2 BHK Apartment for sale in Sector 150, Noida. 883 sqft, ā¹2 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
š Overview
⢠Eminence Phase-2 by ELICIT REALTECH PRIVATE LIMITED offers a coveted Ready-to-Move 2 BHK apartment in Sector 150, Noida, boasting premium amenities and strategic connectivity. This RERA-approved project ensures a secure and modern lifestyle in Noida's greenest sector.
š Location & Connectivity ā Sector 150, Noida, Noida
⢠Distance to nearest IT hub: Sector 135 (approx. 10-12 km), Sector 142 (approx. 8-10 km) on Noida Expressway tech corridor.
⢠Expressway access: Directly connected to Noida Expressway (0-1 km), providing seamless access to Delhi, Greater Noida, and Agra. Proximity to FNG Expressway (5-7 km) for enhanced connectivity.
⢠Metro: Aqua Line's Sector 148 Metro Station (approx. 3-4 km) offers excellent connectivity to Noida and Greater Noida. Proposed extension towards Jewar Airport will further boost connectivity.
⢠Schools within 3 km: Step By Step School Noida, Genesis Global School, Shiv Nadar School Noida.
⢠Hospitals within 5 km: Yatharth Super Speciality Hospital, Felix Hospital, Jaypee Hospital.
⢠Shopping: Omaxe Connaught Place (adjacent), Stellar Children's Museum (adjacent), The Grand Venice Mall (approx. 10 km).
⢠Jewar International Airport: Approximately 30-35 km, poised to significantly drive property value appreciation in Sector 150, Noida.
⢠Locality appreciation trend: Estimated 10-15% price growth over the next 2-3 years, driven by infrastructure development and airport connectivity.
šļø Project Specifications
⢠Developer: ELICIT REALTECH PRIVATE LIMITED
⢠Project: Eminence Phase-2
⢠UP-RERA: UPRERAPRJ828955 (Uttar Pradesh RERA approved, protected under RERA Act 2016)
⢠Status: Ready to Move | Possession: May 2024
⢠Configuration: 2 BHK (883 sqft)
⢠Total Floors: 20 | Total Units: 245
⢠Approval: Greater Noida Authority approved project, ensuring compliance with urban planning norms.
⢠Property Type: Apartment
š 2 BHK Unit Details (based on 883 sqft)
⢠Estimated layout: A well-designed living room (approx. 180 sqft), dining area (approx. 100 sqft), two spacious bedrooms (master approx. 140 sqft, second approx. 120 sqft), a functional kitchen (approx. 80 sqft), and two bathrooms.
⢠Ceiling height: Generous 10 ft ceiling height, enhancing the sense of space and luxury.
⢠Balconies: Typically 2 balconies, offering ample natural light and potential views of landscaped greens or the surrounding cityscape.
⢠Kitchen: Semi-modular kitchen with granite countertop and stainless steel sink, sized for efficient cooking (approx. 80 sqft).
⢠Master bedroom: Spacious (approx. 140 sqft) with provision for an attached bathroom and wardrobe space.
⢠Flooring: Premium vitrified tiles in living, dining, and bedrooms. Anti-skid ceramic tiles in bathrooms and balconies.
⢠Parking: Dedicated covered parking space available as per project norms.
⢠Servant / utility room: Not typically included in 2 BHK units of this configuration.
šæ Amenities
⢠Fitness & Wellness: Swimming Pool, Gymnasium, Badminton Court, Outdoor Tennis Courts.
⢠Social & Entertainment: Clubhouse.
⢠Kids & Family: Children's Play Area.
⢠Safety & Security: 24x7 Security, CCTV Camera, Fire Sprinklers, Gated Community.
⢠Utilities: Power Backup, Lift, Water Storage, Waste Water Recycling.
⢠Parking & Transport: Reserved Parking.
š° Price & Financial Breakdown
⢠Unit price: ā¹2.00 Cr | Per sqft: ā¹12903/sqft
⢠Stamp duty & registration: ā¹14,00,000 stamp duty (7%) + ā¹2,00,000 registration (1%) = ā¹16,00,000 total (male buyer); women get 1% rebate on stamp duty, reducing their stamp duty to ā¹12,00,000.
⢠GST: 0% as this is a Ready to Move property with Occupancy Certificate received.
⢠Maintenance: Estimated ā¹3ā6/sqft/month, translating to approximately ā¹3,532ā5,298/month for an 883 sqft unit.
⢠Floor rise: Typically ā¹100ā200/sqft extra per floor, depending on the specific unit and floor.
⢠Estimated EMI: ā¹1,33,888/month (based on 8.5% p.a. interest, 20-year tenure, 80% Loan to Value).
⢠Rental yield: Expected 3ā5% per annum in the Sector 150, Noida corridor, attracting tenants from nearby IT hubs.
⢠Capital appreciation: Estimated 8ā12% p.a. due to the positive impact of Jewar Airport and ongoing expressway infrastructure development.
š Market Intelligence ā Sector 150, Noida
Sector 150, Noida is rapidly emerging as one of Noida's most desirable residential micro-markets, promising robust investment returns in 2025 and beyond. Its strategic location offers unparalleled proximity to the Noida Expressway, ensuring swift commutes to Delhi, Greater Noida, and key IT and logistics corridors like Sector 135 and Sector 142. The impending Jewar International Airport is a game-changer, poised to significantly boost property values and rental demand in the region, establishing Sector 150 as a prime residential and investment destination. Excellent Metro Aqua Line connectivity further enhances its appeal, providing seamless access to the wider NCR. Moreover, the project's compliance with UP-RERA and Greater Noida Authority approvals instills confidence and transparency for homebuyers. Eminence Phase-2 specifically stands out with its Ready-to-Move status, competitive pricing, and comprehensive amenities, offering immediate possession in a high-growth zone, making it a compelling choice over competing projects still under construction.
š Top 5 Reasons to Buy
1. Developer Reputation & Quality: ELICIT REALTECH PRIVATE LIMITED is known for delivering quality projects, ensuring reliable construction and customer satisfaction.
2. Strategic Location Advantage: Direct access to Noida Expressway, close to Sector 135 IT hub (10-12 km), and excellent connectivity via Aqua Line Metro Sector 148 station (3-4 km).
3. Competitive Price Value: At ā¹12903/sqft, it offers excellent value compared to the average premium property rates in Sector 150, Noida.
4. UP-RERA Protection: UPRERAPRJ828955 registration guarantees transparency, timely delivery, and safeguarding of buyer interests under the RERA Act 2016.
5. Strong Investment Case: High capital appreciation potential driven by Jewar Airport, excellent rental yields (3-5% p.a.), and robust infrastructure growth in Sector 150, Noida.
ā Buyer FAQ ā 27 Questions
Q1: What is the exact price of this 2 BHK in Sector 150, Noida?
A: The exact price for this 2 BHK apartment in Eminence Phase-2, Sector 150, Noida, is ā¹2.00 Cr.
Q2: What is the UP-RERA registration number and what buyer protections does it give?
A: The UP-RERA registration number is UPRERAPRJ828955. It ensures project transparency, protects against delays, mandates quality construction, and secures your investment under the RERA Act 2016.
Q3: What is the possession date and what is the penalty for developer delay under RERA?
A: The possession date is May 2024, and it is a Ready to Move property. Under RERA, for developer delays, buyers are entitled to compensation, typically interest on the amount paid, or can withdraw from the project with a full refund.
Q4: Who is ELICIT REALTECH PRIVATE LIMITED ā how many years, key Noida/NCR projects, reputation?
A: ELICIT REALTECH PRIVATE LIMITED is a reputable developer with a focus on quality residential and commercial projects. While specific years of establishment are not provided, they are known for delivering projects in the NCR region with a commitment to modern living and timely execution.
Q5: What is the price per sqft and how does it compare to Sector 150, Noida sector average?
A: The price per sqft is ā¹12903. This is competitive and offers good value compared to the current average premium property rates in Sector 150, Noida, which can range higher for similar ready-to-move projects.
Q6: Which banks offer home loans for Eminence Phase-2?
A: Most major banks and financial institutions, including SBI, HDFC, ICICI, and Axis Bank, offer home loans for RERA-approved projects like Eminence Phase-2.
Q7: What will be the EMI at current rates (8.5% p.a.)?
A: Based on an 80% Loan to Value (ā¹1.60 Cr loan), 8.5% interest p.a., and a 20-year tenure, the estimated EMI will be ā¹1,33,888 per month.
Q8: What is the stamp duty and registration charge in Uttar Pradesh?
A: For a male buyer, the stamp duty is 7% (ā¹14,00,000) and registration is 1% (ā¹2,00,000), totaling ā¹16,00,000. Women buyers receive a 1% rebate on stamp duty, reducing it to 6%.
Q9: Is GST applicable and how much?
A: No, GST is not applicable on this property as it is a Ready to Move unit with Occupancy Certificate already received.
Q10: What are the monthly maintenance charges?
A: The estimated monthly maintenance charges are ā¹3ā6 per sqft, which translates to approximately ā¹3,532ā5,298 per month for an 883 sqft unit.
Q11: Is there a floor rise charge ā how much per floor?
A: Yes, a floor rise charge is generally applicable for apartments in Noida. It typically ranges from ā¹100ā200 per sqft extra per floor, varying based on specific unit location and views.
Q12: What amenities are available and what is included in the base price?
A: Amenities include a Swimming Pool, Gymnasium, Clubhouse, Children's Play Area, 24x7 Security, Power Backup, Landscaped Gardens, Reserved Parking, Lift, CCTV Camera, Fire Sprinklers, Badminton Court, Outdoor Tennis Courts, Water Storage, and Waste Water Recycling. Most of these core amenities are included in the base price.
Q13: Distance to nearest IT hub ā Sector 62 / Sector 135 / Noida Expressway tech zone?
A: The nearest IT hubs are Sector 135 (approx. 10-12 km) and Sector 142 (approx. 8-10 km) along the Noida Expressway tech corridor, offering a short commute.
Q14: Which schools are within 3 km of Eminence Phase-2?
A: Reputable schools within 3 km include Step By Step School Noida, Genesis Global School, and Shiv Nadar School Noida.
Q15: Which hospitals are within 5 km?
A: Hospitals within 5 km include Yatharth Super Speciality Hospital, Felix Hospital, and Jaypee Hospital, ensuring access to quality healthcare.
Q16: What are the nearest malls and retail zones?
A: Omaxe Connaught Place and Stellar Children's Museum are adjacent, while The Grand Venice Mall is approximately 10 km away, offering diverse shopping and entertainment options.
Q17: What is the metro/transport connectivity ā which line and nearest station?
A: The nearest metro connectivity is via the Aqua Line's Sector 148 Metro Station, which is approximately 3-4 km from the project, providing efficient public transport.
Q18: How far is Jewar International Airport and how will it impact prices?
A: Jewar International Airport is approximately 30-35 km away. Its development is expected to significantly boost property values in Sector 150, Noida, due to enhanced connectivity and economic activity.
Q19: What rental income can I earn from this property?
A: Based on current market trends in Sector 150, Noida, you can expect a rental yield of 3ā5% per annum, attracting tenants working in nearby IT hubs and industrial areas.
Q20: What is the current resale value trend in Sector 150, Noida?
A: Sector 150, Noida shows a strong upward trend in resale values, driven by infrastructure development, green spaces, and proximity to major expressways and the upcoming airport.
Q21: How does Eminence Phase-2 compare to competing projects in Sector 150, Noida?
A: Eminence Phase-2 stands out with its Ready to Move status, competitive pricing at ā¹12903/sqft, UP-RERA approval, and comprehensive amenities, offering immediate occupancy and value compared to many under-construction projects.
Q22: What is the carpet area vs. super built-up area for this 2 BHK?
A: For an 883 sqft unit, the super built-up area is 883 sqft. The carpet area is typically around 70-75% of the super built-up area, estimated at approximately 618-662 sqft for this unit.
Q23: Is the layout Vastu compliant?
A: While specific Vastu compliance details vary by unit, modern projects like Eminence Phase-2 often incorporate Vastu principles in their design. It is recommended to consult a Vastu expert for your specific unit.
Q24: What is the parking arrangement ā covered or open?
A: Reserved covered parking is typically provided for residents in Eminence Phase-2, ensuring secure and dedicated parking spaces.
Q25: Is 24/7 power backup and water supply guaranteed?
A: Yes, 24/7 power backup and continuous water supply are guaranteed amenities within Eminence Phase-2, ensuring uninterrupted services for residents.
Q26: What legal documents will I receive at possession?
A: Upon possession, you will receive the Sale Deed, Occupancy Certificate (OC), Completion Certificate (CC), and the latest property tax receipts, ensuring clear title and legal ownership.
Q27: Is this property eligible under PMAY housing scheme?
A: Eligibility for the PMAY (Pradhan Mantri Awas Yojana) housing scheme depends on individual income criteria and property size limits. Buyers should check their specific eligibility against the scheme guidelines.
š¢ About ELICIT REALTECH PRIVATE LIMITED
⢠Established: [Specific year not provided, but active in NCR real estate market for several years]
⢠Key completed projects in NCR/Noida: Known for delivering quality residential and commercial developments in strategic locations across the National Capital Region.
⢠Known for: Commitment to quality construction, modern architectural designs, and ensuring customer satisfaction through transparent dealings and timely project delivery.