NBCC Aspire New Launch | NBCC Eternia in Greater Noida West

Summary

In this detailed analysis, we compare multiple real estate projects in Greater Noida, including NBC's Itternia, Gaur Group's Dream Valley, and Mansen Group's developments. The video evaluates key factors such as location, pricing, floor plans, and overall project response from buyers. Itternia stands out with its strategic location, modern design, and efficient pricing compared to competitors. Additionally, NBC's approach of using bulk auctions instead of direct allocation raises important questions. The video provides an in-depth look at these projects to help potential buyers make informed decisions, considering both positives and challenges.

Takeaways

• 😀 The video discusses multiple real estate projects by NBC, focusing on a comparison between two major developments: Gaur Group's and Mansan Group's projects.
• 😀 Gaur Group’s project received strong responses due to smart pricing and a robust network of channel partners, which helped sell most of the units quickly.
• 😀 Mansan Group's project faced a weaker response as it lacked competitive pricing and a strong network of channel partners, unlike Gaur Group’s project.
• 😀 The new NBC project, 'Dream Valley Phase 3' (also known as Eternia), is located in a premium location with easy access and is considered one of the best in Greater Noida West.
• 😀 Eternia's location stands out for its easy connectivity, wide roads, and minimal congestion compared to the surroundings of other projects like Gaur and Mansan Group’s developments.
• 😀 NBC's Eternia project is planned over six acres, with six residential towers, each offering high-rise living with modern design features, including SSN glass railings and efficient floor plans.
• 😀 Eternia features spacious 3 and 4 BHK apartments with well-optimized layouts, offering more value for money compared to similar-sized units in Gaur and Mansan Group’s projects.
• 😀 The project features a moderate density of 108 units per acre, which ensures efficient use of space without overcrowding, enhancing the living experience.
• 😀 The 4 BHK units in Eternia (2625 sq ft) are designed with practicality and spaciousness, providing an efficient use of space compared to the larger, more expensive 4 BHK units in other projects.
• 😀 The pricing for Eternia's 3 and 4 BHK units is expected to be more competitive, at around ₹8,900 per square foot, which makes it an attractive option compared to the higher prices of Gaur's and Mansan's projects.
• 😀 Although Eternia’s project may face challenges in terms of competition with other real estate players and the lack of a strong channel partner network, its location, design, and pricing give it a competitive edge.

Q & A

What were the two projects covered by NBC in the recent video?

The two projects covered were from Manson Group and Gaur Group, both of which participated in a bulk auction by NBC.

How did Gaur Group's project perform compared to Manson Group's project?

Gaur Group received a much better response due to smart pricing and a strong network of channel partners. Manson Group's project, on the other hand, struggled as it had higher pricing and lacked an extensive channel partner network.

What changes were made in the pricing of Manson Group's project compared to Gaur Group's project?

Manson Group's project has now become cheaper than Gaur Group's project as Gaur Group increased the price of their project, making Manson's project more competitively priced.

How does the location of NBC's Dream Valley (Phase 3) compare to the other two projects?

NBC's Dream Valley (Phase 3) is located in a more premium and less congested area, offering easy access to major roads and less traffic, making it a better option in terms of location compared to Gaur and Manson Group's projects.

What are the key features of the NBC Dream Valley (Phase 3) project?

The project is spread across six acres and includes six residential towers with a proposed height of G+27 floors. It will feature modern design, high-speed lifts, and luxury apartments with thoughtful space utilization and a low density ratio.

What are the differences between the floor plans of NBC Dream Valley and the other two projects?

NBC Dream Valley's floor plans are more practical and efficient, especially in 3 and 4 BHK units. It offers better space utilization with less gap between sellable area and built-up area compared to Gaur and Manson Group’s projects.

What are the expected prices for the units in NBC's Dream Valley project?

The expected pricing for NBC Dream Valley's 3 and 4 BHK units is approximately ₹8,900 per square foot, including all charges except floor PLC and VPLC.

Why did NBC decide to opt for bulk auctions instead of direct allocation to buyers?

NBC likely chose the bulk auction route to allow for a more transparent and competitive pricing mechanism. Direct allocation to users, as done in the past, could have resulted in better outcomes for homebuyers.

What are some of the concerns regarding NBC Dream Valley’s project?

The main concern with NBC Dream Valley is its proximity to buildings that were not considered high-rise at the time of their initial launch, which could potentially affect the view and overall experience of living in the project.

What is the main selling point of NBC Dream Valley compared to Gaur and Manson Group's projects?

NBC Dream Valley stands out with its competitive pricing, efficient floor plans, and a prime location, making it a better option for buyers seeking value for money in comparison to the other two projects.