Greater Noida is increasingly becoming a hub for residential and commercial developments. The better infrastructure, an impressive residential, commercial and educational facility overall adds to the growth of real estate sector in the region.
1. Greater Noida property scenario overlooks a Prosperous future
Overview :
In the contemporary milieu, real estate sector in Gurgaon has been observing an
affluent scenario. Both the residential and the commercial properties in Gurgaon
are selling like hotcakes. The preoccupation rate is high in this region. Also, many
builders and developers are making huge investments in the city with each passing
day.
Greater Noida is touted as the top investment destination. It provides an effective
intra and inter-city public transport system. The state government approval on the
metro project also adds to the growth of realty sector in the city.
Commercial Developments :
With its magnificent buildings and the sprinting economy, Greater Noida is at the
heart of India’s rapid growth. Covering an area of 153.63 acres, Greater Noida
commercial area includes shopping malls, multiplexes, and schools, colleges to
name a few.
The Greater Noida Industrial Development Authority also comes up with many time
to time schemes for commercial sector allocations. Opportunities of investment in
the commercial space include: Plots, Built-up space, Booth facilities, etc.
2. Residential Growths :
Located near to capital city Delhi and Noida, Greater Noida eyes an overwhelming
demand in residential sector too. People from all regions prefer staying in greater
Noida as the city provides suitable residential options.
2-3BHK flats, apartments, bungalows and the condominium are some of the most
common options to reside in the city. Outstanding golf course spread on over 400
acres of land is another wonderful factor for real estate investments in greater
Noida.
Supertech, Amrapali, Logix, Ansal, Unitech, Omaxe, Parsvnath Developers are some
of the top established names of developers who provide well equipped apartments
with unbeatable infrastructure and amenities that influence people from Delhi and
other cities to settle here.
Property Prices :
With more number of companies and residential apartments being constructed in
the city, the property prices in greater Noida is set to go high.
Last year, the property rates were from Rs 32,000 to Rs 78,000 per sqm. However,
now the upper range value of a multi-storey apartment is Rs. 3387/Sq ft while the
lower range values are Rs 2,510/Sq ft.
The property prices in Gurgaon vary according to the location. Therefore it is
advisable to do a thorough grounding on the property rates and the current trend
before you purchase or rent a house in greater Noida.
3. More Info :
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