Portfolio rebalancing, I'm analyzing Novel Homes. What's the actual resale market like? Is it investor-heavy, risking ghost society? I'm skeptical about long-term capital appreciation. Change my mind.
Novel Homes by Novel Group is a landmark residential development spread across 1.25 acres in Sector 44, Noida. Comprising 80 units across 3 towers, it offers 1 BHK from ₹0.23 Cr, 2 BHK from ₹0.32 Cr, 3 BHK from ₹0.4 Cr with world-class amenities including Children's Play Area, Entrance Lobby, Vaastu Compliant, Fire Sprinklers, Landscaping & Tree Planting, and more.
Novel Homes by Novel Group in Noida starts from ₹23.1 L. It offers 1 BHK from ₹0.23 Cr, 2 BHK from ₹0.32 Cr, 3 BHK from ₹0.4 Cr with an average rate of ₹4.2 K/sq.ft — making it a competitively priced entry into the Sector 44 micro-market.
Novel Homes by Novel Group in Sector 44, Noida has obtained all necessary environmental clearances, building permits, and approvals. RERA number RERA registered confirms regulatory compliance. Buyers can request copies of clearances from the developer.
Novel Homes by Novel 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.
Yes, site visits to Novel Homes by Novel Group in Sector 44, Noida can be scheduled through Propmyna. The project has 80 units across 3 towers on 1.25 acres offering 1 BHK from ₹0.23 Cr, 2 BHK from ₹0.32 Cr, 3 BHK from ₹0.4 Cr from ₹23.1 L.
Comments
Totally agree with you! Novel Homes ka naam suna hai, but kabhi positive feedback nahi mila. 80 units ka project hai, 2016 se completed hai, toh ghost society ka dar toh rahega hi. Kya koi rehta hai wahan ya sirf investors ne leke chor diya hai?
Haan bhai, sahi pakde ho! 80 units bahut kam hote hain for a vibrant society. Definitely investor-heavy lag raha hai.