- Views: 7
- Report Article
- Articles
- Finance
- Real Estate
Reasons of Buying Residential Property in Noida
Posted: Sep 06, 2014
In the present scenario where prices of the property in Delhi have become inaccessible, Noida comes as a pleasant respite to many buyers. Noida (New Okhla Industrial Development Authority) is a planned and integrated industrial town that was constituted in 1976. Touted as an industrial hub, it has undergone an exemplary shift in the real estate market. Many investors and developers have shown interest to develop modern Commercial town ships in Noida. Besides, it has also attracted many individuals, institutions, and corporate houses.
Its close proximity to Delhi and enhanced connectivity with other parts of India with a wide network of roads, flyovers and even a metro link has made it a desirable place for property investment. Even, many IT industries and companies are eying properties here to base their development centers in Noida. Several prominent developers like Gaursons, Supertech Group, Jaypee Group, Mahagun Group, etc. have introduced Commercial projects with luxurious apartments equipped with world class facilities. Now, let’s take a look at the reasons that make Commercial property in Noida a good investment option:
Reasons Of Buying Commercial Property In Noida:
- The city has one of the most well developed plans in NCR equipped for massive urban agglomeration. Its well developed civic infrastructure includes road network, sewerage, drainage, water supply and power infrastructure. Other planned developments include Formula-I track, Golf Courses, Night Safari, Expo Mart and Sports City.
- The city has a wide network of roads that connect it to various parts of the country. The roads are planned with less signals and minimum possibility of getting choked. A 30 kms metro rail plan extending from Noida to greater Noida has also been approved by the government.
- The prices of the Commercial Property in Noida are far less than the prices in Delhi and other developed metro cities in India. The prices of the property are also expected to rise in future due to the increasing developments going on here.
- Noida is in close proximity to Delhi and Greater Noida which makes it a favorable destination in terms of investment. So, the people who wanted to own a house in Delhi but were unable to do so, can choose instead to have one in Noida.
Col Monga Estates is the right name for you if you are looking for Commercial Property in Noida. It is a reputed Property Agent In Noida offering its services to foreigners, MNCs, Corporate, IT industry, business and export houses, professional executives and individuals. Its other offered services include Property Legal Advisor and Vastu Consultant. You can get the best deals in Commercial Apartment for Sale in Greater Noida. For details about hot properties in Noida, log on to http://www.colmongaestates.com/.
Col Monga Estates is a best property consultancy in Noida, specializing in Buying Property Services, Selling Property Services and Rent etc.