FAQ's

Yes, the project land has been allotted by Noida Authority, and the project land has been leased to developer for development.

It is lease hold. All properties in Noida are lease hold.

The period of lease deed is leased for standard period i.e. 90 years, commencing from the date of execution of lease deed.

A sub lease deed will be executed in the favor of Unit Allottee and will be registered with Sub Registrar of Gautam Budh Nagar.

Project has all the statutory approvals from respective authorities. (approvals can be seen in the office of developer)

Yes, the development and construction of Tower A is already in progress.

Since the property has been allotted by Noida Authority for lease, therefore the developer is required to pay lease rent to Noida Authority. The lease rent being recovered from the clients will be paid to Noida Authority towards all lease rent dues upto 90 years from the date of registration of lease deed.

The project has 65% area under green/open.

Minimum size of unit in Tower A is apprx. 600 sq.ft. And maximum floor plate of 15000 sq.ft. is under offering.

Yes, you can lease are from developer for a period of 9 years.

Interest free maintenance deposit, is a security deposit towards the recurring maintenance cost.

These charges are levied towards the capital cost of providing power back up/metering device as per company standard and standard load requirement.

The project will have 2 level basement parking alongwith few parking on surface.

Unit buyer has to purchase one car park every unit and subsequent car park on every additional 1000 sq.ft. area.

As per payment plan opted.

No, the project usage is limited by Noida Authority and only ITes and any service with extensive use of computers is permitted.

12% on the 85% of the basic sale price.

Yes, all such services have been planned/proposed.

Yes, as per Govt. norms.

Yes, as per Govt. norms.

No, the unit allottee has to bear all registration charges including stamp duty, legal & registration expenses.

2 years from the date of allotment.

No the Tower A of project is not centrally air‐conditioned, independent units will be installed by allottees. This will help keeping the maintenance cost of tower minimum.

No, the unit can only be transferred after making 30% of the Basic Sale Price and on payment of transfer charges of developer, if applicable.

Yes, you can transfer your unit with prior approval and on payment of Transfer Charges of Noida Authority.

Yes, you can with prior approval of Authority and on payment of renting charges, if any.

Yes you can subsequent to the principle approval of Bank for the project. We are in process of furnishing required documents from Noida Authority to Banks for extending financial assistance to unit buyers.