Monday 18 May 2015

Noida’s Growth Story as a Real Estate Hub



The growth of Real Estate opportunities in Noida has been a remarkable event. Noida is one of the NCR regions which came up as a gold mine when Delhi looked to expand regions for its ever increasing population. When it became clear that the rate, at which the population of the national capital was growing, meant that an expansion was imminent, Noida was one of the prominent places which came up. Over the years, as we look at the many 2 and 3 BHK Apartments and commercial establishments which have come up there, it is clear that Noida has lived up to the expectations.

One of the advantages, due to which Noida is now a sought-after destination for Real Estate investors, is its excellent connectivity to the nearby areas. Noida boasts of 3 of the top expressways in the nation. The Yamuna Expressway, Noida-Greater Noida Expressway, and the Delhi-Noida Toll Bridge ensure that Delhi and all nearby areas can be conveniently reached. Having a Property in Noida is the closest thing to having a property in Delhi. Another top factor, which plays a role in Noida’s Real Estate growth, is the success with which the place has attracted top national and multinational companies. Noida being an important hub for commercial activities, residential properties also began to crop up.

The efficiency, of the builders and associated bodies, is also noteworthy in this regard. Once the demand became obvious, they met them in no time. Corporate premises with world class facilities and residential properties with excellent security and amenities came up in no time. The area is still in its stage of boom as we can see many more buildings, especially Flats in Greater Noida near Pari Chowk, coming up with inspiring speed. An official of Today Homes, a well-known Real Estate Developer in Noida states, “The enthusiasm, which investors have shown in Noida, provides us with the boast to complete the projects in time.”

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