What Makes Noida a Hot Destination for Real Estate Investment?
 

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What Makes Noida a Hot Destination for Real Estate Investment?

In the last decade, if there is one destination that has encountered remarkable infrastructural development, a majority of people would name Noida as their first choice. And it is not just a fad, as there are enough reasons to back this opinion. The entire Delhi NCR region has witnessed unprecedented levels of urbanization in recent times making it one of the fastest developing hub of the North India.

On both residential as well as commercial front, the region has come up with several growth-oriented projects that tend to ensure its multifold development. In addition, several government projects add more to the growth prospects of the region. On doing a deeper segmentation, it gets clear that Noida is one such region that is all set to become next iconic city of India. The government’s decision to build NCR’s second international airplane terminal in Greater Noida’s Jewar district adds more push to region’s infrastructural development.

retail shops in noida

Though the real estate witnessed a temporary setback recently, it has again exhibited the signs of revival with the launch of some prestigious projects. Today, , Noida has been acquiring attention from all sides and is all set to become one of the most ideal destinations for real estate investment purpose. Many major real estate companies are lined up to invest their fortune by creating most astonishing luxury flats and business centers in Noida. However, there are several other factors that drive this change:

• The location of district’s administrative headquarters which is right at the center of the city. It paves the way for easy processing of administrative works.

• The widespread presence of IT and non-IT companies in various parts of Noida

• Rapidly expanding metro expanding with the launch of Magenta line and upcoming Noida-Greater Noida metro line

• The availability of highly skilled workforce in the region due to the presence of various engineering and management colleges in the vicinity.
The rapid industrial development of the region has triggered the growth of both residential and commercial properties to accommodate that housing needs of the workforce living here. For example, if you’re looking pump in money into a high-end retail space in Noida, the most trending options spectrum@metro .

As Delhi is rapidly heading towards a saturation point, the other regions of NCR are set to gain big from the rising population in the area. Comparing it with its counterparts like Gurgaon, Ghaziabad and Faridabad, Noida is largely considered as a smart and planned city divided into sectors.

commercial shops in noida

If you’re looking to invest in Noida real estate, the below information would be of high worth.

High ROI in near future– The maximum possibility of ROI for which Noida have is not a part of any other region. Most of the people invest in Real Estate in order to ensure safe and sound future with high returns.

City Wise Infrastructure developments– The addition of infrastructure had always paved a way in Noida. The city’s master plan envisions orderly development that upgrades the region’s social and industrial existence. The location is effusively revered by contiguity and easy connectivity.

Other points that call for Noida real estate investment are:

• Noida-Greater Noida Expressway
• Yamuna Expressway
• DND Bridge
• High Property Value Appreciation & Impressive Demand
• Availability of Reasonable projects

Considering the ongoing and upcoming developments in the city, it won’t be too early to say that Noida is all set to become the next world-class city of India in coming years.

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Spectrum Metro I: Phase-1 RERA Regd. No.: UPRERAPRJ6018, Phase-2 RERA Regd. No.: UPRERAPRJ6028, Phase-3 RERA Regd. No.: UPRERAPRJ6037, Phase-4 RERA Regd. No.: UPRERAPRJ6040

Spectrum Metro II: Project RERA Regd. No. Block (B, C & D) : UPRERAPRJ17035, Block (A & E): UPRERAPRJ427696 RERA Website: www.up-rera.in | 1 Sq.mtr. = 10.764 Sq.ft. Disclosure: All specifications, designs, layout, images, conditions are only indicative and some of these can be changed as per the discretion of the builder/architect/authority. These are purely conceptual and constitute no legal offerings. *T&C Apply