Posts

YAMUNA EXPRESSWAY: INDIA’S BEACON OF INFRASTRUCTURE DEVELOPMENT

Image
India has witnessed quite an astounding surge in infrastructural development. One such pivotal development is the  Yamuna Expressway , also known as Taj Expressway. This giant expressway is a ripple in transformation while positively impacting rural and urban Northern India.  In this article, let’s delve deeper into this significant expressway that connects Noida with the historical Agra.   The Conception The story of this magnificent expressway began in the early 2000s. The 6-lane expressway, which is 165 km long, was laid down to drastically reduce travel time. It delivered the much-needed travel ease for commuters through Delhi – Noida – Agra.  The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) commissioned the project, and in 2007 the construction was initiated.  This mega-project spans an impressive length, and a remarkable point is that international standards were followed throughout its construction. It also aimed to drive regional development and promote s

NOIDA’S VED VAN PARK – INDIA’S FIRST-EVER VEDIC THEME PARK

Image
India’s first-ever Vedic Theme Park,   Ved Van Park , was officially inaugurated by the chief minister of Uttar Pradesh, Yogi Adityanath.  If you want to visit, the newly opened Ved Van Park is in sector 78 in Noida. Construction began in January 2021, and the park’s soil was compacted as it was built on a former trash yard.  Pic Courtesy: Newway Journey Ved Van Park is a unique spot for fun and constructive activities with friends and family. It offers a wide range of amenities and areas for recreational facilities while rejuvenating the Vedic beliefs and culture with its theme.  Ved Van Park Features  The Ved Van Park in Noida Sector 78 has ample greenery with several modernized attractions for visitors. The entire construction project was completed with a total cost of Rs 27 crores.  Interestingly, the park has sculptures and murals representing Atharva Veda, Yajur Veda, Sama Veda, and Rig Veda. Furthermore, the park has technologically advanced attractions, like sound and laser dis

NRIS: INCOME TAX RULES TO KNOW WHEN SELLING INDIAN PROPERTY

Image
  Did you buy a property in India that you now want to sell at a profit? Before you move forward with the sale process, make sure to learn about the different income tax rules applicable to an NRI looking to sell a property in India.  This blog discusses everything you need to understand about capital gains tax and tax exemptions.  How Much TDS Must an NRI Seller Pay on The Sale of Property in India? TDS stands for Tax Deducted at Source. According to the law, the resident buyer must deduct 20% TDS as Long-Term Capital Gains Tax while purchasing a property from an NRI Seller if it has been held for over two years.  However, NRIs have to pay a TDS of 30% if they sell their property in India within two years of buying it. It should be noted that this tax is deducted as Short-Term Capital Gains Tax. Don’t forget that the deduction also includes TDS plus surcharge, education cess, and health.  The tax an NRI is liable to pay on the gains is determined by whether it’s a short-term (under 2

2 BHK FLATS IN NOIDA – GAME CHANGING LUXURY RESIDENTIAL PROJECTS

Image
Noida has developed into one of India’s fastest-growing cities, drawing both professionals and corporations. The demand for 2 BHK flats in Noida as well as luxury apartments has risen significantly due to its rapid development and connectivity to the National Capital Region (NCR), which includes Delhi, Gurgaon, Faridabad, and Ghaziabad. This cosmopolitan city is renowned for its well-planned infrastructure, wide roads, green spaces, and efficient public utilities. It is also home to several IT and business parks, making it a hub for multinational companies like Samsung, HCL, and Accenture. The city is well connected via a network of expressways, highways, and the Delhi Metro. Let’s not forget that Noida’s residential and commercial developments are accompanied by rapid growth in education and healthcare facilities. Renowned institutions such as Amity University, Galgotias University, and Jaypee Hospital are located here. For leisure and entertainment, Noida offers an array of malls, mu

NOIDA SECTOR 150 – INTERNATIONAL CRICKET STADIUM

Image
International cricket matches, including IPL events, are expected to be played in Noida soon since the Uttar Pradesh Cricket Association (UPCA) has approved the plan to develop a state-of-the-art stadium as per the Sports City Project near the Noida-Greater Noida Expressway. Every sector in Noida is equally unique, and Sector 150 has been chosen to build a new cricket stadium, which will be completed in 3 years. The stadium will offer multiple sports facilities, ultimately boosting growth in the region.  Interesting Facts About The Cricket Stadium In Noida Sector 150 What’s interesting to note here is that the proposal to build a cricket stadium in Noida has been approved with clear instructions to ensure that the new facility follows the norms of international cricket control board specifications.   Read More:  Why Is Noida Expressway Property A Great Investment? Let’s dive deeper into the details of the cricket stadium in Noida Sector 150 which will soon be full of cricket fans and c

NOIDA: NORTH INDIA’S INVESTMENT HUB YOU CAN’T IGNORE

Image
Closely located to Delhi and covering 20,316 hectares, Noida remains as one of India’s most popular investment markets. Not only for large investors and corporates, Noida adds value to retail investors, HNIs, and small company owners as well.  Once considered New Delhi’s industrial suburb, Noida and its neighbouring expansion, as well as Greater Noida, have gradually become an investment hub.  From 2016 to 2021, Noida received INR 64,000 crore in funding, which resulted in the creation of approximately 4,50,000 employment opportunities. With Noida residents having a greater per capita income compared to their Delhi counterparts, it is one of the most affluent areas in Uttar Pradesh. The metropolis has a populace of slightly less than a million people. A Haven For Investors   Real estate in Noida   has remained an investor’s favourite since its rise in the 1990s. Investors from various North Indian regions, including Agra, Lucknow, Kanpur, etc., have shown much interest in Noida’s real

NOIDA’S LUXURY PROPERTY MARKET: A LOOK INSIDE THE HOTTEST DEVELOPMENTS

Image
  Many of India’s renowned property developers, including   ACE Group , confirm that a massive number of people are now considering investing in luxury apartments with facilities like heated pools, concierge services, clubhouses, vast green open spaces, multi-level parking, spas, etc.  These amenities add convenience and comfort to residents’ lives, allowing them to enjoy an enhanced lifestyle. When comparing luxurious apartment buildings with old independent housing societies, the latter undoubtedly falls short in providing a wide range of recreational services.  The sudden boom in India’s luxury housing market is the result of increased demand for large residential spaces after the pandemic. What’s important to note here is that an economic slowdown in 2019 halted the development of luxury residential properties, and the pandemic further fueled the decline in the housing sector in 2020.  Read More:  The Astounding World of ACE Parkway However, it seems that the industry is finally re