Strategic Development of Real Estate in Noida

With multinational firms like Parrot, Adobe Systems and HCL setting up base in Noida, and outsourcing IT services, Noida is well on its way to emerging as one of India’s biggest IT hubs. This could be attributed, largely, to its proximity to Delhi, and the presence of the Special Economic Zone that has prompted several major IT firms to opt for an office in Noida. Systems and HCL setting up base in Noida, and outsourcing IT services, Noida is well on its way to emerging as one of India’s biggest IT hubs. This could be attributed, largely, to its proximity to Delhi, and the presence of the Special Economic Zone that has prompted several major IT firms to opt for an office in Noida.

This has also led to a burgeoning demand for residential flats in Greater Noida and Noida, and a boom in property rates. For investors looking to invest in housing projects in Greater Noida, now is the perfect time.

When it comes to connectivity, Noida couldn’t be better placed. The DND Flyway, also known as the Noida Toll Bridge Facility, is a world-class expressway that acts as a swift transport channel, connecting Noida with Delhi. The Flyway was created out of a need to ease traffic on the two toll-free bridges previously acting as Noida-Delhi connectors, namely, Okhla Barrage and Nizamuddin Bridge.

The Flyway also makes it easier for residents to commute to Delhi, both from Noida and Greater Noida. Several realtors have taken up housing projects in Greater Noida, and are offering flats, independent homes and studio apartments in Greater Noida, as well as in Noida.

Upcoming residential hub in Noida

Where offices go, people inevitably follow. Noida’s new identity as an IT hub, is also attracting massive numbers of renters and buyers, who prefer to be situated close to their respective workplaces. Location concerns apart, Noida offers a host of other benefits, making it a great choice for residential spaces.

With builders going all out, developing swanky malls, posh housing societies, shopping complexes and offices, Noida is witnessing the origins of a budding residential hub. Flats in Greater Noida and Noida, are selling at a high premium, based on location, amenities and spaciousness.

The presence of reputed educational institutions, hospitals and shopping complexes, in proximity, works to further cement Noida’s position as a residential and corporate hub. Flats in Greater Noida can be had for affordable, mid-range prices, and offer all modern amenities for comfort and convenience.

Green consciousness in Greater Noida

An increase in residents and vehicular traffic in Greater Noida, has led to the development of an increasingly eco-friendly approach to building. Most of the housing projects in Greater Noida and Noida, are centered around greener and more environment friendly policies. The Noida Authority is also in the process of getting approval for a green belt in Sector 150, rendering it a development-free area.

Luxury Housing in Noida and Greater Noida

Owing to the strong demand for residential properties and housing projects in Greater Noida and Noida, builders have started to come up with comfortable and luxurious housing options in the area. A studio apartment in Greater Noida would set you back by anywhere between 23L to 49L. More spacious housing options are also available in the form of 1, 2 and 3 BHK flats. Godrej Golf Links is offering plush 2BHK homes with amenities such as a sky lounge, roof top restaurant and gymnasium.

Tying in with this spurt in the real estate and corporate sector in Noida, realtors are going all out to provide housing projects that cater to every need, and contain all modern amenities and facilities. There has been a huge amount of development in the real estate sector, with properties ranging from studio apartments, to flats and stand-alone villas. Property prices in Noida and Greater Noida are stable for now, but a steep incline is just on the horizon.

I am real estate blogger. I love to research and analysis on Real Estate trends.