With its development spree that
is growing in leaps and bounds, Noida and Greater Noida are the next haven for
the real estate sector. The following article is a perusal of the same with
special reference to a particular project.
The real estate boom of Delhi/NCR
continues to grow at a regular pace with great returns almost every year. Even
during the real estate ebb, the NCR property market has shown immense
resilience and the increasing investments are a proof of the same. With the
realty boom in the satellite cities surrounding Delhi like Noida and Gurgaon,
the entire area of the National Capital Region is experiencing an explosion.
These areas have experienced a huge leap in the infrastructural development in
the last two decades that has bolstered the economic growth of the city as a
whole.
Noida, a district in Uttar
Pradesh, is located a few kilometres away from Delhi has come up really well in
the realty souk of north India. From a mere sluggish township, Noida emerged as
the next-gen realty destination for builders, investors as well as end-users.
The explosion of the realty market has been due to several reasons. One of the
biggest driving forces happens to be the economic liberalization and the
opening up of the Foreign Direct Investment (FDI) by the Indian government.
Gradually, the country saw the emergence of the Information Technology (IT)
that was all set to redefine Indian economy for generations to come.
Considering the fast paced
infrastructural development that is coming up all along Noida and Greater Noida
Expressway, has coerced builders and investors to capitalize in real estate
assets in these areas.
Going by the trends, it can be
said that the investments returns pertaining to the same are bountiful. The
six-lane Noida-Greater Noida Expressway that connects the 165 kilometers Yamuna
Expressway looks forward to put the twin cities into the hotspots of the Indian
realty market. The presence of Special Economic Zones (SEZs), hotels,
residential and commercial complexes across the twin cities offer tremendous
scope for growth in the real estate sectors.
There are 40 sectors along the
expressway that has been divided into four zones under the Noida Master Plan
2021. It has been so planned only in order to ensure proper development and
accommodate the multiplying populace. Already a hotspot for the realty market,
the area across Greater Noida is lined up with some of the best residential
projects
Sectors like 125, 143, 168 all
have become major destination for real estate investments. Development is at a
full swing in the real estate sector. These sectors, hitherto lying as simple
vast acres of land, has now become hotspots for the real estate market.
Let us look at one of the world
class commercial projects that are coming up across the area.
The project is titled as mist
avenue sector 143 noida and it is being developed by the Bhasin group. The Mist
Avenue is considered to be the top-notch commercial project that is
coming across the Noida expressway. It is a state-of-the-art commercial asset that
will encompass the best possible office addresses in Noida Expressway. Another
best aspect of the same happens to be the project is that, till now, it is the
cheapest commercial dotting the Greater Noida skyline. One of the most-awaited
commercial projects in Noida, some of the features of the project are listed
below:
Sprawling
Green Areas at different floor levels
Independent
lockable Scalable Units
Every Office
Unit a window and Balcony
Low
Maintenance Cost
Extremely
affordable prices
Exciting mix of
retails and good food chains
Ideal location
and easily accessible
Individual air
conditioning system
100% power
back up
Luxurious club
and lounge
With such
facilities, Mist Avenue is one of the most promising commercial projects that
are coming up in and around Greater Noida
Visit here new
and know more about new project of Mist Avenue is Festival
City Noida and Mist
Avenue Festival City Noida
