Jaypee Greens Gardens Isles, Noida

Noida Greater Noida expressway is a great location for long term and short term investors. The area has attracted renowned real estate developers due to its proposed hi-tech infrastructure developments and easy connectivity to Delhi, Noida, Greater Noida and Faridabad. The area has introduced new concepts such as integrated townships, group homes and plotted developments. Jaypee has also launched one of its flagships projects here named as Jaypee Greens Garden Isles, in sector 133 Noida expressway.

Will it offer higher returns on investment or is it good for end users?

PropTiger.com reviews the project.

The Product
Jaypee Greens Garden Isles are high rise apartments built with a Y shaped architecture and creates three sided open spaces in the structures. The project offers 2500 units of 2 BHK, 3 BHK and 4 BHK apartments. The super built-up area of 2 BHK apartment is 1,3605 sq. ft. ,for 3 BHK apartment it has two different sizes : 1,840 sq. ft.  and 1,995 sq. ft.  and for 4 BHK apartment is 2,690 sq. ft.  The project offers a vivid sporting arena known as Grand Fields,that spread in an area of 11 acres.

Amenities
Jaypee Greens Garden Isles offers basic as well as luxurious amenities. They are :

Gym
Swimming Pool
Jogging Track
Grand Fields (sports)
Club House
Spa
Snooker
Table Tennis

Location
Jaypee Greens Garden Isles is located in sector 133, Noida and the nearest landmark is Jaypee Hospital which is 2 Kms from the residential project. Some of the locational advantages are :
1) It is located in close proximity to DND flyway and is 13.8 Kms from here.
2) Greater Noida is nearly 30 Km from the project site via Noida-Greater Expressway.
3) The Indira Gandhi International Airport is located at a distance of nearly 24 kms via Mahatama Gandhi Marg.
4) Connaught Place from the project site is located at a distance of nearly 16 kms via Noida link road .

The Builder
Jaypee Greens is one of the arms of Jaiprakash Associates Limited which is the flagship company of Jaypee Group- an infrastructure conglomerate. Jaypee Greens has an experience of 15 years and expertise in building integrated complex which combines residential as well as commercial properties , golf course , entertainment avenues , etc. The firm has made a strong presence in Noida, Greater Noida, Agra . Key projects include Jaypee Greens Wishtown Noida, Jaypee Greens Sports City, Jade Apartments, etc.

Infrastructure and Future Prospects

Noida-Greater Noida stretch has witnessed an uplift in infrastructure due to policy initiatives by the new government. Property in Noida has appreciated to more than 30 % and still remains affordable as compared to Delhi and Gurgaon. Sector 133, is located in suburb of Noida expressway and is one of the popular localities to invest in. The area is developing in terms of social infrastructure and provides close proximity to educational institutions such as Galgotias Engineering College, Amity University, Sharda University, etc. Health care providers located nearby are Jaypee Hospital, JS Hospital etc. The project provides easy accessibility to The Great India Place, Centre Stage Mall and the upcoming DLF Mall of India, etc. Sector 133  lies close to hub of multinationals such as KPMG , Accenture, Accretive Health, Metlife in sector 125 and sector 135. Further there are plans to develop sector 144-147 as major employment hubs. U.P. government also plans to introduce rapid metro from Noida to Agra, this has attracted foreign investors to invest in the development of the Noida expressway stretch.

Price comparison
The project is priced at Rs. 5,200 per sq. ft. which is equal to the price of the locality. Jaypee Greens Garden Isles , Today Homes Ridge Residency and Paramount Floraville are  similar projects in sector 133. Today Ridge Homes has an average apartment price of Rs. 4,350 per sq ft, and Floraville is priced at Rs. 5,200 per sq. ft. Also 100 % projects in the locality are priced between Rs. 5,000 per sq. ft. to Rs. 6,000 per sq. ft. Therefore, it can be said the price of the project is justified. Also the price of the project has appreciated  by 8.3% in the last 24 months.

PropTiger's Rating

Overall Recommendation
Jaypee Greens Garden Isles is good for investment purpose as property in Noida will yield higher returns on investment due to proposed infrastructure developments in the area. Additionally, it is located in sector 133 which is close to employment hubs and makes it a good choice for working professionals. But, end users need to wait for atleast a span of 3-5 years as the social infrastructure is in a developing phase.

For detailed information regarding Jaypee Greens Garden Isles visit PropTiger.com and download propinsight report which has an in depth analysis of Price, Builder, Locality , Demand for the project.