5 BHK Apartment for sale in Sector 107, Noida. 4300 sqft, ₹5.50 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
Prateek Edifice in Sector 107, Noida, presents an exquisite opportunity to own a ready-to-move 5 BHK luxury apartment spanning 4300 sqft, meticulously crafted by Prateek Group for discerning homeowners. This UP-RERA approved project promises a life of unparalleled comfort and sophistication, offering immediate possession by December 2023.
📌 Overview
Prateek Edifice offers a spacious 4300 sqft 5 BHK luxury apartment for ₹5.50 Cr in Sector 107, Noida, ready for immediate possession and fully compliant with UP-RERA, ensuring a secure and premium living experience.
📍 Location & Connectivity — Sector 107, Noida, Noida
• Distance to nearest IT hub: Sector 135 (Noida Expressway tech corridor) is approximately 8-10 km away, offering proximity to major corporate offices.
• Expressway access: Directly accessible from Noida Expressway (approx. 2 km) and well-connected to FNG Expressway (approx. 5 km), ensuring seamless travel across NCR.
• Metro: Nearest station is Sector 101 on the Aqua Line (approx. 3-4 km), providing direct metro connectivity to Greater Noida and other parts of Noida.
• Schools within 3 km: Step By Step School, Genesis Global School, Amity International School.
• Hospitals within 5 km: Jaypee Hospital, Felix Hospital, Yatharth Hospital.
• Shopping: Logix City Centre Mall (approx. 6 km) and Gardens Galleria Mall (approx. 8 km) are easily accessible for retail and entertainment needs.
• Jewar International Airport: Approximately 45-50 km, expected to significantly boost property values in Sector 107, Noida due to enhanced connectivity and economic growth.
• Locality appreciation trend: Estimated 10-15% price growth over the next 2-3 years, driven by infrastructure development and Jewar Airport's impact.
🏗️ Project Specifications
• Developer: Prateek Group
• Project: Prateek Edifice
• UP-RERA: UPRERAPRJ2684 (Uttar Pradesh RERA approved, protected under RERA Act 2016)
• Status: Ready to Move | Possession: Dec 2023
• Configuration: 5 BHK (4300 sqft)
• Total Floors: 29 | Total Units: 421
• Approval: Noida Authority
• Property Type: Apartment
🏠 5 BHK Unit Details (based on 4300 sqft)
• Estimated layout: A grand living room (approx. 600 sqft), spacious dining area (approx. 300 sqft), five large bedrooms (master approx. 300 sqft, others 200-250 sqft each), a well-appointed kitchen (approx. 200 sqft), and 5-6 bathrooms.
• Ceiling height: Premium 10.5 ft ceiling height, enhancing the sense of space and luxury.
• Balconies: Multiple large balconies (typically 4-5), offering panoramic views of the cityscape or green landscapes, with optimal orientation for natural light and ventilation.
• Kitchen: Fully modular kitchen with branded fittings, granite countertops, and ample storage, designed for modern culinary needs.
• Master bedroom: Expansive master bedroom with an attached lavish bathroom, walk-in closet provision, and a private balcony.
• Flooring: Elegant Italian marble flooring in living, dining, and common areas; premium vitrified tiles in bedrooms; anti-skid ceramic tiles in bathrooms and balconies.
• Parking: Two dedicated covered parking spaces per unit are typically provided, ensuring convenience and security.
• Servant / utility room: Dedicated servant room with attached bathroom and a separate utility area, a standard feature in luxury apartments of this size.
🌿 Amenities
• Fitness & Wellness: State-of-the-art Gym, temperature-controlled Swimming Pool, dedicated Jogging Track, serene Yoga Deck, Meditation Zone.
• Social & Entertainment: Luxurious Club House with lounge, Multipurpose Hall for events, Party Lawn, Indoor Games room (table tennis, billiards), cards room.
• Kids & Family: Dedicated Children's Play Area, Crèche facility, expansive Outdoor Play Zone, Sand Pit.
• Safety & Security: 24/7 manned security, extensive CCTV surveillance, Video Door Phone for enhanced access control, Boom Barrier at entry/exit, advanced Fire Safety systems, secure Gated Community.
• Utilities: 24/7 Power Backup for common areas and apartments, Water Treatment Plant, Rainwater Harvesting system, provision for Solar Panels, high-speed Lifts.
• Parking & Transport: Ample Covered Parking, designated Visitor Parking, provision for EV Charging stations, Bicycle Track.
💰 Price & Financial Breakdown
• Unit price: ₹5.50 Cr | Per sqft: ₹12077/sqft
• Stamp duty & registration: ₹38,50,000 stamp duty (7%) + ₹5,50,000 registration (1%) = ₹44,00,000 total (male buyer); women get 1% rebate on stamp duty, reducing stamp duty to 6%.
• GST: 0% as the property is Ready to Move.
• Maintenance: Estimated ₹4-5/sqft/month for 4300 sqft = ₹17,200–₹21,500/month, covering common area upkeep and amenities.
• Floor rise: Not applicable for ready-to-move properties, price is fixed.
• Estimated EMI: ₹3,68,192/month (based on 8.5% p.a. interest, 20-year tenure, 80% Loan-to-Value).
• Rental yield: Expected 3-5% per annum in Sector 107, Noida corridor, driven by demand for luxury rentals.
• Capital appreciation: Estimated 8-12% p.a. due to the positive impact of Jewar Airport, improved infrastructure, and the sector's premium status.
📊 Market Intelligence — Sector 107, Noida
Sector 107, Noida, is rapidly emerging as a prime residential micro-market for 2025 and beyond, largely due to its strategic location and robust infrastructure development. Its proximity to the Noida Expressway and major IT and logistics corridors, including Sector 135, makes it highly attractive to professionals. The upcoming Jewar International Airport is a significant game-changer, poised to unlock substantial property value appreciation by enhancing regional connectivity and economic activity. Excellent Metro Aqua Line connectivity further boosts its appeal, providing seamless access across Noida and Greater Noida. Prateek Edifice, being a UP-RERA compliant project with ready-to-move luxury units, stands out in this competitive landscape, offering immediate possession and a trusted developer's assurance, making it a superior choice compared to other projects in terms of quality, amenities, and investment potential.
🏆 Top 5 Reasons to Buy
1. Developer reputation and quality: Prateek Group is renowned for delivering high-quality, luxury residential projects with a strong track record of timely possession and superior construction standards in Noida and NCR.
2. Prime location advantage: Situated in Sector 107, Noida, offering excellent connectivity to Noida Expressway, IT hubs like Sector 135 (approx. 8-10 km), and essential social infrastructure.
3. Exceptional price value: At ₹12077/sqft, it offers competitive pricing for a ready-to-move luxury 5 BHK in a premium sector, often presenting better value compared to newer launches.
4. UP-RERA protection and ready possession: UPRERAPRJ2684 compliance ensures buyer protection and transparency, while immediate possession by Dec 2023 eliminates construction risks and waiting periods.
5. Strong investment case: High capital appreciation potential driven by Jewar Airport's development, robust rental yield (3-5% p.a.), and the sector's overall growth trajectory.
❓ Buyer FAQ — 27 Questions
Q1: What is the exact price of this 5 BHK in Sector 107, Noida?
A1: The exact price for this 4300 sqft 5 BHK apartment in Prateek Edifice, Sector 107, Noida, is ₹5.50 Cr.
Q2: What is the UP-RERA registration number and what buyer protections does it give?
A2: The UP-RERA registration number is UPRERAPRJ2684. It ensures project transparency, protects buyers against delays, mandates quality construction, and provides a grievance redressal mechanism.
Q3: What is the possession date and what is the penalty for developer delay under RERA?
A3: The possession date is December 2023. Under RERA, if a developer delays possession beyond the agreed date, they are liable to pay interest on the amount paid by the buyer for every month of delay.
Q4: Who is Prateek Group — how many years, key Noida/NCR projects, reputation?
A4: Prateek Group is a prominent real estate developer in NCR with over two decades of experience. They are known for projects like Prateek Wisteria (Sector 77, Noida) and Prateek Laurel (Sector 120, Noida), enjoying a reputation for quality construction and timely delivery.
Q5: What is the price per sqft and how does it compare to Sector 107, Noida sector average?
A5: The price per sqft is ₹12077. This is competitive for a ready-to-move luxury project in Sector 107, Noida, which typically sees averages ranging from ₹11,500 to ₹14,000 per sqft for premium properties.
Q6: Which banks offer home loans for Prateek Edifice?
A6: Major banks like HDFC Bank, ICICI Bank, SBI, Axis Bank, and Kotak Mahindra Bank typically offer home loans for RERA-approved projects like Prateek Edifice.
Q7: What will be the EMI at current rates (8.5% p.a.)?
A7: Based on an 80% Loan-to-Value (LTV) and an 8.5% p.a. interest rate over 20 years, the estimated EMI for this property will be ₹3,68,192 per month.
Q8: What is the stamp duty and registration charge in Uttar Pradesh?
A8: For male buyers, stamp duty is 7% (₹38,50,000) and registration is 1% (₹5,50,000), totaling ₹44,00,000. Women buyers receive a 1% rebate on stamp duty.
Q9: Is GST applicable and how much?
A9: No, GST is not applicable as Prateek Edifice is a ready-to-move property, and the Occupancy Certificate (OC) has been received.
Q10: What are the monthly maintenance charges?
A10: The estimated monthly maintenance charges are ₹4-5 per sqft, which would be approximately ₹17,200 to ₹21,500 per month for a 4300 sqft unit.
Q11: Is there a floor rise charge — how much per floor?
A11: As this is a ready-to-move property, floor rise charges are typically not applicable; the price is fixed for the available unit.
Q12: What amenities are available and what is included in the base price?
A12: Amenities include a Gym, Swimming Pool, and Club House. These, along with access to common facilities like security and power backup, are generally included in the base price.
Q13: Distance to nearest IT hub — Sector 62 / Sector 135 / Noida Expressway tech zone?
A13: The closest major IT hub is Sector 135 (Noida Expressway tech zone), approximately 8-10 km away, making it convenient for professionals.
Q14: Which schools are within 3 km of Prateek Edifice?
A14: Prominent schools within 3 km include Step By Step School, Genesis Global School, and Amity International School, ensuring quality education options.
Q15: Which hospitals are within 5 km?
A15: Jaypee Hospital, Felix Hospital, and Yatharth Hospital are all located within a 5 km radius, providing excellent medical facilities.
Q16: What are the nearest malls and retail zones?
A16: Logix City Centre Mall (approx. 6 km) and Gardens Galleria Mall (approx. 8 km) are the nearest major shopping and entertainment destinations.
Q17: What is the metro/transport connectivity — which line and nearest station?
A17: The nearest metro station is Sector 101 on the Aqua Line, approximately 3-4 km away, offering good public transport connectivity.
Q18: How far is Jewar International Airport and how will it impact prices?
A18: Jewar International Airport is approximately 45-50 km away. Its development is expected to significantly boost property prices in Sector 107, Noida, by 8-12% annually due to improved connectivity and economic growth.
Q19: What rental income can I earn from this property?
A19: You can expect a rental yield of 3-5% per annum for a luxury 5 BHK in Sector 107, Noida, depending on furnishing and market demand.
Q20: What is the current resale value trend in Sector 107, Noida?
A20: Sector 107, Noida, shows a positive resale value trend, with properties appreciating steadily, particularly with the upcoming infrastructure developments and high demand for luxury residences.
Q21: How does Prateek Edifice compare to competing projects in Sector 107, Noida?
A21: Prateek Edifice stands out with its ready-to-move status, larger unit sizes (4300 sqft), competitive pricing for luxury, and the established reputation of Prateek Group compared to many under-construction or newer projects.
Q22: What is the carpet area vs. super built-up area for this 5 BHK?
A22: For a 4300 sqft super built-up area, the carpet area is typically around 70-75%, so approximately 3010-3225 sqft, as per RERA guidelines.
Q23: Is the layout Vastu compliant?
A23: While specific Vastu compliance details vary by unit, Prateek Edifice designs generally incorporate Vastu principles. Buyers are encouraged to review specific floor plans.
Q24: What is the parking arrangement — covered or open?
A24: Each 5 BHK unit in Prateek Edifice typically comes with two dedicated covered parking spaces, ensuring secure and convenient parking.
Q25: Is 24/7 power backup and water supply guaranteed?
A25: Yes, Prateek Edifice provides 24/7 power backup for both common areas and individual apartments, along with uninterrupted water supply.
Q26: What legal documents will I receive at possession?
A26: Upon possession, you will receive the Occupancy Certificate (OC), Sale Deed, possession letter, and all relevant property documents, ensuring legal ownership.
Q27: Is this property eligible under PMAY housing scheme?
A27: Due to the premium segment and price point of ₹5.50 Cr, this property is generally not eligible under the Pradhan Mantri Awas Yojana (PMAY) housing scheme, which targets affordable housing segments.
🏢 About Prateek Group
• Established: Over two decades ago (approx. 2000s)
• Key completed projects in NCR/Noida: Prateek Wisteria (Sector 77, Noida), Prateek Laurel (Sector 120, Noida), Prateek Grand City (Ghaziabad)
• Known for: Delivering high-quality, luxury residential and commercial projects, known for architectural excellence, timely project delivery, and customer-centric approach.
