Reasons to Invest in Noida Real Estate
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Posted On :
Nov-24-2011
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Article Word Count :
588
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Choosing noida for the real estate investment as compared to its neighboring cities such as Delhi, Gurgaon, Faridabad and Ghaziabad has many benefits like better transport connectivity, better infrastructure and others, so here is the full list of reasons
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Real Estate development in noida is at its peak and investors are showing more interest in different real estate projects in Noida. Investors are seeing many opportunities here as there are different major projects building up the future of Noida as one of incredibly emerging cities. The neighboring city Ghaziabad, recently, in a survey by the International and national statistics organizations is placed at the second spot in terms of fastest growing cities in the World following China’s Beihai. Faridabad is also a neighboring city of Noida and is placed the 8th places in the same list. The survey is based on the past growth/decline and forecast of development in these cities.
The major factor which is considered in this survey is the real estate Infrastructure and Industrial development. Growth of these cities also impacts the development in Noida as usual and that’s why Noida is also reaching new heights day by day in its real estate development. Many real estate developers such as Jaypee Group, Unitech, Omaxe, BPTP, Logix Group, DLF, Paras, Ansals, wave Inc and some other are building a big future in Noida. Recently, Jaypee Group’s Buddh International Circuit Jaypee Greens Sports City in Greater Noida successfully hosted India’s first F1 Grand Prix and just after few day of the competition it is awarded as “Motorsport Facility of the Year” at the professional motorsport world expo 2011, held in Germany.
Jaypee Group at the same time is also developing a high end residential projects in noida spread over 450 acres with a 18 hole Golf Course at the center of the development. Some other projects by the different developers are also being built which can rival any similar project in neighboring cities Delhi, Ghaziabad, Gurgaon or Faridabad. Another reason to choose Noida’s real estate for the investment is the transport facility as Noida Authority has collected a decent amount of around 9000/- crores for the development of metro lines up to greater noida. Noida also has the better plans for road, lighting and sewage facilities as compared to the neighboring authorities.
Commercial property in Noida is also being developed at the same rate as of residential property development. So it is a perfect option for the corporate honchos also.
In general, both individual buyers and investors look at the facilities while investing in any type of property such as transport, health care, environment, eat & shop and minor geographical conditions. Transport facility is already very good in Noida with 3 express ways connecting to it and will be much better after the completion of some ongoing developments like the Sector 37 flyover and the proposed metro line up to Greater Noida.
When it comes to the healthcare facilities, Noida is served by some of India’s largest & global healthcare brands such as Fortis, Apollo, Max Healthcare, Metro and Kailash.
Environment in Noida is never a problem as its most part is surrounded by the beautiful Green Fields and most of the developers are building eco friendly projects.
Eat and shop facilities in Noida are the one which can disappoint the investors because at current, these facilities are just centered to the Atta market and sector 18 in Noida, but this might not be a problem in near future as the developers are working hard enough to provide such facilities at just few minute walk away.
The conclusion says that buying property in Noida will be a perfect decision for the investors.
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Article Source :
http://www.articleseen.com/Article_Reasons to Invest in Noida Real Estate_109428.aspx
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Author Resource :
Real estate brokers in Noida can help in buying good residential plots in noida, apartments, flats and other residential property. Commercial property in Noida is also a good investment option according to the author.
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Keywords :
Real estate noida, property in noida, real estate agents Noida, real estate brokers in Noida, real estate Greater Noida,
Category :
Finance
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Real Estate
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