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Why buying property in Noida worth it?

Author: Juhi Walia
by Juhi Walia
Posted: Jun 07, 2017
The city of Noida is well-known for developed infrastructure, communication and transportation facilities. There are huge commercial complexes and lavish malls near every society in Noida. The greenery around their complexes adds to the beauty of these flats. Hence, there is an increasing demand for residential flats. Comfort and affordability have become the two main causes of the rise in demand for these flats. The properties in Noida are built with such attention and quality details that they are bound to lure you.

The following are the facts of residential flats in Noida:

1. There is an apparent High Wave in the properties of Noida. Due to the price appreciation in property all over, it has become a lucrative investment. Noida Residential Property is enjoying a great upsurge. Majorly the buyers get attracted to these flats for investment purposes.

  1. It has become a hub for people investing in property here and the flats are given as rents to the huge corporate population.
  2. The NRIs show preference for purchasing these high-end luxury apartments in Noida. These properties for them are their second home. Due to the societies offering gyms, swimming pools and such facilities, NRIs get attracted towards such ventures.

Seven Reasons of buying Property in Noida:

  1. Good Infrastructure: Due to its excellent infrastructure, it has the potential to become the next big thing in the world of real estate. The availability of land for further construction makes it rank above even Metropolitans like Delhi and Mumbai. Already it is next to impossible to think of constructing anything in Delhi. The luxury that these residential apartments offer is commendable.
  2. Big Players in the Field: At present the top-class developers are all eyeing Noida for their new launchings and most of these projects offer Avant-Garde lifestyle.
  3. Quick Disposal of Forgery Cases: Due to the implementation of new laws, all the cases related to land and property forgery will now come under the jurisdiction of the stamps department and hence there shall be faster disposal of cases.
  4. Connectivity getting Better: The connectivity has increased manifolds. There is now a direct line to connect to the capital city via Metro.
  5. Relatively Affordable Market: The property rates in Delhi and Mumbai are Sky-High, hence the prices are relatively lesser in Noida. Though the prices have undergone appreciation in 2013, they are still lower than their competitive markets.
  6. Close to Work Place: Since every year, a majority of population comes to Noida in search for jobs. And hence they prefer staying close to their workplace. This thereby leads to hundreds of professionals residing here. This led to increase in demand for the residential units, thereby paving way to development of structures and society looking for modern lifestyle.
  7. Assured profits in Return: a bug of property investment has bitten scores of people across Delhi & NCR regions looking to buy residential units in Noida.

Another very significant reason for their rise is the 23-km express way running between Noida and Greater Noida. This project to improve the infrastructure even further and would run across40 sectors of Noida has already started to fetch benefits in the properties there. The sites near the Expressway highway have their prices risen by 40 per cent in the past couple of years.

Summary: Noida is off lately experiencing a boom in their property. Investors are eyeing for the residential apartments there. May people are settling in Noida because of the infrastructure and the additional facilities that are provided by each society there.

About the Author

Saha Developers with having more than 25 years of experience in the real estate sector is known for bringing the remarkably designed masterpieces to life.

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Author: Juhi Walia

Juhi Walia

Member since: Jan 09, 2014
Published articles: 29

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