sanskriti noida extension research report

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www.indianpropertyreview.com 1 for private circulation only IPR R ATINGS Location Facilities Value for Money Track Record Overall Rating L OCATION Sector 1, Greater Noida A MENITIES Swimming pool Gymnasium Cafeteria Tennis court B ASIC S ELLING P RICE Rs. 1,690 ($33.8) per sq ft M INIMUM A REA 2BHK – 793 sq ft E XPECTED C OMPLETION End 2012 F OR D ETAILS , C ONTACT T: +91-11-4707-9900 M: +91-98100-84344 E: [email protected] E ARTHCON S ANSKRITI A BOUT THE P ROJECT Sanskriti Noida Extension is a new residential project launched in Noida Extension by Earthcon Constructions Pvt. Ltd. 2BHK and 3BHK apartments are being offered in Sanskriti Noida Extension. The residential complex also contains some penthouses. The project is spread over an area of 16.25 acres of land. It is believed that the architecture of Sanskriti Noida Extension is outstanding, surrounded by greenery all around. L OCATION Sanskriti Noida Extension is located at GH-10, Sector 1, Greater Noida, better known as Noida Extension. Though it is located in little interiors but since lot many other projects are coming up in the same vicinity, therefore we expect good appreciation prospects for Sanskriti. It will be around 12km away from Noida City Centre Metro Station and 9 kms from the “Sai Mandir”. F ACILITIES The facilities to be provided at Sanskriti Noida Extension include swimming pool, gym, cafeteria, park, playground, shopping centre, aroma garden, ample parking space, tennis court and cricket practice pitch. It will also have theme based landscaping with lawns and 75% open green area. The complex will be Wi-Fi enabled with piped gas in each apartment. Each Tower will have grand entrance lobby and two level 24x7 security. Sanskriti also has eco-freindly features such as solar powered street lights and rain water harvesting and waste water recycling. Thus, one can say that the project will be enriched with both modern and eco friendly features, which will help in upgrading the lifestyle of an individual. It has been aptly titled as “Aapke Aadarsho Ka Ghar” V ALUE FOR M ONEY Sanskriti Noida Extension is offering its apartments under three different plans, viz Construction Link Plan (CLP), Flexi Plan (FP) and Down Payment Plan (DP). Also, the rates differ according to the floors. Other charges such as EDC, IDC, IBMS, Parking, Maintenance and PLC etc are applicable. The basic selling price ranges from Rs. 1,690 per sq.ft. to Rs. 2,060 per sq.ft. Area ranges from 793 sq.ft. to 1,467 sq.ft. So, the total cost for one apartment would range from Rs. 16 lacs to Rs. 36 lacs, depending upon the choice of the apartment, viz 2 BHK and 3 BHK. We believe that these are fair prices and can be afforded by both the lower and middle income group.

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Page 1: Sanskriti Noida Extension Research Report

www.indianpropertyreview.com 1 for private circulation only

IPR RATINGS Location Facilities Value for Money Track Record Overall Rating LOCATION Sector 1, Greater Noida AMENITIES Swimming pool Gymnasium Cafeteria Tennis court BASIC SELLING PRICE Rs. 1,690 ($33.8) per sq ft MINIMUM AREA 2BHK – 793 sq ft EXPECT ED COMPLETION End 2012 FOR DETAILS , CONTACT T: +91-11-4707-9900 M: +91-98100-84344 E: [email protected]

EARTHCON SANSKRITI

ABOUT THE PROJECT Sanskriti Noida Extension is a new residential project launched in Noida Extension by Earthcon Constructions Pvt. Ltd. 2BHK and 3BHK apartments are being offered in Sanskriti Noida Extension. The residential complex also contains some penthouses. The project is spread over an area of 16.25 acres of land. It is believed that the architecture of Sanskriti Noida Extension is outstanding, surrounded by greenery all around. LOCATION Sanskriti Noida Extension is located at GH-10, Sector 1, Greater Noida, better known as Noida Extension. Though it is located in little interiors but since lot many other projects are coming up in the same vicinity, therefore we expect good appreciation prospects for Sanskriti. It will be around 12km away from Noida City Centre Metro Station and 9 kms from the “Sai Mandir”.

FACILITIES The facilities to be provided at Sanskriti Noida Extension include swimming pool, gym, cafeteria, park, playground, shopping centre, aroma garden, ample parking space, tennis court and cricket practice pitch. It will also have theme based landscaping with lawns and 75% open green area. The complex will be Wi-Fi enabled with piped gas in each apartment. Each Tower will have grand entrance lobby and two level 24x7 security. Sanskriti also has eco-freindly features such as solar powered street lights and rain water harvesting and waste water recycling. Thus, one can say that the project will be enriched with both modern and eco friendly features, which will help in upgrading the lifestyle of an individual. It has been aptly titled as “Aapke Aadarsho Ka Ghar”

VALUE FOR MONEY Sanskriti Noida Extension is offering its apartments under three different plans, viz Construction Link Plan (CLP), Flexi Plan (FP) and Down Payment Plan (DP). Also, the rates differ according to the floors. Other charges such as EDC, IDC, IBMS, Parking, Maintenance and PLC etc are applicable. The basic selling price ranges from Rs. 1,690 per sq.ft. to Rs. 2,060 per sq.ft. Area ranges from 793 sq.ft. to 1,467 sq.ft. So, the total cost for one apartment would range from Rs. 16 lacs to Rs. 36 lacs, depending upon the choice of the apartment, viz 2 BHK and 3 BHK. We believe that these are fair prices and can be afforded by both the lower and middle income group.

Page 2: Sanskriti Noida Extension Research Report

www.indianpropertyreview.com 2 for private circulation only

TRACK RECORD Earthcon Constructions has been strategically serving various kinds of needs of its clients throughout the Indian sub-continent. The company focuses on offering real estate services to its local and multi-national clients. The company claims that its technology and service standards are well established and has good experience in delivering integrated solutions by advising, implementing and managing on behalf of property owners, tenants, and investors through every stage of the real estate process. Though the company has not developed any big ticket projects in the past but there are various niche projects under the name of Earthcon Constructions. These include Police Society in Noida, 20 Bunglow in Noida, and 30 Villas. The current projects of the company include Casa Royale in Noida, Casa Grande in Noida, Earthcon IT Residency in Greater Noida and the Naini Resort in Nainital.

OVERALL In our opinion, Sanskriti Noida Extension is a good project offered by Earthcon Constructions. Noida Extension is expected to become the next budget housing destination, therefore one can expect good appreciation prospects. The residential complex offers attractive amenities to its residents, which would enable them to live a modern and healthy lifestyle. In short, Sanskriti, Noida Extenstion can be defined as luxury and affordability coming together We are of the view that anyone looking for a house in Nodia Extension and having limited budget should definitely take Sanskriti Noida Extension into consideration to enjoy the unique amenities and a modern lifestyle.

Page 3: Sanskriti Noida Extension Research Report

www.indianpropertyreview.com 3 for private circulation only

D I SC L A I M E R : This report is for the personal information of the authorized recipient and doesn't construe to be any investment, legal or taxation advice. It is only for private circulation and use. The report is based upon information available to the public and other sources that we consider to be reliable. No representation or warranty, express or implied is made that it is accurate or complete, or that future results / events will be consistent with the opinion / information presented in this report and it should not be relied upon as such. The information / opinions expressed in this document are subject to change without notice. No action is solicited on the basis of the contents of the report. The report should not be reproduced or redistributed to any other person(s) in any form without prior written permission of Indian Property Review. The contents of this report are general and are neither comprehensive nor inclusive. It does not constitute personal recommendations or take into account the particular investment objectives, financial situations or needs of an individual client or a corporate/s or any entity/s. Persons who may receive this document should consider and independently evaluate whether it is suitable for his/ her/their particular circumstances and, if necessary, seek professional advice. Any such person shall be responsible for conducting his/her/their own investigation and analysis of the information contained or referred to in this document and of evaluating the merits and risks involved in the properties / companies forming the subject matter of this document. Information / opinions expressed in this document must not be relied upon as having been authorized or approved by the builder / company mentioned here or its directors or any other person. Neither Indian Property Review nor any of its affiliates, associates, representatives, directors or employees shall be responsible for any loss or damage that may arise to any person due to any action taken on the basis of this report. The value of, and income from property investments may vary because of the changes in the macro and micro factors given at a certain period of time. Foreign currencies denominated properties are subject to fluctuations in exchange rates that may have an adverse effect on the value or price of or income derived from the investment. All property investments involve risk and past performance doesn't guarantee future results. Please note that we and our affiliates, officers, directors, and employees, including persons involved in the preparation or issuance of this material; from time to time, may have bought or sold properties, and may buy or sell the properties thereof, of company (ies) mentioned here in or be engaged in any other transactions and earn brokerage or other compensation from the company (ies) discussed herein or may perform or seek to perform investment banking services for such company(ies) or act as advisor or lender/borrower to such company(ies) or may have any other potential conflict of interest with respect to any recommendation and related information and opinions. All disputes shall be subject to the exclusive jurisdiction of Delhi High court.

ABOUT INDIAN PROPERTY REVIEW Indian Property Review (IPR) provides reviews, ratings and research reports on Indian Real Estate. We critically review and rate a number of residential and commercial properties based on various criteria such as Location, Facilities, Value for Money and Builder's Track Record and recommend only the best ones to the clients. Our mission is to change the current unorganized nature of the Indian Real Estate industry by presenting useful analysis and information (often overlooked by property buyers) so that the clients can take informed decisions. We believe that the customers' opinion is of utmost importance. Therefore, we also provide users an opportunity to post their own reviews and ratings on our website. The collective ratings from multiple users carry more weight and help the potential buyers in selecting the right property.

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Poor W: www.indianpropertyreview.com E: [email protected]