Why one should invest in Noida property?

In the present time when we think of buying real estate property in Delhi NCR, it appears to be a tactical job. Various aspects have to be analyzed before making an investment as it is a life time decision. Noida has emerged as a robust real estate investment over the decade. The speedy infrastructure development has fuelled the demand of property in Noida.  The rise in demand has also boosted the commercial real estate property.

The demand for Noida property is rising so stupendously that the real estate builders and developers are concentrating on luxury houses. A number of Grade A builders are showcasing their interest in luxury flats in Noida.  The property rates have been stagnant for the past few years. Due to this, it is the ideal time to invest in property and make good profits.

Following are the significant facts about the residential property in Noida:

1) It is seen that residential properties in Noida are available in multiple units, luxurious flats in Noida are much in demand, beautifully designed matching the global standards.

2)  Best real estate builders are looking forward to invest in this areas so as to derive the maximum benefits of infrastructure facilities.

3) Smooth roadways, underground electric wiring is and relatively less congested area are add ons.

4) The time it takes to reach Noida from Delhi is very less due to robust connectivity on the back of expressway and other alternative routes.

5)The demand for the residential property is rising that has fueled the growth of  industrial sectors also.

This city is now well established. It incorporates a slew of commercial properties, retail spaces with sprawling shops and extravagant malls. Compared to other parts of NCR ,  property in Noida is much more reasonable. The rates are much within the reach of many, therefore a major chunk of people prefer to buy luxury apartments in Noida.

As they expect greater returns on investment in the upcoming years. Giant companies and corporations are shifting their focus to Noida trying to establish their base. Several shopping malls, clubs, restaurants, multiplexes are located in the periphery for fun and entertainment purposes. Many good hospitals, institutes and school are also located in the vicinity.
This has captured a good amount of traction and many people not only from Delhi but also from other cities from across India are also showcasing their interest to invest in Noida.

Noida real estate property appears as an attractive investment destination.

Noida enjoys high end quality physical infrastructure and also shares a robust road connectivity in the form of metros, road & flyovers. Though it is not well connected to rail & air, it shares an easy access and connectivity to Railway station & airports in Delhi through metro. As a rapidly developing satellite town, Noida is witnessing a spate of new developments as a part of the master plan 2031- It is focusing on 75 & 150 meter wide roadways, flyovers, underpasses, sewer treatments & Ganga water supply and progressively working on it. The major highlight is the 400 MW supply that will fuel the power supply in the region

Dwarka Noida city will further extend to Pari Chowk that will play an instrumental in boosting the  connectivity of Noida to other parts of NCR. The proposed FNG, Faridabad- Noida- Ghaziabad Expressway is envisaged to cut down the traffic woes and boost the connectivity between Noida other key cities in NCR- Ghaziabad & Faridabad.  Likewise approval has been obtained for the Noida- Greater Noida Metro project. All these factors have contributed majorly in boosting the demand of real estate property in Noida.

Social Infrastructure of Noida

As a dynamic metropolis, Noida bestows robust social infrastructure. It incorporates  a range of top notch institutes & schools including Step By Step School, Amity International, Delhi Public School and many others lies in the vicinity. It is a home to several acclaimed universities. Moreover, Noida is additionally raising the social foundation adjusted to its long haul goals and surge in populace. As indicated by its strategy, it has apportioned space for more than 40 educational centers and retail offices.

Several fun and entertainment avenues are located in the vicinity. Popular malls such as Great India Palace (GIP), Center Stage Mall & Spice Mall etc makes an amazing hangout destination and is a treat to the shopaholics.Real estate property in Noida is booming rapidly on the back of robust social and physical infrastructure.

Noida also emerges as one the leading commercial market, being home to blue chip companies and some of the major IT companies such as IBM, HCL, TCS, and Adobe & Dell etc.  Noida has successfully evolved and transformed into an IT hub over the last decades. The city satnds vertically tall being the hub of  a wide range of  business & IT park such as Logix Cyber Park, DLF IT Park & Stellar IT Park etc. Likewise key SEZ development in Noida includes 3C Oxygen SEZ & Unitech Infospace SEZ.

Noida Realty Market

On the back of a flourishing physical & social infrastructure along with a rapidly growing office market, the metropolis enjoys a robust real estate industry with a slew of upcoming projects in Noida. The city also captures the treaction of the buyers  for its relativelyreasonable price when compared with other markets in NCR such as New Delhi & Gurgaon.  Reports reveal that prices in Noida ranges anything between INR 3,100 to 13,000 Per Square Feet (PSF)).

On the backdrop of a dynamic realty market, Noida boasts a list of over 70 major real estate developers and many builders who are showcasing their interest. A spate of upcoming projects in Noida appears as a great bet for early investors as well as users.

Real Estate in Noida : ‘What to’ and ‘Where’ to Buy

Noida was established in 1975 to fulfill the need for an integrated industrial township in the region around New Delhi.

Now more than 40 years later, Noida has easily surpassed the expectations of the men and women who mandated its creation. With a disproportionately high number of information technology companies present in Noida and the surrounding areas, Noida has often been quipped as the IT capital of the NCR.

The city has modern, futuristic IT parks, employing thousands of workers in addition to residential property which at first glance you could be mistaken to think were in Miami or the best parts of Los Angeles.

All this seemingly makes Noida a great place to live and work. Let’s look under the hood and try to understand how attractive it really is to own property in Noida.

Let’s look at one particular sector widely considered among the poshest in the city. Sector 93A, is the location of one of the most luxurious apartments in Noida with many great schools in the vicinity. On average property prices here have appreciated by less than 1000 Rupees per square foot over the past 8 years and have declined by 8 % over the past 6 months. Residential property in Noida, it seems may not necessarily be as attractive as many of us may believe.

When flats in Noida, at on of the most highly sought after and admired neighborhoods in the city exhibit such poor performance what does that say about the rest of the city?

Many of the top new projects in Noida at locations like Sector 121, 134 and 119 have shown extraordinary appreciation with one or two residential projects double the price it was 6 years ago. Though most of these new projects in Noida still cost significantly less than a crore, an astute investor could have doubled his portfolio had he the prescience to invest here a little more than half a decade ago.

To take another example, luxury apartments in Noida which cost over 1 crore, located at sector 78 have also greatly appreciated with one project by Mahagun appreciating over 150% since 2010. Clearly property in Noida is still vibrant with many takers flocking to buy flats in Noida.

How do we reconcile these contrary facts? Numbers don’t lie; they are not beholden to emotions or fits and they don’t take sides. One reason may simply be that demand for luxury apartments in Noida is tapering, with fewer buyers willing to purchase at upmarket locations like Sector 93A and others who still see property in Noida well priced for middle income home buyers.

Possibly another more accurate reason pertains to the opaqueness of real estate transactions. In mature developed sectors there may be a substantial transfer of black money between the parties involved resulting in the sales price publicly announced to be lower than the money actually exchanged between the parties involved.

In upcoming projects in Noida in newer neighborhoods; the large volume of buying and selling activity by enhanced number of first time home buyers and sellers, purchasing and selling homes paid for by bank loans which lead to greater transparency and foresight of real estate prices may be driving up prices, though not necessarily perniciously.

Property in Noida : Best is Yet to Come

When I was in the 12^th standard, now more than 20 years ago, I lived with my family in South Delhi. Often while waiting for the school bus in the morning I would overhear the conversation between parents who came to drop their young children to the bus stand. Invariably they would speak about buying a new home somewhere else in the city or the surrounding areas. The word “Noida” popped up the most often with many speaking of it as though it were the answer to all their prayers. Now I am nearly as old as those men were then and the name has lost none of its potency for those who want to own property in the NCR.

Property in Noida is still as great an investment as it was more than 2 decades ago. Although Gurgaon may have stolen some of Noida’s sheen over the past 10 to 15 years, the fact remains that property in Noida, bought, either as an investment or a permanent abode for you and your loved ones still makes perfect sense. Many market experts who devote nearly all their time analyzing real estate believe that in 2016 we will see a sudden and sharp increase in property prices. If these experts are right, there is no better time to buy property in Noida than now.

Prices of residential property in Noida have hit bottom concur market pundits. Now they have nowhere to go but up. With well over 200 new upcoming residential projects in Greater Noida west, Greater Noida and Yamuna expressway by top builders such as Supertech, Exotica and Jaypee the city is witnessing a renaissance after a slumber lasting half a decade.

Although many of these upcoming projects in Noida and Noida Extension have seen their prices fall since being launched, some upcoming projects in Greater Noida West have appreciated by more than 10% during that period.

What was once thought to be a panacea to solve most of the city’s problems is now Noida’s Achilles heel. I speak of course of Greater Noida which was once the planned destination for no less than an international airport. Had things gone according to plan, Noida would have easily come to rival the likes of Bangalore as an IT hub. Things however did not turn out that way and Greater Noida, once filled with a flurry of construction activity had only 1 new residential property launched this year with a mere 80 more under construction. Prices of property in Greater Noida are still more than 1.5 percent below what they were in 2013 and the city has not lived up to what was expected of it a mere 10 years ago.

If Greater Noida is Noida’s Achilles Heel, than Noida Expressway may be the city’s saving grace. Property on Noida Expressway has appreciated almost 3 percent over the last three years, and although there have been a few bumps now and then, the growth trajectory is largely positive.

One upcoming Noida expressway project includes 2, 3 and 4 BHK apartments being built by Jaypee Greens in sector 134.  Those who prefer functionality over living space have the option to purchase a 1 BHK flat in Noida Extension at Sector 129 under construction by Jaypee Greens.

As I implied at the start of the discussion, 20 years ago Noida was the Promised Land for upper middle class residents of Delhi. Owning property in Noida offered the chance to own a home where there were open spaces and where those even one income group below you did not feel like they were packed in a pigeon hole, never mind the “market price” of the pigeon hole, a pigeon hole is still a pigeon hole.

Now however living conditions in New Delhi have improved and other parts of NCR offer attractive opportunities to live and invest as well. My gut however says the best for Noida is yet to come.

Noida the Real Estate Hotbed of NCR

There are literally tens of real estate companies in Noida, yet not all real estate companies are created equal and this credo applies even more strongly when one has to make what will probably be the biggest investment of our life. Real estate companies building and selling flats in Noida are abundant yet there is a vast difference in the value for money they are offering to the buyer.

Home buyers seeking residential property in Noida may often commit themselves to a brand based on the heavy marketing campaign carried out by the real estate developer. As the recent example of Amarpali Group has shown us, potential homebuyers are often succumbing to slick advertising campaigns with celebrities endorsing a particular real estate company. The companies Sapphire complex has yet to be completed despite a 2 year delay. The Sapphire Complex had been launched by Amarpali in 2009 and buyers were promised that houses would be handed over in 2011.  Residents who now live in Sapphire complain of nonfunctioning elevators, fires and poor parking facility. Just goes to show, the slick brochures and big brand ambassadors may not necessarily mean the developer in question is one of the best real estate developers in Noida.

So how does one go about looking quality flats in Noida before deciding on the one?  One useful way to go about doing this is using the internet, there are companies out there that can help you live in your dream house. Among the top 10 property websites in Noida which may help home buyers buy a flat in Noida Magicbricks.com, and a recent startup know as PropChill.com stand out.

Not all of us are first time homebuyers but are instead seeking to buy a second or even third home either for a family member or as an investment. We may already have a home in the NCR region but luckily have some extra money which we want to invest hoping that the property will appreciate and we make a handsome return on our investment. Whatever the reason for a second or third home the most important criterion for all remains the same as that for our first home, where we buy the home. Although there are many new projects in Noida when it comes to finding a great location to own a second home you will almost certainly want to consider residential property in Greater Noida.

No matter what size of corpus you have to invest, residential property in Greater Noida offers a great selection of flats starting from only 41 Lakhs for a 1700 square 4 BHK flat up to 1.3 crore for a 2800 square foot  4 BHK.

The choice is yours, you are the buyer and though there has never been a better time to buy property in Noida one still needs to work hard and do his or her due diligence. Once you have taken the right steps and acted wisely owning that dream home or second investment home may be a piece of cake.

Why Buying Property in Noida Makes Sense

As a part of NCR and a large metropolis in its own right, for someone seeking to buy a new home investing in property in Noida is almost a no brainer. The city has great connectivity with New Delhi and a large number of builders in Noida offer homes to suit almost any potential home buyer.

Property in Noida, though not necessarily cheap, may still be more affordable than that found in other parts of the National Capital Region and of a quality that is just as good as or even better than some other parts of the capital.

One of the top builders in Noida, Jaypee Group has constructed high quality residential projects though many of these may not be in the budget of the average home buyer.  However with a large number of real estate companies offering affordable housing in Noida, there may never be shortage of affordable flats in Noida and Noida Extension.

For a young man or women seeking to invest in Noida and in his or her own future many builders are offering 1 BHK flat in Noida Extension for only 13 Lakhs the unit consists of 470 square feet with one bath. For someone with a low level of commitment but who is still in a position to invest in flats in Noida this may be the ideal opportunity as one could buy now and sell in the future making a tidy profit.

There is no shortage of residential property in Noida, with a large number of sectors consisting almost entirely of residential homes and with flats catering to young and old occupants combined with the construction of new projects in Noida the city has a bright future ahead of itself.

As in other parts of NCR there is an abundance of luxury flats in Noida, although similar properties in other parts of the capital may be less expensive. Among top builders in Noida catering to luxury home buyers Jaypee stands out, the Kalypso Court in Noida Extension offers 5 bedroom 6500 square feet apartment for the discerning buyer. Other good quality builders in Noida Extension include Omaxe and ATS Infrastructure who also offer luxury flats in the city.

Property in Noida is far more diverse than many other parts of the National Capital Region, although there are few super luxury developments as in other regions of the capital there are vibrant new projects in Noida Extension which may one day challenge the likes of Gurgaon or even New Delhi itself.

Because Noida is older than its cousin city Gurgaon with a constant influx of new citizens it rate of expansion has been greater. To be a part of this upward property trend Noida Expressway may be an attractive destination for home buyers. With reputed builders and developers in Noida like Supertech offering 4 BHK and 4200 square foot apartments in this part of the city, the Noida Expressway connecting Noida with Greater Noida may be a good reason to buy property in Noida and to live in your home.

On the surface flats in Noida may not appear to be a good place to buy a home compared to some other destinations around the Capital region. However for the price and quality they offer they are still an attractive place to live.

Top 10 reasons to buy residential properties in Noida Extension

1. Top 10 reasonsto purchase private properties in Noida ExtensionBy-

2.  The Property in noida Extension is thinking of goodoptions for purchasers and financial specialists. Alongside the reasonableness, betterliving alternatives accessible here make it a decent property destination. NCR in the most recent couple of years has thought of a plenty of alternatives forhome purchasers and speculators. Amidst these fluctuating propertydeals accessible in various parts of NCR, Noida Extension is seen asan up and coming private center point. With great future prospects and betterliving alternatives, Real estatemarket in Noida Extension is warming up.Unlike some time recently, the purchasers can now consider putting their hardearned cash in the private properties being created at thislocation in Noida.

3. Focused prices The situation of property costs at New project in noida Extension is something thatattracts a lot of purchasers. For home purchasers with differentrequirements and spending plans, designers have made some exclusiveoptions at Extension. Here, the purchasers can get some exclusiveproperty bargains that can be benefited at reasonable costs that too withoutcompromising on the offices and different elements.

4. Upcoming private center withmalls and shopping hubsNoida Extension is arranged as a complete private center point where onecan get everything extending from a need to an extravagance. For this, therewill be shopping centers and business areas being created byreputed engineers. Aside from this, schools and other wellbeing facilitieswill additionally be effectively open for the general population staying at Noida Extension.

5. Luxury apartments in noida Connectivity serves as a major component in making any property satisfying forthe purchasers. This component even backings the condition of Real estateat NoidaExtension. As far as network, this area gives an advantageto the property purchasers. The properties at this area will even ensureconnectivity through metro as the proposed metro connection will be close toproperties situated here

6. Connectivity with Noida andGhaziabad This area guarantees better availability with the proposedmetro as well as with the huge areas like Noida andGhaziabad. Noida Extension falls near these areas andmakes it simple for the purchasers to set out toward a way of life, which is moreconvenient.

7. Existence of the finest realtybrands of Delhi/NCRThe present status of private Real estatehas been made significantby the huge brands that are operational here. A portion of the leadingnames including Gaur, Eros, Exotica, Ajnara, Supertech, County andmany others are thinking of various private undertakings at NoidaExtension.

8. Best purpose of speculation inpresent scenarioIn terms of venture also, Noida Extension gives a lot of dealsto all the property purchasers and speculators. One can get some veryadvantageous bargains here and that too without trading off on anyof the prerequisites. The costs of private property at this locationare likewise entirely reasonable, which makes it appropriate for all. Thesecompetitive costs additionally improve this property destination in termsof speculation.

9. Real bequest problem area reflectingproper planningThis whole area has been arranged methodicallly, which reflectswell in the infrastructural advancement of the range. Under this, fall thewell-developed and wide streets (120 m.) alongside the internalsector streets (45 and 60 m.). Aside from this, the level of infrastructurealso mirrors the advanced methodology ingrained in the properties availablehere.

10. Modern living choices ataffordable pricesNoida Extension is among the most moderate areas in Noida.Here, the purchasers can get the most charming property bargains at theminimum cost of 22-25 lacs. This comes up as the essential featurethat makes purchasers swing to this area. Another key element is thefacilities and current living choices that the purchasers get the chance to investigate insuch advancements.

11. Coming up with some new top of the line Bilders in noida the elements of Real estateat Noida Extension are restricted tothe reasonableness as well as incorporate the forthcoming ultra-current projectsat this area. The best occurrence for this can be the upcomingresidential venture Saundaryam by Gaur. Some other high-endprojects will likewise be coming up here, which will contributein making it a craved Real estatedestination.

12. Good people group facilitiesNoida Extension serves the purchasers well regarding communityfacilities also. To give better surroundings to the occupants stayinghere, the powers have made tremendous segment parks. Alongside this,better offices have likewise been made arrangements for this area.

 

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