Noida Extension known as Greater Noida west has emerged as a top most profitable locality to invest in Noida. In the past few years as Noida has witnessed tremendous growth in the real estate market buying a property here is gradually becoming a costly affair now. With the rapid developed taking place in the suburbs of Noida, Noida Extension is currently grown as the center of affordable housing in Delhi NCR. With the rapid development taking place in this area the prices seems to have appreciated by over 15% over last few years.
The average of buyers investing on flats in Noida Extension has increased considerably. There are around five lakh home buyers who have booked apartments in this region. As the region has good capital value and good resale value buyers here are willing to pay the additional charges to buy property over here. Experts believe that the future of Noida Extension is very bright and have in fact already started reaping profit as far as appreciation in property rates is concerned. Noida Extension is gradually expanding and achieving economic stability by bringing new areas into limelight.
As the demand are increasing gradually the region is booming with realty projects and developers have launched many . Though Noida Extension has faced many issues and hurdles related to the land but Greater Noida authority have started giving additional compensation and developed land to the eligible farmer as per supreme court verdict. The major developers are about to start giving possession to the buyers in phases sectors in all major projects. Development authorities are rapidly laying out basic infrastructure like roads, water and electricity and a large areas have been dedicated to the green belt for healthy living. Noida Extension is well planned in terms of roads, commercial sector, basic infrastructure like school, hospitals, education institutes, banks, recreational area and many more.
As the demand are increasing gradually the region is booming with realty projects and developers have launched many . Though Noida Extension has faced many issues and hurdles related to the land but Greater Noida authority have started giving additional compensation and developed land to the eligible farmer as per supreme court verdict. The major developers are about to start giving possession to the buyers in phases sectors in all major projects. Development authorities are rapidly laying out basic infrastructure like roads, water and electricity and a large areas have been dedicated to the green belt for healthy living. Noida Extension is well planned in terms of roads, commercial sector, basic infrastructure like school, hospitals, education institutes, banks, recreational area and many more.
Noida Extension fairly offers a good options of property to the buyers whether it is 4BHK, 3BHK or 2BHK flats buyers can avail Newly launch projects in Noida Extension in proffered price. As the city is buzzing with activities there are around 75 developers who are coming with pre launch projects in Noida Extension It is expected that once the development of the area is completed it will potentially cater the population of around 10lakh in near future. In next 3-5 years the appreciation of prices is expected to almost double. As the property market of Noida Extension is known as a mix of affordable, premium, high rise apartments and independent luxurious villas the multiple rates of the projects, location advantages and the facilities and amenities provided by the projects, the region has emerged most promising in terms of affordable hub for middle class buyers as compared to other destination.
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