Over the past few years, NOIDA or New Okhla Industrial Development Authority has undergone through a complete transformation. Noida is considered as an epitome of India’s growth and no more a stereotype of the industrial area. With its transformation, it has become the largest planned industrial townships of Asia. Also, it is considered as one of the India’s growth engine in past few years because of the transformation. Within few years, the city has gained lot of popularity and has become a hub of big brands, IT/ITES, MNCs and much more.
With the people migrating from Delhi and NCR region to Noida, Real Estate in Noida is striking the sky. Due to the merging population, who want to make Noida as their home is witnessing the problems as well as a splendid life in the state. Also, the migration of people is benefiting the Builders in Noida, who are offering spacious, luxurious and enriched apartments in the vicinity.
Real Estate in Noida
Some of the factors that are contributing in the benefits and huge demands of the Noida Property includes:
- Wide Roads
- IT/ITES companies operational bases
- A large migration of people from Delhi
- Close proximity to Delhi
- Emerging educational institutions
- Excellent network of roads and other civic infrastructure
- The 23-km Express Highway that connects Noida and Greater Noida, which has contributed in the attraction of Noida Real Estate market.
There are numerous hospitality and real estate giants that are also investing in Noida Property to initiate luxurious apartments, villas as well as exclusive five-star hotel projects. Noida is growing at a fast pace into a modern city to reside in. The city is emerging with world-class infrastructure along with global schools, hotels, hospitals, leading shopping complexes with latest brands, that is appropriate for all the income groups.
With the numerous factors contributing to the growth of the Noida City, the demand for residential complexes is also increasing. The city fosters residential and commercial complexes with modern neighbourhood, including amenities like amusement parks, plush green community parks, community halls, fitness centres, restaurants and shopping centres. The city is on the urge to see more world-class apartments, villas, residential as well as commercial complexes along with lot of infrastructural growth.