Investing in NOIDA Real Estate

Posted by vcode | Kerala,Realestate news,indian real estate blog | Monday 28 December 2009 8:45 am


NOIDA has become a hot destination for real estate developers in India. It is a planned industrial city. Its close proximity to Delhi has made it more attractive for buyers as well as sellers. Large MNCs and corporate business houses have opened. In this area and has led to growth of this region.
The demand for property has increased in NOIDA due to its close proximity to Delhi, many people are moving from Delhi to NOIDA. There is a good infrastructure like wide roads. There are many IT and ITES companies who have their operational bases and so there is development of educational institutions. There are many engineering colleges and MBA institutes that have come up in this area. The expressway between NOIDA and Greater NOIDA has also helped in escalation in real estate prices. The DND between NOIDA and Delhi has made the traffic movement very fast. With the advent of metro link from Delhi to NOIDA it has become very easy to commute from Delhi to NOIDA.

In NOIDA almost 40 per cent of the total land has been allotted for developing residential properties. There is huge demand for residential complexes having modern amenities like fitness centers, Children’s Park, Fun Park, medical aid centers, restaurants, community hall and shopping centers. Generally people prefer to buy properties in Sector 14, 15, 27, 28, 29 and 37. So in these sectors the rate of properties is higher than other sectors.
Greater NOID an extension of NOIDA also falls within the category of National Capital Region in New Delhi. It has become a hub for school and college education and you will find many engineering and management colleges in Greater Noida. It has very efficient infrastructure having wide roads and express highways. It has many malls coming up and is known to be a city of malls.
The demand for Noida real estate properties in residential and commercial sector are growing day by day. It is attracting many investors who are reaping profit in this boom.

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