It is becoming a known fact that the demand for properties in NCR especially Noida is under great demand. The place benefits from huge number of advantages in contrast to any other site in NCR. The roads here are broad and well linked. The Delhi Metro, as well, plays a major role in connecting Noida to Delhi which permits daily commuting much easier for residents. Almost all types of properties are being developed in the area by the major construction houses and property developers. It is becoming a preferred activity hub for industries, offices, and retail shops.
The pace with which Noida is expanding is phenomenal and as a consequence many new residential and commercial projects are being developed. All these signify a great investment opportunity for people who are craving to own a property in Noida. There are loads of new projects that are in the preliminary phase which make the prices rather reasonable. Many investors like to acquire commercial properties with likelihood to procuring great returns in the near future. By starting new projects, the big construction companies are making their existence felt in the area as well as offering all sorts latest technology services to the customers.
Advantages of investing in Noida
With alleged returns of over 15 percent, properties in Noida are turning into a secure investment over the past decade. A minimum of 12 percent return on investment can be earned by investing in Noida.
The value of real estate properties in Noida is experiencing a boost in their value for the past several years.
The increase in value of property owes to the ever-increasing demand for real estate in parts of Greater Noida.
The properties in Noida are in huge demand for the reason that Greater Noida is a focal point of IT and commercial office of big multinational companies.
By procuring a property or commercial office in Noida anyone can gain the pride and reputation of having a business office in Greater Noida because of the lucrative market that exists in Greater Noida.
Price of real estate properties in Noida
Greater Noida: The price range of real estate properties are between Rs 2,400-2,800 per sq ft m. Land rates in Greater Noida hang between Rs 16,000 - 22,000 per sq m. Alpha, Beta, Gamma, and Delta are the premium and well-settled sectors in Greater Noida have the going rates for land between Rs 16,000 - Rs 18,000.
Adjacent Noida: At the adjacent Noida, the price of built up property is no less than Rs. 3.500 per sq ft. as against Rs 35,000 - 65,000 per sq m in Noida.
Noida is a major hub for multinational firms outsourcing IT services. Many of the big Software and Business Process Outsourcing (BPO) companies have their headquarters in the city. The swelling prices in Greater Noida have made it a golden investment opportunity for the investors.
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