subject: Demand For Noida Properties [print this page] One of the largest planned industrial townships in India, Noida is becoming immensely popular among real estate investors. From IT companies to media houses, from retail stores to multiplexes to home seekers-everyone is flocking towards Noida. Examples to prove this would be the presence of companies like Wipro, Tech Mahindra, LG, Moser Baer, Pepsi, Indus Logic, etc. Noida also has the Noida Film City and a number of other media companies and offices. Companies who have already invested in Noida properties include Unitech, Amrapali Group and Jaypee Group.
There are a lot of reasons behind this immense popularity of Noida real estate. The first and most important of these is Noida closeness to the national capital, New Delhi. Tonnes of people migrate to Noida for job opportunities or for settling in a quitter locality. This has boosted the economy of the region. The infrastructural development of the area is another cause. Transportation has also been developed largely. The wide roads and flyways and expressways have made commuting and travelling so easy. Thanks to these, Noida is now very well-connected with its surrounding areas. The presence of so many corporate houses provides great job opportunities. Many world class educational institutes have also grown in this area. These include global schools, schools under the Central Board of Secondary Education, Delhi and many management and engineering institutes. Flats in Noida
Since it is a planned township, Noida is divided into different sectors. There are separate sectors for commercial activities and separate ones for residential purposes. 40% of the total available property area has been given for residential property investment. There are independent villas, housing complexes and apartments. All of these are equipped with latest amenities like restaurants, childrens parks, community halls, etc. Residential properties are found in sectors 14, 15, 27, 28, 29 and 37. In fact, offices in Noida also have the latest facilities available. Sector 18 is known for the markets and recreational centres. Noida has many commercial markets, multiplexes and shopping centres.
The demand for property in Noida is such that it is increasing at a rate of 40 million square feet per year. Investors thus have a great opportunity to reap benefits. Greater Noida, located nearby and also within the NCR of Delhi, is another emergent real estate hub. Known for its wide roads, metro availability and expressways, Greater Noida is as good as Noida. There has been a steady increase in the demand for both commercial and residential Property in Noida . In a few years from now, Noida will beat cities like Bangalore at being an IT hub and consequently a developed city. Now is the time to invest in Noida properties, as more foreign direct investment is coming in. As property prices keep on rising, once your project is finished you can be sure to get heap loads of profits. Even if someone wishes to liquidate the property, that too will be very profitable.
