Auriel Towne in Greater Noida West
Real estate developer NCR Group recently announced the launch of ‘Auriel Towne’to be developed at Plot No. 31, Knowledge Park V, Greater Noida West. in NCR this is the maiden project of the group that has already delivered three projects in Dehradun and one in Mussoorie.
Auriel Towne will be a mixed-land use project, whose commercial part has been launched first. The total area of the project is 10 acres/40,500 sq. mtrs. approx., where residential part will comprise of 3.25 lakh sq. ft. and 12 lakh sq. ft. for the commercial development. The commercial set up will offer approximately 1,000 units of corporate studios in two sizes of 345 and 380 sq. ft., 500 retail spaces in six sizes varying from 115-285 sq. ft., 900 office spaces in three unit sizes, 315, 365 and 410 sq. ft., along with a hospitality division. The residential part will offer 80 units of villas and 80 units of 1/2/3 BHK apartments.
The project is a brainchild of consultancy company, Property Guru, which has presented this project in line with the, ‘Noida Start Up Yojna’, wherein any commercial property purchase if planned, will be made available at a cost of Rs 12 lakh to meet and fulfil the dreams of lakhs of aspirants who prefer real estate as a profession and career. This project is an initiative to support government’s plans of Make In India, Digital India and Start Up India.
The project will be accessible from Noida City Centre Metro Station via 15 minutes drive, 10 minutes drive from the proposed Greater Noida West Metro Station/NH 24/ Pari Chowk, 2 minutes drive from the to be operational FNG Expressway, 15 minutes driving distance from Shipra Mall/Fortis Hospital, 20-25 minutes drive from DND Flyway and Sector 18 Noida’s Atta Market.
The current starting price for retail shops Rs 10,000 per sq. ft., Rs 3,999 per sq. ft. for office spaces and Rs 11,90,000 for corporate studio space. The company plans to deliver the project by December, 2020. All the documents relating to land ownership and commencement of construction are duly met, and the land is itself approved by GNIDA. There is a special scheme for CA’s, Doctors, IT Professionals, Lawyers and Industry consultants. The registration amount for the property will be Rs 5,100 with availability of property purchase without any bank loan.
