May 19, 2014

Greater Noida: Lucrative Investment Destination

real estate property in greater noidaKnown among the most upcoming townships of Delhi NCR, Greater Noida has drawn attention of several property investors and developers. Greater Noida property market has witnessed a boom in recent times owing to its prime location and many other advantages. Whether, you are planning to invest in commercial or residential property; it is the best place to expect high return on your investment. Greater Noida is popular as the well planned industrial and institutional township in Asia.
A number of corporate players and institutes have commenced their operations in this region. Some of the corporate who have set up their office include Wipro, Moser Baer, Honda, Escorts, Pepsi, Vectra, and many more. In addition to them, some of the well known institutes in this city are Apeejay Inst. of Business Management and Computer Science, Graduate School of Business Administration, Noida Institute of Engineering & Technology, Kendriya Vidyalaya, and so on.
Continuous rising interest of corporate in Greater Noida has left a great impact on residential demand, because people expect office or working place in close proximity to their residence. This helps them save their precious time and additional expenses on traveling to reach office. Apart from it, Greater Noida is among the greenest and pollution-free cities. Therefore, residential investors keep Greater Noida property on top priority in the Delhi NCR.

Strategic Location

real estate property in greater noida
Strategic location of this city plays a vital role in fetching a lot of realty investment. It is in close proximity to Delhi and Noida. Greater Noida is connected with Delhi through DND flyover. It has also easy access from Delhi through EMU service of Indian Railways with stoppages at Dadri, Boraki, Ajaibpur and Dankaur. And Noida Greater Noida Expressway connects Noida with the Greater Noida. Besides it, a 60 meter wide road from industrial sector Ecotech-III to NH-24 is under construction. 

International Standard Infrastructure

Infrastructural facilities of Greater Noida are instrumental in attracting real estate investors. Its international standard infrastructural facilities include wide roads, modern drainage system, proper street lights, etc. Besides it, a number of shopping complexes and malls have been developed in this city. They have also made it the most sought after property investment destinations in Delhi NCR. In this region, average price of residential apartment range from Rs. 2,500 to Rs. 4,600 per square feet. When it comes to invest in plots, land prices are between Rs. 20,000-30,000 per square yard. Some of the well developed residential places in Greater Noida are Alpha, Beta, Gamma, and Delta followed by sectors like P3 and Swarna Nagri with slightly higher prices.