Noida enjoys a robust realty market

Noida is a growing real estate market. It has experienced tremendous revivals over the last two decades with development in infrastructure status, amenities and a strong civic framework. And now since the new government is in place and several regulations pertaining to the industry are eased, there is an increase in the number of newly launched 2 BHK flats for sale in Noida. Ample availability of land for development is the main reason why developers choose Noida over Gurgaon. Since the latter is already developed up to the brim, builders have to look for other land options which they easily get in Noida and Greater Noida. These areas are still in the development stage and this is the reason why they garner higher value appreciation as compared to other parts of the National Capital Region (NCR). Real estate in Noida overwhelms with good scores.

 

Now that the real estate bill has been received with a positive nod from the parliament, the process of property purchase has become more transparent. As a result, domestic as well as NRI investors are showing renewed interest in 3 BHK Apartments in Noida. Other factors that contribute towards the growth of the market include the extension of Delhi Metro to far-off corners of Noida and Greater Noida. Moreover, the Greater Noida Industrial Development Authority (GNIDA) plans to set up its own power plant in the area which would ensure an uninterrupted power supply to the region. Connectivity with Ghaziabad and Faridabad has also increased via the FNG Corridor. The upcoming developments like Taj Economic Zone and the Export Promotion Zone along the Yamuna Expressway will also give a push to commercial activities in Noida. All these positive factors together become the major drivers of attracting investors interest in Noida. Real estate in Noida booms.

 

Initially, Noida was known for its affordable real estate market and the low pricing was also one of the major drivers. Though it is still comparatively affordable, this does not mean that it is not posh. Builders are also coming up with premium 4 BHK flats in Noida targeted at the upper-end buyers who are ready to spare some extra amount for the opulence. Real estate is a sector that sees more ups and downs than any other industry. One has to exercise caution and wit while making an investment in the property market. Noida is one such market that has several advantages and minimum downsides. A strong physical and civic infrastructure, better connectivity and high growth prospects make Noida a preferred investment destination. Upcoming projects in Noida sees popularity.

 

Noida is a growing real estate market. It has experienced tremendous revivals over the last two decades with development in infrastructure status, amenities and a strong civic framework. And now since the new government is in place and several regulations pertaining to the industry are eased, there is an increase in the number of newly launched 2 BHK flats for sale in Noida. Ample availability of land for development is the main reason why developers choose Noida over Gurgaon. Since the latter is already developed up to the brim, builders have to look for other real estate options which they easily get in Noida and Greater Noida. These areas are still in the development stage and this is the reason why they garner higher value appreciation as compared to other parts of the National Capital Region (NCR). Upcoming projects in Noida grows high.

affordable-apartments-in-noida

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s