Jaypee Aman, Noida - FlatGradings Opinion

1/31/2016 FlatGradings 0 Comments

Project Details

Project      : Jaypee Aman
Builder      : Jaypee Greens
Locality     : Greater Noida Expressway
City            : Noida

Analysis

Builder & Project Review:
Jaypee Greens had launched the project Aman on May 27, 2009, this 70 acre project is having 2/3 bedroom flats of 850 – 1350 Sq.Ft, 9 hole golf course, at only Rs 2250/Sq.Ft possession will be given in 2012. Located in Sector 151, on the Noida-Greater Noida Expressway the project is spread over 28.32 Hectare (ha) with apartments flanked with numerous thematic gardens.

Jaypee Aman located in sector 151 Noida. The project offers 2/3 BHK apartments that promises to offer beautiful views of Lush green landscapes pitch and putt golf course and aesthetically designed streetscapes, which assure calm, convenient and complete lifestyle. Apartments flanked with numerous thematic gardens, the sight of which is bound to soar your spirits whenever you look outside the wind.

Connectivity:

Location wise it is well-connected to Delhi and the development offers a range of facilities such as education facilities, recreation options and so on.

It is 45 mins. from Connaught place & 5 mins. From Greater Noida. Things seem to be getting only better with improved connectivity, now you need not take a ‘U’ turn on the expressway since the to the road next to NPX is open and exit to expressway is next to the same npx road as well. The tender for the long promised metro was floated some time back so hopefully it will see light of the days soon.

It Hopefully everything should now move in a positive direction for these Jaypee home buyers.

Master Plan:

Floor Plan:
2BHK 850Sqft: At first glance you start believing that this is a project based in in Hong Kong / Mumbai. Cramped for Space, 8 apartments per floor, bedroom sizes of 120 sq.ft. and living dining area o 12*13. Then I realized it was made purely for luring investors. Small homes = Small ticket size = More sales. The only silver lining are the small size bathrooms else the apartments are small in size

2BHK 1200Sqft: At first glance you start believing that this is a project based in in Hong Kong / Mumbai. Cramped for Space, 8 apartments per floor, bedroom sizes of 1200 sq.ft. and living dining area o 12*13. Then I realized it was made purely for luring investors. Small homes = Small ticket size = More sales. The only silver lining are the small size bathrooms else the apartments are small in size

3BHK 1320Sqft: 3 BHK apartments relatively better however it’s the same story as far as the bedrooms are concerned, small sized bedrooms. There is a separate entry for the servants room which is well thought off.

Construction Status:

A quick look at the specifications and it doesn’t sound premium, the website says tiles will be fitted in the apartments, oil bound distemper, standard company fixtures in bathrooms. A stone top with sink? Guess the world have graduated to marble.

Customers have evolved & they expect better.

Our Opinion

Pros:
Future Connectivity: The location, Easy Access to Delhi and greater Noida through 8 lanes Yamuna Expressway & proposed connectivity from the metro.

Cons:
1. The fixtures & finishes
2. The layouts
3. The loading more than 35 % according to our calculation

Ratings:

Location     :     

Layout       :     

Amenities   :     

Floor Plan   :     

Final verdict:
If we go by the popular perception the single reason why a buyer would prefer Aman at Jaypee Greens is that this is the cheapest option on the expressway and also at the advanced stage of completion. If your investment horizon is short avoid. The area will take some time to get fully develop and appreciate. It's gone up by approx. 10 % per annum since launch. Yes, if its long term: Hold. A nearby commercial area (Nehru place extension is coming up, and there is planned (read with stress on planned) metro station as reported by TOI some months ago near Aman.( within 500 to 700mtr).