Supercity Developers Pvt. Ltd. is coming up with an eco-friendly and environment friendly project “Mayfair Residency”, which will be enriched with 2BHK, 3BHK and 4BHK apartments. This residential complex will be ecologically balanced, where common areas are blessed with natural solar power and there will be an in-house provision for water harvesting.

LOCATION

Supercity Mayfair Residency is located at GH-7, Tech Zone-IV, Noida Extension. Sarvottam Institute of Technology & Management is also located in the close vicinity.  One has to take a right turn from the main round about of Noida Extension and then a left turn from the main road to reach Mayfair Residency. One can also go straight from the main round about and then take a right turn to come on the 30 meter wide road on which Supercity Mayfair Residency is located. We feel that the location is slightly in the interiors as many other projects are coming up on the main road itself.
 
FACILITIES

Supercity Mayfair Residency would be providing various kinds of facilities to its residents which include 24*7 security, ATM facility, energy efficient solar street lights, greenery all around, wi-fi enabled complex, and vastu friendly creation. Apart from these facilities, the builder also plans to offer various other facilities which would help in enabling an individual to live a life with great enjoyment, comfort and ease. Thee facilities include swimming pool, separate kids’ pool,  badminton and half basketball court, skating rink, yoga centre, amphitheater, convenient shopping area for daily needs, aerobic dance floor, family club enriched with recreational and sports facilities.

Splendid fountains are planned at the entrance that would help in rejuvenating the mind and soul of both visitors and residents. A combination of modern facilities, landscaped green area, and efficient utilization of natural solar energy would help an individual to live a healthy and comfortable life in Supercity Mayfair Residency.

VALUE FOR MONEY

Supercity Mayfair Residency is offering its apartments at a basic selling price range of Rs. 1,900 to Rs. 2,175 per sq ft. The exact price would depend on the floor and the payment plan opted by the customer. For example: A first floor apartment under the flexi payment plan would cost Rs. 2,195 per sq ft.

The good part is that the builder has included most of the other charges such as Club Membership, Power Backup, Lease Rent, External EEC, FFC and Open Car Parking in the basic sale price itself. The customer will have to pay separately only for IFMS, Power back up charges and PLC (if applicable), therefore the total cost of a 1,000 sq ft apartment on the first floor under the flexi plan would cost around Rs. 22,45,000, which is in line with that of the other projects.

We also computed the Usable Area to Super Area ratio for apartments in Supercity Mayfair Residency and noticed that it is around 68.1%. For example: A customer buying 895 sq ft apartment will get usable area of  around 610 sq ft as shown in the table.

TRACK RECORD

Supercity Developers Pvt. Ltd. is one of the new builders who have launched projects in Noida Extension. The company aims at developing properties that have unique finish, elegant architecture and satisfying layout. The company has developed various individual residential properties in Saini Vihar, Sarita Vihar and Preet Vihar. They have also developed few commercial establishments such as the offices of HCL and Birlasoft in Sector 57 and Sector 63, Noida respectively.

OVERALL

Supercity Mayfair residency is offering good facilities that make the life of residents comfortable. Moreover the builder is offering these apartments at reasonable prices, which is in line with that of the other builders. The location is slightly in the interiors, but good facilities and reasonable price compensate for it. The builder has some experience in developing residential as well as commercial buildings, and Mayfair Residency is their first group housing project. We feel that if the builder is able to successfully execute this project then it will be able to establish brand name in the real estate industry, which will help them in their future projects.