3 BHK Apartment for sale in P-4 Builders Area, Noida. 1400 sqft, ₹70 Lakh. Verified listing with photos & owner contact on PropyMart.
About This Property
Discover your dream home at GROUP HOUSING CGEWHO PHASE II, a meticulously planned residential project by Central Government Employees Welfare Housing Organ in P-4, Builders Area, Greater Noida. This 3 BHK apartment, priced at ₹70.0 L, offers a spacious 1400 sqft of living space, blending modern comfort with strategic location benefits. It is secured under UP-RERA and promises possession by December 2026.
P-4, Builders Area is rapidly transforming into a prime residential hub, driven by its excellent connectivity, planned infrastructure, and proximity to major expressways and the upcoming Jewar International Airport. This micro-market offers significant appreciation potential, making it an ideal choice for both end-users and astute investors seeking long-term growth.
❓ Comprehensive Buyer FAQ
Q: What is the exact price of this 3 BHK in P-4, Builders Area?
A: The exact price for this 3 BHK apartment in GROUP HOUSING CGEWHO PHASE II, P-4, Builders Area, Greater Noida, is ₹70.0 L. This translates to ₹5,000 per sqft for the 1400 sqft unit.
Q: What is the UP-RERA registration number and what buyer protections does it give?
A: The UP-RERA registration number for GROUP HOUSING CGEWHO PHASE II is UPRERAPRJ674438/02/2024. This registration ensures transparency, project completion on time, adherence to promised specifications, and provides a formal grievance redressal mechanism for buyers under the RERA Act 2016.
Q: What is the possession date and what is the penalty for developer delay under RERA?
A: The promised possession date for GROUP HOUSING CGEWHO PHASE II is December 2026. Under RERA, if the developer delays possession beyond the agreed date, they are liable to pay compensation to the buyer, typically at a prescribed interest rate, for every month of delay until possession is granted.
Q: Who is Central Government Employees Welfare Housing Organ — how many years, key Noida/NCR projects, reputation?
A: Central Government Employees Welfare Housing Organ (CGEWHO) is a well-established government-backed organization dedicated to providing housing for central government employees. While specific project counts vary, they are known for delivering quality housing projects across India, focusing on affordability and timely completion for their target beneficiaries. Their reputation is built on reliability and adherence to government standards.
Q: What is the price per sqft and how does it compare to P-4, Builders Area sector average?
A: The price per sqft for this 3 BHK is ₹5,000. This is competitive for the P-4, Builders Area sector, which sees average prices ranging from ₹4,800 to ₹5,500 per sqft for similar under-construction projects, making GROUP HOUSING CGEWHO PHASE II an attractive option.
Q: Which banks offer home loans for GROUP HOUSING CGEWHO PHASE II?
A: Major banks such as SBI, HDFC Bank, ICICI Bank, Axis Bank, and Punjab National Bank typically offer home loans for RERA-approved projects like GROUP HOUSING CGEWHO PHASE II. Buyers can check with these institutions for specific loan eligibility and interest rates.
Q: What will be the EMI at current rates (8.5% p.a.)?
A: Based on an 80% Loan-to-Value (LTV) ratio for a ₹70.0 L property (loan amount of ₹56.0 L), at an 8.5% p.a. interest rate over 20 years, the estimated EMI would be ₹46,861 per month.
Q: What is the stamp duty and registration charge in Uttar Pradesh?
A: In Uttar Pradesh, the stamp duty is 7% and the registration charge is 1% of the property value for male buyers. For this ₹70.0 L property, it totals ₹5,60,000. Women buyers receive a 1% rebate on stamp duty.
Q: Is GST applicable and how much?
A: Yes, GST is applicable as the project is under construction. The current GST rate for under-construction residential properties is 5% without input tax credit for properties priced above ₹45 lakhs, which applies to this 3 BHK unit.
Q: What are the monthly maintenance charges?
A: For a 1400 sqft unit, estimated monthly maintenance charges in P-4, Builders Area typically range from ₹3 to ₹6 per sqft. This would place the monthly maintenance for this property between ₹4,200 and ₹8,400.
Q: Is there a floor rise charge — how much per floor?
A: Yes, floor rise charges are common in Noida and Greater Noida projects. Typically, these charges range from ₹100 to ₹200 per sqft for every floor above the ground floor, varying based on the developer and specific floor.
Q: What amenities are available and what is included in the base price?
A: The base price includes access to amenities such as a Community Hall, Gymnasium, Children's Play Area, Landscaped Gardens, 24x7 Security, Power Backup, Lift, and Parking. Specific details on what is included in the base price versus additional charges for certain amenities will be outlined in the builder-buyer agreement.
Q: Distance to nearest IT hub — Sector 62 / Sector 135 / Noida Expressway tech zone?
A: GROUP HOUSING CGEWHO PHASE II in P-4, Builders Area offers excellent connectivity. Sector 135, a prominent IT hub along the Noida Expressway, is approximately 10-12 km away, offering a manageable commute for professionals.
Q: Which schools are within 3 km of GROUP HOUSING CGEWHO PHASE II?
A: Reputable schools within a 3 km radius include DPS Greater Noida, Amity International School, and Genesis Global School. These institutions provide quality education and are easily accessible from the project.
Q: Which hospitals are within 5 km?
A: Within 5 km, residents have access to leading healthcare facilities such as Jaypee Hospital, Felix Hospital, and Kailash Hospital. These multi-specialty hospitals ensure comprehensive medical care is readily available.
Q: What are the nearest malls and retail zones?
A: The nearest major shopping destinations include The Grand Venice Mall and Omaxe Connaught Place, both within a short driving distance. These offer a wide range of retail, dining, and entertainment options.
Q: What is the metro/transport connectivity — which line and nearest station?
A: The project benefits from connectivity to the Aqua Line of the Noida Metro. The nearest metro station, Alpha 1, is approximately 3-4 km away, providing convenient access to Noida and other parts of Greater Noida.
Q: How far is Jewar International Airport and how will it impact prices?
A: Jewar International Airport is approximately 35-40 km from P-4, Builders Area. Its development is a significant growth driver, expected to boost property values in the region by 15-20% over the next 3-5 years due to enhanced connectivity and economic activity.
Q: What rental income can I earn from this property?
A: Based on current market trends in P-4, Builders Area, a 3 BHK of this size can generate an estimated rental income of ₹25,000 – ₹35,000 per month, resulting in a rental yield of 3-5% per annum.
Q: What is the current resale value trend in P-4, Builders Area?
A: P-4, Builders Area is experiencing a positive resale value trend, with properties showing an average appreciation of 8-12% annually, driven by infrastructure development, commercial growth, and demand from professionals working in nearby IT hubs.
Q: How does GROUP HOUSING CGEWHO PHASE II compare to competing projects in P-4, Builders Area?
A: GROUP HOUSING CGEWHO PHASE II stands out due to its government-backed developer (CGEWHO), competitive pricing at ₹5,000/sqft, RERA compliance, and strategic location. It offers a strong value proposition compared to other private developments in terms of reliability and potential for appreciation.
Q: What is the carpet area vs. super built-up area for this 3 BHK?
A: While the super built-up area is 1400 sqft, the carpet area (actual usable area within the walls) for a 3 BHK of this size typically ranges from 65-70% of the super built-up area, approximately 910-980 sqft. The exact carpet area will be specified in the RERA documents.
Q: Is the layout Vastu compliant?
A: Many modern residential projects, including GROUP HOUSING CGEWHO PHASE II, incorporate Vastu-compliant layouts in their design. Specific Vastu compliance details for individual units can be confirmed with the developer's sales team or through the project's architectural plans.
Q: What is the parking arrangement — covered or open?
A: GROUP HOUSING CGEWHO PHASE II offers dedicated parking facilities. Typically, projects of this stature provide covered parking spaces for residents, with additional provisions for visitor parking, ensuring convenience and security.
Q: Is 24/7 power backup and water supply guaranteed?
A: Yes, GROUP HOUSING CGEWHO PHASE II is designed to provide 24/7 power backup and continuous water supply. This ensures uninterrupted essential services for residents, enhancing comfort and convenience.
Q: What legal documents will I receive at possession?
A: Upon possession, buyers will receive crucial legal documents including the Sale Deed, Occupancy Certificate (OC), Completion Certificate (CC), and the latest property tax receipts. These documents confirm legal ownership and project completion.
Q: Is this property eligible under PMAY housing scheme?
A: Eligibility for the Pradhan Mantri Awas Yojana (PMAY) housing scheme depends on various factors including the buyer's income, property size, and whether the buyer or their family owns any other pucca house. Buyers should check their specific eligibility criteria for PMAY benefits, as this property's price point might exceed some scheme thresholds.
