Property Development In Greater Noida

Greater Noida is that the extension of the development format of Noida

. Greater Noida established as a future commercial and institutional zone within the NCR. The blueprint of Greater Noida's development resembles that of Noida in additional ways in which than one and developers are drawn to the area like moths to lightweight. Availability of larger land parcels has lured the developers to explore the region for intensive group housing development. Till 2011, Greater Noida is predicted to witness a recent offer of concerning 11200 units, equating to 20.62 million sq. ft. of residential area. This can be concerning twelve % of the overall offer planned across the NCR. Approximately fifty eight percent of the overall offer expected in Greater Noida over consequent 2 years can enter the market in 2011 and half the overall expected offer are accounted for by three bedroom flats.

With its metro extensions, wider highways, expressways and availability of land, Greater Noida ensure to be the rising residential destination within the National Capital Region (NCR). About 26.5 million square feet of residential property supply is projected to come back up in Greater Noida.

The development potential of Greater Noida is being tapped by most Grade A developers across the NCR.

Greater Noida Property Developers like Parsvnath, Supertech, Eldeco, Omaxe, Unitech and Jaypee Group represent a significant share of the upcoming offer. The Panorama and Palacia by the Parsvnath Developer, Horizon and Cascades by the Unitech Group, Jaypee Greens, a golf course project by Jaypee, Palm Green by Omaxe and E-Homes by Designer Arch Infrastructure are a couple of key upcoming residential property in Greater Noida.

The infrastructure designing of Greater Noida is comparable to that of Noida.

Connectivity aspects, provision of water and power facilities are the areas of focus within the development set up. As per the New Master Plan, concerning thirteen percent of the overall land on the market in Greater Noida is to be used for development of transportation facilities.

Greater Noida enjoys connectivity benefits because it is linked to Delhi by the Taj Expressway. In line with the New Master Plan, Properties in Greater Noida are connected to FNG 24 by a sixty metre wide road, which can facilitate inter regional trade. A 130 metre wide road links the north and south zones of Greater Noida and exceed through the Sigma, Rio, Pi and Zeta sectors, improving their connectivity with all the locations among Greater Noida and thereby creating them additional engaging for the development of residential property in Greater Noida.

There are designated commercial and institutional sectors just like the Knowledge Park I-IV and Ecotech Zones and IT Zones. Besides the commercial zones, variety of retail developments also are adding price to the region's potential. Malls just like the NRI City Centre, Omaxe Arcade and Ansal Plaza are proving to be rising shopping destinations within the region. As sectors Sigma, Pi, Beta and Alpha are nearer to those retail and commercial developments, they are most well-liked residential locations in Greater Noida.

by: lokeshmanu24

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