7th Avenue, Sec 16, Noida Extension
7th Avenue, Sec 16C, is an under-construction project which is placed in Gaur City 1, Greater Noida West near Gaur City mall. The project was started in January 2016 with completion date of March 2023. The 7th Avenue property is just behind the Gaur City Mall & the project lies 11 kms from Delhi and 7 kms away from sec 32, Noida.
As per RERA, the residential project is spread over 7.4 acres of area, the project has 2852 units and would have 1539 no. of people residing per acre (Assuming 4 people live in 1 unit). It has 2168 units of 2BHK and 687 units of 3BHK.
At 7th Avenue, you have the option of a shopping mall at a walking distance of 800 meter, PVR cinema, Kids play zone, Cricket stadium, Football stadium, Restaurants, and bars. The closest metro station to this society is at Noida Sector 51 which is about 10KM away.
Looking for an investment purpose, here are the few points below:
1. The average market price of 7th avenue is Rs. 4050 and average market price of the location is 4100 that means its good time for investing.
2. The price appreciation of the project has increased by 8% since launch, however the price has shrunk by 16% in the last quarter. (Source 99acres)
3. The average rental price of 2BHK is approx. 9500+ maintenance which results approx. 2.79% of rental yield.
4. And if you go for a resale unit, it may cost you roughly 3–5 lakhs higher than its sale price.
Facilities & Amenities Nearby:
Schools: Little Leaders Playschool (1.2 km), Gaur International School (2.5 km), The Manthan School (4 kms)
Hospitals: Yathart Super Speciality Hospital (5 km), Kailash Hospital (7km)
Parks: Radha Krishna Park (1km), Gaur Grandeur Park (5km)
Temple: Jain Temple (1.2Km), Sai Temple (3 km), Shiv Temple (5km).
Malls/Entertainment: Gaur City Centre (700 meter), Gaur City Mall (800 meter), Galaxy Blue Sapphire Plaza (1 kms), Greeno Mart (3 kms)
Petrol Pump: Indian Oil Pump (200 meter).
As per Carpet Area, we give 74/100 rating because, we have categorised project based on the following parameter alongside we have assigned points against each 10 being the highest:
• Location- 9 points,
• Metro connectivity- 5 points,
• Bus connectivity- 8 points,
• Private car connectivity-10 points,
• Open area- 4 points,
• People per acre (lower the better)- 3 points,
• Shops & daily essentials-10 points,
• Schools- 7 points,
• Employment hub/commercial- 9 points,
• Malls/Multiplexes- 9 points.
RERA No. UPRERAPRJ6695
Flats category are fall into 2BHK & 3BHK apartments and following are the list of flat prices and area.
2 BHK | Super build-up area- 1075 Sq ft. | Starting Price 40 lakh.
3 BHK | Super build-up area- 1350 Sq ft. | Starting Price 45 lakh.