The Delhi NCR is without a doubt one of India's fastest growing regions. This expansion can be ascribed to a number of hopeful aspects, including a huge number of well-paying occupations and ever-changing infrastructure. It's no surprise that, as a result of the region's extraordinary expansion, the cost of living has skyrocketed, with real estate being no exception.
Real estate prices in Delhi have soared like never before, prompting residents and businesses to relocate to nearby areas such as Noida, Noida Extension and Greater Noida. While looking for a better infrastructure that isn't too expensive. As a result, the real estate market in Noida and Greater Noida is booming, with limitless potential.
Noida, or New Okhla Industrial Development Authority, is a strategically planned metropolis in which the real estate landscape, whether residential or commercial property in Noida Extension, is rapidly developing. Because the region is home to so many large corporations, it promises work prospects as well as useful infrastructure such as gardens, schools, colleges, retail malls, and more.
The government is also aiming to improve communication between these cities and Delhi, with Delhi Metro slated to connect South Delhi to the Noida and Greater Noida regions. In Noida & Greater Noida, now is the best time to invest in real estate. Take a look at the bullet points below for a short overview of the primary benefits of investing in Property in Noida Extension:
Affordable Prices:
Due to demonetization and the implementation of both RERA and GST, the real estate market in Noida and Greater Noida has seen a noticeable downturn. The number of unsold properties in the cities has reached an all-time high. As a result of this situation, investors have been obliged to sell a variety of properties at reasonable prices, making it a profitable option for potential buyers.
Implementation of RERA:
The Real Estate Regulatory Authority, or RERA as it is more often known, is an act passed in 2016 with the goal of protecting property buyers from unscrupulous developers and builders in Greater Noida. Under this act, builders are required to follow the government's requirements in order to provide complete openness in all property transactions going forward.
It also gives investors the ability to submit a complaint against their agent or promoter by following a few easy procedures. This regulation was enacted by the Uttar Pradesh Real Estate Regulatory Authority in order to protect home buyers from all types of potential frauds, hence increasing investment in the real estate market.
Better Connectivity:
As the population of Noida and Greater Noida continues to grow in search of better investment opportunities, the government is committed to improving the region's connectivity with Delhi through numerous metro projects, road projects, and expressways. When the Jewar Airport Project, which is now under construction, is completed, real estate values in Noida and Greater Noida are expected to skyrocket.
Infrastructure Advantage:
Noida and Greater Noida are recognized to be two of the best-planned cities in terms of infrastructure. The cities have well-built roadways, including the Yamuna Expressway, which is a well-known project. In addition, the cities boast a plethora of world-class schools, colleges, hospitals, regional parks, and other amenities. The city has various IT and ITES office plots that are luring huge firms to set up shop, resulting in a plethora of job prospects for the locals. For many, the exquisite planning of these towns is a source of intrigue, luring them to invest in Noida and Greater Noida real estate.
Big Investors' Hub:
The infrastructure of both cities is constantly improving, encouraging a number of large corporations and well-known brands to invest in real estate in Noida and Greater Noida and establish operations in the surrounding areas. Patanjali Food and Herbal Park, Patanjali Institution, LG, Micromax, Lava International, and Intex are just a few of the companies that are planning to set up shop in Greater Noida.
Return on investment (ROI) promised:
The cities of Noida and Greater Noida have a lot of potential to offer investors a decent return on investment, thanks to the ongoing infrastructural development that is taking place in both of them.
Now is the best moment to invest in Property in Noida Extension and Greater Noida.
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Greater Noida, Extension is growing leaps and bounds owing to its location advantage.
Both commercial and residential properties developments are beautifully designed by experienced architects and are well equipped with smart amenities.
This region NCR is a heart of North India and is known to be smartest locations of India.
Buyers are falling in love with Residential Property in Noida Extension owing to affordability and good infrastructure of the region.
These developments like French Apartments, JM Florence, La Solara and Galaxy Royale are strategically located residential developments.
More noteworthy Noida has changed into a first private objective.
The spot is a home to various under-development and ready to-move home edifices.
Additionally, around 70% of the all out region along the Yamuna and Noida Expressways are likewise saved for green spaces, making the district quite possibly the most honorable choices for financial backers and end-clients.Reasons why Greater Noida is arising as the significant decision for home-purchasersInfrastructural advancement – The Greater Noida Authority has various designs for infrastructural improvement and development on this stretch, which will unquestionably upgrade the allure of the locale for financial backers and end clients.
As indicated by the new ground breaking strategy, the recently supported metro arrangement will be created to interface Greater Noida, Noida and later on with Yamuna Expressway.
This will makes the drive less expensive, fast and more tenable and open.
In addition, arranged fare advancement zones along with the large Taj Economic Zone along the Yamuna Expressway are additionally liable to give a colossal lift to the financial improvement of this space.
