Gaur City is one of the most well-known residential townships in Greater Noida West (commonly known as Noida Extension). Developed by the prestigious Gaursons Group, Gaur City offers a mix of residential, commercial, and retail spaces, making it a self-sustaining township with all the amenities and conveniences one could need. The presence of the iconic Char Murti, a landmark featuring four large statues of Hindu deities, adds to the area’s cultural and religious significance. As a result, Gaur City and its surrounding areas, including properties near Char Murti, have become highly desirable for home buyers and investors alike.
In this article, we’ll explore the various aspects of buying resale apartments in Gaur City near Char Murti, including location advantages, pricing trends, amenities, market dynamics, and key considerations for prospective buyers.
1. Introduction to Gaur City
Gaur City is a mega-township that is designed to meet the needs of modern urban living. Spread across a sprawling 237 acres, the project is divided into Gaur City 1 and Gaur City 2, with a wide variety of residential options ranging from affordable apartments to luxury homes. The township is home to thousands of families and is equipped with all the necessary infrastructure, including schools, hospitals, shopping complexes, parks, and sports facilities. Gaur City 4th Avenue Resale Price / Gaur city 5th avenue Resale Price / Gaur City 7th Avenue Resale Price / Gaur Aero Mall Resale Price
The strategic location of Gaur City near Char Murti makes it a prominent destination in Greater Noida West. Char Murti, located at a major crossroads in the area, serves as a symbolic and physical landmark, attracting residents, visitors, and pilgrims alike.
2. Location and Connectivity
The location of Gaur City near Char Murti offers numerous advantages in terms of connectivity and accessibility. Char Murti itself is situated at the intersection of some of the most important roads in Greater Noida West, making it an ideal location for those who need to commute to Noida, Greater Noida, or even Delhi.
Key connectivity points include:
Noida-Greater Noida Expressway: Gaur City is well-connected to the Noida-Greater Noida Expressway, which makes commuting to the commercial hubs of Noida, Sector 62, and Greater Noida easy and efficient. The expressway also provides direct access to Delhi.
Upcoming Metro Extension: The upcoming metro extension to Greater Noida West will further enhance the accessibility of Gaur City, making it an even more attractive option for commuters. The metro line is expected to reduce travel time significantly, especially for those working in central Noida or Delhi.
Proximity to Educational and Healthcare Institutions: The area surrounding Gaur City is dotted with renowned schools, colleges, and healthcare facilities. Schools like Gaur International School and DPS are located within the township, while hospitals like Fortis Hospital in Noida and Yatharth Super Speciality Hospital in Greater Noida are a short drive away.
The combination of cultural landmarks, excellent road connectivity, and proximity to essential services makes Gaur City near Char Murti a highly sought-after residential destination.
3. Resale Apartment Options in Gaur City
Gaur City offers a wide range of apartments, including options available in the resale market. Resale apartments are typically available at competitive prices compared to new launches, providing an excellent opportunity for home buyers to secure a well-located property with immediate possession.
The resale apartments in Gaur City near Char Murti come in various configurations, including 2BHK, 3BHK, and 4BHK units, making them suitable for families of different sizes and requirements. Here’s a breakdown of the available options:
2 BHK Apartments: The most popular configuration among young families and working professionals, 2BHK apartments in Gaur City typically range between 900 to 1100 square feet. These apartments come with well-designed layouts, offering efficient use of space along with modern interiors. The price of 2BHK resale apartments near Char Murti can range from INR 89 Lac to INR 1 Cr, depending on the floor, view, and condition of the unit.
3 BHK Apartments: For larger families, 3BHK apartments provide ample space and more comfort. These apartments typically range between 1300 to 1600 square feet and are ideal for families seeking larger living areas and multiple bedrooms. Resale prices for 3BHK apartments near Char Murti generally fall between INR 90 Lac and INR 1.6 Cr.
4 BHK Apartments: The largest and most luxurious option, 4BHK apartments in Gaur City are designed for those seeking expansive living spaces and premium amenities. These apartments are generally 1800 square feet and above, and their resale price can range from INR 1.4 Cr to INR 2.5 Cr, depending on the unit’s features and location.
4. Advantages of Buying Resale Apartments in Gaur City
While buying a new apartment in a developing project has its benefits, resale apartments in Gaur City offer several unique advantages:
a) Immediate Possession
One of the key advantages of buying a resale apartment is that the property is ready for immediate possession. Unlike under-construction projects where you may have to wait for years before moving in, resale apartments allow buyers to shift in right away. This is particularly beneficial for those who need a home urgently or are looking for an investment that can generate rental income immediately.
b) Lower Pricing
Resale apartments in Gaur City are often priced more competitively than newly launched units. Sellers may be motivated to close the deal quickly, providing room for negotiation on the final price. This makes resale properties an attractive option for budget-conscious buyers looking for a good deal in a prime location.
c) Established Infrastructure and Amenities
Gaur City is a well-established township, meaning that all the infrastructure and amenities are already in place. From well-maintained roads to parks, shopping complexes, and schools, everything is fully operational. Buyers of resale apartments can enjoy these amenities from day one, without the need to wait for future phases of development.
d) Scope for Customization
When buying a resale apartment, the previous owner may have already customized the interiors, added modular kitchens, or upgraded the fittings and fixtures. This can save the buyer both time and money. Additionally, buyers can make further changes and renovations to suit their personal preferences without the constraints often associated with new construction.
5. Pricing Trends in Gaur City Resale Market
The resale market in Gaur City near Char Murti has shown steady growth in recent years, driven by increasing demand for ready-to-move-in properties. Prices of resale apartments in Gaur City have appreciated due to several factors, including the completion of key infrastructure projects, the increasing popularity of Greater Noida West as a residential destination, and the overall reputation of Gaursons as a trusted developer.
As of [Insert Date], the average price per square foot for resale apartments in Gaur City ranges between INR [Insert Range] and INR [Insert Range]. Factors influencing the pricing of resale apartments include:
Location within Gaur City: Apartments closer to key landmarks such as Char Murti or main entrances tend to command higher prices.
Floor Level and View: Higher-floor apartments with better views (e.g., park-facing or road-facing) are generally priced at a premium.
Age and Condition of the Property: Well-maintained apartments with minimal wear and tear or upgraded interiors can attract higher prices.
6. Investment Potential and Rental Yield
Gaur City’s strategic location, excellent connectivity, and established infrastructure make it a strong contender for long-term appreciation. The resale market, particularly near Char Murti, has witnessed consistent demand, and properties in the area have shown steady price appreciation over the years.
For investors, resale apartments in Gaur City also offer the opportunity to generate rental income. With many working professionals and families looking to rent homes in Greater Noida West due to its affordability compared to central Noida and Delhi, the rental market in the area is robust. Average rental yields for 2BHK and 3BHK apartments in Gaur City range from INR [Insert Range] to INR [Insert Range] per month, making it a viable option for those seeking a combination of capital appreciation and rental returns.
7. Considerations for Buying Resale Apartments in Gaur City
Before purchasing a resale apartment in Gaur City near Char Murti, there are several key factors that buyers should consider:
Legal Documentation: Ensure that all legal documentation related to the property is in order, including the sale deed, encumbrance certificate, and property tax receipts. It is advisable to hire a real estate lawyer to verify the paperwork.
Property Inspection: Conduct a thorough inspection of the property to assess its condition, including the structural integrity, plumbing, and electrical systems. Make note of any repairs or renovations that may be required.
Society and Maintenance Charges: Understand the society rules, maintenance charges, and any additional fees associated with living in the township. This will help you get a clear picture of the long-term cost of owning the property.
Negotiation: There is often room for negotiation in the resale market, so be prepared to make an offer lower than the asking price. Engage a real estate agent to assist in negotiations if needed.
Conclusion
Gaur City near Char Murti offers an excellent opportunity for home buyers and investors seeking resale apartments in a well-established township with a wide range of amenities. The resale market in Gaur City is robust, with competitive pricing and immediate possession options making it a smart choice for those looking for a ready-to-move-in property.
