October 21, 2014

Investing in Greater Noida? Know the prospects of it

In the last few years, Noida has undergone a major shift in the real estate sector. With close proximity to the National Capital (Delhi) and with the enhanced connectivity with the other localities, Greater Noida is well connected through a strong logistic network. Noida extension has been renamed as Greater Noida. Properties for sale in Greater Noida are in greater demand due to its close proximity to the corporate houses and also the vast availability of apartments and townships in and around.

Reasons behind Investing in Greater Noida

Noida-Greater Noida Expressway

Stretched on a six-lane highway, the expressway connects Noida (already a suburb) to greater Noida (new suburb) with the total length of almost 23 kilometers of which 3 kilometer belongs to Greater Noida and the rest to Noida. The properties for sale in Greater Noida are in great demand as the expressway in under expansion to International Airport, Taj Economic Zone and Aviation Hub that is proposed to be coming up along the Yamuna Expressway (Taj Expressway).

Huge Property Demand

Both commercial and residential properties for sale in Greater Noida have been increasing every year at a faster pace due to factors such as infrastructural development and connectivity. There was a recent survey by India report, which stated that the Greater Noida has been tagged as the most developing suburb in Delhi. As the locality witnesses huge job opportunities, migrations, businesses and investment tools, prospective buyers are exploring various options for investing upon Greater Noida real estate.

Future Prospects

•    The upcoming huge urban conglomerates in Greater Noida and Noida with a great potential have an easy access to Mathura, Aligarh and Agra.

•    Shorter and safe travel time and accessibility will accelerate land development in a planned manner for commercial as well as residential properties for sale in Greater Noida long the Yamuna Expressway.

•    The proposed Export Promotion Zones including Taj Economic Zone located along the Yamuna Expressway enhances in promoting economic development of the area.