New Okhla Industrial Development Authority (Noida) is a very large industrial township in the country. Now-a-days, it is preferred as a destination for IT and ITES in India because of its full transformation. It has achieved a lot of popularity in the recent years and has become a hub for many MNCs like Moser Baer, Pepsi, Videocon, Honda, LG, Tech Mahindra, HCL, TCS, Nucleus, Techspan, Indus logic, Xansa and many more. Many big real estate companies have contributed to the development of Noida like Unitech, Jaypee Group and Amrapali Group etc.
Trend of real estate in Noida - the huge demand of Noida property is because of the following factors:
1) It is close to metropolitan city Delhi
2) Many people are migrating from Delhi to Noida
3) Roads are wide
4) Many educational institutions are emerging
5) IT/ITES companies
6) 23-km Express Highway is built between Noida and Greater Noida.
Residential property in Noida - In Noida, around 40% of the land has been approved for constructing residential property because of the exceptional demand for residential apartments in the area. The demands are more for those complexes which are surrounded by all the modern amenities like Children Park, fitness centers, Fun Park, restaurants, medical aid centers, shopping centers and community hall. The preferred areas for the residential property in Noida are the sectors - 14, 15, 27, 28, 29 and 37.
Commercial property trends in Noida - The city has developed as a hub of malls, commercial markets, and Cineplexes. Many small and big industries, education and training centers have also been opened up in the city. The market of Sector-18 of Noida is a renowned recreational and shopping center. The requirement of commercial property is increasing by 40 million square feet a year. So, there is a huge potential in commercial property and the realtors are trying to attract more and more corporate investors. They are providing all the modern facilities in the offices that meet the international standards. The property market in Noida has gone up by 30 percent approximately.
An emerging destination for real estate: Greater Noida - Greater Noida falls within NCR region in Delhi. It is an emerging destination for both commercial and residential properties because of its express highways, metro extensions, and wide roads. It is also known as 'City of malls'. This is a great time to invest in property in greater Noida as the prices of the property will rise in this region in the near future.
The road ahead - The demands for both commercial and residential properties are touching sky-scrapping heights in Noida. Greater Noida also seems to attract more and more investors, realtors and developers because of its good infrastructure and direct connection with Delhi. The express highway facilitates the movement of people from Delhi to Noida. Within 1 or 2 years from now, Real Estate Noida is going to be marvelous in terms of infrastructure, modern housing apartments, civic facilities, expecting much higher Foreign Direct Investment.
Trend of real estate in Noida - the huge demand of Noida property is because of the following factors:
1) It is close to metropolitan city Delhi
2) Many people are migrating from Delhi to Noida
3) Roads are wide
4) Many educational institutions are emerging
5) IT/ITES companies
6) 23-km Express Highway is built between Noida and Greater Noida.
Residential property in Noida - In Noida, around 40% of the land has been approved for constructing residential property because of the exceptional demand for residential apartments in the area. The demands are more for those complexes which are surrounded by all the modern amenities like Children Park, fitness centers, Fun Park, restaurants, medical aid centers, shopping centers and community hall. The preferred areas for the residential property in Noida are the sectors - 14, 15, 27, 28, 29 and 37.
Commercial property trends in Noida - The city has developed as a hub of malls, commercial markets, and Cineplexes. Many small and big industries, education and training centers have also been opened up in the city. The market of Sector-18 of Noida is a renowned recreational and shopping center. The requirement of commercial property is increasing by 40 million square feet a year. So, there is a huge potential in commercial property and the realtors are trying to attract more and more corporate investors. They are providing all the modern facilities in the offices that meet the international standards. The property market in Noida has gone up by 30 percent approximately.
An emerging destination for real estate: Greater Noida - Greater Noida falls within NCR region in Delhi. It is an emerging destination for both commercial and residential properties because of its express highways, metro extensions, and wide roads. It is also known as 'City of malls'. This is a great time to invest in property in greater Noida as the prices of the property will rise in this region in the near future.
The road ahead - The demands for both commercial and residential properties are touching sky-scrapping heights in Noida. Greater Noida also seems to attract more and more investors, realtors and developers because of its good infrastructure and direct connection with Delhi. The express highway facilitates the movement of people from Delhi to Noida. Within 1 or 2 years from now, Real Estate Noida is going to be marvelous in terms of infrastructure, modern housing apartments, civic facilities, expecting much higher Foreign Direct Investment.
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