Noida, also termed as New Okhla
Industrial Development Authority, has remarkably progressed over the few years.
With IT investments for growth of diversified range of facilities in Noida, the
city has witnessed significant growth in terms of its population. The escalations
in demands have formulated an enviable price appreciation for both residential
projects in Noida as well as the commercial spaces.
Noida's residential property
developers are coming up with a diversified range of projects and thus, this
place has consistently enjoyed a boundless expansion surge. Besides the
investment made by the common Indian folks, NRIs from distant corners of the
world are also the active participants in purchasing a property in Noida. The
factual reason behind this active involvement in the real estate sphere is the
affordability which lures countless people to invest in properties in Noida.
The strategic location of Noida
also makes it a wiser choice for capitalizing in either a residential or a
commercial property. Noida, considered as one of the exceedingly well planned
cities, offer wide roads and an idyllic traffic management mechanism. The DND
Flyover in Noida is also one of the best well-built road networks that connect
Delhi with Noida, thus granting freedom to reach the preferred destination
without struggling with the mess of traffic jams.
According to one of the housing
budget of 2013-14, the prototypical investors in residential properties will be
able to avail advantages of a further tax deduction if the par value of the
loan is more than 25 lakhs, thus luring the buyers to consider investing in
real estate. Moreover, the forthcoming real estate projects in Noida have been
drafted keeping in mind the common man's concerns and hence featuring
additional ultra-luxuries; all within an affordable range.
Being a chief industrialized hub
and one of the most well renowned BPO destinations, the residential and
commercial projects in Noida are continually evolving at a macro scale. Because
of its fame amongst the waged class, several extravagant properties in Noida
are planned with wide landscaped lush greeneries and small water bodies. The
best part is that even a 2 BHK apartment is well equipped with contemporary
facilities to pamper the residents in every way possible.
Unlike earlier, where a few
people were aware of Noida real estate development projects, presently there
are a pool of organizers that organize fairs frequently to endorse Noida's
property trade. These property fairs lay a concrete platform and bridges the
gap between insurance companies, housing financiers, and the common man. Hence,
if you have been planning to invest in the real estate domain, you should also
check out these property fairs.
