Noida Realty Segment Growing Leaps & Bounds
Noida realty market has showcased a rapid growth owing to its significant infrastructure growth. Some remarkable infrastructure projects such as the Metro Rail, DND Flyway and the Yamuna Expressway have already set momentum for the residential estate development in the city. The city is now self-dependent, thanks to the establishment of corporate and IT hubs, along with some special economic zones, which contributed a lot in the growth of the city as well as the realty industry.
The property market of Noida offer quality homes as well as commercial spaces at highly competitive prices, if compared to that in the country capital. The Noida realty market is no less than that of Gurgaon and Delhi now, in terms of amenities and connectivity. But if we compare the realty segment of the two cities with Noida, the latter is still affordable, even in the luxurious segment, comparatively.
The Growth Model
Realty segment development of Noida is further backed by the mixed land use, which has been the game changer for the city’s realty face altogether. Mixed land use has certainly promoted a self-sustainable model, allowing the end users to enjoy the walk-to-work concept.
Introduction of residential projects
As already discussed, the growth of Noida is mainly driven by the onset of a number of infrastructural projects. Considering the overall growth of the localities, various renowned builders have launched their residential projects across different localities of Noida. Let’s discuss a few of such upcoming residential homes in the city.
Supertech Eco Village
Supertech Limited, the leading builder of the NCR has launched Supertech Eco Village, a premium residential property in the heart of Greater Noida. Located in Sector-1, Greater Noida, the project ensures best location advantages and boasts of all types of ultramodern facilities. These apartments are available in the 1 - 4 BHK configurations and are ready to move in. New booking base price for these homes is Rs. 17.05 to 82.88 Lac and the size range is 550 - 2364 Sq. Ft. The property is sprawled across 50 acres and offers 6518 units on sale. Supertech Eco Village has 82% of open spaces.
Wave City Center Edenia
Wave City Center Edenia is an ultramodern residential property being developed by the reputed builders Wave Infratech. Constructed with the modern technologies, the project is all set to stir the realty segment of Sector-32, Noida. Invest in these spacious serviced apartments of Wave City Center Edenia. The total number of floors is 49 and these aesthetically designed projects are available at prices Rs. 35.23 - 73.3 Lac. The area range of the properties is 422 – 878 Sq. Ft. Possession is due in December 2017.
Expert speaks
Ajay Rakheja, National Director, National Capital Region (NCR), Colliers International, informs that a number of new residential projects will reach the stage of possession in the next couple of years. The new Grade-A supply, which is expected to hit the market by 2015 onwards, will certainly bring more occupiers to Noida.
Noida localities have register a considerable appreciation, and the credit for this goes to the timely project delivery and the affordable price bands. A few other projects are in pipeline in Greater Noida West, fondly known as Noida Extension. So expect some more action in the realty segment of Noida!
Rashmi Karan is a writer and illustrator. Her areas of interest are the area and city specific real estate scenario of the Indian cities. Her articles about the real estate offer exhaustive information on the related topics.
The property market of Noida offer quality homes as well as commercial spaces at highly competitive prices, if compared to that in the country capital. The Noida realty market is no less than that of Gurgaon and Delhi now, in terms of amenities and connectivity. But if we compare the realty segment of the two cities with Noida, the latter is still affordable, even in the luxurious segment, comparatively.
The Growth Model
Realty segment development of Noida is further backed by the mixed land use, which has been the game changer for the city’s realty face altogether. Mixed land use has certainly promoted a self-sustainable model, allowing the end users to enjoy the walk-to-work concept.
Introduction of residential projects
As already discussed, the growth of Noida is mainly driven by the onset of a number of infrastructural projects. Considering the overall growth of the localities, various renowned builders have launched their residential projects across different localities of Noida. Let’s discuss a few of such upcoming residential homes in the city.
Supertech Eco Village
Supertech Limited, the leading builder of the NCR has launched Supertech Eco Village, a premium residential property in the heart of Greater Noida. Located in Sector-1, Greater Noida, the project ensures best location advantages and boasts of all types of ultramodern facilities. These apartments are available in the 1 - 4 BHK configurations and are ready to move in. New booking base price for these homes is Rs. 17.05 to 82.88 Lac and the size range is 550 - 2364 Sq. Ft. The property is sprawled across 50 acres and offers 6518 units on sale. Supertech Eco Village has 82% of open spaces.
Wave City Center Edenia
Wave City Center Edenia is an ultramodern residential property being developed by the reputed builders Wave Infratech. Constructed with the modern technologies, the project is all set to stir the realty segment of Sector-32, Noida. Invest in these spacious serviced apartments of Wave City Center Edenia. The total number of floors is 49 and these aesthetically designed projects are available at prices Rs. 35.23 - 73.3 Lac. The area range of the properties is 422 – 878 Sq. Ft. Possession is due in December 2017.
Expert speaks
Ajay Rakheja, National Director, National Capital Region (NCR), Colliers International, informs that a number of new residential projects will reach the stage of possession in the next couple of years. The new Grade-A supply, which is expected to hit the market by 2015 onwards, will certainly bring more occupiers to Noida.
Noida localities have register a considerable appreciation, and the credit for this goes to the timely project delivery and the affordable price bands. A few other projects are in pipeline in Greater Noida West, fondly known as Noida Extension. So expect some more action in the realty segment of Noida!
Rashmi Karan is a writer and illustrator. Her areas of interest are the area and city specific real estate scenario of the Indian cities. Her articles about the real estate offer exhaustive information on the related topics.
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