The Real Estate Market of Noida and Greater Noidaby Eldeco Group ELDECO INFRASTRUCTURE & PROPERTIES LTD
The cities of Noida and Greater Noida boast of having much wider roads and greener neighborhoods in comparison to Delhi. These systematically planned cities are considered to be prime realty hotspots of the National Capital Region [NCR] of Delhi. The well-developed infrastructure, flourishing IT sector and presence of several green spaces and parks in these cities makes them highly favorable destinations to settle down in for modern, urbane home seekers.
Localities in the Noida and Greater Noida that are expected to witness positive real-estate growth in the near future:
- Eastern Noida: The eastern side of Noida largely comprises of premium residential properties. The demand for these properties has remained consistently high over the years.
- Yamuna Expressway: Owing to the greenery present here, as well as its developed infrastructure, this stretch is highly preferred by several property investors. Multiple entertainment, retail, education, as well as healthcare facilities are available in and around this neighborhood. This region additionally provides great access to the vital areas of Delhi and Noida. These factors, as well as the proximity of the Yamuna Expressway stretch to the upcoming international airport at Jewar, make it a good real-estate destination.
- Greater Noida West: The western side of Greater Noida runs parallel to the important sectors of Noida and provides absolutely seamless connectivity to the heart of the city. Investing in property in Greater Noida along this neighborhood is especially popular as this locality enjoys a good proximity to the metro station, as well as the upcoming Faridabad-Noida-Ghaziabad (FNG) Expressway. The magenta line of the Delhi’s metro network, and the Jewar International Airport, is likely to provide a boost to the real-estate domain of this neighborhood to a great extent.
The proposed airport project of Jewar has played a major role in making the above-mentioned localities highly favored investment destinations among real estate investors. It subsequently has boosted the construction of both residential and commercial properties along the region.
Greater Noida as a real estate hub
Greater Noida has one of the most swiftly flourishing real-estate markets in the NCR. The many IT/ITes parks in this city, as well as the metro connectivity available here, has played a major role in boosting the real estate market of Greater Noida.
As per several experts, the real-estate valuation of any NCR locality depends on its connectivity to Delhi, as well as the amount of time taken from there to reach the National Capital. The overall connectivity of Greater Noida to Delhi has improved significantly over the years. Properties in Greater Noida Sector Omicron I especially boast of having incredibly good connectivity to the Delhi, as well an advanced socio-economic infrastructure, and hence are perfect real-estate investment options. This locality efficiently connects to Delhi via the 6 lane Noida Expressway. There are both 2 BHK and 3 BHK investments options available in this neighborhood. Majority of them have been developed by reliable and renowned real-estate companies. 2 BHK units along this region especially enjoy a high amount of popularity among investors, as smaller properties usually are faster and easier to sell.
Created on Sep 3rd 2019 07:11. Viewed 325 times.
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