Introduction
Delhi and the surrounding National Capital Region (NCR) have become the fastest-growing part of India due to the availability of high-quality apartments and homes, as well as the fact that it is home to the largest commercial complexes, which are occupied by multinational corporations (MNCs) from all over the world.
Since there has been an increase in the number of high-paying white-collar employment and both Indian enterprises and MNCs supply endless opportunities, people from all over the world are coming to Delhi and the National Capital Region, either alone or with their families. Best Property Dealers in Noida.
Noida, Uttar Pradesh, is an organised metropolis in the Delhi-National Capital Region. It was once known as New Okhla Industrial Development Authority. It is also gaining recognition for its luxurious apartment and shopping centres.
Brief about why to invest in Property in Noida
Noida is poised to become a megalopolis in the not-too-distant future because of its closeness to the nation’s capital. Many multinational firms are setting up shops in the city. Real estate sales in Noida, Greater Noida, and along the Yamuna highway are expected to increase due to the new airport being constructed in Jewar, which has already sped up the pace of growth.
In addition, all of the best-known developers in the business are headquartered in the area, offering a range of luxury, high-end, and budget-friendly housing options to satisfy the needs of every kind of investor. Best Commercial Property in Noida.
Reasons to Invest in Property in Noida
Noida Offers Low Prices
Noida is more attractive because of its much-reduced cost of living compared to both Delhi and Gurgaon. Delhi is the capital and most populous city in India, but it also has some of the highest housing costs and the worst traffic congestion in the nation. Gurgaon, another hub for international firms and a developing suburb, has a greater cost of living than Noida.
Invisible Noida connections
Since more and more people are choosing Noida as the site where they wish to buy a house and raise a family, municipal officials are making significant efforts to enhance the city’s link to neighbouring cities such as Delhi, Gurgaon, Ghaziabad, and Faridabad.
- The direct flight path between Noida and Delhi is called the Noida-Delhi Direct Flyway.
- The Noida Electronic City station on the Blue Line of the Delhi Metro connects with other important stops such as Rajiv Chowk, Rajouri Garden, Janakpuri, Dwarka Mor, and Dwarka Sector 21. Noida Sector 52, Noida City Center, the Botanical Garden, and Sector 16 are just a few stops along the Blue line inside the city. The stops along the Blue Line after it leaves Noida are Rajiv Chowk and Rajouri Garden.
- Further, if you are travelling from the Noida Metro Sector 52 station, you may transfer to the Noida Metro Aqua line at the Sector 51 station.
- Sectors 50, 76, 101, 81, NSEZ, 83, 137, 142, 143, 144, 145, 146, 147, and 148 are all served by the Noida Metro Aqua line before it continues to Greater Noida and connects with it.
- Taking the metro from Noida to Gurgaon and Faridabad would take less than two hours.
- Distances from Noida include 32.8 kilometres to the Buddh International F1 Circuit, 44.1 kilometres to Indira Gandhi International Airport, 21.4 kilometres to Pari Chowk, 19.4 kilometres to the Ghaziabad Railway Station, and 18.1 kilometres to the Nizamuddin Railway Station.
Noida’s Main Employment Centers
Many prominent corporations have established their global headquarters in Noida’s bustling business district. Film City, Sector 62, Sector 15, Sector 16, Sector 125, etc., are just a few of the many commercial hubs in India that are home to major news networks, top MNCs, innovative startups, and long-standing Indian enterprises. In addition, Noida is now India’s biggest smartphone manufacturing plant and the country’s fourth-largest IT-BPO arena.
- Some of the most prosperous MNCs in Noida include Adobe Systems India Pvt. Ltd., EXL Service Holdings Inc., Denso India Pvt. Ltd., Rockwell Automation India Ltd., and Infogain India Pvt. Ltd.
- The city of Noida is home to several thriving IT companies, including industry giants like Tata Consultancy Services, Microsoft, NIIT Technologies, Adobe, Oracle, and Infosys.
- Noida is home to the headquarters of several India’s most prominent corporations, including the Times of India, DishTV India Ltd., Paytm, Jubilant Food Works, Everest Industries Ltd., Havells India Ltd., Info Edge India Ltd., and many more.
New Jewar Airport to be Built in Noida
In December 2018, work started on what is expected to be India’s largest airport (covering more than 4,000 acres), with completion expected by the end of 2024. The Jewar Airport, now under construction in Gautam Budh Nagar, is located around 13 kilometres from Noida.
When completed, Noida and Greater Noida residents would no longer have to go to Indira Gandhi International Airport, some 44 kilometres away. The airport will welcome local and international flights when it’s fully functional. As a result, now is a great time to invest in real estate in Noida, as values are expected to rise sharply after the airport begins operations.
Shopping Centers in the Noida Area
In addition to the city’s bustling traditional markets, Noida is also home to many posh and state-of-the-art retail complexes.
Affordable apparel, accessories, shoes, and home decor may be found in local markets like Atta Market (sector 27), Brahmaputra Market (sector 29), Savitri Market (sector 18), and Indira Market (sector 27), among others. Indulge your taste buds with a bite of one of the many different kinds of street food that can be found at the market.
Mall of India, Wave Mall Noida, The Great India Place, Gardens Galleria Mall, Spectrum Metro Mall, Wave Mall, Spice World Mall, Tulip Mall, Gulshan One29 Mall and Gaur City Mall are just a few of the well-known shopping malls that have theatres, nightclubs, and fine dining options in addition to retailing designer apparel, shoes, and electronics.
Conclusion
Because of the reasons as mentioned earlier, Noida has quickly become one of the most popular cities in India. That’s why it’s smart to put your money into Noida real estate now rather than waiting when the costs may rise.
