ACE Starlet: A Comprehensive Review of Noida’s Premier Luxury Residential Project

In the dynamic landscape of Noida’s real estate market, ACE Group has emerged as a formidable player, rivaling the reputation of established developers like ATS. Today, we’ll dive deep into one of ACE’s most popular projects on the Noida Expressway – ACE Starlet. This comprehensive review will explore every aspect of this luxury residential development, providing potential buyers and real estate enthusiasts with valuable insights.

1. Location and Connectivity of ACE Starlet

ACE Starlet is strategically located in Noida Sector 152, offering excellent connectivity and access to key areas:

• Adjacent to Sector 148 metro station (part of the Aqua Line)
• Approximately 24 km from Delhi (28-minute drive)
• Close proximity to Noida Sector 150, a popular residential area
• Near the NPX Star commercial project and ATS Picturesque
• Short distance from Shaheed Bhagat Singh Park, the largest park by Noida Authority
• Close to Advent Business Park
• 30-minute drive to the upcoming Jewar Airport

For those unfamiliar with the location, here’s a detailed route description:

1. From Kalindi Kunj, drive on the Mahamaya flyover
2. Continue onto Noida Greater Noida Expressway
3. Cover 21 km towards Pari Chowk
4. Look for Noida Sector 148 Metro Station on the left
5. Cross the service lane and underpass
6. Reach the opposite side of the expressway to find ACE Starlet

Highlighted Insight: “Very few people know that sector 152 is also a part of Sport City, which was allotted to the consortium of 10 developers. And this consortium was led by ATS.“

This Sport City status brings two significant advantages:

1. Lower FAR (Floor Area Ratio), resulting in reduced density in projects developed in these areas.
2. Developers can acquire land at more favorable prices in exchange for committing to develop common facilities.

2. Project Overview of ACE Starlet

Key features of ACE Starlet include:

• Land area: 6.8 acres (27,496 sq.m)
• Total towers: 5
• Tower configurations:
• A1 and A2: G+26 floors (2 BHK apartments)
• B1, B2, and B3: G+16 floors (3 BHK apartments)
• Total units: Approximately 492
• Density: 70 units per acre (lower than average due to Sport City status)
• Open space: 75% of the project area
• Green area: 11,258 sq.m
• Parking: 2 levels of basement, approximately 1,000 spaces (2 per family)

Tower Details:

• 2 BHK Towers (A1 and A2):
• 6 units per floor
• 3 lifts per tower
• Approximately 150 families at full occupancy
• Lift to apartment ratio: 1:50
• 3 BHK Towers (B1, B2, and B3):
• 4 units per floor
• 3 lifts per tower
• Approximately 64 families per tower
• Lift to apartment ratio: 1:21

3. Apartment Specifications at ACE Starlet

ACE Starlet offers spacious and well-designed apartments:

2 BHK:

• Super area: 1,350 sq.ft
• RERA carpet area: 815 sq.ft
• Balcony area: 204 sq.ft
• Features: 2 toilets

3 BHK:

• Super area: 1,775 sq.ft
• RERA carpet area: 1,185 sq.ft
• Balcony area: 188 sq.ft
• Features: 3 toilets, powder room

Highlighted Insight: “Overall, this unit of 3BHK is a perfectly planned layout for an apartment of this size.“

Key Points about Floor Plans:

• The difference between super area and carpet area is approximately 40% for 2 BHK and 34% for 3 BHK, which is at par or better than industry standards.
• 3 BHK units offer a large foyer area, spacious kitchen, generous living and dining areas, and a large master bedroom.
• Most units in the project will be three-sided open, ensuring ample natural light and ventilation.

4. Construction and Design of ACE Starlet

ACE Starlet employs modern construction techniques and design elements:

• Mivan technology without podium structure
• Double-height grand entrance lobbies in all towers
• 20% glass façade for a premium appearance
• Glass railings on balconies
• Italian marble flooring in living areas
• Engineered wooden flooring in bedrooms
• Modular kitchens
• Wardrobes in all rooms
• Floor-to-ceiling height: Not specified in the document

5. Amenities at ACE Starlet

ACE Starlet boasts an impressive array of amenities centered around the 30,000 sq.ft clubhouse named “Club Spade”:

• Lounge area
• Library
• Spa
• Cafe
• Gymnasium
• Yoga and meditation area
• Swimming pool
• Multi-purpose hall
• Various indoor game facilities

Outdoor amenities include:

• Landscaped gardens
• Children’s play area
• Jogging track
• Outdoor sports facilities (details not specified in the document)

6. Timeline and RERA Details for ACE Starlet

• RERA approval: May 2021
• RERA number: Not provided in the document
• Expected possession: April 2025
• Construction speed: Reported to be good, with timely delivery expected

7. Developer Background: ACE Group

ACE Group has established itself as a reliable developer in the Noida real estate market:

• 15 million square feet of delivered projects
• Known for timely delivery and quality construction
• Successfully delivered residential projects include:
• ACE Golfshire
• ACE Parkway
• ACE Divino
• Notable commercial project: ACE Capitol

ACE Group’s reputation has been growing with each successful project delivery, making them a trusted name in Noida’s real estate sector.

8. Pricing of ACE Starlet

Current pricing for ACE Starlet:

2 BHK:

• Base price: ₹14,714 per sq.ft
• Total cost: Approximately ₹1.99 crores (plus additional charges)

3 BHK:

• Base price: ₹16,000 per sq.ft
• Total cost: Approximately ₹2.84 crores

Highlighted Insight: “Now, there can be a concern about the project’s pricing. And it was not possible to even think that apartments in this location of Noida will reach the price of 16,000 rupees per square foot.“

It’s important to note that these prices are base prices, and actual costs may vary depending on the specific unit, floor, and any additional charges.

9. Market Analysis and Comparison for ACE Starlet

To understand ACE Starlet’s position in the market, let’s compare it with other projects:

• Pricing is slightly higher compared to Sector 150 projects (₹12,000 to ₹14,000 per sq.ft)
• Comparable to luxury projects like Godrej Jardinia and Kalpataru Vista
• Lower density compared to other Noida sectors due to Sport City status
• Potential for future development of sports facilities (though currently uncertain due to ATS’s financial situation)

Factors contributing to the higher pricing:

1. Strategic location near the metro station
2. Sport City status leading to lower density
3. ACE Group’s reputation for quality and timely delivery
4. Comprehensive amenities package

10. Pros and Cons of ACE Starlet

Pros:

• Prime location with excellent connectivity
• Lower density compared to other Noida projects
• Quality construction and amenities
• Timely delivery track record of ACE Group
• Well-designed floor plans, especially for 3 BHK units
• Ample open and green spaces
• Potential for appreciation due to Sport City status

Cons:

• Higher pricing compared to nearby sectors
• Lack of 4 BHK options for larger families
• Concerns about lift-to-apartment ratio in 2 BHK towers (1:50)
• Uncertainty surrounding the development of promised sports facilities
• Potential for noise pollution due to proximity to the metro station

11. Investment Potential of ACE Starlet

For those considering ACE Starlet as an investment opportunity:

• The project’s location and connectivity make it attractive for both end-users and potential tenants.
• The Sport City status could lead to future appreciation if the promised facilities are developed.
• ACE Group’s growing reputation may contribute to value appreciation over time.
• However, the high entry price point may limit immediate rental yields.

12. Comparative Analysis with Nearby Projects

While ACE Starlet offers a compelling package, potential buyers should consider other options in the vicinity:

• Godrej Jardinia: Offers similar luxury amenities but at a higher price point
• Kalpataru Vista: Another luxury option with comparable features
• Projects in Sector 150: May offer better value for money but with slightly fewer amenities

13. Final Thoughts and Recommendations

ACE Starlet represents a significant addition to Noida’s luxury real estate market. Its strategic location, coupled with ACE Group’s reputation for quality and timely delivery, makes it an attractive option for homebuyers and investors alike.

Key considerations for potential buyers:

1. Budget: Ensure the pricing aligns with your financial plans.
2. Long-term goals: Consider whether the project meets your long-term living or investment objectives.
3. Amenities: Evaluate if the provided amenities justify the premium pricing.
4. Future developments: Keep an eye on the progress of Sport City facilities and other infrastructure projects in the area.

Highlighted Insight: “If you are planning a luxury property in Noida Expressway and you have projects like Godrej Jardinia and Kalpataru Vista in your wishlist, then you can visit ACE Starlet. You will like the project.“

For those seriously considering ACE Starlet:

1. Schedule a site visit to get a firsthand experience of the project.
2. Thoroughly review the sample flat and floor plans.
3. Discuss any concerns about lift capacity or other issues with the sales team.
4. Consider consulting with a real estate professional for an unbiased opinion.

In conclusion, ACE Starlet showcases ACE Group’s commitment to quality and innovation in the real estate sector. While the pricing may be a deterrent for some, the project’s overall package – including location, floor plans, and amenities – makes it a compelling option in the luxury segment. As Noida’s real estate landscape continues to evolve, projects like ACE Starlet are likely to play a significant role in shaping the future of luxury living in the region.