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29 June 2013

Investment in Greater Noida Property is More Advantageous


Greater Noida, is managed and controlled by Greater New Okhla Industrial Development Authority (GNOIDA). The city was created under the UP Industrial Area Development Act. As we all know that Noida is considered to be one of the more modern cities of Uttar Pradesh.  Noida-Greater Noida Expressway is one such location that ensures excellent accessibility and great infrastructure, and this is the reason why it has become a favorite spot for the real state builders, investors as buyers. Demand for both residential and commercial units in this location is shooting up. The Noida-Greater Noida Expressway which further connects to the 165 km long Yamuna Expressway, is witnessing introduction of a plethora of newer projects. Greater Noida enjoys a great location as it is close to Delhi, Ghaziabad and of course Noida. The recently held F1 race in India has put Greater Noida on the international stage and it is well on its way to becoming a world class township. Most people aspire for a better quality of life and hence they move from the villages to urban townships like Greater Noida that has all modern amenities and public utilities and infrastructure in place. The township is shaping up well and there is great demand for Property in Greater Noida, both residential and commercial among potential investors and home owners.

Property in Greater Noida is one of the best next choices given to its location because of excellent connectivity, pollution free environments and the great potential for developments. To begin with, The attention of Property Builders has directed to noida and greater noida location looking for the other beneficial choices in order to get long term benefits and help furnish to the excellent arrival of population into the region because of the Real Estate Property Prices in the city have skyrocketed. Demand for housing has accumulated due to the large number of immigrants and tourists are Delhi also. Delhi has some of the most lucrative opportunities for education and employment, therefore, the attraction of migration in abundance. Service apartments are well equipped apartments that promise an enjoyable stay and are rapidly gaining acceptance of all. International students and tourists prefer to live in these apartments as they cost less than hotels still offer home stay safe. More investment is being made in this area. 

The Western zone of Greater Noida that was earlier known as Noida Extension, has overcome all the legal hurdles and the builders have resumed their construction work in the area. Some more projects will be launched to meet the increased demands of residential properties from the buyers. After the approval of the Greater Noida Master Plan 2021 by the National Capital Region Planning Board (NCRPB), some more infrastructural developments, such as construction of important road links and introduction of Metro network are on the way.

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