Invest in Noida real estate market:
Many times ago, investors were not willing to invest in the real estate property of Noida. One of the major concerns was connectivity with the Delhi/NCR. The poor infrastructure, lack of public transport, and amenities also discouraged real estate investors. For just five years, we have seen a vast improvement in the infrastructure of Noida. The city now is boosted with malls, metros, public vehicles, IT companies, and smooth roads, and well-educated people. These things have taken the attention of the investors who were not willing to invest in the real estate of Noida. You would be shocked after reading this “ Noida is the most livable city in Delhi NCR.
Why invest in the real estate market of Noida?
Are you willing to invest in the real estate market of Noida? If yes, you have come to the right place. In this blog, we are going to tell you what are the most attractive destinations of Noida, which will give you high returns of investments.
Before heading towards the best areas to invest in Noida, please the following points that we have mentioned below about the real estate market of Noida
Reasons to invest in the real estate market of Noida:
Increasing demandOne of the major things that are taking the attention of people to invest in the Noida expressway is that job market, good economic condition, lifestyle, and renowned infrastructure. These things are enhancing the demand for this area and encouraged to buy a house or a piece of property.
Property value:If you are looking to invest in real estate to gain high returns of investment, then Noida is the best city for you. In upcoming years the prices of the real estate market will go higher and surely will get benefited from it. Real estate marketers or agents will help you to find an ideal location whose value is expected to increase.
Affordable rates:Today's real estate market in India has been fluttering due to slower GDP growth. And this is the golden time for real estate buyers because the prices of the property are available at affordable rates. If you are willing to buy a property in Noida, then without thinking much, go for it. Because in the upcoming years, the property prices will get increased.
Noida VS greater Noida, which to choose for the real estate investment?
When it comes to investing in Noida, many investors fill themselves confused between Noida or Greater Noida.
If we compare to Gurugram, Faridabad, Ghaziabad, and Noida offer greater connectivity than greater Noida. The greater Noida is surrounded by greenery; people are less willing to live in greater Noida because of lack of transportation and amenities. But, if you are looking for a property to sell in the future, not for living, then you can prefer greater Noida.
Where to invest in Noida?
Below we have mentioned some attractive key locations that give you huge returns of investment.
Noida Expressway:Noida expressway is a six-lane express highway runs for a distance of 25 KM. It is a bridge which connects Noida to Greater Noida. It is a prominent location for the people who are looking for a sophisticated living space in Noida. It is the part of Taj Economic Zone and has a robust infrastructure. The current property prices in this area are Rs. 4,000- Rs.8000 per sq. ft. Which means the average cost lies between 50 lacs to 1.5 crores. You can consider sector 44, sector 124, sector 158, and sector 153 in Noida expressway to buy a property. The only downside of this area is that the closet mall is 10-12 km away from it.
Sector 74- 78:After completion of a metro project, the prices of this area will get raised up to 10-12%, respectively. The thriving business hub, connectivity, malls, robust infrastructure are valuable reasons to invest in sector 74-78. The average price for the buyers who are looking for residential property is 6,4900 sq. ft. Which means residential areas are available at 58 lacs for a 600 sq.ft.
Sector 150:If you are looking for a house which is touted to greenery site, but there will be facilities available like local transportation, grocery shops, cinemas, and job market then you can consider sector 150. In the near future sector 150 is going to be a real estate hub market because renowned project planners like Lotus and , Mahagun are going to launch their infrastructure project at this sector.
Other localities:Sector 93, 137 and 150 are also considered as the best options for home buying due to Noida expressway connectivity. Here the property prices are lower than sector 74-75 due to minimum demand.
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* Minimum 5% increment on rental after every 3 year
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* POSSESSION NEXT YEAR*
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Final Say; We hope this comprehensive guide on where to invest in Noida will help you a lot. In all the locations mentioned above you will get green spaces, infrastructure, and amenities easily.