Why Greater Noida Is The Best Place
For Property Investment?
In
today’s time, Greater Noida is one of the hottest destinations in the realty
radar. At present, there are above 3,000 families who have opted to move into
projects located in Greater Noida. It has been speculated that by the year
2018, the location will home around three lakh apartments. Given below are few
major reasons why the demand for property is high in this region.
The Greater Noida West Region:
Previously
known as Noida Extension, Greater Noida starts after Greater Noida Expressway.
The roads are well laid out, connecting Noida and extending eastwards with new upcoming
sectors. Wide numbers of residential and commercial projects are expected to be
completed in the next 2 years.
One
of the major landmarks for the region is the Formula 1 track. This has also
contributed in boosting the real estate sector on the Yamuna Expressway, making
way for a number of both residential and commercial projects. Moreover, in the
coming years the first night safari in India has been planned on the Yamuna
Expressway.
Connectivity:
Greater
Noida is wonderfully planned in terms of road connectivity. With an eight lane
expressway that connects to Noida and further to Delhi, it becomes an ideal
residential location for all working professionals. Moreover, the Noida-Greater
Noida offers alternate connectivity to Noida City Centre and also Ghaziabad.
Recently,
a six lane highway connects the region to Ghaziabad. The roads within the
sectors in Greater Noida are statistically planned making it a more convenient
place for residing and commuting. Moreover, after receiving the approval for
extending the metro lines to Greater Noida, a number of developers and builders
have opted for the region to construct commercial as well as residential
projects.
The
International Airport at Jewar, located 21 Kms from Formula 1 track, makes
Greater Noida easily accessible for people all across the globe. This has
further increased the demand for property.
Educational & Commercial Hub:
Greater
Noida also homes few of the most prominent educational institutions. Two of the
well known universities in the region are Universities like Galgotia and Guatam
Buddha University. There are also many professional institutes and colleges that
are coming up in the next few years.
Along
with the institutes and colleges there are also many IT and commercial offices
that attracts residents from nearby cities.
Investment Returns:
With
comparatively low property rates it is a perfect time to invest in property in
Greater Noida. The region offers low rates as compared to nearby cities like Delhi,
Gurgaon and also Noida. However, with due course of time the value of
infrastructure is expected to increase.
Thus,
Greater Noida is a place where you will find educational institutes with
international standards, hospitals with advanced medical care, commercial
places consisting of all brands and residential spaces. The region grants
immense potential for property investors. Individuals are striving to avail
both personal and professional benefits from this place. The residential
locations in Greater Noida are NRI City, Jalvayu Vihar, Swarn Nagri and
Parasnath Platinum. Similarly, sectors that are fully developed are Alpha, Beta
and the Gamma sectors, which are already inhabited by people.
Therefore,
if you are planning on investing on property, Greater Noida should be your
first option as it offers all that is required for a comfortable and easy
lifestyle.
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