Noida, popularly known as the Planned Township, has emerged as one of the favorable destinations for real estate investment. Its proximity to India’s national capital, New Delhi is the major advantage for its growth as a leading industrial city in India. The demand for residential flats in Noida is in upswing due to the factors like; availability of world class educational institutions, reputed hospitals and excellent infrastructure facilities that ensures Noida emerges as a bright city in the real estate map of India.
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Some of the factors that makes Noida a great real estate destination:
Proximity to Delhi
The nearness to Delhi has increased the demand for commercial and residential property in Noida at a very rapid pace. Home buyers, who cannot afford to invest in Delhi, migrate to Noida as it’s close to Delhi, and one can easily get affordable residential flats for sale in Noida.
Connectivity via Delhi-Noida Toll Bridge
The emergence of Delhi-Noida toll bridge has not only reduced the distance between the two cities, but also offers a smooth ride to commuters. Due to this toll bridge, people living in Noida can easily commute to Delhi and back, saving on time factor.
Good appreciation of property value
As per the experts, the annual appreciation in Noida is around 30 per cent annually and hence it’s a great opportunity to earn good returns on their investments for the real estate investors and home buyers. Being a planned township, all the basic needs like schools, hospitals and shopping malls can be found within a few kilometers in Noida and this is also a major reason why residential flats are always in demand.
Twin cities – Noida and Greater Noida Expressway
The completion of Noida-Greater Noida Expressway (6-lane highway) connects Noida to Greater Noida, a new suburb in NCR. The length of the Expressway is approximately 23 km, in which 3 km comes under Greater Noida and the rest is part of Noida. To enhance the real estate further in these regions, around 40 sectors are planned along the Expressway and they are further more divided into 4 zones as per the Noida Master Plan 2021. Creation of many sectors and bridging them via excellent connectivity is increasing the confidence levels of the investor and home buyers towards Noida realty sector.
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