Why You Buy Residential Flats in Noida & Greater Noida

In the last decade, Noida city has developed by leaps and bounds by availing a global level of infrastructure for business enterprises across the world. However, major contribution has been accounted by the IT industry but other sectors such as manufacturing and educational institutions have helped to let the city being known even beyond Indian shores. However, in certain regions of Noida development has reached up to its optimum stage as sky rocketing land price and traffic conditions coercing prospective business enterprises and residential property buyers to look out for other options in less popular sectors of Noida as well as in Greater Noida.

Interestingly, development in Greater Noida region is growing at a rate at which a few years earlier Noida was being growing on. More importantly, inauguration of Noida Agra Expressway and now announcement of the Lucknow expressway have brought out a host of opportunities in this stretch. Metro railway is already decided to reach up to Greater Noida in the coming years.

People who a year earlier had booked residential flats in Greater Noida are enjoying the fruit now. For more clarification, a recent report has suggested that expecting a gain of 20 to 25 per cent per year in price of property in Greater Noida would not be senseless. To cash in on this opportunity, infinite numbers of builders have developed multi-storey buildings and townships on either side of the expressway that connects Noida to Greater Noida. However, major project holders here are the likes of Jaypee and Supertech but these colossal companies are majorly indulged in the race of creating luxury residence market. Mid-level apartments in full-furnished guise with early possession are available in the range of 3000-3500 sq ft. These projects are suitable for long-term investment purpose as well as within next five years real estate in Noida is expected to witness an astronomical growth in development.

However, we’ll suggest you to do self research and thoroughly investigate the firm’s background before staking your hard earned money up on them. False promises about possession and overestimated claims about building materials are common deeds that sometimes buyers suffer with. Shortlist reputed firms that are offering property under your budget and visit them to have better exposure of current trends before closing the deal.

Construction houses such as JM Housing are offering value for money projects in and around this region. A group of proficient engineers and investors run this twenty four years old company. They are known for building several nice projects across the NCR region. One of their ongoing projects is upright on Greater Noida’s soil as well. This mega township, named as JM Florence, consist 1100 2/3 BHK flats whose possession will be granted to owners by 2017. These residential flats in Greater Noida are currently under development phase hence are also being priced competitively. We recommend you to consider JM Florence if you are planning investment in real estate as it’s likely to return huge within next two to three years.

JM Housing offers luxurious residential flats in Greater Noida, in one of its ongoing residential project called JM Florence, JM Aroma and JM Plaza for residential purpose.