Why Properties in Greater Noida Are in So Much Demand?

Due to a variety of supportive elements, including a huge number of high-paying white-collar employment and world-class physical infrastructure, Property in Greater Noida is in the most demand. As significant firms relocate to nearby cities such as Gurgaon and Noida in quest of better infrastructure and lower real estate prices, real estate prices in Delhi have risen to stratospheric heights, resulting in the creation of surrounding cities. The government is also facilitating this by enhancing communication between these cities and Delhi via large roads and motorways, as well as the Delhi Metro.

Jewar airport

Everyone’s favourite attraction right now is Jewar Airport. The cost of Real Estate in Greater Noida West and Noida is now reasonable, but it will undoubtedly rise once the Jewar airport is completed. In December 2018, development on the Jewar airport in Greater Noida will begin. In terms of surface area, the Jewar airport will be India’s largest. The first phase of the project entails the building of 4 thousand acres, with subsequent stages involving the development of the remaining area.

Job Possibilities Are Expanding

Nowadays, there are numerous professional opportunities in Noida and Noida Extension. A huge number of IT and ITES offices have established themselves in the city, as well as several large corporations, increasing work prospects. After the opening of the Jewar airport, all MNCs would be able to set up shop in Noida and Greater Noida, increasing job opportunities.

Excellent Infrastructure and Planning

Noida is one of the country’s most meticulously designed cities. It boasts world-class road infrastructure, with the Yamuna Expressway as its crowning achievement. The Yamuna Expressway is a world-class roadway, and all of the city’s sector roads are likewise fairly broad. There are several parks, world-class hospitals, international schools, and other amenities. The city’s contemporary transportation system includes metro line development, as well as greenery. Many individuals who have visited Greater Noida have remarked on how well-planned the city is.

Return on Investment (ROI)

Greater Noida has the potential to provide a good return on investment based on the current developments in the area. There is a huge price difference between Gurgaon, Noida, and Greater Noida at the time. However, with anticipated infrastructure and government measures, the disparity will narrow dramatically in the next years. Since real estate prices are likely to climb, now may be the greatest time to invest in Noida and Greater Noida.

Social Infrastructure

Some social infrastructure has already been built in Greater Noida, and more are currently being built. DPS, Ramagya, Amity University, Kothari Public School, and Khaitan Public School are among the well-known brands it has created for schools. A variety of good hospitals and shopping centres may be found in the area. In the foreseeable future, there will be additional malls and hotels.

Final Words

Greater Noida is a well-planned metropolis with large investment intentions from corporations such as LG, Lava International, and Micromax. Experts believe it’s only a matter of time until commercial real estate starts to grow here, as the government prepares additional infrastructure and more corporations prefer this suburban portion of Delhi.