Noida is evolving as growth engine where the real estate market is showing great potential in providing lucrative deals and prices. Seeing Noida as an affordable housing sector is a verb of past tense, now it is gradually coming up as luxury housing options where each unit is priced between 1 Cr. – 1.5 Cr. Builders like Jaypee, Supertech etc. are exploring and targeting the higher middle class here who cannot deal with the Gurgaon offerings but have a good chance of getting a luxury address in Noida.
Initiated by Jaypee, the studio apartments gained its popularity soon and for the first time in the history of Indian real estate industry, each unit in Jaypee Sports city offering Studio Apartment were booked within four days of its launch. After the remarkable success of Studio apartments in Noida, many builders came up with the same plan in Greater Noida and Noida, price ranging between Rs. 45 lacs – Rs. 60 lacs. The reason behind why buyers and investors are drifting towards a bit affordable end at Noida is Global recession, due to which the liquidity of real estate buyers has drastically decreased and they are heading towards more affordable investment. Moreover when the Specialty of Gurgaon is not any more unique and easily achievable in Noida, why one will spend more money for same specifications when they are applicable at other affordable locations too.
After seeing such a great response from the buyers and investors, builders are planning more and more luxury units where price plan is reaching upto Rs. 10Cr. The best example is The Mist Villas where Bhasin Group is offering mansions and bungalows at Rs. 9.99 Cr, fully furnished of 3/4/5 BHK with Independent space in front and back yard at back. The township type New residential project in Noida is quite a big hit amongst the investors and buyers. Radhe Krishna Group is one of the service providers in the field offering great property deals and offers at the best prices. Here are available best commercial, residential apartments in Noida, Greater Noida, Ghaziabad and many other locations of NCR. For those who are looking for the best deals for investment purpose can reach us online at radhekrishnagroup.com and get to know what can be the best deal for you. For better expert opinion, give us a call - +91-9899444220 and we will help you with the best of the consultation
Now luxury homes a mass preference in Noida