Greater Noida has emerged as a hub of affordable housing in the real estate market of Delhi NCR. Developing rapidly this area is a booming property destination for investors and buyers. With the kind of development taking place here, the property prices have appreciated by more than 15% in the past one year. Ever since the property market has witnessed big developments in Noida, property investors have start making important venture in Noida and its suburb areas. From the past couple of years Greater Noida has witnessed many changes in the trend of the realty market and with the growing property market developers have launched many new schemes to satisfy the buyers need.
As Greater Noida has become a hot spot destination for realty investors. The area effectively meets the certain parameters that are required for investment in residential property like good social infrastructure, availability of adequate public transport and sufficient economic activity to sustain development and growth. According to the experts the future of this area is bright and buyers have already started reaping benefits in terms of appreciation in property prices. Due to varied reasons Noida has become a hub for end users and property investors alike. As the region is getting attracted by worldwide investors the demand of the property is continuously growing as a result of this developers are now coming up with top new projects in Greater Noida.
The development authorities are swiftly laying out the basic infrastructure like water roads and electricity. Lot of areas are dedicated to greenery for healthy and eco-friendly environment. Developed in a very planned way the city has well constructed roads and the projects are developed in proximity to all types of basic infrastructure like schools, hospitals, banks, education centers, shopping malls and many more. In terms of price the area is much known for affordable properties as compared to the any other regions of NCR. As the demand of the property are continuously growing in the city, the region is buzzing with activities. There are around 75 well know developers who are ready with a slew of projects offering 1, 2 and 3BHK flats, plots, villas and floors at affordable rates. Around 2.5 lakh buildup houses are set to deliver in coming next two to three years with an potential to cater around 10 lakh population.
Apart from residential property market, Noida is also flourishing commercially. Considering all the aspects of investment investors are more suggested to invest in commercial property as it is the most stable asset and attraction in real estate market today. Commercial properties are wisely prices and the price appreciation can only go up as the construction and the land cost of the project increases. As best commercial projects in Greater Noida are getting high on demand. Commercial developers are offering very lucrative plan such as assured return on investment till possession, lease guarantee for property before possession, possession link plan and many more.
In past couple of years Greater Noida has seen remarkable price appreciation and the prices are expected to double in next three to five years. A large number of buyers and end users who are looking for affordable option of housing are attracted towards the city for investment. The housing demand in Greater Noida is high and the region offers some prime housing solution that ranges from affordable to luxurious options. The residential projects in Greater Noida are not only budget friendly but also offers all types of facilities and amenities that a buyer needs. The real estate of Noida is considered as precious commodity and due to its superb connectivity to Delhi and other major cities, settlement of IT companies, well developed social and commercial infrastructure, great transportation facilities the real estate investors are lapping up the opportunity to become a part of the Noida growth story.
