Real estate has always been the most popular investment in India, and that is because of many reasons. It provides the opportunity for constant returns in the long run. With the increasing number of people interested in investing in this sector, developers are always looking for promising new places. A city that is turning into a centre of development very fast is Noida, a satellite city in Delhi.
What are the reasons Developers are Moving to Noida?
Numerous factors make Noida a popular place for real estate developers. Let’s explore some of the key reasons if you’re searching for the best property in Noida ready to move:
Increasing Property Demand and Appreciation
Rising property demand is among the main causes of the sharp increase in property prices. Now that Delhi and Gurugram’s real estate market has reached saturation point, Noida and Greater Noida have witnessed an increase in demand. This is why they are the most popular among both developers and buyers. Apart from this, the property prices in Noida are expected to go up by 30% in the next few years, thus making it a profitable investment.
Supportive Government Initiatives
The Uttar Pradesh government is striving to make Noida and Greater Noida the global cities. Initiatives such as “Make in India” have made Noida the place for more than 80 mobile manufacturing units. The authorities have also proposed the creation of a Toy Park, Film City, electronic park, and medical device park in Jewar. These development moves will probably enhance growth and make the real estate sector a good regional investment destination.
Excellent Connectivity
Noida’s major advantages are its strategic location near the national capital—Delhi—and its well-developed infrastructure. The six-lane Noida-Greater Noida Expressway offers an uninterrupted link between Delhi, Noida, and Greater Noida. This 25-kilometre stretch has also turned into a residential and business corridor.
The 165-kilometer Yamuna Expressway connects Noida to Agra. Besides, the Noida-Greater Noida Metro Line, the Noida extension, and the NH-24 expansion have made Noida no longer ignored by real estate developers.
World-Class Infrastructure
Noida has been experiencing substantial growth in its social infrastructure in the recent past, and this trend is likely to continue. Several mega infrastructure projects, such as the International Airport at Jewar and the multi-modal logistics and transport hub in Greater Noida, are pushing Noida to the front line for profitable investment opportunities.
Both Noida and Greater Noida are close to major infrastructure such as the Mahamaya Flyover, DND Flyover, and the Buddh International Formula 1 Circuit. The city is also home to famous hospitals such as Max, Apollo, and Fortis and well-known educational institutions like Amity University, Lotus Valley International School, and Delhi Public School. This strong social infrastructure makes Noida a perfect place for real estate developers.
Noida’s Future Looks Bright
Noida’s strategic location, supportive government policies, good infrastructure, and increasing demand make it a very promising place for real estate developers to start their businesses. The future of Noida as a major residential and commercial hub is bright because of its huge appreciation and strong job market.
Nowadays, Noida is not a secret to real estate developers anymore. It is now becoming a busy commercial and residential area where the anticipated potential and growth lure real estate developers. However, there are too many sectors fighting for attention, so where to concentrate your efforts for real estate investment? Let’s explore some of Noida’s hottest emerging locations:
Top Locations For Real Estate Investments In Noida
1. Sector 44
Imagine a hub with the best connectivity to the City Center and Botanical Garden Metro Station. Also, consider the fact that there are good facilities like malls, international schools, hospitals, sports complexes, and entertainment zones. That’s the magic of Sector 44 Noida. This well-known area covers residential and commercial real estate, making it an ideal place for investment.
2. Sector 150
Are you in search of a blank canvas for your grand plan? Sector 150 is just where you should look for the answers. In contrast to its congested counterparts, Sector 150 provides a large area for development. Here, you’ll discover a huge 1 Lakh square metres of Shaheed Bhagat Singh Park, an international cricket academy, and a new sports city that is going to be built. It is not a surprise that major developers like Bhutani Group have already made their mark with the City Center 150 project, which is innovative and redefines the idea of premium commercial office spaces on the Noida Expressway.
3. Sector 75
Sector 75 is the symbol of a luxurious lifestyle. This high-class locality has smooth roads and efficient metro connectivity to Noida, Greater Noida, and Delhi. The city is also a top-notch place for schools and hospitals, which makes it a more attractive destination. The increasing property demand here is like a song in a developer’s ears; hence, it is a sign of a safe investment.
4. Sector 140
Think about a place where schools, colleges, and hospitals are easily accessible. Thus, you can add a touch of luxury with Bhutani Cyberthum’s iconic towers, home to premium offices, high-end shopping, and fine dining experiences. Sector 140 provides an ideal combination of convenience and luxury living, thus making it the ideal place for developers with a vision.
5. Sector 90
Sector 90 is a well-established Noida locality with good access to major roads and highways. It is near the Noida-Greater Noida Expressway and has connectivity to other parts of the city through the Anand Vihar and Hazrat Nizamuddin railway stations. Besides, residents can easily get to the Indira Gandhi International Airport by vehicle. Sector 90 is booming in real estate, and developers are coming up with commercial and residential projects for a growing population. Some of the major companies located here are Dixon Technologies, SoluM India Hightech Private Limited and Bhutani Alphathum Office Spaces.
Final Words
Noida’s swift development makes it a treasure for real estate investors. The city guarantees high returns through a supportive government, good infrastructure, and increasing property values. Whether a developer is looking for the right place or an individual wishes to upgrade their investment portfolio, Noida offers everything.
From the busy areas of Sector 44 to the vast green spaces in Sector 150, there is a wide range of areas to explore. So, it’s time to dive deep into the hidden potential of Noida and uncover the thrilling chances waiting for you!
