CategoriesCommercial Properties

Commercial Project Noida Sector 153 Ace Group


Ace 153 is a highly sought-after commercial project situated in sector 153, Noida. Ace 153 is a fusion of high-end retail and highly coveted office spaces. Ace 153 offers ground + 20 floors and ground + 21 floors respectively.

Spanning across an expansive 20,000 square meters, Ace 153 showcases meticulous design and attention to detail, ensuring a sophisticated and functional space for its occupants. This careful planning makes this commercial property in Noida an ideal choice for businesses looking for a modern and well-thought-out commercial space.

One of the key advantages of retail spaces in Ace 153 is its strategic location along the Noida Expressway. This offers businesses excellent connectivity to various key destinations and transportation hubs. The proximity to metro stations simplifies commutes for employees, while the forthcoming Jewar International Airport promises to open up even more opportunities for businesses in ACE 153 Noida commercial project to expand their reach.

Ace 153 is ideally situated near upcoming developments such as Paytm and TCS, making it a favorable choice for companies looking to tap into the growth of these tech giants. Additionally, office spaces in Ace 153 are also close to various prominent educational institutions, schools, and colleges, ensuring access to a skilled workforce. The presence of nearby hospitals and other amenities further adds to the convenience and well-being of those working in the area.


  • One of the largest IT/ITES plots (5 Acres*) in a huge institutional area
  • State-of-the-art architecture redefining the office and retail space
  • Gymnasium, yoga, and pilates studio
  • High-end rooftop restaurants and al fresco dining options
  • Lavish Office lobbies and glass curtain walls
  • Club Martini is spread across 20,000 sq. ft.* with a modern & lively environment


  • High-speed elevators
  • Round-the-clock security
  • CCTV Surveillance
  • Top-of-the-line concierge services
  • Grand-lounge area
  • Exclusive private lounges
  • Book reading area
  • State-of-the-art gymnasium, yoga, and pilates studio
  • Roof-top restaurants and Al-fresco dining options

Location Advantages

  • Ace Sector 153 Commercial Shops are less than ~500 m from the Expressway
  • Retail spaces in Ace 153 are within walking distance from the Metro Station
  • Jewar International Airport is in close proximity to retail spaces in Ace 153
  • The 40 acres of green development – Shaheed Bhagat Singh Park is also in close vicinity of office spaces in Ace 153
  • Several institutions like Noida International University, Galgotias University, and Sharda University are nearby commercial projects in sector 153 Noida

To know more about the project contact, Homez & Own

About The Builder:

Ace 153 Group is a renowned real estate developer known for its commitment to excellence and innovation. With a focus on quality and meticulous design, they create cutting-edge commercial spaces like Ace 153 in Noida. Their projects are strategically positioned, offering prime locations for businesses to thrive, and they consistently deliver top-tier solutions that meet the diverse needs of their clients. Ace 153 Group is a trusted name in the industry, synonymous with reliability and sophistication.

CategoriesHome Loan

How Can You Reduce Your Loan Rate Effectively?

Repaying a loan is quite a burdensome obligation, especially when it comes to a home loan. This is because housing loans are high-value loans taken for a longer period, and a huge amount of interest is paid over the loan tenure.

Hence, a loan with exorbitant interest can have an impact on your financial stability and mental well-being. Therefore, planning and trying to reduce your interest rates is essential. This enables you to repay your loan quickly and effectively without ever feeling stressed.

Ways To Smartly Reduce Your Home Loan Interest Rates

Before applying for a mortgage loan, there are a few things you should keep in mind. The first is the qualifying requirements, which are determined by your income and ability to repay. The mortgage cost, which comprises administrative costs, processing fees, prepayment fees, etc., is the other important consideration. Another crucial factor is the duration of your house loan, which can be approved for up to 30 years.

A home loan has many tax benefits. However, because home loan interest rates are higher, you can end up paying more EMIs. Changes in interest rates have an immediate impact on loans. Hence, the following factors must be considered to lower your interest rates.

Reduce Your Home Loan Interest Rates

1) Shorter Tenure:

The loan term is the main factor determining the interest. Longer tenures reduce the EMIs, while shorter tenures can assist in lowering the total interest amount that must be paid. A home loan interest rate calculator will show how interest rates can be reduced with shorter loan tenure. Hence, choose a tenure that can help in reducing the interest rates.

2) Prepayment:

Prepaying the loan is one of the best strategies to reduce loan interest costs and save money. If the rate of interest is floating, the borrower need not pay any pre-closure fees on loan prepayments.

Regularly making extra payments will considerably lessen the principal balance and, thus, the overall interest. However, lenders impose a fee for the prepayment of fixed-rate loans. Hence, check with the lender what type of interest you are being charged.

A systematic investment plan (SIP) in equity funds is a good technique to consistently save money that can be applied to the loan’s foreclosure. With a good average yearly return, saving 10% of the EMI amount over the course of your house loan will provide you with funds that are adequate to pay off a proportion of the loan.


3) More Down Payment:

Most home lenders generally finance between 75% and 90% of the total property value. The balance amount the borrower must contribute. Hence, it is best to pay more down payment rather than paying the least amount. The loan amount will be smaller if you pay more upfront, which reduces the interest you must pay.

 More down payment

4) Credit Score:

The CIBIL/credit score depicts your credibility and responsibility towards your previous or existing debts. A 750 plus score is regarded as very positive, and lenders consider you as a financially sound, reliable borrower with lower risk and offer better loan terms, especially concessional interest rates.

Credit score

5) Negotiation:

If you have an exceptional credit history or an established relationship with your lender, you can negotiate with the lender for lower interest rates. Having a steady income source, nil current EMIs, etc., will make the lender offer loans at extremely low rates, which will save you money.

6) Home Loan Balance Transfer:

While current home loan borrowers opting for floating interest rates do benefit from rate decreases, most financial institutions offer refinancing loans or a loan balance transfer at reduced interest rates.

Transferring the outstanding amount to a lender offering reduced interest rates is an option you can consider if the rate your present lender charges is higher. Apart from saving money through lower interest rates, a borrower also gains from improved features like tenure extension or reduction, which ultimately influences the monthly home loan instalment.

7) Compare Interest Rates:

Before choosing a loan, conduct in-depth research and compare rates. You can get a clearer idea of the interest rates and other fees of various lenders by visiting one of the many third-party websites available. It is, therefore, best to compare the interest rates on loans offered by all banks before settling on a certain bank.

8) Increase EMI:

Some lenders provide you with the option to change your instalment once a year. Therefore, if you have changed jobs and received higher pay, you can always choose higher EMIs to shorten the tenure. Additionally, once the tenure is shortened, the total interest you must pay on your loan will decrease significantly.

9) Do Not Skip Payments:

You must ensure that you make timely EMI payments. Missing an EMI will negatively impact your credit profile, and you will incur significant interest costs and penalties for a late EMI payment. To pay your EMIs, the ideal option is to designate a specific date for a direct debit of your account. When the EMI is due, you must make sure sufficient funds are there in the bank.

10) Floating Interest Rates:

Despite being set by the government, the interest rate on house loans differs amongst lenders. The majority of lenders provide both fixed and floating interest rates. A fixed rate does not change during the loan term, while a floating interest rate is adjusted every quarter in response to multiple economic factors.

Fixed rates often cost 1% to 2% more than floating rates. Loans with adjustable rates are more affordable. Therefore, choose a floating-interest loan if you anticipate a decline in rates and wish to reduce your interest expense in the near future.

Floating interest rates

Closing Thoughts

When it comes to getting your dream home, a home loan is a blessing. Even if your EMIs appear reasonable, the high interest might nearly double the value of your loan. To increase your savings at the end of the day, a wise financial strategy would include reducing the interest paid on the house loan EMI.

There are many strategies to lower your EMI and lower the amount of interest you pay on your home loan. Opt for one or more of the aforementioned alternatives to lower the interest paid on your loan.

CategoriesHome Buying

What is apartment? Understand the Difference Between a Flat and an Apartment

Apartment life has transformed the way of living for people in many ways. The first and foremost reason is excellent connectivity. Residing in the city has its perks because you can easily travel to places you want to go the most, especially commuting to work, hospital or even recreational spaces. It’s not just the connectivity, but also the amenities that come along with it. From 24/7 security, multipurpose gyms and swimming pools to Party halls, waste management systems and more, apartments have redefined the living experience for families. So before we get into the details, let’s get the basics straight. What is apartment and how is it different from a flat?

What is an Apartment?

What is apartment
An apartment is a residential unit that is a part of one or more residential structures, or a distinct home within a house which has its entrance, bathroom, and kitchen. Apartments are generally one-story apartments located in a multifamily or multi-unit building. Depending on the number of units, the building itself may be commercial property, while the apartments are residential real estate.

Types of Apartments

There are so many types of apartments out there and potential home buyers have no idea what is right for them. That’s why we are here to guide you through the various types which will eventually help you choose the right one, that will not only meet your needs but also exceed your expectations.


What is a studio apartment? A studio apartment is a compact living space that features an open layout. It includes a single room where the bedroom, living room, and kitchen are combined, In addition to the integrated living spaces, a studio apartment typically includes a separate room dedicated to a complete bathroom. This partition offers a sense of privacy and convenience, maintaining the practicality of the living arrangement.

Alcove Studio:

An alcove studio is more or less similar to a normal studio apartment but with a twist. This living space involves an L-shaped partition in the living room. Essentially, it has a designated nook called the alcove where the bed is placed, making it easier to add curtains or walls for increased privacy. This clever design allows for a more defined sleeping area within the open space of the studio, enhancing privacy and functionality.

Convertible Studio:

A convertible studio is like a regular studio but a larger version, allowing for the addition of a wall to create a complete bedroom. They’re called convertible apartments because they have enough space to convert an area into an extra bedroom or a secondary space, sometimes called a convertible two-bedroom or two-bedroom flex. It’s important to note that some apartments might not permit new walls or may charge a fee for such alterations.


Lofts are distinctive for their spacious single-room layout, offering an abundance of space without the traditional room divisions. These apartments feature high ceilings that give an airy and open atmosphere, creating a sense of volume within the living space. Large windows are standout features in loft apartments, providing ample natural light with an urban cool setting. The exposure of brick walls and support beams adds an aesthetic touch, reflecting the building’s commercial origins.


The term “high-rise” is used to describe structures that are taller than the average buildings in the area. They are a building that stands tall, typically defined by a large number of floors or stories – 12 or more stories to be precise. Apartments in Noida especially feature multiple units, accommodating a considerable number of residents.

What is the Difference Between a Flat and an Apartment?

When it comes to choosing a place to call home, the terms “flat” and “apartment” are often used interchangeably. However, these two types of residences have subtle yet significant differences that can impact your living experience. In this blog post, we’ll delve into the distinctions between flats and apartments to help you make an informed decision when considering your next abode.

Building Design and Structure:

Flats are buildings that have a less formal or ornate architectural design. They may be part of a converted house or a purpose-built structure with a simpler layout. Apartments on the other hand are typically found in modern, purpose-built structures with a more formal and standardized design. They may be part of high-rise buildings or large complexes.

Size and Layout:

Flats have smaller living spaces. The layout is more compact, and the rooms are interconnected. While apartments, especially in newer constructions, tend to offer a more spacious layout with distinct rooms. These apartments feature open kitchens and larger bathrooms.

Ownership Structure:

In some regions, people commonly associate the term ‘flat’ with properties available for rent. However, individuals or co-op and condominium associations can also own flats, either individually or collectively. Apartments on the other hand can be both rental units and individually owned properties. Apartments in high-rise buildings are more commonly associated with ownership, while those in smaller complexes may be predominantly rentals.


Flats are known to have fewer amenities as compared to apartments, especially in older buildings. Residents may have access to basic facilities, but other facilities like gyms and common would be limited. Apartments, particularly in modern complexes, often come with a premium range of amenities such as fitness centres, swimming pools, party halls and waste management systems. High-end apartments may offer additional luxuries like concierge services.

Cost and Affordability

People may perceive flats as more affordable, especially in older buildings or converted houses. However, location and other factors can significantly influence the cost. Apartments in newer, high-end buildings or prime locations may come with a higher price tag. However, there is a wide range of affordability depending on the type and location of the apartment.


Understanding the nuances of these properties is a very important aspect to consider when buying a home. Be it the charm of a flat or the modern conveniences of an apartment, understanding these differences will help you find a home that suits your lifestyle and preferences. At Confident Group, we envision giving our potential homebuyers premium flats and apartments that prioritize comfort and convenience with a touch of luxury, that elevates the living experience.

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At Homez & Own, we are not just a real estate firm; we are architects of dreams, builders of futures, and partners in your journey to property success. 

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