Reasons to Invest Real Estate in Noida@ 7533005334
Noida, the business capital of the state and largest industrial town of Asia, is one of the profitable destination for the Real Estate investment. Noida’s close connectivity to Delhi and availability of world class resources like hospitals, educational institutes, best recreational infra has set a benchmark on the realty map of the country. It is not just the home-buyers, but big businessman’s, start-ups and many MNC are establishing their permanent office in Noida, because of the difference in infrastructure, like better connectivity of metro, efficient power facility and adequate water supply are adding value to the region. This s what makes the city different from other hubs.
“Noida is a good investment choice for those willing to play for long term properties. An investor should search opt for projects by reputed builders, in areas where social and physical infrastructure is either strong or is developing at good pace”.
Well connected to Delhi and Gurgaon, both via metro and roads, good infra facilities and metro service makes living experience superior in the NCR region. Some experts consider affordable housing tag as a key to Noida real estate success. A recent common survey states that around 30% people preferred to invest in micro market in Noida in comparison to other estate in NCR. Rise in the property prices in Gurgaon residential market makes unaffordable for many, as a result, the focus has shifted to other areas in NCR, particularly Noida. Advanced social and physical infrastructure in the region and connected network via Expressway has boosted the demand. “Noida realty market also offers good returns on Investment.
As Shweta Jain, managing director, Cushman and Wakefield sums it up, “The office market in Noida is also gripping due to availability of running quality office space at lower rentals compared to Delhi and Gurgaon and presence of excellent infrastructure.
According to market experts, the flow of interest is not sudden, but has been a steady advancement from Noida being just a secondary location to a sparkling realty hub in the National Capital Region. While organization are spreading their operations in Noida due to cost effective large office spaces and cheaper rentals as compared to Gurgaon. Developers are offering budget inventory for which the demand is expected to increase in the coming time.
Affordability and availability of interesting options are the key factors of the city real estate. However, the only problem faced by the investor is the delayed possession of the property by the builders. Investors should go through a check on developer before investing here.To ensure that valuations of the property rises, investors must look for connectivity from the metro station, credible developers with a good track for completing projects.
Where to invest in:
Being a good economical market with eye catching infrastructure, it is a suitable destination for realty investment. However, experts favours sector 78 in Noida as it has witnessed maximum price appreciation in the near-term. According to yearly report titled ‘NCR Real Estate in 2015’, sector 78 saw ROI in Delhi-NCR during the year. Sectors 49, 110, Expressway, 79, 74, 117 and 63 are some of the other effective investment options of Noida.
All the three micro-markets – Noida, Gurgaon and Ghaziabad are suffering between demand and supply. According to a survey things look more hopeful now for Noida with future infra plans. But the city also holds maximum unsold inventory, of over 1.2 lakhs flat unsold.
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