The fast advancing city of Noida
is a best place for investment. Despite the health of economy, improving
infrastructure, fast connectivity and rise in demand of affordable, mid and
luxury segments continue to attract buyers.
Noida has become a focal point
for the real estate owing to its close proximity to Delhi and enhanced
connectivity with the rest of NCR through a strong logistic network. With a lot
of developmental initiatives being undertaken by the Noida commercial property
in Noida is increasing every year at a very fast rate. The appreciation of
Noida property is one of the best in the NCR region.
Previously, most of the investors
has difficulty in deciding between the properties in Noida and Gurgaon. The
comparison between the real estate of Noida and Gurgaon takes into account many
factors, but Noida has an edge when it comes to the pricing factor.
The working class is increasingly
seeking out Noida as the best destination for investment as the area gives them
a very good return on investment (ROI). The project's like Supertech Supernova
has gained an appreciation of more than 30-35% from the time of their launch.
Noida, which was established
under the UP Industrial Act of 1976 to set up an industrial town and provide
residential units, has undergone a paradigm shift in the last few years. Noida
is a well-planned with more than 5,000 industrial, all the major IT companies
included, are eyeing this city to set up their development centers HCl, Logix,
Wipro, Accenture, Adobe, Birlasoft, CSC, Samsung, Sapient, IBM, etc. have
already set up their IT units here.
The frenetic rate at which major
builders and developers are launching large housing and township projects tells
the whole story of the fruitful investment opportunity in Noida. Experts, analysts,
developers and even buyers are agreed that Noida is a great place to invest in
real estate owing to its rapid connectivity with the rest of the NCR, improving
infrastructure, etc. The demand for residential and commercial property in
Noida is increasing by the year at a very fast and impressive rate owing to all
the above mentioned reasons. Job opportunities businesses, migrations,
investment avenues, etc., are expected to double in Noida by 2014, experts say.
The existing DND Flyover,
Noida-Greater Noida Expressway and the recently-operational 165 km long Yamuna
Expressway (Noida to Agra) provide very fast access to South Delhi, Faridabad
and Gurgaon. The metro rail-link (City Center Sector 32, Noida to Dwarka) has
boosted the profile of Noida because it rapid link to East Delhi and Central
Delhi. Noida - Greater Noida Expressway is a six-lane highway connecting Noida
to Greater Noida, another developing suburban city. The total length of the
expressway is around 23km, with 3km in Greater Noida and the rest in Noida.
As per Noida Master Plan 2021, 40
new sectors have been planned along the expressway, which have been divided
into further four zones. The existing expressway is undergoing an extension up
to Yamuna Economic Zone and the proposed international airport and aviation hub
at Jewar along the Yamuna Expressway. Therefore, Noida has emerged as a high
potential place generating huge traffic and economic development.
