It’s boom time once again in the Noida real estate sector. Market is favoring everyone including developers, buyers and investors. With the Noida Expressway and Greater Noida West witnessing significant realty developments, the satellite town has now become the centre of attraction among home buyers and investors. The best thing about Noida is, it has something to offer to everyone, be it a job or a house or any other requirement.
When it comes to real estate investment in NCR, there is an obvious comparison between Residential apartments in Noida and Gurgaon. Buyers often get bewildered by the unprecedented growth in both the cities. However, there are many factors that make the residential apartments in Noida a much better investment option.
Compared to Gurgaon, Noida is more easily accessible from Delhi. Noida is an IT hub which is the greatest demand driver for properties in the city. The infrastructural developments in Noida have witnessed significant growth over the years and even today the Authority is planning further infrastructural developments to make the city a perfect place to live in. In comparison, Gurgaon is still far behind.
The prices of residential apartments in Noida are fast appreciating. After the hike in Circle Rates from August 1, the property prices are now expected to go up in most parts of the city. Especially those sectors located in proximity to the Noida Expressway have higher chances of appreciation as they are excellently connected to the whole of NCR.
The upcoming residential properties in Noida offer easy payment options, so buying a property has become much easier for the mid-income group. With the construction linked plan, a buyer can make payment based on the stages of development of the property.
Finding a suitable apartment is far easier in Noida compared to other NCR regions. This is due to the availability of a wide variety of apartment options ranging from studio apartments to 1/2/3/4/5 and even 6 BHK apartments. These are packed with state-of-the-art facilities and amenities and are typically a part of a secured gated-community. Such gated-communities have become quite popular as they offer various facilities like ample parking space, an eco-friendly environment, concierge services, etc. so no particular family has to bother about these basic necessities.
Noida also boasts of some of the reputed names in real estate like Jaypee, Supertech, Victory group, Wave Infratech, Fusion Infratech and many others. All these builders have their projects at prime locations in Noida mostly near the Noida Expresway so as to ensure excellent connectivity. The builders have taken care of minute details in each of their projects to make sure that they offer high-quality living options to people.
For those concerned about budget, the city is again the right destination to explore. Currently, Greater Noida West is offering numerous options in the affordability segment. One of the most talked-about properties is the Supertech Eco Village launched by the Supertech Group. The Eco Village is a series of affordable projects that are in no way inferior to the high-end projects. Among the other affordable properties are Supertech Romano, Supertech Oxford Square, etc. These residential apartments in Noida have everything to ensure a contemporary lifestyle but at an affordable price.
Alongside the increased emphasis on the affordability segment, the city is also witnessing great demand for the high-end projects. Some of the best examples are Lotus Square, Fusion Homes, Jaypee Greens Pavilion court Royale, Mahagun Meadows, etc.
No matter which type of apartment one invests in, high-end or affordable, the city with its various key features ensures a good ROI for everyone. For more information on residential apartments in Noida, feel free to get in touch with us at Renaissance Realty Inc. http://www.renrealty.in/.
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