In this article we will share the Best Place To Invest In Real Estate in India
Noida
In recent years, Noida has emerged as one of the most popular destinations for homebuyers. Because of the lower prices and larger variety of homes in the Noida, Greater Noida, Noida Extension, and Yamuna Expressway sectors, homebuyers in the National Capital Region are increasingly drawn there.
Noida is widely recognized as a viable alternative to Gurgaon due to its growing reputation for excellence in a variety of sectors. The average cost of living in Noida and the districts immediately surrounding it is significantly lower than in Gurgaon. In comparison, the average price in Noida is under 4,000-5,000 Indian Rupees, while the average price in the most expensive areas of Gurgaon is around 10,000-12,000 Indian Rupees. Property buyers from all walks of life have flocked to Noida, while the name Gurgaon has become synonymous with high-end mansions.
A handful of hints for understanding Noida’s real estate market trends.
An alternative to buying an apartment in Noida would be buying a plot of land. A variety of factors raise the probability of this happening. The cost of purchasing land is equivalent to purchasing an apartment in some areas, such as along the Yamuna Expressway. The construction of the Yamuna Expressway between Agra and Greater Noida has increased the demand for land there. The Formula One racetrack is a recent addition to the list of attractions in the Delhi area, and the highway makes getting there a breeze. However, with so many new pieces of land being developed along the roadway, price growth may be slower than expected. An increase in vehicle traffic along the corridor is to blame for the current gridlock. Investors who purchase plots in Greater Noida may see significant returns on their investments in a relatively short period. As an investor, you may rest assured that your money will grow by 10% to 15% annually over the next few years. With this gain, you’ll have the security to make more investments.
One thing to bear in mind if you are an end-user looking to buy an apartment in Noida is to learn as much as possible about the builder’s reputation. This is something to consider while deciding on a piece of real estate. Since the land dispute in the Noida Extension region has not been resolved, potential investors are being discouraged from doing business there. Apartment buyers who are end users must consider the likelihood that their new home will be late in arriving on the market. It’s always best to go with a trusted name brand to avoid any surprises or delays in completing your project.
To maximize your comfort, it’s best to look for larger, centrally located apartments with access to several facilities you value. You should look for housing that includes both of these features. You might expect a higher rate of return on your money if the property in noida has a desirable location and view, as well as other amenities like expanded common areas. That can be accomplished by making sure the home has both. There will be an increase in demand for rental space along the Noida Expressway, and it is expected that every region along the highway will yield a decent return. A three-bedroom, three-and-a-half-bathroom apartment near the Noida Expressway is currently available for a monthly rent of 1,500 to 20,000 rupees. The city’s biggest plus is that Noida’s supply has not yet exceeded its demand. Real estate prices are predicted to rise steadily over the next few years.
Greater Noida and Noida both have better infrastructure than Gurgaon. The two cities are similar in this respect. Noida has more available groundwater than neighboring Gurgaon significantly. There will be less chance that Noida will run out of water shortly. In Gurgaon, where the declining water level and a court injunction prohibit groundwater use for development, no such restrictions exist in Noida. This guarantees that the building process will proceed without interruption. In terms of transportation links, Noida and Gurgaon are more favorably connected than the two cities are with one another. These factors strengthen the case for buyers and sellers to put their money into Noida’s real estate market. In the case of both homes and businesses, this is the case.
Greater Noida
Since it was founded in 2008, Greater Noida has quickly become one of Delhi/most NCR’s prosperous suburbs. Greater Noida is an enlargement of Noida and has been constructed and planned by the Greater Noida Industrial Development Authority (GNIDA). In the not-too-distant future, this area is predicted to become the center of prosperous business and residential developments. As more and more IT/ITes parks are built, and the city’s metro system expands, Greater Noida is quickly becoming a popular option.
Greater Noida is currently 36,000 hectares in size, but the government is proposing to increase this to 94,000 hectares by incorporating an additional 58,000 hectares by consolidating 188 villages. Job possibilities, a well-developed social infrastructure, excellent transportation links, a naturally beautiful setting, and soon even an international airport await the residents of this well-planned suburb. Buying property in greater noida could become a great investment for you in future.
Why Buying a Home in Greater Noida Is a Smart Investment
Strong Interactions
There are 21 metro stations along the Aqua line, which runs from Greater Noida to Noida and other parts of the Delhi/National Capital Region. The distance is between Noida’s Sector 51 and Greater Noida’s Depot. Many builders and business owners have taken advantage of Greater Noida’s proximity to Kundli-Sonepat and Palwal via the Eastern Peripheral Expressway by locating their office buildings and distribution centers.
World-Class Planning and Infrastructure
Greater Noida is a beautiful city with broad roads, few traffic signals, and a well-planned infrastructure; a green belt surrounds it. Greater Noida is the first Asian metropolis to have its infrastructure developments planned (with all considerations taken into account) over the next 30 years. Greater Noida is home to many burgeoning institutional zones, including the 1,000-acre Knowledge Park (KP) 5 on the Gaur Chowk–Surajpur Road, which will include prestigious educational institutions, upscale shopping centers, and other amenities for those seeking a high-class way of life. People in Greater Noida also benefit from the city’s other established projects, such as the Buddh International Circuit, the 1,483-kilometer-long Delhi Mumbai Industrial Corridor (DMIC), the forthcoming night safari, and Jewar Airport. Stores selling food and other necessities may be found in most parts of Greater Noida, whether they serve a residential, business, or mixed clientele.
