Review : Investment in Prateek Canary Sector-150 Noida Loss or Profit

Residential Property Review

CPR Ratings

As per Location 
The Prateek Canary residential project is located in sector 150 Noida.  It’s a 12.55-acre development. Sector-150 Noida is the last location of Noida from Delhi.   The Prateek Canary is approx 6-KM from sector 148 Noida metro station.

Several mega IT-companies campus & commercial projects are just 10-minutes distance from sector 150 Noida such as Advant Navis Business Park, Bhutani Alphathum, Birla Soft, Met-Life, etc.

Prominent institutions and schools are in the closest proximity such as DPS (Delhi Public School), Genesis Global School, Shiv Nadar School, & Footprints Play School & Day Care Creche, etc. JP Hospital is just a 10-minutes away from Prateek Canary.

Possession | Construction Update

Construction Status Under Construction
RERA Registration No Prateek Canary- UPRERAPRJ591510
Start/Launch Date 28-5-2019
Possession Date April-2027
Construction Stage Ongoing
Land Area 12.55 Acre
Promoter Name Strongbiz Propbuild Private Limited
Construction Company Modern Construction Company
Architect Name Mr. Anuj Agarwal
Live Updates
COVID-19 Lockdown Status COVID-19, an event of ‘Force Majeure’. Completion/Possession extended for 6 months for all projects expiring on or after 25.03.2020 by the Government

 

Advantages | Good Factors
The Prateek builder is a well known real estate developer of Noida. The developer has delivered several reputed residential projects in Noida. Prateek builders are well known for their quality construction and timely possession.

The Prateek Canary has only 664 flats in a 12.55 Acre land, which is a very big plus point for residential living and investment. The project is full of openness and natural living. Sector 150 Noida is a low-density FAR area, and low density is good for living. The project is properly connected with Noida Greater Noida Expressway.

The project layout & design is very impressive. The project is full of openness and all the flats layout design is close to nature. The project offers apartments with a perfect combination of luxury and nature to provide a comfortable living. Overall the Prateek Canary is one of the best projects for living in sector 150 Noida.

Prateek Canary Price & Developers Delivery Track Record Comparison With Other surrounding Residential Projects

PROJECT NAME PRICE (PSF) POSSESSION RECORD/ REMARKS
Prateek Canary 4,500 Under construction, On-time delivery, quality construction, finest layout design
Godrej Palm Retreat 8,000 Under construction, Possession December-2024, It’s a very high price for a primary stage under-construction property
Godrej Nest 8,000-8,500 Under Construction, It’s a very high price for an under-construction property
Godrej Nurture 8,000-8,500 Under Construction, It’s a very high price for an under-construction property
Godrej Solitare 9,000 Under Construction, It’s a very high price for an under-construction property
ATS Pristine 6,000-6,500 Ready to Move, finest project for living 
ATS Le Grandiose 4,500-5,000 Under Construction
ATS Pious Hideaways 4,500 Under Construction
Samridhi Luxuriya Avenue 4,000-4,500 Under Construction, No appreciation
ACE Parkway 4,500-5,000 Under Construction
ACE Golfshire 5,000 Ready to Move, No special appreciation for the last 3 years
TATA Eureka Park 4,500-5,000 Under Construction, No appreciation
Antriksh Golf city 4,000  Delay, Under Construction
Sethi Venice 3,500-4,000 Stuck, Delay, Under construction
Destination-150 4,000-4,500 Under construction

 

Fact Check
The sale/booking price of Prateek Canary is very competitive in comparison to other residential projects of sector 150 Noida.

The construction and possession of this project depend on the sale of flats/space, so the project may be the delay.

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ALSO READ: 10 Best Commercial Property Investment Project Noida

Builders Profile | Track Record

  Prateek canary review,ratings,feedback,investment,advice,price, comparison,residential,property,projects,sector 150, noida
PREDECESSOR Prateek Buildtech (India) Private Limited
FOUNDED 2005
FOUNDERS Mr. Prashant Tiwari
KEY PEOPLE Mr. Prashant Tiwari, Prateek Tiwari
COMPANY | PROMOTERS Prateek
PRODUCTS Residential Apartments
AREA SERVED Noida
PROJECTS COMPLETED (RESIDENTIAL) Noida-Prateek Edifice, Stylome, Wisteria, Laurel, Fedora, Cliff
PROJECTS ONGOING (RESIDENTIAL) Noida- Prateek Canary, Grand City
PROJECT COMPLETED (COMMERCIAL)
PROJECT ONGOING (COMMERCIAL)
DELIVERY TRACK RECORD On-time
NET WORTH
STRENGTH
COMMITMENT Quality construction & maintenance
RISK Updating soon
DEBT Updating soon
LITIGATION  Updating soon
OFFICE ADDRESS Corporate Office:
A-42, Sector 67, Noida – 201301, Tel: + 91- 120-2595555, Email: corporate@prateekgroup.com
BUILDER CATEGORY GOLD

 

Conclusion
The Prateek Canary is the best project for living and investment in sector 150 Noida.  After completion/possession, the investors may get a minimum of 2,000-3,000 Per Sq Ft appreciation. Overall we can say that Prateek Canary is an excellent investment for less money.

ALSO READ: RERA Loop Holes

CPR Ratings

Investors Vote
[Total: 2 Average: 3.5]

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH

 

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