The Noida and Greater Noida Region real estate market of today is undergoing a paradigm shift. Reforms such as The Real Estate (Regulation and Development) Act, GST and Insolvency Bankruptcy code have brought in accountability and transparency. These factors have led to a boost in home buyers’ confidence. Rising urbanization, newer business hubs, and districts and aforementioned factors together have led to certain suburban localities to become “premium pin code destinations”. One such residential “hotspot” of today is Greater Noida, and new projects in Greater Noida provide numerous affordable housing options. The Concept, The basic premise governing investing in property in Greater Noida and other such upcoming suburban regions is that emerging regions have higher growth and returns potential compared to their saturated counterparts. About Greater Noida, The real estate market of Greater Noida is regarded to be among the Top 20 in the world. To know more, read along! Greater Noida is segregated into two sections – Greater Noida east and the relatively affordable housing of Greater Noida west. Gaur World Smartstreet Resale / Paras Avenue Resale / SKA Orion Resale / Commercial property in Noida
The flats in Greater Noida west are apt for those seeking spacious homes at affordable prices. With numerous flats in Greater Noida available for investment, this is a good time to look at real estate in the Greater Noida pocket at least from an investment viewpoint. According to a housing.com article dated November 1, 2017, the “Greater Noida Smart City” project has received approval worth INR 700 crores. In addition, Greater Noida has digitized its services through its “Digi Greater Noida” mobile application. The application will make the lives of residents more convenient through easy access to the Greater Noida Municipal Corporation services. With many information technology (IT) companies shifting bases to Greater Noida, the district is also a service and technology hub. Greater Noida’s robust connectivity and infrastructure developments are the primary growth drivers. These factors have paved the way for upcoming projects in Greater Noida. Micro-pockets to look at within Greater Noida.
The locality is one of the most affordable residential hubs. It is a promising returns-generating micro-pocket. The locality is ideal for affordable-to-mid level housing, such as those seeking 2 bhk flats in Greater Noida. Seamless connectivity, robust infrastructure and an upcoming base for commercial establishments will provide residents with a comfortable commute to their workplace. Expressway Road, A goldmine for affordable housing, there are numerous ready possession flats in Greater Noida Expressway road. The locality provides a seamless commute to the adjacent Noida city. The locality also has a strong social infrastructure. In light of the aforementioned factors, the upcoming smart city of Greater Noida is a residential hotspot to look out for.
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