
• ~15-minute drive to the Delhi-Meerut National Highway.
• ~40-minute drive to the upcoming Jewar Airport, which is expected to become operational soon.

This accessibility makes it a perfect fit for people working in Delhi or around the area. It allows them to live in a serene place yet be close to their work.

Overview of Ongoing Infrastructure Projects

A major factor for the desirability of Sector 12 is the growth of infrastructure in the region. Some of these factors include the following: 

Noida-Greater Noida Metro Rail: The upcoming metro line will further improve public transport options, making it easier to commute. It should also help attract more residents and businesses to the area.

FNG Expressway Construction: Upon completion, the expressway will provide better connectivity with Faridabad, Ghaziabad, and Noida, further increasing the desirability of investment in Sector 12.

Direct Access Roads: The new 130-metre-wide road being built between Sector 12 and Kalindi Kunj will provide a direct link to Delhi, further reducing traffic congestion.

Jewar International Airport: This airport is expected to become a major transportation hub in the region when it begins operation in April 2025. Due to this proximity, property values and demand for residential and commercial spaces are likely to increase.

Overview of ACE HAN’EI

At ACE Han’ei, you can experience the epitome of luxury living in a sprawling 26,000 sq. m. township consisting of magnificent residential towers of G+25 floors. The leading landscape architect, S. Bose, has meticulously crafted every detail, from the soaring columns to the beautifully manicured lawns, to resemble lavishness and prosperity. 

Situated on the prime destination of Sector 12 Greater Noida West, ACE Han’ei promises upscale living with world-class amenities and lush greenery. This haven of abundance offers palatial 3 & 4 BHK residences with massive decks and wraparound balconies to leave its residents rejuvenated and with a fulfilling lifestyle. 

Investment Potential

Housing investments have become quite prominent in Greater Noida West. Also known as Noida Extension, this region is a real estate hotspot, especially in the residential and commercial sectors, where there has been much development. 

Real Estate Boom

Magicbricks’ ‘State of the Market’ report reveals that Greater Noida West (Noida Extension) has the highest supply and rental growth in Greater Noida, with capital values rising 21.62% and rental growth at 13.15% year on year. Supply in the area is growing at the highest rate compared to other areas in Greater Noida, indicating a strong demand for housing and apartments in Noida Extension.

Growing Demand for Residential Properties

According to projections, the Greater Noida West will have 12 lakh residents in the coming years, and there is a burgeoning demand for housing. According to a Magicbricks report, the trend of 3 BHK units being the top home buyers’ choice in Greater Noida has been going strong. In Q1, 45% of demand was for 3 BHK units, which rose to 57% in Q2. 

Medium-sized apartments form 49% of the demand share and are the most preferred size by many home buyers from Greater Noida. 

ACE Han’ei provides spacious apartments in the form of 3 BHK and 4 BHK flats in Noida Extension, which are ideal for large families to live comfortably.

Long-Term Appreciation

In the past five years, property values have risen approximately 115.3%, showing a firm upward trend that indicates continued demand and interest in investment.

Greater Noida West is fast becoming an investor’s favourite due to its potential for future appreciation. Property values will grow as ongoing infrastructure projects and a growing population continue. Affordability, robust demand, and strategic location make it a profitable real estate investment area.

To know more about ACE Han’ei, contact 1800 119 999 or info@acegroupindia.com. 

ACE HAN’EI – RERA REG NO. UPRERAPRJ677887 | www.up-rera.in

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Noida Extension has risen to prominence due to its favourable location and proper planning. The area comprises residential and business spaces, accommodating a varied populace. With an increasing number of amenities and facilities, new apartments in Noida Extension are gaining the interest of both end users and investors.

Property Trends in Noida Extension

Regional Growth

Greater Noida has emerged as a forerunner for registered residential transactions, and the Noida Extension is one of its major contributing factors. The area has observed a steep incline in property registrations over the past few years, boosting investors’ confidence.

In April-June 2024, Greater Noida West had the highest maximum transaction amount, 35 percent, while Noida Expressway had the highest average transaction amount, Rs 1 crore.

Improving Infrastructure

Projects such as the Noida International Airport and the Aqua Line metro extension project will also help increase property prices and improve accessibility and living conditions in the area.

Recent infrastructure developments include:

The Namo Bharat Metro will extend connectivity to the new Noida International Airport and pass through regions including Siddharth Nagar in Ghaziabad, Greater Noida West, Alpha 1, and Jewar Airport. On completion, the project will enhance transportation by shortening travel time for commuters and airport passengers.

Proposed Route and Stoppage Details:

1. Ghaziabad (Siddharth Nagar)
2. Vijay Nagar
3. Sector 62, Noida
4. Sector 71, Noida
5. Greater Noida West (Noida Extension)
6. Tech Zone 4
7. Bisrakh
8. Sector 2, Greater Noida West
9. Alpha 1, Greater Noida
10. Delta 1, Greater Noida
11. Pari Chowk
12. Yamuna Expressway
13. Jewar International Airport

Also, the Greater Noida Authority recently invested Rs 60 crore in infrastructure to develop road infrastructure, water supply, sewage systems, and street lighting, which has enhanced the quality of life of the people of Greater Noida.

These improvements not only enhance the appeal of Noida Extension flats; they also lead to higher rental yields.

Rental Yield Potential

There is always demand for rental properties with the increasing population of professionals. This trend is more notable in the segment of 4 BHK flats in Noida Extension, where interest is shown by extended families and individuals seeking shared accommodations.

The market for rental property in Noida Extension is highly active because of the growing interest of employees and businesses in the commercial sector, such as HCL and IBM, as well as IT hubs like Techzone 4.  The yields obtained from renting these properties should be more appealing to investors than other NCR cities.

The Magicbricks ‘State of the Market’ report revealed that Noida Extension has the highest availability and rental increase; capital values ascended by 21.62% year over year.

Appreciation Potential

The price fluctuations in the last decade show a general appreciation of property prices. For instance, property in Noida Extension, priced at ₹3,600 per square foot in 2020, has now come up to ₹7,050 per square foot. This increment has been achieved through a five-year compounded growth rate of nearly 98.6%, making it a profitable investment area for people wanting to make a handsome income from the ever-appreciating property market.

Considering the above-mentioned infrastructure developments, we can expect an enticing effect on MNCs and other corporate services, causing them to set their hold in the region. This development, in turn, could produce job opportunities, elevating the demand for houses and apartments in Noida Extension. 

Conclusion

Real estate investment in Noida Extension flats is a good opportunity for those looking for premium housing with good rates of return. This region, with enhanced infrastructure, increasing property values, and strong rental demand, is among the most vibrant areas of the NCR in terms of the real estate market.

For those interested in taking the next step in considering investment, get in touch with experienced developers such as ACE Group. They offer a range of opulent residences, including prime flats in Noida Extension. So, while thinking about your investments, be sure to consider Noida Extension—a real estate market that has all the potential to grow and succeed further.

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Nowadays, more and more people are investing in the home buying process. Especially posh localities such as some societies & flats in Noida Extension. 2BHK flats in Noida Extension have become the new hotspot of the real estate industry, as the wonderful advantages of seamless connectivity, overall economy, easy access to amenities and affordability are a major selling point for developers. There is also a need to evaluate the importance of investing in home insurance as most people often overlook this precautionary measure deeming it unnecessary.

Despite a significant surge in the number of homebuyers in India, home insurance is an underutilized form of insurance as people either ignore the consequences of not investing in their homes after their ownership, believe that it is a waste of money or they lack sufficient information to make the right choice. Either way, it is the homebuyer who is at risk, mentally, emotionally and financially, if any unforeseen circumstance takes place in the future. There are several reasons why purchasing a home insurance policy is a must. But, firstly, let’s understand what exactly home insurance is.

What is home insurance?

Home insurance or homeowners insurance is a sort of insurance that covers the losses & damages on the property plus protects the interest of the owner. This type of policy covers interior as well as exterior damage, loss or damage of personal assets, and injuries that arise in case of an accident while on the property.

You might ask about the importance of home insurance. Here, we’ve listed down five reasons why you need home insurance for your dream property in Noida Extension:

1. Protection against natural disasters: Natural disasters like cyclones, tornados, and earthquakes often cause havoc leading to the damage and loss of property. Home insurance gives you the necessary protection against such calamities. 
2. Protects more than just your home: Comprehensive home insurance policy protects more than just your home. These policies cover external as well as internal damages, therefore, providing 360 degree-security in any unfortunate event. Consequently, you can also add items to the policy such as furniture, valuables, electronics, etc. You know what? Your home insurance policy is also going to cover losses arising due to theft or burglary.
3. Compensates and replaces your loss: Getting your home insured comes with the added benefit of receiving compensations for the losses and getting your valuables replenished. The compensation received from your policy can be used in repairs and reconstructions.
4. Defends you again lawsuits: Home insurance policies further have the provision for protecting you from any legal liability or third party liability. If a third party suffers an injury while on your property, the policy is going to guard you in such cases.
5. They are affordable: Home insurance policies are extremely affordable, which makes it all the more attractive. Some policies protect your home starting at Rs.125 per month for a structure value of 50 lakhs [1]. There is plenty of home insurance available to choose from, and buyers have the privilege to skim through them before making a choice.

Many times homeowners neglect a home insurance policy. However, it is imperative to understand that home insurance policies are a small investment against an enormous financial setback. As we come to an end, now you know what pairs the best with your flat in Noida Extension – a comprehensive home insurance policy. Remember, to get your home insured is to dodge a bullet.

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