Tue. Jul 7th, 2020

Why It Is The Best Time to Invest in Realty Market of Noida and Greater Noida

Delhi/NCR is the fastest developing regions of India because of different supportive aspects including high paying white collar jobs and best in class physical infrastructure. The price of real estate in national capital, Delhi is soaring to an exorbitant height. Because of increased real estate prices, the adjacent cities like Noida and Greater Noida are flourishing and people are switching to these places in sake of better infrastructure and minimal real estate pricing. Besides, government is also supporting this move by enhancing the connectivity to these places via highways, wide roads and metro rail. Noida is the well planned city of Uttar Pradesh and residential and commercial developments are going hand in hand to support its development.

Living in Noida offers multiple benefits like better job opportunities, and an airport coming up in the area. Investment in the affordable housing projects in Noida and Greater Noida is going to be the best and profitable decision indeed.

Better Connectivity

Noida and Greater Noida both are registering crucial infrastructure development for better connectivity. Aqua Line of Metro connects Noida with Greater Noida and Delhi and it is the major factor for development of the real estate sector in this city. The rents of commercial spaces and residential properties are already on its high and expected to go up further. IT firms and organizations are now turning their head to this place and planning to shift their offices to Greater Noida and Noida, especially after the advent of smooth metro connectivity.

Further the connectivity in these places is boosted via Eastern Peripheral Expressway that will connect Kundli-Sonepat with Palwal to Greater Noida and this offers opportunities for Grade-A commercial building and warehouses to come up in this city.

Jewar Airport

The commercial real estate in Greater Noida is likely to get a shoot up with the construction of the largest airport of India at Jewar. After the completion of airport project, the real estate prices in Greater Noida would increase and many companies are already planning to shift their office in close proximity to the International Airport. If IGI Airport is behind the success and growth of Gurgaon, then Jewar Airport would be the reason for the success of Noida and Greater Noida. Apart from commercial buildings, a variety of Upcoming Residential Projects in Greater Noida is being developed in proximity to this upcoming international airport. About four thousand acres of land is developed for 1st phase of the airport and more will be developed in the subsequent phases.

Infrastructure Development

A gigantic transportation hub along with mega railway terminal is also planned in Noida and Greater Noida. This will further increase the opportunities for new employment in the area. The government also has a proposal for the Fast-Metro Train Project between Greater Noida and IGI Airport. The city also has a variety of upcoming infrastructure projects and Completed Projects in Noida both by private builders and government. This will further boost the infrastructure development of the city and improvises the prospects of commercial and residential real estate. More and more companies will shift their operations in the city leading to increased employment opportunities in coming years.

Social Infrastructure

Noida and Greater Noida, both have witnessed many developments of social infrastructure and many more are still in pipeline. Both these places already have some of the globally reckoned brands for schools like Amity University, DPS, Kothari Public School, Ramagya, Khaitan Public School and more. Besides, the city also comprises some of brand stores, malls, world renowned hospitals like Fortis. Many more new five star hotels and malls are coming up to make its social infrastructure development list bigger.

Moreover, Greater Noida is bordered by many companies like Micromax, Lava International, LG and more. Many other brands have huge investment plans for Greater Noida in coming future. Government is also planning for more infra development and companies also prefer this suburban part of Delhi/NCR for their new offices and production units. So, it is just the matter of time before the residential and commercial real estate starts flourishing here.

So, plan to invest in Property for Sale in Noida and Greater Noida to get higher ROI from your investments. There are many good options for real estate investments and you can have complete list of properties from the website of PlanMyProperty.