How big is Purvanchal Vidyut Vihar by Purvanchal Group?
Purvanchal Vidyut Vihar is a large-scale residential development by Purvanchal Group spread across 7.0 acres in Sector 62, Noida. It comprises 3 towers housing 220 units with 3 BHK from ₹1.02 Cr, 3 BHK from ₹1.06 Cr and comprehensive amenities including Children's Play Area, Service Lift, Lift(s), Landscaping & Tree Planting, 24x7 CCTV Surveillance, and more.
Can I get a home loan for Purvanchal Vidyut Vihar?
Yes, Purvanchal Vidyut Vihar by Purvanchal Group (RERA: RERA registered) is approved by SBI, HDFC, ICICI, and Axis Bank. With prices starting at ₹1.0 Cr for 3 BHK from ₹1.02 Cr, 3 BHK from ₹1.06 Cr, buyers can avail home loans up to 80–90% of the property value.
Is Purvanchal Vidyut Vihar RERA registered?
Yes, Purvanchal Vidyut Vihar by Purvanchal Group is RERA registered under number RERA registered. All project details, timelines, and financial disclosures are available on the state RERA portal, ensuring full transparency for buyers.
What are the construction milestones at Purvanchal Vidyut Vihar?
Purvanchal Vidyut Vihar by Purvanchal Group follows a transparent RERA-disclosed construction schedule. Key milestones including foundation, structure, and finishing are publicly available under RERA number RERA registered on the state portal.
Does Purvanchal Vidyut Vihar have green and sustainable features?
Purvanchal Vidyut Vihar by Purvanchal Group incorporates eco-friendly features across its 7.0 acres development in Sector 62. The project's amenities include Children's Play Area, Service Lift, Lift(s), Landscaping & Tree Planting, 24x7 CCTV Surveillance, and more along with rainwater harvesting, waste management, and energy-efficient building standards.
Comments
Rental yield is good, but is the society well-managed? Sometimes older societies have issues with infrastructure or security. These hidden costs can affect your overall returns, especially for an NRI investor like me.
From an investor's perspective, I'd say capital appreciation might be muted now. The big jumps have already happened. Future growth will be linked to overall Noida market growth and infrastructure like the upcoming FNG Expressway connectivity. Don't expect 2x returns.
U16, so for a long-term hold (10+ years), does it still make sense? Or should one look at emerging sectors like 150 for higher appreciation potential, albeit with higher risk?
Exactly, U16. The market is maturing. But the stability of rental income in PVV makes it a good option for passive income, especially if you're not looking for speculative gains. Steady income is better than no income in delayed projects.
My neighbour is a tenant there, pays ₹19,000 for a 2BHK. He says the society is peaceful, but parking is a bit of an issue sometimes. Otherwise, it's very livable. For tenants, it's a good deal for the location.
U1, my advice would be to visit the society on a weekend. Talk to a few residents, check the amenities, and even visit a local broker to gauge the real-time resale and rental demand. Online numbers are good, but ground reality is key.
I'm a first-time buyer. Purvanchal Vidyut Vihar sounds promising for rental income. But what about the build quality? I've heard mixed reviews about some older Purvanchal projects. Is this one well-maintained?
Be very careful, U1. While the project is completed, Purvanchal's track record with other projects (especially delivery timelines) has been very poor. I was stuck with their another project in Greater Noida for 5 years extra. Resale mein bhi bahut paperwork issues aate hain with such builders.
U9, you hit the nail on the head! Builders like these make you pull your hair out. My friend had a similar nightmare with a different builder in Sector 78. Possession ke baad bhi list of issues thi.
Exactly, U9. Always check their RERA history for all projects, not just this one. Past performance is a good indicator of future headaches. But since PVV is already completed, maybe it's less risky for U1.
Resale market mein liquidity ka funda clear nahi hua. Is it easy to sell a unit there if I need to exit in 5-7 years? Or will it be a struggle to find buyers? Noida mein bahut supply hai aajkal.
U12, liquidity is decent for 2BHKs. Smaller units always have more demand. Bade units like 3BHKs take a bit longer. But since it's a well-established, low-rise society, families prefer it over high-rises. So, yes, sellable hai.
Haan, agreed U13. Plus, the location near NH24 and connectivity to Delhi makes it attractive. Log Gurgaon se bhi shift ho rahe hain Noida for better prices, so demand badh rahi hai for ready properties.
Bhai, Purvanchal Vidyut Vihar is a solid choice, especially if you're looking for something ready-to-move. Location wise bahut prime hai, right next to Sector 62. Appreciation has been decent over the last 5 years, not phenomenal like some new sectors, but steady. What kind of unit are you looking at?
Steady matlab kitna, U2? Numbers batao na. 5 years mein kitna jump hua hai on average for a 2BHK? I heard initially they were selling for 35-40L range, ab 50-55L hai. Is that even 5% CAGR?
Totally agree U2! My cousin bought there in 2018 for ₹42L. Abhi last month uske neighbour ne ₹54L mein becha. So yeah, decent appreciation, living standards bhi achhi hai wahan. It's a mature society.
U1, I own a 2BHK there. Bought in 2017 for ₹40L, now market value is around ₹52-55L. So 12-15L appreciation in 6-7 years. Not bad, but not a 'doubling' type investment. Rental yield is the main draw here, I'm getting ₹18,000/month easily for a semi-furnished unit.
₹18k for a 2BHK? That's decent! What about maintenance charges? They can eat into your yield. Also, is it tough to find tenants? Kahi vacancies toh nahi hoti zyada?
U5, that rental yield is almost 4.5-5% which is pretty good for Noida. Most new projects struggle to give more than 3-3.5%. This area has demand because of offices in Sec 62/63 and good connectivity.
Been tracking Noida properties for a while, and Purvanchal Vidyut Vihar has been on my radar. Since this project is already completed, capital appreciation ka past trajectory kya raha hai for its ₹43-55L units? I'm curious about the actual rental yield people are getting here. Also, resale market mein liquidity kaisi hai? Matlab, long-term exit strategy ke liye ye project kitna viable hai? Any insights on its appreciation post-completion would be helpful.