Noida is one of the well-planned
city in National Capital Region, and has good infrastructure developments which
attracts home buyers. Every people in this world want their own well built with
prime location where they can spend their life peacefully. That means the house
which is ideal in every respect and meets their luxuries dream.
Noida is a center of real estate
of NCR, is a perfect city for buyer's dream home. All leading constructor and
builders developed a number of residential and commercial projects in Noida.
There are some factors that increase the growth of real estate investment in
Noida.
These affective factors are:
Industrial Development: Noida has
large number of industries which provides a large number of employments to
Noida citizens. These are Asian Paints Ltd, Hindustan Adhesive Ltd,Yamaha
Motors, L.G. Electronics, Reins Talbros Ltd, T-Series, Priya Foods, Punjab
Fibers Ltd, Hindustan Times, G S C Toughend Glass, Jay Containers, Hongo India,
Hind Polymers Ltd and Tapial Technomech Pvt Ltd. These companies provide a
large number of employments to Noida citizens and emerge Noida city into India
top industrial hub. This is also one of the factors which attract Real Estate
industry to invest heavily in Noida.
Prime as well as connective
location: When you purchasing residential or commercial area, location is an
essential aspect. Noida is discovered as safe community and well developed
area. The city is totally connected with Delhi by metro, smooth roads and
expressways. That means a few minute drives from Noida to Delhi. Location is
the main factor for investors to invest in Noida.
Rapidly augmentation of
development scale: Noida's development scale is rapidly increased by Noida
authority and many builders such as RG Pride, Parx Laureate, BPTP, Omaxe
Construction Ltd, Amrapali Group, Jaypee Group and Supertech has launched their
projects like Nimbus Golden Palm Village and Nimbus Golden Palm in Noida. These
builders provide world class, Kothis, residential and commercial towers, Villa,
Farm house, Penthouses, Bunglows, Guest houses studio apartments, luxury
apartments, and great range of 1and 2 BHK flats.
Economic Development: Noida is
located on left on the bank of Yamuna River and is equidistant from Ghaziabad,
and Delhi, Noida is an acronym for New Okhla Industrial Development Authority.
Noida has extensive growth of population during the last two decades.
This population includes a large
number of young professionals working for various IT setups in and around
Noida. Noida city is highest income tax paying district in UP. Bigwigs of real
estate and hospital sector are poised to invest in Noida. And many domestic and
international companies initiated their projects in Noida and increase the
economic rate of Noida development.
Future master plan: The NCR Planning
Board has recently approved a new Master Plan 2031 of Noida. In the new master
plan, there is a lot of scope for infrastructural, residential and commercial development
like widening of roads, elevated roads, underpasses, greenery, high-rise buildings,
hotels, Metro and road linkage projects to ease traffic. Noida is planning to
increase the FAR (flats area ratio) due to the supposed growth of population in
future. According to the master plan, the city score well in terms of modern
amenities and is also endowed with a healthy environment.
All the factors are
the rapidly increase the rate of investment in Noida