Project Of The Week: Patel Neo Town, Noida
Techzone 4, Noida, a promising residential hub in National Capital Region (NCR) , is situated close to the Noida-Link Road and DND Flyover. The main roads connecting the locality with other parts of Noida are the Main Road, Yamuna Expressway, Noida- Expressway and Sikandarabad Road. Good connectivity with a positive liveability index is what attracts developers and investors to the locality. In Techzone 4, Noida, Patel Neo Town is a new project by the Patel Group.
PropGuide discusses the project in detail:
The project
In Techzone 4, Noida, Patel Neo Town brings forth 3,500 apartments that redefine comfort. The project is spread over an area of 24 acres. Patel Neo Town is still under construction and the final version with modern amenities is expected to be ready by December 2018. These Vastu-complaint apartments can be purchased directly from the developer. Here are some of the key amenities that will be available to residents here:
A swimming pool
A clubhouse
A jogging track
Landscaped gardens
A Rainwater harvesting system
An intercom facility
A 24*7 security system
Power backup facility
Car parking area
Elevators
The developer
Patel Realty India Limited (PRIL) , a known residential developer, was founded in 2007. The group is headed by Pravin Bhai Patel. Patel Realty's property portfolio includes commercial, IT Park, retail, residential, hospitality, SEZ (special economic zone) , entertainment and waterfront development segments.
The locality
Techzone 4 is an upcoming residential locality in Noida, Uttar Pradesh. Located on a 130-m wide road and will soon be connected to Metro with a station coming up in proximity.
Thoroughfares: Noida-Link Road, expressways and the DND Flyover, Noida- Expressway, Main Road, Yamuna Expressway and Sikandarabad Road
Transportation Facilities: Hazrat Nizamuddin Railway Station (25.2 km) and Indira Gandhi International Airport (39.3 kilometers)
Educational Institutions: Aster Public School, Pragati Public School, Institute of Management Studies, Institute of Technology and Management, ABES IT Group of Institutions, Mahesh Memorial Public School, Graduate School of Business & Administration and Gautam Buddha Balak Inter College
Hospitals: Hospital & Ultrasound Centre, GR Hospital, Patanjali Arogya Kendra, Shri Balaji Eye Care Center & Optical Centre, Tripathi Nursing Home, Mhima Homeo Care Centre, Sudarshan Hospital, Mangalam Hospital and Child Care Centre
Banks: Punjab National Bank, Andhra Bank, Oriental Bank of Commerce, Yes Bank and Syndicate Bank
Shopping arcades: The Great India Place, Spice World Mall, SAB Mall, Riviera and Lifestyle
Recreation centers: Lotus Boulevard Club House, Glued Entertainment, iLan E-Sports Club, Synapsis Adventures Pvt Ltd and the Okhla Bird Sanctuary
Growth prospect
As per a report by PropTiger DataLabs, the new launches in Noida witnessed a monthly increase of 58 per cent in June. This attracts investors and buyers to buy plots and apartments in Noida. Tech Zone 4 is a great locality with a well-developed network of roads.
Price & size
The 1BHK apartments in Patel Neo Town sprawl over an area of 590 sq ft; the 2BHK apartments vary within the range of 930 sq ft and 1,135 sq ft; the 3BHK apartment are available in sizes varying within the range of 1, 150 sq ft and 1, 560 sq ft; and the 4BHK apartments vary within the range of 2, 280 sq ft and 2,490 sq ft. The price is made available on request.
PropGuide's verdict
Parameters | Rating |
Project | Good |
Location | Very Good |
Price | Good |
Builder | Good |
Overall Recommendations
If you are looking for a good project in Noida, then Patel Neo Town is an excellent option with great connectivity and luxurious apartments at affordable prices.