New Definition Of Living Given By Galaxy Royale, Greater Noida West.

Development has many aspects when it is discussed in a developing nation. However, many countries develop in various categories, thereby compromising on important issues. India has been an agrarian economy for decades now, which is now being transformed into a manufacturing hub.

For a population of our size, to become a manufacturing destination infrastructure sector must provide an immense support. Residential as well as Commercial properties are built day-in & day-out. Many real estate companies have made huge investments and are betting big on it, in the years to come ahead. Few companies are completely dependent on the investments taken from the consumers, whereas few only build the structures to address the demand generated from the market. Every economy can only thrive the pressure if the Demand-Supply Curve works in an organic manner.

Indian real estate market has blossomed in the recent times and has guaranteed returns to the investors. However, post 2008 market slump; the appreciation in the prices have plummeted the charts and has led to a careful round of investments. National Capital Region in India has been the most favorite among the real estate companies, because all the investments coming in from foreign investors is focused around major metro cities. Galaxy Group in Noida has developed many commercial and residential properties in Greater Noida West to address the demands of people in affordable housing range.

Galaxy Royale, Greater Noida West is one such property that has enveloped all the major amenities for end-consumers and guaranteed income for investors. After the enforcement of REIT & RERA, all the real estate companies must comply with the rules set by the governing bodies and ensure timely delivery.

Apart from facilities like 24-hour electricity supply, high-speed elevators, Wi-Fi connectivity etc.; it also has features like Rain-water harvesting and cPVC pipes in the construction to avoid discomfort at a later stage.Timely completion of the project and handing out possession to the owners have further added to the reputation of Galaxy Group. Affordable housing has been given a new definition by Galaxy Royale, Greater Noida West and has given the house owners enriching living experience.

Timely Delivery for Galaxy Group Projects in Noida

Real Estate in today’s world is suffering with a lot of prejudices and envelope all the customers in a bandwagon effect, forcing them to take market-centric decisions. These decisions are primarily taken because of the free advice offered by friends, relative and acquaintances. Very few customers want to scrutinize the details mentioned in REIT & RERA.

So to take explain it further in simple terms, please find the simple definition of these Real Estate jargons:

REIT:Real Estate Investment Trust, is an organization that finances continual gains from real estate investments. It resembles on that model as mutual funds and ensures the investors of all regular income streams through diversified long – term capital gains. In return, shareholders pay the income taxes on the earned dividends.

RERA: Real Estate Regulatory Authority has made it mandatory for all residential and commercial complexes to have a land of more than 500 square meters / eight apartments and get registered with the authorities. This will help the authorities to introduce higher level of transparency in marketing of projects and their construction.

Once you have gone through the above details, you will believe that it will become mandatory for all Real Estate developers, to execute the construction at various sites in organized manner. However, the ground reality is contrary to the theoretical definitions and many investors have suffered immensely due to the prevailing systems.

One such anomaly to the above predictions is the Galaxy Group in Noida. They have brought few innovative ideas to the domain of real estate construction and have let investors / buyers breathe easy. Both the residential and commercial complexes conceptualized by them have been delivered on time to the customers. In these hard times of delayed possessions, the Galaxy Group in Noida has made sure to obtain OCCUPANCY CERTIFICATE (O.C.) for various projects.

As per the laws, every buyer / investor can be given the possession only after the builder has procured the O.C. from the authorities. So, the Galaxy Group is making every possible effort to maintain the sanctity of words among its customers and build long-term relationship.