Housing space in Delhi has been shrinking rapidly. For people who want to live close to Delhi for work, Gurgaon and Noida are the two zones that have emerged as hotspots for real estate in the past few years. Residential flats in Noida are usually less expensive compared to the real estate market in Delhi. As such, these cities are rapidly developing and expanding to accommodate more and more families. With steady development and growth, the real estate market in Noda is likely to make profit.
Investment in Noida
Residential flats for sale in Noida is the best bet for investors. It is a proven mode of investment, considered the safest bet for all investors even in this global economic crisis. With cities like Noida becoming the hotspot for real estate, investors are now coming forward and investing in properties in this satellite city.
Factors That Make Noida the Hotspot of Real Estate
Connectivity and infrastructure are the two determining factors that make Noida the real estate hub in recent time. Because of its close proximity to Delhi and the fact that it is well-connected with other parts of the country, are added bonuses.
Noida city’s strongest point is roadway connectivity. There are three expressways – Yamuna Expressway, Noida-Greater Noida Expressway and DND Expressway that connects this city to other parts of Delhi and NCR. The Indira Gandhi International Airport is also located at a close distance. As such, these factors contribute to the rising demand for flats and property in this city. Most importantly, Noida is also a planned city that’s improving with each passing year.
Likewise, Noida has evolved to become the international hub for IT and outsourcing companies. With a galore of job opportunities in this city, people from different parts of the country as well as from other countries are flocking this city for better career opportunities. This has also created a steady demand for more residential apartments, plots and flats coming up. Hence, residential property has always been in demand in the city, apart from commercial property.
While bearing in mind the increasing demand of property in Noida, real estate developers have left no stones unturned to develop living spaces with all the basic amenities and luxurious facilities for comfortable living.
Investment in Noida
Residential flats for sale in Noida is the best bet for investors. It is a proven mode of investment, considered the safest bet for all investors even in this global economic crisis. With cities like Noida becoming the hotspot for real estate, investors are now coming forward and investing in properties in this satellite city.
Factors That Make Noida the Hotspot of Real Estate
Connectivity and infrastructure are the two determining factors that make Noida the real estate hub in recent time. Because of its close proximity to Delhi and the fact that it is well-connected with other parts of the country, are added bonuses.
Noida city’s strongest point is roadway connectivity. There are three expressways – Yamuna Expressway, Noida-Greater Noida Expressway and DND Expressway that connects this city to other parts of Delhi and NCR. The Indira Gandhi International Airport is also located at a close distance. As such, these factors contribute to the rising demand for flats and property in this city. Most importantly, Noida is also a planned city that’s improving with each passing year.
Likewise, Noida has evolved to become the international hub for IT and outsourcing companies. With a galore of job opportunities in this city, people from different parts of the country as well as from other countries are flocking this city for better career opportunities. This has also created a steady demand for more residential apartments, plots and flats coming up. Hence, residential property has always been in demand in the city, apart from commercial property.
While bearing in mind the increasing demand of property in Noida, real estate developers have left no stones unturned to develop living spaces with all the basic amenities and luxurious facilities for comfortable living.