Real estate investment is always considered the most attractive investment avenue, but as it requires a huge outflow of cash, one should give it a serious thinking and research. It is important that investors or home buyers thoroughly investigate the current scenario of the real estate before making a commitment. Most of the people want to put their hard earned money in a place which has consistency growth and Noida suits the bill well.
Noida, a planned township has gone through a paradigm shift in the last few years. Today, it houses more than 5000 industrial units, which is an employment source for many and hence the people migrating to Noida are in lookout for residential apartments in Noida.
Let’s look into the main reasons which make Noida a realty hot-spot.
Infrastructure
The growing infrastructure development in Noida greatly enhances the value of a real estate property. One of the prominent infrastructure developments, today is the Expressway between Noida and Greater Noida, as it bridges the gap between these two cities. Many real estate projects have been launched after the creation of 40 sectors along this expressway.
Property valuations
Noida is an upcoming market, due to which the price levels for residential apartments for sale are relatively low when compared to Delhi. The real estate market in Delhi is saturated and price levels are high, so people look towards Noida for affordable property. Apart from that, Noida also offers an attractive growth rate.
Future Developments
Noida is a privilege to witness various infrastructure projects happening in and around it, which gives an added boost to real estate development. The city is benefitted from the Yamuna Expressway Highway which links Delhi to Agra via Noida. As the highway is along the river Yamuna, it contributes towards the economic development of the region, which leads to the enhancement of the value of real estate properties in Noida and opens many opportunities for investment.
Good Returns
Noida mainly attracts professionals from IT industries as most of the IT companies have their development center in Noida. This city is growing with leap and bounds as well as the real estate sector. The property prices are rising by 30% annually and with such good appreciation rate, Noida is a great place for investment.
Noida is a good and an attractive investment option for new as well as seasoned investors. The well -planned sectors, 24/7 power supply, good and wide roads, and rising number of industrial and IT sectors in the city has drawn people towards it for a good investment and to earn great returns in near future.
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