Why the Time to Invest in Noida Realty is Right Now?by Eldeco Group ELDECO INFRASTRUCTURE & PROPERTIES LTD
Various 1, 2, 3 BHK flat projects in Noida, Gurgaon and other parts of NCR, both residential and commercial, have played significant part in the evolution of the cities. Now, NCR is one of the fastest growing regions in India as a result of several factors, including a large number of job opportunities and world-class infrastructure. With the real estate prices going up considerably, adjacent cities like Noida have benefited a lot. So, many have shifted their base to this city in search of better infrastructure and affordable real estate properties. The seamless connectivity to Delhi and other NCR regions through wide roads/highways and Delhi Metro is another factor that has worked in favor of Noida.
Reasons to invest in Noida
Noida is a systematically planned city with all the amenities and facilities of a metropolitan city. If you are looking to buy a property, then Noida is simply perfect for you. At Noida, there are immense jobs prospects and shopping options, apart from an upcoming airport project. Thus, investing in Noida real estate will definitely reap you rich rewards in the long run.
Jewar airport happens to be the prime attraction for every investor. It is touted to be one of the biggest airports in India area-wise. The price of real estate in Noida is very much affordable presently, but is likely to escalate once the Jewar airport becomes operational. The construction work on Jewar airport in Greater Noida is expected to commence shortly.
Immense job prospects
Currently, there is a lot of scope for employment in Noida. A large number of IT and ITES offices have opened branches in the city and there are other big companies also showing huge interest in the area. So, the job prospects are infinite and numerous. Once the airport becomes operational, all the MNCs get a good reason to settle down in Noida, leading to further increase in job opportunities.
Noida is unarguably one of the meticulously planned cities in India, as many visitors to the city were awe-struck by the planning of the city. The city is equipped with world-class road infrastructure and the jewel in the crown is Yamuna Expressway, an expansive road highway providing easy access to cities like Agra for people in Delhi and other NCR regions. There are a various parks, hospitals, schools and other facilities in the city. The metro line expansion is another highpoint of the city which would connect other parts of Noida with Delhi and other NCR regions.
Return on Investment (ROI)
Noida has all the qualities to provide its investors with an excellent ROI. Looking at the rapid pace of developments happening in the region, this is a foregone conclusion. As said previously, the realty prices are in the bracket of affordability right now, but will rise exponentially in future considering the proposed infrastructure and other development initiatives. So, this is the right moment to invest in Noida before the prices go through the roof in the long run.
Noida also has a good mix of luxurious and affordable properties to cater to the demand of everyone in the society. With prices of real estate peaking in the surrounding areas, Noida has become a natural choice for many home shoppers. There are enough budget properties for people with financial constraints to choose from. These properties will also appreciate in future, considering the all-round development happening around the city.
Thus, taking into consideration these factors, it can be safely concluded that Noida is undoubtedly one of the best places to invest in India. However, in future the prices are bound to head north, so the time to invest is right now.
Created on Dec 4th 2018 01:38. Viewed 211 times.