Noida Emerging as a New Hub for Real Estate Investment

Noida is fast emerging as a real estate hub for investment in properties. Noida and Greater Noida are the two hot cakes for the real estate investors. All big and small builders and designers have entered the real estate market of Noida in the past few years. Noida is the most preferred destinations for opening offices by most MNS’s after Gurgaon. And, a lot of export houses and SEZ’s have been set up in this region for growth and development.

Residential Property in Noida

So, owing to these reasons mentioned above, Noida has been witnessing fast growth and development in the past decade. The rich and the influential have been targeting the residential property in Noida due to investment returns it promises. All giant builders are plunging into the real estate market here. The projects being developed are huge with all kinds of basic amenities that are often referred to as community amenities. Noida is emerging as a complete industrial township. It’s close vicinity to the capital of India is another major contributing factor to its development and preference.

Prime Areas in Noida

The rising per capital income of the youngsters with an approach to having a working spouse is really contributing well towards the property demand. The young population is able to buy a property soon after a few years of working. Easy financing and loan facilities have further pumped in the demand for good residences and flats. There are some prime locations in Noida where the real estate market is appreciating very fast. The locations are Sector - 128, Noida, NH - 24 Highway, Sector - 131, Noida, sector - 117, Noida, Sector - 120, Noida, Sector - 1, Noida extension, Yamuna expressway etc.

Commercial Property in Noida

The Greater Noida West which was earlier referred to as Noida Extension, has seen the property prices appreciating by 15% in past one year. A lot of planning has gone into developing the infrastructure of this place. There are a lot of MNC’s that are setting up offices here. All major real estate commercial players have started working on new projects here. The metro extension is already happening till Greater Noida and Noida by itself is very well connected to Ghaziabad, Delhi and Gurgaon. This is a major factor as to why people prefer to stay in places like Gurgaon and Noida rather than in over-crowded Delhi.

Greater Noida has approximately 8980 acres of land area with it. And, there are already 75 builders who are already into real estate project development in Greater Noida. The residential and commercial property in Noida is getting a good hold in the market with a lot of prospective buyers around.

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Investment Advantages in Noida Real Estate

Noida real-estate is a booming sector of economy in the present times. It has developed at a remarkable pace within just a decade or two. Investors consider this an ideal destination to buy a property in National Capital Region. There are several advantages of investing in Noida's realty market. It offers the best that is available. Not only this, but also the variety of options that a buyer enjoys is bountiful. The absolutely unique location of Noida leads it to be the most sought after destination for residential, industrial and commercial purposes. It is adjacent to Delhi, Greater Noida and Faridabad and approximately 51.4 Km away from Gurgaon. Nevertheless, being seamlessly connected to all these areas makes it even more a desirable location for investment.

The Delhi metro rail corporation has been a boon for Noida. The introduction of Metro rail services has made it easier and quicker for a lot of commuters to travel on a daily basis. Those days are gone when you had to rely on the roads and bear the heavy traffic. Now, you can conveniently resort to metro services for travelling to Delhi or Gurgaon. However, the DND Flyway constructed over the Yamuna river can be of help to those willing to travel by car. Not only the transportation system is up to the mark, but also there is adequate provision of medical services as well. You can find several multi-specialty health care centers and get various types of medical facilities. These are made to take care of the ever-growing needs of a vast population. Even educational facilities are available in plenty. There are numerous schools affiliated to the renowned CBSE Board as well as engineering and management colleges.

In addition, the infrastructure of Noida is good. This city is spacious and relatively sparsely populated in comparison to Delhi. Also, the area is well-planned and well-built. As a result, there has been a remarkable growth in the real estate sector in Noida. There are ample amount of apartments and flats that will easily fit your requirements as they will suit both your budget as well as your preference. They offer world-class amenities like a swimming pool, gymnasium, playground, terrace gardens, intercom service and club houses that provide the residents with a wholesome lifestyle.

Noida and its nearby areas have in fact become a commercial hub and it is home to a lot of corporate offices like Ericsson, Adobe Systems, IBM, Canon, HCL technologies, NIIT Technologies, Nokia, Oracle, TCS, Samsung, Dell, Xerox and many more. Moreover, it is also a hub of commercial markets and shopping malls. The shopping complexes such as The Great India Place, Center Stage Mall, Ansal Plaza, the Star City mall, Shopprix Mall and a lot more have a wide array of clothing, footwear, accessories, jewelry shops, cosmetic shops, food courts and restaurants. Most of these also support multi-screen movie halls like Wave, BIG, PVR Cinemas and so on.

Also, there are amusement parks and water parks like The Great India Place theme park and Worlds of Wonder. Luxury hotels like Radisson Blu, Crowne Plaza, Jaypee Greens Golf and Spa resort lure the home buyers who have high purchasing power.

Thus, the city caters to all major demands of a world class city. The real estate property in this location at this point of time is well under the reach of a common middle class man. The market is so versatile that it serves from budget or affordable homes to all the way to world class ultra luxury residential projects. The investors with small ticket sizes and limited capital are most keen to invest in Noida. Well reputed developers like Supertech, Satya Group and many more have come up with affordable projects. Whereas, other reputed developers like Aashiana Homes Pvt Ltd and Amrapali Group have brought in their premium projects at a very lucrative price tag. The Builder firms have even made their projects extremely customer friendly by offering great payment plans. The customer is given a good amount of options and has a double win situation if he or she has the purchasing power. Therefore, be it apartments or flats, commercial or residential, real estate property in Noida is rising up with a great pace and unmatched services at competitive prices.

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