imran Khan
It is, without a doubt, a top priority for most
Delhi inhabitants. The apartment building they select has adequate security and
is in a setting that guarantees a safe neighborhood. For several factors,
including affordability relative to other prime sites, expanding infrastructure
development, and growth in corporate cover, Noida's residential demand has
increased. Roads connecting all of the main arteries are being built by the
local authorities to provide much-needed connectivity. Future airports like
Jewar and Hindon offer a more straightforward route with less traffic for
direct boarding. Having hospitals, schools, and post offices adds to the appeal
for people seeking advanced social infrastructure.
The essential amenities should be at the top of our
priorities whenever we purchase a home. Various options in Noida satisfy the
increased need for a metropolitan atmosphere and proximity to all necessary
facilities. The population density and the divide between residents of
different states and nations is an exciting feature that makes it possible for
everyone to feel at ease in their surroundings. White-collar professionals
today have more job options than ever since businesses are scrambling to tap
into the market's potential before it becomes saturated, like the nearby
marketplaces of Gurgaon and Delhi. In addition to other features, facilities,
and well-rounded communities with security guards and good surveillance, all
communities offer connectivity and security. Noida provides better and more
affordable prices than popular real estate markets like Bangalore and Mumbai
Metropolitan Region (MMR). Real estate investments also see higher and more
consistent returns, with the added benefits of proximity to the national
capital for those with residential purposes. Property prices are yet to reach
saturation, making it ideal for exploitation by sellers and buyers; the average
value per sqft now stands at Rs.6,600 (approximately).
Why does Noida deserve all the attention?
Numerous corporate behemoths, including HCL,
Oracle, KPMG, and Magic Software, are based in Noida's premier business
districts and are accessible via the expressway that connects Noida to Greater
Noida. Real estate developers anticipate more substantial commercial
development opportunities as more roads and expressways are built. The
authorities have already established expansion plans to provide more
significant employment opportunities, including creating a Special Economic
Zone (SEZ). The high values per square foot, which have consistently been
steady between Rs. 4,200 and Rs. 7,000, are the foundation of investment
potential. These values only seem to be headed for a continuous rise, at least
by 15-20%, given the variety of projects in the book, as previously noted.
Various real estate developers have taken advantage of the possibility of
establishing several dwelling developments and business complexes thanks to the
metro services.
Here are some properties to look out for:
1. ACE City
This property is situated in Sector 1 Noida
Extension, Noida, and is one of the best examples of high-quality homes at
affordable pricing. The residential complex, which spans an astounding 15
acres, has room for up to 2500 units, with configurations of 2 and 3 BHK Apartments, and with each flat having a size
between 1090 and 1530 square feet. Two clubhouses are located inside the
boundaries of the residential area, and there are significant transportation
alternatives to the national capital region. A cricket stadium close by will be
attractive to cricket fans.
2. Amrapali Dream Valley
The project, which began in December 2010 and was
finished in 2017, had a capacity of 7,500 units and an enormous 50-acre
footprint. The typical home size ranged from 585 to 1,715 square feet. This
complex's numerous amenities, including gyms, swimming pools, clubhouses,
reliable security around-the-clock, jogging trails, power backup facilities,
children's play areas, indoor game rooms, and a rainwater harvesting system,
will make the millennials of modern India feel right at home. Additionally,
those who are interested should be aware of how well connected the property on
Techzone 4 is to the Main Road, Noida Expressway, Yamuna Expressway, and
Sikandarabad Road. Due to the rising demand for continued construction in this
region. The price range is between Rs. 5,500 and Rs. 2,800 per square
foot.
3. Supertech Cape Town
This property occupies a sizable 32 acres for
seven years, from 2010 to 2017. Each residential space is between 930 and 2385
square feet, and there are a total of 4766 apartment units available, which may
be bought straight from the developer if you're interested. This property has
every modern amenity imaginable, including gymnasiums, swimming pools, kids'
play spaces, sports facilities, intercom facilities, and security systems. The
starting price for one of the apartments, including amenities like indoor
gaming areas, landscaped gardens, and rainwater harvesting systems, is Rs.
5,850 per square foot. Due to its established infrastructure and expanding
investments, Sector 74 in Noida has experienced an increase in demand for
residential houses and apartments. The elegance of such a home, its attendant
amenities, a desirable location, and rising connectivity have also drawn in investors.
4. Gaursons Anmol
Among its other assets, Gaursons has long
been a reputable real estate company, admired for providing top-notch real
estate choices at competitive prices. The structure, situated in Sector 19 of
the Yamuna Expressway, may house more than 360 units in various 1, 2, and 3 BHK
configurations. The sizes of the units range from 700 to 1000 square feet.
5. Gaursons Atulyam
The trustworthy real estate developer's list
of properties continues with this one, which took place between 2014 and 2017
and has 1216 units. These residential units range from 930 square feet to 1665
square feet. They include contemporary amenities found in residential buildings
of this stature and renown, such as clubhouses, sports, and indoor facilities,
gymnasiums, children's play areas, and an essential 24-hour security system
that monitors any routine or unusual activity that takes place within the
residential complex's grounds, CCTV installations at all public locations,
power backups, and landscaped gardens that provide a tranquil setting. The
project is situated in Omicron, a neighborhood in Noida known for having some
of the most sought-after real estate and being safe and secure. Prices for
these spaces start at Rs. 2,400 per square foot; given Gaursons' reputation,
this is incredibly reasonable.
6. Gulshan Homz Botnia
This complex, built from 2016 to 2019, contains 768
apartments ranging from 1025 square feet to 1475 square feet, with a total area
coverage of 5.25 square feet. The property also includes a variety of amenities
appropriate for any contemporary structure in today's real estate market,
including a swimming pool, gym, children's play area, and rainwater harvesting
system, round-the-clock security monitoring, jogging trails, and even
gorgeously planted gardens. The starting price for this property is Rs. 3,950
per square foot.
Noida is a popular place for house purchasers since the city experiences rising aspirations and improved quality infrastructure, resulting in high living standards. This market is made more appealing by adequate infrastructure development, increased connectivity, improving affordability, and a variety of corporate businesses like IT parks, SEZs and other financial organizations. The city has drawn its fair share of potential buyers and investors due to the rising supply of housing stock and the factors mentioned earlier. Even though little setbacks like slight delays in housing developments and mounting insolvency can be annoying, people who stick with their choices will eventually reap greater rewards. Today, the city successfully combines residential communities, wealthy homes, and commercial buildings built by top real estate developers as more foreign and domestic firms compete to enter the market.