Ajnara City in Greater noida West

Ajnara India Ltd. Launched Ajnara City in Greater Noida West last week. With the launch of this project, the company also performed  Bhoomi Poojan at the site itself to signal commencement of work on the project. The project has been launched keeping in mind the target audience in the region along with the current government's 'Housing for All' and 'Affordable Housing' missions.

This entire development by Ajnara India Ltd. would be in the form of an exclusive sports hub spread across an area of 175 acres. Out of this, only 62.5 acres would be utilised for residential development. Ajnara City will have a total of 4,000 units comprising 2/3/4 BHK apartments which would enclose a sports park of 13 acres at the center of the development. Unit sizes in Ajnara City would range from 895 sq. ft. to 1395 sq. ft., and prices would start from Rs 17.8 Lakh onwards. 

The eligibility criteria would be for employees of any central/state government, all defence & allied service organisations, PSUs, public sector banks, railway & transportation, communication, aviation and hospitality. 

The company will commence the delivery of the project by offering its first phase, comprising 1,130 units where 345 units of 2 BHK and 785 units of 3 BHK will be offered by December, 2020. Speaking about the project, Ashok Gupta, CMD of Ajnara India Ltd. said, "We have come up with this new project in Greater Noida West which is going to feature amenities like Yoga Centre, unisex salon, shopping complex, Doctor on Call, rainwater harvesting etc. The project has been very articulately designed by the renowned architect Hafeez Contractor. With competitive pricing, locational advantages and luxurious amenities, we are sure to win hearts." 

Manorath in Wave City

Wave Infratech launched "Manorath" in Wave City-NH24 earlier this week under Prime Minister Awas Yojna (PMAY) in the affordable housing segment, thereby becoming one of the few developers to launch a project under this scheme. PMAY aims to provide 2 crore low cost homes across the country by 2022. The scheme makes it extremely convenient for economically weaker section and lower income group to own a home. Giving a fresh impetus to the scheme, the Prime Minister recently announced several other incentives that widen the scope of beneficiaries under this scheme. Located on 57-meter wide road, in sector 6 (Palmwood Enclave), the specifications, amenities and facilities in Manorath are high quality. The proposed smart features of Wave City are an added advantage for prospective residents. The project is expected to be delivered in three years.

Manorath will have two towers in G+14 structure comprising 356 units. Available in 1BHK, 2BHK and 2BHK+study in sizes 434 sq. ft., 678 sq. ft. and 790 sq. ft. and priced at Rs 8.4 lakh, Rs 13.1 lakh and Rs 17.98 lakh, respectively. While parking for two-wheeler is free for 1&2BHK homes, car parking is free for 2BHK+study option. Booking price starts at Rs 51,000. Commenting on the development,  Munish Mishra, Sales Head, Wave City said: "We are fully committed to provide low cost quality housing and help elevate the lifestyle of our patrons. With interest rate declining and PMAY providing for interest subsidy, it's a great time for homebuyers to purchase a home in Wave City."

Beneficiaries can apply for housing loan under CLSS (Credit Linked Subsidy Scheme) at all bank branches. Under this scheme, an interest subsidy up to Rs. 2.2 lakh will be available.

Wave City has commenced the possession of plots, Prime Floors and Wave Floors. Over 500 families have taken possession of plots while around 100 families have taken possession of independent floors. Construction is on in full swing on residential flats viz. Dream Homes and Wave Executive Floors.