Project In Focus: Eureka Park Phase 1 By Tata Value Homes, Noida
Noida Sector 150 has become an attraction for many homebuyers and leading players of the real estate market. The neighbourhood is known for its serene environment and quality social infrastructure. The popular suburb in the National Capital Region (NCR) is also set to get metro connectivity by mid-2018.
Eureka Park Phase 1 is the latest residential project in the area launched by Tata Value Homes, which is a popular name among the many developers operating in Noida.
Propguide lists the key features of the property:
About the property
Project RERA ID: UPRERAPRJ5448
Spread in a sprawling area of 20 acres, Tata Eureka Park Phase 1 is an under-construction property offering 2BHK and 3BHK apartments. Aesthetically planned to meet the space needs of a modern homebuyer, the apartments are fitted with smart features such as video door phone, motion sensors and gas leakage detectors. The unit sizes vary between 1,100 sq ft and 1,575 sq ft. Launched in March 2017, the project includes 1160 units in total and will be ready for possession by March 2023. In addition, there are many new-age amenities encompassing
The developer
Tata Value Homes is one of the country's fastest growing real estate companies. Incorporated in 2009, the developer is a wholly owned subsidiary of TATA Housing Development Company Limited and has rich experience in developing affordable housing project as well as integrated and mixed-use townships.
Neighbourhood
Sector 150 is one of the key residential areas in Noida that has witnessed new developments of modern apartments in recent months. Plots, villas and apartments are available in plenty. All the gated communities in the area boast ample greenery and open spaces. There are also many corporate offices in Noida Expressway which are within easy reach from Sector 150.
Connectivity
Sector 150 Noida has availability of all modes of public transportation including auto-rickshaws, taxis and buses. The locality is expected to see improved connectivity after the Noida-Greater Noida Metro Link becomes operational. Flanked by vital corridors like Pari Chowk and Yamuna Expressway, the area enjoys smooth connectivity and easy accessibility to Indira Gandhi International Airport and railway stations in Delhi.
Social infrastructure
The area is replete with world-class social infrastructure entailing high-end shopping malls, prestigious schools, universities, healthcare centers as well as convenience stores and bank branches for everyday needs.
Average price in the area
The average capital value of a residential property at Sector 150, Noida is Rs 4,500 per sq ft. Apartments of 2BHK layout are available for an average price of Rs 52 lakh for the average unit size of 1,000 sq ft. Apartments of 3BHK layout are available at an average price of Rs 65 lakh for the average unit size of 1,500 sq ft. Spacious luxury homes of 4BHK layouts are priced at an average rate of Rs 1.40 crore with an average unit size of 3,000 sq ft.
PropGuide's verdict
For many homebuyers looking to invest in Noida, Eureka Park Phase 1 could be the right option as the locality is one of the fastest developing micro-markets with upcoming metro connectivity and corporate offices in the vicinity.
Check out Eureka Park on PropTiger.com.