Invest in Greater Noida West for the Best Affordable Homes!by Ananya Chopra Seo Analyst
Greater Noida West, also known as the Noida Extension, has emerged as the hub of affordable houses in the booming real estate market of Delhi NCR. In the last year, property rates in the area have increased by 15% in Greater Noida West.
Greater Noida West is spread across 3,635 hectares (8,980 acres) and is just 4-5 km from Sector 121, Noida. The area has seen a huge activity with over 75 developers launching a number of projects in the area at affordable rates. The area is slated to deliver 2.5 lakh homes over the next 2-3 years which will cater to over 10 lakh people.
Buyers and investors looking for affordable apartments in Noida should look at the Greater Noida West location to get the best deals. The area is expected to see a further increase in prices over the next few years.
A number of buyers who have invested in property in Noida have already started reaping excellent returns due to the appreciation in property prices. Noida Development Authority has ensured that the area gets excellent infrastructure including water, roads, and electricity so that buyers can live a stress-free life. There is a huge green belt in the area which will ensure a peaceful and healthy life to home buyers.
The area is slated to get excellent connectivity via the proposed Metro line, which will roll out in the next couple of years. Greater Noida West is already well-connected to Delhi via Noida. The proposed extension of the existing Sector 32 Metro line up to Greater Noida West through Sector 72 will make commuting a breeze for the home buyers. The 7km-long stretch is expected to cost around Rs 1,400 crore.
In comparison to other places of Delhi NCR, including Gurgaon, Faridabad, etc, Greater Noida West is witnessing an excellent development in infrastructure, with well-planned wide roads, and also boasts of a number of civic and social facilities like hospitals, schools, educational institutions, and commercial sectors. In the coming years, property in Greater Noida West will see a multiplier effect due to the metro connectivity, multi-level transport system, and other connectivity corridors.
The property prices in Greater Noida West are still more competitive than any other real estate destination of Delhi NCR, which makes it a very attractive option for home buyers. Property prices in Greater Noida West are expected to double over the next three-five years. The prevailing property rates in the area are between Rs 2,600 to Rs 3,500 per sq. ft. which is still affordable to the common man.
Greater Noida West is a future city which is poised for growth. It is very well-planned and offers an excellent combination of living in sync with nature while having access to all luxury amenities and facilities. The area is one of the best real estate investment destinations in NCR for buyers right now!
Also, Godrej Properties launch Launch new project in sector 150 Noida,which called Godrej Nest. for more details visit: www.godrejnestnoida.in
Created on Nov 1st 2017 05:23. Viewed 743 times.
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