Real estate in Noida enjoys a robust market as the city
is growing at a scorching pace and has witnessed spate of developments in the
recent past. Noida is one of the most well planned cities of NCR region and
this factor has been instrumental in attracting lots of demand. So, the city gives ample reasons to invest in
its property market. Over the past few years, Noida has emerged as a favorable
destination for real estate investment. Factors such as its close proximity to
Delhi, availability of world class infrastructure and sound physical and social
infrastructure such as educational institutes, hospitals and other recreational
facilities has brought real
estate in Noida up the curve.
It is important to note that Noida, the largest
industrial town of Asia, has witnessed a paradigm shift in the last decade.
Noida’s close proximity to Delhi and enhanced connectivity with the rest of the
country has been very instrumental in boosting its demand. Apart from this,
Noida boasts of a well-planned township and enjoys the presence of more than
5000 industrial units and over 5,00,000 population.
Catching the eyeballs of India’s IT and telecom global
powerhouses, over the past many years, Noida has become a central point of
investment by attracting real estate driven investment from giant companies
such as HCL, ST Microelectronics, Adobe Software, TCS, etc.
Four Reasons to invest in Noida
As a favorable destination, Noida is a great place to
invest in real estate because of the following factors.
Connectivity Corridor – Delhi Noida Toll Bridge
Construction of this connectivity corridor has made sure
that the commute between Delhi and Noida is fast, smooth, easy and hassle free.
With the help of this toll bridge, people can easily commute between two
destinations in seemingly two places of Delhi and Noida in very little time. As
a result, a lot of people based in Delhi can easily go for business meetings in
Noida and come back to Delhi, saving on the time factor.
Close Proximity to Delhi
Due to its close proximity with the national capital, the
demand for residential and the commercial property
in Noida is increasing year after year, at a very fast pace.
Appreciation of Property Value
Experts say that the annual appreciation in property
prices in Noida is about 15%. The figure demonstrates excellent prospects of
real estate investment in the coming time and gives an amazing opportunity to
earn large capital returns for the real
estate investors, keeping in mind the present slowdown.
Noida-Greater Noida Expressway
This has paved the way for better connectivity between
Noida and Greater Noida. Noida-Greater Noida Expressway is a six-lane highway
connecting Noida, to Greater Noida, which is a new suburb. The total length of
this Expressway is around 23 kms, with 3 kms coming within Greater Noida and
the rest in Noida.
A total of 40 sectors are planned along the Expressway
zone which is envisaged to boost the further connectivity of the city. And
additionally, these have been further divided into four zones under the Noida
Master Plan 2021. Construction of such connectivity infrastructure is expected
to change the demand dynamics of the city drastically.
