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Top 10 Frequently Asked Questions in Real Estate in India

Date - 26 Nov, 2024
Invest Mango

Buying a real estate property isn’t a cakewalk as many questions arise in your mind while making a home-buying decision. However, to make your process easier, we have curated a list of the most commonly asked questions related to Real Estate that will help you navigate through the process conveniently. Let’s discuss the top 10 Frequently Asked Questions in Real Estate in India in the following blog.

1. What is Better a 2 BHK or a 3 BHK Apartment?

Whenever it comes to buying a house, the most common dilemma a home buyer faces is: whether to go for a 2 BHK Apartment or 3 BHK. However, both have their own advantages and disadvantages and choosing a 2 BHK or a 3 BHK apartment depends on numerous factors, let’s discuss all the factors one by one to get a clear understanding of what apartment configuration will suit you.

a) Budget:

The very first thing that could affect your buying decision is your budget because the 3 BHK apartments cost relatively higher than the 2 BHK apartments. So, if you’re on a tight budget, you should go for a 2 BHK apartment but if you don’t have any financial constraints then we suggest you go for a 3 BHK apartment as this will give you more space and comfort in your home.

b) Size of the Family:

If you’re a bachelor or a newly married couple, then opting for a 2 BHK apartment will be fine because you will still have enough space to accommodate the guests (if somebody arrives). However, if you’re a growing family or family with kids then it is better to go for a 3 BHK apartment as it will offer enough space for everyone.

c) Rent/Resale:

If you’re planning to buy a house for renting purposes or resale purposes, then going for a 2 BHK apartment will be more beneficial because it is easier to get the 2 BHKs rented in comparison to 3 BHK apartments. Also, the chances to get resell quickly are also higher for 2 BHK apartments.

d) Lifestyle:

If you’re living a minimalistic lifestyle where you don’t require much space, then you can undoubtedly go for a 2 BHK apartment. On the other hand, if you’re a working professional who needs extra space for the times of working from home, then choosing that extra room becomes a necessity, right? So, choosing between a 2 BHK and 3 BHK apartment also depends on your lifestyle.

2. Are Property Prices Rising in Noida?

Noida and Greater Noida which were once known for their affordable and mid-segment properties now emerged as the hotspots for premium real estate over the years. However, real estate experts and the market data show that the property prices doubled in the last 5 years in Noida and Greater Noida which shows an upward graph in the property prices in Noida.

So, the answer to your question is: “Yes”, the property prices in Noida are rising and if you’re looking to buy a real estate property for investment purposes then it is the right time to do so, because the property prices will go even higher in the future.

3. How Many Square Feet is a 3 BHK House Plan?

Well, there is not a fixed size for a 3 BHK apartment as it majorly depends on the developer what size it is providing in their 3 BHK floor plan. However, going by the general rule, the size of the 3 BHK apartments generally varies somewhere between 1200 sq. ft. to 2000 sq. ft. Because this size provides ample space for 3 bedrooms, a hall, kitchen, washrooms, dining area, etc. Hence, a 3 BHK house plan with around 1500 sq. ft. will provide comfortable movement while ensuring that each room has sufficient space for movables.

4. Which Floor is Best to buy a Flat on?

Choosing the floor to buy a home depends on personal preference, however, choosing the mid-level floors can be considered the right choice because the mid-level floors such as from the 6th to 12th floor provide the perfect balance of the influence of the rising sun with the air element.

However, there are people who prefer to live on the top floors and there are some who want to live in the lower floors. So, it basically depends on the personal preference of a home-buyer, which floor he/she would prefer to buy a house in.

5. Which Sector of Noida is Best to Live?

Noida has evolved as a major suburb in Delhi NCR and it is now a coveted residential and commercial hub. However, the strategic location, the amazing infrastructure, and countless lifestyle facilities or amenities collectively make Noida an attractive investment option for investors and a perfect place to buy a home for home-seekers. However, there isn’t a single sector that can be said to be the best to live in. Let’s talk about some of the best sectors that can be considered as the best locations to buy a home in Noida.

a) Sector 150, Noida

Renowned for its International Cricket Academy and a nine-hole golf course, Sector 150, Noida has well-developed infrastructure and proximity to critical amenities. However, some of the Notable residential projects in Sector 150 Noida are as follows:

b) Sector 146, Noida

Due to strong connectivity and excellent infrastructure, Sector 146, Noida is among the most desired locations in Noida. Moreover, the nearest metro station, Noida Sector 146 metro station provides easy access to both Noida and Greater Noida. Additionally, the proposed metro line will also provide improved connectivity as it will connect the Botanical Garden to Sector 142 Noida. Some of the Noteworthy residential projects in Sector 146, Noida are as mentioned below –

c) Yamuna Expressway

Yamuna Expressway is all set to turn into the next major hub for real estate development and investment. With amazing infrastructural development, Yamuna Expressway is transforming into a prime location for numerous residential and commercial ventures. Here are some of the noteworthy real estate projects near Yamuna Expressway:

d) Sector 12, Greater Noida West

Sector 12 in Greater Noida West is a desirable real estate location as it has good connectivity while offering easy access to the best healthcare facilities, educational institutions, and many other essential amenities. Not just that, this sector is also well-connected to major roads and highways such as the Yamuna Expressway and the Noida-Greater Noida West Expressway. The best residential developments in Sector 12, Greater Noida West are as follows:

6. Which is the Safest Sector in Noida to Live with the Family?

When it comes to choosing a residence for your family then the first concern that arises in mind is, “Safety” because safety is the top priority for any individual or family. However, there can’t be a single location to be safest in Noida, because there are numerous localities in Noida that are safe to buy a home for your family.

Well, a location can be said a safe place, if the people living there their found a place safe to live with the family. Here are some of the safest localities in Noida rated by the individuals already living there.

  • Noida, Sector 146
  • Noida, Sector 39
  • Noida, Sector 44
  • Noida, Sector 50
  • Noida, Sector 62

All these localities provide a range of residential options for those people who are looking to prioritize safety in their choice of residence.

7. Who is the Top Real Estate Developer in Noida?

There are numerous top real estate developers that have built or are coming up with some of their new real estate ventures in Noida/Greater Noida. Some of the top-line developers with some noteworthy projects in Noida are as follows –

8. Is Noida Worth Living with Family?

Yes, Noida is worth living in, no matter whether you’re living alone or with family because Noida is one of the most developing cities in India and it is renowned for its modern infrastructure, vibrant culture, and an excess of residential options for families seeking a harmonious and comfortable living experience.

Moreover, the city is also popular for its thriving MNC and industrial culture as the Government is investing heavily in Noida’s infrastructure. Noida is also among the safest places to live in, if compared to other areas of Delhi NCR. Also, there are countless reputed schools, colleges, hospitals, shopping centers, and many recreational facilities in Noida making Noida a place worth living with family.

9. Are all the Flats in Noida Leasehold?

The real estate properties in Noida are “Noida Authority and Subleased Govern Leasehold”, and the whole ownership is to that person who wants to own a flat or apartment in Noida. However, this lease is not the same as leasing other properties but the flats in Noida will be leased to you by the Noida authority for the period of 99 years. So, you will be the sole owner, but you have to renew the property after your lease tenure expires because the authorities won't give you the land ownership.

10. Is Noida better than Delhi in terms of Buying a Flat?

Well, the answer to this question is: “It Depends”, because not everyone has a similar opinion and whether Noida is a better place to buy a flat or Delhi is a better place to buy a flat depends on numerous factors including Individual preference and lifestyle. However, let us compare both places based on some critical factors, that everyone should consider.

a) Lifestyle:

Noida is a better place for those people who are interested in a quieter lifestyle whereas Delhi is a better choice for people looking for a happening lifestyle.

b) Cost of Living:

When it comes to Cost of Living, Noida is more affordable than Delhi as it has lodging options for any budget.

c) Investment:

Noida may be your right choice if you’re looking to buy a flat for investment purposes because there are more affordable options in Noida with good Rental Potential.

Also Read: Posh Area in Noida.

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