The real estate markets of Noida and Greater Noida have witnessed many ups and downs in the last few years but, somehow, both the markets have thrived successfully. Ask a property consultant and they will tell you how ideal the cities are for real estate investments. Real estate consultants in Greater Noida are constantly observing the market and have ultimately derived that Greater Noida is an ideal option for investors in many different ways.
Proximity to Delhi and Noida, availability of top-notch facilities and amenities, proposed economic drivers, wide roads and proximity to Expressways and a focal point of all business activities, together these factors confirm the suitability of the city as an ideal investment option but – all you need is patience.
Currently, the twin cities are witnessing well-planned infrastructure developments which, once completed, will give a huge boost to the real estate sector of Noida and Greater Noida. Although Noida is excellently connected to important regions of NCR, Greater Noida still needs some more planning in terms of connectivity, especially metro connectivity, to make it easily accessible from other territories.
Real estate consultants in Greater Noida are quite hopeful regarding the future potential of the city. The property prices in Greater Noida are currently much affordable compared to those in Gurgaon and Faridabad. However, once the metro link projects are over, the properties in the city will immediately witness capital appreciation thus giving you a good return on your present day investment.
There were many reasons behind the slow growth of the real estate sector of Greater Noida. Imbalance in the demand and supply ratio, increased land prices, lack of favorable policies from the government and cancellation of the Jewar Airport, etc. were some of the reasons that hit the speed of developments in Greater Noida.
However, after the formation of the new government and the outputs of Budget 2014-15, the real estate sector of the entire country has regained its sentiments. The government has facilitated easy availability of affordable properties so that even the mid-income group can also fulfill their dream of owning a house. Further, the reduced interest rates on home loans have also given a new breeze of sentiments to developers and investors both.
Compared to Noida and Ghaziabad, the residential property options in Greater Noida are still much less but due to its high-potential, investors are still looking for a suitable property in the city. Gauging the scenario, many renowned developers have recently launched some of the finest residential options in Greater Noida, most of them close to the Yamuna Expressway thus ensuring excellent connectivity.
Basically, you can leverage the benefits if you aim for a long term investment. Greater Noida has huge potential. It has all those facilities and amenities that you expect to see in a modern city and with the upcoming luxurious and well-planned properties; the city is soon going to emerge as one of the best real estate destination in India.
To make sure that you choose the best property that perfectly suits your family’s requirements and style, it is advisable that you take the help of a good real estate consultant in Greater Noida.
For more information on Greater Noida real estate or real estate consultants in Greater Noida, feel free to get in touch with us at Renaissance Realty Inc. http://www.renrealty.in/
Our Contact Number: +91 – 9289200400
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