Property Market in Noida
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Posted On :
Nov-25-2011
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Article Word Count :
595
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Noida, an NCR of Delhi is coming up as one of the most developed cities in the country. The city’s proximity to the capital of the country has helped it withdraw great attention even from the international companies and people. The article discusses about the growth in the property in Noida and the factors contributing towards the same.
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Situated in the Gautam Budh Nagar region of Uttar Pradesh, Noida was set up around two and a half decades back as an industrial unit to the city. Most of the big and small industries in Delhi and UP are situated in Noida and it serves as a great employment source to people living in and around the city. Earlier the city was considered a sub- urban area, but with the property in Noida touching heights, the city is no more lacking behind from other metropolitans. Home to Noida film city, it has majority of offices located here. Most of the media houses are shifting here, making Noida the hub of the media in India. Short form for New Okhla Industrial Development Area, Noida is one of the planned cities and divided into various sectors. The real estate in India is witnessing considerable growth and a huge contribution is given by the developments happening in the property in Noida.
Commercial sector such as companies, industries, markets, malls all are developed in Noida and even the residential sector is not lacking behind, with a number of residential colonies being built up. A large number of housing projects are getting developed not only in Noida, but in the extension areas as well. The property in Noida is much cheaper as compared to the properties in Delhi and Gurgaon. A person belonging to a middle class family can easily invest in a property in Noida and save for the future of his children. Moreover, there are many upcoming projects in Noida, which take advance orders from the customer and give him property at considerable lower cost. Ready- to move in houses are comparatively costlier than the properties which are yet to be constructed. One more plus point in investing such properties is that they design the house according to the convenience of the end customer.
Property in Noida has seen huge growth due to the metro connectivity of the city with Delhi, Gurgaon and Gahziabad. This has made the commutation process way easier from one city to another. Also, this has boasted in the development of the commercial sector in the city. It is no more a hassle for people to travel from Delhi to Noida or Noida to Gurgaon in search of job. Setting up of major offices in Noida would not have been possible if metro connectivity was not implemented. This has also surged the prices of the property in Noida, making the investments more profitable. More numbers of people are now able to access the property in Noida and consider it as an option for investment due to the easy access to other cities. There are employment opportunities available in every sector in Noida. From IT to media, from sales to marketing, from fashion designing to architecture, Noida has jobs in every field. Even the offices in Noida offer luxurious life to its employees.
Property in Noida is equipped with all the major facilities and provides high class living to its investors. A person entrusting in the Property in Noida need not worry about the end results, because the city is soaring high in terms of growth and is sure to produce profits for the end customer. Also, with India’s first racing circuit- Buddh International circuit, being built up in Greater Noida, the demand and the popularity of the property in Noida is touching heights. Noida has achieved international popularity in very less time and experts are forecasting a promising growth in the city in the years to come.
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Article Source :
http://www.articleseen.com/Article_Property Market in Noida_109799.aspx
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Author Resource :
Gurleen Kaur writes on behalf of 99acres.com, which is an internet portal dedicated to meet every aspect of the consumers needs in the real estate industry. It is a forum where buyers, sellers and brokers can exchange info. 99 acres covers buy and sale information, house for rent, apartments and plots for almost all major locations like property in Noida
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Keywords :
Property Market in Noida, Noida Properties, Real Estate in Noida, Noida Real Estate,
Category :
Finance
:
Real Estate
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