Sobha Aurum in Greater Noida
Description
Sobha Aurum in Greater Noida
Sobha Aurum Greater Noida is a luxury housing project in Greater Noida by Sobha Ltd. It’s their first project in Greater Noida and the fifth in the Delhi-NCR region. The project is located in Sector 36 and comprises 420 apartments across two towers. The project spans 3.46 acres with a development potential of 9.3 lakh square feet. The project includes 1, 2, 3, and 4 BHK configurations, with unit sizes ranging from 739 sq ft to over 2,300 sq ft. Prices start from ₹1.12 crore for 1BHK units and go up to ₹3.48 crore for 4BHK apartments. The project is expected to have amenities such as a clubhouse, swimming pool, gymnasium, and kids’ play area.
Market Context and Potential
Sobha Ltd is investing approximately ₹800 crore in this project. The land for the project was acquired for around ₹160 crore. The apartments are being sold at approximately ₹14,000 per square foot.
Factors to Consider
Sobha Sector 36 Greater Noida is an area with ongoing development and infrastructure improvements. The upcoming Jewar Airport is expected to enhance the accessibility of the project. The project’s location in Sector 36 offers easy connectivity to Delhi, Noida, and other key areas of the National Capital Region (NCR). Sobha Ltd. has a strong reputation as a real estate developer, known for quality and transparency. The company has delivered around 145 million sq ft since its inception.
Sobha Aurum in Greater Noida
- Location: Sector 36’s connectivity and proximity to the upcoming Jewar Airport are positive factors.
- Developer Reputation: Sobha Ltd’s established presence and commitment to quality are advantageous.
- Pricing: The price per square foot and the overall price range should be evaluated against comparable properties in the Greater Noida market.
- Market Trends: The real estate market in Delhi-NCR, including Greater Noida, should be assessed for current trends and future growth potential.
- Amenities and Features: The project’s amenities and unit configurations should align with the investor’s requirements and preferences.
- RERA Approval: The project has received Uttar Pradesh RERA approval, which is a positive sign.
Based on the available information, Sobha Aurum appears to be a potentially good investment in Greater Noida, given the developer’s reputation, the project’s features, and the location’s potential. However, a thorough due diligence process is recommended, including a detailed market analysis, comparison with other projects, and assessment of personal financial goals.
Address
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Country India
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Province/State Uttar Pradesh
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City/Town Noida
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Neighborhood Greater Noida
Features
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