Greater Noida Amidst The Indian Realty Market

By Author: akanksha gupta
Total Articles: 2
Comment this article

Located in Gautam Buddh Nagar district of Uttar Pradesh, Greater Noida comes under the purview of the National Capital Region. It is located 40 kilometers away from New Delhi and 20 kilometers from south east Noida. Real estate in this area is expanding at a huge rate and it is expected that within a few years, this area will become one of the best places within NCR for investment with great results.

Like other areas in NCR, Greater Noida of late is gradually becoming a hub of real estate. Some national and multinational companies have already set up offices in this area and some have plans to do so in the near future. Since it has already on its way on becoming a commercial hub, real estate in the city is all set to witness a new boom. The major catalyst for the growth of the real estate in this city is its proximity to Noida and Delhi and the relatively pollution free environment has been a good catch for both investors and end-users.

Up-to-date infrastructure and the improved quality of living have turned Greater Noida into a choice of destination for many. In addition to that, a large number of builders and ...
... developers have invested here keeping in mind the potentialities of the area.

All these began with the rise of unaffordable property prices in Delhi. Skyrocketing prices forced developers and end-users to focus on Noida and Greater Noida. Property in Greater Noida is available at a comparatively affordable price. However, it has something or the other for everyone, from the affluent to the ones who have a limited budget. From high-end luxury homes to affordable housing segment, Greater Noida has a bit of everything for everyone. A large number of projects are equipped with the finest amenities possible that can promise a luxury living.

Now, property in Greater Noida has become so popular that, price bands have also begun to escalate. Builders are looking for long-term investments which would yield results in the near future which in turn would help cater to the influx of the population that has already shifted base to the once barren lands of Greater Noida. Areas like Swarn Nagri and other are coming up in big way. Properties in Swarn Nagri are some of the best places worth investing.

Greater Noida has become one of the most sought-after localities in NCR. One of the most prestigious projects that is worth mentioning is the Jaypee Township being built by the Jaypee Group. One of the biggest features of this township is the world-class golf-course spread across an area of 400 acres. Another huge attraction of this city is the Gautam Buddha University that is coming across the Yamuna Expressway. This world-class university is spread across an area of 511 acres. These have been instrumental in boosting the real property market of this area to a large extent.

Apart from all these, Jaypee Greens has also built several residential projects that include apartments, villas and others. Other builders and developers have also ventured into Greater Noida. Some of the names include Supertech, Ajnara, Amrapali, Omaxe, Parsavnath and many more. The Greater Noida Industrial Development Authority (GNIDA) has taken in to consideration the potentialities of the area and has been fully functional in developing Greater Noida into a full-fledged town. The township is now being divided into sectors.

With the latest addition to the town being the Grand Prix, has given Greater Noida the international standards that was required in order to bring it to the limelight in the country.

Going by all these it can be said that Greater Noida is all set to come up as a great residential township clubbed with the finest commercial complexes. Investing in a property in Greater Noida is bound to yield results.

Sampurna Majumder writes on behalf of 99acres.com which is a leading real estate portal providing genuine and accurate information about the current real estate trends and different property for sale available across various cities in India.