Real estate is booming, and not only in Delhi but around it as well. Places like Noida, Gurgaon and Faridabad are some of the hot favourites amongst the investors.
Realty at these places is growing and in different ways, where Gurgaon is the hub for residential projects, Noida is taking over the commercial aspect of real estate. Real Estate in Noida is now a full blown rose and not just a bud. With the Noida Property on the rise, this is quite a steal for all the commercial places that are coming up.
Since its status being defined as an SEZ, Noida has become the nub of commercial Property in NCR. Although it is more of a commercial area, there are residential buildings and projects coming up and in existence. So, for people who want to stay close to their place of work, Noida provides all this and much more. As mentioned earlier, Noida being a commercial hub will ensure sustainability in the sense of people knowing that amenities are provided around their workplace and their place of residence.
The presence of the Noida-Greater Noida Expressway ensures great accessibility and infrastructure to connect Noida to the capital and to the other regions of the NCR. The maximum votes would most definitely go to Noida for being the capital for commercial investment in the race for being the undisputed ‘king’ of the NCR Property. Noida wins hands down in so many areas, apart from great connectivity, be it by road or the metro, and the superb infrastructure Property in Noida offers affordability.
Since Noida is now regarded as an IT and ITES SEZ, the projects in and around these areas are now catering to the needs of the IT companies and people working here preferably look for projects that offer possession in the next 24 months. In Noida one can get a flat from Rs. 25 lakhs and upwards, so the issue of affordability is taken care of. The best part is that there is an array of projects that can be found here, with renowned names like the Amarapali Group, Unitech, Jaypee, Supertech.
Property in NCR, especially in Noida is available in plenty, but that becomes a problem in providing the customers quality homes and office space. When there are several builders building projects in the same area, they try to finish their projects before their competition and in most cases, they use low quality building materials which in the long run ruin the relationship between the buyer and the builder.
Also, Property in Noida faces a lot of delay in delivery time like other projects. Delayed delivery time not only causes a problem for the customers but also for the builders. But in all Noida is the place for investment as the appreciation of real estate in the future will increase by several times. Right now the time for investing is right as the appreciation in the near future will only skyrocket the prices and they won’t be affordable for everyone.
The Talking Brick offers on-site information of all properties in Noida. Read interviews, browse through issues/complaints and connect with fellow investors of real estate Noida.
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