Top reasons why Noida Sector is witnessing high demand of housing space

Luxury and comfort can be derived at only one place. A place that you call "Home"... Depending on your social status and lifestyle, the meaning of housing options also change.

At Noida’s Sector 75, the housing space has only one definition.

"Quality Life."

Known for its high-end luxury apartments and premium luxury homes, Noida, Greater Noida and Ghaziabad have experienced a windfall of new real estate segment in the middle-class income population. The housing space in Noida Sector is witnessing an unprecedented demand and it is just the beginning of a new phase and new scheme of things in the real estate market.

Here’s a rundown on the factors that make Noida’s top schemes like 75 and Sector 73 the top destinations to invest and build a base around them.

Best Projects from Top developers

If you are willing to invest in Noida; the following projects are worth exploring. They are custom bred by reputed groups and are labelled as accommodations for international dwellers. The demand of housing space is huge in these projects.

Gardenia Group

• Golf City and Gardenia Gateway in Sector 75
• Gardenia Glory in Sector 46
• Gardenia Grace in Sector 61

These projects have 4,000 housing options. With demand on a rise, the next festive season is likely to usher a new set of buyer groups to the mega projects. Expected closure on the saleable units is December 2015.

• Antriksh Group
• Antriksh Forest in Sector 77
• Antriksh Golf View I in Sector 78
• Golf View II in Sector 78
• Antriksh Nature in Sector 52
• Antriksh Green in Sector 50

Other projects where demand for housing is high are developed by Supertech Group, Prateek Group and Sikka Group.

Price Appreciation

In the last one year, the property prices in the Noida sector has raised by 15 per cent. By the year end, it will zoom to 18 per cent. Swift infrastructure and developmental work on roads, lighting and water supplies are attracting bigger clients to invest in such projects in multiple deals. The housing demand in Noida Sector is high owing to the superlative appreciations achieved over the start-of-project evaluation.

Proximity to National Capital

No other factor is as big in the growing housing demand as this one. More people are drawing out of Delhi towards peaceful ambience of Noida. While the properties remain in Delhi, the families have no qualms about making Noida and adjacent areas as their new base. More than 34 per cent of the units in Noida act as the second base investment for clients from Delhi who drive down on weekends and finish a deal in an hour’s time!

Champion blend of Investor and end-users

Most real estate markets are saturated by the investors who jump to the game to make money. Noida sector has been genuinely directed at end-users too. The metro link connectivity and the new set of medical and educational facilities is a ‘dream come true’ for many end-users who had initial doubts about making Noida their home.

Gsv Naresh is a real estate blogger who blogs about India's realty market and also gives advice on buying residential projects and flats in India.For More Information about Real estate Visit CommonFloor.