Vardhman launches residential project in Greater Noida area

With the aim of bringing in more supply in Greater Noida property market, New Delhi-based Vardhman Estate & Developers has announced the launch of its residential project ‘ETA Residency’ in the region. Under the construction-linked plan, the company is offering over 1,000 apartments at a basic selling rate of Rs 3,500 per square ft. Amply supplied with world class features and amenities, the six-acre project promises luxury at affordable price, according to a press release issued by the company.

Commenting on the supply surge in the region, Vivek Gupta, Chairman, Vardhman Estate & Developers said, “The existing and proposed infrastructure in the city will continue to attract investments in the region. The all-round development in the region will bring in more development firms like ours to announce their residential and commercial projects.”

He added, “The increased supply in the region will provide several options to homebuyers looking to invest and buy properties at affordable rates. The project Vardhman ETA Residency too offers a range of two and three-bedroom apartments at affordable rates.”

According to the release, Eta Residency has land which is allotted by the Noida Authority. For the first time in Noida, it will have a RCC-framed structure designed for Zone-V, as per IS Code, for earthquake resistance. Among the other things the company promises is Vaastu and eco-friendly layout of the project, firm prices for units already sold, assured timely possession with penalty clause, 100-per cent power back-up facility, ample parking space, fire-fighting installations as per latest norms and 24 X 7-hour security with CCTV.