Harsh Vihar Noida Extension The best Connected Project

Harsh Vihar Noida Extension The best Connected Project:

Noida Extension a well known location in NCR where affordable and luxurious, both types of homes and apartments are developing by the various builders. Though all Noida Extension having the best roads connectivity to the rest part of NCR, a project Harsh Vihar also having a great connectivity to the Ghaziabad, Noida, and Delhi itself.

The location of Harsh Vihar project is good because at the close vicinity of the project the Five schools are under construction and two of them are functional at present time. Other side ABES Engineering college is only 1.5 KM away. Gaur City Gole Chakker is hardly 3.5 KMs from Harsh Vihar Villas.

Harsh Vihar is a gated community with the security facilities so the residents of this society would get fully secure lifestyle here. In the boundary of the society the commercial shops are also under construction so daily needs things would be provided within the society premises.

In the society of Harsh Vihar some families are already living and all villas would get ready to move in very soon. So the investment would be fruitful and the homes are best suited for end use.

Metro Would be Going To Connect Noida Extension in Near Future

Metro Would be Going To Connect Noida Extension in Near Future:


The project of Noida Extension would going to connect with metro line soon, as we all are knowing that the metro line construction work is on progress and it will be functional soon. Another metro extension from sector 71 Noida would be very useful because a large part of population is living here in Noida Extension. A project namely Harsh Vihar Noida Extension is already is in under construction and some of part has provided to its customers.

Affordable Individual Villa in Noida Extension

Affordable Individual Villa in Noida Extension:-

Though, purchasing an individual home in NCR is a big and difficult task for middle class and lower middle class of people. Noida Extension having many high - rise apartments at the affordable cost and some premium apartments and individual villas at the premium cost.

At the present time I have gone through the information searched on internet a project is located at the prime location of the city namely Harsh Vihar Noida Extension, which having various options and sizes of individual expendable villas.

The prices and sizes are following:

57 Sq yards ( 565 sq ft)	Rs.20.00 lakhs
57 sq yards ( Duplex 1200 sq ft)	Rs.26.99 lakhs
72 sq yards ( 780 sq ft)	Rs.25.50 lakhs
80 Sq yards (850 sq ft)	Rs.28.00 lakhs
90 sq yards (950 sq ft)	Rs.31.50 lakhs
100 sq yards ( 1080 sq ft)	Rs.35.00 lakhs

Time is Favorable to Home Buyers

Time is Favorable to Home Buyers:-

After many years the time has come to in favour of Home Buyers because many years back property market was rapid in changing the price. Now, at present time it has been seen that the prices of property are stable for long time so this is the best time to purchase your dream home.

The reform of financial policies of the Indian Government the things are in favor of buyer, the home loan is available on some lower rate of interest.

Rera also would be playing a positive role in term of security of buyers in new launched project so Harsh Vihar Noida Extension is a new launched project at the prime location of Noida Extension.

How GST will also impact real estate market, The switch-over to the GST regime is undoubtedly one of the biggest tax reforms in post-independence India. From today, GST effectively cuts through a confounding Gordian knot of taxation complexity in the country. In other words, it replaces the multiple taxes levied by the central and state governments and will become subsumed of all the indirect taxes, including central excise duty, commercial tax, octroi tax/charges, Value-Added Tax (VAT) and service tax.

GST has been predominantly conceptualised around a ‘One Nation, One Tax’ philosophy and will:

· Help eliminate the previous cascading tax structure

· Ease compliances

· Create uniform tax rates and structure, and

· Help in reducing additional tax burdens on consumers.

Affordable Homes at Prime Location of Noida Extension.

Affordable Homes at Prime Location of Noida Extension:

Noida Extension is a part of Greater Noida and officially known as Greater West, It spread over nearly 3,635 hectares, Noida Extension is the starting point is cross of Hindan River and it is well connected to Central Noida Location. The name Noida Extension was initially used by builders to refer to certain pockets of Greater Noida because the location is close to Noida. This was done to differentiate it from both Noida and Greater Noida, and also to make it clear to potential home buyers that it’s close to Noida.


The Part of Greater Noida formally known as Noida Extension is well known for affordable houses at the prime location of NCR in-fact Noida and Greater Noida. Here many builders having their projects in which high - rise apartments and low -rise apartments are developed at the affordable cost.

A project namely Harsh Vihar Noida Extension launched by builder in which individual homes are developed at the affordable cost. The project Harsh Vihar is affordable because the builder is developing it on the small size of plots  so that any lower middle class of people can purchase their dream home here.

Noida Extension a Well Connected Destination in NCR: Affordable Harsh Vihar Villas

Noida Extension is the fastest emerging Residential and commercial hub of Delhi NCR, It is surrounded by lush green natural environment and developed on the banks of River. Noida Extension is offering 1/2/3/4 BHK Homes for all class of people. Though individual villas are some costly but a project is known as an affordable category namely Harsh Vihar Noida Extension.

The Noida Extension area is having the world class infrastructure development with roads, and metro connectivity in near future. Schools, institutes and healthcare fields are also going to develop soon. Many schools are functional there at present time.

The shopping complex such as in Gaur City going to become functional very soon, many commercial projects are under construction there in Noida Extension which is in close vicinity of Harsh Vihar Villas. People can get purchase their dream home at comparable affordable cost as per current market scenario. 

PMAY PRIMER - Interest subsidy on home loan under PMAY

The scheme under PMAY commences from January 1, 2017. The subsidy will be available for all home loans taken by eligible borrower on or after this date

The Union government is planning to disburse a subsidy of Rs 31,000 crore through credit-linked subsidy scheme under the Pradhan Mantri Awas Yojana (PMAY).As the scheme includes the middle-income group of households with income up to Rs 18 lakh per annum in this scheme, market-watchers say that this will promote sales among first-time homebuyers.
Here is a primer for the interest subsidy on home loan:
Q: What is subsidy scheme under the PMAY?
In the subsidy scheme under PMAY, a home loan borrower with a family income of up to Rs 18 lakh per annum is entitled for benefits, as shown in the chart, provided he or she is buying his or her first house.
The scheme contemplates an interest subsidy at the rate of 4% on loans of up to Rs 9 lakh for households with an income of up to Rs12 lakh per annum, and an interest subsidy of 3% on a loan of up to Rs 12 lakh for households with an income of up to Rs 18 lakh per annum.
However, while a homebuyer can borrow any amount, the subsidy will be given on the a maximum amount of Rs 9 lakh and Rs 12 lakh, in the respective salary brackets, at 4% and 3% respectively.
The subsidy for EWS or LIG households with an income of up to Rs 6 lakh is 6.5% for loans of up to Rs 6 lakh.
This is also known as credit-linked subsidy scheme.
Q2: What is the effective date of commencement of the scheme; will it be also applicabl le retrospectively to applicants whose loans are still under consideration?
The scheme under PMAY commences from January 1, 2017. The subsidy will be available for all home loans taken by eligible borrower on or after January 1, 2017.
All those whose home loans have been disbursed on or after January 1, 2017 can claim the subsidy and can ask the disbursing bank to process their application under the scheme.
Q3: In terms of eliigibility, is the income calculated on an individual basis or a family basis?
The income will be calculated on the household basis, which includes the income of the borrower and his or her spouse.
Q4: On what basis has s the NAV of 9 % been calculated and is this indexed on any variable parameter sets?
The NAV (net asset value) is computed mainly to standardize the scheme. However, the net subsidy amount will vary if the home loan rates offered by banks or NBFCs change.
Q5: What is the process of crediting the interest subsidy?
The subsidy is released by the government through Central Nodal Agency (CNA), like National Housing Bank or HUDCO, for the purpose of disbursement made by banks and housing finance companies to the beneficiaries.
Subsidy given by the government is credited by the bank or the housing finance company that received the subsidy through CNA to the borrower's home loan account upfront by deducting it from the principal loan amount.
Because of this, the borrower will pay EMI on the remainder of the principal amount.
If a borrower with a house hold income of Rs 15 lakh borrows Rs 50 lakh from a housing finance company to buy a house, the bank will send his application for the subsidy to the desig nated CAN while processing his loan. Officials of CAN claim that the subsidy is disbursed within a few weeks of receiving the application.
In the Rs 18 lakh income category, the net present value of the subsidy works out to be around Rs 2,30,000, for a loan of Rs 50 lakh on a repayment peri od of 20 years, at an interest rate of 8.25%. This amount will be deducted from the borrower's princi pal amount and the borrower will, in effect, have to pay an EMI on around Rs 47,70,000. This will reduce his EMI by around Rs 1,961.
But for the smaller loan amount, savings--in per centage terms--is huge. On a Rs 10 lakh loan for 20 years at 8.25%, the subsidy results in the reduction of EMI from Rs 8,500 to Rs 6,200--at 27%!
Q6: Which institutions give this benefit? ?
Lending institutions like banks, housing finance companies, regional rural banks, state cooperative banks, urban cooperative banks, and NBFCs, which give home loans, also extend the benefit to borrowers.
The government is also trying to rope in developers to assist borrowers to secure the benefit.

Harsh Vihar Noida Extension is a project in which individual villa are developing in Noida Extension. This is the suggested project and home loan also available.