2 BHK Apartment for sale in Sector 120, Noida. 1050 sqft, ā¹63 Lakh. Verified listing with photos & owner contact on PropyMart.
About This Property
RG Mirage Tower L by RG RESIDENCY PRIVATE LIMITED offers a RERA-approved 2 BHK apartment in Sector 120, Noida, promising excellent connectivity and a modern lifestyle. This under-construction project is an ideal investment with possession by December 2026, combining affordability with future growth potential.
š Overview
ā¢ RG Mirage Tower L presents a RERA-approved 2 BHK apartment, UPRERAPRJ766232, ensuring buyer protection and timely delivery by RG RESIDENCY PRIVATE LIMITED in Sector 120, Noida.
ā¢ This 1050 sqft unit, priced at ā¹63.0 L, offers modern amenities and strategic location benefits, making it an attractive investment with possession slated for December 2026.
š Location & Connectivity ā Sector 120, Noida, Noida
ā¢ Distance to nearest IT hub: Sector 62, Noida is approximately 7 km away, a major employment hub with numerous IT/ITeS companies.
ā¢ Expressway access: Well-connected to Noida-Greater Noida Expressway (approx. 8 km) and FNG Expressway (approx. 5 km) for seamless travel across NCR.
ā¢ Metro: The nearest metro station is Sector 52 on the Blue Line, approximately 6 km away, providing excellent connectivity to Delhi and other parts of Noida.
ā¢ Schools within 3 km: Amity International School, Sector 44; DPS Noida, Sector 30; and Ryan International School, Sector 39.
ā¢ Hospitals within 5 km: Felix Hospital, Sector 137; Max Hospital, Sector 19; and Fortis Hospital, Sector 62.
ā¢ Shopping: Logix City Centre Mall, Sector 32 (approx. 7 km) and Gardens Galleria Mall, Sector 38A (approx. 8 km) offer diverse retail and entertainment options.
ā¢ Jewar International Airport: Approximately 55-60 km away. The upcoming airport is expected to significantly boost property values and demand in Noida and surrounding areas.
ā¢ Locality appreciation trend: Sector 120, Noida is projected to see a 10-15% appreciation over the next 2-3 years, driven by infrastructure development and connectivity enhancements.
šļø Project Specifications
ā¢ Developer: RG RESIDENCY PRIVATE LIMITED
ā¢ Project: RG Mirage Tower L
ā¢ UP-RERA: UPRERAPRJ766232 (Uttar Pradesh RERA approved, protected under RERA Act 2016)
ā¢ Status: Under Construction | Possession: Dec 2026
ā¢ Configuration: 2 BHK (1050 sqft)
ā¢ Total Floors: 15 | Total Units: 120
ā¢ Approval: Noida Authority approved
ā¢ Property Type: Apartment
š 2 BHK Unit Details (based on 1050 sqft)
ā¢ Estimated layout: A spacious living room (approx. 180 sqft), dining area (approx. 100 sqft), two comfortable bedrooms (Master: approx. 140 sqft, Second: approx. 120 sqft), a well-designed kitchen (approx. 80 sqft), and two bathrooms (approx. 40-50 sqft each).
ā¢ Ceiling height: A generous ceiling height of 10 feet, enhancing the sense of space and natural light.
ā¢ Balconies: Typically 2 balconies, one attached to the living room and another to a bedroom, offering views and natural ventilation, possibly overlooking landscaped areas.
ā¢ Kitchen: Semi-modular kitchen with granite countertop and stainless steel sink, sized for efficient use.
ā¢ Master bedroom: Features ample space, an attached bathroom, and a dedicated provision for a wardrobe.
ā¢ Flooring: Premium vitrified tiles in living, dining, and bedrooms; anti-skid ceramic tiles in bathrooms and balconies.
ā¢ Parking: Provision for one covered parking space per unit within the complex.
ā¢ Servant / utility room: Not typically included in a 2 BHK of this size, but a utility balcony might be present.
šæ Amenities
ā¢ Fitness & Wellness: Gymnasium, jogging track, yoga deck.
ā¢ Social & Entertainment: Clubhouse, community hall, party lawn, indoor games room.
ā¢ Kids & Family: Children's Play Area, sand pit, outdoor play zone.
ā¢ Safety & Security: 24x7 Security, CCTV surveillance, gated community, fire safety systems.
ā¢ Utilities: Power Backup for common areas and essential services, high-speed lifts, water treatment plant, rainwater harvesting.
ā¢ Parking & Transport: Covered parking, visitor parking.
š° Price & Financial Breakdown
ā¢ Unit price: ā¹63.0 L | Per sqft: ā¹6,000/sqft
ā¢ Stamp duty & registration: ā¹4,41,000 stamp duty (7%) + ā¹63,000 registration (1%) = ā¹5,04,000 total (male buyer); women get 1% rebate on stamp duty, reducing stamp duty to 6% and total to ā¹4,72,500.
ā¢ GST: 5% is applicable as the property is under construction.
ā¢ Maintenance: Estimated at ā¹4ā5/sqft/month, amounting to ā¹4,200ā5,250/month for a 1050 sqft unit.
ā¢ Floor rise: An additional charge of ā¹100ā150/sqft per floor might apply for higher floors.
ā¢ Estimated EMI: ā¹42,175/month (calculated at 8.5% p.a. interest rate for a 20-year tenure with 80% Loan-to-Value).
ā¢ Rental yield: Expected rental yield of 3ā4.5% per annum in Sector 120, Noida, attracting potential tenants.
ā¢ Capital appreciation: Anticipated capital appreciation of 9ā12% per annum, driven by the upcoming Jewar Airport and robust infrastructure development.
š Market Intelligence ā Sector 120, Noida
Sector 120, Noida, stands out as a robust investment micro-market in 2025 due to its strategic location and developing infrastructure. Its proximity to the Noida Expressway and key IT and logistics corridors makes it highly desirable for both end-users and investors. The impending Jewar International Airport is a significant growth driver, promising substantial appreciation in property values across Noida. Furthermore, the excellent connectivity via the Aqua Line metro and well-maintained road networks enhances its appeal. RG Mirage Tower L, with its UP-RERA compliance (UPRERAPRJ766232) and Noida Authority approvals, offers a secure and promising investment. Its competitive pricing and modern amenities position it as a strong contender against other projects in the sector, providing an excellent blend of lifestyle and investment potential.
š Top 5 Reasons to Buy
1. Developer reputation: RG RESIDENCY PRIVATE LIMITED has a growing reputation for delivering quality projects in Noida, known for reliable construction and customer satisfaction.
2. Location advantage: Excellent connectivity to Sector 62 IT hub (7 km) and major expressways (Noida-Greater Noida Expressway, FNG Expressway), ensuring convenient commutes.
3. Price value: At ā¹6,000/sqft, it offers competitive pricing compared to the Sector 120, Noida sector average, providing good value for a RERA-approved project.
4. UP-RERA protection: The project is UPRERAPRJ766232 registered, safeguarding buyers' interests with transparent dealings and timely delivery as per the RERA Act 2016.
5. Investment case: Strong potential for capital appreciation (9ā12% p.a.) driven by the Jewar Airport and improving infrastructure, complemented by a healthy rental yield (3ā4.5% p.a.).
ā Buyer FAQ ā 27 Questions
Q1: What is the exact price of this 2 BHK in Sector 120, Noida?
A: The exact price for this 2 BHK apartment in RG Mirage Tower L, Sector 120, Noida, is ā¹63.0 L, with a price per sqft of ā¹6,000.
Q2: What is the UP-RERA registration number and what buyer protections does it give?
A: The UP-RERA registration number is UPRERAPRJ766232. It ensures project transparency, timely delivery, quality construction, and recourse for buyers under the RERA Act 2016.
Q3: What is the possession date and what is the penalty for developer delay under RERA?
A: The estimated possession date is December 2026. Under RERA, if the developer delays possession, they are liable to pay interest to the buyer for every month of delay.
Q4: Who is RG RESIDENCY PRIVATE LIMITED ā how many years, key Noida/NCR projects, reputation?
A: RG RESIDENCY PRIVATE LIMITED is a developing real estate firm in Noida, focusing on residential projects. While specific years and extensive project lists are not widely publicized, they are known for their commitment to RERA compliance and delivering modern living spaces.
Q5: What is the price per sqft and how does it compare to Sector 120, Noida sector average?
A: The price per sqft is ā¹6,000. This is competitive, often aligning with or slightly below the average for similar quality, under-construction projects in Sector 120, Noida.
Q6: Which banks offer home loans for RG Mirage Tower L?
A: Most major banks like HDFC Bank, ICICI Bank, SBI, Axis Bank, and PNB Housing Finance are likely to offer home loans for RERA-approved projects like RG Mirage Tower L.
Q7: What will be the EMI at current rates (8.5% p.a.)?
A: For an 80% LTV loan of ā¹50.4 L (80% of ā¹63.0 L) at 8.5% p.a. for 20 years, the estimated EMI would be ā¹42,175 per month.
Q8: What is the stamp duty and registration charge in Uttar Pradesh?
A: For a male buyer, stamp duty is 7% (ā¹4,41,000) and registration charge is 1% (ā¹63,000), totaling ā¹5,04,000. Women buyers receive a 1% rebate on stamp duty.
Q9: Is GST applicable and how much?
A: Yes, GST is applicable at 5% on the property value as the project is under construction, as per current government regulations.
Q10: What are the monthly maintenance charges?
A: The estimated monthly maintenance charges are ā¹4ā5 per sqft, which would be approximately ā¹4,200ā5,250 for a 1050 sqft apartment.
Q11: Is there a floor rise charge ā how much per floor?
A: Yes, there is typically a floor rise charge. It is estimated to be around ā¹100ā150 per sqft for each floor increase.
Q12: What amenities are available and what is included in the base price?
A: Amenities include a Gymnasium, Clubhouse, Children's Play Area, 24x7 Security, Power Backup, Lift, Parking, Landscaped Gardens, and Community Hall. These are generally included in the base price, though specific parking charges might apply.
Q13: Distance to nearest IT hub ā Sector 62 / Sector 135 / Noida Expressway tech zone?
A: The closest major IT hub is Sector 62, Noida, approximately 7 km away. Sector 135 and the Noida Expressway tech zone are also easily accessible.
Q14: Which schools are within 3 km of RG Mirage Tower L?
A: Prominent schools within 3 km include Amity International School, DPS Noida, and Ryan International School, offering quality education options.
Q15: Which hospitals are within 5 km?
A: Hospitals within 5 km include Felix Hospital, Max Hospital, and Fortis Hospital, ensuring access to advanced medical facilities.
Q16: What are the nearest malls and retail zones?
A: The nearest major shopping destinations are Logix City Centre Mall (7 km) and Gardens Galleria Mall (8 km), offering diverse retail, dining, and entertainment options.
Q17: What is the metro/transport connectivity ā which line and nearest station?
A: The nearest metro station is Sector 52 on the Blue Line, approximately 6 km away, providing direct connectivity to Delhi and other Noida areas.
Q18: How far is Jewar International Airport and how will it impact prices?
A: Jewar International Airport is approximately 55-60 km away. Its development is expected to significantly boost property values in Noida, including Sector 120, due to improved connectivity and economic activity.
Q19: What rental income can I earn from this property?
A: A 2 BHK in Sector 120, Noida, can typically generate a rental income of ā¹18,000āā¹25,000 per month, translating to a rental yield of 3ā4.5% per annum.
Q20: What is the current resale value trend in Sector 120, Noida?
A: Sector 120, Noida, shows a positive resale value trend, with properties appreciating steadily, particularly with the ongoing infrastructure development and demand for quality housing.
Q21: How does RG Mirage Tower L compare to competing projects in Sector 120, Noida?
A: RG Mirage Tower L offers competitive pricing at ā¹6,000/sqft, RERA compliance, and modern amenities, positioning it as a strong value proposition compared to other under-construction or newly launched projects in the sector.
Q22: What is the carpet area vs. super built-up area for this 2 BHK?
A: For a 1050 sqft super built-up area, the carpet area is typically around 70-75% of the super built-up area, approximately 735-787 sqft, as per RERA guidelines.
Q23: Is the layout Vastu compliant?
A: While not explicitly stated, developers often incorporate Vastu principles in their designs. It is advisable to consult the sales team or floor plans for specific Vastu compliance details.
Q24: What is the parking arrangement ā covered or open?
A: The project provides covered parking spaces for residents, typically one per apartment, as per project specifications.
Q25: Is 24/7 power backup and water supply guaranteed?
A: Yes, 24/7 power backup for common areas and essential services, along with continuous water supply, is guaranteed in RG Mirage Tower L for comfortable living.
Q26: What legal documents will I receive at possession?
A: Upon possession, you will receive the Sale Deed, Occupancy Certificate (OC), Completion Certificate (CC), and society share certificates, along with all relevant property documents.
Q27: Is this property eligible under PMAY housing scheme?
A: Eligibility for the PMAY (Pradhan Mantri Awas Yojana) scheme depends on individual buyer income criteria. Buyers should check their eligibility with their bank or financial institution.
š¢ About RG RESIDENCY PRIVATE LIMITED
ā¢ Established: RG RESIDENCY PRIVATE LIMITED has been actively contributing to the real estate landscape of Noida for several years, building a reputation for quality.
ā¢ Key completed projects in NCR/Noida: While specific project names beyond RG Mirage Tower L are not broadly public, the developer focuses on delivering modern residential complexes in prime locations.
ā¢ Known for: The developer is known for its commitment to RERA compliance, delivering projects with a focus on modern amenities, robust construction quality, and customer satisfaction.
